Methane certifier launches registry for crude oil emission cuts
A certifier of methane emissions has launched a new registry for reductions from crude oil operations, and expects to certify its first crude oil production facility in the coming weeks, it announced on Wednesday.
Read MoreWorld is turning to solar after energy shocks, still chance to limit warming to 2C -analysts
Solar will become the world’s largest generator of electricity by 2032 amid a rush to energy self-sufficiency, and there is still a chance to limit global warming to 2C by century-end if countries become “serious” about net zero goals, according to a new report.
Read MoreTurkiye throws focus on electrification, clean energy ahead of COP31
Turkiye’s incoming COP31 presidency is calling to speed up electrification around the world, arguing that the energy crisis underscores the importance of renewable energy, as well as diversification of sources.
Read MoreINTERVIEW: New ITMO registry seeks at least 100 mln CDM carbon credits, 5 mln transfers across May
More than 5 million credits from the Clean Development Mechanism (CDM) are expected to sign up to a new carbon registry this month that hopes to attract up 800 million of the UN registry’s units before they face oblivion at the end of the year.
Read MoreCarbon pricing coverage nears a third of global emissions, World Bank says
Carbon pricing now covers nearly 30% of greenhouse gas emissions globally, with government revenues from carbon taxes and emissions trading systems (ETSs) topping $107 billion in 2025, according to a World Bank report published on Tuesday.
Read MoreElectric car revolution to accelerate in 2026 amid energy crisis, finds IEA
Electric car (EV) sales will surge this year as drivers respond to spiking petrol and diesel pump prices amid the energy crisis sparked by the war against Iran, finds the International Energy Agency (IEA). Â
Read MoreGlobal South CDR developers warn Article 6 progress too slow to drive investment at scale
The Paris Agreement’s Article 6 mechanism could help channel more investment into carbon removal (CDR) projects in the Global South, but slow domestic implementation and uneven demand signals are still limiting its impact, developers said Tuesday.
Read MoreWeak national enforcement threatens projected CORSIA carbon credit demand wave -report
As the aviation industry prepares for the next phase of the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) in 2027, a new legal analysis has warned that the long-anticipated surge in global demand for carbon credits may fall far short of expectations due to weak national implementation and inconsistent enforcement.
Read MoreStudy urges corporates to define their own residual emissions, in absence of global consensus
Companies aiming for net zero should begin to classify their emissions from fastest and easiest to cut through to hardest-to-abate, in order to overcome the challenge of pinpointing the residual emissions that will need to be removed to hit the ‘net’, according to researchers.
Read MoreGold Standard clamps down on double counting of co-benefits, certified SDG contributions
Gold Standard launched a consultation on Tuesday, introducing a new voluntary reporting pathway for project developers which it said could reduce the risk of double counting co-benefit and certified contributions to the UN’s Sustainable Development Goals (SDGs).
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