CP Daily News Ticker: 24 June 2025

Published 01:01 on June 24, 2025 / Last updated at 01:01 on June 24, 2025 / Daily News Ticker

Carbon Pulse PremiumNet Zero Pulse

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.
Click on the coloured labels below to filter by region or topic
Clear filter
  • Wed 00:33
    The reconciliation bill currently winding its way through Congress has elements that could devastate some CO2 removal (CDR) projects along with elements that could push other projects forward, experts said Tuesday.
  • Wed 00:32
    The economic value of forest carbon across Asia averages $1,632 per hectare, according to a new meta-analysis, as the researchers urge policymakers to integrate forest carbon valuation into climate mitigation and land-use strategies.
  • Wed 00:20
    Cutting methane emissions from cattle in the Global South will require a shift toward higher productivity, not costly substitutes, experimental technologies, or carbon offsets, according to a new report from Harvard University’s Salata Institute for Climate and Sustainability.
  • Wed 00:20
    California legislators introduced a proposal this week to lower the state’s Low Carbon Fuel Standard (LCFS) credit price cap while establishing impact analysis requirements for regulations that affect transportation fuel prices.
  • Wed 00:01
    The UK Climate Change Committee (CCC) has told the government that it must make electricity cheaper to help the UK meet its key climate targets in its 2025 report to parliament, which was released on Wednesday.  
  • Wed 00:01
    At least 500,000 soil carbon credits have been snapped up in the world’s largest offtake deal for the sector of the voluntary market to date, although the volume could rise to 900,000, it was announced Wednesday.
  • Wed 00:01
    Climate litigation is reaching the world's highest courts more frequently, with 276 such cases reaching apex courts since 2015 - a growing number of which have raised greenwashing concerns about the use of carbon credits to offset emissions, new analysis has found.
  • Wed 00:00
    Ensuring the eligibility of credits generated from carbon capture and storage (CCS) under Brazil’s future emissions trading system (ETS) will be necessary to scale the emerging technology in the country, the head of a national industry group said.
  • Tue 23:30
    Two multilateral development banks have published Amazon-specific guidelines for the issuance of thematic use-of-proceeds bonds that finance sustainable transport, buildings, energy, forestry, agriculture, and conservation initiatives.
  • Tue 23:12
    Banking giant JP Morgan Chase has pre-purchased 50,000 carbon removal (CDR) credits enabled by direct air capture (DAC), the project’s US-based developer announced on Tuesday.
  • Tue 21:43
    A group of bipartisan Michigan state senators introduced a suite of bills aimed at establishing a regulatory framework and permitting process for carbon sequestration projects in the state.
  • Tue 21:27
    An agriculture-focused CO2 removal (CDR) developer has signed an offtake agreement with a tech giant for 2.6 million carbon credits from soil-based projects in the US.
  • Tue 21:16
    Uncertain automakers - The US auto market is facing growing uncertainty as political and regulatory developments cast doubt over the future of electric vehicles, E&E News reports. In just one week, former President Donald Trump has revoked California’s EV sales mandate, floated higher tariffs on imported vehicles, and Republicans advanced a budget bill to scrap the $7,500 federal EV tax credit. Additionally, a Supreme Court decision may make it easier for oil firms to challenge emissions standards. At the same time, US automakers face mounting pressure from low-cost Chinese EV competitors entering Europe. A recent report by BloombergNEF suggests the US is set to be left behind as the EV market ramps up.
  • Tue 21:14
    Panamera expansion - US-based metals recycling and energy company Panamera Holdings has signed a letter of intent to with carbon tech developer Rain Cage Carbon to license its carbon conversion and clean energy technologies. The license grants Panamera exclusive rights in the US and Mexico, with plans for future expansion.  
  • Tue 21:10
    A UK-based carbon data provider on Tuesday announced plans to rate a jurisdictional REDD+ (J-REDD) programme in the Brazilian state of Acre.
