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Ambition focus as nations to fail new GHG goal deadline

  • Spanish Market: Emissions
  • 06/02/25

Most countries and major emitters that are party to the Paris Agreement will fail to meet a 10 February deadline for sharing new climate plans. Climate policy observers have stressed that higher ambitions beat timeliness when it comes to new 2035 greenhouse gas (GHG) emissions cut targets, but challenges abound ahead of the UN Cop 30 climate summit in Brazil.

Only 10 countries, including G20 members Brazil and the UK, have submitted new climate plans — or Nationally Determined Contributions (NDCs) — so far.

Around 200 countries and jurisdictions such as the EU have signed the Paris agreement. They need to submit their 2035 targets to the UN climate body UNFCCC by February as part of the so-called ratchet mechanism, which requires them to review and revise plans every five years.

"There have not been any signals that any major emitters will submit their NDCs before the deadline, but we may see a handful of smaller emitters trickling in," think-tank International Institute for Sustainable Development (IISD) energy policy advisor Natalie Jones said.

Non-profit the World Resources Institute (WRI) associate Jamal Srouji expects around 20 countries to submit by the deadline. But most climate plans should come in the second half of this year, with the UN general assembly in September emerging as a new potential milestone followed by Cop 30 in Belem, Brazil.

Countries missing their NDC deadline is not new. They were slow to submit plans in the previous 2020-21 round — although they were grappling with a pandemic — and after Cop 26, when it came to strengthening 2030 targets. Jones described the UNFCCC's non-enforceable February deadline as "arbitrary".

"It is much more important to have good quality plans than NDCs handed in on a forced deadline, although of course there is no guarantee that the plans that will come later will be necessarily better," Jones said. Srouji concurred: "Higher ambitions from major countries are far more critical because we know that we are off track for meeting the Paris goals".

US exit

The US submitted its new NDC in December under then president Joe Biden, knowing that the new president Donald Trump would pull out of the Paris accord again. This will take effect on 27 January next year.

It was important for the US to submit this NDC, Srouji said, as it will serve as "a guiding post" for what the country could achieve, at sub-national levels in particular. But the US' Paris exit could dampen momentum on global NDCs, with some fearing a spillover effect.

Indonesia, which earlier signalled it would submit by February, is unlikely to do so now, after the country's climate envoy Hashim Djojohadikusumo expressed discontent. "If America does not want to comply with international agreements, why should Indonesia comply?" he asked. Argentina pulled its delegation from Cop 29 last year and may consider leaving the Paris agreement.

Among other major emitters, Canada set a new 2035 climate goal in December. The country was planning to submit its new plan by February, but the resignation of prime minister Justin Trudeau and a new election due this year could put the country's climate ambitions at risk.

All eyes will of course be on China, the world's largest emitter, and whether it pledges stronger targets. The country is unlikely to submit its new plan by the deadline, according to observers.

Expectations are high, but "targets will likely fall short of achieving the 1.5°C goal, leaving much work to be done to accelerate emissions reduction," think tank Asia Society Policy Institute director Li Shuo said.

China signalled at Cop 29 that its NDC will be "economy-wide" and "cover all greenhouse gases", while continuing to strive to achieve carbon neutrality before 2060, without providing further details.

"There is a big question mark, in the absence of US leadership, if will we see China along with the EU engaging and stepping up, or if will we see the country retreating like the US," IISD's Jones said.

EU climate commissioner Wopke Hoekstra, who said the bloc's NDC will come in time for Cop 30, said that Europeans will need to show more leadership. But the EU's 2035 goal will be derived from its 2040 target and German MEP Peter Liese pointed to a deadlock in discussions. The European Commission has proposed a greenhouse gas (GHG) emissions reduction target of 90pc by 2040, from 1990 levels, which Poland said is "very difficult to accept".

Challenges

Cop 30 host Brazil, along with the UAE Cop 29 presidency, stuck to their promise of being early movers by submitting updated goals last year, although these were met with mixed reactions. Cop 29 host Azerbaijan did not submit a new NDC in Baku, with its president signalling challenges for some developing countries in establishing new plans.

