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News round-up: US ditches ESG pension fund rules, Axa drops Rwe, Xpansiv launches nature-based carbon offset contracts

Xpansiv to launch nature-based carbon emissions offsets

ICAO under pressure to 'improve' rules on aviation's carbon market

Transport & Environment (T&E), a European NGO, is urging national governments to demand "an improvement in the environmental effectiveness" of the aviation industry's forthcoming carbon market.

MEPs support for EU ETS could treble carbon price

Members of the European Parliament (MEPs) have agreed to strengthen the EU Emissions Trading Scheme (ETS) in a move which one analyst said has the potential to triple allowance price forecasts for 2020.

90 steps forward, two steps back

With the flagship markets of the EU and California in difficulties, advocates of carbon trading are pinning their hopes on a slew of new markets, particularly China and Canada. Graham Cooper reports

EF BRIEFS: IATA, DKB, Singapore Stock Exchange, Suzuki, TerraForm

The International Air Transport Association (IATA) is urging governments to introduce a single global carbon offset mechanism to help tackle aviation emissions.

Industry and NGOs lobby airlines to use REDD+ carbon offsets

Airlines have been urged to use emission reduction credits generated by forestry protection projects, in two new papers from the Climate Markets & Investment Association and a group of NGOs.

Aviation emission allowances: prepared for take-off

Carbon is well and truly back on the agenda for the aviation sector in 2015. Airlines should prepare for the risk that the price of emission allowances could lift significantly in coming years, argue Louis Redshaw and Julien Dufour.