Archive

  • COP28: Carbon markets rue Article 6 negotiation 'failure'

    13 December 2023

    Carbon market participants lamented a "disappointing" lack of progress on agreeing a global carbon market mechanism, after last-ditch talks ended in "failure".

  • SBTi, CDP refute net-zero standards criticism

    08 February 2022

    The methodology in a report criticising net-zero standard setters has been called into question by the Science-Based Targets initiative (SBTi) and CDP.

  • Carbon credits will be 'junk' without corresponding adjustments

    18 November 2021

    Buyers in the carbon market will start discerning credit quality based on whether they follow the new "corresponding adjustments" rule agreed under Article 6 of the Paris Agreement at the COP26 Climate summit, S&P Global has predicted

  • UK commits to emissions trading scheme over carbon tax

    14 December 2020

    The UK government has opted to launch its own emissions trading scheme (ETS) next month, instead of a carbon tax, and has said it will be more ambitious than the EU-run scheme it will replace.

  • ICAO votes to lower baseline on airline carbon reduction scheme

    01 July 2020

    States in the UN-based International Civil Aviation Organisation (ICAO) have voted to lower the carbon emissions baseline of airline credits trading scheme Corsia, in response to the coronavirus pandemic.

  • Emissions trading schemes hit by coronavirus pandemic

    26 March 2020

    Emissions trading schemes (ETS) have been seriously impacted by the coronavirus epidemic, which has slashed demand for carbon credits, and raised the prospect that policymakers may have to intervene to shore up prices.

  • UK government hearing expresses doubt over carbon credits resolution

    13 March 2020

    Carbon market experts were gloomy about the prospects of resolving challenges to building a global market for offsets at the next UN climate talks.