CP Daily News Ticker: June 4, 2025
A quiet place – Net zero is entering an era of quiet progress, according to Michelle You, CEO of Supercritical, in an op-ed published Wednesday on the WEF website. She highlighted a significant shift in corporate climate strategies. While public climate commitments and high-profile pledges have diminished, companies are intensifying…
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For the end-consumers – European electricity suppliers announced their intention to support residential customers on their energy transition journey. They committed to communicate smarter with personalised, multilingual advice and real-time alerts; engage all consumers; boost efficiency through tailored energy-saving tips and smart tools; promote demand flexibility to help consumers save;…
Read MoreCP Daily News Ticker: June 4, 2025
Clear as mud – The latest draft version of the CLEAR cookstoves methodology, along with an updated explanation of decisions document, will be posted on the 4C website in June, the organisation said. This compared to a previous end-of-May expectation. UN officials tasked with helping to shape the PACM are…
Read MoreDenmark did not ask for Article 6 flexibility to meet 2040 target -minister
Denmark’s climate and energy minister said on Wednesday that his country has not asked the European Commission for the inclusion of international (Article 6) credits to meet the EU’s 2040 emission reduction target, insisting however that the decision needs to be a collective one.
Read MoreScope 3 tech startup raises $30 mln to fund expansion
A technology company that uses artificial intelligence to uncover root scope 3 emissions has raised $30 million in Series B funding.
Read MoreCP Daily News Ticker: June 4, 2025
Boycott break – Texas has removed BlackRock, a US-based multinational investment company, from its list of companies deemed to be boycotting the energy industry after the firm reduced its involvement in climate-focused initiatives. The removal allows Texas agencies and funds to resume business with BlackRock and may bolster the firm’s…
Read MoreCP Daily News Ticker: June 4, 2025
Fresh head at Xpansiv – Infrastucture provider Xpansiv has appointed market data leader Andrea Remyn Stone to its Board of Directors. Stone currently serves as Chief Executive Officer of Zema Global Data Corporation, and has acted as an adviser to the Xpansiv Board since May 2023. Previously, she held senior…
Read MoreEU ETS, CORSIA incompatible in long term, says global consultancy
The EU ETS and UN CORSIA international aviation offsetting scheme have a “collaboration issue” which will come to a head in 2027, according to a new report from an international consultancy.
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Hydrogen hopes hampered – Lourenco Goncalves, CEO of US steel manufacturer Cleveland-Cliffs, announced the company is unlikely to proceed with its hydrogen-based steel project in Middletown, Ohio, despite a $500 mln US DOE grant awarded under the Biden administration. Goncalves cited concerns over the insufficient pace of US hydrogen production…
Read MoreCP Daily News Ticker: June 4, 2025
Please disregard – The White House’s Office of Management and Budget (OMB) directed the Department of Transportation (DOT) to disregard a Government Accountability Office (GAO) ruling that found the Trump administration violated the law by freezing funding for the National Electric Vehicle Infrastructure (NEVI) programme. In a letter, OMB General…
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