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FEATURE: EU weighs touchy question of whether to count international carbon credits towards CBAM
The EU is weighing how its Carbon Border Adjustment Mechanism (CBAM) should treat the international credits included in the carbon pricing schemes of other countries — with climate experts and industry representatives divided on whether these should be deductible from border fees. Read MoreTop
Insurance startup launches risk monitoring services across full carbon lifecycle
A carbon insurance specialist company is now offering risk monitoring services across the full carbon lifecycle, it announced on Wednesday. Read MoreTop
EU conservatives pushing to cancel CO2 fines for carmakers
Lawmakers from the centre-right European People’s Party (EPP) have called on the EU to find ways of avoiding fines for carmakers that fail to meet their CO2 reduction targets in 2025, saying “a realistic approach” is needed on EU climate goals. Read MoreTop
Tech giants launch bid to buy 20 mln forest carbon credits by 2030
An advance market commitment for nature-based carbon removal, made up of a group of large technology companies, has launched its first request for proposals including methodology-related critera, as it aims to contract up to 20 million credits by 2030. Read MoreTop
Hong Kong govt advisors say two-way link with China crucial for carbon hub status
An advisory body to the Hong Kong government has outlined the main steps needed to establish itself as a major carbon trading hub, focusing on securing a position as a link between Mainland China and the global market. Read MoreTop
Bank warns that consensus around tight EUA market in 2026 could be blown off course
Consensus there will be sharp tightening in the EU ETS market in 2026 could be shocked when new free allocation numbers are published by the EU Commission, an investment bank has warned. Read MoreTop
BRIEFING: GB Energy risks being jack of all trades, master of none
The UK’s publicly-owned Great British Energy entity needs to narrow down its role in helping the country decarbonise, to avoid spinning too many plates and losing public support if it fails to produce compelling outcomes, industry experts said on Wednesday. Read MoreTop
Scottish carbon removals developer to issue credits for North Sea storage project
A Scottish carbon removals company has signed a deal to permanently store 50,000 tonnes of CO2 in a depleted North Sea oilfield, it announced on Wednesday. Read MoreTop
US pitches $54 mln into blue economy technologies
The US announced grants totalling $54.3 million spread between four organisations to spur new coastal services and technologies, including carbon management. Read MoreTop
Frontier launches rock deposit challenge to advance carbon removal research
Buyers club Frontier will offer grants to support the identification of reactive rock deposits suitable for carbon removal (CDR) projects. Read MoreTop
IEA pitches 'new industrial masterplan for Europe' focused on clean tech
Europe still has a chance to compete with China and the US on clean technologies like offshore wind, power grids, heat pumps, and electrolysers, provided it can make the right decisions and act swiftly, according to the executive director of the International Energy Agency (IEA). Read MoreTop
US oil giant plans up to $30 bln of investment in 'low-carbon' projects
A US oil and gas company announced plans Wednesday to plough up to $30 billion in "low emissions opportunities" between 2025 and 2030, with almost 65% spent on reducing climate impact for third-party customers. Read MoreTop
Asia Pacific shipping sector faces 100 Mt/year CCS challenge, report finds
Ships may have to transport some 100 million tonnes of CO2 annually between jurisdictions by mid-century, which will require huge advance efforts in terms of funding and other preparations, according to a report released Wednesday. Read MoreTop
Growth in SAF production ‘disappointingly slow’ -IATA
The production of sustainable aviation fuel (SAF) is growing in volume, but at a very slow rate, industry association International Air Transport Organisation (IATA) said this week. Read MoreTop
