POLL: EU ETS emissions seen modestly lower in 2025 as weather, weak industry offset transport gains
Analysts expect verified emissions covered under the EU ETS were slightly lower in 2025, as subdued industrial activity and continued coal-to-gas switching were counterbalanced by weak renewables output and rising transport demand.
Read MoreICE to align CORSIA, nature-based credit futures calendar with compliance carbon market, shifting delivery windows
ICE Futures Europe has proposed changes to the trading calendar and delivery timelines for its CORSIA-eligible and nature-based carbon credit futures, in a move aimed at aligning the contracts more closely with established compliance market conventions.
Read MoreUK refineries warn of further closures after govt rejects CBAM inclusion
The UK government’s decision not to extend its planned carbon border adjustment mechanism (CBAM) to cover refined oil products has triggered warnings from industry that the country’s remaining refineries face an increased risk of closure, potentially accelerating reliance on imported fuels.
Read MoreUK aviation body launches carbon removal purchase signal, as taskforce warns of supply shortfall
A sustainable aviation trade body in the UK has committed to support the purchase of more than ÂŁ2 million worth of carbon removals to help close the sector’s net zero gap, as an industry taskforce urged for policy intervention to avoid a looming supply shortfall.
Read MoreEuropean Commission moves to “modernise” EU ETS with MSR upgrade, €30 bln investment push
The European Commission will propose reforms to the EU carbon market, including tweaks to the Market Stability Reserve, a €30 billion industrial decarbonisation fund, and plans to extend free allocations from 2035, as the bloc weighs short-term interventions to cushion the impact of surging energy prices triggered by disruption in global oil and gas markets linked to the US-Israel war against Iran.
Read MoreOffset platform selects six early-stage project developers for first nature-focused CDR accelerator cohort
A German-headquartered carbon offset platform has selected six early-stage nature-based project developers for the fourth cohort of its accelerator, marking the programme’s first edition dedicated to land-based CDR activities.
Read MoreGuyana has sold CORSIA-eligible carbon credits to 19 airlines -senior official
Guyana has sold jurisdictional forest carbon credits to 19 international airlines over the past 18 months, a senior government official said, as demand for CORSIA-eligible units grows ahead of tightening aviation offsetting requirements.
Read MoreLinear disturbances may be driving undercounted methane from peatlands, researchers warn
Linear disturbances linked to oil and gas exploration and resource mining could be significantly increasing methane emissions from boreal peatlands, according to new research.
Read MoreProxy battle intensifies as Zefiro founder, X Machina clash with board in front of courts, regulator
A proxy battle and parallel legal disputes between project developer Zefiro Methane Corp. and its founder Talal Debs have intensified in recent months, with both sides issuing competing claims ahead of a shareholder vote expected later this month.
Read MoreUN climate summit air travel emissions have surged by 2500% since 1995, researchers calculate
Rising attendance has driven a 26-fold increase in emissions from air travel to United Nations climate negotiations over the past three decades, with delegate flights generating more than 710,000 tonnes of CO2e since the mid-1990s, according to a new study.
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