  • Tue 20:59
    More protections rescinded - The Trump administration is rescinding a 2001 rule that prohibits road construction and timber harvesting on 58.5 mln acres of National Forest System lands. On Monday, US Department of Agriculture (USDA) Secretary Brooke Rollins announced the rollback of the rule during a meeting of the Western Governors’ Association, claiming that the rule is “overly restrictive” and “outdated”. According to the USDA, about 30% of National Forest System lands are impacted by this rule, and the recension of the rule will open up the nation’s forests – like Alaska’s Tongass National Forest – to “responsible timber production”, the agency said in a press release.
  • Tue 20:57

    Save SAF - A coalition of stakeholders from across the agriculture, biofuel, aviation, and energy sectors on Sunday sent a letter to US Senate Majority Leader John Thune (R) and Senate Finance Committee Chair Mike Crapo (R) urging the restoration of the sustainable aviation fuel (SAF) credit to $1.75 per gallon under section 45Z of the Clean Fuel Production Credit. In the letter, the group argued that eliminating the SAF credit differential threatens the growth and viability of the US SAF industry, which is still developing and faces higher production costs. The coalition contended that reinstating the credit would support domestic SAF production, enhance energy security, and support US leadership in clean aviation fuel development amid growing global competition.

  • Tue 20:56

    Renewable rumble - US Senate Republicans are continuing internal negotiations over energy tax credits in their proposed megabill, with little expectation of major changes to the Senate Finance Committee’s draft released last week, E&E News reported. The current language favours geothermal, nuclear, and hydropower, while phasing out subsidies for wind and solar projects that don’t begin construction by year-end. Industry groups, including the American Clean Power Association, are lobbying to retain more flexible timelines, citing project risks. Meanwhile, conservative-leaning groups such as the American Energy Alliance are pressuring lawmakers to eliminate subsidies tied to the Inflation Reduction Act.

  • Tue 20:55
    A coalition of EU member states is calling for changes to the bloc’s upcoming carbon market for transport and heating fuels, warning that unchecked price increases could trigger a public backlash and threaten support for the bloc’s climate goals, according to a draft document seen by Bloomberg.
  • Tue 20:53

    Hybrid hype - Hybrid vehicles are seeing faster sales growth than fully electric vehicles (EV) in the US, with industry and government data indicating they will make up 20% of new car sales by 2028, E&E News reported. While EV adoption has slowed after years of growth, hybrids remain popular due to their lower cost, established technology, and lack of charging concerns.

  • Tue 20:00
    Accounting for Nature (AfN) is launching a pilot product that digitally links certified nature measurement to Australian Carbon Credit Units (ACCUs), it announced Wednesday, with a group of carbon industry heavyweights joining in to test the scheme.
  • Tue 18:58
    A Texas-based carbon capture and storage (CCS) developer has inked a new offtake deal with a carbon removal (CDR) asset management firm.
  • Tue 18:12
    India’s Ministry of Environment, Forest, and Climate Change has announced the draft emissions intensity targets for all the remaining obligated industries under the compliance mechanism of the Carbon Credit Trading Scheme (CCTS), according to documents posted on LinkedIn.
  • Tue 17:57
    The Integrity Council for the Voluntary Carbon Market (ICVCM) may soften its tough stance on the criteria needed for clean cookstoves methodologies to obtain its Core Carbon Principles (CCP) quality stamp if the science behind a UN-backed standard is validated, the body told Carbon Pulse.
  • Tue 17:53
    The absence of clear demand signals is hampering the buildout of durable carbon removal (CDR) as corporate buyers are held back by regulatory uncertainty, weak price signals, and unclear net zero guidance, the vice chairman of a Helsinki-based carbon removal standard told Carbon Pulse.
  • Tue 17:44
    The amount of time it takes for governments to authorise carbon credit projects is deterring developers and investors, potential and existing Article 6 credit buyers warned during a side event in Bonn on Tuesday.
