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- Thu 23:57A top Illinois lawmaker is looking to join states in seeking polluters-pay legislation, according to legislation submitted this week.
- Thu 22:53Phytoplankton-based carbon removal (CDR) holds potential for reaching climate-relevant scales but remains uncertain for deployment, with further research required, according to a new report on marine carbon removal (mCDR).
- Thu 22:38Canada’s federal government said Thursday it would trade its electric vehicle (EV) sales mandate for tighter GHG emissions standards for cars and light trucks, as part of a broader strategy aimed at reshaping how emissions reductions are delivered in the transport sector.
- Thu 22:37Coal in court - The owners of Colorado’s Craig coal plant are seeking a rehearing of a late Dec. 2025 US DOE order that required a turbine to operate beyond its planned Dec. 2025 retirement, arguing the Trump administration wrongly declared an energy emergency, E&E News reported. Tri-State Generation and Transmission Association and Platte River Power Authority said the directive keeping a unit at the Craig Generating Station online for 90 days violates their rights and could increase electricity prices. The DOE said the order was needed to ensure power reliability in the western US, a claim the companies disputed as unfounded.
- Thu 22:37New CORCs - Puro.earth has issued 850 CO2 removal credits (CORCs) from Wood Cache Corp’s La Veta facility in Colorado, marking durable removals under its woody biomass burial methodology, the company’s CEO said Thursday on LinkedIn. The issuance represents the first credits generated at the site, which is permitted to deliver up to 25,000 CORCs annually between 2026-30. The La Veta project uses buried woody biomass to delay decomposition and permanently store carbon.
- Thu 22:36Hawaii hits back - Hawaii is pointing to a recent court loss by the Trump administration to defend its climate lawsuit against the fossil fuel industry, arguing the ruling weakens federal efforts to block similar cases, E&E News reported. In a brief filed last week, Hawaii Attorney General Anne Lopez cited a judge’s decision rejecting an attempt to stop Michigan from suing oil and gas companies. The filing comes as a Hawaii court considers a Justice Department lawsuit brought a day before the state sued seven oil and gas companies and the American Petroleum Institute.
- Thu 21:55Mexico is plotting the long-awaited regulation of its emissions trading system (ETS) in Q2 2025, a carbon industry representative said during a webinar, adding there was uncertainty if operationalisation would be pushed back yet again.
- Thu 20:43Bahrain is witnessing rising domestic interest in carbon pricing, as the major aluminium producer faces stark exposure to the EU’s Carbon Border Adjustment Mechanism (CBAM), according to attendees of a sustainability conference held in the country last week.
- Thu 18:26Renewables revival - Representative Brian Fitzpatrick (R-PA), one of two US House Republicans who opposed last year’s GOP-led One Big Beautiful Bill Act, is preparing legislation to reinstate solar and wind tax credits that were rolled back, arguing the cuts were counterproductive to lowering energy costs and energy security, E&E News reported. Fitzpatrick said he is drafting a standalone bill to reverse renewable-related provisions, citing private frustration among some Republicans over the credits’ removal, even as most ultimately backed the broader package. The move comes amid rising electricity prices and renewed bipartisan focus on affordability ahead of midterms, though it faces resistance from GOP leadership and scepticism in the Senate, where lawmakers involved in last year’s negotiations said appetite to revisit the issue is limited.
- A Nova Scotia-based CO2 removal (CDR) startup specialising in carbon capture for coastal bioenergy and industrial facilities announced Thursday the successful close of its C$4 million ($2.9 mln) equity round, bringing total capital raised to over C$12 mln.
- Thu 17:36Carbon prices fell by the most in nearly two years on Thursday as selling activity built steadily through the day and reached a peak in the late afternoon after further news articles speculated that the European Union was considering moderating the ETS' ambition after 2030 to lighten the cost burden on industry.
- Thu 17:31A US federal judge ruled on Monday that a Texas law barring state entities from investing in or contracting with companies deemed to be “boycotting” fossil fuels is unconstitutional, granting partial summary judgment to a business group challenging the statute.
- Thu 17:27Clean cooking delivery - The Climate & Clean Air Coalition has funded the UK's Loughborough University to carry out a new project called 'Accelerating eCooking Uptake in Africa and South Asia' (ACUASA). The successful applicant will work with the university and the World Bank’s ESMAP - Energy Sector Management Assistance Program team to provide support on developing carbon finance mechanisms for clean cooking under two World Bank programmes, with potential application for Article 6. Closing deadline is Mar. 1, 2026. More info here.
