CP Daily News Ticker: 5 June 2025

Published 01:01 on June 5, 2025 / Last updated at 01:01 on June 5, 2025 / Daily News Ticker

Introducing the CP Daily News Ticker, a running list of all our news updated in real-time throughout the day. This is also the new home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
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    • Fri 00:04
      California Carbon Allowances (CCA) held steady despite heavy futures and options volumes as the market awaits resolution of federal and regulatory risks, while Washington Carbon Allowance (WCA) prices declined into the Q2 auction.
    • Thu 23:46
      A solar PV facility in the Dominican Republic has become country’s second carbon project to gain Gold Standard (GS) certification, the energy company responsible announced on Wednesday.
    • Thu 23:29
      The US Senate Environment and Public Works Committee has released its version of the budget reconciliation bill that, much like the House version, proposes to gut several GHG reduction programmes funded by the Inflation Reduction Act (IRA).
    • Thu 23:23
      Carbon in Congress – On Wednesday, the Colombian Congress established a temporary committee to examine the current state, risks, and opportunities of voluntary and compliance carbon market regulations in the country. “We cannot, under any circumstances, allow this [market] to be nationalised,” said a conservative congressman leading the initiative in his opening remarks. The committee is composed by members of Congress from right-, centre-, and left-wing parties, paving the way for future regulatory developments in this market.
    • Thu 23:22

      PPM panic - Scientists from the US National Oceanic and Atmospheric Administration (NOAA) and Scripps Institution of Oceanography at the University of California San Diego reported that atmospheric CO2 concentrations at NOAA’s Mauna Loa Observatory surpassed 430 parts per million (ppm) for the first time during this month. Scripps measured an average of 430.2 ppm, while NOAA recorded 430.5 ppm, both reflecting an increase of over 3.5 ppm from May 2024. The Mauna Loa Observatory, situated on Hawaii’s Mauna Loa volcano, is considered as a benchmark for global CO2 monitoring.

    • Thu 23:22
      Steel this alternative - Low-carbon steel producer Boston Metal is close to earning its first revenue as it develops its novel steelmaking process, Canary Media reported Thursday. In the steelmaking process, refining iron typically results in the bulk of GHG emissions, but Boston Metal uses a different, cleaner process known as molten oxide electrolysis. The company plans to build a demonstration plant by 2028 to help take the system to market.
    • Thu 23:21
      Wishlist – The Brazilian private sector presented a document to the COP30 presidency with a list of business priorities for the climate negotiations, Portal da Industria published Thursday. The recommendations were prepared by eight working groups, including one on nature-based solutions that advocated for its integration into regulated carbon markets, alignment of national regulations with Article 6 of the Paris Agreement, and alignment of standards with regulated and voluntary carbon markets. Another working group on transition finance and investment called for interoperability and alignment of carbon markets, taxonomies, MRV systems, and carbon accounting.
    • Thu 23:21
      We heard you - Canada’s Competition Bureau published its final guidelines on environmental claims Thursday, following new greenwashing provisions that entered into law in June 2024. The final version follows two rounds of public consultations over the past year, inclusive of over 400 submissions. The Competition Bureau responded to several comments in a separate document Thursday regarding the scope of the guidance, the Bureau’s role in the legal system, and the impact of the guidance on securities-related claims. Draft guidelines were last published in Dec. 2024.
    • Thu 23:20
      Governments must foster investable environments for gas flaring capture and reduction projects, which could offer a quick win for emissions reduction while incentivising the hard-to-abate oil and gas sector with boosted revenues, according to a recent report.
    • Thu 23:19
      Rage against the disinformation machine - French President Emmanuel Macron and Brazilian President Luiz Inacio Lula da Silva on Thursday jointly reaffirmed their commitment to global climate action and combating climate disinformation. In a joint France-Brazil press release, the two leaders urged other nations to join the Global Initiative for Information Integrity on Climate Change, a Brazil-led multilateral effort supported by the UN, UNESCO, France, and others. The initiative seeks to counter false or misleading narratives about climate change through measures such as supporting independent journalism, protecting environmental defenders, and advocating for democratic regulation of digital platforms. It recognises that safeguarding information integrity is essential for effective climate policy, particularly in the face of targeted disinformation campaigns driven by fossil fuel interests and tech platforms. Proposals are being invited to strengthen this effort.
