CommTrade

Note copyright - reproduction of any data or images on this site cannot be used without the permission of Jarden
© Jarden Securities Limited 2024

Huge gap in carbon removal efforts needed to meet Paris targets, researchers warn

There is a significant gap in the CO2 removal efforts needed to meet the temperature goals of the Paris Agreement, according to researchers.

New Jersey lawmaker introduces cap-and-trade bill to regulate state’s non-power emissions

A New Jersey legislator introduced a bill this week that would direct the state’s Department of Environmental Protection (DEP) to implement a cap-and-trade programme to cover most greenhouse gas emissions not regulated under RGGI.

Researchers caution Alaska on reputational risks of offset project regulations

A US non-profit research group has outlined criteria to avoid reputational risks in drafting regulations regarding offset projects on state lands, in comments submitted to the Alaska Department of Natural Resources (DNR).

Policy moves to soon drive CCAs to new heights, while RGAs overvalued -analysts

Policy developments seen emerging in the coming months will lift California Carbon Allowance (CCA) prices to a new record high above $45, analysts predicted this week, while they considered RGGI Allowances (RGA) overvalued at current levels.

Brazilian development bank signs forest concessions agreement, pledges to support state carbon markets

Brazil's national development bank on Friday signed a deal on concessions for restoration and sustainable forestry projects on almost 73,000 hectares of deforested land, while also agreeing to support two states in their efforts to scale their own carbon markets.

Senior lawmakers introduce legislation to create carbon market in Brazil’s Parana

Two legislators in Parana this week introduced a bill that would establish a regulated carbon market in the southern Brazil state.