  • Tue 17:21
    Compromise risks - The UK government's proposed policy and governance framework on voluntary carbon and nature markets poses several risks, according to researchers from the Leverhulme Centre for Nature Recovery, Oxford Net Zero, and Oxford Sustainable Finance Group that submitted feedback to the government consultation on the subject. They praised the cross-cutting approach that clearly interlinks nature and climate but shared three core concerns. Firstly that voluntary carbon and nature markets risk greenwashing and put companies at litigation risk, secondly that credits are not equivalent to emissions reductions in company value chains, and thirdly that tackling the nature and climate crises with credits overlooks the deeper, systemic causes of climate change and ecological degradation.    
  • Tue 17:18
    European carbon allowances rallied on Tuesday along with equities, posting a third modest daily gain while gas and crude oil markets plunged after a ceasefire between Iran and Israel reduced risks to energy supply and shipping, as EUAs rose within reach of a key upside price target and options traders eyed Wednesday's expiry of the June contract.
  • Tue 16:43
    ‘Negligible risk’ forestry – The European Parliament’s environment committee voted on Tuesday against the European Commission’s draft benchmarking system for the EU’s deforestation regulation (EUDR), which ranks countries as high, standard or low risk. Instead, lawmakers backed an alternative proposal to introduce a 'negligible risk' category under the regulation that would exempt companies from due diligence obligations. The European Parliament will vote on the committee’s position in plenary later in the year. The vote does not carry formal legislative weight as the draft benchmarking system is already on the table and does not require the Parliament's consent to be adopted, as it is an implementing regulation. Still, campaigners are worried that the Parliament resolution might influence the Commission's final decision, expected later this year.
  • Tue 16:16
    Not toxic yet - The CDR market in the US is on track to avoid claims of environmental injustice, after analysis found the nascent sector avoiding the path followed by the toxic waste industry that located many facilities in frontline areas of low income, or close to communities of colour. The study by Carbon Direct and the McKnight Foundation, found that, on a case-by-case basis, only some CDR projects fall within proximity to frontline communities, also underscoring the need for nuanced, place-based engagement and safeguards to prevent future harm and ensure benefits. The Carbon Direct report claims to establish the first empirical baseline for understanding how CDR projects interact with frontline communities, providing foundational data to guide policymakers how best to shape equitable growth in the sector.
  • Tue 16:13
    FDJ for thought - France's FDJ United has announced an investment of €5 mln in Averrhoa Nature-Based Solutions, a fund launched by Ardian in partnership with aDryada, which aims to finance forest, wetland, and mangrove restoration projects. The announcement came as part of a 2025-28 strategy update.
  • Tue 15:59
    The EU must resist expected US opposition and regulate emissions from international flights under its Emissions Trading Scheme (ETS), environmental groups said in a letter to European Commission President Ursula von der Leyen on Tuesday.
  • Tue 15:30
    The Dutch government does not have to financially compensate the owners of coal-fired power plants who have to close early due to a national coal ban, ruled a court in The Hague on Tuesday.
  • Tue 15:22
    Cameroon is set to begin designing a national carbon tax policy in July, in a bid to limit emissions growth and mobilise revenues for climate action.
  • Tue 15:18
    More than 20 organisations have written to the European Commission calling for the waste incineration sector to be included in the EU Emissions Trading Scheme (EU ETS).
  • Tue 14:40
    The number of companies setting climate targets has maintained strong momentum over the first six months of 2025, despite a more challenging political environment for corporate environmental action.
  • Tue 14:39
    Integrating permanent carbon removals into the EU Emissions Trading System (EU ETS) poses both benefits and risks and will require policymakers to introduce safeguards and well-targeted complementary policies.
  • Tue 14:37
    Forests naturally regrown after clearance by harvests, fires, or similar could be especially powerful at mitigating climate change, with new research showing such forests of an older age can remove carbon up to eight times faster per hectare than new natural growth.