    • Thu 23:08

      Disclosure dilemma - A new report published by Ceres, a US-based non-profit advocacy organisation, showed that while more US insurers are disclosing climate-related risks, significant gaps remain in setting measurable targets and ensuring accountability. The report analysed disclosures from 526 insurance groups, finding that while nearly all insurers reported on risk management, strategy, and governance, only 29% disclosed metrics and targets, a figure largely unchanged from prior years. The report called for insurers to adopt comprehensive metrics, set science-based targets, and move from disclosure to actionable transition plans amid growing climate-related financial risks.

    • Thu 22:23
      The North American head of an environmental trading desk with a US-headquartered multinational hedge fund has left the firm, Carbon Pulse has learned.
    • Thu 21:44

      SAF study - During the 2025 International Civil Aviation Organization (ICAO) Aviation Climate Week, held from Jun. 2-4, Airbus and Mexican airline Volaris announced a Letter of Intent to contribute to ICAO's Voluntary Environment Fund through a study on Sustainable Aviation Fuel (SAF) production in Mexico. Conducted through ICAO’s Assistance, Capacity Building and Training for SAF (ACT-SAF) Programme, the study is expected to assess policy frameworks, feedstocks, and production pathways. The partnership aims to advance SAF deployment to help achieve ICAO’s net zero emissions goal for aviation by 2050.

    • Thu 21:43
      To unlock the true value of blue carbon, the investment company Earth Security, in collaboration with UBS Optimus Foundation, has launched a new framework with practical recommendations for project developers, communities, and investors to position these credits as premium assets.
    • Thu 21:40
      A California-headquartered direct air capture (DAC) startup has raised $50 million to accelerate deployment of its modular DAC systems that it said provide cost-effective, on-site, and “clean” CO2.
    • Thu 21:04
      Set in soil - The House Appropriations Subcommittee on Agriculture approved an appropriation bill for FY 2026, which would eliminate funding for climate hubs. A bill summary noted that $21.9 bln for the US Department of Agriculture reflects funding cuts but includes increases for high-priority initiatives such as emerging pests and diseases.
    • Thu 21:02
      Can you kick the can-can - US EPA wants to offer an extension of deadlines for oil and gas producers and processors under 2023 methane rules, E&E News reported Thursday. The agency sent a proposal to the White House on Wednesday as the administration broadly considers an overhaul of dozens of environmental regulations.
    • Thu 20:39
      Two cities and one county in Maryland recently appealed the dismissal of their lawsuits seeking to hold major oil and gas companies financially responsible for damages linked to climate change.
    • Thu 20:29
      Generating resilience - Calistoga, California, replaced its diesel backup generators with a new system combining hydrogen fuel cells and batteries to provide clean emergency power during wildfire-related outages, AP reported. Developed by US-based energy storage company Energy Vault, the system can supply power for about two days and is designed to reduce emissions associated with diesel use. Once its application to fully connect is approved, the project—which uses clean hydrogen fuel—is expected to replace previous temporary diesel generators and improve reliability during power shut offs aimed at reducing wildfire risk. Local officials and residents cited the system as a step toward addressing the area’s increasing wildfire threats and climate challenges.
    • Thu 20:27
      In Brazil, public investors push for continued policy support while global private capital forges ahead independent of US policy rollbacks, financiers said during a webinar Wednesday.
    • Thu 17:12
      High impact - Planting trees in Kenya offers the most cost-effective and fast solution to the climate crisis, significantly outperforming expensive tech alternatives like direct air capture (DAC) whilst offering co-benefits like biodiversity uplift, found a new study by Oxford University together with non-profit Word Forest. The analysis looked at 12 carbon removal technologies' implementation cost, deployment complexity, and carbon absorption capacity. Reforestation in Kenya was found to be low cost with immediate deployment possible, with trees there growing 10 times faster than in northern latitudes, absorbing about 0.25 tonnes of CO₂ within 5-7 years. The country currently has 10% canopy cost so has vast potential and businesses should invest there first before deciding which carbon removal tech option to bet on, they wrote.
