Voluntary carbon methodologies for orphan well methane leaks are conservative enough to avoid over-crediting, but timing, or estimating when the plugged well would have emitted methane, remains a weak point, a paper has argued.

Latin America took a firm step towards becoming a key Article 6 player after Brazil unveiled last week long-awaited rules for Internationally Transferred Mitigation Outcomes (ITMOs), further building infrastructure despite the Kyoto-era Clean Development Mechanism (CDM) transition flop.

California’s latest cap-and-invest amendments are set to enter final administrative review on Tuesday, advancing changes that would tighten allowance budgets through 2031 while creating a manufacturing incentive of up to 118 million allowances.

RGGI Allowance (RGA) futures continued to reverse course following last week's push to recent highs as carbon prices again appeared to reflect moves in the power market, traders said.

The compliance obligation under Alberta’s Technology Innovation and Emissions Reduction regulation dropped 15% in 2025, according to a new report.

Multilateral development banks (MDBs) provided $163 billion in climate finance in 2025, driven primarily by mitigation efforts in the energy sector, while remaining on track to meet collective 2030 financing targets despite political complexities.

An intergovernmental organisation dedicated to private and commercial law is launching a 10-week public consultation on draft principles that would provide legislative guidance regarding verified carbon credits (VCCs), it announced on Monday.

Wetland watch - University of California, Santa Cruz, researchers have installed atmospheric monitoring towers at two Southern California wetlands to measure CO2 uptake, methane emissions, and air-quality impacts. The project, conducted with the California Air Resources Board and AmeriFlux, will compare the industrially degraded Los Cerritos Wetlands in Long Beach with the nearby Seal Beach National Wildlife Refuge over two years. The continuous measurements are intended to fill a regional data gap, as most previous wetland monitoring in California has focused on the San Joaquin Bay Delta, and to improve state estimates of wetland emissions and carbon storage. Researchers will also assess how restoring degraded wetlands could affect carbon sequestration and measure plant-generated compounds linked to ground-level ozone and fine particulate matter.

Canadian oil sands companies would be allowed reduced stringency requirements under Alberta’s carbon market if they deliver emissions reductions through a long-awaited carbon capture, utilisation, and storage (CCUS) project, under a new memorandum of understanding (MoU).

Private investment is pouring into the global fusion industry, which is aiming to deliver commercial electricity in the 2030s, according to a report published Monday.

Benchmark ICE CORSIA Phase 1 futures rebounded above $10 per tonne last week as sources noted the slump down from nearly $20/t since the end of last year may not be as bad as some fear.

Forest fires have overtaken logging as the leading driver of the decline in the world's remaining intact forest landscapes, according to a new analysis of Global Nature Watch data published on Monday.

Going down - The International Energy Agency (IEA) expects global oil demand to decline in 2026 for the first time since the Covid-19 pandemic, as the conflict involving Iran and disruption to Middle East energy supplies weaken economic activity and reduce fuel consumption, CNBC reports. The agency forecasts demand will fall by around 80,000 bpd this year, reversing its previous expectation of growth. The downgrade follows what the IEA has described as the largest oil supply disruption in history, triggered by the closure of the Strait of Hormuz and attacks on regional energy infrastructure. While supply has begun recovering following a ceasefire, demand remains under pressure from high prices, weaker industrial activity, and measures introduced by governments to curb fuel consumption. The IEA expects oil consumption to recover modestly in 2027 as markets stabilise and production rebounds. The revised outlook contrasts with OPEC's more optimistic long-term demand forecasts but highlights the lasting economic impact of the Middle East conflict, according to the reporting.

Verra has opened a consultation on a major revision to its methodology for projects that use captured waste CO2 in concrete production.

A North American forestry standards organisation and a US-based non-profit have partnered on a pilot forest analytics tool for carbon reporting, wildfire mitigation, and resilience planning across timber sourcing areas, the two announced.

Conversions converging - ASX-listed electrification company Janus Electric has grown its US order book to 20 diesel-to-electric truck conversions with a gross contract value of around A$10 mln ($6.9 mln), the company announced in a filing. It said 45 vehicle conversions are now contracted across North America, comprising of 20 US conversions and 25 conversions in Canada. The increase in its US order book follows a deal signed by Janus  with Ability Tri-Modal, the company's first US fleet customer. It is also exploring opportunities with mining, linehaul, and quarry operators in Australia, according to the filing.

US CCUS rise - Consultancy Wood Mackenzie expects strong CCUS sector growth over the coming decades, as an essential part of any global strategy to address climate change. Ed Crooks, vice chair for the Americas, said in a post that CCUS capacity is growing in the US, despite political tensions and difficulties with deployment, and the consultancy expects in a base forecast global capacity will rise to about 3 bln tonnes per year in 2060.

Smokier Canada - Wildfire smoke is creating persistently higher health costs in Canada, according to a new report by think tank Canadian Climate Institute. The report, published on data platform 440 Megatonnes, found Canada is getting smokier, and long-term exposure to increased toxic wildfire smoke is associated with an estimated 2,500 premature deaths in the country annually. The cost of wildfire smoke totalled C$231 bln ($163.2 bln) between 2014-2025. That's about C$19 bln per year on average, according to the think tank.

Korea-Guatemala REDD+ - Guatemala is assessing the feasibility of a REDD+ project that could enable the country to participate in carbon credit markets, with support from the Korea Forest Service (KFS), the Ministry of Agriculture, Livestock, and Food (MAGA) announced this week. Last November, the Central American country received a $24 mln payment from the World Bank’s Forest Carbon Partnership Facility (FCPF) from a REDD+ national initiative. In May 2025, Guatemala was one of the countries targeted by the KFS for official development assistance in REDD+.