Get your comments in - The US EPA announced Monday a 49-day public comment period on its intent to issue a permit for a CO2 storage well in Indiana. The permit concerns One Carbon Partnership and its proposed Cardinal Ethanol Facility in Randolph County, Indiana, with plans to inject up to 450,000 tonnes of CO2 per year for 30 years, and 13.5 tCO2 in total. A public availability session and public hearing will take place in Winchester, Indiana, on Dec. 4.

A UK-based enhanced rock weathering (ERW) company announced Tuesday it has signed a new agreement to deliver 28,900 tonnes of carbon dioxide removals (CDR) by 2036 to Microsoft, backed by debt financing from a Canadian climate fund.

RGGI Allowance (RGA) futures have pushed towards the $24 threshold, reaching roughly three-month highs amidst a sustained compliance buying pressure in a thin market, traders said.

Brazil’s distinctive marriage of conservation and industry inspired new deals and provoked outrage last week, spilling over from domestic policy onto the global stage.

Gas growth - The US Energy Information Administration (EIA) said North America’s LNG export capacity could more than double by 2029, rising from 11.4 to 28.7 bln cubic ft per day if all projects under construction come online as scheduled, E&E News reported. The expansion will be driven primarily by US projects along the Gulf Coast, including facilities in Texas and Louisiana, where new pipelines are being built to support exports. The agency said the region is already the largest hub for LNG shipments in the Atlantic Basin.

Energy transition fund – Valetec has been chosen to manage a new Brazilian Equity Investment Fund focused on the Energy Transition and Decarbonisation sectors (FIP Transicao Energetica), the National Bank for Economic and Social Development (BNDES), state-owned oil firm Petrobras, and the Studies and Projects Financing Agency (Finep) announced on Monday. The fund aims to raise R$500 mln ($94 mln) in total, with an initial capital of at least R$240 mln to begin operations, and to invest in around 15 micro, small, and medium-sized Brazilian companies developing energy transition solutions. The fund's target investment sectors include renewable energy generation; energy storage and electromobility; sustainable fuels; and carbon capture, utilisation, and storage (CCUS). Petrobras is expected to invest up to R$250 mln, representing as much as 49% of the fund. BNDES Participacoes (BNDESPar), a wholly owned subsidiary of BNDES, will contribute between R$50 mln and R$125 mln, capped at 25%. Finep plans to provide up to R$60 mln. Alongside these anchor investors, the fund may attract other participants interested in supporting projects in the target sectors.

Brazilian state-owned oil company Petrobras received Monday government approval for a licence to drill a block in the mouth of the Amazon River basin and search for oil and gas, a move quickly condemned by environmental groups.

The world’s first trans-Pacific green shipping corridor is wrapping phase one of its multi-year implementation, according to a Monday release.

A Canadian forestry planning software company has acquired an Australian real-time data platform to link field-level tracking with end-to-end forest logistics and management, the company announced on Monday.

Battery blowback - The US DOE has cancelled more than $700 mln in battery and manufacturing grants, marking the first confirmed cuts from a circulating list of $20 bln in potential terminations under the Trump administration’s energy review, E&E news reported. The five axed projects were funded through the 2021 bipartisan infrastructure law to boost domestic EV and grid battery supply chains. The DOE said the projects missed milestones or failed to meet economic and national energy goals, while Democrats accused the agency of illegally withholding funds and harming clean-energy jobs. Energy Secretary Chris Wright defended the move as a taxpayer safeguard, saying more cancellations are likely this autumn.

Global efforts to curb CO2 emissions under the Paris Agreement have been outpaced by rapid economic growth, according to new research. 

Italy has taken a major step towards allowing the monetisation of forest carbon removals, with the joint signature of an inter-ministerial decree establishing a national registry for forestry offsets.

London to Belem - UK PM Keir Starmer will attend COP30 in Belem, Brazil next week, No. 10 confirmed on Monday after weeks of prevarication, the FT and other outlets reported. Starmer will fly in for the leaders' summit, which this year takes place on Nov. 6-7, before the COP's official start on Nov. 10. The question of whether the PM would attend was the source of a "big fight" inside government, the FT reported last month, with many aides saying he should stay home to focus on domestic issues ahead of the Autumn Budget. Friends of the Earth CEO Asad Rehman called the news a "welcome relief", but stressed that Starmer has to show up in Belem with "maximum ambition" to end global deforestation.

The European Commission will extend aid for indirect EU ETS costs to more than double the number of sectors set in the last revision of the rules, due to rising energy and CO2 allowance prices, according to a leaked document.

The European Union’s proposal to meet 3% of its 2040 climate target through international carbon credits makes it “very risky” for financiers and developers to invest in new projects, according to the author of a major new report examining the role of such credits across the bloc’s climate policies.

Bolivia has elected the centre-right senator and carbon markets advocate Rodrigo Paz Pereira to the presidency, following an election run-off. 

Africa could leverage global carbon markets and climate finance mechanisms to close a massive energy access gap, according to a new report from the International Energy Agency (IEA).

