Carbon Market
New UN carbon market standards are a step change in protecting people and planet
Rules finalised at COP29 will make sure carbon credits enable more ambitious climate goals while delivering benefits to local communities
Paraguay’s carbon deal with Singapore beset by lobbying, lax rules
UN rules governing bilateral carbon offsetting between governments have yet to be agreed but deals are being done, raising concerns about integrity
Slow start for Indonesia’s much-hyped carbon market
Since President Widodo launched Indonesia’s exchange two months ago, there’s been barely any trading of carbon credits
World Bank backs carbon credit blockchain registry to attract crypto investors
The World Bank wants to direct the NFT craze towards projects that cut emissions and improve the transparency of carbon offset markets
Delay to climate talks deepens uncertainty over future of carbon markets
Project developers in poor countries are struggling to attract finance, as deadlock on international carbon trading rules cannot be resolved before November 2021
Emerging economies should embrace carbon pricing – report
NEWS: Greenhouse gas taxes and markets work and must extend to the developing world, says New Climate Economy report
UN carbon market fights for its future at Lima talks
NEWS: Clean Development Mechanism is “in crisis” after EU decision, says chair Hugh Sealy, but can be salvaged under a new carbon market architecture
Call for carbon market reform to reverse EU coal comeback
NEWS: Polluting coal plants will stay open unless policymakers act, say campaigners
China expects to launch national carbon market in 2018
NEWS: Launch of Chinese national carbon market would galvanise global climate action
Global carbon market to rise 15% in value in 2014
Cost of EU carbon allowances will rise by 50% on 2013 levels as global health of scheme improves, says a Bloomberg report
Nine US states call for Obama to back national carbon market
Regional Greenhouse Gas Initiative members say cap and trade is cost-effective and efficient way of addressing climate change
World’s carbon markets now cover 20% of emissions
China and Mexico latest to bring trading schemes online as countries eye greenhouse gas reductions
Comment: IPCC will show Australia that physics trumps politics
IPCC won’t turn Abbott into an environmentalist, but its impact will endure beyond the Coalition, says Erwin Jackson of Australia’s Climate Institute
European Parliament passes carbon market reforms
So-called backloading proposals to fix flagging carbon market passed after months of debate
EU carbon market to ‘cancel out’ 700m tonnes of CO2 cuts
Excess credits after 2020 will allow extra emissions to undo GHG savings from other EU policies, warns campaign group Sandbag
Revised EU carbon market fix passes first hurdle
Amended plans that will boost price of emitting CO2 now move to parliament for the second time
China’s first carbon market faces ‘credit oversupply’ dilemma
Analysts warn Shenzhen scheme could face similar oversupply of credits as faltering EU system
Comment: why it’s time for a global price on carbon
Writing for RTCC, former Japanese climate Ambassador Yoshi Nishimura says a global carbon market could curb warming & raise funds for the low carbon transition
IRENA: carbon markets cannot support renewables alone
International Renewable Energy Agency says there’s no need to rely on carbon trading with countries using other incentives enjoying success
EU carbon market reform unlikely – report
Thomson Reuters Point Carbon revises its carbon price estimates and assumes that there will be no short term fix for Europe’s struggling cap and trade system