Climate collaboration, EV tax credit concerns to feature in ‘Three Amigos’...
The North American Leaders’ Summit (NALS) this week is set to feature several climate-related discussions, with US President Joe Biden’s administration clinging to the last remaining green provisions...
View ArticleANALYSIS: Glasgow could be a ‘game-changer’ for fossil fuel subsidies
Language on fossil fuel subsidy reform in the decision of the COP26 UN climate conference was dismissed by some as another empty promise, but others believe it could pave the way for drastic cuts in...
View ArticleCanada’s Trudeau touts carbon tax, CBAM ahead of Three Amigos Summit
Prime Minister Justin Trudeau has promoted Canada’s approach to carbon pricing including a potential carbon border adjustment mechanism (CBAM) during his trip to Washington DC, ahead of the Three...
View ArticleClean energy largely absent from US House reconciliation package, ‘Three...
US Democrats’ $1.9 trillion Build Back Better (BBB) package passed the House of Representatives Friday, but the budget legislation excluded clean power programmes that were also noticeably absent from...
View ArticleANALYSIS: REDD faces longer road to Paris era crediting after Glasgow talks...
Efforts to develop REDD+ forest protection carbon credits in the Paris Agreement era risk a long road ahead, as divisive views marked the Glasgow COP26 climate summit.
View ArticleSeveral nations baulk at 2050 net zero shipping goal as IMO talks resume
Several countries attempted to block efforts to raise the shipping sector’s emissions target to a 2050 net zero goal on Monday, as week-long talks begin at the UN’s International Maritime Organization...
View ArticleANALYSIS: US-led release of oil reserves defies carbon pricing push
The US-led release of millions of barrels of oil from strategic reserves by major consumer nations this week goes in the opposite direction to what climate experts say will help shift the world off...
View ArticleIMO climate talks slog along with another blockade to climate action, this...
Climate progress under the UN’s International Maritime Organisation (IMO) faced another roadblock Thursday, as a handful of countries moved to block a resolution to reduce black carbon emissions in the...
View ArticleCampaigners cheer small victory for Arctic at UN’s shipping climate talks
A voluntary measure to reduce shipping's black carbon emissions in the Arctic was adopted at the UN's International Maritime Organisation (IMO) negotiations on Friday, a move welcomed by green groups...
View ArticleEU lawmakers seek changes to CO2 border measures that could ease impact on US...
The European Parliament's cross-party trade committee is seeking changes to the EU's proposed Carbon Border Adjustment Mechanism (CBAM) that could substantially lower costs faced by US emitters,...
View ArticleUncertain legal nature of voluntary carbon credits holding back market...
The fast-growing market for voluntary carbon credits would be bolstered by the further development of derivatives trading, but several key legal issues including the uncertain legal nature of offsets...
View ArticleIndustry, experts call for major changes to EU’s CBAM border proposal
The EU's proposed carbon border adjustment mechanism (CBAM) needs fundamental design changes, including adding export rebates, a testing period, and extended coverage to scope 2 emissions, a conference...
View ArticleWTO boss touts global carbon price cooperation with other international agencies
The director general of the World Trade Organization (WTO) on Wednesday reiterated her assertion for developing a global price on carbon, noting burgeoning collaboration on the issue with other...
View ArticleCalifornia offset issuances plumb 6.5-mth low as credits in circulation drop
California regulator ARB this week distributed the fewest number of new compliance offsets since April, as the number of credits in circulation plummeted as the agency accounted for cap-and-trade...
View ArticleWorld Bank to shed light on gap to net zero-aligned carbon prices
The World Bank is exploring an approach that would provide more clarity on the current state of global carbon prices compared to levels needed to drive emissions to net zero, highlighting the...
View ArticleFEATURE: Plugging the EU leak – all eyes on upstream natural gas emissions
Natural gas, touted by some as a gateway fuel to decarbonisation, has increasingly come under fire in the EU for emissions associated with its full production cycle, where the bloc's cap-and-trade...
View ArticleCalifornia offset issuances end year 60% down over 2020 levels
California regulator ARB handed out its final batch of compliance offsets in 2021 this week, with the annual issuance total marking the lowest in seven years as the state's cap-and-trade programme...
View ArticleForest carbon projects are most effective in 50 countries -OECD
Forest carbon project developers should better target their activities to areas that can have the most positive climate impact, according to an OECD report that ranks the best countries for offset...
View ArticleCarbon offset project development ripe for market consolidation -report
Deals struck in 2021 between carbon offset project developers and large financiers highlight the potential for voluntary carbon market supply consolidation, a trend that also risks leaving hundreds of...
View ArticleNatural capital specialist nabs key UN Article 6 legal expert amid rapid...
Natural capital specialist Climate Asset Management has hired a veteran international carbon market expert as its aim to deploy $1.6 billion of investments worldwide gathers pace.
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