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CARBON OFFSET AGREEMENTS
Amazon signs $30 million deal to buy carbon credits from Indian rice farmersAmazon has signed a $30 million (around ₹280 crore) agreement with the Good Rice Alliance, backed by Bayer, Temasek’s GenZero and Shell, to...- CAFE-III to kick in from April 2027; Govt unlikely to extend implementation date: OfficialNew fuel efficiency rules for car makers will take effect from April 1 next year. The government is not planning to extend the deadline for...
- Fuel prices aren’t airlines’ only headacheGlobal aviation industry is grappling with geopolitical tensions, rising fuel costs and uncertainty over the Carbon Offsetting and Reductio...
- Carbon tax remains intact in India-EU FTA; technical talks to address concerns: German officialIndia and the European Union will hold technical discussions on the EU's Carbon Border Adjustment Mechanism. The mechanism will not have ex...
- Google deal for Amazon reforestation makes Brazilian startup its top carbon credit supplierGoogle is investing in Amazon rainforest restoration through a major deal with Brazilian startup Mombak. This initiative aims to offset car...
- ET at COP29: After 9 years of debate, global carbon trading deal finalisedA resolution emerged following nine years of negotiations, after talks broke down in Dubai last year. International carbon trading-which re...
- COP29 climate summit: Global carbon market set to be reality soonThe COP29 climate summit in Baku saw a significant development as negotiators agreed on rules for a UN-administered global carbon market. T...
- Microsoft seals carbon capture deal with OccidentalTech giant Microsoft on Tuesday inked a record carbon capture agreement with Occidental Petroleum subsidiary 1PointFive, as major technolog...
- Nations must go further than current Paris pledges or face global warmingThe latest Emissions Gap Report from the UN Environment Programme (UNEP) reveals that current pledges under the Paris Agreement are insuffi...
- Global carbon credits market expected to touch USD 250 billion-mark by 2030, says expertThe market for carbon credits took a hit due to multiple reasons, including Russia-Ukraine war, interest rate hikes, and reduced demand lea...
- COP27: Talks on carbon market rules off to slow startCarbon offsets allow countries or companies to pay others to cut greenhouse gas emissions to offset their own. While companies are already ...
- Voluntary carbon market: Indian project developers in a sweet spotThis trend in the global carbon market follows a clearly noticeable acceleration in climate commitment following the Paris Agreement, reach...
- COP and carbon trading: Can this time be different?Companies want clarity on rules as they map out how to implement their net-zero strategies. The chances of a deal had been looking up in re...
- The toughest of tasks at UN climate talks: Article 6 on CO2 marketsLatest U.N. data shows 143 countries, accounting for around 57% of global emissions, have submitted new or updated emissions cut plans ahea...
- Global voluntary carbon market must grow 15 fold to meet Paris goals: ReportMany global companies such as oil majors Shell and BP, and e-commerce giant Amazon have pledged to reach net-zero emissions but will need t...
- Capping aviation emissions will affect sector's growth: GovtGovernment said it has opposed capping of aviation emissions at 2020 level as such a mechanism would adversely affect the growth of the sec...
- Govt keeps aviation out of climate dealThe ICAO Assembly is expected to adopt the first-ever GMBM by any industry sector covering CO2 emissions from international activity .
- Consensus likely on limiting carbon emissions: IATAGlobal airlines body International Air Transport Association (IATA) has expressed confidence that a consensus will be reached on limiting t...
- Confident that states will reach consensus on limiting carbon emissions: IATAAt the 38th Session of ICAO Assembly in September 2013, a decision was taken to develop a GMBM scheme to limit CO2 emissions in the aviatio...
- Delhi set to join carbon trading businessWith global warming causing concerns across the globe, the city government has decided to tap commercial opportunities arising from climate...
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