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- Alberta will invest C$5 million ($3.67 mln) from the province’s Technology Innovation and Emissions Reduction (TIER) programme to support a direct air capture (DAC) innovation and commercialisation centre, the provincial government announced Wednesday.
- Fri 00:41A US environmental group is suing the Trump administration for allegedly withholding the names of fossil fuel companies and other polluters seeking exemptions from Clean Air Act (CAA) regulations.
- Thu 23:55Building biofuels infrastructure and developing business-friendly policies will be critical for shippers to effectively meet draft International Maritime Organization (IMO) CO2 rules agreed earlier this year, panellists said Thursday at a conference.
- Thu 23:54Go green – Texas A&M Forest Service has awarded 18 municipalities, schools, and non-profits a combined $4 mln in grant funding through its Community Forest Grants programme this month, it announced Thursday. Three recipients secured some $1.2 mln in funding each to support tree planting efforts, while the remaining 15 received between $9,000 to $50,000.
- Thu 23:50Brazil is under greater pressure to show how it will address the inevitable gap in national climate goals once all countries submit their latest plans under the Paris Agreement, following a difficult 10 days of talks overshadowed by geopolitical tensions.
- Thu 23:48As the Brazilian government moves slowly to regulate its ETS, other Latin American countries are watching closely, with its success likely to serve as a reference point for the region, an expert told Carbon Pulse on the sidelines of a conference this week.
- Thu 23:29Tailpipe rule survives, for now – Republicans’ attempt to roll back the EPA’s tailpipe emissions rule hit a roadblock this week as the Senate continues tweaking the One Big Beautiful Bill. The reconciliation bill is undergoing the ‘Byrd Bath’ process, during which the Senate Parliamentarian determines which proposals are allowed to be in a reconciliation bill and which are not. Among the proposals kicked out of the bill was the elimination of the tailpipe emissions rule, according to E&E News.
- Thu 23:29An ecologically rich Brazilian state on Tuesday in London confirmed a $100 million investment deal with a multinational commodities trader to combat forest degradation.
- Thu 23:28New documentation from the Washington Department of Ecology (ECY) suggested the oversight body would consider continuing to issue free allowances for emissions intensive, trade-exposed (EITE) facilities beyond 2035, inching closer to the 2050 goalpost called for by participating industries.
- Thu 23:18
Biomass boost – California lawmakers advanced Senate Bill 88 on Tuesday, with the Assembly’s Appropriations Committee unanimously approving the measure. The bill would require state regulator ARB, the California Energy Commission, and the Department of Forestry and Fire Protection (CalFire) to track and quantify the air pollution caused by wildfires and open-air burning of forest and agricultural waste, in addition to promoting the use of clean biomass conversion.
- Thu 23:17
Moo-ving on – The Australian red meat industry has formally withdrawn its commitment to achieving carbon neutrality by 2030, citing the goal as unachievable under current conditions. The change, announced in an updated Red Meat 2030 strategy by the Red Meat Advisory Council (RMAC), followed six months of industry consultation. While abandoning the carbon neutral target, the industry is expected to continue to focus on reducing emissions intensity per kilogram of red meat and contributing to national net zero goals, according to RMAC. The revised strategy is now focused on existing work in low-methane genetics, soil carbon, and feed additives.
- Thu 23:16
Crude awakening – A new report by the International Institute for Sustainable Development (IISD), an independent climate policy think tank, and Canadian environmental advocacy organisation Environmental Defence said that up to 66% of projected capital investments in Canadian oil and gas projects from 2025-40 could become stranded under a 1.5C climate scenario. The analysis attributed the risk to declining global demand, increased competition, and market access issues, particularly given Canada's reliance on exports. The report recommended limiting new oil and gas development and coordinating global supply reductions to reduce stranded asset risks, protect public revenues, and stabilise the value of existing production.