Some southeast Asian countries have highlighted challenges in providing new targets, such as the lack of common models between sectors, financing and economic growth. Chile said that it will submit an emissions reduction plan by the middle of this year, as a draft document is under consultation.

There are many reasons for delays. "The UNFCCC timeline is not necessarily aligned with national decision-making processes and many developing countries face resource and capacity constraints," Srouji said, adding that parties are also expected to submit other documents such as adaptation plans and long term climate strategies.

The IEA can provide support on national energy transition plans. The energy watchdog has recently supported Uganda and Vietnam on transition plans, and is in the early stages of transition advisory work with Colombia and Tanzania, it said.

Colombia indicated that it will submit its NDC by June as the country seeks to address the "divisive issue" of fossil fuels, on which its economy is dependent.

Mixed bag

The climate plans submitted so far accounted for around 16pc of global emissions as of 5 February, including commitments from the UK and Brazil, according to WRI. IISD's Jones described the current NDCs as a "mixed bag", in terms of targets and the level of details, saying that the UK emerged as a leader with commitments on oil and gas licensing, while New Zealand has put forward a weak target and no plans.

The UK's plan sets out the government's manifesto pledge to phase out sales of new cars "relying solely on internal combustion engines" by 2030, and notes that it will consult on issuing no new oil and gas licences to explore new fields.

But none of the countries which posted new NDCs so far — apart from St Lucia — seem to have raised their 2030 targets, despite agreeing to "revisit and strengthen" them in the Cop 28's global stocktake (GST). How countries will respond to elements of GST — which also resulted in all parties agreeing to "transition away" from fossil fuels — will be a key issue to watch, especially after they failed to build on their commitments at Cop 29 in Baku.

"While NDCs may show progress on the commitments of the Paris agreement and the commitments of a lot of countries on climate action, it is not clear what they will deliver in terms of the ability to keep 1.5°C in reach", Srouji said. "This is how Cop 30 comes into play, to make sure countries respond adequately and keep on track, he said.

Countries GHG 2035 reduction targets
CountriesHeadline 2035 targetBaseline
UAECutting GHG emissions by 47pc by 20352019
Brazil Cutting GHG emissions by 59-67pc by 20352005
USCutting GHG emissions by 61-66pc by 20352005
UruguayCutting GHG emissions by 30pc by 20352020-22
SwitzerlandCutting GHGemissions by 65pc by 20351990
UKCutting GHG emissions by 81pc by 20351990
New ZealandCutting GHG emissions by 51-55pc by 20352005
AndorraCutting GHG emissions by 63pc by 20352005
EcuadorCutting GHG emissions by 7pc by 20352010
St LuciaCutting GHG emissions by 22pc in energy sector by 2035*2010
Canada**Cutting GHG emissionsby 45-50pc by 20352005
*conditional target
**Canada only submitted its headline target, not its NDC

