Researchers caution Alaska on reputational risks of offset project regulations
A US non-profit research group has outlined criteria to avoid reputational risks in drafting regulations regarding offset projects on state lands, in comments submitted to the Alaska Department of Natural Resources (DNR).
Read MoreSenior lawmakers introduce legislation to create carbon market in Brazil’s Parana
Two legislators in Parana this week introduced a bill that would establish a regulated carbon market in the southern Brazil state.
Read MoreCFTC data reveals largest RGGI drawdown for producers so far this year
Compliance entities slashed RGGI Allowance (RGA) holdings and net length in California Carbon Allowances (CCA), while managed money built positions across longer-dated North American carbon market vintages, data from the US Commodity Futures Trading Commission (CFTC) on Friday showed.
Read MoreEmissions Market Analyst, STX Group – Amsterdam/London
The Emissions Market Analyst will work together with various business lines to develop short to long-term assessments of future environmental commodities demand growth at the sectoral level, understanding the main drivers and key uncertainties.
Read MoreVoluntary credit retirements on track for record year despite wave of bad press
Credit retirements from the four main standard bodies in the voluntary carbon market remain on track for a record year despite a wave of bad press around issuing projects, data from Carbon Pulse’s VCM portal shows.
Read MoreBRIEFING: Packed election year risks silencing discussions on climate, say former UN leaders
Two former UN leaders highlighted the world risks losing sight of the urgency to tackle climate change over this packed election year, with conflicts and short-termism taking political priority, during an event in London on Friday.
Read MoreNew reforestation project in Sierra Leone under fire for allegedly abusing land owner rights
A reforestation project in Sierra Leone has come under fire for allegedly abusing landowner rights before the project was registered with Verra, although the developers say correct procedures were followed.
Read MoreEuro Markets: EUAs post 7.6% weekly gain despite abrupt about-turn and daily loss as profit-taking emerges
European carbon allowances posted a weekly gain of 7.6% despite a volatile session on Friday, in which prices reached a 13-day high but unwound all their gains as the short squeeze of the last three sessions gave way to profit-taking after Thursday’s 6.9% jump.
Read MoreEuropean coal output, imports slump amid drop in energy demand and shift to renewables
European hard coal output dropped by 9% in 2023, while lignite production plunged 24% year-on-year as demand for fossil-fired energy tumbled, according to an annual report from Euracoal, the bloc’s coal association.
Read MorePOLL: MSR to remove fewest permits to date in 2024-25 amid marginal decrease in EU ETS surplus -analysts
The annual reduction in EU carbon allowances for 2024-25 through the Market Stability Reserve will be the smallest yet, reflecting a slight decrease in the market’s overall supply in 2023, according to a poll of analysts.
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