- Thu 17:26Germany's €3 billion state aid scheme to fund clean technology manufacturing received the green light by the European Commission on Thursday.
- Thu 17:24UK emissions fell to 373 million tonnes of CO2e in 2024, a 3% decrease year-on-year, as official data released Thursday showed how sectors’ trajectories continued to significantly diverge.
- Thu 17:18
Chemical reaction - European chemical stocks posted their strongest gains in nearly four years, driven by optimism that the EU may soften its emissions-reduction rules alongside a broader shift toward growth-linked sectors, Bloomberg news reported on Thursday. The Stoxx 600 Chemicals Index jumped 4.8%, with strong gains across major names after a report said the EU is considering extending free CO₂ allowances for energy-intensive industries. Analysts said a potential delay to the planned phase-out of free allocations under the EU emissions trading system would ease a significant cost burden for the sector.
- Thu 17:14The European Investment Bank will lend €3 billion to fund decarbonisation measures that will be paid back via future revenues from the yet-to-be-launched EU carbon market for buildings and transport (ETS2).
- Thu 16:54The engineered removals market saw a downturn in issuance and retirement volumes in January, month-on-month, but there were signs that the market was able to maintain momentum, with data showing that a healthy volume of forward deals and new investments were agreed.
- Thu 16:19Germany has the potential to remove as many as 95 million tonnes of CO2 from the atmosphere each year by 2045 if it pursues ambitious climate policies, according to a new report.
- Thu 16:15The UK government is seeking views on ways it can support the transport of carbon outside of pipelines, which it says is vital to developing carbon capture, utilisation, and storage in disconnected areas.
- Thu 16:15Paraguay this week announced creation of the National Cadastre of Mitigation Projects, advancing detailed plans to transact the country’s first Internationally Transferred Mitigation Outcomes (ITMOs) this year, a senior official told Carbon Pulse.
- Thu 15:28Higher fuel prices inflated by carbon pricing do modestly increase remote working, but the overall associated carbon savings are limited due to occupational and regional constraints, according to a German study.
- Thu 15:27The Liberian government "does not, and will not" plan to impose a carbon levy on international ships entering its ports, it said in a rebuttal to the news last week that it would introduce the non-market mechanism.
- Thu 15:25A carbon standard has released a new methodology for durable biochar for consultation that seeks to align with Paris Agreement Crediting Mechanism (PACM) rules by incorporating a downward adjustment over time within its framework.
- Thu 15:16CCS for ships - The business case for onboard carbon capture on ships is unlikely to stack up for some time without carbon pricing, the CEO of Wartsila Hakan Agnevall told industry publication Lloyd's List. He was referring to the decision by the International Maritime Organisation (IMO) last October to postpone global carbon pricing on shipping for at least a year. Technology group Wartsila has offered a commercial carbon capture solution for maritime since last May, which is proven to reduce vessel emissions by up to 70%.
- Thu 15:13PricewaterhouseCoopers (PwC) has assumed control of clean energy and cookstove company Koko Networks, after the company failed to secure Kenyan project approval and fell into bankruptcy.
- Thu 13:54The rate of atmospheric CO2 increase this year will remain too fast to limit global temperature rise to 1.5C, according to Met Office scientists.
- Thu 13:47UK electricity generators are struggling to prove the carbon intensity of power exported to the EU – now covered by the bloc's Carbon Border Adjustment Mechanism (CBAM) – leading to rising cost exposure and trade disruptions only a month after the scheme kicked in.
- Thu 13:44Major European utility RWE has reported a 10% year-on-year fall in its lignite-fired power output in preliminary generation results published Thursday.
- The Saudi state-backed Regional Voluntary Carbon Market Company (VCM) on Thursday continued its streak of geographic expansion via new alliances, announcing exclusive arrangements with several North American carbon market players.
- Thu 13:29Negotiating tactics - The EU is assessing how to strengthen its approach to future UN Climate Summits by using its trade, finance, and development leverage in the talks, according to an internal EU document seen by Reuters. After frustrations at COP30 in Brazil last year where the bloc struggled to rally supporter for faster and more ambitious action - notably no new global pledges to cut fossil fuel use faster - the EU now wants to up the ante in leveraging its trade and development tools. EU climate ministers will discuss the ideas on Friday at a meeting in Cyprus, which holds the EU's rotating presidency and drafted the document. Some govts also reportedly want a clearer EU line on when to reject future COP deals that it deems too weak.
