German service group backs DAC demonstration project
A German multi-service group has entered a technology partnership to support a Munich-based direct air capture (DAC) company’s first larger demonstration plant in Germany, with the cooperation due to begin in 2027.
Read MoreFrontier clears ERW methodology for supplier use
Buyer group Frontier has approved an enhanced rock weathering (ERW) methodology developed by a Helsinki-based carbon crediting platform for suppliers selling carbon removal credits.
Read MoreIndonesia’s growing truck fleet could lock in diesel demand for decades, report warns
Indonesia could slash freight emissions, cut its dependence on imported diesel, and save money in fuel subsidies by electrifying its truck fleet, but high upfront costs and limited charging infrastructure risk locking Southeast Asia’s largest economy into decades of diesel use, according to a new report.
Read MorePeru’s national carbon registry adds two new standards
Peru’s Ministry of Environment (MINAM) has accredited two new standards and added 17 new methodologies to the national carbon registry RENAMI, as per a resolution issued Thursday.
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 MoreFEATURE: Corporates excited about new SBTi climate standard’s nod to market instruments
Companies are “excited about finally having clarity” on using market instruments to show progress towards their climate targets under the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard, say consultancies referring to the standard’s “incredible ripple effect”.
Read MoreUkraine adopts Article 6 pilot framework, national carbon registry rules
Ukraine has adopted a two-year framework on Wednesday to test procedures for authorising, issuing, and transferring mitigation outcomes under Article 6 of the Paris Agreement, alongside rules for a national carbon registry.
Read MoreFragmented carbon credit rules could let developers “shop around” for weaker safeguards, report warns
Divergent rules for managing carbon reversal risks could weaken market integrity and encourage project developers to choose less demanding standards, according to a report released Thursday.
Read MoreExchange suspends trading of Australian CDR developer’s shares, investigates disclosures
The announcement states that trading will be suspended until the exchange is satisfied that NoviqTech is in compliance with its listing rules, specifically Listing Rule 3.1 on timeline disclosure of information that may materially affect share value.
Read MoreAustralian state seeking feedback on net-zero opportunities, barriers
The New South Wales Net Zero Commission (NZC) has issued a call for evidence to better understand the opportunities and barriers to decarbonisation in the state.
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