Welcome to Carbon Brief’s DeBriefed.
An essential guide to the week’s key developments relating to climate change.
This week
Deadly flooding
VALENCIA FLOODS: Spain is facing its worst flooding “in generations”, with more than 158 people killed in its third-largest city, Valencia, BBC News reported. On Thursday, more than 1,200 emergency staff worked to rescue people “as rains continued to threaten parts of the country”, the broadcaster said. An editorial in Spanish newspaper El País described the event as “a painful reminder that Spain is on one of the front lines of the climate crisis”.
CLIMATE ATTRIBUTION: The Associated Press reported that, according to a “rapid but partial” attribution study by World Weather Attribution, climate change “made Spain’s rainfall about 12% heavier and doubled the likelihood of a storm as intense as this week’s deluge of Valencia”. The Financial Times reported that sea surface temperatures “far above normal levels” in the Mediterranean helped to fuel the storm.
NEW DANGER: Meanwhile, Tropical Storm Trami has triggered devastating floods and landslides in the Philippines, CNN reported. The outlet quoted president Ferdinand Marcos, who said: “This is climate change. This is all new, so we have to come up with new solutions.” Authorities have reported at least 150 deaths due to the storm and a subsequent typhoon that has struck the region, according to the Philippine Star. Meanwhile, Taiwan also faced its largest typhoon in decades, the Guardian reported.
UK climate plans
CLEAN ENERGY BOOST: The first budget of the new UK Labour government contained plans to “beef up” investment in its “clean energy mission”, BusinessGreen reported. The website pointed to new fiscal rules to boost public spending on “green infrastructure”, plus investment in carbon capture and storage (CCS), green hydrogen and electric car supply chains.
GREEN BUDGET?: The Guardian said “reactions were mixed” on how “green” the budget was. The newspaper noted that, despite higher taxes on air passengers, the government was criticised for maintaining a “freeze” on fuel duty for petrol and diesel and loosening a cap on the price of bus tickets. Carbon Brief has published a rundown of the budget’s key climate and energy announcements.
NEW GOAL: Meanwhile, the UK government’s climate adviser the Climate Change Committee (CCC) has recommended that the nation should make an international pledge to cut its emissions to 81% below 1990 levels by 2035, according to the Press Association. The advice aligns with the UK’s existing domestic target, the Financial Times added. Carbon Brief covered the CCC’s advice, which will influence the target the UK is expected to present at the upcoming COP29 climate summit.
Around the world
- BAD RECORD: Greenhouse gases in the atmosphere reached “record” levels in 2023, with carbon dioxide (CO2) at a concentration last seen a few million years ago, according to new World Meteorological Organization figures covered by BBC News.
- NO DEAL: The EU has imposed tariffs on Chinese-made electric vehicles after China failed to secure a deal to halt their passage, according to the South China Morning Post. In response, Reuters reported that China has told carmakers to halt big investments in European countries that support the tariffs, including France and Italy.
- RISING SEAS: At a meeting in Samoa, Commonwealth nations agreed on an “ocean declaration”, which recognised existing maritime boundaries in nations that lose land to sea-level rise, according to the Associated Press.
- FAKE COP: “Apparently fake” social media accounts are being used to boost Azerbaijan’s hosting of COP29, according to a Global Witness investigation reported by the Guardian. The accounts have been drowning out online criticism of the nation’s poor record on human rights, it added.
8.3%
The proportion by which EU greenhouse gas emissions fell in the past year – the sharpest drop since the pandemic, but “still not on track” for its climate targets, reported EuroNews.
Latest climate research
- A new study in the journal npj Climate and Atmospheric Science suggested that more than half of the 60,000 deaths caused by Europe’s summer heatwave of 2022 can be attributed to global warming.
- A global area of forest bigger than Mexico has the potential for natural forest restoration, which could store more than 23bn tonnes of carbon over the course of three decades, according to new research published in Nature.
