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TOP STORY
ASEAN’s data centre boom threatens to derail energy transition goals -report
A surge in data centres across Southeast Asia, which are notorious for driving up electricity demand, could lead to a ballooning of power sector emissions by 2030, unless governments fast-track solar and wind deployment and enforce energy efficiency measures, think tank Ember has warned.
*NEW* DAILY NEWS TICKER
CP Daily News Ticker: 26 May 2025
Introducing the CP Daily News Ticker, a running list of all our news updated in real-time throughout the day. This is also the new home of our ‘Bite-sized updates from around the world’, which previously featured at the bottom of our CP Daily newsletter.
ASIA PACIFIC
NZ government moves to tighten ETS oversight
New Zealand’s government has announced changes to the governance of the country’s emissions trading scheme in a bid to reduce the risk of market misconduct.
Australia grants A$4.4 mln to explore electrification options at alumina refinery
The federal government has committed A$4.4 million ($2.8 mln) in grant funding to a Safeguard-covered alumina refinery in Western Australia to investigate electrification options, it announced Tuesday.
Make international SAF eligible in Australia’s Safeguard Mechanism, aviation giants argue
Australian airlines should be allowed to count sustainable aviation fuel (SAF) used or produced outside the nation to meet their decarbonisation goals under the Safeguard Mechanism, a paper argued Monday.
Australian developer earns first carbon credits for biomass burial project
An Australian developer has earned its first carbon removal credits for burying biomass, with 586 CO2 Removal Certificates (CORCs) issued for its facility under the Puro.earth standard.
Japanese ro-ro shipping firms launch GHG emissions methodology
A group of roll-on/roll-off (ro-ro) shipping operators on Monday launched a standardised methodology for calculating greenhouse gas (GHG) emissions intensity, in a bid to support decarbonisation efforts across supply chains.
Australia urged to introduce green iron production tax credit to simulate carbon price -report
Australia has a A$400-billion ($260 bln) green iron export opportunity, but would need measures that simulate an international carbon price in order to realise it, according to a think tank report published Monday.
Head of origination at APAC carbon credit provider to leave firm
A carbon credit provider has announced its head of origination and former CEO will resign as of June 5.
EMEA
EU business investors voice support for 90% emissions reduction target by 2040
A group of business and investor leaders have written to the European Commission urging it to adopt a 90% emission reduction target for 2040.
INTERVIEW: EU lawmaker pushes streamlined climate reporting rules for large and mid-sized companies
As the European Parliament prepares to discuss a reform of the EU’s Corporate Sustainability Reporting Directive (CSRD), one lawmaker has put forward amendments that would cement the obligation on companies to publish ‘climate transition plans’ while streamlining reporting requirement across other pieces of EU legislation to avoid double reporting.
Dubai-based developer partners with clean cooking firm to deploy 1.2 mln digitally monitored stoves across Africa
A Dubai-headquartered project developer announced Monday it has partnered with a Nairobi-based clean cooking company to distribute 1.2 million digitally monitored biomass and electric cookstoves across four African countries.
EU must widen CBAM scope for it to be effective, says think tank
To ensure it works effectively, the EU’s Carbon Border Adjustment Mechanism (CBAM) needs to be extended to other sectors such as chemicals, as well as across the supply chain of the goods that are currently in the scheme, according to a non-profit think tank.
Southeast European CCUS deployment could cut industrial emissions 25% by 2050 -report
Deploying carbon capture, utilisation, and storage (CCUS) across key industrial sectors in Bulgaria, Croatia, Greece, and Romania could reduce the region’s industrial CO2 emissions by up to 25% by mid-century, according to new analysis by Dutch-based researchers.
Euro Markets: EUAs rebound for 2% gain as US tariff headlines continue to dictate market
European carbon prices on Monday reclaimed all their losses from the end of last week after the US announced over the weekend it would postpone proposed tariffs on the EU for another month, while energy markets, as well as a tight auction schedule, also fed in support with analysts generally expecting a bullish week.
Soil carbon startup exits offsets business, citing systemic misfit with regenerative agriculture
A European soil carbon startup has announced its withdrawal from carbon credit markets, citing structural incompatibility between current market frameworks and regenerative agriculture practices.
AMERICAS
US sustainability platform launches open-source emissions database
A sustainability platform has launched a new open-source database containing emissions data, which it claims covers 95% of global GDP.
New York clean fuels startup unveils fossil-free gasoline technology
A New York-based clean fuels startup recently unveiled its modular direct air capture (DAC) technology, which produces liquid gasoline from air, water, and renewable electricity.
Shipping low-emission LNG overseas could negate Canada’s total CO2 output -study
Canada could negate almost its entire annual emissions by boosting LNG production and shipping it to Asia, according to a new study.
Dormant Peruvian REDD+ ‘carbon bank’ bill heads to plenary
A Peruvian bill that would establish a state-mediated ‘carbon bank’ has finally broken out of committee and can be debated in the national congress – but it might struggle to score a slot on the legislative agenda, according to local sources.
