CP Daily Newsletter: Tuesday July 29, 2025

Published 03:13 on July 30, 2025 / Last updated at 03:13 on July 30, 2025 / Newsletters

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TOP STORIES

INTERVIEW: J-REDD programme in Argentina on cusp of issuing CORSIA-eligible credits

An avoided deforestation programme in Argentina is one step away from receiving the first-ever credits under Verra’s Jurisdictional and Nested REDD+ (JNR) Framework – which could inject the supply-constrained CORSIA market with millions of new units, pending national authorisation.

BRIEFING: US EPA releases proposal to repeal foundation to GHG regulations

US EPA Administrator Lee Zeldin travelled to a truck dealership in Indianapolis on Tuesday afternoon to announce the long-anticipated repeal of the endangerment finding, setting up the final blow to a 16-year-old rule that has served as the foundation of national GHG standards.

*NEW* DAILY NEWS TICKER

CP Daily News Ticker: 29 July 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

BRIEFING: ICJ opinion a chance for Pacific Islands to reframe international climate engagement

The legal clarity on countries’ climate obligations stemming from last week’s advisory opinion from the International Court of Justice (ICJ) can change how Pacific Island nations engage with other states, and could potentially open the door to lawsuits being filed against countries with weak climate targets, according to experts.

Australian minister dismisses carbon tax talk

Australia’s climate change minister on Tuesday rejected calls for a carbon tax to cut the nation’s emissions, denting the hopes of a growing number of experts who have recently been calling for a tax on CO2.

Regulator approves 51 J-Credit projects

The administration of Japan’s domestic J-Credit scheme has approved 51 projects capable of creating around 1.5 million units over their lifetimes, according to a recent notice.

NSW proposes new coal mine methane regulations, emissions reduction guides

The New South Wales Environmental Protection Authority (EPA) in Australia launched a consultation Tuesday on new requirements and guidance for industry to cut GHG emissions, starting with coal mines.

Malaysia’s upcoming carbon tax could raise $213 mln annually

Malaysia’s planned carbon tax, due to take effect in 2026, could generate nearly RM 1 billion ($213 million) annually for government coffers while placing added pressure on emissions-heavy sectors, a research note by BIMB Securities said Tuesday.

Working group proposes allocation framework for manufacturing companies under Japan ETS

A working group under Japan’s trade ministry (METI) has proposed an initial decision-making framework to set up benchmarks for the manufacturing sector under the country’s emissions trading scheme.

Australian green hydrogen focus should be on green iron and other easy wins -think tank

Australia must narrow its green hydrogen focus and zoom in on value-add projects if the government is serious on developing a clean new industry and lowering emissions, a note from a think tank said Tuesday.

INTERNATIONAL

BRIEFING: Argentina to prioritise MCUs over international A6 trading to protect NDC

A top Argentinian official on Monday voiced intent to sell mitigation contribution units (MCUs) under Article 6.4 of the Paris Agreement, prioritising this over other Article 6 use cases that involve international trading, to ensure the country meets its Nationally Determined Contribution (NDC) targets.

G20 countries under pressure to set ambitious climate goals ahead of COP30

The nationally determined contributions (NDCs) of the G20 countries will be the most influential in ensuring the earth’s temperature returns to a liveable warming trajectory, an international NGO has said.

G7 steel decarbonisation efforts stalling, despite policy improvements -report

The world’s richest economies are failing to deliver on steel decarbonisation, despite improved policy frameworks, with project cancellations, high energy costs and geopolitical tensions threatening progress, according to a scorecard published Tuesday.

EMEA

INTERVIEW: Article 6 uncertainty could leave multi-billion hole in Europe’s finances

The EU’s 2040 climate target proposal has left lingering uncertainties surrounding the role of international carbon credits, with potential massive consequences for the Union’s finances and carbon market, says Michal Bloss, a Green lawmaker in the European Parliament.

Californian developer steps into new territory with biomass carbon removal in Botswana

Boomitra has made its first steps into biomass carbon removal with a project in Botswana, with an initiative that goes beyond soil credits.

Euro Markets: EUAs up over 3% as gas and power also post healthy gains

EU carbon prices finished up nearly 3.5% on Monday, hitting a five-week high after strong days for the power and gas markets pulled carbon from a summer lull.

Draft German budget includes billions in energy subsidies, support for CDR -media

Germany plans to cut energy costs for businesses and consumers by €42 billion in 2026-29, and provide €111 million in support for carbon removals (CDR), according to a draft federal budget seen by Reuters.

