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Coal-to-gas switching in Asia difficult to prove, Woodside CEO says
Woodside Energy CEO Meg O’Neill has acknowledged it is difficult to prove that its cargoes of its LNG are displacing coal-fired power plants in Asia, despite it being a key talking point to justify the company’s growth strategy for years. Read MoreTop
Environmental markets non-profit names new head
A leading environmental markets advocacy group has named a new director. Read MoreTop
Asian financial firms staying the course on climate, but report pushes for greater ambition
A growing number of institutional investors in Asia are integrating climate into their processes, but the speed and scale are still lagging what is needed to limit global warming to the levels that have the greatest net economic benefit to the region, according to a report published Thursday. Read MoreTop
High network tariffs threaten Europe’s decarbonisation
High network tariffs – and projections of further increases still – are making businesses uncompetitive and disincentivising the electrification Europe depends on for net zero, said electricity and industry groups on Wednesday. Read MoreTop
UK-EU link could help business, carbon price volatility -report
Linking the UK and EU emissions trading systems could benefit British businesses and help with price stability in the UK ETS, said a report on Thursday. Read MoreTop
Gas-fired power generators pushing CCS additions as electricity demand surges -experts
As AI growth and data centres continue fuelling demand for electricity, baseload power providers are prioritising speed for getting new generation capacity online while planning for carbon capture and sequestration (CCS) additions years down the road, market experts said Wednesday during the UT Energy Week conference. Read MoreTop
North American Clean Fuels Markets: Evolving regulatory, political landscape drives credit price shifts
California’s Low Carbon Fuel Standard (LCFS) credit values decreased heading into April amid regulatory silence while Washington’s Clean Fuel Standard (WCFS) units rose to year-to-date highs supported by progress on a legislative effort to strengthen the scheme, as recent political developments continued to weigh on North American clean fuels markets. Read MoreTop
ECS25: EU’s "fantastic" CRCF at risk of over-regulation, warns project developer
The EU’s Carbon Removal and Carbon Farming (CRCF) regulation is a major opportunity to create a market for carbon removals big enough to attract investors, but overly prescriptive rules risk causing fragmentation before it even begins, according to a project developer. Read MoreTop
ECS25: Major EU airline warns Brussels needs "reality check" over flagship Fit for 55 climate package
A large European airline has warned Brussels it should reconsider the impact of its flagship Fit for 55 climate package due to wishful thinking around the cost of sustainable aviation fuel in the legislation, a conference heard Wednesday. Read MoreTop
ECS25: Urgency to implement CBAM keeps growing as 2026 start date looms
Complexity continues to challenge the implementation of the EU's Carbon Border Adjustment Mechanism (CBAM), but any delay to the carbon leakage mechanism would be counterproductive to its environmental and economic aims, a conference heard on Wednesday. Read MoreTop
Drax received higher UK renewables subsidies in 2024, mostly for biomass -report
UK power company Drax earned its second-highest level of public subsidies for biomass generation last year through the country's renewable support scheme, according to an analysis published on Thursday. Read MoreTop
Germany moves to cancel EU ETS allowances linked to 2022 coal plant closures
Germany's Federal Cabinet this week adopted a formal communication to the European Commission seeking the cancellation of EU ETS allowances linked to the closure of two coal-fired power plants in 2022, in a bid to ensure that the phaseout delivers genuine climate benefits. Read MoreTop
ECS25: Carbon compliance market adoption accelerating around world amid impact of EU's CBAM
The adoption of carbon compliance markets is accelerating around the world amid the impact of the EU's Carbon Border Adjustment Mechanism (CBAM), despite the US rolling back on climate policies after the election of President Donald Trump, a conference heard Wednesday. Read MoreTop
Canada could lead data centre development by balancing natural gas and CCS, experts say
Canada is positioned to be a leader in data centre development because of the country’s low-carbon energy sources, carbon capture and storage (CCS) opportunities, and regulatory frameworks, experts said on a webinar Wednesday. Read MoreTop
