EU steel decarbonisation goals must reflect scrap supply, green certifiers say
Green labelling schemes have urged policymakers to adopt a more realistic approach to steel decarbonisation, saying EU objectives must recognise the physical limits of scrap availability and incentivise emissions reductions across all steel production routes.
Read MoreEU releases long-awaited Ocean Pact ahead of UN conference
The European Commission on Thursday published its Ocean Pact, a political initiative expected to play a crucial role in ocean governance, committing to present an Ocean Act within two years.
Read MoreCP Daily News Ticker: June 5, 2025
AI vs administration – The US EPA recently launched a generative artificial intelligence tool intended for internal staff use, which affirmed mainstream climate science by identifying human-caused climate change as a public health threat, E&E News reported. The tool’s conclusions contrast with the Trump administration’s position, including EPA Administrator Lee…
Read MoreBRIEFING: Carbon removal stuck in “vicious cycle” amid unsustainable scramble for venture capital, but regulatory momentum building
The carbon removal sector is in the midst of a crisis despite record offtake volumes this year, driven in part by the scramble to secure venture capital to scale nascent technologies — but there is now clear movement towards sovereign backing of the industry, experts told an event on Thursday.
Read MoreCP Daily News Ticker: June 5, 2025
Grift gripes – House Republicans criticised the US EPA’s $27 bln Greenhouse Gas Reduction Fund during a hearing on Wednesday, calling it a “massive grift” that channeled taxpayer money to Democrat-aligned groups. The hearing, led by Rep. Marjorie Taylor Greene (R) in the House Oversight and Government Reform Subcommittee on…
Read MoreProject developers call on UNFCCC to review outdated cookstove methodology
Project developers are stepping up their campaign to tone down cookstove methodology requirements by calling on the UNFCCC Clean Development Mechanism’s (CDM) Board to review outdated science that could lead to under-crediting.
Read MoreUK initiative puts £5 mln into African renewables projects replacing fossil fuels
The UK is putting close to £5 million of funding into six renewable energy projects in Africa aimed at helping countries leapfrog reliance on fossil fuel power generation, it was announced Thursday.
Read MoreGreater demand-side alignment needed to boost supply of Article 6, CORSIA credits, says developer
A large voluntary carbon project developer has called for greater alignment among the buyers of credits for new schemes to help unlock high-quality supply.
Read MoreFEATURE: Political will needed for carbon markets to deliver significant climate finance -experts
Despite the steep decline seen in voluntary carbon trading, some observers maintain that if the political will is there, carbon markets can deliver significant amounts of climate finance – potentially over half of the needed invested to meet long-term climate objectives.
Read MoreUK CCS developer, Japanese FPSO provider partner on offshore capture tech
A UK-headquartered carbon capture developer announced Thursday it has partnered with a Japanese supplier of floating production to develop and scale ship-based carbon capture systems.
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