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Record batch of Colombian CERs cancelled by emitters against country’s carbon tax

Published 23:06 on July 20, 2018  /  Last updated at 23:06 on July 20, 2018  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

A record batch of Colombian CERs were voluntarily cancelled this week for use by local emitters against the country’s carbon tax.

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S&P Dow Jones launches equity indexes that weigh future carbon price risks

Published 20:04 on July 17, 2018  /  Last updated at 20:04 on July 17, 2018  /  Americas, Asia Pacific, Carbon Taxes, EMEA, International, New Market Mechanisms, US, Voluntary Market  /  No Comments

Share index compiler S&P Dow Jones has launched a series of equity market indexes to measure the performance of companies against their valuation at risk from predicted 2030 carbon prices.

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China CORSIA withdrawal reports inaccurate, official tells media

Published 17:49 on July 9, 2018  /  Last updated at 17:49 on July 9, 2018  /  Asia Pacific, Aviation, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, US, Voluntary Market  /  No Comments

Reports that China has withdrawn from the voluntary first phases of the UN’s CORSIA aviation offsetting scheme are inaccurate, according to a representative of China’s delegation to ICAO.

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New Zealand’s Z Energy seals voluntary carbon deal at above-market price

Published 11:13 on July 9, 2018  /  Last updated at 06:26 on July 10, 2018  /  Asia Pacific, International, New Zealand, Voluntary Market  /  No Comments

New Zealand fuel supplier Z Energy has bought nearly 60,000 voluntary carbon credits at prices higher than in the nation’s mandatory ETS to offset its operational emissions.

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Ex-BP environmental head sets up US firm to trade biofuels, forest carbon

Published 14:57 on July 5, 2018  /  Last updated at 14:57 on July 5, 2018  /  Americas, Asia Pacific, Bavardage, Canada, EMEA, International, REDD, US, Voluntary Market  /  No Comments

The former head of environmental products trading at oil major BP has left to set up a US-based firm specialising in biofuels and forest carbon assets.

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China withdraws intention to participate in ICAO’s CORSIA aviation offset scheme

Published 17:44 on July 3, 2018  /  Last updated at 17:54 on July 3, 2018  /  Americas, Asia Pacific, Aviation, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, US, Voluntary Market  /  No Comments

China has officially withdrawn its intention to participate in the UN’s CORSIA aviation offsetting scheme, Carbon Pulse has learned, dealing a massive blow to efforts to rein in the sector’s rising emissions.

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US voluntary offset developer combines two tree plantings with CO2 sequestration in new premium offering

Published 14:11 on July 3, 2018  /  Last updated at 00:32 on July 4, 2018  /  Americas, US, Voluntary Market  /  No Comments

A US project developer has introduced a new bundled offset product designed for voluntary market buyers looking for offsets “a little more tangible” than current offerings.

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L’Oreal, Nespresso detail strategies for reducing supply chain emissions

Published 22:51 on July 2, 2018  /  Last updated at 15:40 on July 8, 2018  /  Africa, EMEA, International, Voluntary Market  /  No Comments

Companies are increasingly looking to carbon ‘insetting’ to blend corporate climate targets with attention to resiliency and co-benefits, according to two European-based entities speaking at a webinar on Monday.

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Mayday: Weak ambition, Chinese backtracking threaten future of CORSIA global aviation offset scheme

Published 20:22 on June 29, 2018  /  Last updated at 20:59 on June 29, 2018  /  Americas, Asia Pacific, Aviation, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, Switzerland, US, Voluntary Market  /  No Comments

Fears are mounting that ICAO’s international aviation offsetting mechanism could collapse well before its 2021 start as China backtracks and other nations resist, while the scheme’s rules get severely weakened or delayed by infighting.

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ICAO adopts CORSIA aviation offset rulebook, postpones key decisions as China looks to back out

Published 00:37 on June 28, 2018  /  Last updated at 19:51 on June 29, 2018  /  Africa, Americas, Asia Pacific, Aviation, Canada, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, Other APAC, REDD, Shipping, South & Central, Switzerland, US, Voluntary Market  /  No Comments

The UN’s aviation agency ICAO adopted its CORSIA rulebook on Wednesday, snubbing several governments’ calls for changes while giving airlines few additional signals on what offsets they can use to comply.

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