Macao opens international carbon exchange
Macao this week unveiled a voluntary carbon exchange backed by a leading Chinese private equity firm, which aims to help China link up with international markets.
Read MoreBRIEFING: Fate of Australia’s carbon market Safeguard Mechanism uncertain as elections near
Australia’s conservative Coalition party’s failure to clarify its position on the Safeguard Mechanism and the lengthy development process of new Australian Carbon Credit Unit (ACCU) methods has created an air of uncertainty in the market, experts told Carbon Pulse this week.
Read MoreFII24: Carbon registries urged to integrate AI into methodologies
Mainstream registries on the voluntary carbon market (VCM) should move more quickly on integrating AI into methodologies and monitoring systems in order to speed up their processes and ensure greater efficacy of their approaches, the CEO of a technology provider in the space has said.
Read MoreAustralia Market Roundup: State of the Climate report warns of increasing ocean temperatures, nearly 800,000 ACCUs issued
The State of the Climate report shows Australia’s average temperatures have already risen 1.5 C for the first time since records began, as the latest Clean Energy Regulator issuance saw an increase in Australian Carbon Credit Units (ACCUs).
Read MoreBeijing to auction off 1 mln carbon permits under local ETS as compliance deadline draws near
The Beijing municipal government will auction one million carbon allowances under its pilot emissions trading scheme in November, with a price floor for the sale to be set later.
Read MoreCOP29 at risk due to pro-fossil fuel agenda and corruption, global NGO says
Hopes of tangible progress at the approaching UN climate summit COP29 in Baku, Azerbaijan, are at risk of being quashed by pro-fossil fuel interests and signs of government corruption, according to a report by Transparency International (TI) released Thursday.
Read MoreBrazilian prosecutor’s office asks to escalate state-level carbon market cases to feds
Brazil’s Federal Public Prosecutor’s office (MPF) on Tuesday called upon state courts to decline three carbon project cases in favour of federal jurisdiction, in the name of addressing carbon markets questions of national consequence.
Read MoreARB unveils partnership to ramp up SAF availability in California
California has reached an agreement with an airlines trade organisation to scale the state’s sustainable aviation fuel (SAF) supply to 200 million gallons (757 million litres) by 2035, regulator ARB said Tuesday.
Read MoreBRIEFING: Transition carbon credits considered promising solution, but challenges remain
Experts outlined during a Wednesday webinar the potential for so-called “transition” carbon credits to facilitate the energy transition, but noted that challenges remain in the ongoing development of the nascent asset class.
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