Carbon Market News

Market Updates

Inpex moves forward with carbon capture drilling

Inpex has secured government approval to drill two offshore CCS exploration wells near Japan’s Chiba Prefecture as part of its Metropolitan CCS project, one of the country’s nine strategic Advanced CCS initiatives. The project targets an initial CO₂ injection capacity of 1.3 million tonnes per year, with potential expansion to 5 million tonnes annually. Captured emissions from nearby industrial sites will be transported by pipeline for offshore storage. The joint venture plans to reach a final investment decision in 2027, with storage operations expected to begin in the early 2030s.
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#Inpex, #CCS, #OffshoreStorage, #CO2Storage, #Decarbonisation, #IndustrialDecarbonisation, #EnergyTransition, #NetZero

Microsoft Reaffirms Commitment To Carbon Removal Strategy

Microsoft has clarified that carbon removal remains central to its climate strategy, despite reports that it is pausing future purchases. The company said it may adjust the pace or volume of procurement as it reviews market conditions and its broader decarbonization approach, while existing agreements remain intact. Industry data show that demand beyond Microsoft is growing, with non‑Microsoft buyers contracting 3.2 million tonnes in 2025. The episode underscores a transition toward a more diversified, policy‑driven carbon removal market rather than reliance on a single anchor buyer.
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#Microsoft, #CDR, #CarbonRemoval, #CarbonMarket, #Decarbonisation, #ClimateStrategy, #NetZero

Microsoft buys 626,000 tonnes of CDR credits from Canada BECCS project

Microsoft has agreed to purchase 626,000 tonnes of durable carbon dioxide removal (CDR) over 15 years from the North Star BECCS project in Saskatchewan. The project, co‑located at a biomass power facility, is developed by North Star Carbon Solutions, a partnership between an Indigenous council and a clean‑tech firm. It will capture and permanently store CO₂ in geological formations, generating up to 90,000 tonnes of CDR credits annually. The deal marks Microsoft’s first Canadian BECCS offtake and a milestone for Indigenous‑led carbon removal.
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#Microsoft, #CDR, #CarbonRemoval, #BECCS, #CCS, #Canada, #Indigenous, #GeologicalStorage, #NetZero

Shein’s Partnership with DHL for Sustainable Aviation Fuel

Shein has begun integrating sustainable aviation fuel (SAF) into its air cargo operations through a partnership with DHL’s GoGreen Plus service, responding to growing pressure on fashion retailers to cut logistics‑related emissions. SAF can reduce lifecycle aviation emissions by up to 80% compared with conventional jet fuel, with reductions allocated to customers under recognized accounting standards. The move reflects rising consumer sensitivity to sustainability, particularly among Gen Z, and forms part of Shein’s broader strategy to decarbonize air logistics through partnerships with global carriers.
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#Shein, #SAF, #SustainableAviationFuel, #DHL, #AviationDecarbonisation, #Logistics, #GenZ, #Sustainability, #EnergyTransition

TotalEnergies, Masdar Launch $2.2 Billion Joint Venture To Scale 9 GW Renewables Across Asia

TotalEnergies and Masdar have formed a $2.2 billion joint venture to scale 9 GW of renewable energy across nine Asian markets, combining 3 GW of operating assets with a 6 GW pipeline targeted for completion by 2030. The 50:50 platform will focus on solar, wind, and battery storage, positioning the partners to meet Asia’s surging electricity demand. Headquartered in Abu Dhabi, the JV reflects growing consolidation and cross‑regional collaboration to deploy clean energy at scale across high‑growth Asian markets.
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#TotalEnergies, #Masdar, #RenewableEnergy, #CleanEnergy, #Solar, #Wind, #BatteryStorage, #Asia, #EnergyTransition

Symbiosis Coalition Launches Its Second RFP For Nature-Based Carbon Removals

The Symbiosis Coalition is backed by a 20+ million‑tonne advance market commitment and members including Google, Meta, and Microsoft, the coalition seeks best‑in‑class nature‑based CDR projects aligned with ICVCM standards.
The coalition has launched its second request for proposals for high‑quality carbon removal projects, expanding beyond reforestation and agroforestry to include mangrove‑based blue carbon for the first time. The RFP targets large‑scale, commercially ready projects and will pilot pre‑purchases of up to 1 million tonnes of mangrove credits, signaling growing demand for high‑integrity blue carbon.
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#CarbonRemoval, #BlueCarbon, #Mangroves, #SymbiosisCoalition, #ClimateAction

Symbiosis Members Google, Meta And McKinsey Invest In Reforestation CDR By Living Carbon

Members of the Symbiosis Coalition, including Google, Meta, and McKinsey & Company, have invested in a reforestation-based carbon removal project developed by Living Carbon. The project is the second selected under the Coalition’s initial Request for Proposals (RFP), which targets over 500,000 tonnes of removals over 10 years. It will be the first Symbiosis project registered under Isometric’s Reforestation Protocol. The transaction contributes to the Coalition’s broader target of contracting more than 20 million tonnes of high-quality nature-based carbon removal credits by 2030.
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#NBS #CDR #CarbonRemoval #Meta #McKinsey #Google #SymbisisCoalition

Microsoft Inks Biggest-Ever U.S. Biochar Deal with Liferaft

Microsoft has signed its largest-ever U.S. biochar carbon removal deal with Liferaft, further expanding its long-term carbon removal portfolio. The agreement highlights Microsoft’s continued leadership in securing large-scale, durable removal supply through long-term offtake contracts. By focusing on biochar, the deal reflects growing confidence in scalable, mid-durability solutions within the CDR market. It also underscores increasing competition for high-quality removal supply, as early movers lock in future capacity and shape the emerging carbon removal market.
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#Microsoft #Liferaft #CarbonRemoval #CDR #Biochar #Biochar

Carbon-Removal Credits Licensed by EU Get Nasdaq Backing

EU-licensed carbon removal credits are attracting growing investor interest, highlighting rising demand for high-integrity, policy-aligned carbon assets. Nasdaq and Dutch payments provider Adyen are among the buyers of credits from a Stockholm-based project operated by Stockholm Exergi. The facility uses bioenergy with carbon capture and storage (BECCS), converting agricultural and woody residues into energy while capturing and storing CO₂ deep beneath the North Sea, where it mineralizes over time. The development reflects increasing participation from both corporate and financial buyers and signals that EU-aligned removal credits are emerging as a premium segment in carbon markets, with strong implications for future pricing and capital allocation.
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#EU #CarbonRemoval #BECCS #Nasdaq #TBS #ClimeFi

Google Inks Waste-to-Carbon Deal to Remove 200K Tons of CO₂ With AI and Biochar

Google has signed a deal to remove 200,000 tons of CO₂ using a combination of AI, waste-to-carbon technology, and biochar. The agreement reflects a growing trend among corporates to secure long-term carbon removal supply rather than relying on traditional offsets. By integrating advanced technology with scalable removal pathways, the project aims to enhance efficiency and permanence. The deal highlights increasing demand for high-quality carbon removal and reinforces the role of innovative solutions in shaping the next phase of voluntary carbon markets.
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#Google #CarbonRemoval #CDR #Biochar #AI