Middle East oil project generates offsets valued near $400/t for niche EU market
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.
Read MoreVerra offers proposal for tagging Paris-eligible carbon credits
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.
Read MoreSouth Pole carbon markets director to join BP
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.
Read MoreSwiss-EU ETS trading link to launch in late September with 10 transfer windows for 2020
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.
Read MoreNew US-listed carbon ETF launched amid growing investor interest
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.
Read MoreCarbon Pulse adds another EU correspondent as Brussels becomes global climate action epicentre
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.
Read MoreSwiss energy-related CO2 emissions continue descent in 2019 despite static transport output
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.
Read MoreSwiss 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.
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