    • Thu 17:00
      Global sustainable aviation fuel (SAF) demand is set to reach around 2 million tonnes in 2025, but reliance on limited feedstocks could constrain growth beyond 2030 unless alternative production pathways are rapidly scaled, according to a market outlook released Thursday.
    • Thu 16:57
      Risk concerns - Banks and investment managers in the UK are failing to show enough risk appetite to drive the low-carbon transition, said Ian Brown, head of banking and investments at the UK's National Wealth Fund. Brown said the wealth fund is assuming lots of risk to support the sector such as financing a gigafactory in Sunderland but that net zero will only happen with sufficient private financing. He stressed it's unfeasible to rely on the public purse alone to achieve such targets, and that institutional investors in particular are wary of taking construction risk despite managing large transition funds. (Bloomberg)
    • Thu 16:45
      Microsoft continued to support the engineered carbon removal (CDR) market in May, accounting for lion’s share of the 3.48 million tonnes of forward purchase agreements, according to data platform CDR.fyi.
    • Thu 16:43
      Green labelling schemes have urged policymakers to adopt a more realistic approach to steel decarbonisation, saying EU objectives must recognise the physical limits of scrap availability and incentivise emissions reductions across all steel production routes.
    • Thu 16:32
      The European Commission on Thursday published its Ocean Pact, a political initiative expected to play a crucial role in ocean governance, committing to present an Ocean Act within two years.
    • Thu 16:29
      AI vs administration - The US EPA recently launched a generative artificial intelligence tool intended for internal staff use, which affirmed mainstream climate science by identifying human-caused climate change as a public health threat, E&E News reported. The tool’s conclusions contrast with the Trump administration’s position, including EPA Administrator Lee Zeldin’s expected effort to revoke the agency’s 2009 endangerment finding that underpins key climate regulations. The AI tool, reportedly developed with OpenAI technology and customised for EPA use, emphasises climate risks such as extreme weather and resource shortages. The EPA has not commented on the tool’s rollout.
    • Thu 16:06
      The carbon removal sector is in the midst of a crisis despite record offtake volumes this year, driven in part by the scramble to secure venture capital to scale nascent technologies — but there is now clear movement towards sovereign backing of the industry, experts told an event on Thursday.
    • Thu 16:00

      Grift gripes - House Republicans criticised the US EPA’s $27 bln Greenhouse Gas Reduction Fund during a hearing on Wednesday, calling it a “massive grift” that channeled taxpayer money to Democrat-aligned groups. The hearing, led by Rep. Marjorie Taylor Greene (R) in the House Oversight and Government Reform Subcommittee on Delivering on Government Efficiency (DOGE), focused on non-profit organisations receiving federal funds. (E&E News)

    • Thu 15:55
      Project developers are stepping up their campaign to tone down cookstove methodology requirements by calling on the UNFCCC Clean Development Mechanism’s (CDM) Board to review outdated science that could lead to under-crediting.
    • Thu 15:23
      The UK is putting close to £5 million of funding into six renewable energy projects in Africa aimed at helping countries leapfrog reliance on fossil fuel power generation, it was announced Thursday.
    • Thu 15:22
      A large voluntary carbon project developer has called for greater alignment among the buyers of credits for new schemes to help unlock high-quality supply.
    • Thu 15:22
      Despite the steep decline seen in voluntary carbon trading, some observers maintain that if the political will is there, carbon markets can deliver significant amounts of climate finance – potentially over half of the needed invested to meet long-term climate objectives.
    • Thu 15:21
      A UK-headquartered carbon capture developer announced Thursday it has partnered with a Japanese supplier of floating production to develop and scale ship-based carbon capture systems.
