Jet set fuel - California-based Captura, a carbon removal startup, and Quebec-based SAF+ International Group, a sustainable aviation fuel (SAF) developer, are planning a commercial electro-SAF plant at the Port of Port-La Nouvelle in France. The facility is targeting 75,000 tonnes of annual eSAF production by combining green hydrogen with captured CO2, with project partners including BBA Consultants and Schneider Electric. SAF+ said the project is intended to help meet ReFuelEU requirements from 2030, while producing fuel that can reduce emissions by up to 90% compared with kerosene or conventional diesel and jet fuels. The companies said eSAF is compatible with existing aviation and transport infrastructure, offering a liquid fuel pathway for sectors such as aviation and shipping.

The EU’s top climate official ruled out the use of international credits as a compliance tool in the bloc’s Emissions Trading System (ETS), during a panel on Wednesday.

Global airline trade body International Air Transport Association (IATA) has launched a deferred payment facility on its Aviation Carbon Exchange (ACE), aiming to ease liquidity constraints for carriers facing mounting compliance demand under CORSIA.

A mixed picture emerged for voluntary carbon market (VCM) participants in April, with lower overall supply and demand figures but positive data for units with either a CORSIA or Core Carbon Principles (CCP) label, while benchmark indices showed healthy price increases across the most popular projects.

Greener shipping fuel - UK-based PuriFire Energy has signed a letter of intent (LOI) with carrier company X-Press Feeders to support the development and supply of green bio-methanol for shipping. The LOI will see both parties explore the potential for X-Press Feeders to offtake bio-methanol produced by PuriFire, including initial targeted production of 10,000 to 15,000 tonnes per year from PuriFire’s planned facilities. Both parties will also explore the co-development of larger port-based bio-methanol production facilities across the UK and Europe to support a distributed fuel supply system. PuriFire’s hydrothermal gasification technology converts wastewater and waste carbon into green fuels such as bio-methanol and biomethane, said the press release Wednesday.  

A specialised unit in Egypt’s foreign trade ministry has introduced a platform to streamline the environmental verification process and support data management, the unit’s executive director told Carbon Pulse.

The European Commission’s provisional approach to CORSIA credit eligibility for its operators has provoked a strong reaction across the carbon market, with participants warning that the tight criteria under consideration would dramatically tighten supply for European airlines and create a bifurcated market.

Sweden and Switzerland have signed a new cooperation agreement on international trading of negative CO2 emissions.

The EU Emissions Trading System’s Market Stability Reserve (MSR) should be turned into an active “buffer” – fuelled by international carbon credits and domestic removal units – that can be mobilised to boost liquidity and temper price spikes in the bloc's carbon market, according to former top climate official Jos Delbeke.