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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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California hands out 1.3 mln offsets to start 2020

Published 22:52 on January 15, 2020  /  Last updated at 22:52 on January 15, 2020  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

California regulator ARB divvied out nearly 1.3 million new California Carbon Offsets (CCOs) in its first issuance of 2020 as the all-time supply rose to nearly 170 mln, according to data published Wednesday.

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Chile introduces offset provision in updated draft climate change law

Published 22:45 on January 13, 2020  /  Last updated at 23:27 on January 13, 2020  /  Americas, Carbon Taxes, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, Voluntary Market  /  No Comments

Chilean emitters may use offset credits to comply with potential GHG limits under part of the country’s updated draft climate change law, as the beleaguered national government resumes work to hit more ambitious emission reduction targets.

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Ireland announces domestic €26/t offset scheme for government air travel

Published 15:01 on January 12, 2020  /  Last updated at 15:04 on January 12, 2020  /  Aviation/CORSIA, Carbon Taxes, EMEA, EU ETS, International, Voluntary Market  /  No Comments

Ireland on Sunday unveiled a new programme to offset the emissions from government air travel, with public sector departments required to pay €26 for every tonne of CO2 towards domestic mitigation efforts.

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US airline JetBlue to offset all domestic flight emissions

Published 17:59 on January 6, 2020  /  Last updated at 17:59 on January 6, 2020  /  Aviation/CORSIA, International, REDD, RINs & LCFS, US, Voluntary Market  /  No Comments

Low-cost US airline JetBlue announced Monday that it will purchase carbon credits to offset emissions from all its domestic flights beginning in July, while also expanding its sustainable aviation fuel usage.

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Central European voluntary offset vendor accused of selling retired carbon credits

Published 00:09 on January 6, 2020  /  Last updated at 23:42 on January 6, 2020  /  Asia Pacific, Bavardage, EMEA, International, Kyoto Mechanisms, Other APAC, REDD, Voluntary Market  /  No Comments

A Central European voluntary carbon offset vendor has been accused of reselling previously retired credits and of listing some units on its online registry without authorisation.

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California distributes 856k offsets to close out the year, as 2019 total halves

Published 21:36 on December 24, 2019  /  Last updated at 00:55 on January 3, 2020  /  Americas, Canada, US, Voluntary Market  /  No Comments

California regulator ARB doled out some 855,700 offsets in mid-December on a flurry of credits from ozone-depleting substance (ODS) projects, with the total number of California Carbon Offsets (CCOs) issued in 2019 falling by more than half compared to the previous year, according to state data published Dec. 24.

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Five UK carbon fraudsters ordered to repay £20.6 mln or face more jail time

Published 21:10 on December 18, 2019  /  Last updated at 23:15 on December 18, 2019  /  Americas, Asia Pacific, Bavardage, China, EMEA, International, REDD, South & Central, Voluntary Market  /  No Comments

Five men sentenced to a combined 43 years in prison for investment fraud related to the reforestation carbon market have been ordered to repay £20.6 million or face an additional 37 years in jail.

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CBL announces strategic moves in US offset, CORSIA aviation carbon markets

Published 14:41 on December 18, 2019  /  Last updated at 17:28 on December 18, 2019  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

Trading platform CBL Markets has announced two major developments that it says will help it build a commanding market share while improving confidence in major burgeoning carbon markets, including US offsets and ICAO’s CORSIA scheme for international aviation.

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COP25: Testing Article 6 talks delayed for second year after marathon UN climate summit

Published 13:19 on December 15, 2019  /  Last updated at 23:31 on January 5, 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

Marathon UN climate talks in Madrid finished on Sunday afternoon without agreeing rules for international emissions trade under the Paris Agreement’s Article 6, as beleaguered hosts Chile pushed the record-long summit to try to broker a deal on a handful of sticking points.

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