- Thu 23:13Prettiest horse in the glue factory – The US House Natural Resources Committee has approved several bills regarding mining coal, mapping offshore resources and permitting undersea fibre cables, according to E&E News. The committee approved more than a dozen measures, at times sparking sharp disagreement over the hollow argument of clean US oil.Â
- Thu 23:12Green hydrogen pellets – Canadian, Indigenous-owned clean tech company HyVera Distributed Energy is launching on-demand hydrogen with US partner, EnviroGroup. Their co-developed hydrogen pellet, when combined with water, produces pure green hydrogen instantly, requiring no rare earth minerals, no external electricity, no heat input, and at minimal cost. The dry pellets are stable, lightweight, and safe for general freight shipping, enabling hydrogen production at the point of use without the need of cryogenic storage or other special requirements. HyVera said the generated hydrogen-on-demand is suitable for all applications, including power generation, transportation, industrial process, and compression for hydrogen fuel hubs. It has plans to build two initial pellet production facilities, in British Columbia and Nova Scotia.Â
- Thu 23:08
Primacy push – The US EPA has proposed granting Texas primacy for Class VI underground injection wells used for CO2 sequestration, excluding those on Tribal lands. The proposal, published in the Federal Register on June 17, would authorise the Railroad Commission of Texas to oversee permitting, compliance, and enforcement under the Safe Drinking Water Act. A public comment period is open through Aug. 1, with a virtual public hearing scheduled during that time.
- Thu 23:07
Catch and capitalise – CarbonQuest, a Washington-based distributed carbon capture technology provider, and New York-based clean energy infrastructure firm Daroga Power have launched their first carbon capture-as-a-service financing project in North America. The initial deployment, located at a beverage plant in Washington state, will see the installation of CarbonQuest’s modular capture system under a multi-year agreement that aims to enable commercial, industrial, and utility customers to reduce emissions without upfront costs. The project is owned and operated by C2Zero, a portfolio company of SER Capital Partners, which invests in sustainable industrial and environmental businesses.
- Thu 23:03Two Republican bills introduced in the US House this week seek to repeal major federal support mechanisms for clean energy development and motor vehicle emissions standards.
- Thu 22:53A large US environmental organisation has pulled more than $10 million in assets from a major financial institution following its exit from public climate commitments.
- Thu 22:34Developing countries are divided on the prospects of the EU counting international carbon credits towards its 2040 climate goals, and the potential consequences for their own ambitions.
- Thu 21:06Global carbon pricing systems delivered a mixed performance in 2024, with some compliance schemes rebounding while others slumped, even as energy-related emissions rose for the fourth straight year, a report showed Thursday.
- Public aid cuts are unlikely to create a serious contagion effect on private climate funding, an expert told an event in London on Thursday, but warned private finance is nevertheless curtailed by other concerns.
- Thu 17:46EU carbon prices came under pressure on Thursday amid volatility in gas as the front-month TTF options contract neared expiry, with EUAs falling to their lowest level for over three weeks, as the correlation with gas seemed to re-establish itself, while UK Allowances fell to their lowest in nearly two months.
- Thu 17:34The president of Cyprus has called for delaying or cancelling the bloc's emission trading system for heating and road transport fuels (ETS2), due to start in 2027, raising the stakes at a Brussels summit on Thursday bringing together the 27 EU heads of state and governments.
- Thu 17:07The European Union should move swiftly to integrate permanent carbon removals (CDRs) into its flagship Emissions Trading System (EU ETS), a think tank has recommended – but only in a phased, tightly governed approach to ensure environmental integrity and market stability.
- Thu 16:51Proportion matters - The CEO of this year's COP30 summit in Brazil has said countries should not rely too much on using carbon credits to meet their climate goals, Reuters reported. Ana Toni, CEO of this year's UN climate summit said Brazil does not directly oppose the use of credits in countries' targets, but said relying on them to meet too large a chunk would dissuade a country from transitioning its own economy. The European Commission is set to propose a new 2040 climate target on July 2, with a goal to curb emissions by 90%, but faced with some pushback is mulling a lower target for domestic industries, and buying international carbon credits to make up the gap to 90%. Germany has proposed using credits to meet 3 percentage points of the 90% goal, while others like France propose a bigger share, though some including Denmark and Finland say credits are not needed at all.