- Only one in seven news articles published in the English-language press in India about a 2022 heatwave mentioned the links to climate change, new research in Environmental Communication found. The figure was even lower for articles written in Hindi, Telugu and Marathi, it added.
(For more, see Carbon Brief’s in-depth daily summaries of the top climate news stories on Monday, Tuesday, Wednesday, Thursday and Friday.)
Captured
Additions of new solar and wind generating capacity in China continue to break last year’s records, according to new analysis for Carbon Brief by Lauri Myllyvirta, lead analyst at the Centre for Research on Energy and Clean Air. The growth in China’s solar-power output this year alone is on track to equal the total power generation of Australia or Vietnam in 2023, based on growth rates during the first nine months of the year. The wider analysis by Myllyvirta found that China’s emissions remained flat in the third quarter of the year, leaving open the possibility that its emissions could drop in 2024.
Spotlight
Coming to consensus in Cali?
This week, Carbon Brief reports on the ground in Cali, Colombia, as the COP16 biodiversity talks inch towards their finale.
Tensions are running high and energy is running low as COP16 nears its end, with plenary sessions dragging on long into the nights.
Connectivity issues have plagued the two weeks of the summit, with WiFi signals shaky at best. Translation services have also proven cumbersome in both negotiating rooms and the press centre. Countries with small delegations have complained of being forced to prioritise certain negotiation tracks, while being shut out of others due to a lack of capacity.
Rather than coming towards consensus in the summit’s final days, observers tell Carbon Brief, countries are seemingly entrenching their positions even further.
In a statement shared with Carbon Brief, Oscar Soria, an activist with the Common Initiative and a veteran COP-goer, said:
“What we are seeing at this COP is an unprecedented high level of distrust between developing and developed countries.”
With the talks scheduled to end on Friday, Carbon Brief analysis shows that there are still nearly 700 brackets denoting areas of disagreement remaining in the decision texts. (Biodiversity COPs tend to run over their scheduled finish time.)
Below are four of the key issues negotiators are tasked with addressing – and how progress has been made on each.
Finance
Negotiations around finance at COP16 fall under two tracks: mobilising funds; and the financial mechanism for disbursing them.
Developing countries are unsatisfied with a decision at COP15 to create a Global Biodiversity Framework Fund – hosted at the Global Environment Facility in the US – and would rather see a fund that is governed by the COP itself, while developed countries want to maintain the status quo.
On resource mobilisation, money has been slow to trickle in, with additional pledges made at the summit towards the new fund totalling just $163m.
Carbon Brief understands that it is looking increasingly likely that parties will agree to revisit the issue during intersessional meetings next year.
Digital sequence information
The use of genetic resources, known as digital sequence information (DSI), is one of the key issues at COP16 – and is tied in closely to the fights around finance.
Biodiverse countries, many of whom are in the global south, want mandatory payments from companies that profit from genetic code sourced within their borders (for example, genes that are used in drug development).
Countries with strong pharmaceutical and other industries are pushing for voluntary payments only. As of Thursday evening, both options remained on the table.
Indigenous rights
Another key topic at COP16 is how to recognise the contributions of Indigenous people, who play an outsized role in protecting biodiversity globally.
In Cali, countries have agreed to adopt a programme of work to implement Article 8(j) of the Convention on Biological Diversity (CBD), which deals with respecting and preserving Indigenous knowledge.
However, Indigenous representatives are also calling for negotiators to agree to a new subsidiary body on Article 8(j), with “a mandate to provide advice” to the CBD.
Monitoring framework
In 2022, countries agreed to the Kunming-Montreal Global Biodiversity Framework, a landmark deal often described as the “Paris Agreement for nature”.
In Cali, negotiators have been tasked with coming up with a set of metrics that can be used to monitor countries’ implementation of the framework.
Discussions so far have been slow, but productive, observers told Carbon Brief.
The framework consists of sets of both mandatory and optional indicators, along with an annex containing technical details.
