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TOP STORY
DATA DIVE: Fuel switching keeps support for EUAs in face of looming recession, political intervention
EU coal-fired power is set for a boost in 2026 and should maintain demand for EUAs even while global recession fears mount and Brussels mulls political intervention in the bloc’s ETS, as surging natural European gas prices due to war in the Middle East have weakened that fuel’s electricity generation margins, according to profitability spreads and market analysts.
DAILY NEWS TICKER
CP Daily News Ticker: 9 March 2026
The CP Daily News Ticker is a running list of all our news updated in real-time throughout the day. This is also the home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
EMEA
France seeks CBAM derogation for its overseas territories
France has called for its overseas territories to be exempted from the EU’s Carbon Border Adjustment Mechanism (CBAM) fees on certain products, arguing that the measure would otherwise disproportionately impact their economies.
EU methane rules could spike oil and gas prices, analysts warn
The EU’s new methane emissions regulation, due to apply in 2027, risks triggering extreme gas price spikes, widespread coal-switching, and oil refinery closures – unless policymakers urgently “stop the clock”, according to a study published on Monday.
Euro Markets: EUAs remain locked in narrow range as energy markets pare massive opening gains
European carbon traded in a narrow range even as energy prices opened significantly higher on Monday before drifting lower, after more Middle Eastern energy production was shut in amid the continuing Iran conflict, with EUA prices caught between the opposing forces of fears of a regulatory watering-down of the EU ETS price, and the fundamental pull of increased coal burn in Europe’s power fleet.
Success of EU’s ETS2 hinges on complementary policies to ensure social fairness -EEA
The EU’s incoming Emissions Trading System for road transport and heating (ETS2) will drive bigger emission reductions and spur the shift to cleaner fuels and technologies – as long as it comes alongside early financial support for the most vulnerable, national policy backing, and clear communication, according to the European Environment Agency (EEA).
Middle East conflict could reshape region’s CCUS outlook -analysts
Escalating conflict in the Middle East and the resultant energy disruption could upset the region’s carbon capture, utilisation, and storage (CCUS) projects, with CO2 capture capacity by 2030 almost halving as a result, analysts have forecast.
Swiss say no to climate and nature fund
Only 30% of Swiss voted in favour of a national climate and nature fund over the weekend, with the majority rejecting the idea to invest 0.5-1% a year of the country’s GDP in environmental protection measures.
Austria targets carbon cost pass-through in power prices
Austria wants to improve transparency about which power plants set EU electricity prices and how Emissions Trading System (ETS) costs affect them, so countries can then opt to reduce the carbon price pass-through to lower electricity prices.
Spain could erase nearly 70 MtCO2/yr by mid-century with ambitious CDR policy push -analysis
Spain could erase nearly 70 million tonnes of CO2 per year through removal methods by mid-century under an ambitious deployment scenario, according to new research assessing the country’s capacity to scale the nascent technology as part of its net zero pathway.
Central African Republic aims to reduce GHG emissions 17% by 2035 in new NDC
The Central African Republic aims to reduce greenhouse gas emissions 17% by 2035 compared to business as usual, contingent on international finance and technological support, according to its third Nationally Determined Contribution (NDC) submitted to the UN.
AMERICAS
FEATURE: A few design choices could define Colombian ETS, but guiding objectives unclear
Outstanding design choices for Colombia’s ETS (Spanish: PNCTE) could put the scheme on several paths – but selecting the right one is tricky due to the lack of a clear policy direction, experts have told Carbon Pulse.
LATAM Roundup: A packed carbon markets agenda for 2026
The year 2026 marks the launch of new carbon policies and decarbonisation markets in Latin America, as per reporting last week.
25 Republican states seek to join court fight over US EPA’s rescission of endangerment finding
A coalition of more than two dozen Republican US states has moved to intervene in a federal court challenge to the EPA’s decision to rescind its 2009 endangerment finding, arguing the case carries significant economic and constitutional implications for states.
