CP Daily News Ticker: 21 August 2025

Published 01:01 on August 21, 2025 / Last updated at 01:01 on August 21, 2025 / Daily News Ticker

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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 00:44
    California Carbon Allowances (CCAs) gained 3% week-on-week (WoW) as the legislature reconvened to discuss extending the state's cap-and-trade programme and draft bill amendments emerged to establish an Emissions Containment Reserve (ECR), while traders said the market will be in limbo until the results of Wednesday's Q3 auction are published next week.
  • Fri 00:30
    Nuclear fissure – The US DOE’s new nuclear reactor pilot programme hand-picked nuclear reactor developers last week who will compete to get their reactor safety designs approved. But the agency’s ultimate selection has rankled some in the industry. E&E News reported that the selection omitted established players like Westinghouse Nuclear while including several small startups that are seen as supporters of the Trump administration’s efforts to shake up the NRC. Meanwhile, Trump said on Truth Social Wednesday that the administration “will not approve wind or farmer destroying Solar.”
  • Fri 00:30
    Fuelling the future - The New York State Energy Research and Development Authority (NYSERDA) has opened nearly $8 mln in funding for pilot projects that turn waste into low-carbon fuels, part of the state’s effort to cut emissions in hard-to-electrify sectors and bolster grid reliability. The competitive programme was launched under its Advanced Fuels and Thermal Energy Storage initiative, supporting technologies that convert waste such as landfill gas, wastewater sludge, and agricultural residues into fuels including sustainable aviation fuel (SAF), renewable diesel, renewable natural gas, clean methanol, and e-fuels. Hydrogen, ammonia, and biogas are excluded. Applicants must bring in at least 50% cost-share and partner with feedstock suppliers, host sites, and end users. Proposals are due Jan. 22, 2026, with an informational webinar scheduled for October.
  • Fri 00:29
    Carbon conversations - A sustainability team from The Federation of Industries of Mato Grosso do Sol (Fiems) met earlier this week with representatives from Swiss-based environmental markets firm Sentinel Earth to discuss the development of climate impact projects, Campo Grande News reported. As part of its aim to align with sustainable development and contribute to the state's carbon neutral by 2030 goal, Fiems is considering carbon credit generation. Representatives from global financial services firm StoneX Brasil, as well as a national breeders association, were also present.
  • Fri 00:21
    Egypt’s government is stepping up efforts to monitor and address emissions-intensive production to prepare for the Jan. 2026 EU Carbon Border Adjustment Mechanism (CBAM) deadline – but this is too little, too late to shield the Egyptian economy, local experts say.
  • Fri 00:15
    Inventory upgrade – Brazil has taken another step aimed at improving its national inventory of GHG emissions and removals. A technical group has consolidated an action plan outlining measures to enhance the national inventory in future preparation cycles, the Ministry of the Environment said on Thursday. Among many reasons, the document is intended to guide public policies, such as Brazilian participation in Article 6 mechanisms of the Paris Agreement.
  • Fri 00:12
    Petrobras SAF plans - Brazilian state-owned oil giant Petrobras is preparing to launch production of sustainable aviation fuel (SAF) by the end of the year, Valor International reported. Earlier this year, the company completed SAF production tests through co-processing at its Duque de Caxias refinery in Rio de Janeiro, and Petrobras said it expects to produce up to 10,000 barrels per day of SAF. Petrobras is also working on Hydroprocessed Esters and Fatty Acids (HEFA), which would allow the company to produce both renewable diesel and SAF from vegetable oils and animal fats at the same facility. The project is being developed at the Presidente Bernardes refinery in Cubatao, with planned capacity of 15,000 barrels per day. The construction bidding process is underway, with the goal of starting operations in 2029. Finally, the company also expects to bring online its first ethanol-based SAF unit within five years, although acknowledged the initiative is in an early stage.
  • Fri 00:00

    Partnership for protection - UNDP Suriname and the Ministry of Land Policy and Forest Management (GBB) reaffirmed their partnership during an introductory meeting on Monday between UNDP Head of Office Berdi Berdiyev and Minister Stanley Soeropawiro, joined by Programme Analyst Ruben Martoredjo and Acting Director Kaminie Tajib‑Rakimoen. The parties outlined collaboration on forest governance and sustainable management, institutional capacity building, climate change mitigation, and adaptation aligned with Suriname’s NDCs, and the Amazon Sustainable Landscapes Programme - Phase 2 (ASL2). Under a National Implementation Modality, the ministry is implementing ASL2 to address deforestation and land degradation by improving protected area management, promoting sustainable forestry, strengthening gender‑inclusive management of productive landscapes, and advancing policies and incentives. The project, supported by the Global Environment Facility, runs from 2022-27 and focuses on the Saamaka‑Matawai and Coeroeni‑Paroe landscapes.

