Allied offering - AlliedOffsets announced on Thursday the launch of AlliedCredits, an open marketplace for the public to view both spot and forward prices and listings. According to the market intelligence provider, price discovery is challenging for new entrants to the carbon market, or for forward-planning. While coverage of spot transactions is more accessible, forward carbon credits remain more opaque and yet, forward sales can also attract early-stage funding. Buyers and sellers can enter and browse spot and forward offers for their credits, and the data will also be available via API.

European carbon prices gave up most of the previous session's 4.1% leap on Thursday as the initial burst of speculative buying early in the week did not appear to trigger any wider demand, while traders fretted that EUA prices above €80.00 risked further complaints from EU member states and industry, particularly at a time when energy prices are surging.

A number of lawmakers have said Brussels' plan to extend the phaseout of free carbon allowances for industrial sectors under the Carbon Border Adjustment Mechanism (CBAM) until 2038 goes too far, while industry has criticized the European Commission for not including targeted support for CBAM exports.

The UK's response to a review of its entry into the carbon removal space signalled notable support for biochar, as well as an open door to credits from overseas direct air capture plants, according to an expert.

Azerbaijan’s government on Wednesday published a draft climate law that would establish the legal framework for a domestic emissions trading system (ETS), carbon tax, national carbon registry, and five-year carbon budgets.

The EU should pair its planned ETS carbon removal procurement mechanism with stringent certificate eligibility rules and consider technology-specific quotas, according to a German government-commissioned report released this month.

Strategic move - Germany's govt aims to strengthen the development of nuclear fusion and innovative battery technologies through a new startup and scale-up strategy. The approach includes more than 150 measures aimed at making it simpler to set up businesses in the country by reducing bureaucracy and digitalising processes and mobilising venture capital. The strategy's main focus areas are AI, security, and defence, but it also includes measures to support companies developing fusion technologies, with Germany aiming to build the world's first viable fusion reactor. Separately, as part of a 'scaling centre', companies working in the area of sustainable consumption such as batteries will be provided support to turn prototypes into marketable products through access to lab facilities, expertise, IP and patent support, and networking. The share of green startups as a proportion of all new startups in Germany fell from a peak of 17% in 2022 to 9% last year.

A carbon removal procurement service is offering portfolios aligned with compliance ready markets, it announced Thursday.

Total carbon - French energy company TotalEnergies cut Scope 1 and 2 emissions by 8% year-on over the first six months of the year, results showed Thursday. Emissions fell to 15. 1 Mt of CO2 between January and July, down from 16.4 Mt a year earlier. Methane emissions fell to 8 Mt over the same period, down from 11 Mt a year earlier. First half Scope 3 CO2 equivalent emission (category 11) were estimated at 163 Mt. TotalEnergies’ adjusted net income jumped by 68% from a year earlier to $6 bln for Q2 2026 as the jump in oil prices amid the conflict in the Middle East, and higher refining margins, boosted earnings and cash flows.

Companies complying with the Science Based Targets initiative's (SBTi) new Ongoing Emissions Responsibility (OER) framework could face dramatically different bills for identical emissions trajectories, depending on the type of gases they release, according to new research from a financial services firm.

An environmental campaign group has filed a petition in a Dutch court seeking to force the world’s largest meat company to disclose information on its planned $6 billion expansion, almost half of which is earmarked for Nigeria, the group said.

The European Parliament’s lead lawmaker on the EU Emissions Trading System (ETS) reform, Peter Liese, has backed the European Commission’s push to attach tougher conditions to free carbon allowances, insisting that support must be tied to concrete investments at plant level and directly linked to job preservation.

Two of the UK's existing nuclear power stations will remain online for an extra two years, prolonging the supply of clean electricity to early 2030, the operators announced this week.

Electric pushback - Major carmakers have been lobbying the UK govt to allow new fully internal combustion vehicles to remain on sale after 2035, according to private correspondence obtained by The Fast Charge. Ford, Nissan, BMW, and Toyota have all been lobbying to that effect, while trade body SMMT has been "threatening job losses and deindustrialisation without an urgent trajectory review", the EV newsletter reported. The companies are calling for full combustion-powered vehicles that are 'efficient' or use 'sustainable' materials to be able to stay on sale after the current cut-off date of 2035, when only new electric cars will be able to be bought under the UK's Zero Emission Vehicle (ZEV) mandate.

The economy of Georgia will be only modestly affected in the near term by the EU's Carbon Border Adjustment Mechanism (CBAM), with projected GDP impact below 0.02% this year, according to a report that urges the country to internalise carbon costs in order to reduce the negative effects.

Countries are widely divided around traditional fault lines in talks on what a new UN initiative to strengthen climate efforts should look like, with developing countries prioritising finance, wealthier nations encouraging greater policy action, and business groups advocating wider deployment of climate technologies.

The European Commission has published detailed guidance spelling out how governments must integrate sustainability and resilience criteria into public tenders and renewable energy auctions under the EU’s Net Zero Industry Act (NZIA), in a move expected to reshape demand for clean-tech manufacturing and reduce over‑reliance on China.

Green steel permit filed – French low-carbon iron start-up GravitHy has filed construction and environmental permit applications for its planned direct reduced iron plant in Fos-sur-Mer, marking a key step towards a final investment decision, the company announced on Thursday. The project, located in the port-industrial zone, is designed to produce 2 million tonnes per year of hot briquetted iron using on-site low-carbon hydrogen, which the company says could cut steelmakers’ emissions by more than 90% and avoid up to 4 million tonnes of CO2 annually compared to conventional blast furnaces. GravitHy expects to create at least 500 direct jobs.

CO2 emissions from electricity generation are forecast to increase globally by around 1% in 2026 before flattening out in 2027 amid a surge in renewables, according to the International Energy Agency (IEA).

Maritime CCUS – CO2 from a pilot onboard carbon capture and storage project, orchestrated by the Singapore-based Global Centre for Maritime Decarbonisation (GMCD), has been formally recognised for compliance under the EU ETS. The verified tonnage of captured CO2 can be accepted as a deduction against vessel emissions which require the surrender of EUAs. The pilot project captured and stored 25.4 tCO2 en route from Malaysia to China, offloaded the liquefied CO2 via a ship-to-ship operation, then transported the CO2 overland recycle steel slag for utilisation and produce post-carbonated slag and precipitated calcium carbonate. GCMD received in-principle support from the IMO to recognise carbon mineralisation as a form of permanent storage.