Top

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.

Read More
Top

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.

Read More
Top

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.

Read More
Top

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.

Read More
Top

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.

Read More
Top

Airlines seek CORSIA changes in light of virus impact

Published 11:10 on April 3, 2020  /  Last updated at 17:26 on April 9, 2020  /  Aviation/CORSIA, Climate Talks, International, Kyoto Mechanisms, REDD, Voluntary Market  /  No Comments

Airlines are urging governments to alter the UN’s international CORSIA aviation offsetting mechanism to account for the drastic cut in flights due to the coronavirus, changes that would likely greatly reduce offset demand.

Read More
Top

COMMENT: Five massive drivers of future demand for offsets

Published 00:01 on April 3, 2020  /  Last updated at 21:36 on April 2, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, Canada, China, Conversations, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Prior to the onslaught of COVID-19, a quick scan of the news each day would reveal that climate change is on the minds of customers and corporates worldwide.  Warmer winters with rain where there was once snow, colder weather anomalies due to destabilization of the polar vortex, and summers punctuated by raging fires in both hemispheres make the topic impossible to ignore.  And, while new regulatory regimes are cropping up across the globe, voluntary action is on the rise.

Read More
Top

COMMENT: Doubling down on climate action in the time of corona

Published 19:42 on April 2, 2020  /  Last updated at 20:28 on April 2, 2020  /  Climate Talks, Conversations, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Views, Voluntary Market  /  No Comments

Let this economic crisis not be a brake on the low-carbon transition, but an accelerator. With the Green Deal as a compass, we can marry our emergency spending with structural changes that will prepare us for a greener tomorrow. Because we cannot backtrack on our climate commitments, neither governments nor companies. That is more than crisis management, that is responsible policy, writes Renat Heuberger, CEO, South Pole.

Read More
Top

UPDATE – Colombia extends verification arrangements for carbon tax offset projects

Published 15:29 on April 2, 2020  /  Last updated at 23:44 on April 3, 2020  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market  /  No Comments

Colombia has prolonged temporary verification requirements for domestic offsets eligible for use against the South American nation’s carbon levy as the federal government continues work on its accreditation programme for in-country projects.

Read More
Top

UK should form national offset watchdog, think-tank says

Published 00:01 on April 2, 2020  /  Last updated at 21:50 on April 2, 2020  /  Aviation/CORSIA, EMEA, International, Voluntary Market  /  No Comments

The UK should set up a national body to guarantee the credibility of domestic carbon offsetting and spur land restoration, according to a report published by a think-tank on Thursday.

Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close