Corporate giants urge electrification push to shield Europe from fossil fuel shocks
More than 100 companies, including multinationals such as Ikea, Unilever, Siemens, and EDF, issued a statement on Monday urging governments to put electrification at the heart of economic and industrial policy, warning that continued reliance on fossil fuels is driving volatility and higher costs.
Read MoreIndia nods $2 bln scheme to capture carbon from power, steel, and cement plants
India’s finance ministry has cleared an INR 197 bln ($2.1 bln) scheme to develop technologies and reservoirs to capture and store carbon emissions (CCUS) from large industrial units such as power plants, steel mills, and cement factories, a domestic business daily reported, citing sources.
Read MoreGermany leads Europe’s 2025 heat pump surge as EU readies ETS2 launch
Heat pump deployment rebounded across Europe in 2025, led by Germany, paving the way for a smoother launch of the EU’s upcoming Emissions Trading System for road transport and heating fuels (ETS2), according to new market data published on Monday.
Read MoreAnticipation litigation: Climate lawsuits seen to increasingly rely on consensus rather than causation
A growing body of climate litigation targeting major emitters may increasingly rely on broad scientific and political consensus rather than direct attribution of climate damages, according to a new academic study that identifies an emerging category of “anticipatory climate litigation”.
Read MoreV25 credits settle below $10 in first round of 2026 auction for Colorado manufacturing GHG trading programme
V25 credits settled at below $10 in the first round of the 2026 auction under Colorado’s carbon trading programme for manufacturing facilities, less than half of the previous year’s initial result, according to a state notice.
Read MoreTrump administration reaches deal to redirect $765 mln from offshore wind leases to gas, geothermal
Four federal offshore wind leases would be voluntarily terminated and $765 million redirected towards gas-fired power plants and geothermal generation under a settlement announced recently by the US Department of the Interior (DOI).
Read MoreBRIEFING: AI data centres’ gas rush tests whether power demand can become flexible
US grid regulators and a federal court are being pulled into a fight over how AI data centres power their operations, as reliability demands push developers toward private gas-fired generation and raise questions over whether some workloads can be shifted before emissions are locked in.
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 opens €1.1 bln funding round to decarbonise transport links
The European Commission has launched a €1.1 billion funding round to upgrade rail, waterway and other low-carbon transport infrastructure across the EU, Ukraine and Moldova under the EU’s 2026 Connecting Europe Facility (CEF) Transport calls.
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”.
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