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14/07/25

Trump amplifies attacks on renewable energy

Trump amplifies attacks on renewable energy

Washington, 14 July (Argus) — President Donald Trump is ratcheting up criticism of wind and solar projects he says are a "blight", adding uncertainty for investors deciding which projects can still move forward despite the coming end to most of the industry's clean energy tax credits. Trump mounted one of his most expansive attacks yet on the renewable sector last week. For years, Trump has detailed his disgust for wind farms he sees as unsightly and too expensive, whereas he said he was a "big fan of solar" in last year's presidential debate. But Trump's perspective appears to have shifted. He now believes large solar projects are hated by farmers, "very, very inefficient and very ugly too", and should no longer be built. "We don't want wind, and we don't want solar, because they're a blight on our country," Trump said during a cabinet meeting on 8 July. "They hurt our country very badly." That stance offers another troubling sign for investors in wind and solar projects hoping to qualify for the 45Y and 48E clean energy tax credits before they are terminated under Trump's recently signed tax and energy law . Trump already signed an executive order last week seeking a "strict" interpretation of the end of those tax credits, such that fewer projects will meet a safe harbor deadline that will arrive as soon as 31 December. The administration has other potential tools to undermine wind and solar projects, many of which are depending on new electric transmission lines to connect to load centers. Last week, US senator Josh Hawley (R-Arkansas) said he had received assurances from US energy secretary Chris Wright that the administration would be "putting a stop" to the 800-mile Grain Belt Express transmission line, which would connect wind farms in Kansas to the eastern US. Last month, Wright said he sees intermittent power sources as a "parasite on the grid". The Energy Department did not respond to a request for comment. The Energy Department, in a document released this month, indicated it did not plan to spend $383mn that had already been appropriated for wind and solar projects this fiscal year under a bipartisan funding law Trump signed, a unilateral spending reduction that US senator Patty Murray (D-Washington) and US representative Marcy Kaptur (D-Ohio) said was "outrageous" and unlawful. The Trump administration also temporarily halted construction of the fully permitted Empire Wind project off the coast of New York, before allowing work to continue in May. US interior secretary Doug Burgum last month said in congressional testimony that the administration was reviewing "all offshore wind projects" and said there was "no appetite" for adding more "intermittent, unreliable [power] to the grid." Threat to dominance Democrats say attempts to undermine wind and solar will be counterproductive to Trump's own priorities of "energy dominance" because they are among the limited types of projects that can be brought on line quickly. US utility executives and data center developers have said they are facing wait times of three years or more for delivery of turbines for gas-fired turbine, given a surge of global demand for electricity needed for artificial intelligence. "There's a backlog of gas turbines, and geothermal and nuclear takes many years. Nothing else is ready," US senator Brian Schatz (D-Hawaii) said in a social media post last week. "Republican energy policy is to create shortages because they think solar is liberal." Clean energy groups are hoping that Republican lawmakers will pay a political price for voting to cut clean energy tax credits through Trump's recently signed tax and energy law. The industry group Clean Energy for America last week said it launched a billboard advertising campaign that it said was targeted against seven House Republicans who voted for the law. "We're making it clear who is responsible when constituents lose their jobs and find that their monthly electricity bill is higher than they can afford," Clean Energy for America president Andrew Reagan said. By Chris Knight Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

DOE to halt wind transmission line: US senator


11/07/25
11/07/25

DOE to halt wind transmission line: US senator

Houston, 11 July (Argus) — President Donald Trump's administration has pledged to halt an 800-mile transmission line designed to deliver wind power from Kansas to eastern states, according to a US senator. US energy secretary Chris Wright has said he "will be putting a stop" to the Grain Belt Express transmission line, senator Josh Hawley (R-Missouri) said on Thursday via the X social media platform. Hawley has made repeated calls for the Department of Energy (DOE) to cancel a $4.9bn conditional loan awarded to the project in the waning days of former president Joe Biden's administration. The senator has called the project an "elitist land grab harming Missouri farmers and ranchers". Whether Wright pledged to rescind the loan or take other action to stop work on Grain Belt Express was not immediately clear from Hawley's statement. Neither the senator's office nor DOE immediately responded to requests for additional information. Hawley's statement is "bizarre", according to Invenergy, the Chicago-based developer behind the project. The company said that the transmission line has already received approvals from all four states that it will traverse, acquired 1,500 agreements with landowners tied to construction and announced "significant" supply chain agreements for materials sourced domestically. "Senator Hawley is attempting to kill the largest transmission infrastructure project in US history, which is already approved by four states and is aligned with the president's energy dominance agenda," the company said. The Grain Belt Express would deliver wind power from Kansas to converter stations in Missouri and Indiana, with the Missouri station connecting to grids overseen by the Associated Electric Cooperative and Midcontinent Independent System Operator (MISO), while the Indiana station links with the PJM Interconnection. Invenergy plans to build the project in two phases, with the first delivering 2,500MW into Missouri and the second ferrying another 2,500MW to the PJM region, which includes the District of Columbia and 13 states in the Midwest and mid-Atlantic. DOE in November 2024 awarded the project a conditional loan of up to $4.9bn to help finance the initial stage as part of Biden's larger push to decarbonize the electricity sector. Invenergy intends to start construction on the first phase next year. Ultimately, the line would supply 15mn MWh/yr to Missouri, with 60pc of the capacity allocated to MISO and the remainder to the Associated Electric Cooperative. Another 15mn MWh/yr would flow into the PJM markets. Altogether, the line would supply enough electricity to cover the demand of more than 2.8mn households. Landowner groups in Missouri have long targeted the Grain Belt Express, but have failed to stymie the project through a challenge to its use of eminent domain . Opponents have since continued their efforts against the project, and Missouri attorney general Andrew Bailey, a Republican, last week called on state utility regulators to rescind the line's permit on grounds that Invenergy relied on "deceptive" information to secure its approval. By Patrick Zemanek Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Indonesia’s Alfamart invests $1mn in UCO firm Noovoleum