Colombia ups funding for local environmental authorities, restoration goals for 2026
Colombia’s Ministry of Environment has doubled funding for local environmental authorities and the restoration of an additional 100,000 hectares of degraded land by next year in response to increased deforestation in key protected areas.
VOLUNTARY
VCM Report: Drop off in carbon credit retirements reflects wider market malaise
Low credit issuance and retirements last week reflected a subdued voluntary market that continues to be stifled by the lack of available Core Carbon Principles (CCP)-tagged credits, as well as few signs of a reaction to the expected shortage of eligible Phase 1 CORSIA supply in the coming years.
Cercarbono opens consultation on carbon crediting methodology for end-of-life vehicle recycling
Colombia-based environmental standard Cercarbono has launched a public consultation on a carbon credit methodology tailored to the recycling of materials from end-of-life vehicles (ELVs).
BIODIVERSITY (FREE TO READ)
All our nature and biodiversity articles remain free to read (no subscription required). However, we now require that all readers have a Carbon Pulse login to access this content in full. To get a login, sign up for a free trial of our news. If you’ve already had a trial, then you already have a login.
Guyana to host global summit eyeing expansion of biodiversity markets
A Guyana-led coalition of countries will gather in July in a bid to advance efforts to tackle the ongoing biodiversity crisis, with the development of a global market for biodiversity credits among its priorities.
EU mulls regulation, public funding to back nature markets
The European Commission is considering regulatory measures and public funding to support the uptake of nature credits across the EU, as well as introducing certain carbon credit methodologies with a biodiversity dimension, according to a leaked draft version of its roadmap for developing and scaling the market.
TNFD adopters say collecting data from suppliers proving a challenge
Gathering traceability data from suppliers has emerged as a challenge for companies that have adopted the Taskforce for Nature-related Financial Disclosures (TNFD) guidance.
COMMENT
Is the state of Germany’s land use sector a deal breaker for climate neutrality?
The climate targets in Germany’s land use sector (LULUCF) appear to be out of reach. However, abandoning targets for nature-based CO2 sinks would be equal to abandoning its climate neutrality goal, warns Milan Loose, who works as Policy Advisor on Negative Emissions at Bellona Deutschland.
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EVENTS
Carbon Removal Investment Summit: June 3, London – cCarbon is hosting this exclusive, one-day conference with the goal of accelerating carbon removals through a data and modelling-driven discussion. It will bring together a distinguished group of investors, capital providers, carbon removal buyers, leading developers, and other key stakeholders to unlock investment and create partnering opportunities. An invite-only investors’ conclave will take place during the summit to explore pathways for unlocking and chanelling capital into carbon removals. Attendees will have the opportunity to participate in high-impact sessions to discuss the business case for nature- and technology-based removals. cCarbon will unveil a data-driven benchmarking tool designed to assess carbon removal providers based on key factors like feasibility, scalability, and maturity. Register here
Eurelectric Power Summit: June 3-4, Brussels – Rising cybersecurity threats, procurement issues, and escalating geopolitical tensions are testing the resilience of Europe’s energy sector. Transport, big tech, and industry are raising new demands: from lower electricity prices and more competitive contracts for industrials to exponentially higher electricity demand from data centres and AI. Meanwhile, the energy price crisis caused the average energy consumer to be increasingly sceptical of the power sector and Europe’s energy transition. Join the most influential policymakers and industry leaders in Europe at Eurelectric’s Power Summit to make sense of these megatrends. Register here
Climate Action for People and Nature (Gold Standard): June 5-6, Paris – Join climate leaders, policy makers, innovators, and corporate trailblazers committed to bridging the gap to net zero. This two-day event offers practical insights and tools to help your organisation navigate evolving climate targets, carbon markets, environmental attribute certificates (EACs), and other impact-driven mechanisms. Don’t miss the chance to network, learn, and lead credible climate action that drives real impact for both people and planet. Purchase your ticket today
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Job listings this week
- Commercial Manager, Carbon Credits, Rivit Search – London
- Carbon Project Sourcing Intern, Ceezer – Berlin, Germany
- Data Analyst, Carbonfuture – Freiburg, Germany / Remote
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BITE-SIZED UPDATES FROM AROUND THE WORLD
Our bite-sized updates no longer appear in the CP Daily newsletter, and have been relocated to the new CP Daily News Ticker launched on the Carbon Pulse website. The Ticker will act as a ‘live blog’, featuring all Carbon Pulse news published that day, appearing in real time. A link to the Ticker will appear in our daily newsletters (see above). For now, the Daily News Ticker remains free to read for Carbon Pulse non-subscribers, but it will soon be migrated to paid access only.
**NOTICE: To mark Carbon Pulse’s 10-year anniversary and to better serve our subscribers with more targeted content, we are expanding and segmenting our news and intelligence into three specialised products. Read our FAQs to help you understand and prepare for our new offering.**
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