LATAM Roundup: Global industry bets on Brazilian green hydrogen

Published 12:00 on October 7, 2024  /  Last updated at 21:29 on October 4, 2024  / /  Americas, Nature-based, South & Central, Voluntary

Heavy industry on both sides of the Atlantic pinned decarbonisation hopes on clean Brazilian electricity, Peru promised voluntary carbon market (VCM) expansion, and Argentina’s VCM progressed in two sectors in the week ending Oct. 6.

Read More

Taiwan govt committee finalises carbon levy rates, starting at $9/t

Published 11:36 on October 7, 2024  /  Last updated at 11:36 on October 7, 2024  / /  Asia Pacific, Carbon Taxes, Other APAC

An environment ministry committee has finalised rate recommendations for Taiwan’s upcoming carbon levy scheme, with a starting price of NT$300 ($9.32) per tonne of CO2e for regulated emitters on the island.

Read More

INTERVIEW: African pilots plan to generate biodiversity credits across 300,000 ha

Published 11:28 on October 7, 2024  /  Last updated at 11:28 on October 7, 2024  / /  Africa, Biodiversity, EMEA, International

An initiative to generate biodiversity credits across more than 300,000 hectares in Uganda and Zambia has been speaking with authorities about creating enabling policy, Carbon Pulse has learned.

Read More

Article 6 body adopts sustainable development tool

Published 10:18 on October 7, 2024  /  Last updated at 10:18 on October 7, 2024  / /  Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Paris Article 6

The body mandated to shape the UN’s Article 6.4 carbon crediting mechanism has adopted a sustainable development tool, as it also scrambles to ready guidance ahead of COP29 next month.

Read More

INTERVIEW: ‘A tonne is not a tonne’ – Changing the approach to voluntary carbon crediting could unlock much-needed scale

Published 10:12 on October 7, 2024  /  Last updated at 10:12 on October 7, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, US, Voluntary

In order to scale, the voluntary carbon sector must shift its approach, adopt a more conservative stance to crediting, and move past the “the myth of fungibility”, a senior executive at Amazon told Carbon Pulse.

Read More

FEATURE: ‘Panic’ as EU’s new green product reporting rules come into effect

Published 10:03 on October 7, 2024  /  Last updated at 10:03 on October 7, 2024  / /  Carbon Taxes, CBAM, EMEA

Manufacturers across the globe are bracing for new ecodesign reporting obligations in Europe, with full disclosure of the carbon content and wider environmental footprint of products soon becoming obligatory for any company placing goods on the EU market.

Read More

Australian energy firm partners with Japanese government agency to manage methane emissions

Published 08:29 on October 7, 2024  /  Last updated at 08:29 on October 7, 2024  / /  Asia Pacific, Australia, Japan

An Australia-headquartered energy firm has teamed up with a Japanese government affiliate to collaborate on improving methane emissions management with new technology.

Read More

AU Market: ACCU price retreats after bumper September

Published 07:16 on October 7, 2024  /  Last updated at 07:16 on October 7, 2024  / /  Asia Pacific, Australia

The price of Australian Carbon Credit Units (ACCUs) has reversed the gains it made last month which saw a record 4.1 million units traded, according to analysis.

Read More

Australia has done nothing to reverse nature-harming govt subsidies, report finds

Published 05:56 on October 7, 2024  /  Last updated at 05:56 on October 7, 2024  / /  Asia Pacific, Australia, Biodiversity

Australia spends around 50 times more on subsidising activities that harm the environment than it spends on helping it, according to a first-of-its kind report examining government payments published Monday.

Read More

New one-stop solution created for airlines to buy CORSIA, voluntary carbon credits

Published 23:01 on October 6, 2024  /  Last updated at 11:47 on October 4, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Two companies have teamed up to offer airlines a one-stop solution for climate action via a portfolio of voluntary credits that includes those eligible for the UN’s international aviation offsetting scheme.

Read More