- Don't believe the hype – Carbon removal technologies like direct air capture (DAC) are being oversold despite limited scalability and climate impact, potentially undermining urgent decarbonisation efforts, according to climate scientist James Kerry. Writing in Swissinfo, he argued that DAC has sequestered just 10,000 tonnes of CO2 to date – equal to nine seconds of annual global emissions – and warned that industry hype risks deterring emissions cuts. The ties between DAC developers and fossil fuel firms risk distorting climate policy priorities, Kerry also said.
- Untapped opportunity - There is an 'enormous, untapped' opportunity in carbon credits, said Standard Chartered CEO Bill Winters, speaking to Bloomberg. Financial markets are underestimating the business case for such credits, given companies' rising need to offset their CO2 footprints, he said. The bank has previously backed carbon market development - including helping to create the Taskforce on Scaling Voluntary Carbon Markets back in 2020.
- Thu 15:57Where will the ££ go? - The UK's new state-owned energy company Great British Energy will spend £1 bln on grants, CEO Dan McGrail told Bloomberg on Thursday. The money accounts for about 17% of the £5.8 bln allocated by the government to get the firm moving on its mission to help the UK reach climate goals and bring down energy bills. GB Energy has already said it will spend hundreds of millions of grants on rooftop solar and offshore wind, and McGrail also mentioned interest in other tech including floating offshore wind, long-duration energy storage, and carbon capture and storage. GB Energy was established to own and run clean energy assets and is set to publish a long-term strategy this autumn.
- Building transparent supply chains that support smaller suppliers and improve access to usable emissions data will be critical to driving real-economy decarbonisation, speakers told an industry event in London this week.
- Thu 15:39Open for feedback - Removals registry Isometric has released a draft of its module 'Enhanced Weathering in Closed Engineered Systems' for public consultation. The module details requirements and procedures for the durable storage of CO2 via enhanced weathering carried out in closed, engineered systems, where temperature and pressure can be directly controlled, influencing the rate of reaction. CO2 removed from the atmosphere via a range of CDR technologies can be used under the module, including direct air capture, biogenic carbon capture and storage, and direct ocean capture, the announcement said.
- Battery financing - Swedish battery supplier Echandia has raised additional finance from S2G Investments, bringing its latest funding round to SEK 325 mln ($34 mln). Echandia plans to use the capital to expand production capacity of its battery systems for maritime applications, support its new facility in Washington State, and further its research into battery performance and durability. It has seen increased demand for its lithium titanate oxide battery systems designed for heavy-duty marine environments amid stricter global emissions regulations. (Arctic Startup)
- Thu 15:18A new durable carbon removal (CDR) methodology plans to credit transforming sunlight into stone, it was announced at London Climate Week.
- Thu 15:16Risky cable - The UK government said it would no longer consider supporting the £24-bln project to bring renewable energy from Morocco via undersea cables, according to a letter from developer Xlinks that expressed its surprise and disappointment in the decision. Developer Xlinks had wanted the government to provide a contract for difference to ensure a fixed price on the power brought to the UK. Such backing would have helped reach financial investment decision on the project intended to provide power enough for 7 mln British homes. The project would have helped stabilise British power supply, reduced power sector CO2 emissions by c.10% in its first year, and cut wholesale electricity prices by over 9% in its first year, Xlinks said in the letter. Companies including TotalEnergies and Octopus Energy had already backed the venture.
- Thu 15:08Credit indexes - Project quality and credibility are increasingly driving carbon credit prices, according to MSCI Carbon Markets' 13 new carbon credit price indexes. The MSCI Global ARR Index hit a record $21.3/tCO2e in June 2025, while the MSCI Global Energy Efficiency Carbon Credit Price Index (strongly influenced by cookstove credits) has halved in price since 2022. Â The MSCI Global Renewable Energy Carbon Credit Price Index has also seen a price decrease, with just six out of the around 2,000 renewable energy projects rated by MSCI carbon project ratings scoring BBB or higher, compared to half of nature restoration projects, as of this month.
