COP28 needs to deliver clarity on Article 6
With 100 days to go until COP28, the conference needs to nail down the technicalities of Article 6, if the carbon markets are to be used to help meet national emissions reduction targets, writes Genevieve Redgrave
EU carbon price hits record high
Carbon allowance prices under the EU Emissions Trading System (ETS) increased by over 10% to a new record high last week, peaking at more than €99 ($99.70).
Cryptocurrency snaps up 2% of VCU carbon offset supply
A climate-focussed cryptocurrency has bought at least 2% of the global supply of one of the main types of carbon offset in recent weeks, in a move that has helped drive up prices, Environmental Finance understands.
WCI Carbon Market Update, 20 April 2020
California Carbon Allowance prices are likely to remain close to their current levels in the short term, in the absence of further selling by the financial sector, says Nicolas Girod*.
WCI Carbon Market Update, 14 April 2020
Selling pressure from financial sector participants in the WCI market appears to be slowing, says Nicolas Girod*.
WCI Carbon Market Update, 30 March 2020
California Carbon Allowances staged a sharp recovery last week after dramatic, COVID-19 related losses in the previous week, but the May auction may see unsold allowances, warns Nicolas Girod*.
WCI Carbon Market Update, 24 February 2020
The clearing price in last week's auction will be key to how CCA prices evolve this week, says Nicolas Girod*
WCI Carbon Market Update, 4 November 2019
The reaction of financial sector players to President Trump's legal challenge to the WCI market could determine the next move in allowance prices, says Nicolas Girod*
WCI Carbon Market Update, 21 October 2019
WCI prices edge higher ahead of compliance deadline, notes Nicolas Girod*
WCI Carbon Market Update, 14 October 2019
The activity of financial sector participants remains critical to the future direction of the California Carbon Allowance price, says Nicolas Girod*