- Mon 23:27Forest cuts – Canada’s Liberal government will drop its goal to plant two billion trees by 2031 as part of Tuesday’s federal budget, sources told CBC on Monday. The government will proceed with existing contracts to plant one billion trees by that date, with unallocated funding from the original $3.2 billion programme to be redirected elsewhere. The reforestation and afforestation initiative, launched under former prime minister Justin Trudeau in 2019, has missed annual targets in recent years, with only around 228 million trees planted to date, CBC reports.
- Mon 22:37Waiting on EPA – Biofuel and agriculture groups are calling on the US EPA to finalise a proposal that would fully reallocate all of the biofuel gallons that were lost via the agency’s 2023-25 small refinery exemptions (SREs) granted under the Renewable Fuel Standard (RFS). The agency originally proposed reallocating 100% of biofuel gallons in September, which followed an Aug. 2025 decision to grant several SREs for the 2023-25 compliance years. According to American Ag Network, one biofuel trade association said reallocating anything less than 100% would break EPA’s promise.
- Mon 22:34Brazil’s gross greenhouse gas emissions fell by 16.7% in 2024 compared with 2023, according to estimates released on Monday by a civil society organisation - yet is off track to meet its Nationally Determined Contribution (NDC) goals.
Gaining ground – Gevo, a Colorado-based renewable fuels and chemicals company, announced the first delivery of certified CO2 removal credits (CORCs) under the Puro.earth standard to Biorecro North America. The credits were generated from Gevo’s North Dakota CCS operations. The delivery marks the start of a five-year agreement valued at about $26 mln. Gevo, which produces sustainable aviation fuel, ethanol, and other bio-based products, is currently the only producer of CORCs linked to ethanol-based carbon capture.
- Mon 22:03Star rising, again? – After previously planning to end a popular consumer-level energy efficiency programme, the EPA is backtracking on an announcement from earlier this year to eliminate Energy Star. The programme, which helps consumers buy energy-efficient appliances, was slated for elimination by EPA Administrator Lee Zeldin in May. Now, Zeldin is reconsidering the move after pushback from business leaders and congressional Republicans, according to sources who spoke to the New York Times. The EPA has said that no final decision has been made yet on the programme’s future.
- Mon 21:54A US-based carbon management firm has partnered with a Canadian waste-to-energy developer to advance Canada’s first commercial-scale facility integrating carbon capture and storage (CCS) in Alberta, the companies announced Monday.
- Mon 21:11A webinar on Monday outlined forthcoming guidance for developing high-integrity nature-based carbon projects in the Brazilian Amazon.
Rocks eat CO2 – Canada Nickel has launched a one-month in-situ carbon sequestration pilot at its Crawford Nickel Project near Timmins, Ontario, with the University of Texas at Austin, funded by the US Department of Energy's ARPA-E programme, it announced on Monday. The pilot will inject CO2-enriched water into a 400m deep well in ultramafic rock, where magnesium-rich brucite captures CO2 by transforming into minerals like magnesite within hours, solidifying within six months. The initiative is independent of Canada Nickel's existing IPT Carbonation programme.
- Mon 20:29Road decarbonisation – US-based road materials firm Verde Resources has received a $2 mln strategic investment from Ergon Asphalt & Emulsions to scale its carbon-sequestering BioAsphalt technology. The funding follows a 10-year licensing agreement granting Ergon exclusive rights to commercialise the material across North America. BioAsphalt enables the use of 100% recycled asphalt in cold-mix applications that eliminate heat and solvents, lowering costs and emissions. The partners said the deal strengthens Verde’s commercial rollout and supports efforts to decarbonise road construction.
- Mon 20:10Upcoming gubernatorial elections in Virginia and New Jersey on Tuesday could determine whether the two states rejoin or exit RGGI, potentially shaping market dynamics in the 10-state regional power sector cap-and-trade programme.
- Mon 19:58Shutdown shenanigans – A new analysis has found that coal-fired power plants emitted significantly more particulate pollution during the 2018-19 US government shutdown, when nearly all US EPA pollution inspectors were furloughed. Researchers reviewed six years of emissions, air quality, and weather data from over 200 coal plants and discovered that particulate levels within 3 km of those facilities rose by 15-20% during the month-long lapse in oversight. The increase was not linked to weather, electricity demand, or coal type, suggesting operators took advantage of the pause in inspections. Once the government reopened and enforcement resumed, emissions returned to normal levels. The study concluded that air pollution regulations are only as effective as their enforcement, warning that ongoing staff reductions at the US EPA could weaken environmental protection further.
- Mon 19:57Fusion fairness – Sens. John Curtis (R-UT) and Maria Cantwell (D-WA) introduced bipartisan legislation Monday to extend the Inflation Reduction Act’s (IRA) advanced manufacturing tax credit to fusion energy components, E&E News reported. The proposed Fusion Advanced Manufacturing Parity Act would amend Section 45X of the IRA to give fusion the same tax treatment as technologies such as solar and batteries. Curtis said the bill would help the US win the fusion race by supporting domestic manufacturing and job creation.