- Thu 13:24A Philippine coconut farmers’ organisation has signed an agreement with Swiss climate tech company EcoGuard Global to develop a digital platform enabling carbon credit issuance through real-time emissions tracking, the parties announced Wednesday.
- Thu 13:00A new report from Canada’s Senate could kickstart a federal framework for marine carbon removal (mCDR), according to a senator.
- Thu 12:38Costa Rica’s payments for ecosystem services (PES) scheme is setting a global example of how ecosystems can be restored by financing local land stewards, a study using bioacoustics has said.
- Thu 11:50The full picture - The climate crisis could lead to a global financial crash and wipe out entire national economies, according to research from the University of Exeter and Carbon Tracker Initiative. The full risk isn't being factored into current economic models as they fail to account for extreme weather shocks and climate tipping points. These models used by governments and financial institutions forecast that steady economic growth will only be slowed by gradually rising average temperatures but miss the impact of unexpected events. Govts, regulators, and finance managers should pay far greater attention to high impact but low likelihood risks such as the collapse of the Greenland ice sheet, which could threaten the foundations of economic growth and wouldn't be easily bailed out from, the researchers said. (the Guardian)
- Thu 11:01The Integrity Council for the Voluntary Carbon Market (ICVCM) on Thursday announced a new set of decisions for the award of its Core Carbon Principles (CCP) quality labels, adding forestry and rice cultivation methodologies to its roster.
- Thu 11:00The European Energy Exchange (EEX), in coordination with the German Emissions Trading Authority (DEHSt) at the German Environment Agency (UBA), has released the preliminary auction calendar for German national emissions trading system certificates (nEHS) for 2026.
- Thu 10:50Brighter outlook - ArcelorMittal reported fourth-quarter core profit above market projections on Thursday, thanks to lower steel imports into Europe helping to restore profitability to its mills. Shares of the world's second-largest steelmaker rose more than 3% in the first hours of trading, reaching their highest levels since Aug. 2011, and have gained around 25% since the start of the year. The Luxembourg-based company posted EBITDA of $1.59 bln for the quarter, beating analysts' average estimate of $1.51 bln. European steelmakers have welcomed the entry of CBAM from Jan. 1 this year and the expectation of import quotes from July 1, which should help reduce imports and even the playing field for domestic producers. (Reuters)
- Thu 09:14Climate health kick - NHS Trusts in England are making progress towards net zero but a large number still lack clear plans and measurement practices to curb carbon emissions. Some 21% of Trusts lack a clear roadmap to reach the NHS net zero goals and the same proportion aren't tracking their carbon footprint, according to Freedom of Information (FOI) data from 66 NHS Trusts in England released by Schneider Electric. Whilst 26% still depend heavily on fossil fuels. But technology and digitalisation are improving, with 64% using tech to optimise energy use, 64% having upgraded building systems, and 30% having adopted circular business practices. Nine in 10 Trusts have received funds for decarbonisation, with the capital prioritised on upgrading HVAC systems, investing in solar and energy efficiency, and encouraging behaviour change through training.
- Thu 09:03Cruise on by - France has officially scrapped a proposed €15 per passenger cruise tax from its 2026 budget following strong industry opposition and govt disagreement with the Senate amendment. The tax would have applied to each passenger per stopover in French ports - it was unexpectedly adopted by the Senate as part of the draft budget law review but has now been removed from the final legislation. It would have generated an estimated €75 mln for public finances. Cruise liners celebrated its removal, saying they already comply with the EU ETS. (Seatrade Cruise News)
- Thu 08:52Keep it cool - Japan's Shiroki Corporation, which specialises in environmentally friendly building renovations, has developed what it claims to be the world's first carbon offset methodology for the use of heat-insulating paint. The methodology measures CO₂ emissions reductions achieved through the application of Miracool, which can lower indoor temperatures in the summer and thereby reduce energy consumption, the company announced Thursday. Carbon credits generated based on the methodology will be reviewed and issued by Earthstory, an offset issuance platform operated by Tokyo-based Linkhola.
- Thu 08:48The pace of energy transition across the Asia Pacific region will likely hinge on how policy updates shape the landscape of several major markets this year, a webinar heard this week.
