Top
New York needs up to 105 GW of new capacity for zero-emissions grid target -NYISO
New York's power grid needs up to 105 GW of new generation capacity by 2044 to reach zero-emissions electricity, a report by the state's grid operator showed. Read MoreTop
Chile to unveil three designs for energy-sector ETS pilot ahead of 2027 launch
Chile's Ministry of Energy will publish three alternative designs for its planned energy-sector emissions trading system (ETS) pilot for public consultation later this year, ahead of its 2027 rollout, an official said Thursday. Read MoreTop
PACM methodology experts agree draft cookstoves methodology, update grid tool
The Methodological Expert Panel (MEP) for the Paris Agreement Crediting Mechanism (PACM) has agreed a long-awaited draft mechanism methodology for clean cooking. Read MoreTop
EU ETS overhaul to challenge India's steel exports -report
The European Commission's proposed overhaul of the EU Emissions Trading System (ETS) could make the bloc an even tougher market for Indian steel exporters unless carbon pricing and trade rules are better aligned, a global steel standards body warned on Friday. Read MoreTop
Wildfires are burning California compliance offset projects, research group warns
Wildfires currently burning in two forest offset projects, eligible for compliance under California’s Cap-and-Invest programme, are expected to incur more losses in the coming days, a carbon market research group warned Friday. Read MoreTop
German govt advisors find no clear policy option to support CBAM exports
Germany's Federal Environment Agency has assessed four policy options to support exporters in sectors covered by the EU's Carbon Border Adjustment Mechanism (CBAM), but concluded that no single measure is preferable and that a sequenced combination may work best. Read MoreTop
CBAM lead advisor moves to big four consulting group
The former lead Carbon Border Adjustment Mechanism (CBAM) advisor for a London-based carbon market intelligence firm has taken on the role of director in the same area for one of the big four global consulting groups. Read MoreTop
CFTC: Managed money builds CCAs, RGAs
Financial players added to their California Carbon Allowance (CCA) net length and narrowed their RGGI Allowance (RGA) net short, according to the latest US Commodity Futures Trading Commission (CFTC) data. Read MoreTop
Hidden carbon cost of inland shipping exposed while Germany bets on rivers to decarbonise
Inland water vessels emit almost a quarter of global shipping CO2 emissions despite operating on less than 1% of the world's navigable waters, according to a major new study landing just as Germany eyes river transport for its low-carbon industrial strategy. Read MoreTop
Sweden "frustrated" by EU plan to weaken ETS, clashes with Germany and Poland
The Swedish state secretary for climate and environment, Daniel Westlen, clashed with his German and Polish counterparts on Friday, pushing back against European Commission proposals to slow the pace of CO2 cuts in the EU Emissions Trading System (ETS). Read MoreTop
Global climate action is building pace in the leadup to COP31
Progress is being made to advance global climate action in the leadup to COP31 in Turkiye as governments and the private sector engage on the key themes of electrification, nature stewardship, agricultural transformation, urban resilience, and social development, report the UN's Climate High-Level Champions. Read MoreTop
EU blocks Russia's request to form a WTO panel to rule on CBAM
The EU on Friday blocked a request from Russia to the World Trade Organization (WTO) to establish a dispute panel to examine the bloc's Carbon Border Adjustment Mechanism (CBAM). Read MoreTop
Germany backs EU's proposed ETS reform, says aligned with Berlin’s ideas
Germany’s environment and climate minister, Carsten Schneider, said the European Commission’s proposed overhaul of the EU Emissions Trading System (ETS) closely reflects German priorities, backing a package that would slow the pace of emissions cuts in the next decade while tightening conditionality for the distribution of free allowances to industry. Read MoreTop
India's mangrove plantation success should be measured by long‑term outcomes, scientists say
India’s mangrove plantation programmes should be evaluated by long-term ecological outcomes rather than sapling counts, a study suggested. Read MoreTop
