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- Sun 23:01Ten of the world's largest public reporting shipping companies avoided paying $4.3 billion in additional taxes in 2024 due to the sector's privileged tax regime – enough to cover more than 30% of the annual carbon pricing proposed for the sector, according to a non-profit.
- Sun 21:00Long-awaited legislative reforms to Australia’s carbon market will not be interrupted by the ongoing energy crisis, as the government looks to better integrate the scheme with other policies, according to Assistant Minister Josh Wilson.
- Sat 01:49Microsoft has suspended its carbon removal (CDR) buying programme, according to several sources, in a move that threatens to upend a nascent but fragile market heavily reliant on the tech giant’s demand.
- Fri 23:59
Fill 'er up... never - The US-Iran conflict has turbocharged global EV adoption, with SNE Research now projecting EVs will exceed half of new car sales by 2030 - ahead of its prior forecast by 9 pct, pts - as fuel price spikes reshape consumer economics. The firm revised its 2026 penetration estimate to 29% from 27%, with 2027 now seen hitting 35% versus an earlier 30%. Separately, SNE data showed non-China global EV deliveries reached 1.1 mln units in Jan.-Feb. 2026, up 18.4% YoY, though regional trends diverged sharply: Europe and Asia (excluding China) maintained growth while North America posted a double-digit decline following the expiration of US Inflation Reduction Act (IRA) federal EV tax credits. By automaker group, Volkswagen led non-China deliveries with 173,000 units, followed by BYD with 117,000, and Tesla, which slipped to third after a 1.1% decline to 113,000 units. BYD posted 80.5% growth in Asia and 104.1% in Europe during the two months, while Tesla dropped 13.1% in North America and 6.6% in Europe, per SNE. On batteries, CATL expanded its global market share to 42.1% from 38.7% in the first two months of 2026, while South Korean rivals LG Energy Solution, SK On, and Samsung SDI saw their combined share fall 2.2 pct. pts to 15%.
- Fri 23:53Maritime decarbonises – Brazilian mining company Vale and Chinese Shandong Shipping Corporation have signed an agreement for a new fleet of ethanol-powered Guaibamax vessels — large bulk carriers designed to transport iron ore — with deliveries set to begin in 2029, the companies said in a press release. According to the firms, this marks the first use of ethanol as the primary fuel for an ocean-going vessel in the maritime sector. The project could cut carbon emissions by around 90% compared to conventional heavy fuel oil used in shipping, and aligns with ongoing discussions at the International Maritime Organization (IMO).
- Fri 23:46A worsening global energy shock triggered by the Middle East war is reinforcing calls to accelerate a managed fossil fuel phaseout, with more than 50 countries set to use the upcoming Santa Marta conference as an implementation-focused platform.
- Fri 18:58eFuel founding - The launch of eFuels SEA, a new platform dedicated to advancing electrofuel projects throughout Southeast Asia, was announced Friday. The company will utilise Infinium's ultra-low carbon eFuels technology to develop and deploy commercial-scale production facilities across the region. With headquarters in Singapore, the new company intends to developer eFuel production facilities that convert captured CO2 and renewable power into drop-in sustainable aviation fuel (eSAF) and other ultra low-carbon products.
- Fri 13:06Trading on Indonesia’s carbon exchange rebounded in March after February saw a sharp slump, driven by a rise in credit retirements, bourse data showed Friday.
- Fri 13:03First production of new hydrogen-powered portable cookers that aim to generate voluntary carbon credits and promise zero CO2 emissions is due to begin in the third or fourth quarter of this year, the developer confirmed on Friday.
- Fri 11:57Liquidity in China's national emissions market remained relatively low over the past week, as the lack of policy clarity on the current compliance cycle continues to drain demand.
- Fri 09:52A major supplier in the global tech supply chain has tapped into nature-based carbon, starting with a mangrove restoration project in Vietnam.
- Fri 09:51An Australian miner of iron-ore is fast-tracking what it called a city-scale renewable energy grid to run its iron ore operations without fossil fuels, targeting full elimination of diesel and other fuels by 2028.
- Fri 06:42Still rising - India is targeting a roughly 25% cut in steel sector emissions over the next decade under a draft “National Steel Policy 2025”, while planning to more than double output, according to Reuters. The policy aims to reduce emissions intensity to 2 tCO₂ per tonne of finished steel by 2035-36, from current levels of about 2.65 tonnes, which are already significantly above the global average. Steel accounts for 10-12% of India’s total emissions. Measures will include boosting gas-based production, increasing scrap use, and securing overseas gas supplies, alongside incentives for emissions cuts, like the country's upcoming emissions trading scheme. India also plans to expand crude steel capacity to 400 Mt by 2035-36, up from around 168 Mt currently, which is expected to raise overall emissions even as intensity declines. The strategy could also have come in part amid pressure from the EU’s carbon border tariff.
- Fri 06:42Barriers - Bangladesh’s fuel shortages and resulting long queues at petrol stations are pushing consumers towards electric vehicles, but high costs and weak charging infrastructure continue to slow adoption, Climate Home News reported. Sales of e-bikes and three-wheelers have risen amid the crisis, with dealers reporting stronger demand in Dhaka. However, EVs still account for less than 1% of new vehicle sales, lagging even regional peers due to limited policy support and infrastructure gaps. Consumers in the report cited range limitations, long charging times, and high upfront costs as barriers.
- Fri 06:42Bye diesel - Indonesia plans to shut 13 diesel-fired power plants as part of a broader push to cut fuel imports and accelerate its energy transition, EcoBiz Asia reported, citing President Prabowo Subianto. The closures target facilities operated by state utility PLN and are expected to reduce diesel imports by up to 200,000 barrels per day, around a fifth of current levels. The move forms part of a wider strategy to transition from fossil fuels, with the Southeast Asian country targetting 100 GW of renewable energy. The diesel plant shutdowns are also seen as important to achieving energy security, the president added.
- Fri 06:09A Malaysian oil and gas company has joined a carbon offsetting programme run by Shell to balance emissions linked to its fuel operations, it said this week.
- Fri 03:15The Sultanate of Oman has become the 32nd country to establish a partnership with Japan under the Joint Crediting Mechanism (JCM).
- Fri 01:27Verra has released updated guidance for projects seeking to apply Article 6 and/or UN aviation offsetting scheme CORSIA labels to carbon credits generated under its Verified Carbon Standard (VCS) Programme, it announced Thursday.
