Canadian oil sands emissions intensity falls for 13th straight year -S&P
The greenhouse gas intensity of Canadian oil sands production declined for a 13th consecutive year in 2025, extending a long-running trend driven by operational efficiencies, technology deployment, and a shift towards lower-emitting production methods, according to new analysis published by S&P Global Energy.
Read MoreEU risks missing gas decarbonisation targets as biomethane, hydrogen deployment lag -ACER
The EU risks falling short of key gas sector decarbonisation objectives despite significant progress in reducing fossil gas consumption since the 2022 energy crisis, according to a report published Tuesday by the Agency for the Cooperation of Energy Regulators (ACER).
Read MoreEU urged to expand ETS to international flights as kerosene shock reignites aviation climate debate
The EU should resist calls to weaken aviation climate policies in response to the recent kerosene price shock and instead extend its ETS to cover all flights departing the bloc from 2027, according to a policy paper published this week.
Read MoreInternational finance lobby group urges EU to broaden recognition of carbon credits under CBAM
A major international financial markets lobby group has urged the European Commission to ensure that carbon prices paid in third countries under the EU’s Carbon Border Adjustment Mechanism (CBAM) encompass all recognised compliance instruments, including domestic and international credits, warning that proposed restrictions could undermine the bloc’s objective of preventing double carbon pricing.
Read MoreOcean CDR initiative to launch $5 mln RFP to fund expansion of global network for alkalinity enhancement research
An ocean carbon removal research initiative on Wednesday unveiled plans to launch a $5 million funding round aimed at expanding a global research network for ocean alkalinity enhancement (OAE), as interest grows in marine CDR technologies but questions remain over their scalability, environmental impacts, and monitoring requirements.
Read MoreEU ETS could need carbon removals “safety valve” to avoid price surge if CCS, hydrogen rollout falters -report
The EU may need to integrate CO2 removals into its emissions trading system as a “safety valve” to prevent allowance prices from spiralling if deployment of carbon capture and storage (CCS) and green hydrogen infrastructure continues to lag expectations, according to a new report.
Read MoreMicrosoft inks first Asian ERW removal credit deal with Indian firm
Microsoft has agreed to purchase up to 36,920 tonnes of CO2 removal credits from Indian enhanced rock weathering (ERW) developer Alt Carbon under a multi-year deal that marks the technology giant’s first ERW procurement agreement in Asia.
Read MoreBeZero cites legal backing for EU ESG ratings compliance as July launch nears
Carbon ratings agency BeZero Carbon said independent legal reviews have concluded its activities fall within the scope of the EU’s new ESG Ratings Regulation, as the company prepares to seek recognition under the regime ahead of its July implementation.
Read MoreCarbon finance entrenches dominance in clean cooking sector as credit markets evolve -industry report
Carbon finance has become the dominant driver of investment and growth in the clean cooking sector, according to a new industry assessment that suggests companies without crediting programmes are increasingly struggling to attract capital and scale operations.
Read MoreEurope’s post-1980 heatwave surge driven mainly by GHGs, amplified by cleaner air policies -study
The sharp rise in European summer heatwaves since 1980 has been driven primarily by greenhouse gas emissions and further intensified by reductions in aerosol pollution resulting from air quality regulations, according to a new study.
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