CP Daily Newsletter: Thursday June 5, 2025

Published 01:38 on June 6, 2025 / Last updated at 01:45 on June 6, 2025 / Newsletters

A daily summary of our news and intelligence.

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UPDATE – US-based methane offset developer names interim CEO after founder departs

Published 01:35 on June 6, 2025 / Last updated at 10:15 on June 6, 2025 / Americas, US, Voluntary

US-based methane abatement and well-plugging firm has named an interim CEO following the departure of the company’s founder from the role.

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Brazilian court suspends REDD+ project work after FPIC lawsuit

Published 01:13 on June 6, 2025 / Last updated at 01:13 on June 6, 2025 / / Americas, Nature-based, South & Central, Voluntary

A Brazilian district court has suspended work on a potential REDD+ project after plaintiffs claimed it failed to secure free, prior, and informed consent (FPIC) from Indigenous communities, an allegation the would-be developer denied.

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CP Daily News Ticker: 6-8 June 2025

Published 01:01 on June 6, 2025 / Last updated at 01:01 on June 6, 2025 / Daily News Ticker

Introducing the CP Daily News Ticker, a running list of all our news updated in real-time throughout the day. This is also the new home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.

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WCI Markets: CCAs subdued amidst subsurface churn

Published 00:04 on June 6, 2025 / Last updated at 00:04 on June 6, 2025 / and / Americas, Canada, US

California Carbon Allowances (CCA) held steady despite heavy futures and options volumes as the market awaits resolution of federal and regulatory risks, while Washington Carbon Allowance (WCA) prices declined into the Q2 auction.

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Solar PV plants nab Dominican Republic’s second Gold Standard certification

Published 23:46 on June 5, 2025 / Last updated at 23:46 on June 5, 2025 / / Americas, South & Central, Voluntary

A solar PV facility in the Dominican Republic has become country’s second carbon project to gain Gold Standard (GS) certification, the energy company responsible announced on Wednesday.

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US Senate committee releases its IRA repeal plan in new reconciliation package

Published 23:29 on June 5, 2025 / Last updated at 23:31 on June 5, 2025 / / Americas, US

The US Senate Environment and Public Works Committee has released its version of the budget reconciliation bill that, much like the House version, proposes to gut several GHG reduction programmes funded by the Inflation Reduction Act (IRA).

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CP Daily News Ticker: June 5, 2025

Published 23:23 on June 5, 2025 / Last updated at 23:23 on June 5, 2025 / Americas, Voluntary

Carbon in Congress – On Wednesday, the Colombian Congress established a temporary committee to examine the current state, risks, and opportunities of voluntary and compliance carbon market regulations in the country. “We cannot, under any circumstances, allow this [market] to be nationalised,” said a conservative congressman leading the initiative in…

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CP Daily News Ticker: June 5, 2025

Published 23:22 on June 5, 2025 / Last updated at 23:22 on June 5, 2025 / Americas, International

PPM panic – Scientists from the US National Oceanic and Atmospheric Administration (NOAA) and Scripps Institution of Oceanography at the University of California San Diego reported that atmospheric CO2 concentrations at NOAA’s Mauna Loa Observatory surpassed 430 parts per million (ppm) for the first time during this month. Scripps measured…

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CP Daily News Ticker: June 5, 2025

Published 23:22 on June 5, 2025 / Last updated at 23:22 on June 5, 2025 / Americas

Steel this alternative – Low-carbon steel producer Boston Metal is close to earning its first revenue as it develops its novel steelmaking process, Canary Media reported Thursday. In the steelmaking process, refining iron typically results in the bulk of GHG emissions, but Boston Metal uses a different, cleaner process known…

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