Market Updates
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© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Japan opens carbon credit opportunity for Indian green projects
Indian developers of green projects may gain revenue opportunities by transferring mitigation outcomes to Japanese buyers under Article 6.2 of the Paris Agreement. India has bilateral arrangements with Japan and South Korea and is discussing cooperation with Singapore, Switzerland and Sweden. Fourteen eligible activity categories include renewable energy storage, offshore wind, green hydrogen and ammonia, compressed biogas, sustainable aviation fuel, clean cooking, CCUS and technologies for hard-to-abate industries. Japan operates the Joint Crediting Mechanism, with methodologies, procedures and registry arrangements, and aims to secure 100 million tonnes of cumulative reductions and removals by 2030. Japanese credit prices are estimated at $11–$27 per tonne. These opportunities are separate from India’s domestic compliance carbon market, which currently covers 490 industrial units across seven sectors. Singapore could provide an outlet because companies may use eligible international credits against part of their carbon tax liability, although transaction prices will depend on negotiations.
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#India #Japan #Article62 #JCM #CarbonCredits #ITMO #ClimateFinance #GreenHydrogen #CompressedBiogas
Turkey Sets Up Carbon Market To Capture Revenue From EU Trade
Türkiye has established an emissions trading system to create a domestic carbon market and retain carbon-related revenue that might otherwise be collected by the European Union through CBAM. The regulation establishes rules for emissions monitoring, reporting and verification and domestic market governance. Because eligible carbon prices paid in the country of production can reduce an importer’s CBAM liability, Turkish producers may pay more of their carbon costs domestically, although the ETS will not automatically eliminate CBAM charges. The TR ETS will operate a pilot phase during 2026 and 2027, followed by its first implementation period from 2028 to 2035. Covered installations will require five-year emissions permits and be classified into three categories based on emissions. Revenue from allowance sales, permits, market stability operations, authorized international credits and certain fines will support the Climate Change Directorate. The system uses product benchmarks and emissions intensity, with free allocation planned for industries.
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#Türkiye #Turkey #EmissionsTrading #TRETS #EUCBAM
UK sets out schemes eligible for CBAM price relief
The UK has published a non-exhaustive list of carbon pricing schemes that may support Carbon Price Relief under its CBAM from 1 January 2027. Recognised systems include emissions trading schemes, carbon taxes in Chile, Serbia, Singapore and South Africa, Australia’s Safeguard Mechanism, Canada’s federal OBPS, India’s CCTS and Taiwan’s carbon fee. Recognition does not automatically exempt imports or credit the scheme’s headline price. Importers must calculate and verify the effective carbon price borne by the producing installation, accounting for covered emissions, free allowances, thresholds, removals, rebates and compensation. That effective price is applied only to embodied emissions covered by the qualifying scheme, converted into sterling and deducted from UK CBAM liability. The government will assess and add further schemes later.
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#UKCBAM #CarbonPriceRelief #CarbonTax #TaiwanCarbonFee #HMRC
Coalition Moves to Halt Labor’s Carbon Land Grab Plan
Australia’s Coalition plans to introduce legislation preventing the Clean Energy Finance Corporation from financing agricultural land acquisitions intended for tree planting and carbon offsets. It also proposes abolishing Labor’s net-zero laws and what it calls carbon taxes. The announcement follows a A$142 million investment in Tasmania’s 21,745-hectare Rushy Lagoon property, including A$69 million from the CEFC. Around 9,000 hectares may become pine plantations. Coalition leaders argue taxpayer-backed carbon investment could displace farming, weaken food security and inflate land prices. However, project proponents describe the land as marginal and say the project will combine commercial forestry, conservation, ecological restoration and sustainable grazing, while producing timber, jobs and Australian Carbon Credit Units. The proposal remains an opposition legislative initiative, not government policy.
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#Australia #CarbonPolicy #ACCU #CEFC #CarbonFarming #Afforestation #RushyLagoon #FoodSecurity #AgriculturalLand
ExxonMobil Among Buyers Hit By German Carbon Credit Revocations
German authorities have revoked carbon credits from 30 China-based upstream emissions reduction projects after investigations questioned whether the claimed reductions were delivered. The projects represented 2.1 million tonnes of CO2 reductions, equivalent to the emissions of roughly 500,000 cars. ExxonMobil was among the affected buyers: one project financed through its Belgian entity claimed nearly 96,000 tonnes, with credits valued at €4.2 million. A German Environment Agency report identified 45 suspicious projects, naming consultancy Beijing Karbon as the principal developer and alleging that deception created the appearance of legitimate projects. Three European auditing firms—TÜV Rheinland, Müller-BBM Cert and Verico SCE—had verified some of the questioned activities. Credits from the projects were sold in at least nine European countries. Companies holding revoked units must cover the resulting compliance shortfalls. Investigations remain ongoing: information concerning 24 invalidated projects was redacted, while revocation decisions for six projects are final.
