Record batch of Colombian CERs cancelled by emitters against country’s carbon tax
A record batch of Colombian CERs were voluntarily cancelled this week for use by local emitters against the country’s carbon tax.
Read MoreS&P Dow Jones launches equity indexes that weigh future carbon price risks
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.
Read MoreChina CORSIA withdrawal reports inaccurate, official tells media
Reports that China has withdrawn from the voluntary first phases of the UN’s CORSIA aviation offsetting scheme are inaccurate, according to a representative of China’s delegation to ICAO.
Read MoreNew Zealand’s Z Energy seals voluntary carbon deal at above-market price
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.
Read MoreEx-BP environmental head sets up US firm to trade biofuels, forest carbon
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.
Read MoreChina withdraws intention to participate in ICAO’s CORSIA aviation offset scheme
China has officially withdrawn its intention to participate in the UN’s CORSIA aviation offsetting scheme, Carbon Pulse has learned, dealing a massive blow to efforts to rein in the sector’s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.
Read MoreUS voluntary offset developer combines two tree plantings with CO2 sequestration in new premium offering
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.
Read MoreL’Oreal, Nespresso detail strategies for reducing supply chain emissions
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.
Read MoreMayday: Weak ambition, Chinese backtracking threaten future of CORSIA global aviation offset scheme
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.
Read MoreICAO adopts CORSIA aviation offset rulebook, postpones key decisions as China looks to back out
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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