Swiss eye reverse VAT charges on more types of CO2 credits to prevent tax fraud
Switzerland has proposed introducing a reverse charge mechanism for VAT on more types of emissions trading in an effort to prevent tax fraud.
Read MorePandemic impact to hit ETS prices for 2 years, voluntary market more resilient -survey
The COVID-19 pandemic is likely to weigh on ETS prices worldwide for the next two years, with price expectations for the coming decade also dropping, according to an annual survey of carbon market participants and observers published on Tuesday.
Read MoreMarket stability mechanisms both a necessity and deterrent to ETS linking -study
Mechanisms that help manage unexpected shocks in emissions trading schemes are a necessary consideration when weighing the linking of two carbon markets, however existing ones can also act as a deterrent to connecting systems, according to a study released late Friday.
Read MoreGlobal energy emissions growth sees dip in 2019 as coal’s role fades -BP
Global CO2 emissions from energy use grew by 0.5% in 2019, only partially unwinding the unusually strong 2.1% rise in 2018, oil major BP said in its annual energy review published on Wednesday.
Read MoreSwitzerland cancels second straight carbon allowance sale over low demand
Switzerland has cancelled its second straight carbon allowance auction due to low demand, the government announced Monday.
Read MoreGlobal carbon market sees modest growth in 2019, strong interest in forestry -World Bank
Global carbon markets expanded marginally last year and saw modest growth in government revenues, but interest in offset projects rose with forestry leading the way, according to an annual report released Thursday by the World Bank.
Read MoreSwiss-EU ETS trading link delayed further due to coronavirus
The physical link between Switzerland’s carbon market and the EU ETS has been delayed further due to the coronavirus crisis, the European Commission announced late Wednesday.
Read MoreSwitzerland announces ETS restart, new dates for compliance deadline and auction
Switzerland will reopen its emissions trading registry in mid-May following a two-month closure, and with it the country’s EU-linked carbon market, the government said Monday, also announcing an extension to this year’s compliance deadline and the dates for the next allowance auction.
Read MoreWithout Paris-era rules, voluntary carbon market steers own course
The voluntary carbon market is making plans to secure its future as the postponement of intergovernmental climate talks ensures the UN Paris Agreement era will begin without rules on global emissions trade.
Read MoreCarbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown
*FREE READ* – A new carbon consultancy is calculating the global greenhouse gas emissions being saved by people working from home due to the coronavirus outbreak, and it is packaging and selling the reductions as voluntary carbon offsets.
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