The general sense is that the monitoring framework that is being negotiated is not perfect, but the need to come to a decision – so countries can monitor their progress ahead of a “stocktake” at the next COP – means parties should agree to the framework here, with a promise to revisit and revise it going forward.
(Carbon Brief will publish a full summary of the COP16 talks after countries reach a deal.)
Watch, read, listen
‘DISTURBING’ PROGRESS: In Cali, the Guardian’s Patrick Greenfield reported on “alarm” raised by experts at a “disturbing” lack of progress at COP16.
AFRICAN ADAPTATION: For African Arguments, two policy experts called for the COP29 climate summit to adopt a clear adaptation goal amid growing climate impacts in Africa.
STOCKTAKE: For BBC Radio 4, environmental journalist Roger Harrabin examined whether the US election of 2000 was “the year we lost climate”.
Coming up
- 4-8 November: 12th session of the World Urban Forum, Cairo, Egypt
- 5 November: US presidential election
- 5 November: UN Environment Programme event on national adaptation plans, online
- 7 November: UN Environment Programme Adaptation Gap Report 2024 launch
Pick of the jobs
- New York Times, climate writer and climate multimedia editor | Salary: $111,050-$125,000 and $111,712-$140,000. Location: New York
- Nature Reviews Earth and Environment, locum associate or senior editor | Salary: $74,000-$91,000. Location: London or New York
- Mayor of London, senior policy and programme officer – climate change mitigation | Salary: £51,029. Location: London
- Norwegian Church Aid and DanChurchAid Joint Country Programme Zambia, senior programme officer, climate and environment stewardship | Salary: Unknown. Location: Lusaka, Zambia
DeBriefed is edited by Daisy Dunne. Please send any tips or feedback to debriefed@carbonbrief.org.
This is an online version of Carbon Brief’s weekly DeBriefed email newsletter. Subscribe for free here.
The post DeBriefed 1 November 2024: Spain’s deadly floods; UK budget ‘mixed’ on climate; Countries inch towards a deal at COP16 appeared first on Carbon Brief.
Climate Change
DeBriefed 27 February 2026: Trump’s fossil-fuel talk | Modi-Lula rare-earth pact | Is there a UK ‘greenlash’?
Welcome to Carbon Brief’s DeBriefed.
An essential guide to the week’s key developments relating to climate change.
This week
Absolute State of the Union
‘DRILL, BABY’: US president Donald Trump “doubled down on his ‘drill, baby, drill’ agenda” in his State of the Union (SOTU) address, said the Los Angeles Times. He “tout[ed] his support of the fossil-fuel industry and renew[ed] his focus on electricity affordability”, reported the Financial Times. Trump also attacked the “green new scam”, noted Carbon Brief’s SOTU tracker.
COAL REPRIEVE: Earlier in the week, the Trump administration had watered down limits on mercury pollution from coal-fired power plants, reported the Financial Times. It remains “unclear” if this will be enough to prevent the decline of coal power, said Bloomberg, in the face of lower-cost gas and renewables. Reuters noted that US coal plants are “ageing”.
OIL STAY: The US Supreme Court agreed to hear arguments brought by the oil industry in a “major lawsuit”, reported the New York Times. The newspaper said the firms are attempting to head off dozens of other lawsuits at state level, relating to their role in global warming.
SHIP-SHILLING: The Trump administration is working to “kill” a global carbon levy on shipping “permanently”, reported Politico, after succeeding in delaying the measure late last year. The Guardian said US “bullying” could be “paying off”, after Panama signalled it was reversing its support for the levy in a proposal submitted to the UN shipping body.
Around the world
- RARE EARTHS: The governments of Brazil and India signed a deal on rare earths, said the Times of India, as well as agreeing to collaborate on renewable energy.
- HEAT ROLLBACK: German homes will be allowed to continue installing gas and oil heating, under watered-down government plans covered by Clean Energy Wire.
- BRAZIL FLOODS: At least 53 people died in floods in the state of Minas Gerais, after some areas saw 170mm of rain in a few hours, reported CNN Brasil.
