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Swiss eye reverse VAT charges on more types of CO2 credits to prevent tax fraud

Published 16:54 on July 3, 2020  /  Last updated at 20:40 on July 3, 2020  /  EMEA, EU ETS, International, Kyoto Mechanisms, Switzerland, Voluntary Market  /  No Comments

Switzerland has proposed introducing a reverse charge mechanism for VAT on more types of emissions trading in an effort to prevent tax fraud.

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Pandemic impact to hit ETS prices for 2 years, voluntary market more resilient -survey

Published 08:00 on June 23, 2020  /  Last updated at 17:16 on June 24, 2020  /  Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's National ETS, EMEA, EU ETS, International, Kyoto Mechanisms, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

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.

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Market stability mechanisms both a necessity and deterrent to ETS linking -study

Published 22:15 on June 22, 2020  /  Last updated at 01:22 on June 23, 2020  /  Americas, Asia Pacific, Carbon Taxes, China's National ETS, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

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.

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Global energy emissions growth sees dip in 2019 as coal’s role fades -BP

Published 10:33 on June 17, 2020  /  Last updated at 01:58 on June 18, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

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.

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Switzerland cancels second straight carbon allowance sale over low demand

Published 12:24 on June 15, 2020  /  Last updated at 14:58 on June 15, 2020  /  EMEA, EU ETS, Switzerland  /  No Comments

Switzerland has cancelled its second straight carbon allowance auction due to low demand, the government announced Monday.

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Global carbon market sees modest growth in 2019, strong interest in forestry -World Bank

Published 13:00 on May 28, 2020  /  Last updated at 20:34 on May 29, 2020  /  Americas, Asia Pacific, Australia, Canada, Carbon Taxes, China, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Zealand, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

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.

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Swiss-EU ETS trading link delayed further due to coronavirus

Published 18:27 on May 6, 2020  /  Last updated at 18:27 on May 6, 2020  /  EMEA, EU ETS, Switzerland  /  No Comments

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.

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Switzerland announces ETS restart, new dates for compliance deadline and auction

Published 18:33 on April 27, 2020  /  Last updated at 18:53 on April 27, 2020  /  EMEA, EU ETS, Switzerland  /  No Comments

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.

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Without Paris-era rules, voluntary carbon market steers own course

Published 20:42 on April 23, 2020  /  Last updated at 03:00 on April 24, 2020  /  Aviation/CORSIA, Climate Talks, International, REDD, Switzerland, Voluntary Market  /  No Comments

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.

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Carbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown

Published 08:05 on April 1, 2020  /  Last updated at 08:26 on April 1, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  1 Comment

*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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