EU carbon allowance prices shrugged off widespread weakness across energy markets, as well as a sustained EUA sell-off in the middle of the day, to settle at their highest since mid-February as bullish-positioned traders made repeated lunges at a key resistance level.

Markets were subdued last week after the International Maritime Organization delayed a decision on its global carbon pricing proposal for a year following pressure from the US and several oil-producing countries, while concerns remain that nature-based credits could miss out on early Paris Agreement crediting after UN authorities opted to defer key permanence decisions to future methodological work.

Last week’s International Monetary Fund (IMF) and World Bank Fall Meetings saw both institutions prioritise job creation and downplay climate change as the US pushes to limit all green discourse, but senior staff at the organisations are now moving to link environmental action to employment.

A climate data and certification platform has released two new greenhouse gas quantification methodologies designed to help the agriculture sector measure and reduce emissions from fertiliser use.

Cement emissions covered by the EU Emissions Trading Scheme (ETS) have increased year-on-year for the first time since 2021, while those from steel production are significantly down, analysts data shows.

Mozambican energy - Mozambique needs to strengthen its planning and data systems, and continue expanding access to electricity and clean cooking, in order to improve living standards, the IEA said on Monday after its first energy policy review of the country. Most of Mozambique's electricity generation comes from hydropower, but other renewable resources remain largely untapped. Hydro, solar, and wind, along with vast gas reserves, could be the foundations for a modern, inclusive, and sustainable energy system, the IEA's Mary Bruce Warlick said. This would enable Mozambique to follow its aims of scaling up mining and processing, and benefitting from rising global demand for critical minerals.

A major standard setter has opened two major public consultations aimed at updating how companies account for and report Scope 2 and electricity-related emissions.

Eight new carbon projects have applied to join the Paris Agreement Crediting Mechanism (PACM) from the bioenergy, solar, and geothermal power sectors.

US CO2 pipeline bill - The US Senate Commerce, Science, and Transportation committee will table a bill to reauthorise governing regulations for pipeline safety, including seeking a new rule for CO2 pipelines, E&E News reported. The outlet reported the committee will vote Tuesday on the “PIPELINE Safety Act of 2025”. The bipartisan bill is meant to reauthorise the Pipeline and Hazardous Materials Safety Administration’s (PHMSA) pipeline safety programme over the next five years, including nearly $1.7 bln in operational funding. It would require PHMSA to publish a rule addressing the safety of CO2 pipelines, including considering emergency response specific to pipeline accidents and vapour dispersion modelling.

The majority of German companies with science-based climate targets do not have clear strategies in place for purchasing carbon removals, as the 2050 deadline for reaching net zero emissions is seen as too distant, according to new research.

A carbon removal registry has announced that it is expanding its operations into crediting the destruction of super pollutants.

A US-based carbon registry last week launched a public consultation on the latest version of its soil carbon methodology, introducing new rules on additionality, verification, and stakeholder engagement.

The European Commission will propose measures on Tuesday to limit the risk of high prices in the bloc's incoming Emission Trading System for fuels used in heating and road transport (ETS2), Commission President Ursula von der Leyen said in a letter sent on Monday ahead of an EU summit where the bloc's proposed 2040 target will be on the agenda.

“Climate-smart” forestry projects designed to boost carbon sequestration often trigger far less leakage than commonly assumed and can even generate net positive spillovers, according to new modelling backed by the Bezos Earth Fund and the US government.

Net zero square mile - The City of London Corporation, the governing body for the Square Mile that encompasses London's financial hub, is on track to hit its goal of net zero by 2040, after cutting carbon emissions by nearly a quarter between 2017-22, it announced in a progress report on Monday. Net emissions across the City Corporation's entire value chain have declined by 28% since 2018. Meanwhile, the City is also progressing on goals to boost its resilience, which were set over the 18 months. This includes installing climate-resilient vegetation, planting new trees, and creating wildflower meadows. Walking, wheeling, and cycling now account for 85% of on-street travel in the City.  

Green jobs growth - The UK government has released the country's first plan to train and recruit workers for the energy transition - aiming to double employment in the sector to more than 850,000 roles by 2030. The plan builds on the new 10-year Industrial Strategy, which included commitment to boost annual skills funding by £1.2 bln by 2028-29, at least £100 mln of which should be spent over three years on clean energy in England alone. Large skill gaps are anticipated in trades such as welding, electrical engineering, and carpentry without intervention. The govt also stressed that many roles in clean energy come with favourable pay, and that many mid-level and senior jobs in wind, nuclear, and electricity networks all advertise average salaries exceeding the UK average. Ministers will work with local authorities and education providers to support five new Technical Excellence Colleges, and there will be new, tailored schemes to ease veterans, ex-offenders, and long-term unemployed into the energy industry. (edie.com)

A US-based scientist has received $1 million in funding to test whether municipal solid waste can be converted into biochar to replace cement in concrete, the organisation behind the grant announced last week.