California climate disclosure rule could reorder corporate carbon rankings, redirect capital -study
Mandatory disclosure of full corporate emissions under a California climate law could significantly reshape how investors compare companies’ carbon performance and reallocate capital across sectors, according to new academic research.
RGGI Market: RGAs maintain support above $24 ahead of Q1 auction
RGGI Allowance (RGAs) futures moved about 2% higher last week, holding above the $24 mark ahead of the programme’s Q1 auction on Wednesday.
Canadian platform, Indigenous cooperative launch alliance to advance carbon credit pathways tied to oil, gas
An Alberta-based carbon credit platform and an Indigenous cooperative have formed an alliance to develop pathways aimed at decarbonising the province’s oil and gas assets for global markets.
ASIA PACIFIC
FEATURE: Singapore’s SAF levy unlikely to impact demand for CORSIA credits
Singapore’s upcoming levy on airline tickets to fund sustainable aviation fuel (SAF) purchases is seen largely as a market-creation signal rather than a policy that can deliver major emissions cuts in the near term, with limited impact on airlines’ demand for CORSIA carbon credits, according to experts.
Landmark ag-based renewable natural gas project to generate ACCUs
Australia’s first agriculture-based renewable natural gas (RNG) project is set to earn carbon credits when operations commence.
Australia’s New South Wales opens A$80 mln decarbonisation grant funds
The New South Wales state government is offering A$80 million ($56 mln) in fast-tracked grant funding to reduce industrial emissions, it announced Monday.
Japan revises five methodologies under J-Credit scheme
Japan has revised five methodologies under its domestic J-Credit carbon offset scheme, updating rules for agricultural methane reductions, biochar soil carbon, and energy-efficiency technologies.
Internal carbon pricing targets Scope 2 emissions inefficiency but misses Scopes 1 and 3 -Japanese study
Japanese companies’ use of internal carbon pricing has had only a limited impact on their overall carbon efficiency, improving performance mainly in electricity-related emissions rather than direct or supply chain emissions, according to new research analysing major firms’ climate disclosures.
VOLUNTARY
VCM Report: Voluntary carbon prices slip lower as buying appetite dries up rise amid oil spikes
CORSIA prices stabilised last week, but there was a general-sell off in much of the avoidance complex amid uncertainty about the impact of the war in the Middle East on the economy.
INTERVIEW: Engineered carbon removals to meet a tipping point in 2026, says standard chief
An increase in high-quality and large-scale carbon dioxide removal (CDR) credit supply, growing buyer participation – even speculators – and the emergence of financial and technological infrastructure suggest the engineered removals market may be approaching a turning point, according to the president of a leading carbon removals standard.
GCC opens consultation on digital validation standard for energy access carbon credits
Qatar-based Global Carbon Council (GCC) has launched a public consultation on a new validation and verification framework designed to support carbon credit generation from energy access projects, including clean cooking and distributed renewable energy systems.
CDR MONTHLY DATA: Investment falls but retirements edge up with market showing signs of maturity
The engineered carbon removals (CDR) market saw a softening in investment and fewer forward purchase deals in February, with biochar projects again dominating new issuance and retirements, according to registry data and figures from two analytics firms.
Super pollutants must be mitigated as a part of CDR efforts for consistent climate impacts -report
Corporations can achieve immediate and long-term climate benefits by strategically pairing super pollutant abatement with carbon removal (CDR), according to a report by a carbon management platform.
INTERNATIONAL
Carbon registry updates Article 6.2 procedures, methodologies as it submits CORSIA application
A carbon crediting registry has released updated Article 6.2 procedures for projects seeking eligibility for international transfers of mitigation outcomes (ITMOs), including potential use under CORSIA, alongside an updated list of approved methodologies.
Paris Agreement reporting framework could help align biodiversity, climate plans -study
A reporting framework established under the Paris Agreement provides an opportunity to improve coordination between climate and biodiversity agendas, according to a new paper.
