carbon trading
Researchers claim it could curb emissions and protect those most in need
This week’s Net Hero Podcast focusses on the power of blockchain and how it can help us in growing the carbon marketplace
The online trading platform has been developed by Puro.earth for offsetting credits to help companies slash emissions
They signed an agreement at the 20th Summit between the two regions in Beijing today
It provides a boost to the Paris climate agreement, which aims to limit global average temperature increase to well below 2°C
High level officials from 26 national and subnational governments have pledged to strengthen action on climate change through renewed co-operation on carbon markets. That includes EU Member States, Mexico, Republic of Korea, California and Tokyo. A three-day meeting in Lisbon last week, organised by the International Carbon Action Partnership (ICAP), brought together key policymakers to […]
Global co-operation on carbon trading could reduce the costs of climate change mitigation by 32% by 2030. That’s according to a new report by the World Bank which adds the figure could rise to more than 50% by 2050. It shows increased international carbon trading could enable large-scale emission reductions at much lower costs based on […]
South Korea opened its new emissions trading system today, with firms able to buy and sell credits on the Korea Exchange (KRX). Said to be the second largest carbon trading scheme in the world, it is meant to cut the country’s greenhouse gas emissions by 30% by 2020 (compared to a business as usual baseline). […]
The price of allowances for carbon emissions in the EU dipped yesterday after hitting a five month high on Tuesday. Large energy users in Europe including airlines which touch down in the EU must buy credits if they emit more carbon than their set limit. Carbon permits reached €6.50 on Tuesday, leading analysts at price […]
Analysts predict the EU’s target to boost energy efficiency could weaken the EU emissions trading system. Yesterday the European Commission set out a framework to cut energy use by 30% by 2030. The Point Carbon team at Thomson Reuters reckons carbon prices could fall as a result. Marcus Ferdinand, Head of EU Carbon Analysis says: […]