New ETF offers high exposure to hydrogen economy
Asset manager VanEck on Wednesday launched a new ETF focused on companies that generate at least 50% of their revenues from hydrogen projects or have the potential to do so.
Read MoreEJ groups castigate Washington cap-and-trade bill, as House offers $15 carbon tax on fuels
Environmental justice (EJ) organisations on Tuesday argued Washington lawmakers’ plans to implement a WCI-modelled carbon market will not address frontline communities’ concerns about exacerbating local pollution and giving a pass to emitters, while the House Democratic caucus proposed a rising carbon fee as part of a multi-billion transportation funding package.
Read MoreUK-based service offers to convert carbon offsets into EU Allowances (spoiler: it’s not possible)
A new service is offering to “reformat” carbon offsets into more valuable EU Allowances – a conversion that isn’t actually possible based on the European carbon market’s existing rules.
Read MoreQueensland govt fund offers A$93 mln to 21 carbon offset projects
The Queensland state government in Australia has offered A$93 million ($68.7 mln) to 21 carbon offset project applicants under the first investment round of its Land Restoration Fund, Premier Annastacia Palaszczuk said Tuesday.
Read MoreVerra offers proposal for tagging Paris-eligible carbon credits
Offset standard developer and manager Verra has released a public consultation regarding how to identify VCS credits that will be eligible for trade under the Paris Agreement, becoming the latest organisation to seek a differentiation based on whether or not host countries make corresponding adjustments to their emissions inventories.
Read MoreTianjin auction offers cheap lifeline for emitters, quick profit for investors
China’s Tianjin has set the price floor for the market’s annual CO2 allowance auction on Wednesday, offering emitters and investors a shot at securing permits at as much as 25% below the secondary market.
Read MoreCOMMENT: ICAO’s carbon market report offers valuable lessons for Article 6 talks
A report by experts recommending carbon credits for the ICAO’s CORSIA international aviation mechanism provides valuable lessons for the Article 6 negotiations. Even in the absence of an Article 6 agreement at COP26, countries which want to use global carbon markets should heed these lessons.
Read MoreLiberal minority government offers hope for Canadian climate policy, carbon pricing to stay the course
Canadian Prime Minister Justin Trudeau’s Liberals lost their parliamentary majority in Monday’s federal election but still exceeded many pollsters’ expectations, as a stronger showing by left-leaning parties could pressure a deeper commitment to climate ambition and stave off the oil and gas-centred demands of the resurgent Conservatives.
Read MoreGCF eyes further €10 billion after agreeing process to refill coffers
The Green Climate Fund (GCF) struck a deal late last week on how to refill its coffers, smoothing the path for the UN’s main climate finance instrument to continue channelling cash to poorer nations.
Read MoreAustralian developer offers cash prize for soil carbon projects
Project developer AgriProve is offering a cash prize to farmers who come up with high quality soil carbon projects as part of a A$150 million ($102 mln) budget to help drive new sector activity in the Australian carbon market.
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