- ITALY’S ATTACK: Italy is calling for the EU to “suspend” its emissions trading system (ETS) ahead of a review later this year, said Politico.
- COOKSTOVE CREDITS: The first-ever carbon credits under the Paris Agreement have been issued to a cookstove project in Myanmar, said Climate Home News.
- SAUDI SOLAR: Turkey has signed a “major” solar deal that will see Saudi firm ACWA building 2 gigawatts in the country, according to Agence France-Presse.
$467 billion
The profits made by five major oil firms since prices spiked following Russia’s invasion of Ukraine four years ago, according to a report by Global Witness covered by BusinessGreen.
Latest climate research
- Claims about the “fingerprint” of human-caused climate change, made in a recent US Department of Energy report, are “factually incorrect” | AGU Advances
- Large lakes in the Congo Basin are releasing carbon dioxide into the atmosphere from “immense ancient stores” | Nature Geoscience
- Shared Socioeconomic Pathways – scenarios used regularly in climate modelling – underrepresent “narratives explicitly centring on democratic principles such as participation, accountability and justice” | npj Climate Action
(For more, see Carbon Brief’s in-depth daily summaries of the top climate news stories on Monday, Tuesday, Wednesday, Thursday and Friday.)
Captured
The constituency of Richard Tice MP, the climate-sceptic deputy leader of Reform UK, is the second-largest recipient of flood defence spending in England, according to new Carbon Brief analysis. Overall, the funding is disproportionately targeted at coastal and urban areas, many of which have Conservative or Liberal Democrat MPs.
Spotlight
Is there really a UK ‘greenlash’?
This week, after a historic Green Party byelection win, Carbon Brief looks at whether there really is a “greenlash” against climate policy in the UK.
Over the past year, the UK’s political consensus on climate change has been shattered.
Yet despite a sharp turn against climate action among right-wing politicians and right-leaning media outlets, UK public support for climate action remains strong.
Prof Federica Genovese, who studies climate politics at the University of Oxford, told Carbon Brief:
“The current ‘war’ on green policy is mostly driven by media and political elites, not by the public.”
Indeed, there is still a greater than two-to-one majority among the UK public in favour of the country’s legally binding target to reach net-zero emissions by 2050, as shown below.
Steve Akehurst, director of public-opinion research initiative Persuasion UK, also noted the growing divide between the public and “elites”. He told Carbon Brief:
“The biggest movement is, without doubt, in media and elite opinion. There is a bit more polarisation and opposition [to climate action] among voters, but it’s typically no more than 20-25% and mostly confined within core Reform voters.”
Conservative gear shift
For decades, the UK had enjoyed strong, cross-party political support for climate action.
Lord Deben, the Conservative peer and former chair of the Climate Change Committee, told Carbon Brief that the UK’s landmark 2008 Climate Change Act had been born of this cross-party consensus, saying “all parties supported it”.
Since their landslide loss at the 2024 election, however, the Conservatives have turned against the UK’s target of net-zero emissions by 2050, which they legislated for in 2019.
Curiously, while opposition to net-zero has surged among Conservative MPs, there is majority support for the target among those that plan to vote for the party, as shown below.
Dr Adam Corner, advisor to the Climate Barometer initiative that tracks public opinion on climate change, told Carbon Brief that those who currently plan to vote Reform are the only segment who “tend to be more opposed to net-zero goals”. He said:
“Despite the rise in hostile media coverage and the collapse of the political consensus, we find that public support for the net-zero by 2050 target is plateauing – not plummeting.”
Reform, which rejects the scientific evidence on global warming and campaigns against net-zero, has been leading the polls for a year. (However, it was comfortably beaten by the Greens in yesterday’s Gorton and Denton byelection.)
Corner acknowledged that “some of the anti-net zero noise…[is] showing up in our data”, adding:
“We see rising concerns about the near-term costs of policies and an uptick in people [falsely] attributing high energy bills to climate initiatives.”
