German govt advisors back centralised Article 6 procurement for EU ETS, warn against direct offset use
International carbon credits under Article 6 of the Paris Agreement should only be integrated into the EU Emissions Trading System (EU ETS) through a centrally managed purchasing mechanism rather than allowing companies to buy offsets directly for compliance, according to a discussion paper published by the German Environment Agency (UBA).
Read MoreCP Daily News Ticker: July 24, 2026
Testing pact – DEKRA Korea has signed a cooperation agreement with Korea Testing Laboratory to support Korean automotive suppliers in meeting European Union requirements under Euro 7 and carbon regulations. Building on KTL’s brake wear particle testing facility, the collaboration is designed to strengthen certification frameworks and align Korean manufacturers with European standards.
Read MoreCP Daily News Ticker: July 24, 2026
Data centre NIMBYism – Eight civil society organisations have called on the Malaysian government to ban the development of data centres near residential areas, prompted by recent outcries from residents against proposed developments in Petaling Jaya, near Kuala Lumpur, and Johor. The organisations, including RimbaWatch, Greenpeace Malaysia, the Center to Combat Corruption and Cronyism, and […]
Read MoreCP Daily News Ticker: July 24, 2026
Canada CCUS tax credit consultation – Canada has launched a public consultation on a proposal to make the storage of CO2 through enhanced oil recovery (EOR) eligible for its carbon capture, utilisation, and storage (CCUS) investment tax credit. Feedback is requested by Sep. 4, 2026. The proposal was first announced in the 2026 Spring Economic […]
Read MoreCalifornia gas, diesel sales both drop YoY in April
California gasoline sales dipped 3% year-on-year (YoY) in April after the previous month’s increase, while diesel dropped by a slightly larger percentage as retail prices hit historic levels, new state data showed.
Read MoreArticle 6 project developers should do “NDC maths” before promising credits -consultant
Aspiring Article 6 project developers should independently calculate how many credits national regulators are likely to authorise for international transfer in their sector before developing large projects or pre-committing to credit sales, an Africa-based consultant and developer said this week.
Read MoreWCI Markets: CCAs dip below $33 amid rulemaking wait
California Carbon Allowance (CCA) futures fell below the $33 mark on Thursday after the market has remained relatively subdued amid a wait for developments on rulemaking procedures.
Read MoreCanada to review carbon pricing benchmark by year end, explore linked markets
Canada’s federal, provincial, and territorial leaders agreed Thursday to target finalising an updated national carbon pricing benchmark by the end of 2026, as well as to establish a working group to explore linking industrial carbon markets across the country.
Read MoreCP Daily News Ticker: July 24, 2026
RFS rethink – US Sen. Jeff Merkley (D), Sen. Cindy Hyde-Smith (R), Rep. Cliff Bentz (R) and Rep. Bennie Thompson (D) have introduced the Wildfire Reduction Market Expansion Act to modernise the definition for renewable biomass under the Renewable Fuel Standard (RFS) to include woody biomass generated through forest management activities. This would apply to […]
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