- Wed 22:44Hydrogen boost – Energy firm Moeve has approved the first phase of a major green hydrogen project in southern Spain this week, the Financial Times reported. Backed by investors Mubadala and Carlyle, the company will invest over €1 bln in the Andalusian Green Hydrogen Valley, including more than €300 mln in EU subsidies. The project will build a 300 MW electrolyser powered by new solar and wind capacity, after securing a key grid connection. Moeve expects hydrogen production to start in 2029. The company said Andalusia’s strong solar and wind resources make the region one of Europe’s few locations capable of producing green hydrogen competitively.
- Wed 21:28Large-scale soil carbon sampling using automated analysis systems could make measuring climate impacts from land management practices economically feasible, researchers said during a webinar on Tuesday.
- Wed 21:00The US Supreme Court’s (SCOTUS) recent decision striking down President Donald Trump’s (R) use of emergency powers to impose sweeping tariffs has narrowed the executive branch’s unilateral trade authority and could increase interest from lawmakers to pursue statutory trade tools – including border carbon adjustments (BCAs).
- Wed 20:10
Not wasting time – Norway and Jordan have advanced their climate collaboration, signing a new agreement to reduce waste sector emissions in the Middle Eastern country under Article 6, the Norwegian government announced Wednesday. The countries have a pre-existing Article 6.2 bilateral agreement under Norway’s NOGER initiative, dating to Nov. 2024. The new programme will help Norway achieve its 2030 climate target, according to Norwegian Minister for Climate and Environment Andreas Bjelland Eriksen. Jordan also recently registered the Middle East’s first project under the Paris Agreement Crediting Mechanism (PACM), a landfill gas project which has transitioned from the Kyoto-era Clean Development Mechanism (CDM).
- Wed 18:26A Moroccan nature-based solutions (NbS) project last week registered with Verra, becoming the first large-scale NbS project in the Middle East and North Africa (MENA) region to achieve registration under a major carbon standard, the developer claims.
- Wed 18:20Local climates - A UK local council has scrapped a goal to become carbon neutral by 2050 after its leader deemed it "completely unachievable", according to the BBC. It comes after financial concerns were raised over how the net zero target would be reached at a Lincolnshire County Council meeting on Tuesday, which was disrupted twice by environmental protestors. The carbon neutral target was put in place by the previous Conservative-led administration in 2021, but the new council, led by climate-sceptic party Reform UK, said it placed a financial burden on council tax payers.
- Wed 17:46The European Commission will use proceeds from the sale of 20 million EU Emissions Trading System (ETS) allowances under the Innovation Fund to finance maritime decarbonisation through 2030 and may consider creating a dedicated ETS mechanism for the sector, it announced Wednesday as part of a new maritime and ports strategy.
- Wed 17:33EU carbon prices fell for the first time this week on Wednesday to test a key support level amid a wider sell-off in energy markets after US President Donald Trump pledged to insure and escort vessels transiting the Strait of Hormuz, and reports emerged suggesting Iran is willing to discuss a ceasefire.
- Wed 16:59A durable carbon removal (CDR) monitoring and purchasing platform has announced a multi-year deal with a US-based aerospace giant to source at least 40,000 CDR credits, building upon prior announcements in the aviation sector.
- Wed 16:20A large carbon financier is on the verge of owning its portfolio “outright” after recovering from a challenging period, dismissing reports it had been put up for sale.
- Wed 15:53SEFA to say - Africa’s flagship clean energy fund, the Sustainable Energy Fund for Africa (SEFA) run by the African Development Bank, plans to more than double its financing to $2.5 bln over the next two years, reflecting growing momentum behind the continent’s energy transition. Contributions to the fund rose to $88 mln in 2025, up from $54.3 mln the previous year, largely from EU countries such as Germany and Italy. SEFA provides concessional loans and technical support to renewable projects, helping mobilise private investment. Since its creation it has attracted about $1 bln in commercial capital and aims to mobilise over $10 bln by 2030. Recent projects include renewable power, mini-grids, and green hydrogen initiatives, expanding electricity access across several African countries. (AP)
- Wed 15:47The Building Modernisation Act presented by the German government last week would lead to significantly higher greenhouse gas emissions from buildings – and therefore increase pressure on the future EU ETS2 price – a German non-profit said on Wednesday.
