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Long-Term Carbon Offsets Outlook 2023

3BL Media

Originally published on bloomberg.com A turbulent year hasn’t thrown off the long-term prospects for the carbon offset market, which could be valued at half a trillion dollars annually by 2050. Demand will rise into the billions of tons of carbon dioxide equivalent within the next decade as companies work toward net-zero goals.

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Amazon to buy bio jet fuel to lower air cargo emissions

GreenBiz

Amazon's plans to decarbonize its shipping supply chain isn't just focused on electrifying its delivery vans. Amazon has pledged to reach net-zero carbon emissions by 2040, and says it will make sure half of Amazon shipments are net-zero by 2030. Amazon to buy bio jet fuel to lower air cargo emissions. Katie Fehrenbacher.

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Macquarie Invests in Carbon Offset Consultancy EP Carbon

ESG Today

Macquarie Group’s Commodities and Global Markets division announced today an investment in carbon offset project-focused consultancy Ecological Carbon Offset Partners (EP Carbon), in a move aimed at supporting EP Carbon’s expansion and advancing Macquarie’s voluntary carbon offsets business.

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Aviation is plotting a sustainable course

GreenBiz

In the climate world, aviation is referred to as a hard-to-abate sector, alongside other heavy industries — shipping, aluminum, cement and concrete, among others — that aren’t easy to decarbonize through redesign or electrification. Shell is among the companies making significant bets on offsets, with trading operations on three continents.

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Carbon markets could help the planet, but only if Indigenous land rights are recognized

Corporate Knights

Many see carbon markets as key to channelling billions of dollars into reducing these emissions, while protecting forests and other carbon sinks, such as peatlands and wetlands, in developing countries. But the increased interest in carbon markets that operate across borders comes with a number of risks. Closing the gap.

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Can Shell help pilot a new era of sustainable aviation?

GreenBiz

Over the past year, I’ve been working with Royal Dutch Shell’s aviation division — a relatively small slice of the $344 billion (2019 revenue) energy behemoth — to develop a series of video interviews focusing on what it will take to make aviation sustainable. (I And that’s just for voluntary offsets. Fuels rush in.

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Compliance Carbon Markets Are the Secret Weapon Against Climate Change

3BL Media

This cap serves as a catalyst for decarbonization, so that regulated participants either strive to avoid purchasing additional allowances or ultimately pay increased prices for securing them. CCMs offer these voluntary decarbonizers a great deal of certainty. The VCM is a decentralized entity.