- Thu 07:39A Vietnamese project developer said its improved cookstove project in Laos has been approved as eligible under the aviation sector’s global offsetting scheme, making them “among the first in Asia” to secure the designation.
- Thu 07:01Shaky or unclear sentiment in Australia's carbon market does not equate to an unwillingness to invest in emissions reduction or offsetting projects, the government’s green bank told Carbon Pulse.
- Thu 06:41Big batteries being built - Australia's New South Wales government has awarded contracts for six new long-duration projects to strengthen the state's energy grid, it announced. Through a tender run by ASL, the projects have been awarded contracts that provide a revenue underwriting, accelerating new energy infrastructure while protecting consumers, it said while not disclosing financial terms. It is the state’s largest tender for long-duration storage to date, both in terms of total storage capacity and the number of contracts. The projects' storage duration range from 9.1-11.5 hours, with the largest being Neoen Australia's 330 MW/3,500 MWh Great Western Battery. All six batteries are due to be completed by 2030. It follows the closure of the Eraring coal-fired power station being delayed until 2029 over energy security fears.
- Thu 05:58Fertilising reductions - Germany chemical-maker BASF and China’s state-linked fertiliser producer Yunnan Yuntianhua said they have extended their partnership on low-emissions fertilisers in China through 2030, targeting more than 1 MtCO2e emissions cuts by the end of the decade. The companies said verified emissions reductions from their "Limus urease inhibitor project" exceeded 120,000 tCO2e in 2025. The project uses stabilised urea fertilisers that reduce ammonia losses from conventional nitrogen fertilisers, a key source of agricultural emissions. Yuntianhua said it ran 31 field trials and more than 400 outreach events last year to promote adoption among farmers. BASF said it is exploring similar carbon reduction projects with fertiliser makers in other countries.
- Thu 05:49Recent exchanges between the New Zealand government and the Climate Change Commission (CCC) have injected fresh confidence into the country’s languishing emissions trading scheme (ETS), even if near‑term impacts remain limited, market observers said.
- Thu 05:28Adaptation push - France’s development agency Agence Francaise de Developpement has launched a tender to provide technical assistance to the State Bank of India, country's largest bank, to help deploy a climate adaptation tool and build a pipeline of climate-resilient projects, according to a procurement notice published this week. The consultancy will support SBI in meeting adaptation targets under a €100 mln AFD credit line signed in July 2025, which requires at least 30% of funds to go towards climate adaptation investments. The assignment, based within SBI’s ESG and Climate Finance unit in Mumbai, will focus on climate finance expertise and project identification aligned with AFD requirements. Bids are open to individual firms or multiple firms specialising in climate and green finance, with submissions due by Mar. 6, 2026.
- Thu 05:01Potential - Indonesia’s deputy energy minister said the country’s energy transition could unlock around IDR 1.68 ($109 bln) in investment and create more than 700,000 green jobs. He further said the clean energy push could cut emissions by 120-130 MtCO2, while supporting industrial growth across construction, operations, and manufacturing. Financing was flagged as the main constraint, with blended finance seen making projects bankable. The minister said the state budget alone would be insufficient for energy transition.
- Thu 05:01Losing ground - NGO Greenpeace East Asia warned that Hyundai-Kia risks getting left behind in Indonesia’s fast-growing electric vehicle market after its battery EV sales fell nearly 76% between 2023-25, even as national BEV sales surged sixfold. The group said Hyundai-Kia sold just 1,828 BEVs in 2025, down from 7,590 two years earlier, while Chinese rival BYD rapidly gained market leadership following its entry, as it has in many emerging markets it has entered, making the EV-maker world's largest by volumes sold. Greenpeace said the decline reflects Hyundai-Kia’s continued reliance on internal combustion models, warning that the absence of clear ICE phase-out targets in Southeast Asia threatens competitiveness and climate goals.
- Thu 04:00Green light - A green hydrogen project in New Zealand developed by Hiringa Energy has reached financial close, thanks to a NZ$20 mln ($11.6 mln) investment by the government, the company announced. The Kapuni project will use 25 MW of renewable energy to power a 5 MW electrolyser to produce up to 2 tonnes of green hydrogen per day. Hiringa said the hydrogen will be used to supply its fuel operations, as well as augment some of the natural gas feedstock used to manufacture ammonia at the Ballance Kapuni plant. The project will be the largest green hydrogen project in New Zealand so far, according to the company, and is expected begin production in 2027.