- Wed 15:47Waste not... - Germany plans to scrap the legal deadline for selecting a permanent nuclear waste storage site, acknowledging that the current 2031 target is unrealistic, as reports Clean Energy Wire. A draft bill from the environment ministry argues that strict deadlines do not suit the highly complex process of identifying a safe long-term repository for highly radioactive waste. Germany shut down its last nuclear power plants in 2023 but must still manage decades of accumulated nuclear waste. Earlier assessments suggested the site selection process could extend into the 2070s, reflecting the technical, geological, and political challenges involved in safely disposing of radioactive materials.
- Wed 15:44Twice as fast - Britain should double down on net zero and renewable energy to reduce exposure to volatile global oil and gas markets, UK Business Secretary Peter Kyle said after Middle East tensions drove sharp rises in energy prices, The Telegraph reports. He argued expanding wind and solar would strengthen energy sovereignty and protect the UK from geopolitical shocks. However, critics warn that green levies and grid upgrades linked to net zero policies are pushing bills higher. The government also faces pressure to support North Sea oil and gas production to improve energy security, while ministers maintain that domestic fossil fuel output cannot meet the UK’s long-term energy needs.
- Wed 15:43Bottlenecks and bureaucracy - Europe attracted $202 bln in renewable energy infrastructure investment last year - nearly half of the global total - highlighting the scale of its green energy expansion. However, new data shows that inefficient procurement processes are creating a major bottleneck, slowing the rollout of projects despite the large influx of capital, Edie reports. Administrative complexity and delays in contracting and approvals are limiting Europe’s ability to translate investment into operational renewable capacity. As a result, the continent’s ambitious clean energy targets risk being undermined unless procurement systems are streamlined to accelerate project delivery and ensure investments lead to timely infrastructure development, according to the study.
- Wed 15:35Power talks - EU leaders will ask the European Commission to propose measures to lower electricity prices at a summit in Brussels on Mar. 19, Bloomberg has reported, based on a draft statement. Governments want a review of all components of wholesale and retail power prices as high energy costs strain European industry and contribute to factory closures amid competition with cheaper energy in the US and China. Concerns are also rising due to geopolitical tensions pushing up oil and gas prices. Leaders will additionally call for a review of the EU carbon market to reduce price volatility and limit its impact on electricity costs, while maintaining its key role in encouraging investment in clean energy. There was no clear indication that any detailed EU ETS measures were included in the leak, per the reporting, but that nations want to reduce carbon price volatility and its impact on electricity prices, while preserving the essential role of the market in the climate and energy transition.
- End-user demand across the voluntary carbon market (VCM) was strong in February, with over 25 million credits retired, a level not seen for a year, while prices for those eligible to be used under the CORSIA international aviation offsetting scheme took a tumble as analysts noted that a steady stream of supply may finally be on the cards.
- Wed 14:48The rain in Spain – A Spanish research team says it has invented a hybrid solar panel that turns raindrops into electricity, reports ZME Science. Researchers at the Institute of Materials Science of Seville in Spain have patented thin film that generates 110 volts from a single raindrop’s impact. By applying a specialised Teflon-like film just 100 nanometers thick to a high-efficiency perovskite solar cell, the researchers have created a panel that harvests light when it’s sunny and kinetic energy when it pours. When a droplet strikes and slides across the specially treated surface, it creates friction and has a charge difference. A droplet may leave behind a positive ion while the surface is negatively charged. The charge is then harvested and converted into electricity.
- Wed 14:43Internal carbon pricing (ICP) can help companies manage transition risks, guide capital allocation, and strengthen financial resilience as carbon costs grow increasingly material, according to a report published Wednesday.
- Wed 14:37Leading industry and financial organisations have put their names to a joint letter calling for the European Commission to respect the integrity of the EU Emissions Trading System (EU ETS), urging policymakers not to repeat "mistakes" made during the 2022 energy crisis.
- Wed 13:22The UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) risks delaying real emissions cuts and weakening incentives for clean fuels, an advocacy group said in a briefing published ahead of the EU’s upcoming review of aviation rules under the bloc's Emissions Trading System (ETS).