    • Thu 15:03
      Sunny skies - UK solar generated a record 7.6 TWh in the first five months of this year, 42% higher than the 5.4TWh generated in the same period last year, Carbon Brief found. To date this year, the technology has avoided the need to import gas costing around £600 mln, which would have released 6 mln tonnes of CO2 when burned. But solar was still only the UK’s sixth-largest source of electricity in 2025 to date, after gas (37 TWh), wind (33 TWh), imports (18 TWh), nuclear (15 TWh), and biomass (8.0 TWh). The record was largely driven by the record sunny spring but was also helped by rising capacity, which reached 20.2 GW in 2024, up by 2.3 GW from 17.9 GW a year earlier.    
    • Thu 14:56
      Art 6 tracker - Climate Action Center of Excellence (CACE) together with Emsurge has launched an Article 6 tracker to help public and private sector stakeholders assess the national readiness for more than 140 countries to participate in high-integrity carbon markets under Article 6 of the Paris Agreement. The tracker covers all 141 countries eligible for Official Development Assistance (ODA), as listed by OECD/DAC. It covers sectoral analysis of NDC targets, readiness status of Letters of Authorisation, tracking systems, bilateral agreements, and transparency reports. Plus other insights to inform investment and policy. Designated National Authorities (DNAs) can access the pilot version for free by registering here.      
    • Thu 14:42
      China biochar - Another China-based biochar project has been officially registered under carbon standard Puro.earth, according to audit firm Earthood, following the registration of MioTech's Nanjing Nian'da biochar initiative. The Jiaxing Tongao Biochar Project, developed by Climate Future, collects agricultural waste such as crop straws and garden waste to produce biochar. No CO₂ Removal Certificates (CORCs) from the Jiaxing Tongao facility have been certified so far, the Puro platform showed.
    • Thu 14:41
      Project extension - European Green Transition (EGT), a London-listed company focused on developing green economy assets across Europe, has secured a six-month extension to its option agreement for the Altan Carbon Credit project, a peatland carbon sink programme in Donegal, Ireland. The extension, granted at no additional cost, allows EGT to continue discussions with key stakeholders, aiming to generate near-term revenue through carbon and biodiversity credits. (London Stock Exchange
    • Thu 14:11
      Stakes are high for efforts to tackle the marine biodiversity crisis when France next week hosts the UN Ocean Conference (UNOC).
    • Thu 13:38
      Tech companies around the world saw their operational emissions rise by 1.4% between 2023 and 2024 as data centres continued to eat up electricity — despite more companies setting reduction targets, according to a report published on Thursday.
    • Thu 13:35
      A Singaporean exchange has stolen a march on its rivals in the fiercely competitive market for benchmarking carbon prices, after reporting an offer for CO2 tonnes on a floating price basis versus its Phase 1 CORSIA index.
    • Thu 13:11
      The European Commission will put forward its 2040 climate target proposal on July 2, a crucial step that officials said will "inform" the EU’s updated Nationally Determined Contribution (NDC) to the Paris Agreement.
    • Thu 13:11
      Tiki taka - Europe's football governance body UEFA this week launched a new methodology to measure carbon emissions from football infrastructure projects, including stadiums, training grounds, and offices. Developed with Carbon Trust and a working group of clubs, leagues and national associations, the tool aims to account for lifecycle emissions from construction activities, excluding operational use. A report earlier this year found that 'the beautiful game' emits 66 MtCO2 annually, with most of it coming from indirect emissions of sponsors who are usually from high-emitting industries, like oil and gas, airlines, and cars.
    • Thu 13:10
      The government of England’s North East region has unveiled an online platform designed to connect private buyers and suppliers of nature-based solutions.
    • Thu 13:05
      Australia's Northern Territory (NT) savannas are facing unprecedented threats primarily due to human impacts, with market-based solutions like biodiversity credits seen as a valid tool to mobilise funding towards their protection, a report released this week said.
    • Thu 12:58
      The Article 6.4 Methodological Expert Panel (MEP) has launched a call for public consultation of the first proposed methodology under the Paris Agreement Crediting Mechanism (PACM), it announced Thursday.