  • Thu 23:59
    Delegation downsize – The official Chinese delegation to COP30 in Brazil will comprise approximately 100 people, down from 190 in COP29 in Azerbaijan and 219 in COP29 in the United Arab Emirates, Folha de S. Paulo reported. The Chinese delegation is facing the same high accommodation costs as other nationalities. A specialist from the Centre for Research on Energy and Clean Air (CREA) noted that previous COPs show that the size of a delegation is not necessarily directly related to the level of engagement and influence of China. The last two editions recorded the largest number of delegates in history.
  • Thu 23:58
    Data vs Deforestation – Brazil is developing a new tool that will host in one place public databases related to land regularisation, Amazon deforestation, live deforestation, and information captured by satellites. The initiative aims to support the federal government with territorial planning, monitoring, and the fight against deforestation and forest fires, especially in the Amazon. The Geoinformation Integration System for Zero Deforestation (SIGDeZ) is being developed by the country’s Ministry of the Environment, in collaboration with the United Nations Development Programme (UNDP) and the Brazilian Agricultural Research Corporation (Embrapa).
  • Thu 23:02
    A major tech company has released calculations on the use of its artificial intelligence language processing tool and the amount of energy, water, and emitted CO2 an average query takes.
  • Thu 22:14
    Less wee snipes - In Estonia, an ornithologist discovered that a wetland meadow near Lake Vortsjarv, once home to the great snipe, had been replaced by rows of birch and spruce trees planted under a carbon credit scheme. The shift destroyed the grassland habitat and drove away the birds. Environmental NGOs have criticised voluntary carbon projects for treating forests as accounting tools. Estonian authorities have since ordered the Lake Vortsjarv project’s 120,000 trees to be removed and the wetland restored. (DW)
  • Thu 22:12
    A US consultancy with a net negative carbon commitment is working to add direct air capture (DAC) projects to its portfolio of carbon credits, the company’s chief sustainability officer said Wednesday.
  • Thu 20:57
    US-based companies doing business in California would be required to report their Scope 1 and 2 emissions by mid-year 2026, should recommendations from a state regulator take effect, staff detailed in a Thursday webinar.
  • Thu 18:48
    New government-backed analysis has set out the technology mix the UK may need to reach net zero emissions by 2050, highlighting both opportunities and uncertainties across key sectors, and labelling carbon capture and removal technologies as necessary to hit the country's climate goals.
  • Thu 18:31
    An environmental think tank has warned the European Commission against expanding its state aid scheme for Indirect Carbon Costs (ICC), linked to the bloc's carbon market, without first addressing major design flaws, in a policy brief published Thursday.
  • Thu 18:21

    The ART of the update - ICE Futures Europe issued an update late on Thursday announcing that the exchange has designated ART as an 'Eligible Registry' for the ICE Futures Europe CORSIA Eligible Emissions Units Futures Contracts for the 2024 to 2026 period. This decision updates an earlier circular message and takes immediate effect, it said. By making this designation, ART is now included in the official list of registries approved for use in CORSIA-eligible emissions unit futures. The updated list of registries is provided as an attachment to the circular and is also available online.

  • Thu 18:14
    Rising use of air conditioning across Europe is unlikely to significantly affect the EU carbon market in the coming summers, according to analysts, despite expected growth in cooling needs linked to more extreme temperatures.
  • Thu 18:14
    Just doing their job - A new whitepaper from Cloverly has highlighted how ratings agencies are influencing pricing in the voluntary carbon market, finding that projects with higher ratings consistently achieve stronger sales and command significant price premiums, compared to lower-rated projects. The study of BeZero Carbon, Calyx Global, MSCI, and Sylvera assessments showed a clear link between ratings and price. For example, BeZero Carbon reports that each step up its eight-point scale is associated with an average 40% price premium. Calyx Global finds that credits rated 'AAA' to 'A' sell for 65% more than lower-rated credits. MSCI’s analysis indicates that a one-band improvement in rating results in a credit price increase of $3-12, with forestry projects seeing the highest gains. Despite growing demand, fewer than 10% of projects achieve top-tier ratings, Cloverly also found.
