Move driven by expectations of a newly elected Labour government adopting stricter approach to big polluters
US Treasury secretary calls on business to prioritise emissions cuts as voluntary markets draw fire
Also in today’s newsletter, four takeaways on the global state of carbon pricing
Subsidy scheme in Alberta allowed oil major’s plant to register carbon credits equivalent to twice the volume of CO? captured
With long-haul flights exempt from charges and carriers given free allowances, large share of flights not covered by system
Also in today’s newsletter, a new AI application focused on assessing climate risks
With the pandemic boom over, consumer medical start-ups now face fickle customers and a crowded market place
The EU’s carbon tariffs to combat climate change are snarled in complex bureaucracy
Also in today’s newsletter, the World Bank’s new plan to de-risk private sector investment
The emissions trading system is too clunky to deliver the required impetus to decarbonisation
Analysts fear inexpensive cost of polluting will deter investment in renewable energy
A crucial year for supply chain disclosures and carbon pricing schemes, while anti-ESG backlash evolves
Activists worry that a carve-out for agriculture will limit the scheme’s environmental value
Industry criticises ministers for implementing scheme on a slower timetable than EU
EU futures contracts drop below €66 per tonne in London after traders left unconvinced by wording of agreement
Dispute centred on measures Brussels saw as watering down UN’s proposed standards for trading system
Ministers waffling at COP summits would do better to create a cross-border trading scheme to provide those magic numbers
A more rigorous market would be a boon for developing countries — and the climate
Countries might soon be able to trade emission reductions with other governments, but experts warn the market is already being exploited in developing countries
UN says voluntary models cannot be substitute for emissions cuts by private sector
CFTC proposes standards for voluntary carbon credit derivatives
Kristalina Georgieva, Ursula von der Leyen and Ngozi Okonjo-Iweala say COP must deliver a robust benchmark for co-operation on international carbon markets
Without working carbon markets, the ability of climate-related companies to develop affordable technologies is at risk
Scheme involving Rwandan cookstoves is the first to receive compliance label
Whether through taxes or emissions trading, many deals globally have been politically controversial, though there is cause for optimism