    • Thu 12:19
      Biodiversity and nature-based carbon credit markets are projected to reach $48.7 billion by 2034, backed by growing investor interest in natural capital and ongoing efforts to meet international policy targets, according to a report released this week.
    • Thu 12:10
      European carbon allowance prices rose as high as 2% on Thursday morning, initially following gas and boosted by a strong auction, before easing back across the afternoon and breaking their TTF correlation to settle flat on the day, in what sources described as directionless movements driven mainly by some profit taking.
    • Thu 12:03
      Classifying excess CO2 as a noxious gas — on par with other industrial pollutants like ammonia and carbon monoxide — could push companies beyond incremental emissions tracking and into more decisive climate action, the founder and CEO of an ESG assurance firm has told Carbon Pulse.
    • Thu 11:39
      The end goal of talks on linking the EU and UK emissions trading schemes (ETSs) is to ensure "fungibility" between allowances on the two sides, the UK ETS Authority said this week, without giving many further details on upcoming talks.
    • Thu 10:36
      Not in the weeds - Indonesia, which is working towards a B50 biofuel that is a 50-50 mix of bio- and fossil fuel, is now looking to seaweed to make a portion, suggesting it could be a third generation biofuel, according to the Indonesia Business Post. Using seaweed would also contribute to a blue carbon economy and reduce emissions. Indonesia is already one of the world’s largest producers of seaweed and plans to develop a $12-bln industry from its coastline. It has been included on its list of 28 products that are part of its expanded downstream agenda.
    • Thu 10:24
      Gaining ground - European carbon removals accelerator Remove has partnered with Indian think tank, the Council on Energy, Environment, and Water (CEEW) to support carbon removals startups and cultivate CDR ecosystems in India as well as globally, Remove announced on LinkedIn. The accelerator marked its entry into the Indian market last year when it selected the first cohort of startups. While India has great potential to supply removals credits globally, it lacked local demand, Marian Krueger, co-founder of Remove, told Carbon Pulse at the time.
    • Thu 09:59
      We can work on it - SustainCERT on Thursday said it has been officially approved as a validation & verification body (VVB) under the Joint Crediting Mechanism (JCM) between Japan and Indonesia, providing services for carbon mitigation projects related to energy industries and transport. It is also seeking to expand its accreditation under ISO 14065:2020 for waste disposal, afforestation and reforestation, and agriculture. Almost 60 Indonesia-based projects have registered under the bilateral mechanism, according to official data.
    • Thu 09:58
      Network expansion - Project developer ByWill, which aims to contribute to carbon neutrality in all 47 prefectures in Japan, on Thursday said it has concluded a collaboration agreement with the government of Gifu prefecture's Wanouchi town and Ogaki Kyoritsu Bank to create and sell environmental values, including domestically issued J-Credits. A similar agreement has also been signed between ByWill, the bank, and the government of Ibigawa town.
    • Thu 09:53
      Global economies and societies are linked to forests in a deeper way than previously thought, meaning governments need to have a long-term approach to ensuring their survival, according to a global report by scientists.
    • Thu 09:37
      Woodside Energy’s carbon capture and storage (CCS) hopes took another step forward this week after the consortium it leads signed a Memorandum of Understanding (MoU) with listed miner and energy startup NH3.
    • Thu 09:00
      The Biodiversity Credit Alliance (BCA) on Thursday announced it is beginning work to design an independent review mechanism for voluntary biodiversity credit markets.
    • Thu 08:52
      CCS on FPSO for IMO - Shipbuilder MODEC and Carbon Clean Solutions have signed an MoU to further develop CCS aboard floating storage and production offloading (FPSO) vessels, taking the CO2 from what is burned for power and sequestering it, they announced in a statement. FPSOs are oil production vessels moored in place. The partners hope the work will help meet International Maritime Organization regulations on ships’ emissions. They also hope that if the work is successful, it will enable post-combustion CCS to become a standard offering on future FPSO projects.  
    • Thu 08:47
      A major agricultural lender in Japan has teamed up with a Tokyo-headquartered project developer to utilise carbon crediting mechanisms, it announced Thursday.
