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China’s Carbon Emissions Might Have Peaked, Study Says

China’s Carbon Emissions Might Have Peaked, Study Says

China’s carbon dioxide emissions peaked in 2013 and have decreased year-on-year since then, a new study in Nature Geoscience concluded. The research team found that the decline is likely to be sustained if emerging industrial and energy system transitions in the country continue.

Ben & Jerry’s Demos Blockchain-Based Carbon Footprint System

Ben & Jerry’s Demos Blockchain-Based Carbon Footprint System

Ben & Jerry’s is piloting a blockchain-based retail platform that connects consumers to their carbon footprints. Starting this month, customers at the newly opened scoop shop in Wardour Street, London, can use the Poseidon Foundation’s platform to support forestry conservation.

Top 10 Carbon Market Predictions for 2015

Carbon markets will see an increased focus on post-2020 market this year, according to The Climate Trust, which lists its top 10 carbon market predictions for 2015. The nonprofit also predicts allowance and offset demand will increase in 2015, the California Air Resources Board will add new protocols for agriculture … Read more »

Beijing Emissions Drop in Carbon Market’s First Year

Beijing’s carbon trading program cut helped cut CO2 emissions 4.5 percent in 2013 compared to the previous year, Reuters reports. The Chinese government did not say how many metric tons of CO2 were emitted or how many carbon permits were issued. Beijing’s market, which began in November, allows high-emitting companies … Read more »

Quebec, California Look to Expand Carbon Market

In an effort to expand the carbon market they established last year, leaders in Quebec and California are actively looking to recruit other parts of Canada and the US to join, according to Bloomberg. Quebec is discussing a regional market with the governors of New England states and leaders in … Read more »

First Agricultural GHG Offsets Issued

The first agricultural greenhouse gas emissions offsets have been issued to a Michigan farmer for voluntarily reducing nitrous oxide (N2O) emissions by curbing the amount of nitrogen-based fertilizer used to grow corn, according to the Electric Power Research Institute (EPRI). EPRI, in partnership with Michigan State University, developed the validation … Read more »

California Carbon Prices ‘Will Remain Low’

California carbon prices will remain low through 2020 due to excess permits, which will limit the revenue the state will raise through its carbon auctions, Reuters reports. California carbon market partner Quebec saw 12 percent lower than anticipated carbon prices, according to analysts at Thomson Reuters Point Carbon. This means … Read more »

California capitol

CA Carbon Market ‘Well-Constructed, Strong’

The first year of California’s cap-and-trade program for greenhouse gas pollution shows the carbon market is well-constructed and strong while the state’s economy continues to improve, according to analysis by Environmental Defense Fund. California Carbon Market Watch: A Comprehensive Analysis of the Golden State’s Cap-and-Trade Program, Year One, analyzes data … Read more »

Carbon Market Value to Climb 15% in 2014

Global carbon markets’ value will rise 15 percent this year to 46 billion euros ($63 billion), Bloomberg New Energy Finance forecasts. The analysts attribute the increase to the European Union’s plan to postpone sales of emissions permits. This may boost European carbon prices to 7.5 euros ($10) a metric ton … Read more »

Global Carbon Market Prices Drops 38% in 2013

Global carbon markets’ value dropped 38 percent to 38.4 billion euros ($52.9 billion) in 2013, according to analysts at Thomson Reuters Point Carbon. Reuters reports prices dropped in the main European Union and United Nations carbon markets. The news agency says, according to analysts, the value of carbon permits and … Read more »

UNFCCC Warsaw

Carbon Market Hopes Dashed in Warsaw

UN talks on setting up new carbon markets, and creating global standards for such markets, have been postponed until June 2014. The development at the UN climate conference in Warsaw dashes hopes in one of the few areas where delegates expected progress. Developing nations attending the 19th conference of the UN … Read more »

Policy & Enforcement Briefing: Carbon Markets, EPA Budget, Efficiency Bill

The California Air Resources Board and the Australian Clean Energy Regulator signed a memorandum of understanding to develop complementary market-based programs. The agreement establishes a framework for a working relationship and establishes information-sharing between the two agencies. The UN Food and Agriculture Organization is urging developing countries to ban monocrotophos, a toxic pesticide linked to the deaths of … Read more »

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