- Wed 12:27EU sets the ball rolling for ‘lead markets’ in low-carbon products in new Industrial Accelerator ActThe European Commission unveiled its proposed Industrial Accelerator Act (IAA) on Wednesday, setting new obligations for member states to buy low-carbon and EU-made clean tech products, but leaving detailed ‘Made in EU’ requirements until later.
- Wed 11:24Geothermal champions - The UK's National Geothermal Centre (NGC) has launched a nationwide call for industry leaders and emerging experts to become official champions of the sector, in a bid to accelerate geothermal energy in Britain. Geothermal energy could deliver up to 10 GW of heat and 1.5 GW of electricity to UK homes and business by 2050 - helping to cut emissions, boost energy security, and create around 50,000 skilled jobs, said NGC in a statement on Wednesday. The non-profit plans to work closely with govt, industry, and communities to support projects from early feasibility through to operational delivery. It seeks to appoint a range of voluntary NGC champions from across academia, industry, policy, and the wider energy sector for a three-year tenure, who will contribute insight and expertise to help inform industry guidance, policy engagement, and technical outputs. Interested candidates are invited to send a cover letter (max two pages) and CV (max three pages) to [email protected] before the deadline of Mar. 23. Expected commitment will be around 5 hours per month and the successful cohort will be announced later this year.
- Wed 11:13Italy and France criticised the European Commission’s proposed temporary fund to support exporters at risk of carbon leakage, calling it insufficient, and urged a revision of the EU carbon market to improve price stability and predictability, according to a joint statement on Tuesday.
- Wed 11:11More than 85 companies including shipowners, ports, and fuel producers have signed a joint statement calling on member states of the International Maritime Organization (IMO) to adopt the Net-Zero Framework this year, which sets out a global carbon price for shipping.
- Swiss authorities have issued new guidance clarifying how companies may use climate-related claims such as “carbon neutral” in marketing and product information, in a move aimed at strengthening consumer protection and limiting greenwashing.
- Wed 10:47Following a surge in TTF natural gas prices as war in the Middle East has escalated, analysts have estimated that increased fuel-switching to coal-fired generation could add 25 million tonnes of emissions covered by the EU ETS across the final nine months of 2026.
- Wed 10:40A global racing team has invested in about 18,900 tonnes of CO2e carbon removals across a number of pathways in a bid to reach its 'race team control' net zero target by 2030.
- Wed 10:38Carbon standard to build India’s first digital marketplace for household-based clean energy projectsA standard has secured a local partners to establish what it claims to be India’s first digital carbon marketplace for household and livelihood-based clean energy projects.
- Wed 05:00Storage cash – Norwegian startup Photoncycle has raised €15 mln in a Series A fundraising to scale its solid-state hydrogen-based seasonal energy storage, it said in an emailed press release. Led by investors NordicNinja and Voima Ventures, the cash will be used to support commercial rollout in Denmark and Norway of the company’s storage solution, which allows the storage of solar power from summer to be used in winter, it said. The company will also proceed with the first phase of an industrialisation plan, which includes a manufacturing facility with the capacity to produce 1.4 TWh of storage solutions annually.
- Wed 04:30Microplastics accumulating in terrestrial soils could significantly alter how carbon is stored and released from land ecosystems, with implications for climate mitigation strategies and carbon accounting, according to new research.
- Wed 03:42This year's COP31 will play a crucial role in establishing a framework for the second Global Stocktake (GST2) in 2028, as well maintain momentum on climate action in a fracturing geopolitical landscape, a think tank said in a briefing published Tuesday.
Wind-ing up - Nova Scotia wind and hydrogen company EverWind Fuels secured C$240 mln ($175.5 mln) in financing from New York-based Nuveen Infrastructure Credit to build four onshore wind farms totalling more than 650MW of capacity. The projects will power a green hydrogen and ammonia plant in Richmond County, Nova Scotia. Global News reported the first phase is projected to produce 200,000 tonnes of clean ammonia per year, with first wind energy expected to flow in 2028 and the hydrogen plant to follow. A consortium led by Membertou First Nation holds 51% ownership in the wind portfolio, with Paqtnkek and Potlotek First Nations also partners. EverWind has not yet signed a hydrogen customer, though Germany has expressed interest in Canadian exports.
CP Daily News Ticker: 4 March 2026
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