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#Germany #China #ExxonMobil #CarbonCredits #CarbonMarketIntegrity #UER #ComplianceRisk
Viet Nam approves carbon credit pact with Singapore under Paris Agreement
The Vietnamese Government has issued Resolution 235/NQ-CP approving its carbon credit Implementation Agreement with Singapore under Article 6 of the Paris Agreement. Signed in September 2025, the agreement establishes a legally binding bilateral framework for international carbon credit cooperation. It is intended to enable Vietnamese organizations and businesses to develop greenhouse gas mitigation projects, generate credits meeting international standards, and transfer recognized mitigation outcomes to Singapore. Viet Nam’s Ministry of Foreign Affairs has been assigned to complete the external approval procedures and notify the agreement’s entry into force in accordance with applicable rules. Details concerning project approval procedures and the methodologies eligible under the bilateral framework have not yet been released and are expected to be announced subsequently.
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#Vietnam #Singapore #Article6 #CarbonCredits #CarbonMarket #BilateralAgreement
Germany Moves to Stabilize Carbon Prices Through 2027
Germany’s Cabinet has approved draft amendments to the Fuel Emissions Trading Act that would retain the carbon price corridor at €55–€65 per tonne in 2027, matching the 2026 range. The change responds to the postponement of the EU ETS 2 for buildings and road transport until 2028 and would prevent Germany’s national price from becoming linked to the volatile EU ETS 1 price next year. The bill still requires parliamentary approval. BDEW welcomed changes reducing the maximum auction bid share from 50% to 20% and tightening allowance banking rules, including preventing 2026 allowances from meeting 2027 obligations. However, the association called for further revisions to top-up pricing and auction design, warning that the proposal may not deliver its price-stability objective.
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#Germany #BEHG #CarbonPricing #NationalETS #EUETS2
Trump Administration Reverses Carbon Offset Regulations, CRS Says
A Congressional Research Service report examines the rapid expansion of voluntary carbon offsets as the Trump Administration reduces related federal oversight. The CFTC withdrew its guidance for voluntary carbon credit derivatives in September 2025, arguing that it did not improve transparency or liquidity, while the SEC has proposed rescinding its 2024 climate disclosure rules. The report highlights the policy trade-off between addressing offset quality and integrity concerns and avoiding unintended regulatory consequences. The voluntary carbon market has grown five-fold over the past decade, with the United States ranking second globally in credits issued by project location. U.S. issuance is dominated by chemical processes, waste management, and forestry and land use, while questions concerning additionality and actual climate benefits remain unresolved.
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#UnitedStates #CRS #CFTC #SEC #VoluntaryCarbonMarket
Kenya Sets Carbon Credit Limit On Exports, Expert Wary Of Guidelines
Kenya has capped carbon-credit exports at 10 million tonnes of CO₂ equivalent through 2030, equivalent to 1.67 million tonnes annually, to prevent overselling Article 6 credits and protect progress toward its own NDC. The framework will revise the three-stage No-Objection, Approval and Authorization process and initially prioritize renewable energy, transport and waste projects. Forest and other land-use activities remain excluded until stronger baselines and monitoring systems are established. While the government says the policy will improve predictability and attract investment, industry experts are seeking clearer rules on eligible projects, voluntary versus compliance-market allocation, quota distribution and government authorizations. Past delays in issuing authorization letters have reportedly created serious financial risks for project developers.
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#Kenya #Article6 #CarbonCredits #CorrespondingAdjustment #NDC #CarbonPolicy #Africa
International Credits In The EU ETS: How The 2026 Review Bets On Flexibility And What It Means For CDR At Home And Abroad
The European Commission’s 2026 EU ETS review proposes central procurement of 250 million tonnes of permanent EU carbon removals between 2031 and 2040, funded by auctioning additional allowances. It also anticipates purchasing up to 260 million high-integrity international credits during 2036–2040, supporting an 85% domestic reduction while meeting the EU’s 90% net reduction target. These credits would be purchased centrally rather than surrendered directly by regulated companies. Domestic eligibility initially focuses on DACCS and BioCCS, while requirements for international credits, including whether a comparable like-for-like principle will apply, remain unresolved. A 2033 report will assess international credit availability, integrity and cost-effectiveness; if conditions are not met, no credits will be purchased and the ETS cap will tighten accordingly. Carbon Gap warns that international credits may not be cheaper than domestic abatement and recommends equivalent safeguards if domestic removal procurement underdelivers.
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#EUETS #CarbonRemoval #CDR #DACCS #BioCCS #Article6 #2040ClimateTarget