  • Tue 14:15
    A dramatic overhaul of US timber policy is set to reshape forest carbon projects in the country, according to a new analysis that highlights possible risks and opportunities in the shifting landscape.
  • Tue 14:00
    A UK law firm has struck a deal to buy up to £1 million UK-based nature-based carbon removal credits from a developer, valuing the credits at £125 per tonne.
  • Tue 13:42
    ETS funds aircraft – Aura Aero has received €95 mln from the EU ETS-funded Innovation Fund for its electric hybrid regional aircraft (ERA), reported a platform for the German aviation industry on Monday. Aura Aero said it is the first in the aviation sector to access the fund, airliners.de noted. The money will go towards the 'Hermes'  project to finalise ERA's development, including certification and the build-out of production capacity. According to the French aircraft maker, the 19-seat plane should cut CO2 emissions by up to 80% compared to conventional aircraft in its category. Entry into service is planned for 2030. Aura Aero aims to open a factory to build the plane in 2028 (creating 1,600 jobs). ERA already has more than 650 orders valued at around €9.2 bln. (airliners.de)
  • Tue 13:35
    Retirees of voluntary carbon credits remain cautious about sharing their activity, despite expectations that 2025 is on course to become a record year for the market, said analysts in a new report.
  • Tue 13:24
    A multi-phase approach for impact investors is crucial for scaling financing of landscapes as a way of increasing support for nature, WWF said in a recent report.
  • Tue 13:22
    The Council of EU member states agreed its position Monday evening on a bill aimed at cutting corporate sustainability reporting obligations on businesses, backing proposals to postpone obligatory climate transition plans by two years.
  • Tue 13:15
    All together now - The UK government is about to reject the controversial proposal for zonal power pricing, retaining instead one wholesale power price nationwide, according to people familiar, as reported by Bloomberg. A final decision is yet to be made and will require involvement from Prime Minister Keir Starmer. Generators have warned the government that such a significant shift to zonal pricing would threaten business cases in the UK by creating uncertainty and boosting project costs. Yet supporters of zonal pricing include Octopus Energy who argued it would save consumer's money. Costs are increasing in the UK to balance the mismatch between where electricity is produced, such as wind in Scotland, with where it's consumed, such as London.
  • Tue 13:06
    Let's work together - Tokyo-based software developer Invox has launched an initiative to help domestic forest-owners create carbon credits and share profits, it announced Tuesday. The company said it will cover the costs related to carbon credit creation and sell the offsets to corporate clients through its carbon accounting software. The Invox Forest project will make it easier to conduct J-Credit projects in small-scale forests and forests managed by municipalities, it said.  
  • Tue 13:03
    Indonesia’s thriving thermal coal sector is the largest exporter of the commodity in the world, but strong profits and margins coupled with a bullish mid-term outlook leave it unprepared to meet the final energy transition in the middle of this century, a report outlined this week.
  • Tue 11:00
    While most attention nowadays tends to focus on the carbon removal (CDR) potential of biochar, the industry remains heavily focused on producing traditional charcoal for barbecues, with growing activity related to replacing metallurgical coal, according to an industry report published on Tuesday.
  • Tue 10:52
    Double down - The EU and Canada have issued a statement following their joint 2025 summit backing carbon pricing and removal as essential to meeting climate goals. The two nations said on Monday that they remain committed to emissions markets and levies, as well as industrial decarbonisation, as priority cooperation areas to combat climate change, and also pledged to bolster competitiveness through cooperation on carbon pricing systems and border measures.
  • Tue 10:38
    The governments of Kenya, Singapore, and the UK on Tuesday launched a coalition to strengthen demand for high-integrity carbon credits, vowing to issue a common set of principles by COP30 in November.
