🇰🇷✈️ Korea to require sustainable jet fuel on all outbound flights from 2027 #SAF 1% in 2027 before gradually increasing the requirement to 3-5 percent in 2030 and 7-10 percent in 2035. www-koreatimes-co-kr.cdn.ampproject.org/c/s/www.kore...

✈️ EU allocates €100m-worth of ETS allowances to help airlines buy Sustainable Aviation Fuels climate.ec.europa.eu/news-other-r...

🚗Years of subsidies and other government policies have aimed to make China a global automotive power and the world’s electric-vehicle leader. Domestic automakers have achieved those goals and more – and that’s the problem. www.reuters.com/investigatio...

Today Australia announced its new NDC #ParisAgreement #COP30 to reduce emissions by 62-70% below 2005 levels by 2035 www.dcceew.gov.au/climate-chan...

✈️ Breakthrough Energy Ventures has partnered with the oneworld Alliance to launch the first cross-airline venture fund dedicated to Sustainable Aviation Fuel (SAF) — with an initial close of $150M. www.prnewswire.com/news-release...

The Australian Government has committed $1.1 billion to support the production of low carbon liquid fuels (LCLF) in Australia. LCLF - such as renewable diesel, sustainable aviation fuel #SAF and e-fuels www.dcceew.gov.au/about/news/n...

China is expected to announce its new NDC by September 24, two sources told Reuters. #ParisAgreement #2035 www.reuters.com/sustainabili...

Great news from California 🇺🇸 California to extend cap-and-trade program aimed at advancing state climate goals #carbonsky www.ctvnews.ca/world/articl...

Shall the CBAM be expanded further downstream? Report from Germany's environment agency assesses products along the automotive value chain www.umweltbundesamt.de/publikatione...

💡Progress in China's market-oriented Renewables pricing reform More than 20 provinces have issued implementing rules and parameters for the Renewables auctioning /CfD, following the release of policy this February

🚩NEW Milestone for China's market-oriented Renewables deployment reform, following this February's policy release Results from the first provincial auctioning (Shandong province): 25 Wind projects cleared at CNY0.319/kWh 1175 Solar PV projects cleared at CNY 0.225/kWh

🗳️CBAM: Parliament adopts simplifications to the EU carbon leakage instrument www.europarl.europa.eu/news/en/pres...

In the EU carbon market, Investment funds added massive 22Mt net long positions in EUA derivatives on ICE exchange last week, shown in the latest CoT data This explains, at least partly, the recent #EUETS price rally to €77 #newpositions #shortageahead

1/11 FT: "Ursula von der Leyen, who had tasked Draghi to write his report, has been too preoccupied with averting a full-blown trade war with the US, keeping the Trump administration engaged on Ukraine and striking the right balance with China." www.ft.com/content/4423...

🏒back to ice hockey rink 👧🏻 helpful to keep my head cool 🧊 after a day watching screen 💻 and market movements 📈📉

📢 NEW: my podcast with CGTN on 'what's next for China's carbon market?' I am delighted to be invited to record this episode, right after the release of the high-level Opinions on strengthening the national carbon market 🥳 🔗 Link: radio.cgtn.com/podcast/news...

On Power of Siberia 2, Chinese media reported in a cautious tone that: 'Several people from China National Petroleum Corporation told CaiJing news that they have not seen any actual action to build the Power of Siberia 2 pipeline.'

Power of Siberia 2 (PoS2) pipeline The message to LNG exporters — especially those in the US who see China as a growth market in the 2030s — is clear: China will need less gas, and on better terms. www.ft.com/content/5561...

❗ LIVE NOW: Europe and the world in 2045 🔗 buff.ly/DEar8cx 🗣️ @jzettelmeyer.bsky.social, @kiramph.bsky.social @europarl.europa.eu, @marietjeschaake.bsky.social @stanfordcyber.bsky.social @stanfordhai.bsky.social & @dschwarzer.bsky.social @bertelsmannst.bsky.social

China has bought Power of Siberia 2 a step closer But the ties binding Russia to its most important consumer have undoubtedly tightened. “The geopolitical message is significant,” said Michal Meidan, who leads China research at OIES in Oxford. www.bloomberg.com/news/article...

A must read insightful post on Power of Siberia 2 gas pipeline by Michal Meidan of Oxford Institute for Energy Studies #OIES Announcements about Power of Siberia 2 are a huge turning point in the geopolitics of energy www.linkedin.com/posts/michal...