  • Thu 17:35
    US grid needs renewable power - The US Energy Association is sending up flares the country’s data centre boom will require solar, wind, and storage battery investment, despite the Trump administrations opposition to renewable energy, according to an E&E News report. The outlet reported the Energy Association hosted a webinar panel featuring grid experts who stressed the US power system isn’t ready for the new demand.
  • Thu 17:35
    Energy rate freeze - New Jersey Representative Mikie Sherrill (D) has said she’d declare a state of emergency and freeze utility rates if she became governor, according to an E&E News report. The outlet reported the announcement by the Democratic nominee comes as New Jersey lawmakers worry higher electricity rates turn away voters.
  • Thu 17:30
    European carbon tracked gains in the energy sector on Thursday, with the benchmark EUA contract gaining 2% amid a pick-up in trading activity, while natural gas and power made strong gains amid North Sea supply interruptions, healthy economic data from Germany, and a worsening outlook for peace in Ukraine.
  • Thu 17:14
    Poland says no - Poland’s President Karol Nawrocki has vetoed an amended wind farm law that would have reduced the minimum distance between turbines and homes from 700 to 500 metres, reports Renewables Now. Nawrocki called the legislation a form of blackmail by the government and parliamentary majority, arguing that the change is not socially acceptable and has faced strong opposition from citizens and activists. While he acknowledged some positive elements in the bill, such as extending a freeze on electricity prices until year’s end, he said this measure would be resubmitted to parliament separately. The president also argued that lowering energy costs requires abandoning the EU ETS and the Green Deal, rejecting the idea that expanding wind power would cut electricity prices.
  • Thu 17:14
    Walk of shame - Former EU commissioner Connie Hedegaard has warned that the bloc risks grave consequences if it eases up on climate policy. Speaking at a summit in Denmark, Hedegaard said extreme weather and political backsliding are undermining public trust and fueling polarisation. She criticised oil giant BP for reversing its climate commitments, telling Politico that the company should be ashamed. Hedegaard, who led the EU’s newly established climate agenda from 2010 to 2014, argued that climate action remains inseparable from Europe’s security and energy independence. Her warning comes as far-right parties gain ground across Europe and governments push to weaken the EU’s Green Deal, once the centerpiece of Brussels’ policy ambitions. Hedegaard also cautioned that retreating now would not only hinder Europe’s transition but also embolden populist forces.
  • Thu 17:13
    Kenyan cows - EcoSecurities has partnered with Solidaridad East and Central Africa, with the support of Climate & Clean Air Coalition (CCAC), to co-develop Kenya’s first National Methane Reduction Implementation Strategy for the livestock sector. Running from 2025 to 2027, the project will provide a national roadmap for reducing methane emissions produced from 3,000 dairy farmers, while also boosting their productivity, the organisers said. By equipping dairy farmers, government agencies, and private sector actors with the tools and knowledge they need, the partnership aims not just to reduce methane emissions, but also build more productive farms, stronger communities, and a greener future for Kenya.
  • Thu 17:08
    The EU has committed to work towards granting extra flexibilities on how its flagship carbon leakage policy is implemented, responding to concerns expressed by the US, as the world's two largest economies announced a new trade framework that will cut tariffs, expand energy and technology ties, and boost defence procurement.
  • Thu 17:05
    Green-Grey - The Global Green Growth Institute (GGGI), working alongside Guyana’s National Agricultural Research and Extension Institute (NAREI), has engaged South Korea’s Haskoning to develop green-grey coastal infrastructure combining engineered seawalls and restored mangroves along the Dantzig and De Hoop shoreline in Guyana. This initiative, funded by the Korea Forest Service, targets restoration across 120 ha to strengthen resilience against erosion and flooding, directly safeguarding 500 residents, protecting 1,000 ha of agricultural land, and cutting 1.12 MtCO2e over 25 years.
  • Thu 17:03
    BIM delays - The Fund for Responding to Loss and Damage (FRLD) has released the decision compendium from its sixth Board meeting (B6), including Annex I with the draft decision to operationalise the Barbados Implementation Modalities (BIM) - the startup phase of the FRLD. While the document captures debates over the project cycle and funding criteria, many key decisions were deferred to the next Board meeting (B7) in Manila on Oct. 8-10, raising the risk that the launch of the BIM call for proposals could slip to 2026.
  • Thu 16:36
    RJ Reynolds Vapor Company, its affiliates, and parent British American Tobacco (BAT) plan to move to dismiss a proposed class action in California that accuses them of misleading consumers by marketing Vuse e-cigarettes as carbon neutral.
