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Peak emissions from oil now due in 2027, IEA says
Carbon emissions from the global oil market will peak in 2027, earlier than peak demand, as the petrochemical sector becomes the dominant source of growth, according to the International Energy Agency (IEA). Read MoreTop
Australia’s sustainable finance taxonomy backs carbon credits, biochar in green investment push
Australia on Tuesday launched a sustainable finance taxonomy, establishing a classification system designed to channel private capital towards green investments, notably agricultural decarbonisation measures such as biochar application and carbon credit generation. Read MoreTop
Airline greenwashing persists despite regulatory crackdown, consumer group says
Two years after a sweeping complaint against European airlines for misleading environmental claims, consumer advocates say greenwashing remains widespread in the aviation sector, despite regulatory pressure, national court rulings, and some changes to airline marketing practices. Read MoreTop
Australian climate fund closes after latest investments tip it past A$50-mln target
An Australian climate fund has reached its first close, boosted by two new investments totalling A$30 million ($19.6 mln). Read MoreTop
Australia's renewable agency funds gas-fired iron smelter
The Australian Renewable Energy Agency (ARENA) has granted almost A$20 million ($13.05 mln) to the developers of NeoSmelt, a new and cleaner iron-making process set for pilot launch in 2028 in Perth. Read MoreTop
PREVIEW: Brazil’s Amazon oil auction sparks debate over credibility ahead of COP30
Brazil is set to auction 172 oil and gas exploration blocks on Tuesday, including 68 in the Amazon region, triggering internal tensions between the country's energy and environment ministries and raising questions over its energy transition credentials less than five months before it hosts the UN’s COP30 summit. Read MoreTop
Washington proposes SAF, book-and-claim changes to Clean Fuel Standard
Washington regulators released draft changes on Monday to the state’s Clean Fuel Standard (WCFS) programme, supporting the expansion of the production of sustainable aviation fuel (SAF) in the state. Read MoreTop
Carbon removal provider, tech firm enter into agreement worth millions
A global tech company and a carbon removal (CDR) provider have entered into a “multi-million-euro” partnership to remove 37,000 tonnes of CO2 by 2034. Read MoreTop
SB62: First day of Bonn talks derailed by fight over border carbon fees
Climate negotiations have yet to formally begin in Bonn, after talks on the first day were held up by an agenda fight that hinged on unilateral border carbon fees, observers told Carbon Pulse on Monday evening. Read MoreTop
FEATURE: EU should look to Canada's carbon pricing struggles for lessons in how to ease ETS2 launch
The rise and fall of Canada’s carbon charge and rebate to households provides lessons learned for EU policymakers in advance of a similar carbon market for heating and transport fuels, policy experts tell Carbon Pulse. Read MoreTop
Saudi VCM company to deliver 30 mln carbon credits to utilities firm by 2030
Saudi Arabia’s state-backed voluntary carbon market company has announced a deal with an energy and water provider in the country to facilitate the delivery of over 30 million credits by 2030. Read MoreTop
VCM Report: Carbon credit prices bounce back as June retirements pick up pace
Voluntary carbon credit prices generally bounced back last week to recover losses over May and early June, and a large volume of cookstoves retirements boosted levels. Read MoreTop
UPDATE - SB62: Sweden strikes Article 6 deal with Kenya
Sweden struck its fourth Article 6 emissions trading agreement on Monday with Kenya, as the EU country says it is carefully scrutinising national Paris Agreement commitments from developing countries to ensure that such deals result in strong additional emission reductions. Read MoreTop
RGGI Market: RGAs grind nearly 5% higher as summer season arrives
RGGI Allowance (RGA) prices rose just under 5% last week amid anticipation of stronger demand driven by summer weather forecasts as well as tight supply, traders said. Read MoreTop