    • Thu 08:43
      A drop in New Zealand’s gas reserves could see an increase in coal-burn for power generation and industrial processes in the short term, market experts have warned, leading to a rise in emissions and stronger demand for carbon allowances.
    • Thu 08:23
      Coal shoulder - India’s coal-fired power generation fell 9.5% year-on-year in May 2025, the sharpest drop since the COVID-19 lockdown in 2020, as overall electricity demand declined and renewable energy hit a record high, Reuters reported. Total power output fell 5.3%, while peak demand dropped 8% on a milder than expected summer so far. At the same time, renewable energy generation surged, now making up 15.4% of the power mix, the highest share since 2018. Coal's share dropped to 70.7%, and gas-fired power fell 46.5% amid high prices and lower demand. This comes as an IEA report today said that India looks set to reach its 2030 target of 50% non-fossil generation capacity ahead of schedule.
    • Thu 08:14
      Singapore and the Philippines are working to finalise a legally binding deal to operationalise a carbon credits partnership under Article 6 of the Paris Agreement, Singapore Prime Minister Lawrence Wong said this week.
    • Thu 07:55
      Energy sector spending is now two-to-one favouring renewables and nuclear over fossil fuels, and capital spend will rise 2% this year to $3.3 trillion, but this is driven more by energy security concerns than emissions reduction ambitions, the International Energy Agency (IEA) said Thursday.
    • Thu 07:22
      Show me the money - The government of Zambia is set to receive $30 mln from the World Bank in results-based payments to reduce 3 MtCO2e over 2024-29 under the Eastern Province Jurisdictional Sustainable Landscape Programme, it announced this week. The nation formally signed a Nested Emission Reduction Performance Agreement (NERPA) with the World Bank last year to undertake activities such as forest conservation, climate-smart agriculture, use of fuel-efficient cookstoves, and sustainable charcoal production. Earlier this week, it also signed an MoU with the Community Markets for Conservation (COMACO), it said.
    • Thu 07:20
      COP commitment - The South Australian government has committed A$8.4 mln ($5.1 mln) over two years to support the state's preparation for Adelaide to host COP31 in Nov. 2026, should the federal government be successful in its bid, according to its state budget. The budget papers note the annual meeting will bring together world leaders to assess progress on climate change. The state government spending comes on top of the A$75 mln that was committed by the federal government in March. Australia is looking to host UN talks in partnership with the Pacific, however, Turkiye is still competing to secure the bid.
    • Thu 07:00
      UK ETS allowances are nearly £20 more expensive than they were at the beginning of 2025, with the rise in price thanks in large part to several speculative articles - as well as later official announcements - reporting that the UK and EU aim to connect their two emissions trading schemes (ETSs), but analysts have highlighted that the volatile nature of the headline-driven market is also unlikely to change soon.
    • Thu 06:59
      CBAM transition plea – The European Network of Transmission System Operators for Electricity (ENTSO-E) has called for extending the transitional period of the EU’s Carbon Border Adjustment Mechanism (CBAM) beyond Jan. 2026, Montel reported. The move would allow more time for EU neighbouring countries to prepare, an ENTSO-E official argued during a meeting of the Energy Community Electricity Forum in Athens, on June 4. Coal-reliant countries like Bosnia, Serbia, North Macedonia, and Kosovo are expected to be heavily affected by CBAM, which is now in a transition period and is due to apply fully as of Jan. 1, 2026. The Energy Community brings together the EU and 9 neighbouring countries that are either candidates or potential candidates to join the EU. (Montel)
    • Thu 06:00
      A surge in new, cheap distributed solar power capacity in Pakistan is leaving parts of the country's Chinese-funded coal-fired power plant fleet obsolete with some running at just 4% capacity while millions of tonnes of CO2 are being avoided, a report said Thursday.
    • Thu 05:59
      Green fee - Papua New Guinea's Climate Change Development Authority has signed an agreement with the National Airports Corporation to introduce its green tourist tax at Jackson International Airport in Port Moresby, it announced on Facebook. The fee is designed to offset tourists carbon footprint by generating revenue to go towards climate mitigation and adaptation work, and has been set at K50 ($12.14) per person and will commence from July 1.