- The Science Based Target initiative (SBTi) is on course to permit the extended use of "high-integrity" carbon credits as part of an updated version of its Corporate Net-Zero Standard, with a new proposed update due to be presented in a matter of months, confirmed the organisation's CEO David Kennedy, during an event in London on Thursday.
- European supermarkets could face rising compliance costs and miss emissions targets unless they accelerate the phaseout of hydrofluorocarbon (HFC) refrigerants, which account for the bulk of their operational CO2 emissions, a UK-based non-profit said in a report on Tuesday.
- Thu 14:16The Asia Zero Emission Community (AZEC) initiative promised decarbonisation across Asia, but experts warn its gas-heavy focus risks locking Southeast Asian nations into costly and volatile fossil fuel pathways.
- Thu 14:09The Global Reporting Initiative (GRI) has released two newly revised standards on climate and energy that companies can use to disclose on topics including emissions reductions, greenhouse gas removals, and carbon credits.
- Thu 13:50Methane satellites - South Korean aerospace company Nara Space is developing NarSha, a methane-dedicated nanosatellite constellation, that can provide global coverage and detect emissions as small as 100 kg/hour, according to an article published by the World Economic Forum. The precision makes it possible to detect methane plumes, and to attribute emissions to specific sources, from remote energy fields to dense urban areas. This can enable faster policy responses, targeted mitigation strategies, and enforcement grounded in variable evidence.
- Thu 13:19The emerging regulations and standards around biochar in Australia will help it avoid being associated with less environmentally friendly technologies and expand end users and uptake, experts told a conference on Thursday.
- Thu 13:05Article 6, intended to enhance climate ambition through international cooperation via carbon credit trading, is at risk of becoming a loophole that enables countries to delay domestic mitigation instead of increasing it, according to a new report from a non-profit.
- Thu 13:02Rainbow rebrand - ICROA-endorsed carbon standard Riverse has rebranded as Rainbow, it announced on LinkedIn. The company has so far validated over 60 projects and issued more than 270,000 carbon credits, ranging from solutions such as bio-based construction materials to enhanced rock weathering. Its journey so far has involved partnering with companies including BNP Paribas, Patch, EcoAct, Removall Carbon, Klimate, and Ceezer.
- The UK should strengthen its lobbying rules in parallel with requiring financial firms and companies to disclose climate transition plans – as heavy advocacy preceded recent rollbacks on decarbonisation policies, an NGO said in a report published Thursday.
- Thu 12:09A climate fund has selected the winners of a carbon removal (CDR) financing competition after whittling down huge field of 280 applications to just 18 successful startups.
- Thu 12:07France is pressing for a separation between the EU’s upcoming 2040 climate target and its 2035 Nationally Determined Contribution (NDC) to the Paris Agreement, in a move that critics say risks lowering the bloc’s climate ambitions.
- Thu 11:26Singapore’s Ministry of Sustainability and the Environment (MSE) has issued a public warning about a scam exploiting official government logos to lure individuals into signing up for a fraudulent cryptocurrency-based carbon credit trading scheme.
- Thu 11:24Indonesian province Riau is exploring cooperation with ART TREES on carbon credit calculations, as officials met during London Climate Action Week to discuss emissions reduction strategies, according to national news agency Antara.
- Thu 11:09New South Wales confirmed Thursday the state is on track to miss its near term GHG emissions reduction target in a formal response to a recent Net Zero Commission report, and will establish a strategy and give more power to its environmental authority in order to meet its legislated climate goals.
- Thu 10:54Renewables roll-out – The German government has adopted new legislation to speed up the approval of renewable energy projects. The draft law shortens, simplifies, and from Nov. 21, 2025 digitalises approval procedures – while maintaining appropriate assessment of environmental concerns, said the German environment and climate ministry. It introduces a one-stop-shop approach for approvals, and deadlines to complete approval procedures from one month to two years, depending on the type of project. The law transposes the EU’s latest renewable energy directive (REDIII), agreed in 2023, into national law. It is due to be passed by the German Parliament after the summer recess. REDIII sets a goal for at least 42.5% renewables in gross final energy consumption in the EU in 2030. Germany aims to source 80% of its electricity from renewables by then.
