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Latest net zero news
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US rolls back strict fuel-economy standards
US rolls back strict fuel-economy standards
Washington, 28 September (Argus) — US president Donald Trump's administration on Monday, 29 September finalized a rule that weakens fuel-economy standards for cars and pickup trucks, further dismantling earlier policies that had supported sales of electric vehicles and hybrids. The new standards will require cars and trucks to achieve an average fuel economy of 34.9 miles/USG by model year 2031, down from a standard of 50.4 miles/USG that former-president Joe Biden had set in 2024. The US National Highway Traffic Safety Administration (NHTSA) said the revised standards will cut the price of a new vehicle by about $1,300. The prior standards would have "forced Americans into cars they never wanted, and wasted Billions on Chargers that were never built", Trump said in a social media post Sunday after giving final approval to the rollback. Despite the upfront savings on the vehicle price, drivers will end up paying an extra $1,300-$1,600 on fuel over the lifespan of the vehicles sold through model year 2031 because of the rollback, according to NHTSA, translating to 738mn bl of additional fuel consumption. Democrats said weakening existing rules will mean higher fuel prices in the future. "Gas prices are at near-record highs and Trump's response is to force you to get fewer miles out of every tank of gas," California governor Gavin Newsom (D) said in a social media post over the weekend. The Republican-led US Congress had already effectively nullified NHTSA's fuel-economy standards last year, when they voted to eliminate all non-compliance penalties on automakers. Congress in the same law also repealed a $7,500 tax credit for electric vehicles. Separately, the Trump administration earlier this year repealed all climate regulations for cars and trucks, while blocking California's ability to enforce clean car standards that would have encouraged a switch to electric vehicles. Critics say those combined policies could allow Chinese automakers to take market share from the US on the production of electric vehicles. By Chris Knight Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
EU plans one-year delay to methane law for oil, gas
EU plans one-year delay to methane law for oil, gas
Brussels, 28 September (Argus) — The European Commission is assessing legal options to delay by one year key monitoring provisions in its 2024 methane emissions regulation (MER) for oil, gas and coal imports due to enter into force in 2027, according to an official source. EU energy commissioner Dan Jorgensen is expected to present the proposal before an EU leaders' meeting on 15 October. A Commission official said Brussels is examining whether to postpone "some" parts of the MER. "That is now ongoing at technical level," the official said today. The moves comes after French president Emmanuel Macron last week called for a one-year postponement . The Commission at the time said it would examine Macron's proposal. But energy spokesperson Anna-Kaisa Itkonen had said that Brussels would consider additional measures only if it identified risks to energy security or supply. Under the MER, oil, gas and coal importers must show that the fossil fuels coming to the EU were produced in a jurisdiction with monitoring, reporting and verification requirements equivalent to those applied in the bloc. The rule was due to apply to all contracts signed or renewed after 4 August 2024. The Commission in July had already put forward formal recommendations that member states refrain from imposing penalties for non-compliance with the MER between 2027 and 2029. But the oil and gas industry continued to ask for a three-year delay to the regulation. The Commission official today said that, in the absence of an energy supply emergency, the Commission is unlikely to use emergency legislative powers. The EU last used such powers in 2022 to cap power market revenues at €180/MWh and impose a temporary solidarity contribution on excess profits in the oil, gas, coal and refining sectors. The official said a delay would have the greatest short-term political impact compared to energy demand saving and other measures because the regulation's reporting obligations are due to take effect on 1 January 2027. EU energy ministers are expected to discuss the methane regulation and energy security issues at an informal meeting in Dublin on 29 September. But no decisions are expected. More than 10 member states earlier this year said they were considering backing an initiative led by the Czech Republic government calling on the Commission to review the regulation and delay its implementation. The regulation has also been a major point of contention between the EU and the US in recent months. And both European LNG buyers and US exporters have repeatedly complained that uncertainty over how to comply with this regulation is holding back the signing of long-term LNG deals. In a letter to ministers, Jorgensen said EU gas storage is exceptionally low but there are "currently no immediate risks to security of supply". He also urged EU states to make use of flexibility in the gas storage regulation by reducing the filling target to 80pc to alleviate immediate pressure on refilling costs. But he also noted governments should consider taking or continuing to take measures that can sustain injections or reduce gas and electricity demand. By Dafydd ab Iago Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
EEA includes EU CBAM in agreement
EEA includes EU CBAM in agreement
London, 28 September (Argus) — The European Economic Area (EEA) committee has now included the EU's carbon border adjustment mechanism (CBAM) in the EEA agreement, enabling the scheme to apply in Norway and Iceland, the Norwegian government said. "CBAM is one step closer to coming into force in Norway," climate and environment minister Sigrun Aasland said. The country's parliament in June adopted legislation to introduce CBAM. Norway aims to apply CBAM "in full" from 2027, it said, which would require importers to submit their first declarations in 2028 for goods imported in 2027. The Icelandic parliament must still approve the incorporation before CBAM can take effect there. The measure is being taken as "quickly as possible", the government said, adding that it is in close contact with Iceland's authorities. The EU fully launched CBAM at the start of this year. The mechanism imposes a carbon price on certain goods imported to the bloc in the cement, aluminium, fertiliser, iron and steel, hydrogen and electricity sectors. It aims to tackle carbon leakage, whereby firms relocate to avoid carbon costs or more carbon-intensive imports displace EU products. Norway, along with fellow EEA countries Iceland and Liechtenstein, is subject to carbon costs in CBAM sectors under the EU emissions trading system. By Kiara Campagne Nieva Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Brazilian producers call for bunker biofuel mandate
Brazilian producers call for bunker biofuel mandate
Sao Paulo, 25 September (Argus) — Brazilian bioenergy companies have demanded that hydrocarbons regulator ANP introduce mandatory biodiesel blending in conventional marine fuels from 2027. The ANP is developing new rules to bring the domestic bunker market closer in line with International Maritime Organization (IMO) requirements. Biodiesel producers' association Ubrabio presented the proposal at an ANP public hearing this week. It called for a 15pc biodiesel mandate in marine gasoil (MGO) from July 2027, rising to 20pc in January 2028 and 24pc in July 2028. Brazilian bioenergy producer Binatural estimates that a B15 mandate would create around 230mn liters/yr of biodiesel demand, increasing to about 368mn liters/yr under B24. ANP said it will consider the industry's proposals before issuing the final regulation, expected by the end of this year. ANP's original draft does not include mandatory blending. It would establish national specifications and storage requirements for marine biodiesel, hydrotreated vegetable oil (HVO), ethanol and gas-to-liquids fuels. The proposal would also allow suppliers to sell blends of up to B100 to shipowners without obtaining special authorization. Petrobras and Raízen are currently the only companies authorized to market marine biodiesel blends in Brazil, with blending capped at 24pc. The proposal also regulates ethanol bunkering in Brazil . By Gabriel Tassi Lara Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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