A new business coalition, including BlackRock's Global Infrastructure Partners and ExxonMobil, has been launched by a group of international companies in a bid to create a more accurate and transparent system for tracking global greenhouse gas emissions.

A group of researchers at the Korea Advanced Institute of Science and Technology (KAIST) believe they may have found a catalyst manufacturing solution that can significantly reduce the energy needed to produce hydrogen.

The Methodological Expert Panel (MEP) for the new Paris Agreement Carbon Crediting Mechanism (PACM) has recommended the first draft methodology for adoption at the end of October.

The EU has conducted an assessment into the energy performance and sustainability of data centres, suggesting an EU-wide rating scheme could be established to set a minimum bar for good practice.

The UK’s energy system is facing mounting challenges from increasingly volatile weather, which may also affect carbon pricing dynamics in the country, according to a new report.

Big progress in the Big Smoke - The City of London Corporation has reported strong progress towards its target of achieving net zero across both its own operations and the wider Square Mile by 2040. According to its latest Climate Action Strategy progress report, emissions across the Square Mile fell by 24% between 2017 and 2022, while the corporation’s own value chain emissions declined by 28% since 2018. Over the past year, more than 2,500 square metres of climate-resilient greening and 72 new trees have been added across the city, helping cool streets by up to 6C, the corporation said. It has also created over 70 hectares of wildflower meadows across its wider open spaces, while walking, wheeling, and cycling now account for 85% of on-street travel. Policy Chairman Chris Hayward said the city remains “firmly on track” to meet its 2040 climate goals, citing progress in cutting emissions, boosting clean power, and creating green spaces. The corporation said collaboration across supply chains, tenants, and communities had been key to the results, with further plans to expand heat networks and embed sustainability into investment decisions. The corporation retained its position on the Carbon Disclosure Project’s global ‘A-list’ and continues to source 100% renewable electricity, more than half of which comes from a Dorset solar farm under a power purchase agreement. Additional rooftop solar at The London Archives now supplies 10% of that building’s energy needs, saving £25,000 annually. The City Corporation’s 11,000 acres of open spaces, including Epping Forest and Hampstead Heath, also remove around 16,230 tonnes of carbon each year – equal to roughly two-thirds of its operational footprint.

Thermal power generation in China is trending downward so far this year, while the expansion of clean energy production continued to outpace the growth of total power output, according to government data released Monday.

A new consultancy has launched in Abu Dhabi, set up to help organisations navigate carbon and renewable energy market participation.

New analysis has found that 93% of 2025 industrial biochar supply now has now been snapped up by buyers, up from 89% in September.

Australia’s Climate Change Authority (CCA) has launched a consultation seeking feedback to inform its statutory review of the country’s carbon market and the legislation underpinning it.

A global NGO has identified six nature-based carbon projects in the Asia Pacific that will potentially move into the activity design phase within the next 12 months, they told Carbon Pulse.

The COP30 international climate summit is unlikely to yield major results in terms of negotiated texts, an EU official has indicated, with hosts Brazil preparing a so-called ‘omnibus’ decision to summarise key conference outcomes and rally support behind the Paris Agreement.

Colombia’s oil distributors are driving a surge in nature-based carbon credit retirements as the country’s CO2 tax offsetting scheme interacts with abundant cheap supply and recent policy changes.

Grid tender - VicGrid, Victoria's transmission and renewable energy coordinator, has selected three consortia to submit detailed applications to deliver transmission infrastructure in Gippsland to help unlock the state's 2 GW of planned offshore wind industry, it announced. Gippsland Coast Connect, Genesis Partnerships, and Acciona, has bee selected to submit tenders to design, deliver, finance and operate the transmission infrastructure, made up of 500 kilovolt line starting near Giffard and connecting to the Loy Yang Power Station switchyard. A development partner is expected to be appointed in 2026, with early works to begin shortly after, VicGrid said.

Methane money muster - The New Zealand government has invested NZ$8 mln ($4.5 mln) to go towards Livestock Improvement Corporation's (LIC) Methane Barn research facility which opened Monday, it announced. Agriculture Minister Todd McClay said the facility will enable large-scale monitoring and measurement of methane produced by lactating dairy cows. The research will let farmers select lower-emitting genetics and will be a valuable tool to help reduce biogenic methane without harming productivity, he added. It follows the government announcing it will weaken New Zealand's biogenic methane emissions reduction target.

A newly created entity founded to scale nature positive outcomes has appointed its inaugural CEO.

Prescribed price published - The Australian government on Monday published its year-to-date interim estimate of the default prescribed unit price (DPUP) for the Safeguard Mechanism. Sourcing data from RepuTex’s Energy IQ platform, the Safeguard Mechanism default prescribed unit price for the quarter ending Sep. 30 is A$36.34 ($23.53). This up slightly compared to the 2024-25 DPUP of A$36.05. The DPUP affects facilities covered under the Safeguard Mechanism that are fall under the trade-exposed baseline adjusted (TEBA) category, as they are required to determine their scheme cost by multiplying their baseline exceedance by the DPUP.