  • Tue 10:03
    'A' rating - BeZero has assigned an 'A' rating to its first post-issuance enhanced rock weathering (ERW) project rating, it announced on its website. An A rating means the ratings agency determines that the project has a high chance of avoiding a removing a tonne of CO2. It also reflects BeZero’s view that the project faces little risk to additionality because the project would be otherwise unviable without carbon finance and that there is little risk of over-crediting.
  • Tue 09:59
    A group of companies has completed the issuance of the world’s first digital fuel certificate for an ammonia-to-ship transfer, seen to aid carbon emissions accounting and claims tracking in the industry, they announced Tuesday.
  • Tue 09:52
    A New Zealand carbon forestry service company has launched a biodiversity credit programme that could inform the government’s recently proposed market-based scheme to restore nature.
  • Tue 09:52
    France and Norway have agreed to partner on transporting CO2 from French emitters for storage under the North Sea, marking a key step in unlocking a common European market for carbon management.
  • Tue 09:15
    With the inclusion of international carbon credits in the European Union's 2040 climate target becoming more likely, experts underlined the need for stringent quality controls and a cautious approach to avoid past mistakes.
  • Tue 09:15
    Indonesia last month lifted its de facto ban on international carbon credit sales, but uncertainty around credit eligibility, taxation, and compliance rules is holding back transactions, according to market participants.
  • Tue 07:39
    Electrifying- Australia’s state of Victoria unveiled its new gas plan Tuesday which will require the retirement of a series of residential gas-based appliances, like water heaters, and be replaced with electric equivalents, while also driving the development of some new sources of the fuel. The state is the heaviest gas user in the country thanks to decades of cheap gas that came essentially free from its vast Bass Strait oil fields, and is a common source of heating in the cold winters in addition to electricity. Victoria announced moratoria on onshore drilling several years ago and eventually banned fracking. The state has been blamed for east coast gas shortages by the LNG export consortia that send 75% of gas overseas; however, onshore resources have never been proven up.
  • Tue 07:33
    Green, gas-based steel - Vietnam has broken ground on what will be its first green steel facility with a nameplate capacity of 7.5 mln tonnes a year, according to the state-owned Voice of Vietnam (VOV). Using LNG instead of coal will cut emissions by 86% each year and the plan is to eventually use green hydrogen, according to the outlet. The Xuan Thien Green Steel Plant No.1 will be built across several communes in the north of the country in Nam Dinh province with investment of $3.45 bln. This plant will produce hot rolled coil and steel sheets while a second plant with investment of just under $400 mln will use electric arc furnaces (EAFs) and scrap steel with nameplate of 2 Mt/year. VOV did not specify where the LNG will be sourced from and while Hanoi has shown willingness to develop more imports, many developments have seen delays.
  • Tue 06:30
    As much as 740 GW of renewables were added globally last year – a new record – but still under half the amount required to reach 2030 goals, while trade restrictions on the sector increased significantly, fuelling supply challenges, a new report has found.
  • Tue 06:22
    The New Zealand government has denied accusations from the Green Party that its NZ$200-million ($120.1 mln) fund to support the development of new domestic gas fields is in breach of a climate and trade agreement signed less than a year ago.
  • Tue 06:21
    Australia on Tuesday began consulting on rules that will back its planned Guarantee of Origin (GO) hydrogen scheme, due to start later this year, which it hopes will kickstart a clean energy export boom.
  • Tue 06:03
    Green metals team up - Australia’s leading science agency has launched a A$10 ml ($6.5 mln) Green Metals Innovation Network (GMIN) to strengthen collaboration between industry and researchers. The CSIRO is partnering with the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC). CRCs are already government and industry-funded bodies to drive collaboration between research and industry, and are typically invested in a specific yet broad topic for a set amount of time. The science agency said Tuesday it would bring together all players in a "Team Australia" approach to drive the development of clean iron, steel, alumina, and aluminium, which have a collective value of A$150 bln. GMIN is part of the Future Made in Australia (FMIA) initiative.