But Akehurst said that, rather than a big fall in public support, there had been a drop in the “salience” of climate action:
“So many other issues [are] competing for their attention.”
UK newspapers published more editorials opposing climate action than supporting it for the first time on record in 2025, according to Carbon Brief analysis.
Global ‘greenlash’?
All of this sits against a challenging global backdrop, in which US president Donald Trump has been repeating climate-sceptic talking points and rolling back related policy.
At the same time, prominent figures have been calling for a change in climate strategy, sold variously as a “reset”, a “pivot”, as “realism”, or as “pragmatism”.
Genovese said that “far-right leaders have succeeded in the past 10 years in capturing net-zero as a poster child of things they are ‘fighting against’”.
She added that “much of this is fodder for conservative media and this whole ecosystem is essentially driving what we call the ‘greenlash’”.
Corner said the “disconnect” between elite views and the wider public “can create problems” – for example, “MPs consistently underestimate support for renewables”. He added:
“There is clearly a risk that the public starts to disengage too, if not enough positive voices are countering the negative ones.”
Watch, read, listen
TRUMP’S ‘PETROSTATE’: The US is becoming a “petrostate” that will be “sicker and poorer”, wrote Financial Times associate editor Rana Forohaar.
RHETORIC VS REALITY: Despite a “political mood [that] has darkened”, there is “more green stuff being installed than ever”, said New York Times columnist David Wallace-Wells.
CHINA’S ‘REVOLUTION’: The BBC’s Climate Question podcast reported from China on the “green energy revolution” taking place in the country.
Coming up
- 2-6 March: UN Food and Agriculture Organization regional conference for Latin America and Caribbean, Brasília
- 3 March: UK spring statement
- 4-11 March: China’s “two sessions”
- 5 March: Nepal elections
Pick of the jobs
- The Guardian, senior reporter, climate justice | Salary: $123,000-$135,000. Location: New York or Washington DC
- China-Global South Project, non-resident fellow, climate change | Salary: Up to $1,000 a month. Location: Remote
- University of East Anglia, PhD in mobilising community-based climate action through co-designed sports and wellbeing interventions | Salary: Stipend (unknown amount). Location: Norwich, UK
- TABLE and the University of São Paulo, Brazil, postdoctoral researcher in food system narratives | Salary: Unknown. Location: Pirassununga, Brazil
DeBriefed is edited by Daisy Dunne. Please send any tips or feedback to debriefed@carbonbrief.org.
This is an online version of Carbon Brief’s weekly DeBriefed email newsletter. Subscribe for free here.
The post DeBriefed 27 February 2026: Trump’s fossil-fuel talk | Modi-Lula rare-earth pact | Is there a UK ‘greenlash’? appeared first on Carbon Brief.
Seven Pacific island nations say they will demand heftier levies on global shipping emissions if opponents of a green deal for the industry succeed in reopening negotiations on the stalled accord.
The United States and Saudi Arabia persuaded countries not to grant final approval to the International Maritime Organization’s Net-Zero Framework (NZF) in October and they are now leading a drive for changes to the deal.
In a joint submission seen by Climate Home News, the seven climate-vulnerable Pacific countries said the framework was already a “fragile compromise”, and vowed to push for a universal levy on all ship emissions, as well as higher fees . The deal currently stipulates that fees will be charged when a vessel’s emissions exceed a certain level.
“For many countries, the NZF represents the absolute limit of what they can accept,” said the unpublished submission by Fiji, Kiribati, Vanuatu, Nauru, Palau, Tuvalu and the Solomon Islands.
The countries said a universal levy and higher charges on shipping would raise more funds to enable a “just and equitable transition leaving no country behind”. They added, however, that “despite its many shortcomings”, the framework should be adopted later this year.
