New UN Article 6 text emerges to raise hopes of emission trade deal this year
The UN produced a new draft text on rules covering international emissions trade on Tuesday, after governments broke a deadlock that some observers said raises the prospects for a deal later this year on the Paris Agreement’s divisive Article 6.
Read MoreBeijing targets carbon neutral Winter Olympics with offsets, allowances
Organisers of the 2022 Winter Olympics in Beijing have released a plan to minimise the event’s greenhouse gas footprint, including a goal to buy or ensure donations of local carbon offsets and ETS allowances to make up for any emissions that can’t be avoided.
Read MoreEmissions exchange operator CBL Markets to merge with data firm Xpansiv
Spot emissions exchange operator CBL Markets will merge with commodity data firm Xpansiv, the companies announced on Monday.
Read MoreCalifornia lawmakers urge adoption of Tropical Forest Standard
Four California assemblymembers asked state regulator ARB this week to adopt the Tropical Forest Standard (TFS) for international sector-based offset programmes despite ongoing disagreement and environmental justice opposition to the proposal.
Read MoreIn first for Japan, utility strikes deal with Shell to buy “carbon neutral” LNG
Japanese utility Tokyo Gas has bought a batch of carbon credits alongside an LNG shipment from a unit of energy major Shell to offset the greenhouse gas emissions from the LNG’s full lifecycle.
Read MoreChina lays foundation for voluntary carbon market
China has for the first time laid out rules for carbon neutralising major events and activities, including defining which types of carbon credits would be eligible, a first step towards creating a voluntary GHG market in the world’s biggest-emitting nation.
Read MoreVoluntary carbon market stakes claim to thrive in Paris era
Entities should be able to continue buying voluntary carbon credits in the Paris Agreement era, though exactly how those claims will be reflected is still up for debate, a cross-stakeholder group has said.
Read MoreBY THE NUMBERS: Data sheds light on unused CER supply, Kyoto unit trading
There remains more than 860 million unused CERs – a massive supply of offsets that could potentially be tapped by airlines to comply with ICAO’s CORSIA scheme or which could find its way into the Paris Agreement era.
Read MoreEcosystem Marketplace loses long-time program manager to The Nature Conservancy
US-based environmental non-profit organisation Ecosystem Marketplace has lost its program manager to embattled green group The Nature Conservancy (TNC), Carbon Pulse has learned.
Read MoreEU airlines face CORSIA uncertainty as states order MRV rule re-write
EU airlines are being advised to continue monitoring their 2019 international flight emissions despite a lack of rules to govern the process due to bureaucratic delays.
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