BRIEFING: Swiss agency concerned about Chile’s Article 6 regulation, project pending
The Swiss entity managing Article 6 dealings with Chile has expressed concerns about the country’s draft authorisation procedures, confirming that a wind farm project remains under consideration, despite national media in the host country reporting a done deal.
Read MoreANALYSIS: Momentum for direct air capture growing in new countries, but US still the standout
Momentum is building in specific markets for direct air capture investment, according to attendees at a carbon dioxide removal (CDR) event held in Zurich this week.
Read MoreLATAM Roundup: Article 6 heats up and compliance systems seek certifiers in South America
Carbon Pulse rounds up May’s developments in Latin American and Caribbean carbon markets, seeing South American countries push forward under Article 6 bilateral agreements, compliance carbon pricing systems broaden their base of certification schemes, and new announcements of large-scale nature-based projects.
Read MoreCarbon pricing proves its worth in reducing emissions, global meta-study shows
Carbon pricing schemes, such as taxes and cap-and-trade systems, are significantly reducing global greenhouse gas emissions, a new meta-study has found, though the results vary widely depending on the policy’s design and implementation.
Read More2023 hailed as a possible turning point for clean power, as renewables surpass 30% of global generation
Solar and wind growth has propelled the world past 30% renewable electricity for the first time in 2023, marking a turning point in the shift away from fossil fuel power, according to a review of country-level data published on Wednesday.
Read MoreVCM Report: Bad headlines abound, but voluntary carbon prices little changed
Headlines in the trade press about the troubles of Rimba Raya in Indonesia were over-shadowed last week by a BBC investigative programme that exposed many criticisms of individual REDD projects to the general public, while also questioning the efficacy of voluntary efforts in general to the net zero cause, though prices saw little change.
Read MoreICVCM decision on first eligible voluntary carbon methodologies delayed til June as Verra, ART get nod of approval
Verra and ART TREES have become the latest standard bodies to pass the Integrity Council for the Voluntary Carbon Market (ICVCM)’s conditions for eligibility, but the first approval of methodologies for the Core Carbon Principles (CCPs) stamp has been delayed until June as experts grapple with fresh complexities.
Read MoreINTERVIEW: Kenya, US are attractive destinations for upstart DAC developer
Kenya is a top destination for carbon removal projects because of its wealth of renewable energy and natural resources, while a supportive regulatory environment makes it and the US attractive destinations for investment, according to a direct air capture (DAC) developer .
Read MoreGiant REDD project Kariba left in limbo as investigation by Verra drags on
The future of a troubled REDD avoided deforestation project in Zimbabwe has been left in limbo six months after it was suspended from the Verra registry.
Read MoreEuropean low-cost airlines see emissions soar to record in 2023 on €18/t avg carbon price -study
European low-cost airlines paid around €18/tonne on average to pump out more CO2 than ever last year, even though emissions for the continent’s aviation sector as a whole remain below 2019 peak levels, according to a study released Friday.
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