CP Daily News Ticker: 4-6 July 2025

Published 01:01 on July 4, 2025 / Last updated at 01:01 on July 4, 2025 / Daily News Ticker

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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 to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
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  • Fri 23:54
    A method of removing pollution from rivers was found to boost the population of an aquatic microorganism that uptakes CO2, according to research published by Asia-based scientists.
  • Fri 23:29
    BioCarbon Standard, the Colombia-based nature certification standard, published this week methodologies for water credits, improved forest management, and avoided planned forest conversion.
  • Fri 15:45
    An academic paper has called for faith-managed forests at sacred sites to be eligible for participation in voluntary carbon markets, after calculating the value of carbon stocks and biodiversity conservation at a Buddhist monastery and site of worship in southern Taiwan.
  • Fri 14:39
    Carbon credit issuance crunched lower in the first half of 2025 as the project developers switched to providing newer vintages for an increasingly integrity-conscious market, according to data published Friday.
  • Fri 14:13
    BRICS nations must go beyond clean energy investments and lead the charge in tackling barriers in global trade and finance to reshape the global economic system, according to a report released this week.
  • Fri 12:16
    Permit prices in China's national CO2 emissions market remained stable over the past week, with trading activity expected to gradually pick up as the compliance deadline looms.
  • Fri 11:04
    Blue drive - Korean carmaker Hyundai in its 2025 sustanability report said it will explore the use of carbon credits and participate in marine forest blue carbon resource surveys to expand seaweed-generated blue carbon. It has tw0 MoUs with the Korean government to create marine forests formed by densely growing seaweed, for which the company employs techniques like seaweed transplantation and artificial pouches to rapidly disperse spores. To deal with unavoidable residual carbon emissions by its 2045 carbon neutrality target, the automaker also said it will invest in CCUS tech.
  • Fri 11:03
    CCS avatar - Japan’s Inpex reconfirmed Friday it plans to spend $1.3 bln developing CCS and hydrogen up to 2035, according to its Integrated Report. In an unusual, multi-page written interview with his own avatar Inpex CEO Takayuki Ueda, who oversaw the development of his company’s first operated LNG export project, said CCS would be integral to the energy transition as a way to manage emissions from LNG. Ueda said his company’s view is that LNG is a ‘destination’ fuel rather than a ‘transition’ fuel on the road to a fully renewable future. The report showed Scopes 1,2, and 3 emissions broadly unchanged. On Thursday Inpex’s CCS project offshore Australia was awarded Major Project status by the government.
  • Fri 10:52
    One of Asia’s largest carbon project developers has received a final offer to take it private from a consortium of heavyweights who have upped its prior bid by over 13% per share.
  • Fri 09:10
    Japan’s largest banks, trading houses, and a major power supplier are "failing to take climate risk seriously enough", a group of environmental groups said Friday, following results from annual general meetings this week.
  • Fri 08:50
    The Green Climate Fund (GCF) board has this week approved over $1.2 billion for new climate projects for developing countries, it announced Friday.
  • Fri 07:54
    Australia’s Emissions Reduction Assurance Committee (ERAC) is seeking feedback to extend the crediting period for the animal effluent method under the Australian Carbon Credit Unit (ACCU) Scheme.
  • Fri 06:50
    CCUS partnership - Malaysia’s Petronas and Italy’s Eni have struck deals on numerous projects, including one on CCUS, Malaysian Prime Minister Anwar Ibrahim announced Thursday during his official visit to Rome, New Straits Times reported. While the announcement lacked details on the CCUS initiative, Ibrahim said that it is expected to include more partners as there is interest from Japanese firms and Indonesian oil company Pertamina. Once launched, it is expected to become the one of the largest projects in the region involving CCUS partnership between the oil majors, he added. In March, Malaysia unveiled its Carbon Capture, Utilization, and Storage Act 2025, aimed at mitigating climate change through controlled management of CO2 across its entire lifecycle. The country sees value of its CCS industry hitting $21.34 bln in two decades’ time.
  • Fri 06:44
    It’s official - Bangkok Airways has officially introduced SAF on commercial flights with an aim to reduce emissions from its operations, it said in a statement. Effective July 1, 2025, the airline will begin using SAF blended at 1% with 99% Jet A-1 fuel, which can help reduce CO2e emissions by an average of 128 kgs per flight, the airline said. Bangkok Airways began using SAF on a pilot flight operating between Koh Samui and Bangkok. Now it plans to extend the use on commercial flights to international destinations on the Asian continent.
  • Fri 06:17
    Work smarter - Project developer Green Carbon has signed an MOU with Regrow Agriculture, a US-based climate tech company, to create high-quality carbon credits from rice cultivation projects, it announced Friday. Green Carbon will use Regrow's denitrification-decomposition (DNDC) model, which can precisely identify emissions from agriculture, according to the company. Under the partnership, Regrow will provide technical support for quantification and API-based integration of GHG emissions, soil carbon dynamics, and nutrient cycles in agricultural soils through its DNDC modelling system. According to Green Carbon, the collaboration will begin with a rice paddy field project in Vietnam and an initiative under the Joint Crediting Mechanism (JCM) in the Philippines.
  • Fri 05:59
    Sparcing up - Australian hydrogen developer Sparc Technologies and the University of Adelaide have received a A$2.75 mln ($1.8 mln) grant under the federal government’s Economic Accelerator (AEA) Innovate grant programme to develop its novel hydrogen production process. Sparc said the grant provided validation of its hydrogen tech, which uses a photocatalytic process rather than an electrolyser to make the gas. It received A$470,000 from the AEA in 2023. Sparc’s largest investor is miner Fortescue, which hopes to scale its tech to make commercial quantities of hydrogen at its Pilbara mine sites. The company debuted its pilot plant at the university in June. Shares rose 3.3% Friday on the news but are worth around half of January’s 30 cents each.
  • Fri 05:39
    The outgoing head of Australia’s carbon market industry body is set to begin a new role at the newly created Net Zero Economy Authority (NZEA) later this month, he told Carbon Pulse.
  • Fri 05:31
    The Australian government has committed up to A$432 million ($283.6 mln) in renewable hydrogen funding to a project tied to a Safeguard Mechanism facility, it announced Friday.
  • Fri 03:01
    Charging up - Australia's Clean Energy Finance Corporation (CEFC) has invested up to A$6 mln ($3.9 mln) into global electric fleet company Zenobe to get more battery electric trucks on the country's roads, it announced. Zenobe will lease battery electric trucks to supermarket giant Woolworths as a way to cut emissions for grocery deliveries on on-road transport in New South Wales and Victoria. The funding will support the delivery of a fleet of 60 electric trucks to replace diesel vehicles. Transport accounts for 22.3% of Australia's national emissions and is the fastest growing source of emissions.

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