- A Boston-headquartered startup targeting food waste has launched an early sale of up to 500,000 “pre-issuance” carbon credits, with proceeds aimed at supporting food rescue operations as the US government shutdown continues to disrupt social programmes.
- Prices rallied last week as optimism surged ahead of COP30 and the market started the typical uptick in demand for credits in the fourth quarter to cover annual emissions.
- ICAO has published the CORSIA sectoral growth factor for 2024, which should translate to robust demand for carbon credits eligible for the offsetting scheme, after last year's aviation emissions across participating states was calculated at 60 million tonnes above the agreed baseline.
- Mon 16:06A new report from the Science Based Targets initiative (SBTi) has found that setting science-based climate targets delivers measurable business benefits, boosting competitiveness, investor confidence, and long-term growth across sectors.
- Mon 15:35Global warming is accelerating as land and ocean carbon sinks reach critical limits, threatening to narrow the remaining carbon budget, according to a new scientific assessment released ahead of COP30 in Belem.
- Mon 15:25CO2-reactive geological formations such as basalts and peridotites could offer new long-term carbon capture and storage (CCS) opportunities in regions with limited sedimentary basins, according to an analysis published last week.
- Mon 14:33The Norwegian government has proposed cutting more than half a billion kroner from international climate and environmental initiatives in its draft 2026 state budget.
- Mon 14:27Small Island Developing States (SIDS) remain in the early stages of implementing carbon pricing policies, despite its growing role as a tool to steer investment in climate action, according to a recent UN-backed report.
- Mon 14:12Brazil guidelines - A set of guidelines for high-integrity carbon projects in the Brazilian Amazon will be launched during the second week of COP30, it was announced on a webinar hosted by the Voluntary Carbon Markets Integrity Initiative (VCMI) on Monday. The guidelines have been developed by consultancy Climate Focus and think tank LaClima, alongside the Amazon Investor Coalition (AIC) plus VCMI and the state governments of Acre and Rondonia, and will provide an overview of how to build and evaluate high-quality carbon projects in the region. A key focus will be on environmental and social safeguards, and providing concrete benefits for Indigenous Peoples who protect the forests.
- Mon 14:00A company that works with project developers to market their credits has announced it has secured $160 million in early commitments from corporates to purchase units generated by Indigenous-led forest conservation in the Amazon.
- Mon 13:55Verra seeks experts - Verra has opened a Request for Applications for independent modeling experts to review Digital Soil Mapping Model Validation Reports (DSM-MVRs) under the VCS. Applicants with experience in DSM or hybrid DSM and biogeochemical models (BGCMs) will assess consistency with VT0014 guidance and ensure compliance with relevant VCS methodologies. Applications are being reviewed on a rolling basis.
- A US technology company that equips building designers to procure low-carbon materials announced $2 million in early-stage funding, in an exclusive to Carbon Pulse.
- Mon 12:55Green light - The IPCC has approved the scientific content for the 2027 Methodology Report on Carbon Dioxide Removal Technologies and Carbon Capture Utilization and Storage during its 63rd Plenary session in Lima, Peru last week. This decision sets the stage for expert nominations and the next steps in report production. The panel also confirmed the 2026 workplan for the three Working Group contributions to the Seventh Assessment Report (AR7), which will cover physical science, impacts, and mitigation.
- Mon 12:54COP30 confirms 170 countries - Brazil’s presidency confirmed that over 170 countries are now accredited for COP30, local media reported last week. However, the US and Argentina have yet to confirm their participation. The Trump administration has confirmed that it will not send any high-level representatives, marking an unprecedented absence for the global superpower. While previous administrations, including George W. Bush’s and Trump’s own first term, dispatched delegations despite limited engagement on climate issues, this year’s summit will see no comparable American presence. Trump has repeatedly dismissed the climate crisis as a “hoax” and a “con job” and has pledged to withdraw the US from the Paris Agreement. The Leaders' Summit, scheduled for Nov. 6-7, will see 143 delegations, including 57 heads of state and 39 ministers. Brazilian President Lula will chair the opening plenary session.
- Political sensibilities at COP30 could colour discussion and implementation of last year’s Article 6 rulebook, as “fairly dry” bureaucratic matters play out muted versions of old debates, according to observers and officials.
- Mon 12:39Emerging markets are taking the lead on climate policy as wealthier nations scale back, according to new analysis, as carbon pricing and emissions disclosure regulations keep progress across G20 countries stable.
- Mon 11:11A Middle Eastern voluntary carbon markets company has teamed up with a financier of carbon removals (CDR) to deploy projects together, mostly in the Global South, the two announced on Sunday.
