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Norwegian oil firm Equinor broadens climate goal to include its products

Published 17:22 on February 6, 2020  /  Last updated at 22:29 on February 6, 2020  /  EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Voluntary Market  /  No Comments

Norway’s Equinor is joining other major European oil and gas companies in setting a target to rein in emissions including those from the fuel it sells, leaving the door open for using offsets to help meet the goal.

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ClimeCo VP departs for Canadian environmental firm

Published 16:39 on February 6, 2020  /  Last updated at 16:39 on February 6, 2020  /  Americas, Bavardage, Canada, Carbon Taxes, US, Voluntary Market  /  No Comments

A vice president for offset developer and advisory firm ClimeCo has taken a senior position with a Canadian competitor, Carbon Pulse has learned.

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Chilean senate passes carbon tax reform with offset provision

Published 21:56 on January 31, 2020  /  Last updated at 01:05 on February 1, 2020  /  Americas, Carbon Taxes, South & Central, Voluntary Market  /  No Comments

The Chilean senate approved changes to the Latin American nation’s $5/tonne CO2 levy on Wednesday, altering the methodology for applying the tax and setting out the use of offsets as a compliance option.

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California mints 589k offsets in second issuance of 2020

Published 21:48 on January 29, 2020  /  Last updated at 01:08 on February 1, 2020  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

California regulator ARB issued nearly 589,000 new California Carbon Offsets (CCOs) over the past two weeks across three WCI protocols, according to data published Wednesday.

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COP26 seen as “last chance” to forge Paris carbon trading rulebook

Published 23:04 on January 28, 2020  /  Last updated at 21:14 on January 31, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

The 2020 COP26 UN climate summit in Glasgow will be the final opportunity for countries to agree to the rulebook for the Paris Agreement’s market-based Article 6, but countries will still press on with carbon market deals over the next decade if negotiations come up short for a third straight year, experts said Tuesday.

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World Bank sets November deadline for remaining REDD deals

Published 22:41 on January 27, 2020  /  Last updated at 22:41 on January 27, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

The World Bank Forest Carbon Partnership Facility (FCPF) will sign deforestation reduction agreements with its remaining 14 countries by the end of November, as the deals viewed as a possible base for international emissions trade begin to stack up.

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UK levy on airlines, big oil could fund land-based carbon trading, say government advisors

Published 20:39 on January 23, 2020  /  Last updated at 23:33 on January 23, 2020  /  Aviation/CORSIA, EMEA, Voluntary Market  /  No Comments

The UK should consider imposing a levy on airlines and fossil fuel companies to help spur a woodland carbon trading scheme, the country’s official climate advisors said on Wednesday.

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World Bank REDD programme adopts changes to align with CORSIA

Published 18:39 on January 23, 2020  /  Last updated at 00:21 on January 24, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

The World Bank’s Forest Carbon Partnership Facility (FCPF) has made revisions to its deforestation reduction programme methodology in response to comments from an UN aviation expert panel, with an aim of becoming eligible for the international flight offset programme CORSIA.

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Washington state can implement Clean Air Rule on stationary sources, court rules

Published 18:07 on January 16, 2020  /  Last updated at 00:40 on January 17, 2020  /  Americas, Canada, US, Voluntary Market  /  No Comments

The Washington Department of Ecology (ECY) can enforce its market-based carbon rule on stationary emitters after the state Supreme Court partially overturned a lower court’s decision on Thursday, but the ruling still bars the agency from implementing GHG limits on fuel suppliers and natural gas distributors.

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New US soil offset protocol seeks simplified approach to additionality

Published 23:04 on January 15, 2020  /  Last updated at 23:08 on January 15, 2020  /  Americas, US, Voluntary Market  /  No Comments

A US offset registry and agricultural technology company began the process of developing a soil carbon methodology for the voluntary offset market on Wednesday, with a focus on streamlining the process of proving additionality.

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