Energy supply security remains exposed to a small number of routes, where physical blockages and 'paper chokepoints' such as insurance withdrawal can rapidly tighten markets and risk amplifying fossil-based vulnerabilities, concluded new analysis.

Major oil and gas and mining companies are prioritising operational emissions reductions while providing limited clarity on capital allocation and production shifts, according to new data covering companies worth more than $2.8 trillion.

None of the world’s major steelmakers are currently ready to transition to near-zero-emissions production, with fresh investments in coal-based blast furnaces and minimal progress on “green iron” leaving the sector far off a Paris-aligned pathway, according to a new assessment released Tuesday.

The global energy shock is bolstering the business and security case for renewables and electrification even more than previous crises – yet there is still concern that some politicians will double down on speedier fossil fuel alternatives to quell higher costs of living.

CORSIA prices ticked higher last week, reflecting the market having found a wide trading range either side of $13, and there were signs that airlines are now readying to retire for compliance.

Mazda NZ drops green claim - Mazda New Zealand has removed a claim from its website that planting five trees per vehicle would “mitigate any environmental impact from CO2 emissions” over a five-year warranty period, following a complaint filed earlier this month by Lawyers for Climate Action NZ. The Advertising Standards Authority accepted the complaint, but closed the case as settled after Mazda New Zealand withdrew the statement tied to its partnership with Trees That Count.

Japan forest deal - Japan-based automaker Suzuki Motor Corporation has signed an agreement to purchase locally generated Forest J-Credits from Tenryu Forester, marking the first issuance of such credits from Japan’s Hamamatsu region, the company said last week. The credits were created through forest management activities in the Tenryu area, historically known for timber production but facing pressure from imports and demographic decline. Suzuki said the deal supports conservation of local forests while contributing to its goal of achieving carbon neutrality across its domestic operations by FY2035, with plans to expand use of locally generated credits.

An investor coalition has urged the Australian government to accelerate policy reforms to unlock capital for the energy transition, warning that a shortage of investable projects is now the single biggest barrier to progress.

Carbon capture capacity globally that begun operating or construction over the last year was over 10% higher than the preceding one, while storage capacity increased by around 25%, according to the International Energy Agency's (IEA) latest update.

Macao International Carbon Emission Exchange (MEX) has partnered with an environmental company to promote the international trade of Brazilian biodiversity credits, in a move that further signals its interest in this emerging market.

Integrity premiums are emerging in Australia’s carbon market, with higher-quality credits commanding sustained price differences, while project-level risks remain uneven, a recent analysis has found.

An Australian oil and gas producer has withdrawn plans for a large carbon capture and storage (CCS) project, it said on Monday.

A group of scientists have called for tougher action on methane emissions, including better monitoring and reporting, and for more countries to include methane reduction plans within their legally binding climate targets. 

A new guide that aims to help governments safely test emerging carbon market approaches has launched, as policymakers face growing pressure to unlock climate finance while maintaining market integrity.

Greenlighted - Japan's environment ministry has selected three feasibility studies that evaluate project development potential under the Joint Crediting Mechanism, the regulator said Monday. Those proposals include assessments for a wastewater treatment facility in Indonesia, a heating system in Kyrgyzstan, and a steam management system in India. Conclusion of contracts for those feasibility studies is conditional upon the approval of the FY2026 budget.

Low carbon prices and the government’s lack of understanding of market dynamics has created an uncertain atmosphere in New Zealand’s ETS, according to a forestry leader, saying participants will likely need to hunker down until there's a change in government.

Have a rethink - Greenpeace has urged the South Korean government to redesign the national electricity plan and stop replacing retiring coal with LNG, as the blockade of the Strait of Hormuz has exposed the fragility of the country's power mix. LNG prices are determined by the global market, and price shocks are passed directly to consumers, even if physical supply can be secured from the US or Australia, the non-profit said. Greenpeace called for a concrete roadmap to 100 GW of renewable capacity by 2030 to build a more resilient power system. LNG shock from the closure of Hormuz Strait could raise emissions in Asia, analysts told Carbon Pulse.

Four key themes helped move agricultural soil carbon from a nascent category to the high-integrity climate solution that it is today.

A Seoul-headquartered carbon trader and project developer has appointed a new CEO, with plans to expand its presence in the international voluntary carbon market.

Blue green - Japanese developer Green Carbon has signed an MoU with Indonesian NGO PT Pesisir Indah Lestari to collaborate on mangrove restoration and emissions reduction projects. The partnership will assess at least 1,000 ha for restoration, estimate blue carbon stocks, and project sequestration over up to 35 years. The five-year agreement will also emphasise local community engagement and sustainable development alongside biodiversity protection, the companies said.

H2 ships - Japan Engine Corporation and Kawasaki Heavy Industries said they have achieved the world’s first hydrogen-fuelled operation of a large marine engine in a factory setting. The firms, alongside Mitsui OSK Lines, are developing a hydrogen-powered vessel under a Japanese government-backed programme. They said the engine has reached over 95% hydrogen co-firing at full load, showing emissions reduction potential.

Port credits - The VOC Port Authority in India’s Tamil Nadu has began generating carbon credits from its renewable energy portfolio, targeting revenue of around $5.3 mln through the monetisation of emissions reductions, it has announced. One of India’s 13 major ports and an important gateway for the nation’s southern region, it plans to generate carbon credits by adopting sustainable practices such as renewable energy use, energy efficiency measures, and reduced fossil fuel consumption across its operations. The port has registered five renewable projects under for the generation of carbon credits, with a collective installed capacity of 12.4 MW, it said.

A Japanese startup dedicated to direct air capture (DAC) solutions has secured several new partners for its pilot projects, including a demonstration for the agriculture sector.

Australian carbon prices weakened at the end of last week as Safeguard entities wrapped up their compliance buying even as the market awaits the finalisation of key methods and future policies.

Fuel swap - The Australian Renewable Energy Agency (ARENA) is investing up to A$25.3 mln ($17.3 mln) to support NewVolt in building three open-access fast-charging hubs for electric trucks across Melbourne, enabling 50–100 electric freight vehicles in the project’s first phase, it announced. The project aims to overcome key barriers to electrifying heavy freight—particularly high upfront costs and lack of charging infrastructure—while helping decarbonise one of Australia’s most emissions-intensive transport sectors. It is expected to improve energy security by reducing reliance on imported diesel and instead powering freight with locally generated renewable electricity, with the first hub due to open in late 2026, according to the agency.

Solar recycler - The Australian government has launched a tender for an operator to deliver its solar PV panel recycling scheme. The pilot aims to collect up to 250,000 panels from around 100 sites, with the government committing A$24.7 mln ($16.9 mln) over three years to go towards its operation. Canberra is touting the scheme as a critical step towards reducing solar panel waste, recovering valuable materials, and supporting Australia's clean energy transition.