First carbon credit scheme for early coal plant closures unveiled
Proponents hope carbon markets can offer new funding for costly transition from coal to renewables. But concerns have been raised over the risk of low-integrity credits
Carbon markets
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Carbon credit auditors suspended for failures in sham rice-farming offsets
Verra has taken unprecedented action against four certification bodies that overlooked integrity problems with the projects. But the worthless credits still need to be compensated
Indigenous land disputes cloud Kenya’s carbon market ambitions
Two of Kenya’s biggest carbon credit projects are mired in controversy, clouding the country’s hopes of raising climate finance from the offset market
Will Indonesia’s new carbon market be a climate solution or a game for big players?
As palm oil and timber companies gear up to profit from carbon trading, the government must ensure transparency and a fair deal for Indigenous communities
Most cookstove carbon credits ruled out of quality scheme in integrity push
The Integrity Council for the Voluntary Carbon Market has rejected widely used rulebooks for cleaner cooking, which will require projects to switch to more rigorous methods
Shell dodges paying compensation for sham carbon credits in China
The energy giant exited the failed projects after Verra asked for redress, but a legal expert says Shell should be held responsible
How Shell greenwashed gas with sham Chinese carbon credits
Exclusive: Shell used rice-farming offsets for “carbon neutral” LNG campaign – but farmers and local authorities said no project activities took place
The climate solution no-one in Davos will be talking about
Economists say a global carbon tax would efficiently shift the world to safer energy production. So why is it barely mentioned?
China to launch nationwide carbon market next week: officials
The emissions trading scheme will initially cover only the power sector, not heavy industry as planned, but will nonetheless become the biggest in the world
Polish coal cash grab attacked by UK, France, Germany
No support for coal, say several EU nations, as Poland asks for billions generated through emissions trading scheme for its ageing plants
Forest diamonds
How family rivalry and the Catholic church helped miners devastate an indigenous Amazon territory
Calling China’s carbon market ‘ambitious’ shows how low the bar has fallen
China is planning the world’s biggest carbon market, but with little detail given for its design, praise for the scheme is premature
Bangladesh backtracks on carbon tax proposal ahead of election year
Mooted climate policy was dropped from the budget announced on Thursday, as energy and transport lobbies complained it would raise living costs
German coal plants burn on as EU carbon price stagnates
EU emissions trading data show €5 a tonne of carbon dioxide is not enough to drive dirty brown coal off the system
Weekly wrap: China to snub EU over ETS?
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China floats split with EU over carbon trading
EXCLUSIVE: Government official tells Climate Home that carbon trading is “big challenge” for China: “We would like to use a different kind of economic instrument”
Market shrugs as EU lawmakers pass carbon trading reforms
Carbon prices stayed steady at €5 a tonne in response to package filled with concessions to big polluters
Top US Republicans pitch $40 carbon tax to Trump
GOP veterans say carbon dividend could put money in pockets of 70% of poorest in US while significantly cutting greenhouse gas pollution
BP’s energy outlook: reality check or PR bullshit?
Energy companies predict a dangerous climate future of high oil demand, but they persistently underestimate clean energy
Global 2C warming limit not feasible, warns top economist
With “extreme policy measures”, a 2.5C limit is in reach, according to latest climate model from William Nordhaus
EU member states split on carbon market ambition
Spain, Italy and Eastern European countries resisted reforms to boost the flagging carbon price at a ministerial meeting on Monday
EU to cancel 1bn pollution permits in market reforms
Latest tweak to flagship climate policy will send a bullish signal to the market, say analysts, but a surplus of carbon allowances remains
G20 panel tells energy giants to come clean on climate risks
Voluntary rules for climate disclosure will force companies to evaluate role and strategy in a carbon-constrained world, say experts
Fuzzy data poses problems for China carbon market
Running an efficient carbon trading scheme is reliant on the supply of full and accurate data, which is often lacking in China’s secretive industrial sectors, warn analysts
EU cement giants net €5bn carbon market windfall
Sector is profiting from free pollution permits, says watchdog, calling on EU lawmakers to reform the flagship climate policy
UK to keep carbon price steady through Brexit
Polluters will continue to pay a minimum carbon price of £18 a tonne to 2020, says chancellor in Autumn Statement
China prepares for world’s biggest carbon market
As Donald Trump’s victory plunges US climate action into uncertainty, China is going ahead with an ambitious policy
New Zealand uses pine forests, creative accounting to dodge carbon cuts
Proposed forestry accounting changes would allow New Zealand to claim credits without cutting emissions, NGO claims
New Zealand ratifies climate deal amid accounting fraud claims
Climate change minister claims historic gesture puts New Zealand at the top climate table. But questions remain over use of carbon credits
Canada to set national carbon tax from 2018 – Trudeau
Prime minister Justin Trudeau told parliament carbon pricing was the way to green Canada’s economy and meet climate targets
Latin America sees surge in carbon pricing interest
Grupa Televisa, Petrobras and Banco Santander Brasil are among the major South American companies waking up to carbon risk, survey shows