  • Thu 16:23
    A US-based carbon project developer has raised $3.6 million in Series A financing to scale its credit development, targeting methane and refrigerants amid growing demand for super pollutant abatement.
  • Thu 16:17
    Equitable Earth (EE) has opened a consultation on its avoided deforestation carbon methodology, with plans to launch it before the end of the year.
  • Thu 15:17
    Brazil’s burned area fell to a six-year low in July, with Amazon fires plunging compared with last year, according to monitoring data released on Thursday.
  • Thu 14:53
    A US-based carbon credit management firm has signed an agreement with a Kenyan carbon removal producer, they announced Thursday.
  • Thu 14:51
    No wind in the sails - RWE told a webinar Thursday that the inclusion of shipping in the EU ETS at the start of last year has so far had only a limited effect on carbon allowance prices. While shipowners and operators have started purchasing EUAs ahead of their first compliance deadline next month, the additional demand has not significantly moved the market, according to RWE analysts. They said that volumes from the shipping sector remain relatively small compared with the wider power and industrial demand that dominate EUA trading. Market observers had expected some price pressure as shipping companies entered the scheme, but early evidence suggests the effect is muted. (Montel)
  • Thu 14:48
    Half century - Over the past two years, Sovereign Carbon Agency Djibouti has implemented more than 50 projects that deliver urgent solutions for local communities while strengthening the country’s long-term resilience, according to a LinkedIn post published Thursday. These initiatives have focused on securing safe drinking water through mobile purification and desalination systems, improving public health services with rapid-response equipment and clean energy, and supporting education by electrifying 24 schools with solar power, distributing more than 35,000 school kits, and building new dormitories and canteens in rural areas. The agency has also launched environmental programmes, including the restoration of more than 15,000 mangroves, the reforestation of degraded plateaus, the conservation of marine turtles, and nationwide recycling and plastic reduction initiatives. All projects are coordinated with government ministries and carried out with the support of local associations and communities, ensuring their integration into national development.
  • Thu 14:45
    NCS eggs, many baskets - The world needs a broad approach of multiple natural climate solutions (NCS) because it is hard to evaluate risk of failure, according to a new scientific paper.  The theory references a scenario involving only two assets, the 'Trees in Cropland' pathway and the 'Improved Plantation' pathway. As is often the case, the authors argued, the asset associated with higher returns, which her is Improved Plantation, also carries a higher level of risk, implying greater uncertainty surrounding those returns. There is an inherent risk associated with individual NCS pathways and the world needs to adopt a broad portfolio of solutions to secure carbon sequestration benefits, they added. Diversifying pathways decreases risk, particularly through strategic geographical distancing or mutual reinforcement between assets. The aim of the paper, called One Earth and found in Science Direct, is to maximise carbon sequestration while minimising risk of carbon loss, navigating the 'efficient frontier' where optimal trade-offs occur, the researchers added.
  • Thu 14:32
    India’s nascent carbon removals (CDR) sector is picking up speed, with biochar and enhanced rock weathering (ERW) projects accounting for most of the country’s new supply and offtakes, according to analysts.
  • Thu 13:25
    Colombia has updated its benchmark for forest emissions, expanding coverage to include degradation alongside deforestation and refining its methodology, according to a UN technical assessment published Thursday.
  • Thu 13:14
    Sea SAF- Two southeast Asian companies this week took steps to advance the region’s aviation decarbonisation push with their first sustainable aviation fuel (SAF) flights. Pertamina launched an inaugural SAF flight using fuel made from used cooking oil on its Pelita Air subsidiary’s Jakarta to Bali route, claiming lifecycle emissions cuts of up to 84% versus conventional jet fuel. In Vietnam, Vietjet became the first carrier to use domestically blended SAF, produced with Petrolimex Aviation, which it said could reduce emissions by up to 80%. The airline said the move underscored its sustainability strategy as it expands across Asia Pacific and Australia.
  • Thu 13:12
    Verra, the largest standard body in the voluntary carbon market, is overhauling its registry and integrating into new infrastructure, in collaboration with a global market intelligence provider, it announced Thursday.
  • Thu 13:08
    Results from the first months of enhanced rock weathering (ERW) experiments can’t serve as a reliable guide for long-term outcomes, as early soil disturbance effects skew initial measurements, a report published this week has found.
  • Thu 13:05
    An institutional buyer has purchased 25,000 carbon removal (CDR) credits from a Bolivian biochar producer through a UK-based CDR platform, marking the largest spot transaction of its kind to date, the marketplace announced Thursday.
