Saturday, 18 January 2025

Focus on Emissions Markets

FILE PHOTO: Charmin toilet paper, a brand owned by Procter & Gamble, is seen for sale in a store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew Kelly/File Photo
ClimateCourtsEmissions MarketsNews

Procter & Gamble accused of ‘greenwashing’ in Charmin toilet paper, lawsuit says

Procter & Gamble faces lawsuit over alleged greenwashing in Charmin toilet paper sourcing from Canada's boreal forest.

EmissionsEmissions MarketsNews

Indonesia plans to offer carbon credit certificates to foreign buyers next week

Indonesia to launch carbon credits for global buyers on Jan. 20, aiming to boost funds for 2050 net-zero targets.

Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, looks on as he sits near his son Cole, on the day he testifies during a Senate Committee on Finance confirmation hearing on Capitol Hill in Washington, U.S., January 16, 2025. REUTERS/Kevin Lamarque
EmissionsEmissions MarketsNews

Bessent: Carbon tariffs could be part of an overall tariff program

"It’s a very interesting idea that could be part of an entire tariff program," Bessent told the Senate Finance Commmittee,

FILE PHOTO: A Nissan logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsEmissions MarketsNewsRegulationsVoluntary Carbon Markets (VCMs)

Nissan open to pooling on CO2 to avoid fines in Europe

Nissan considers pooling with carmakers to meet EU CO2 targets, exploring short-term options amid regulatory shifts.

Shell’s liquefied natural gas production dropped in the final quarter of last year (Yui Mok/PA)
BusinessClimateEmissionsEmissions MarketsEnvironmentLiquefied Natural GasNatural GasNewsOilVoluntary Carbon Markets (VCMs)

Shell warns of £1bn cash hit from emissions certificates payments

The energy major said on Wednesday that the charge is “related to timing of payments of emissions certificates” in Germany and the US.

Mombak biologist Severino Ribeiro says the project's aim is to 'simulate nature' (AFP)
AnalysisBiodiversityClimateClimate FinanceEmissionsEmissions MarketsEnvironmentIndigenousRegulationsTradeVoluntary Carbon Markets (VCMs)

In Brazil, an Amazon reforestation project seeks to redeem carbon markets

By planting native species in the Amazon, Brazilian company Mombak hopes to restore credibility to a scandal-ridden carbon market.

AnalysisEconomyEmissionsEmissions MarketsLegislationOpinionPoliticsRegulations

The carbon tax needs fixing, not axing — Canada needs a progressive carbon tax

Current carbon taxes fail to change behaviors effectively, but a progressive tax targeting high emitters could ensure fairness and boost public support.

The Competition Bureau has released draft guidlines that aim to clarify expectations around new greenwashing rules. Steam spills out of smoke stacks at a building in Toronto, Friday, Feb. 18, 2005. THE CANADIAN PRESS/Adrian Wyld
BusinessClimateEconomyEmissionsEmissions MarketsEnvironmentNewsPoliticsRegulationsVoluntary Carbon Markets (VCMs)

Competition Bureau clarifies expectations around Canada’s new greenwashing rules

The Competition Bureau has released draft guidelines that aim to clarify expectations around new greenwashing rules.

An employee of a wastewater treatment plant on the island of Psyttalia, Greece December 2, 2020. Picture taken December 2, 2020. REUTERS/Stelios Misinas/ File Photo
BusinessCarbon ManagementClimateEconomyEmissionsEmissions MarketsEnvironmentNewsPoliticsResiliencyVoluntary Carbon Markets (VCMs)

Climate tech firms get $80 million to pull carbon from paper mills, sewage plant

Google, H&M, and Stripe will buy $80M in carbon credits from firms using tech to capture emissions from paper mills and sewage plants.

AnalysisBusinessEmissionsEmissions MarketsOpinionPoliticsUnited NationsVoluntary Carbon Markets (VCMs)

Opinion: A new global carbon trading market could be held hostage by speculators

Speculators may exploit the new global carbon market, threatening its ability to drive meaningful emission reductions.

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