- Thu 10:34Local action - More than 13,700 cities and regions are planning and delivering climate strategies that support the Paris Agreement, working through the Global Covenant of Mayors for Climate and Energy and the Under2 Coalition, according to a report looking at local action over the past decade. Commitments from a group of cities in the 75 countries that support the Coalition for High Ambition Multilevel Partnership (CHAMP) would be able to close 37% of the gap between current NDCs and a Paris-aligned emissions reduction trajectory. Local action is accelerating the rollout of clean transport, nature-based solutions, and waste management, among others.
- Thu 10:32Car CO2 – The average CO2 emissions of Belgium’s company car fleet have dropped by a third, to 66.57 g/km from 100.3 g/km, since tax rules were changed two years ago to encourage electric vehicles. Ten years ago, emissions were 121.24 g/km. The emissions cuts are due mainly to the rise of hybrid and electric vehicles. Almost 30% of Belgian company cars are now electric and almost a quarter hybrid, reported HR expert Acerta Consult. It analysed 6,700 employers responsible for over 50,000 company cars. As emissions have come down, the average value of the cars has gone up, with the average car worth €45,000 today vs 31,000 ten years ago. (Fleet.be)
- Thu 10:27Over-crediting risk and lack of policy guidance are among the issues weighing on South Korean investors' interest in exploring international emissions reduction projects, an event heard this week.
- Thu 10:24Norway has outlined a target to reduce greenhouse gas emissions by at least 70-75% by 2035 compared to 1990 levels in its latest Nationally Determined Contribution (NDC) to the Paris Agreement, also hinting at potential Article 6 use.
- Thu 10:00A range of new carbon pricing and border leakage systems being introduced around the world could create trade frictions and raise compliance costs for businesses if they are not efficiently linked together, according to a report from a trade body.
- A Canadian green tech company has successfully raised C$5 million ($3.5 mln) in shares to finance the sale of its hydrogen-on-demand device for diesel engines, following an offer launched back in February.
- Thu 09:34Three China-based banks have signed letters of intent to support an initiative aimed at scaling up investments in nature infrastructure, conservation, and nature-based solutions in the country.
- Verra is seeking views on its plans to allow project developers to manage their risks with insurance, and to widen its list of countries eligible for renewable energy projects – as part of a new consultation on its updated carbon standard, the organisation’s CEO said in an interview.Â
- Thu 08:08Two small Australian companies are hoping to generate carbon credits and sell them on the voluntary market by reducing diesel use at mine sites to avoid greenhouse gas emissions.
- Thu 07:50Edge of space - A startup building airships that float at twice the altitude of air traffic to help monitor GHG emissions and beam internet to the ground has secured $15 mln from Japan's Softbank. The "lighter than air" high-altitude platform stations occupy a unique observational sweet spot between aircraft and satellites, and are now gathering real time data about methane emissions from oil and gas producers in New Mexico, the company's home state. The new funding will help Sceye demonstrate one of its stratospheric platforms in Japan to offer broadband.
- Thu 05:33A carbon market policy expert has warned that the New Zealand government may not be able to claim its ETS is aligned with its Paris Agreement goals for much longer if it continues to stall on buying overseas credits.
- Thu 01:55Stop the spike – Republican lawmakers in California on Monday urged Governor Gavin Newsom (D) to suspend the imminent increase in gasoline excise tax as well as regulations that raise fuel prices, referring to the state’s Low Carbon Fuel Standard (LCFS). The excise tax is set to increase to 61.2 cents/gal from 59.6 cents on July 1, which the legislators said would impose additional financial burdens on California residents. Retail gas prices in the Golden State averaged $4.64 on Wednesday, some $1.41 higher than the national average, according to AAA.