ICJ climate ruling puts EU simplification plans under microscope

Last week’s decision by the International Court of Justice (ICJ), reframing climate action as a legal obligation, means the EU’s push to water down climate policies may breach both EU and international law, according to a new legal analysis.

EU civil society coalition launches methane tracker

The European Civil Society Observatory on Methane (CSO-M) has launched a tracker to monitor national implementation of the EU’s landmark Methane Regulation, one year after the rules entered into force.

Danish utility enlists US removals expert to develop BECCS project

A Danish public utility has signed a deal with a US-based carbon removals (CDR) company to look at the potential for developing a large-scale bioenergy with carbon capture and storage (BECCS) facility in Copenhagen, the companies announced this week.

Blockchain-based UK carbon trading firm goes bust

A carbon trading startup, headquartered in the UK and specialising in blockchain technology and removal projects, will cease operations due to insolvency.

UK pension provider channels £330 mln into renewable energy via private market funds

A UK workplace pension scheme has committed £330 million to clean energy infrastructure through two private market funds, the firm announced Tuesday.

AMERICAS

Argentine province deploys country’s first subnational carbon standard

Cordoba province has launched a subnational carbon credit standard for methane emissions reductions, underpinned by local demand from an infrastructure compensation programme, which is part of a regional 58% GHG reduction target by 2030.

FEATURE: Drive for greener data centres spurs interest in CCS-fitted gas power plants

A growing need for decarbonised data centres is fueling demand for gas-fired power plants coupled with carbon capture and storage (CCS), and hyperscalers are possibly the only ones willing to pay the cost premium even though the plants are far from economic, experts say.

US EPA must improve CO2 injection well permitting, govt watchdog says

The US EPA aims to issue CO2 injection well permits within two years, but is not on track to meet that target despite additional resources available to increase expertise and capacity, an independent agency watchdog said Tuesday.

US DOE temporarily lifts operating restrictions from Maryland power plant

The US DOE issued an emergency order Monday to allow a RGGI-regulated Maryland power plant to operate beyond its environmental run-hour limitations until October.

US firm to earn $800k for methane monitoring under IRA-funded West Virginia project

A US-based company has secured its first methane monitoring contract worth approximately $800,000 under a federal emissions reduction programme, it announced this week.

Floating LNG exports are gaining traction, boasting speed and flexibility -report

Floating liquefied natural gas (FLNG) export plants are becoming more popular on the global LNG market, boasting speed, flexibility, and cost efficiency, and with capacity expected to triple by 2030, analysts predict.

Vermont set to miss emission targets -report

RGGI’s smallest participating state could miss its legally-binding emissions targets as early as next year if it stalls on policy intervention, new data by the state’s climate arm has revealed.

Florida AG launches inquiry into climate disclosure bodies

Florida’s attorney general (AG) launched an investigation this week into two climate reporting organisations, examining whether their activities could breach state consumer protection or antitrust laws.

VOLUNTARY

Forest carbon startups join forces, prepare for Series A funding round

Two European companies announced their merger on Tuesday, creating a single forest carbon project developer with more than 80,000 hectares of forest under contract.

Forest carbon developer, biochar firm partner on durable CDR in Paraguay

A Swiss developer of forestry projects and a China-based manufacturer of biomass pyrolysis technology on Tuesday announced a partnership to develop durable carbon removal (CDR) projects in Paraguay.

CFEL25 – CALL FOR PROPOSALS

Carbon Forward Expo London 2025 – Call for Proposals

Carbon Forward Expo London celebrates 10 years this October, and we are inviting partners to be part of this special event.

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COMPLIMENTARY REPORTS

CBAM: Break for the Border (Mechanism) – To what extent are the European Union’s top trading partners ready for embedded emissions reporting and how can this risk their compliance with EU CBAM? Wood Mackenzie’s Carbon Management experts share insights on the EU led global growth of CBAMs and how companies can be better prepared for upcoming compliance challenges and unique MRV requirements. Click here to access this complimentary report

Designing Carbon Registries for Success – Carbon registries are key to enhance environmental market integrity and transparency. S&P Global Commodity Insights’ whitepaper offers insights into technology options for countries to engage in carbon markets, including independent standards and national programs, emphasizing the need for interoperability to prevent double counting and streamline data exchange. It helps guide market participants on considerations for alignment with Article 6 of the Paris Agreement, which facilitates international cooperation in climate action through market-based mechanisms. It features case studies from countries like Ghana and Singapore, showcasing strategies for maximizing carbon credit utilization and advocating for adaptable registry designs to support nations’ low-carbon transitions. Click here to access this complimentary report

