US, Qatar urge EU to “stop the clock” on methane reporting rules
The United States, Qatar, Nigeria, and Algeria have warned that the EU’s methane regulation risks disrupting Europe’s oil and gas supplies unless Brussels swiftly freezes the law and amends it to prevent widespread non-compliance.
Read MoreAverage new car and van emissions falling sharply in Europe ahead of ETS2
Average carbon emissions from new cars and vans in Europe, due to be included in the delayed ETS2 cap-and-trade scheme, fell sharply last year amid the switch to electric vehicles (EVs), according to provisional data on Thursday.
Read MoreLCAW26: CBAM is the stick, Article 6 the carrot, and market instruments the tool to implement, says commodities trader
The clearest route to scaling carbon markets is to penalise emissions using carbon border fees and reward low-carbon intensity products through the use of market instruments such as book-and-claim and environmental attribute certificates (EACs), according to a representative of a global commodities trading house.
Read MoreCampaigners call for national CDR goals, despite EU ‘target fatigue’
Climate NGO Carbon Gap has urged EU governments to set binding national targets for permanent carbon removal (CDR) under the bloc’s 2040 climate framework, warning that a single, EU‑wide net emissions goal will not deliver the volumes needed to reach net zero.
Read MoreANALYSIS: China’s push to curb superpollutants creates carbon credit potential
China’s policy efforts to mitigate superpollutants have advanced over the past few years, creating new potential for carbon credit development, experts told Carbon Pulse.
Read MoreFood processors largely outside carbon markets despite potential, says report
Direct exposure to carbon markets is limited for food and beverage manufacturers because most fall below emissions thresholds covered by compliance schemes, leading to investment decisions driven largely by fuel-credit programmes, tax incentives, and energy savings, according to a new report.
Read MoreFinnish consortium launches to unlock €34 bln hydrogen market opportunity
A new Finnish consortium aiming to scale up hydrogen adoption has been launched, seeking to unlock Finland’s €34 billion hydrogen market, announced a consortium member on Thursday.
Read MoreOcean CO2 removal company raises $12.5 mln in initial Series B financing
A California-based marine carbon dioxide removal (mCDR) company raised $12.5 million in the first close of its latest funding round, targeting application of its technology in other industrial markets.
Read MoreAlgeria sets 14% emissions cut goal by 2035, eyes Article 6 cooperation
Algeria pledged to reduce its greenhouse gas emissions by 14% below business-as-usual levels by 2035, according to its updated Nationally Determined Contribution (NDC), with the country signalling its intent to use the Paris Agreement’s Article 6 cooperation mechanisms.
Read MoreNZ cleantech platform seeks to help homegrown companies break out
A new cleantech platform in New Zealand is looking to bring together innovators, funders, and relevant government agencies to help the sector grow, its co-founder and CEO told Carbon Pulse.
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