DATA DIVE: US DOE reinstating $24 bln in Biden-era project awards
The Trump administration appears set to preserve $23.9 billion in US DOE grants, including previously terminated funding for direct air capture (DAC) and hydrogen hubs.
Read MoreVCM MONTHLY: Healthy quarterly retirements across voluntary carbon market, CORSIA prices dive 25%
Over 50 million credits were retired over the first three months of 2026, the highest quarterly figure since Q1 2025, while the price of allowances under the UN’s offsetting scheme for global aviation have dropped by around 25% since the turn of the year.
Read MoreDATA DIVE: NZ ETS applications fall further in March, govt data shows
The number of applications to submit land to New Zealand’s ETS slipped to single digits in March, according to government data published this week.
Read MoreDATA DIVE: Oil and gas, mining net zero strategies hinge on emissions cuts, not production change
Major oil and gas and mining companies are prioritising operational emissions reductions while providing limited clarity on capital allocation and production shifts, according to new data covering companies worth more than $2.8 trillion.
Read MoreDATA DIVE: Asia gas premium over Europe to filter in support for EUAs, say analysts
Increased demand for LNG from Asian buyers should squeeze European natural gas prices, boost coal in the EU power mix, and feed some support for EUAs over the spring and summer, according to analysts, though any fuel switching demand from electricity production would also likely come in the face of a tough conditions for industrials amid high energy costs.
Read MoreDATA DIVE: EU coal rebound from higher gas prices yet to arrive in force
Coal-fired power generation and emissions have yet to significantly rebound across the EU amid mild weather and low demand, despite analysts highlighting fuel-switching away from gas due to extreme price spikes in March.
Read MoreDATA DIVE: Proposed WOTUS Rule threatens foundation of US ecosystem market
US ecosystem market stakeholders are awaiting word on a proposed EPA rule which would dramatically reduce the number of wetlands requiring offsets.
Read MoreDATA DIVE: Fuel switching keeps support for EU carbon in face of looming recession, political intervention risks
EU coal-fired power is set for a boost in 2026 and should maintain demand for EUAs even while global recession fears mount and Brussels mulls political intervention in the bloc’s ETS, as surging natural European gas prices due to war in the Middle East have weakened that fuel’s electricity generation margins, according to profitability spreads and market analysts.
Read MoreCDR MONTHLY DATA: Investment falls but retirements edge up with market showing signs of maturity
The engineered carbon removals (CDR) market saw a softening in investment and fewer forward purchase deals in February, with biochar projects again dominating new issuance and retirements, according to registry data and figures from two analytics firms.
Read MoreVCM MONTHLY DATA: Carbon credit retirements surge to highest level for 12 months but CORSIA prices tumble
End-user demand across the voluntary carbon market (VCM) was strong in February, with over 25 million credits retired, a level not seen for a year, while prices for those eligible to be used under the CORSIA international aviation offsetting scheme took a tumble as analysts noted that a steady stream of supply may finally be on the cards.
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