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California divvies out 277k offsets, reduces invalidation on 1 mln

Published 21:56 on February 26, 2020  /  Last updated at 22:21 on February 26, 2020  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

California regulator ARB granted 276,600 new offsets this week in the lowest issuance so far this year, while it cut the invalidation period on more than a million additional credits, according to data published Wednesday.

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Africa, Asia big winners in German government’s carbon offset tenders -report

Published 23:53 on February 24, 2020  /  Last updated at 23:57 on February 24, 2020  /  Africa, Americas, Asia Pacific, Bavardage, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, Middle East, Other APAC, South & Central, Voluntary Market  /  No Comments

Germany has purchased more than 1 million carbon credits between 2014 and 2018 to offset the federal government’s emissions from business trips, according to a new report, with virtually all of the units coming from Africa or Asia and almost half from a single project type.

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GHG removal trading platform plans bi-monthly sales as prices recover

Published 17:43 on February 24, 2020  /  Last updated at 17:43 on February 24, 2020  /  EMEA, Voluntary Market  /  No Comments

The GHG removal trading platform led by Finnish utility Fortum foresees holding auctions every other month this year as its first voluntary market sale of 2020 saw prices climb back above €20/tonne.

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US Carbon Pricing Roundup for week ending Feb. 21, 2020

Published 22:40 on February 21, 2020  /  Last updated at 22:40 on February 21, 2020  /  Americas, Aviation/CORSIA, Canada, Carbon Taxes, US, Voluntary Market  /  No Comments

A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level this week, including developments in Hawaii, Colorado, Maryland, and cross-border hydroelectric potential in the Northeast US.

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CBL Markets hires APX veteran to lead international carbon operations

Published 15:00 on February 21, 2020  /  Last updated at 19:06 on February 21, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, Switzerland, US, Voluntary Market  /  No Comments

A former employee of US-based offset registry administrator APX will oversee the international expansion of CBL Markets as several global carbon markets seek to launch next year, the trading platform announced Friday.

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US agriculture secretary backs carbon trading, as Trump administration makes rare climate pledge

Published 17:45 on February 20, 2020  /  Last updated at 02:58 on February 21, 2020  /  Americas, RINs & LCFS, US, Voluntary Market  /  No Comments

US Secretary of Agriculture Sonny Perdue deviated from Trump administration policies and backed the idea of a carbon market for the rural economy on Thursday, as the Department of Agriculture (USDA) outlined a goal of halving the environmental footprint of the agriculture sector by 2050. 

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Carbon Pulse kicks off 2020 with two new hires to enter investment, development phase

Published 00:01 on February 18, 2020  /  Last updated at 23:51 on February 18, 2020  /  Africa, Asia Pacific, Aviation/CORSIA, Bavardage, EMEA, EU ETS, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Shipping, Switzerland, Voluntary Market  /  1 Comment

Carbon Pulse has expanded its workforce to kick off 2020, hiring two experts to help bolster its unrivalled news and intelligence offering as the five-year old company enters a new period of investment and product development.

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New REDD standard expands to include subnational jurisdictions

Published 21:40 on February 17, 2020  /  Last updated at 21:46 on February 17, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

The Architecture for REDD+ Transactions (ART) programme published its new standard for combatting tropical forest deforestation on Monday, giving subnational jurisdictions more authority and a longer timeframe than previously outlined to generate carbon credits for sale in voluntary and compliance-based offset markets.

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US Carbon Pricing Roundup for week ending Feb. 14, 2020

Published 22:37 on February 14, 2020  /  Last updated at 22:46 on February 14, 2020  /  Americas, Canada, US, Voluntary Market  /  No Comments

A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level this week, including developments in Pennsylvania, California, and Montana.

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US airline Delta sets out $1 bn CO2 neutrality goal that minimises offsets use

Published 18:00 on February 14, 2020  /  Last updated at 00:38 on February 15, 2020  /  Americas, Aviation/CORSIA, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, US, Voluntary Market  /  No Comments

US-based Delta Air Lines announced Friday that it will invest $1 billion to achieve carbon neutrality from its global business starting in March, but said it would limit its reliance on offsets in the long-run.

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