Top

ANALYSIS: Xi’s climate plan could transform China’s carbon market, but only much later

Published 17:49 on September 24, 2020  /  Last updated at 17:49 on September 24, 2020  /  China, China's National ETS, China's Offset Market, International, Voluntary Market  /  No Comments

President Xi Jinping’s 2060 carbon neutral target will likely bring about massive offset demand in China in the long run, but market participants and observers expect the nation’s fledgling emissions trading system to remain unaffected initially.

Read More
Top

Voluntary offset prices flat in 2019 amid scramble for cheap renewable units -report

Published 21:38 on September 23, 2020  /  Last updated at 09:05 on September 24, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, EMEA, International, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Voluntary carbon credit prices flatlined in 2019 amid increased transactions, as new buyers rushed to buy cheap renewables-sourced units ahead of this year’s cut-off for registering many clean energy projects.

Read More
Top

ANALYSIS: Can Australia make its massive soil carbon plan work?

Published 09:43 on September 23, 2020  /  Last updated at 22:25 on September 23, 2020  /  Asia Pacific, Australia, International, Voluntary Market  /  No Comments

Australia has announced plans to use its offset market to cut a staggering 35-90 MtCO2e worth of emissions every year through soil carbon projects, but even if the technological challenges are overcome, who will buy all those credits?

Read More
Top

Michigan and Bluesource team up for voluntary forest carbon project

Published 23:13 on September 21, 2020  /  Last updated at 00:34 on September 22, 2020  /  Americas, US, Voluntary Market  /  No Comments

The Michigan Department of Natural Resources (DNR) last week announced it selected environmental firm Bluesource to develop the country’s first offset project on state-owned forest land, with the aim of supplying credits to the voluntary offset market.

Read More
Top

CO2 neutrality pledges build among corporates and subnational govts, though inconsistencies remain -report

Published 23:00 on September 21, 2020  /  Last updated at 23:00 on September 21, 2020  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Other APAC, South & Central, US, Voluntary Market  /  No Comments

Net zero emissions pledges are ramping up but in subnational jurisdictions and among companies, but the ultimate scope of these efforts could determine their long-term effectiveness in reducing GHG, according to new analysis published Monday. 

Read More
Top

China’s State Council backs voluntary offset exchange

Published 13:55 on September 21, 2020  /  Last updated at 21:42 on September 21, 2020  /  China, China's National ETS, China's Offset Market, China's Pilot Markets, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

China’s State Council has backed the establishment of a separate exchange for trading voluntary carbon credits likely to be set up in the Beijing region, which some market observers expect to gradually take over handling of CCERs.

Read More
Top

Australians found guilty of REDD credit tax evasion scheme

Published 11:52 on September 21, 2020  /  Last updated at 16:43 on September 21, 2020  /  Asia Pacific, Australia, International, Other APAC, REDD, Voluntary Market  /  No Comments

Australia’s federal court has found three men guilty of promoting tax avoidance over the years 2009-12 through a scheme that convinced clients to buy non-issued forest protection carbon credits by promising the investments would be tax deductible.

Read More
Top

Carbon neutral LNG faces uphill battle in China, gas distributor says

Published 10:38 on September 18, 2020  /  Last updated at 00:19 on September 19, 2020  /  Asia Pacific, Carbon Taxes, CBAM, China, China's Offset Market, International, Voluntary Market  /  No Comments

The recent failure to fetch any premium at China’s first-ever carbon neutral LNG auction shows market appetite is still low, but upstream suppliers can help by improving their information disclosure, according to a report released by a state-owned gas distributor.

Read More
Top

ANALYSIS: Standard opens door to voluntary offset use for company net zero goals

Published 23:08 on September 16, 2020  /  Last updated at 12:31 on September 17, 2020  /  Africa, Americas, Asia Pacific, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

A popular corporate standard for net zero emissions goals has relaxed its previously hard line against the use of carbon credits, in a move that may fuel further growth in the voluntary offset market.

Read More
Top

US conservation group, developers launch voluntary offset pilot for land trusts

Published 19:02 on September 16, 2020  /  Last updated at 02:02 on September 17, 2020  /  Americas, US, Voluntary Market  /  No Comments

A conservation organisation and two US-based offset project developers on Wednesday announced a five-year pilot programme for land trusts to access voluntary carbon markets, with a focus on forestry and grasslands initiatives.

Read More