Today is Gas news day...China/Russia On Power of Siberia 2, 'legally binding memorandum of understanding', said Miller What's more is in the readout from China/Russia/Mongolia meeting: 'actively promote cross-border infrastructure and energy projects connecting the three countries'

📉China's Steel and Cement sectors are likely the ones facing Absolute Cap under national ETS from 2027 ...suggested the Chinese Academy of Environmental Planning (CAEP) who has been in charge of formulating ETS allocation plan. Their modelling results are also in line with my China ETS model

Thanks Politico for the chat on China's high-level policy to strengthen the carbon market and the role of the EU (years of collaboration with China in building the carbon market) #CBAM #EUETS

China released the highest-level policy for its carbon market and vows to introduce absolute ETS Cap for some industries from 2027. I shared my view on the impacts of actual emission reductions of the strengthened carbon market rules with Carbon Herald

📍China vows to strengthen the National Carbon Market The long-awaited full text of the high-level Opinions dated 24 May has now been officially released by the State Council It sets out the roadmap of China's carbon market, sectoral expansion, switch to Absolute Cap etc

Labubu 🧸 is one of the few famous idols from my hometown Xinxiang in China. The other one is table tennis 🏓 (WSJ) Doll maker’s sales soar as young people grappling with global economic uncertainty find joy in affordable pleasures www.wsj.com/business/ret...

Ukrainian President Volodymyr Zelenskyy is taking top European leaders with him to Washington for crunch talks with U.S. President Donald Trump on Monday.

💡NEW in China Voluntary carbon market On 15 August, the regulator MEE issued 4 new methodologies for public consultation #CCER These 4, when finalized, will add to the existing 6 methodologies in the relaunched national voluntary carbon market

Temperature records broken as extreme heat grips parts of Europe #Climate

☀️Great piece on whether Spain has gone too far too fast on solar power by @barneyjopson.bsky.social @financialtimes.com www.ft.com/content/0894...

(Bloomberg Green): Hedge funds are betting against oil stocks and winding back shorts on solar in a reversal of positions that dominated their energy strategies over the past four years. www.bloomberg.com/news/feature...

Chinese automakers surpassed a 10% share of Europe’s electric-vehicle market in June, marking a full comeback from tariffs set in place last year by the European Union.

Focus: China's solar giants quietly shed a third of their workforces last year reut.rs/45uyouS

🔋 Report on Energy Storage in China (2025) by the energy regular NEA

💡 China Electricity Council revised down slightly its forecast of China’s electricity consumption in 2025, NEW: between 5%-6% growth y-o-y OLD: 6%

📢 Attention hydrogen producers! The draft Terms & Conditions for the upcoming 2025 #InnovationFund Hydrogen Auction are out now! Give your input on the Auction’s scope and design 📝 by 14 September 2025! T&Cs: climate.ec.europa.eu/document/dow... Feedback Survey: ec.europa.eu/eusurvey/run...

What’re the odds that we went to buy gelato🍦 in Florence 🇮🇹 and the waiter’s brother lives in my village in 🇳🇴 He also speaks Norwegian!

💰 China Gas power 🆙 Guangdong province increased the Capacity Payment to Gas-fired power plants, to 165-396 CNY/kw/year, from previous level of 100 CNY

✈️ ⛽️ ♻️ Greener Aviation !

On Tuesday, a delegation of California’s Senate visited DG CLIMA to discuss EU-California cooperation on climate action, climate adaptation and emissions trading systems 🤝🌎

Update on the status of EU ETS free allocation 2025 on 24 July by @euclimateaction.bsky.social good progress ⏩ will this lead to industrials selling EUAs? I would not think so climate.ec.europa.eu/document/dow... Another July update due is EEX auction calendar ⌛️

☀️ How can China's #Solar manufacturers navigate out of the overcapacity battle? 📰 Recommend the in-depth special report in the latest edition of Caixin Weekly ($): weekly.caixin.com/2025-07-26/1... summary in Caixin WeChat post: mp.weixin.qq.com/s/HlgDxRlKNf...

McKinsey and Oxford Economics say that worst-case tariff scenario can't hold back the clean-energy revolution. www.mckinsey.com/industries/E...

🤖 AI and AI governance From the keynote speech by Geoffrey Hinton-the "Godfather of AI" at #waic2025 in Shanghai

Here's the source of Bloomberg's information: "Heat pump occupies top position among the heating systems sold for the first time - association demands clarity about future framework conditions" 25 July.

Heat Pump Sales Top Gas Boilers in Germany for the First Time About 139,000 heat pumps were sold in the first half of 2025, compared with 132,500 gas boilers, according to trade federation data. #EUETS2 www.bloomberg.com/news/article...

☀️ China is expected to add 270 GW to 300 GW new Solar capacity in 2025 latest forecast by the PV association CPIA released on 25 July This is 80 to 110 GW below the recent forecast by State Grid

🚢 China’s shipbuilding dominance didn’t happen overnight, but followed years of effort, investment, successes, and setbacks: www.construction-physics.com/p/how-china-...

🎉 🇨🇳 🇪🇺 joint statement on Climate