CP Daily News Ticker: June 5, 2025
Set in soil – The House Appropriations Subcommittee on Agriculture approved an appropriation bill for FY 2026, which would eliminate funding for climate hubs. A bill summary noted that $21.9 bln for the US Department of Agriculture reflects funding cuts but includes increases for high-priority initiatives such as emerging pests…
Read MoreCP Daily News Ticker: June 5, 2025
Can you kick the can-can – US EPA wants to offer an extension of deadlines for oil and gas producers and processors under 2023 methane rules, E&E News reported Thursday. The agency sent a proposal to the White House on Wednesday as the administration broadly considers an overhaul of dozens of…
Read MoreMaryland local governments challenge dismissal of climate lawsuits against oil companies
Two cities and one county in Maryland recently appealed the dismissal of their lawsuits seeking to hold major oil and gas companies financially responsible for damages linked to climate change.
Read MoreCP Daily News Ticker: June 5, 2025
Generating resilience – Calistoga, California, replaced its diesel backup generators with a new system combining hydrogen fuel cells and batteries to provide clean emergency power during wildfire-related outages, AP reported. Developed by US-based energy storage company Energy Vault, the system can supply power for about two days and is designed…
Read MoreBRIEFING: Climate investors vary solution scale-up across patchwork global policy landscape
In Brazil, public investors push for continued policy support while global private capital forges ahead independent of US policy rollbacks, financiers said during a webinar Wednesday.
Read MoreCP Daily News Ticker: June 5, 2025
High impact – Planting trees in Kenya offers the most cost-effective and fast solution to the climate crisis, significantly outperforming expensive tech alternatives like direct air capture (DAC) whilst offering co-benefits like biodiversity uplift, found a new study by Oxford University together with non-profit Word Forest. The analysis looked at…
Read MoreGlobal SAF market hits tipping point at 2 Mt in 2025, feedstock limits loom beyond 2030 -report
Global sustainable aviation fuel (SAF) demand is set to reach around 2 million tonnes in 2025, but reliance on limited feedstocks could constrain growth beyond 2030 unless alternative production pathways are rapidly scaled, according to a market outlook released Thursday.
Read MoreCP Daily News Ticker: June 5, 2025
Risk concerns – Banks and investment managers in the UK are failing to show enough risk appetite to drive the low-carbon transition, said Ian Brown, head of banking and investments at the UK’s National Wealth Fund. Brown said the wealth fund is assuming lots of risk to support the sector…
Read MoreMicrosoft continues to prop up CDR market with big May commitments
Microsoft continued to support the engineered carbon removal (CDR) market in May, accounting for lion’s share of the 3.48 million tonnes of forward purchase agreements, according to data platform CDR.fyi.
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