US allies want exemption for ‘transition fuels’
The previous attempt to adopt the framework failed after governments narrowly voted to postpone it by a year. Ahead of the vote, the US threatened governments and their officials with sanctions, tariffs and visa restrictions – and President Donald Trump called the framework a “Green New Scam Tax on Shipping”.
Since then, Liberia – an African nation with a major low-tax shipping registry headquartered in the US state of Virginia – has proposed a new measure under which, rather than staying fixed under the NZF, ships’ emissions intensity targets change depending on “demonstrated uptake” of both “low-carbon and zero-carbon fuels”.
The proposal places stringent conditions on what fuels are taken into consideration when setting these targets, stressing that the low- and zero-carbon fuels should be “scalable”, not cost more than 15% more than standard marine fuels and should be available at “sufficient ports worldwide”.
This proposal would not “penalise transitional fuels” like natural gas and biofuels, they said. In the last decade, the US has built a host of large liquefied natural gas (LNG) export terminals, which the Trump administration is lobbying other countries to purchase from.
The draft motion, seen by Climate Home News, was co-sponsored by US ally Argentina and also by Panama, a shipping hub whose canal the US has threatened to annex. Both countries voted with the US to postpone the last vote on adopting the framework.
-
IMO head: Shipping decarbonisation “has started” despite green deal delay
Arsenio Dominguez said the shipping industry’s net zero emissions goal is not in dispute although countries have stalled on adopting a framework to reach it -
US-led alliance wins a year’s delay in adoption of green shipping deal
The IMO’s Net-Zero Framework will be up for approval again in October 2026, after the US and Saudi Arabia persuaded countries not to vote on it as planned
The IMO’s Panamanian head Arsenio Dominguez told reporters in January that changes to the framework were now possible.
“It is clear from what happened last year that we need to look into the concerns that have been expressed [and] … make sure that they are somehow addressed within the framework,” he said.
Patchwork of levies
While the European Union pushed firmly for the framework’s adoption, two of its shipping-reliant member states – Greece and Cyprus – abstained in October’s vote.
After a meeting between the Greek shipping minister and Saudi Arabia’s energy minister in January, Greece said a “common position” united Greece, Saudi Arabia and the US on the framework.
If the NZF or a similar instrument is not adopted, the IMO has warned that there will be a patchwork of differing regional levies on pollution – like the EU’s emissions trading system for ships visiting its ports – which will be complicated and expensive to comply with.
This would mean that only countries with their own levies and with lots of ships visiting their ports would raise funds, making it harder for other nations to fund green investments in their ports, seafarers and shipping companies. In contrast, under the NZF, revenues would be disbursed by the IMO to all nations based on set criteria.
Anais Rios, shipping policy officer from green campaign group Seas At Risk, told Climate Home News the proposal by the Pacific nations for a levy on all shipping emissions – not just those above a certain threshold – was “the most credible way to meet the IMO’s climate goals”.
“With geopolitics reframing climate policy, asking the IMO to reopen the discussion on the universal levy is the only way to decarbonise shipping whilst bringing revenue to manage impacts fairly,” Rios said.
“It is […] far stronger than the Net-Zero Framework that is currently on offer.”
The post Pacific nations want higher emissions charges if shipping talks reopen appeared first on Climate Home News.
Pacific nations want higher emissions charges if shipping talks reopen
Doubts over whether governments will maintain ambitious targets on boosting the use of sustainable aviation fuel (SAF) are a threat to the industry’s growth and play into the hands of fossil fuel companies, investors warned this week.
Several executives from airlines and oil firms have forecast recently that SAF requirements in the European Union, United Kingdom and elsewhere will be eased or scrapped altogether, potentially upending the aviation industry’s main policy to shrink air travel’s growing carbon footprint.
Such speculation poses a “fundamental threat” to the SAF industry, which mainly produces an alternative to traditional kerosene jet fuel using organic feedstocks such as used cooking oil (UCO), Thomas Engelmann, head of energy transition at German investment manager KGAL, told the Sustainable Aviation Fuel Investor conference in London.
