COP24: Developers, NGOs spar over future role of CDM
The continuation of the CDM and its CER credits when the Paris Agreement takes effect in 2021 has emerged as a major point of contention in the early days of the UN climate summit in Poland, as developers and NGOs remain widely split on the issue.
Read MoreHopes fade for progress on a CDM transition this year
Governments are not expected to offer much clarity on how the CDM will transition into the post-2020 Paris Agreement era as year-end UN talks in Katowice get bogged down in other issues, observers say.
Read MoreSwiss CO2 price crashes to record low at latest auction
Carbon allowance prices in the latest Swiss bi-annual auction have crashed to a record low, abruptly ending a trend of convergence with EU prices ahead of the linkage of both markets.
Read MoreCARBON FORWARD 2018: Switzerland lines up first Paris-era carbon trades
Switzerland will start buying its first international credits next year to help meet its emission goal under the Paris Agreement, marking one of the first trades under the pact, an official said Thursday at the Carbon Forward 2018 conference in London.
Read MoreANNOUNCEMENT: UK to exit EU ETS under ‘no deal’ Brexit, says govt
The UK will be excluded from participating in the EU ETS under a ‘no deal’ Brexit scenario, the government announced late on Friday.
Read MoreSwitzerland to introduce carbon floor price when it links to EU ETS
Switzerland plans to introduce a domestic carbon price floor when it links its emissions trading scheme to that of the EU in early 2020, a senior lawmaker told Carbon Pulse.
Read MoreCARBON FORWARD 2018: Will international carbon trade thrive under the Paris Agreement?
The world’s biggest carbon offset market is set to sunset in 2020, with governments at odds over how the UN CDM’s thousands of projects and billions of carbon credits should be subsequently treated under Article 6 of the Paris Agreement.
Read MoreCARBON FORWARD 2018: Why investors have learned to love EU carbon again
**THIS IS A FREE ARTICLE** – Investors have piled into the EU ETS over the past year as prices have tripled, with buyers hunting the lucrative returns predicted amid another doubling of the carbon price seen in the years to come.
Read MoreSwiss CO2 emissions fall in 2017 as biofuel use increases
Switzerland’s energy-related CO2 emissions continued to decline in 2017, the government reported Tuesday, attributing much of the fall to the increased use of biofuels.
Read MoreMayday: Weak ambition, Chinese backtracking threaten future of CORSIA global aviation offset scheme
Fears are mounting that ICAO’s international aviation offsetting mechanism could collapse well before its 2021 start as China backtracks and other nations resist, while the scheme’s rules get severely weakened or delayed by infighting.
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