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Middle East oil project generates offsets valued near $400/t for niche EU market

Published 23:54 on August 25, 2020  /  Last updated at 22:33 on September 15, 2020  /  Carbon Taxes, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Switzerland  /  No Comments

Offset credits from an emissions reduction project at a Middle East oil production facility have been valued near $400/tonne, the first awards in an under-the-radar EU market where strict limits have resulted in some of the world’s highest carbon prices.

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Verra offers proposal for tagging Paris-eligible carbon credits

Published 23:14 on August 18, 2020  /  Last updated at 00:09 on August 19, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

Offset standard developer and manager Verra has released a public consultation regarding how to identify VCS credits that will be eligible for trade under the Paris Agreement, becoming the latest organisation to seek a differentiation based on whether or not host countries make corresponding adjustments to their emissions inventories.

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South Pole carbon markets director to join BP

Published 20:37 on August 17, 2020  /  Last updated at 20:37 on August 17, 2020  /  Bavardage, Climate Talks, EMEA, International, New Market Mechanisms, REDD, Switzerland, Voluntary Market  /  No Comments

South Pole’s director of climate policy and carbon markets has left the company to take up a similar role at BP, Carbon Pulse has learned.

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Swiss-EU ETS trading link to launch in late September with 10 transfer windows for 2020

Published 22:50 on August 5, 2020  /  Last updated at 14:41 on August 6, 2020  /  EMEA, EU ETS, Switzerland  /  No Comments

The physical link between Switzerland’s carbon market and the EU ETS will become operational in late September, the European Commission has announced, though it will initially be comprised of 10 one-day transfer windows scattered through the remainder of this year.

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New US-listed carbon ETF launched amid growing investor interest

Published 19:23 on July 30, 2020  /  Last updated at 01:38 on July 31, 2020  /  Africa, Americas, Asia Pacific, Bavardage, Canada, China, China's National ETS, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, New Zealand, Other APAC, South Korea, Switzerland, US  /  No Comments

A new US-listed exchange-traded fund (ETF) that tracks carbon prices in three markets was launched Thursday, allowing retail investors for the first time to indirectly hold cross-continental stakes in cap-and-trade schemes.

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Carbon Pulse adds another EU correspondent as Brussels becomes global climate action epicentre

Published 20:35 on July 14, 2020  /  Last updated at 00:10 on September 16, 2020  /  Africa, Aviation/CORSIA, Bavardage, Carbon Taxes, CBAM, EMEA, EU ETS, International, Middle East, Shipping, Switzerland, Voluntary Market  /  No Comments

Carbon Pulse has further expanded its roster of reporters, hiring a new Brussels-based correspondent to enhance the company’s news coverage and data analysis during a crucial period for both EU climate policy and the continent’s energy markets.

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Swiss energy-related CO2 emissions continue descent in 2019 despite static transport output

Published 19:08 on July 7, 2020  /  Last updated at 19:09 on July 7, 2020  /  Carbon Taxes, EMEA, EU ETS, Switzerland  /  No Comments

Switzerland’s emissions from transport fuels were little changed for the second straight year in 2019, while CO2 output from heating decreased by 2.5%, according to figures published Tuesday.

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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 23:51 on September 15, 2020  /  Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, Carbon Taxes, CBAM, 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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