- Thu 02:51Macao International Carbon Emission Exchange (MEX) has partnered with an infrastructure provider for the global energy transition markets to expand connectivity across global environmental markets and enhance liquidity, it announced Thursday.
- Thu 01:28East Coast neighbourly - Nova Scotia and Massachusetts have committed to working together on developing their offshore wind sectors, according to CBC. A new MoU signed by Premier Tim Houston and Gov. Maura Healey could see Nova Scotian electricity shipped to the east coast state from the province's 5 GW Wind West project.
- Thu 00:44SAF support - A bipartisan group in the US Senate has introduced the Securing America's Fuels (SAF) Act (S3759), aiming to promote the national sustainable aviation fuel (SAF) industry and reduce transportation sector emissions. The legislation would reinstate the SAF bonus credit that would allow qualifying SAF producers to receive up to $1.75 per gallon, and it would extend the 45Z Clean Fuel Production Tax Credit through 2033. The SAF bonus credit was reduced to $1/g gallon under the One Big Beautiful Bill Act (OBBBA), but was extended by two years to 2027. Companion legislation was introduced by another bipartisan group in the US House of Representatives in December. On Tuesday, the US Treasury released proposed 45Z rules for credit eligibility.
- Thu 00:43Climate team layoffs - The Washington Post sent layoff notices to at least 14 climate journalists, including reporters and editors, as part of a cost-cutting initiative on Wednesday reducing 30% of the staff, or more than 300 journalists. The newspaper will have five writers/reporters left on its climate desk after its former executive editor announced plans to build the Post's coverage to more than 30 climate journalists in 2022, according to sources of the blog Climate Colored Goggles. The layoffs were met with criticism of the Post's owner, Amazon founder Jeff Bezos, for resorting to cutting staff after the newsroom reported a $100 mln loss in 2024, given his estimated net worth of $244 bln.
- Thu 00:25Canadian oil and electricity advocates are asking the federal government to tread carefully as it looks to update its industrial carbon pricing benchmark – or scrap its proposal altogether.
- Thu 00:09
The US standstill - The Trump administration has stalled more than 60 wind and solar projects on federal lands and hundreds on private land requiring federal consultations, with 73 GW of solar capacity at risk according to the The New York Times reported. The restrictions come as US electricity demand surges for the first time in decades.
- Thu 00:09
Skip the demo, please? - SoCalGas, SDG&E, and Southwest Gas petitioned the California Public Utilities Commission (CPUC) on Tuesday to eliminate a 2022 requirement mandating 5% hydrogen blending demonstration projects before recommending a systemwide injection standard for medium pressure distribution systems. The utilities argued the safety case for low-level blends has advanced since the order, citing operational data from Utah demonstration projects and Hawaii Gas's use of up to 15% hydrogen for over 50 years. The petition maintains CPUC requirements for demonstration projects studying 5-20% blends. SoCalGas Vice President Amy Kitson said removing the 5% demonstration requirement would save ratepayers money and time, noting utilities in California and globally have shown blending up to 5% hydrogen can be done safely without modifying customer appliances.
- Thu 00:09Capturing carbon and funding - Wyoming’s top energy agency is recommending nearly $5 mln in state funding to support a carbon capture and storage project that would inject captured CO2 from power plant smokestacks into unmineable coal seams, as part of a broader $11.7 mln slate of proposed energy grants. Laramie-based Carbon GeoCapture would receive nearly $5 mln under the Energy Matching Funds programme to test the storage approach, which the company said could provide a lower-cost option for managing power-sector emissions while also releasing methane gas trapped in coal seams. The project would be matched dollar-for-dollar by utility Black Hills Energy and remains subject to final approval by Gov. Mark Gordon (R), with public comment open through Monday. (News From the States)
- Thu 00:08Wetland carbon gambit - Montezuma Carbon's proposal to inject carbon dioxide from Bay Area facilities into saline aquifers beneath California's Montezuma Wetlands could receive approval within 12-18 months once Solano County approves a test well, Grist reported. The project targets 8 million tonnes stored annually toward California's 13-20 Mt goal by 2030. Technical lead Jamie Rector said the estimated $2 bln project has no financing after the Department of Energy denied a $340 mln grant in 2023. Environmental justice groups formed Communities Against Carbon Transport coalition opposing the facility.
- Thu 00:01China’s clean energy economy continues to grow far more quickly than the wider economy, with relevant technologies contributing to over one-third of China's economic growth in 2025, a report published Thursday has found.
