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CARBON PULSE CONVERSATIONS 004: Stillwater Associates

Published 18:36 on April 24, 2020  /  Last updated at 18:36 on April 24, 2020  /  Americas, Canada, Conversations, RINs & LCFS, US, Voluntary Market  /  No Comments

In the latest Carbon Pulse Conversations podcast, we speak to Megan Boutwell, vice president of operations at US-based consultancy Stillwater Associates, about the coronavirus-related impacts on the California Low Carbon Fuel Standard (LCFS) and neighbouring transportation sector clean fuels markets.

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Without Paris-era rules, voluntary carbon market steers own course

Published 20:42 on April 23, 2020  /  Last updated at 03:00 on April 24, 2020  /  Aviation/CORSIA, Climate Talks, International, REDD, Switzerland, Voluntary Market  /  No Comments

The voluntary carbon market is making plans to secure its future as the postponement of intergovernmental climate talks ensures the UN Paris Agreement era will begin without rules on global emissions trade.

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California mints 1.2 mln offsets in first issuance since March

Published 22:57 on April 22, 2020  /  Last updated at 23:25 on April 22, 2020  /  Americas, Canada, US, Voluntary Market  /  No Comments

California issued nearly 1.2 mln new offsets and reduced the invalidation period on an additional 2.3 mln existing credits, according to data published by regulator ARB on Wednesday.

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World Bank sticks to November REDD deal deadline amid virus concerns

Published 15:04 on April 22, 2020  /  Last updated at 23:33 on April 22, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

The World Bank Forest Carbon Partnership Facility (FCPF) is adhering to the November deadline agreed earlier this year for tropical forest nations to sign their deforestation reduction agreements, even as several countries are running behind schedule.

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Global business group launches Singapore-based voluntary carbon trading drive

Published 13:43 on April 22, 2020  /  Last updated at 23:36 on April 22, 2020  /  Asia Pacific, International, Other APAC, Voluntary Market  /  No Comments

The International Chamber of Commerce (ICC) has teamed up with Singapore-based emissions exchange AirCarbon and blockchain development firm Perlin to drive voluntary carbon trading under its new ICC Carbon Council.

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GHG removal credits clear above €30 in Finnish platform’s latest auction

Published 11:32 on April 22, 2020  /  Last updated at 00:53 on April 23, 2020  /  EMEA, Voluntary Market  /  No Comments

Emission removal certificates sold for a weighted average of €31.60 each at the latest voluntary market auction held on the Puro platform led by Finnish utility Fortum, Puro said on Wednesday.

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Thailand, British Columbia to take extra time to re-apply for CORSIA eligibility

Published 16:50 on April 20, 2020  /  Last updated at 22:19 on April 20, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, Voluntary Market  /  No Comments

Thailand and British Columbia will miss UN body ICAO’s Monday deadline to resubmit their offset programme applications for eligibility under the CORSIA global aviation scheme, as they seek to make changes to their methodologies for future intakes.

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ANALYSIS: Virus fallout means 2020 a write-off for airlines’ CORSIA offset purchases

Published 22:48 on April 16, 2020  /  Last updated at 10:19 on April 17, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, New Market Mechanisms, Other APAC, REDD, RINs & LCFS, South & Central, US, Voluntary Market  /  No Comments

The bottom fell out of the CORSIA international aviation offset market almost as soon as it began with the coronavirus fallout grounding airlines worldwide, yielding slim prospects for even limited test buying this year.

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FEATURE: Verra aims for more streamlined process with in-house offset registry

Published 15:13 on April 9, 2020  /  Last updated at 22:27 on April 9, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, REDD, South & Central, US, Voluntary Market  /  No Comments

Offset standard developer and manager Verra is seeking to cut red tape and costs for stakeholders by launching its own registry, becoming the latest US-based organisation to administer its own system.

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Hawaii CO2 tax legislation faces uncertain future amid COVID-19 pandemic

Published 18:00 on April 6, 2020  /  Last updated at 22:45 on April 6, 2020  /  Americas, Aviation/CORSIA, Carbon Taxes, US, Voluntary Market  /  No Comments

Hawaii legislators’ plans to approve a carbon levy proposal this year are in doubt due to the COVID-19 pandemic, but the economic fallout from the virus outbreak could present an opportunity to raise critical revenue for the tourism-dependent US state, the bill sponsor told Carbon Pulse.

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