  • Tue 06:02
    Going local - State-owned Solar Corporation of India (SECI) is set to finalise a tender for the production and supply of 724,000 tonnes of green ammonia annually across 13 fertiliser plants under its National Green Hydrogen Mission (NGHM). India consumes around 17-19 Mt of ammonia every year, with more than 50% of its hydrogen requirement used in fertiliser production but most of this is derived from imported natural gas. SECI’s initiative will drastically cut this dependence, reduce exposure to global gas price fluctuations, and lower the trade deficit, according to the government. Under the NGHM, India has set itself a target of producing 5 Mt of green hydrogen by 2030. Green hydrogen is among the 13 activity types that India has deemed eligible to generate credits to be sold abroad under Article 6.2 of the Paris Agreement, and the government is trying its best to bring down the costs associated with its production through carbon markets.
  • Tue 04:04
    AI can help – Seoul-based climate fintech company Hooxi Partners is piloting an AI-based platform that helps companies measure and monetise their carbon assets by automating the whole process, according to a company statement. The platform also has a carbon finance function for developers and investors to jointly discover and create carbon projects, the statement said. Hooxi Partners said the platform will be officially launched by the end of this year.
  • Tue 04:02
    On the agenda – The committee overseeing Japan's J-Credit programme is set to discuss the development of two offset methodologies, respectively targeting the abatement potential of CO2-absorbing concrete and cows' rumen fermentation. At a meeting on Thursday, the committee will also consider revisions to the project implementation guidelines and several existing methodologies, including those for forestry and feed improvement projects, according to a recent notice. The J-Credit market has received a boost after the programme administration approved 40 voluntary projects in May.      
  • Tue 02:49
    Wind repowering retailed – Shareholders in NZ Windfarms have overwhelmingly voted to allow gentailer Meridian Energy to acquire the remainder of its  shares, the firms said in stock exchange announcements on Tuesday. Meridian has offered NZ$0.25 ($0.15) per share – more than double the level NZ Windfarms was trading at prior to the offer on Feb. 19, 2025, according to NZX data, and which the operator said represented an equity value of NZ$91 mln. This follows the formation of a 50:50 JV between the two organisations in Oct. 2023 to repower the Te Rere Hau wind farm, owned and operated by NZ Windfarms. Once complete, the repowered site will have a capacity of 170MW and generate around seven times as much electricity as the existing turbines, Meridian said. At present, it has an installed capacity of 45.5MW. The acquisition is pending approvals, including High Court orders.
  • Tue 02:08
    Investors reduced their holdings across US compliance carbon markets, while producers opted to build length in California Carbon Allowances (CCAs), RGGI Allowances (RGAs), and Washington Carbon Allowances (WCAs), latest figures from the Commodity Futures Trading Commissions (CFTC) showed Monday.
  • Tue 01:28
    Tanzanian industry leaders participating in public hearings on the 2025-26 national budget have expressed concern over a proposed carbon price.
  • Tue 01:03
    The Chilean Ministry of Environment (MMA) on Monday announced the launch of a pilot programme to certify credits from local pollutant reduction projects, innovating within the offsetting provision of the national carbon tax.
  • Tue 01:01
    Preliminary results – ASX-listed low-carbon cement technology company Zeotech announced the results of its preliminary feasibility study, showing a "compelling business case" for its AusPozz supplementary cementitious material product. The company hopes to use AusPozz as a low-carbon cement replacement in the domestic building materials market with potential export opportunities. The study proposed 300,000 tonnes per annum manufacturing facility in Bundaberg, Queensland, with initial capital costs expected to be A$115 mln ($74 mln) with a payback period of 2.1 years. At nameplate capacity, the facility could reduce carbon emissions by 299,880 tCO2e per year, based on a 1:1 replacement of cement with AusPozz, the company said. A final investment decision on the project is expected in the first quarter of next year, and production to begin in 2029.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.