- Mon 10:44A blockchain-based marketplace will list the first 200,000 tonnes from a large microalgae ocean carbon removal project on its exchange.
- Mon 10:30Xpansiv has acquired a global clean energy registry provider in a move that consolidates two major companies in the renewable energy certification sector.
- Mon 04:18Chilling stuff - European negotiators say they were subjected to direct personal threats by US officials during fractious talks over a proposed global levy on maritime emissions, according to accounts shared with Politico. The confrontation occurred at last month’s International Maritime Organization (IMO) meeting in London, where the US successfully pushed to delay a plan to introduce a carbon tax on shipping emissions by one year — a move widely viewed as a major victory for Washington and a setback for climate advocates. European Commission officials said American delegates and embassy staff used “unprecedented” pressure tactics, including summoning negotiators to the US Embassy and threatening business retaliation, visa revocations, and personal consequences for delegates and their families. “Our negotiators had never seen this before in any international talks,” one EU official said. Several European diplomats reportedly returned home shaken after the exchanges. The threats formed part of a wider campaign by the Trump administration to block the measure, which President Donald Trump argued would unfairly penalise US shipping interests. Ahead of the talks, the US issued a joint statement from the Secretaries of State, Transportation, and Energy warning of tariffs, port fees, visa restrictions, and potential sanctions against officials supporting “activist-driven" climate policies. While most EU countries backed the emissions levy, Greece and Cyprus broke ranks, with Greek PM Kyriakos Mitsotakis insisting his government’s decision to support a postponement was made independently of US pressure. Observers described the US campaign as unusually aggressive, with Energy Secretary Chris Wright and Agriculture Secretary Brooke Rollins reportedly calling more than 20 governments to press them to oppose the measure. Caribbean and small island nations were also said to have faced tariff threats. Vanuatu’s Climate Minister Ralph Regenvanu told Politico that island states faced “relentless pressure", while academic observer Christiaan De Beukelaer said the intimidation “created an atmosphere of fear” that disrupted the negotiation process. The US State Department declined to discuss the reported threats, but Secretary of State Marco Rubio later defended the outcome in a Wall Street Journal op-ed, saying the US-led coalition had successfully blocked “unaccountable bureaucratic schemes” at the IMO.
- Mon 03:48
Sun-mination - Solar has been the largest source of new US electrical generating capacity for 23 consecutive months from Sep. 2023 through July 2025, according to Federal Energy Regulatory Commission data reviewed by the SUN DAY Campaign, North American Clean Energy reported. Solar provided 19,093 MW or 73.4% of all new US capacity added in the first seven months of 2025. Combined with wind, renewables accounted for 88% of new generating capacity. Texas leads additions, having surpassed California as the top solar state.
- Mon 03:47
Asset Managers Flee Climate - State Street pulled its US asset management operations from the Net Zero Asset Managers initiative, following BlackRock, Vanguard and JPMorgan, as Republican-led states threaten litigation over alleged collusion to defund fossil fuels, FT reported. Only State Street's UK and European units remain in NZAM, which on Wednesday removed references to 2050 climate goals from its manifesto. Zero environmental shareholder proposals passed during the 2025 US voting season for the first time in six years.
- Mon 03:27
This is a call - The UK PACT (Partnering for Accelerated Climate Transitions) programme has opened a new funding call in Brazil to support climate policy and governance initiatives that strengthen the implementation of the country’s climate plan and just transition agenda. The Brazil-UK PACT Climate Policy and Governance Call for Proposals seeks one project that will enhance coordination between federal and subnational governments — including states, metropolitan regions, municipalities, and the Federal District — to align Brazil’s Nationally Determined Contribution (NDC) priorities with local climate strategies. Applications close on Dec. 15, 2025. Eligible applicants include local and international NGOs, think tanks, academic institutions, consultancies, professional associations, UN agencies, and private sector entities. The selected initiative will work with the Ministry of Environment and Climate Change’s Department of Governance and Coordination to:
- Strengthen federative climate governance and the coherence of Brazil’s climate plan implementation.
- Support the translation of national targets into actionable subnational plans.
- Build public-sector and stakeholder capacity to lead climate action.
- Enhance collaboration and dialogue between levels of government.
- Develop indicators, tools, and mechanisms for monitoring and evaluating the climate plan.
- Map and assess existing subnational climate policies, integrating gender equality, disability, and social inclusion (GEDSI) principles.
- Propose methods for harmonising planning, implementation, and reporting frameworks across jurisdictions.
Applicants are expected to prioritise a set of subnational governments based on mitigation potential, adaptation synergies (especially within the AdaptaCidades programme), and the long-term sustainability of the intervention. The call, developed in consultation with Brazil’s Ministry of Environment, reflects the UK government’s ongoing support for technical assistance and capacity-building to strengthen Brazil’s multi-level climate governance architecture.
CP Daily News Ticker: 3 November 2025
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