    • Thu 05:25
      Cancellations of Kyoto-era carbon credits fell slightly in Australia’s national accounts, according to data from the Clean Energy Regulator, as buyers are looking to purchase fewer, but more high quality units to meet their ESG strategies, according to a supplier CEO.
    • Thu 05:06
      On the right track - Mumbai’s metro operator has secured over 85,000 carbon offset units for two of the city’s metro corridors and is now seeking registration under the Verra carbon registry for seven upcoming lines, Times of India reported. Offsets came from Universal Carbon Registry for Lines 2A and 7, covering the period from Jan. 2023 to Dec. 2024. The offsets were awarded under a “modal shift” methodology, recognising avoided emissions from commuters shifting from personal vehicles to metro transit. The certification followed a third-party audit verifying carbon neutrality for the two corridors under the PAS 2060:2014 international standard, according to a statement from the Mumbai Metropolitan Region Development Authority. Earlier this year, India unveiled methodologies for its domestic offset market, which allowed transportation to generate credits under Phase 1 of the scheme.
    • Thu 04:42
      Batteries up - China’s Envision Energy and a renewable energy subsidiary of Indonesian conglomerate Sinar Mar announced a collaboration on storage technologies across Southeast Asia, Australia, and India Thursday. Sinar Mas’ SUNTerra will work with the Chinese energy giant to enhance global supply chains, and improve local manufacturing in addition to the roll out of storage. The partnership, they said, will cover the full value chain to speed storage uptake across their three key markets.
    • Thu 02:30
      Critical year - The year 2025 could be a crucial year in China’s energy transition, but the progress will depend on whether the government continues to approve new coal power capacity, according to new research from Greenpeace East Asia. China approved 11.29 GW of new coal power capacity in Q1 2025, meaning total coal capacity approved during the current five-year plan period (2021-25) now stands at 289 GW, doubling the approved 145 GW during the previous period (2015-20). Both eastern and western provinces have accelerated approvals since 2021, placing China "at a critical crossroads", the non-profit said.  Meanwhile, China’s installed capacity of wind and solar reached 1,482 GW by the end of March, surpassing that of thermal power for the first time. If the trend continues, renewables could meet all of China’s new electricity demand, putting the power sector on track to peak carbon emissions this year, according to Greenpeace. The non-profit said there is already enough existing capacity to meet today’s peak demand. Approving a new wave of large-scale coal projects risks creating overcapacity, stranded assets, and higher transition costs, it added.
    • Thu 02:27
      Advertising emissions metrics – A new partnership aims to help advertisers track the emissions associated with their digital campaigns, said Integral Ad Science in an emailed press release on Thursday. The media measurement platform’s tie up with sustainable advertising tech provider Impact Plus will provide advertisers with campaign-specific emissions data. IAS pointed to regulations in the EU and California requiring companies to report on their environmental impact as a driver for the move to incorporate emissions metrics into its overall media measurement platform.
    • Thu 01:39
      Deficit generation under the Oregon Clean Fuels Program (OCFP) in Q4 last year surpassed total credit output, which dropped to the lowest levels since early 2023, according to state data published this week.
    • Thu 01:23
      A California Assembly committee has approved a bill that seeks to offer electricity customers a climate credit during the hottest months of the year, to ease energy burdens as the state promotes its electrification programmes.
    • Thu 01:09
      Experts apply here – New Zealand’s Climate Change Commission is looking for experts in climate change adaptation research to review its progress on the 2026 National Climate Change Risk Assessment. The assessment is focusing on the risks the physical impacts of climate change, such as rising sea levels and more frequent and intense storms, pose to the country’s economy, society, environment, and ecology. The Commission is looking for experts to reviews its risk identification and analysis across six areas: built environment; economy and financial system; governance; natural environment; people, health, and communities; and sectors relying on the natural environment. The deadline for applications is June 22, and the work will take place from July to October.

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