The UK is set to fall short of its target for 95% clean power by 2030 by a margin of 12 percentage points, though could achieve the full target by 2032 provided more renewables come online and grids are upgraded, said a consultancy in a new report.

A recent report by a German non-profit suggested a two-tiered approach to multilateralism in international climate diplomacy, more distinctly distinguishing between institutional and implementation efforts, offers the most realistic path for turning talk into action.

One year after the deadline to submit national Social Climate Plans, 19 EU member states have yet to file the documents required to access funding linked to the bloc’s new Emissions Trading System for road transport and heating fuels (ETS2), leaving €85.3 billion effectively frozen, according to campaigners.

CORSIA futures slipped marginally lower last week, with the benchmark now at a little above $9/tonne, while hundreds of carbon projects registered under the Kyoto Protocol’s Clean Development Mechanism (CDM) look set to miss a Tuesday deadline to enable their transition to the new Paris Agreement Crediting Mechanism (PACM).  

State aid - The EU Commission approved on Monday a €402 mln Spanish scheme to support road transport companies facing increased fuel prices due to the Middle East crisis. The aid will take the form of direct grants. For beneficiaries who are eligible under an existing diesel tax refund scheme for professionals, the aid can cover up to 70% of the additional fuel costs resulting from the crisis incurred between Mar. 1 and June 30. For beneficiaries who are not eligible under that tax refund scheme, the aid can either be capped at €50,000 per company or cover up to 70% of the additional fuel costs incurred between Mar. 1 and Dec. 31. Read more.

Britain's hospitals and small industrial emitters cut their greenhouse gas emissions well below government targets in 2025, according to newly published data covering participants in the UK Emissions Trading Scheme's Hospital and Small Emitter (HSE) scheme.

EU member states did not vote last week on rules defining which foreign CO2 prices importers can deduct from their Carbon Border Adjustment Mechanism (CBAM) fees, even though a decision had been scheduled.

European carbon managed to hold above the €80 mark for the first half of the day until news reports detailing a key political party's position on the EU ETS review triggered a heavy sell-off as traders reacted to perceived bearish supply-side proposals.

International marine science experts are drawing up a global framework to assess ocean-based climate interventions, such as marine carbon removal (mCDR), with the work due to be completed by mid-2027.

Growing seaweed across vast areas of the ocean could help draw down more CO2, but the carbon removal gains would be limited compared with the amount of biomass produced and could come with major risks for marine ecosystems, a peer-reviewed study has found.

A microscopy-based method could help assess whether biochar material has been sufficiently carbonised for long-term storage, a new study has found.

Ireland, which holds the Council of EU member states’ rotating six-month presidency from July, is aiming to secure an agreement between the bloc's 27 nations on the revision of the Emissions Trading System in the first half of December.

ERW supply - Mati Carbon has received its first credits, a total of 717 CORCs, under the Puro Standard's enhanced rock weathering (ERW) methodology for a project in Chhattisgarh, India. The issuance credits the company's use of basalt-based enhanced rock weathering on smallholder rice paddy farms, where crushed basalt is applied to soils to accelerate natural carbon sequestration.

A group of organisations presented on Monday a framework for Mediterranean seagrass restoration aimed at helping quantify ecosystem value and support the development of nature credits.

As the European Commission prepares legislation to bring carbon removals into the EU Emissions Trading System (ETS), experts warn that choices over CO2 accounting risk giving policymakers a serious headache in Brussels.

Projects under Track 1 of the UK's carbon capture, usage, and storage (CCUS) strategy must move ahead with construction to prove the model is repeatable and attract private capital for the next wave, experts said at a webinar on Monday.

Damaging subsidies - Germany has introduced environmentally harmful subsidies worth €11 bln so far this year, including a higher commuter allowance, industry electricity price support, and petrol and diesel fuel rebates, according to calculations by think tank Green Budget Germany (FÖS). Greenpeace commissioned the factsheet and said the government was "wasting billions of euros" on the subsidies while the energy crisis driven by the Iran war made clean alternatives more attractive.

Vertis Environmental Finance has appointed a new head of research and analysis, as it seeks to expand its role in emissions trading.

Governments should allocate part of their health budgets to greening urban areas, as scaling up nature-based solutions is one of the most effective ways to tackle rising temperatures in European cities, an expert told Carbon Pulse.

Engineering contract - Swedish engineering consultancy AFRY has been awarded a detailed engineering assignment by Kanadevia Inova for the UK’s first full-scale carbon capture facility in the waste-to-energy sector, the company announced last week. The project, being developed by Encyclis at its Protos energy-from-waste facility in Cheshire, forms part of the HyNet North West decarbonisation cluster. AFRY will deliver engineering services for steel structures and piping systems to integrate the carbon capture plant with the existing energy recovery facility, including mechanical and piping detail engineering, structural calculations, support systems, and technical documentation.

The vast majority of carbon projects developed under the Kyoto Protocol's Clean Development Mechanism (CDM) are set to miss a Tuesday deadline to enable them to transition to UN crediting under the Paris Agreement, leaving many legacy projects outside the new scheme.

The European Parliament's largest political group is considering a push to grant power generators free EU Emissions Trading System (EU ETS) allowances after 2030 in exceptional circumstances, as well as limits to the participation of speculators in the market, according to a draft negotiating position seen by news outlet Montel.

Wastewater biochar - Edinburgh-based Carbogenics will launch a project in July to test whether wastewater screening waste can be converted into its patent-pending FilaChar carbon material and used to remove pharmaceutical contaminants from wastewater, it announced last week. The IBioIC-backed project will be carried out with Scottish Water and the University of the Highlands and Islands’ Environmental Research Institute, and will assess whether wastewater-derived carbon materials can offer a more circular approach to tackling emerging contaminants such as pharmaceuticals, PFAS, hormones, pesticides, and microplastics.

Chile and Switzerland have authorised a second standalone battery energy storage system (BESS) mitigation activity under Article 6 of the Paris Agreement, expanding the use of carbon finance to support grid-scale energy storage in the South American country.

Tanzania has rejected opposition claims that international carbon trading agreements amount to the sale or transfer of control over the country's natural resources, insisting that its carbon market framework is designed to protect national sovereignty while generating new revenue.

Greek solar - Germany’s RWE and Greek utility PPC have commissioned nine solar farms totalling 930 MWp at a former lignite mine in Western Macedonia, Northern Greece, the companies announced Monday. The projects were developed through their Meton Energy joint venture and are expected to generate enough electricity to meet the annual demand of more than 400,000 Greek homes. Two further solar farms totalling 567 MWp are under construction in Central Macedonia and due online in 2027.

The UNFCCC’s latest draft procedure for the Article 6.4 mechanism registry sets out requirements for real-time public reporting of registry activity, detailed first-transfer rules, and proposed account fees for the Paris Agreement Crediting Mechanism (PACM).

Farm‑level greenhouse gas accounting methods remain fragmented and require urgent harmonisation efforts, with estimates for the same farm varying by more than 1,000%, a study said.

BECCS begins – BioCirc has opened what it said is the world's largest biogas-based CCS plant at its Vesthimmerland facility in Denmark, marking the first project in the company's planned rollout of BECCS, according to Carbon Capture Journal. The company said it plans to install CCS at five of its eight biogas plants, with the facilities intended to capture and permanently store CO2 from biogas production while generating carbon credits. BioCirc added its approach could support sectors such as agriculture, shipping and heavy land transport.