EU demand for electric and hybrid cars surges amid oil price spike
Battery electric cars surged to a fifth of all new car registrations in the EU in the first half of the year, as oil prices spiked on the back of the US-Israeli war against Iran.
Read MoreVietnamese conglomerate builds carbon credit measurement platform for EV projects, eyes exports
A Vietnamese conglomerate has built the measurement infrastructure for carbon credit generation from its electric vehicle and charging network projects, which could collectively generate up to 4.5 million units, with room for exports under Article 6.2 of the Paris Agreement.
Read MoreGermany backs EU’s proposed ETS reform, says aligned with Berlin’s ideas
Germany’s environment and climate minister, Carsten Schneider, said the European Commission’s proposed overhaul of the EU Emissions Trading System (ETS) closely reflects German priorities, backing a package that would slow the pace of emissions cuts in the next decade while tightening conditionality for the distribution of free allowances to industry.
Read MoreEU carbon price cheapest but less equitable than national plans -report
A hypothetical economy-wide EU-wide carbon price would deliver the bloc’s 2030 climate target at the lowest average cost per household, but place a greater burden on poorer member states and households than the current national-plan-based approach, according to a study published Thursday.
Read MoreAustralian regulator approves stacking of water quality improvement credits, ACCUs
Australia’s Clean Energy Regulator (CER) has approved the stacking of credits generated through water quality improvement activities with the Australian Carbon Credit Unit (ACCU) Scheme.
Read MoreAustralian pension funds ease pressure on investment bank over climate disclosures
Shareholder pressure on Australian investment bank Macquarie Group over its fossil fuel financing weakened at its annual meeting this week after several large domestic pension funds withdrew support for a push seeking greater scrutiny.
Read MoreCN Markets: CEAs hold above RMB 90 amid slower trading, Beijing eyes global market engagement
Prices in China’s national emissions market continued to climb over the past week despite the absence of the allocation plan for power plants, while the government is weighing options to further engage in the international carbon market.Â
Read MorePhilippines, climate tech firm launch rice‑paddy pilot to generate carbon credits
The Philippine National Irrigation Administration and a climate tech company have jointly launched a pilot project to generate carbon credits from rice paddies through alternate wetting and drying (AWD).
Read MoreCP Daily News Ticker: July 24, 2026
Methodology in the making – Tokyo-based startup Spatial Pleasure on Friday said its research project for developing an offset methodology for the transportation sector has been selected as a feasibility study under Japan’s transport ministry. Transportation accounts for around 20% of Japan’s COâ‚‚ emissions, mostly from road traffic. The company will partner with Kyushu University […]
Read MoreCP Daily News Ticker: July 24, 2026
Steel under CBAM heat – The Indian government has said that the domestic steel industry must look to diversify, seek new markets, and boost decarbonisation to stay globally competitive, as reported by Deccan Chronicle. Ashwini Kumar, economic advisor to the Ministry of Steel, said. Kumar noted that under CBAM, market access in high-value destinations will […]
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