  • Thu 13:00
    Two organisations on Thursday formally announced a Marine Carbon Dioxide Removal (mCDR) Coalition, marking the group’s first official call for new members.
  • Thu 12:49
    Not as intense - India reduced the carbon intensity of its economy by 7% in the nine years leading up to FY2024, aided by a rising share of renewable power and efficiency gains, Minister of State for Power Shripad Naik told parliament on Thursday, according to Press Trust of India. Coal remains the dominant source of electricity, he said in a written reply, but the government is balancing energy security and affordability with its commitment to reach net zero emissions by 2070. The South Asian country is gearing up to launch an emissions trading scheme next year with the goal of reducing emissions intensity in key industrial sectors.
  • Thu 12:22
    Big figs - Abu Dhabi-based Masdar grew its clean energy portfolio to 51 GW in 2024, avoiding an estimated 15.5 mln tonnes of CO₂, according to its annual sustainability report published Wednesday. The company advanced six green hydrogen joint development deals, and raised $1 bln from an oversubscribed green bond, it said.
  • Thu 11:58
    UK renewable energy boom - A record amount of renewable energy capacity granted planning permission in the UK, during the second quarter of 2025, reports the Financial Times. More than 16.1 GW of new renewable energy capacity, across 323 projects, was granted permission in a sign of the growing momentum behind the UK government’s push for clean power, the newspaper said. The figures represent a 195% rise on the same quarter last year. The figures will be welcomed by the government, which wants 95% of Britain’s power generation to be carbon-free by 2030, to meet a flagship Labour party manifesto pledge, the newspaper reported. However, the speed of grid connections remains an obstacle to projects getting built, as is legal challenges by local opponents of the projects.
  • Thu 11:57
    Arctic ice melt in limbo - The world is warming but the melting of sea ice in the Arctic has slowed dramatically in the past 20 years, scientists have reported, with no statistically significant decline in its extent since 2005, according to reporting in the Guardian. Natural variations in ocean currents that limit ice melting had probably balanced out the continuing rise in global temperatures, according to the research, published in the journal Geophysical Research Letters. This should only be a temporary reprieve and melting was highly likely to start again at about double the long-term rate at some point in the next five to 10 years. Sea ice in the Arctic is not rebounding. The sea ice area in September, when it reaches its annual minimum, has halved since 1979, when satellite measurements began. The Arctic is still expected to see ice-free conditions later in the century.
  • Thu 10:45
    Collaboration - Japan's environment ministry has signed a Statement of Intent (SoI) with the African Development Bank (AfDB) to help the bank's regional member countries to develop in a low-carbon and climate-resilient manner, the ministry announced Thursday. The efforts will include using existing policy instruments, including the bilteral Joint Crediting Mechanism (JCM), as well as provide capacity building support taking into account the work of the Paris Agreement Article 6 Implementation Partnership (A6IP) and voluntary carbon markets. Japan has secured JCM partnerships with a few African countries, including Ethiopia and Kenya.
  • Thu 10:37
    Optimising cement’s inclusion in China's emissions trading scheme should be among the government's short-term policy targets to decarbonise the emissions-intensive sector, a report said this week.
  • Thu 07:29
    Positive momentum - Australia's National Electricity Market (NEM) will see a 28% increase in operational electricity consumption to 178 TWh by 2034-35, according to the energy market operator's (AEMO) latest report, driven by data centre expansion and broader electrification. Marking positive momentum in the country's energy transition, the report said an additional investment of between 5.2-10.1 GW is expected to come online annually over the next five years, underpinned by government schemes like the Capacity Investment Scheme. This compares to the 4.4 GW of new generation and storage commissioned last financial year. The new capacity will help offset 11 GW of predominantly coal-fired power stations retiring over the next 10 years, the report said. Reliability gaps are forecast in all mainland NEM regions, covering NSW, Victoria, Queensland, and South Australia, but the report said these have the potential to be managed as further projects progress, though projects would need to come online on time, in full, at even greater pace.
  • Thu 06:38
    Supporting startups - South Korean steelmaker POSCO is set to create a KRW 50 bln ($36 mln) fund to support startups developing solutions in digital transformation, energy efficiency, carbon reduction, and renewable energy, the Korea Times reported. According to the report, 20% of the fund will be allocated to investing in promising startups overseas. The company has previously announced plans to invest $88 bln by 2030 in new emissions-reduction projects, including initiatives in cleaner steel and blue hydrogen.
