Oil and gas majors partner to produce SAF at Chinese refinery
China’s second-largest oil and gas company and French oiler TotalEnergies plan to develop sustainable aviation fuel (SAF) at an existing Chinese oil refinery.
Read MoreJapanese, US giants look to clean fuel agreement
Japan’s Jera plans to buy into a giant US hydrogen project that would supply it with 500,000 tonnes of green ammonia per year, it said Tuesday.
Read MoreEU gives final green light to gas saving measures until April 2025
The Council of EU member states gave the final go ahead Monday to measures aiming to reduce gas demand by at least 15% compared to 2017-2022.
Read MoreClimate litigation on the rise with increased reporting requirements -lawyers
Climate litigation cases look set to rise in coming years as new sustainability reporting requirements come into play, from the EU to the US, said lawyers during a conference on climate and ESG legal risk.
Read MoreLawsuit win against KLM’s carbon offsetting claims sets precedent to change airline behaviour, says lawyer
The recent ruling by a court in the Netherlands that KLM’s historical climate claims, including use of voluntary carbon credits, constituted greenwashing could change airlines’ practice in the EU, said a lawyer who worked on the case.
Read MoreVCM Report: Market pauses as ICAO delays approval of new standards, ICVCM wades through voluntary carbon methodologies
Trade in the voluntary carbon market stumbled last week under a cloud of uncertainty created by key organisations.
Read MoreIPCC plans to unveil carbon removals methodology by end of 2027
UN scientists will reveal a new methodology for carbon capture and removal technologies and to help inform national climate plans, the chair of the IPCC told an international summit.
Read MoreGovernments must develop biodiversity standards to address paper industry’s impacts, study says
Incentives for sustainable forest management and recycling are urgently needed to mitigate the biodiversity impact of paper production, as forest ecosystems have come under increasing pressure due to logging and the industry’s extensive use of chemicals, a study has said.
Read MoreCommodity trader to generate 75 mln voluntary carbon credits by 2030 from portfolio
A multinational energy and commodity trading company has financed a voluntary carbon project pipeline worth 75 million issuances by 2030, it confirmed in a sustainability report.
Read MoreDouble claiming risk at centre of CORSIA approval block on voluntary carbon standards
ICAO has requested that voluntary carbon standards account for the supply risk in the event of the double claiming of credits under CORSIA, as a condition for approving programmes in the current 2024-26 phase of the international aviation offsetting scheme, after no new issuing bodies were given the green light at a key meeting last week.
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