BRIEFING: Global energy sector CO2 emissions to rise 0.5% in 2026 despite coal decline
CO2 emissions from energy consumption will rise 0.5% in 2026 despite the first decline in coal demand in years, as continued growth in oil and gas use offsets the drop, according to a research group webinar.
Read MoreBRIEFING: Maryland reverses course, moves ahead with climate damage cost study under new funding agreement
Maryland has put in place a funding agreement to carry out a comprehensive study assessing the economic costs of climate change and extreme weather impacts on the state, including whether major fossil fuel companies will be required to compensate for climate damages.
Read MoreBRIEFING: Project developers split over savanna fire management ACCU issuance
Submissions to the Australian savanna fire management (SFM) method, currently before the integrity body, has highlighted differing views on the way issuance from historical sequestration should be treated.
Read MoreBRIEFING: UK govt needs to hurry up and send signals of support, carbon removals industry warns
The UK government needs to incentivise investments in carbon removal technologies, including through both voluntary and compliance markets, within the next few years – or risk “catastrophically failing” and setting the industry back 10 years, according to industry players.
Read MoreBRIEFING: Researchers warn of major hydropower over-crediting as Verra rejects parallels with troubled Kariba REDD+ project
Verra has defended its continued issuance of hydropower offsets after US-based researchers accused the standards body of knowingly generating a large pool of potentially non-additional units that could rival or exceed the scale of excess crediting observed at Zimbabwe’s embattled Kariba REDD+ project.
Read MoreBRIEFING: EU finalises stricter CBAM rules, raising costs for importers as benchmarks tighten and default values surge
EU member states have approved the long-awaited rules governing how the bloc’s Carbon Border Adjustment Mechanism (CBAM) will operate from 2026, adopting a more stringent framework than those in draft texts leaked last month and raising the cost exposure for importers across steel, aluminium, cement, fertilisers, and hydrogen.
Read MoreBRIEFING: EU’s future decarbonisation bank to allocate fixed premium based on CO2 abatement
The European Commission’s forthcoming Industrial Decarbonisation Bank (IDB), set to be unveiled next year, will allocate funding to projects based on the volume of CO2 emissions reduced per euro invested, a senior EU official has said.
Read MoreBRIEFING: Verra launches review into large Amazon REDD carbon project in wake of public scrutiny
Verra has launched a review into the verification and validation assessments of a large avoided deforestation project in the Brazilian Amazon following accusations that it has generated millions of carbon credits from land inside federally-protected areas.
Read MoreBRIEFING: Australia’s updated landfill gas ACCU method does little to assuage market critic
One of the Australian Carbon Credit Unit (ACCU) Scheme’s biggest critics has said the updated landfill gas method has done nothing to convince him that the integrity of the market has improved since the reforms of the Chubb review.
Read MoreBRIEFING: Greece lays out CO2 capture plans, looks to Italy and Egypt for storage
As legislation on carbon capture and storage (CCS) makes its way through the Hellenic Parliament, Athens is looking to Italy and Egypt for storage, with a first Memorandum of Understanding signed earlier this year in Cairo, officials said.
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