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PREMIUM JOB LISTINGS

See all listings or post a job

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EVENTS

Carbon Forward Expo London: Oct. 7-9, London – Europe’s premier carbon markets conference. Our flagship event takes place in London once again, and will celebrate its 10th year analysing global carbon markets. Over three information-packed days, we’ll bring you leading experts, thought-provoking content, trailblazing organisations, lively discussions, and innovative thinking across the compliance, voluntary, removal, and renewable energy markets. This year’s edition will feature more side events, workshops, and our inaugural startup Pitch Hub! More details and a call for proposals to follow. Super Early Bird discounts now available. Register

Carbon Forestry 2025: Aug. 19-20, Rotorua – The 2025 Carbon Forestry Conference draws foresters, managers, advisers, and lawmakers to discuss policy and market changes. Director John Stulen calls it a vital forum for the sector. Key topics include the Climate Change Commission’s latest advice on NZ ETS unit limits and price controls for 2026-30, aiming to restore confidence in emissions trading. Also central is the ‘Alt-F Reset’ report from the Parliamentary Commissioner for the Environment, which raises new, sometimes counterintuitive, ideas for land use adaptation. The event will shape future forestry and climate policy in New Zealand. Register

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CALL FOR PROPOSALS

Carbon Forward Expo London celebrates 10 years this October, and we are inviting partners to be part of this special event. We are now accepting proposals for this special event, from:

  • Start-ups – for our new Carbon Forward Pitch Hub
  • Companies – to run Deep Dive Workshops
  • Speakers – to join our expert panels
  • Sponsors – ready to support Europe’s premier carbon markets conference
  • Offset buyers – to apply for one of our free passes

Start-ups for the Carbon Forward Pitch Hub – Stand out and get noticed

We’re offering start-ups the chance to promote their business to our highly engaged carbon markets audience. Selected start-ups will have the opportunity to do a 5-10 minute ‘elevator’ pitch, connecting them directly with industry leaders, investors, and potential partners. Start-ups will be required to purchase at least one 3-day conference pass in order to pitch.

Deep Dive Workshop hosts – Showcase your offerings and flex your expertise

Calling all experts: If there is an issue you feel needs unpacking, a challenge the industry faces, or an important opportunity to be had, we’re offering 30-45 minute workshop slots to organisations keen to take attendees on a ‘deep dive’ regarding a specific topic or market, also allowing the presenting company to showcase its offerings. Workshop slots will be allocated on a ‘first come, first served’ basis, with booking priority offered to event sponsors.  Non-sponsor firms looking to host a workshop will be required to purchase a minimum number of conference passes.

Some workshop topic ideas:

  • An introduction to emissions trading
  • Analysts presenting their latest carbon allowance price forecasts
  • State of play in North America’s carbon markets
  • A first-time CDR buyer’s guide
  • How do I choose a VCM standard?
  • Understanding integrity: Knowing your ICVCM from your VCMI
  • CBAM 101: How to navigate a carbon-tariffed world
  • Article 6 unwrapped: The differences between 6.2 and 6.4
  • Article 6: Country or regional profiles
  • Aviation in the EU ETS and CORSIA
  • Technical analysis in the carbon market

Presenters – Opinions, analysis, projections

If you’re interested in joining a panel discussion on the main stage, please get in touch with your area of expertise or a suggested angle. We’re especially keen to hear from those who bring fresh perspectives or practical experience. To ensure gender balance, we welcome and encourage expressions of interest from prospective female panellists.

Sponsors – For organisations looking to make a real splash

Sponsors benefit from high-impact visibility, including main stage panel participation, table-top exhibition space, prominent branding opportunities, client invitations, team access, and unrivalled marketing reach. Sponsors will also get priority in reserving Deep Dive Workshop and Pitch Hub slots.

Offset buyers – Apply for a free pass

As with all our Carbon Forward events, we offer a limited number of complimentary passes to attendees from medium and large companies that buy and retire voluntary carbon credits or are looking to do so (Note: this excludes organisations from the energy, financial, or consulting sectors). Special consideration will be given to first-time Carbon Forward attendees.

Indicate your interest and get involved!

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