Steel companies’ assets put sector off track for net zero by 2030, study finds
The global steel industry is unlikely to align with net zero emissions pathways this decade, even under optimistic assumptions about technology deployment and electricity decarbonisation, a new analysis of plant-level data has found.
Energy storage capacity rose nearly 50% in 2025, but financing pressures mount -report
Global installations of long-duration energy storage (LDES) exceeded 15 GWh in 2025, rising 49% from the previous year, though the declining investment and strong competition from lithium-ion batteries is creating growing challenges for the sector, according to analysis released Monday.
SHIPPING
FEATURE: Global carbon price for shipping faces hammer blows from counter proposals
The adoption of a global carbon price for shipping is now in question, as some countries are proposing a new Net-Zero Framework (NZF) that would remove the financial levy and weaken incentives for clean fuels.
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EVENTS
Carbon Capture Europe Summit 2026: Mar. 11-12, Rotterdam – Carbon Capture Europe Summit 2026 (#CCES2026) is Europe’s leading event on carbon capture, utilisation, and storage (CCUS), taking place on 11-12 March 2026 in Rotterdam. The summit will gather over 600 senior executives and decision-makers from government, industry, and finance. The conference will explore how to scale Europe’s CCUS ecosystem by advancing regulatory frameworks, unlocking cross‑border CO2 transport and storage, commercialising capacity, and accelerating innovation in hard‑to-abate sectors. Across 2 days of expert-led strategic sessions, exhibition, and networking, CCES2026 provides the perfect opportunity to gain insights from industry leaders, forge partnerships, and connect with professionals across the CCUS value chain. Use code CCES10CP to register
North American Carbon World (NACW): Mar. 31-Apr. 2, San Diego – For more than 20 years, NACW has been the must-attend event for market participants looking to gain actionable insights into policy shifts and market trends, network with climate policy and business leaders, and grow and strengthen carbon markets with integrity and ambition. Hosted by the Climate Action Reserve, the 2026 conference will offer a critical forum for meaningful collaboration and timely discussions exploring market innovations in technology, the evolution of standards, the growing role of finance, and foundational topics such as permanence. Register here
Carbon Capture MENA Summit: Apr. 1-2, Dubai – The Carbon Capture MENA Summit 2026 (#CCMS2026), taking place in Dubai on 1–2 April 2026, is MENA’s leading CCUS event. Bringing together 500+ industry leaders and 80+ visionary speakers, the summit will focus on fit-for-purpose CCUS policies, decarbonisation applications, breakthrough innovations, carbon markets, and infrastructure development. Together, we’ll accelerate MENA’s leadership in scaling CCUS solutions and shaping a sustainable energy future. Join us to drive the next chapter of CCUS innovation and impact. Find out more
European Climate Summit 2026: Apr. 14-16, Barcelona – To kick off its annual regional Climate Summit series, IETA looks forward to welcoming delegates to the flagship European Climate Summit (ECS) 2026, taking place at Casa Llotja de Mar in Barcelona, Spain. ECS takes place amid a rapidly changing geopolitical landscape, even as carbon markets continue to mature and expand. A new political cycle for EU climate action has begun, and the task of preparing carbon markets for their next stage presents both new challenges and opportunities. In this dynamic context, competitiveness, integrity, and innovation will be at the heart of the discussion. ECS provides an excellent opportunity to engage with policymakers, business leaders, and climate market pioneers who are shaping the future of carbon markets. Organised by IETA, ECS is an in-person event. Register here
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JOB LISTINGS THIS WEEK
- *Environmental Markets Correspondent, Carbon Pulse – Toronto/Vancouver
- *Asia-Pacific Environmental Markets Correspondent, Carbon Pulse – Remote
- EU Policy Director, IETA – Brussels
- Director, Registry Operations, ACR/Winrock – Remote (US)
*Premium listings
See all listings or post a job
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