He said fossil fuel firms would be the only winners from questions about compulsory SAF blending requirements.
The EU and the UK introduced the world’s first SAF mandates in January 2025, requiring fuel suppliers to blend at least 2% SAF with fossil fuel kerosene. The blending requirement will gradually increase to reach 32% in the EU and 22% in the UK by 2040.
Another case of diluted green rules?
Speaking at the World Economic Forum in Davos in January, CEO of French oil and gas company TotalEnergies Patrick Pouyanné said he would bet “that what happened to the car regulation will happen to the SAF regulation in Europe”.
The EU watered down green rules for car-makers in March 2025 after lobbying from car companies, Germany and Italy.
“You will see. Today all the airline companies are fighting [against the EU’s 2030 SAF target of 6%],” Pouyanne said, even though it’s “easy to reach to be honest”.
While most European airline lobbies publicly support the mandates, Ryanair Group CEO Michael O’Leary said last year that the SAF is “nonsense” and is “gradually dying a death, which is what it deserves to do”.
EU and UK stand by SAF targets
But the EU and the British government have disputed that. EU transport commissioner Apostolos Tzitzikostas said in November that the EU’s targets are “stable”, warning that “investment decisions and construction must start by 2027, or we will miss the 2030 targets”.
UK aviation minister Keir Mather told this week’s investor event that meeting the country’s SAF blending requirement of 10% by 2030 was “ambitious but, with the right investment, the right innovation and the right outlook, it is absolutely within our reach”.
“We need to go further and we need to go faster,” Mather said.
SAF investors and developers said such certainty on SAF mandates from policymakers was key to drawing the necessary investment to ramp up production of the greener fuel, which needs to scale up in order to bring down high production costs. Currently, SAF is between two and seven times more expensive than traditional jet fuel.
Urbano Perez, global clean molecules lead at Spanish bank Santander, said banks will not invest if there is a perceived regulatory risk.
David Scott, chair of Australian SAF producer Jet Zero Australia, said developing SAF was already challenging due to the risks of “pretty new” technology requiring high capital expenditure.
“That’s a scary model with a volatile political environment, so mandate questioning creates this problem on steroids”, Scott said.
Others played down the risk. Glenn Morgan, partner at investment and advisory firm SkiesFifty, said “policy is always a risk”, adding that traditional oil-based jet fuel could also lose subsidies.
Asian countries join SAF mandate adopters
In Asia, Singapore, South Korea, Thailand and Japan have recently adopted SAF mandates, and Matti Lievonen, CEO of Asia-based SAF producer EcoCeres, predicted that China, Indonesia and Hong Kong would follow suit.
David Fisken, investment director at the Australian Trade and Investment Commission, said the Australian government, which does not have a mandate, was watching to see how the EU and UK’s requirements played out.
The US does not have a SAF mandate and under President Donald Trump the government has slashed tax credits available for SAF producers from $1.75 a gallon to $1.
Is the world’s big idea for greener air travel a flight of fancy?
SAF and energy security
SAF’s potential role in boosting energy security was a major theme of this week’s discussions as geopolitical tensions push the issue to the fore.
Marcella Franchi, chief commercial officer for SAF at France’s Haffner Energy, said the Canadian government, which has “very unsettling neighbours at the moment”, was looking to produce SAF to protect its energy security, especially as it has ample supplies of biomass to use as potential feedstock.
Similarly, German weapons manufacturer Rheinmetall said last year it was working on plans that would enable European armed forces to produce their own synthetic, carbon-neutral fuel “locally and independently of global fossil fuel supply chain”.
Scott said Australia needs SAF to improve its fuel security, as it imports almost 99% of its liquid fuels.
He added that support for Australian SAF production is bipartisan, in part because it appeals to those more concerned about energy security than tackling climate change.
The post Doubts over European SAF rules threaten cleaner aviation hopes, investors warn appeared first on Climate Home News.
Doubts over European SAF rules threaten cleaner aviation hopes, investors warn
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