California gasoline consumption edges higher, diesel sales dip lower YoY in March
California gasoline sales picked up year-on-year (YoY) in March for the first time in multiple years, while diesel dropped by a larger percentage, recently published state data showed.
Read MoreGlobal energy emissions rose in 2025 despite surge in renewables -report
Renewables were the fastest growing energy source in 2025, but global energy emissions still ticked up 1.1%, driven by an expansion of fossil fuel use in the US, found a report.
Read MoreClimate tech accelerator opens sixth intake, expands scope to AI-enabled carbon solutions
The Carbon to Value Initiative (C2V Initiative) has opened applications for the sixth cohort of its ‘carbontech’ accelerator, seeking startups developing carbon capture, utilisation, and removal technologies as well as AI-enabled tools designed to accelerate commercial deployment.
Read MoreWashington’s highest court upholds farm fuel exemption under cap-and-invest programme
The Supreme Court of Washington ruled in favour of the state’s Department of Ecology (ECY) regarding the agriculture fuel exemption for fuel suppliers within the carbon cap-and-invest programme, ending a dispute brought by an agricultural association.
Read More$8 bln clean energy project scrapped in Louisiana
A planned clean energy project in Louisiana will not proceed after failing to meet internal financial return criteria, its developer announced Tuesday.
Read MoreUS climate finance firm, developer partner on bankable Global South reforestation carbon pipeline
An Oregon-based climate finance advisory firm has partnered with a Hawaiian nature restoration developer to support global reforestation projects, the companies announced on Tuesday.
Read MoreLATAM Roundup: State-backed institutions assist the voluntary carbon market
Latin America is creating opportunities for carbon project developers to generate credits, access finance, and commercialise issuances, developing national carbon markets, Carbon Pulse reported last week – although Global North funds retain their key role in the market, for now.
Read MoreAmazon to buy 2 mln South African carbon credits in long-term Spekboom restoration deal
Amazon will buy 1.95 million carbon removal credits from a large-scale ecosystem restoration project in South Africa, Bloomberg reported on Tuesday, as part of a an initiative that has also secured innovative financing through a $120 mln World Bank outcome bond.
Read MoreWorld Bank drops climate financing targets, buckles under US pressure
The World Bank said it will scrap two headline climate financing targets, including its goal for 45% of financing to deliver climate benefits, as it shifts its focus from how much the bank spends on climate-related projects.
Read MoreCountries reaffirm commitment to bolstering energy efficiency by 2030
Countries have reaffirmed the importance of scaling up energy efficiency in a new action plan signed in Montreal this week at a conference hosted by the International Energy Agency (IEA), which includes reference to enhancing efficiency in data centres.
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