  • Thu 06:33
    Point of no return - A study published in Nature this week has warned of unstoppable loss in the West Antarctic Ice Sheet even under best-case CO2 emission reduction pathways. The consequences of this tipping point, driven by human-caused climate change, could be dire, the researchers said. It could lead to ecological breakdowns, from habitat disruption to repeated breeding failures that raise extinction risks. Along with rising sea levels from the melting ice, the change in the salinity of nearby seas could also slow down the Antarctic Overturning Circulation - possibly faster than the North Atlantic’s. These ocean currents are crucial for distributing heat around the globe, and a slowdown or stall could upend current weather systems. Meanwhile, Antarctic is being pushed into increasingly abrupt and poorly understood shifts, the study said. Sea-ice has plunged well outside its historical range, in ways that appear more sudden, non-linear, and potentially irreversible than the Arctic’s decline.
  • Thu 06:26
    Biochar boost - Indian carbon removals company Varaha has registered its second industrial biochar facility with CDR standard Puro.earth, it announced. Located in southern India, the new facility uses corn shanks as feedstock. The registration follows the company’s first Puro.earth-certified biochar project from Oct. 2024, which was India’s first such facility, Varaha said in a press statement. The developer, which counts Google, SwissRe, and Capgemini among its credit buyers, said it has already delivered more durable CDR credits than the top ten competitors combined in Q1 2025. On Tuesday, commodities merchant Louis Dreyfus Company also committed to purchase CDR credits from Varaha’s project in the state of Uttar Pradesh.
  • Thu 06:24
    A former Trafigura head of carbon has joined one of the world’s largest energy and commodity trading companies, they said this week.
  • Thu 06:15
    With moves to restrict the volume of forest units in the New Zealand emissions trading scheme, forest and land owners in the country are exploring international markets to realise the carbon value of their assets.
  • Thu 06:10
    Urban parks in China could generate billions of dollars annually in offsets if optimised for carbon sequestration, according to new research that applied active LiDAR technology and machine learning to measure the potential of city green spaces.
  • Thu 06:01
    On the move – Australia's Clean Energy Regulator announced ACCUs will move from the current Australian National Registry of Emissions Units (ANREU) system to the new Unit and Certificate Registry during a weekend in October. The timing will depend on successful testing and reconciliation in the coming months and any changes will be advised, with the final timing, dates, and required actions shared next month, the regulator said. No action is required by participants, and after the migration all ACCUs will only be held and managed in ANREU accounts in the new registry, however the old system will remain in place to manage CERs.
  • Thu 05:52
    Free NZU services – Marex is offering free NZU brokerage services, Auckland-based Managing Director Nigel Brunel told Carbon Pulse on Thursday. The offer is for new clients only, and is for either six months or an agreed number of trades.
  • Thu 05:38
    The New Zealand government has been hailed for leaving the ETS settings more or less alone this week, but experts told a conference that policymakers will need to make careful and informed decisions on necessary changes in the years to come to address longer-term structural issues.
  • Thu 04:55
    China’s carbon capture and storage projects linked to enhanced oil recovery (CCUS-EOR) will struggle to attract investment without stronger policy support, with profitability heavily dependent on oil and carbon prices, according to new research.
  • Thu 02:10
    Moving up – Chicago-based carbon market firm Laconic has appointed James McCall as its new CEO and board director, it announced on Wednesday. McCall was previously senior vice president and chief sustainability officer at HP. Prior to his time at the technology company, he spent more than 20 years at Procter and Gamble, where he led engineering, supply chain, and global sustainability programmes.
  • Thu 01:23
    Go tell SCOTUS - Iowa’s Shelby County is preparing to file an appeal with the US Supreme Court to continue its legal battle against carbon capture pipeline developer Summit Carbon Solutions. County supervisors voted unanimously on Wednesday to continue the legal challenge, after losing its case before the US Court of Appeals for the Eighth Circuit in June. The developer, which plans to transport CO2 from plants in Iowa and North Dakota to be buried underground, sued the county for passing an ordinance to regulate CO2 pipelines. Landowners in Shelby object to the plan based on property rights and safety concerns. Summit Carbon Solutions sent letters to Iowa landowners earlier this month to announce a revised proposal for anyone that had not yet signed an easement agreement for the project. The multi-state pipeline has been at the heart of public scrutiny surrounding CO2 transport in the US. (KMTV News)
  • Thu 01:22
    The air transport industry requires significant volumes of carbon removal (CDR) to meet its net zero target, but with limited volumes at present, the sector must take immediate action to scale-up supply, according to a report by the International Air Transport Association (IATA).

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