Orphan US well-plugging firms expand project development, credit generation collaboration
Two methane offset developers are scaling up a collaboration to accelerate the plugging of orphan oil and gas wells across the US, with the expanded partnership set to begin on a project in Oklahoma and include collaboration on credit generation.
Read MoreMicrosoft emissions jump 25% as AI buildout accelerates, but tech giant reiterates carbon removals commitment
Microsoft’s greenhouse gas output rose 25% in fiscal year 2025 as the rapid expansion of AI infrastructure drove higher emissions across its value chain, but the technology giant reiterated its commitment to become carbon negative by 2030 through a combination of operational decarbonisation and one of the world’s largest CO2 removal (CDR) procurement programmes.
Read MoreRevenue recycling key to winning public backing for carbon pricing, EU review finds
Revenue recycling mechanisms such as direct household rebates, tax cuts, and visible environmental investments are the most effective way to increase public support for carbon pricing policies, according to a systematic review published this week by the European Commission’s Joint Research Centre (JRC), which also found that how carbon prices are communicated can significantly influence public acceptance.
Read MoreUK exit from EU ETS had no measurable impact on firms’ emissions -study
The UK’s departure from the EU ETS and creation of a standalone domestic carbon market in Britain did not produce a statistically significant change in regulated companies’ emissions during 2021-23, according to new research that adds evidence to the debate over linking the two schemes.
Read MoreResearchers propose independent climate boards modelled on central banks to shield carbon pricing from politics
Governments should delegate control over carbon pricing to independent climate institutions modelled on central banks in order to insulate long-term emissions policy from electoral cycles and provide greater certainty for investors.
Read MoreNew York climate law retreat will require sweeping regulatory overhaul, likely litigation -legal experts
New York’s decision to weaken its landmark climate law through 2026 budget amendments will trigger years of regulatory revisions, planning changes, and likely legal challenges, while making it significantly easier for the state to meet its statutory emissions targets, according to legal experts.
Read MoreCarbon market association IETA calls for EU ETS overhaul centred on removals, global offsets, UK linkage
IETA has urged the European Commission to pursue a broad overhaul of the EU Emissions Trading System after 2030, arguing the bloc should integrate carbon removals, prepare to use international credits from 2031, reform the Market Stability Reserve (MSR), and prioritise linking the scheme with the UK carbon market.
Read MoreUPDATE – $6 mln offset project buyout collapses after purchaser said to miss closing payment
A planned $6 million buyout of a portfolio of offset projects has collapsed after the purchaser opted not to make the required closing payment by the contractual deadline, leaving the original agreement in place and setting the stage for potential legal action, according to a company announcement late Tuesday.
Read MoreEU to propose more dynamic ETS supply controls, slower emissions cap decline -reports
The European Commission is preparing a broad overhaul of the EU ETS that would introduce more dynamic controls over allowance supply, recalibrate the market’s emissions trajectory, and extend support for industrial decarbonisation, according to a media report citing people familiar with the plans.
Read MoreCarbon ratings provider acquires AI-powered sustainability workflow platform to bolster due diligence tools
A carbon ratings agency has acquired an AI-powered sustainability workflow software platform and hired its founding team, as it seeks to expand its analytical and due diligence capabilities amid growing demand for data-driven risk assessment tools in carbon markets.
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