11/07/25
11/07/25

Indonesia’s Alfamart invests $1mn in UCO firm Noovoleum

Singapore, 11 July (Argus) — Indonesian convenience store retail chain Alfamart said this week it has invested $1mn into Singapore-based used cooking oil (UCO) collector Noovoleum. Noovoleum — established in 2023 — automates UCO collection in Indonesian cities, including in Java, Sumatra and Bali, with their "UCOllect" boxes, of which there are 100. It collects about 100t of UCO a month, which is sold to domestic buyers such as UCO aggregators, said the company's chief investment officer Egis Rimkus. Citizens deposit UCO into the boxes, which have an in-built quality testing system. They will then receive cash via the "UCOllect" application, if the quality of the oil is accepted. The rate varies every month and is currently at 5,500 rupiah/litre ($0.34/litre). There are now boxes at 12 Alfamart outlets across Indonesia. The final use of the UCO is unconfirmed, but some could be processed into biodiesel, market participants said. Indonesia has halted exports of UCO since January. There have been recent attempts to export refined UCO under a HS code unaffected by the ban, but bulk volume trades have likely still not been successful, traders told Argus . Noovoleum is in advanced negotiations with possible partners in Malaysia, Thailand and Singapore in light of Indonesia's export halt, with at least one partnership to be launched this year, Rimkus added. Noovoleum also placed "UCOllect" boxes at 10 gas stations belonging to state-owned Indonesian refiner Pertamina last December. This was part of a pilot project between the two. Pertamina has been trialling sustainable aviation fuel (SAF) production since the second quarter of 2025 , but large-scale production of SAF and hydrotreated vegetable oil (HVO) is expected only in 2029 , the refiner said. By Sarah Giam Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Cercarbono launches ELV recycling carbon methodology


11/07/25
11/07/25

Cercarbono launches ELV recycling carbon methodology

Bangkok, 11 July (Argus) — Global environmental certification standard company Cercarbono announced a world-first methodology for generating carbon credits from end-of-life vehicle (ELV) recycling at the Asia Climate Summit in Bangkok on 9 July. The methodology establishes the criteria for quantifying greenhouse gas (GHG) emission reductions from the recovery and recycling of post-consumer materials in formal sector facilities. The methodology covers only post-consumer ELV materials, including metals, plastics and glass, recovered as raw materials that match the quality of virgin materials, the methodology documents show. Projects must comply with Cercarbono's additionality guidelines. It calculates emission reductions as the baseline production from virgin raw materials minus the project's production from recycled materials. Projects must also follow all legal, environmental, labour, health and safety regulations, apply Cercarbono's Safeguarding Principles and report contributions to the Sustainable Development Goals (SDGs) using the SDGtool assessment mechanism. Cercarbono and Mumbai-based Meta Materials Circular Market (MMCM) jointly developed the methodology. MMCM specialises in developing a digital ecosystem for the circular economy in the automotive industry. This innovative methodology will enable ELV recycling systems to benefit from carbon pricing, MMCM said. The initiative has the potential to unlock 10bn rupees ($116mn) in carbon funding over the next decade, MMCM chief executive Nitin Chitkara said. Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

US biofuel support clears way for new crush capacity


10/07/25
10/07/25

US biofuel support clears way for new crush capacity

New York, 10 July (Argus) — North American oilseed crushers told Argus that projects to increase processing capacity are on track for the next year, potentially enabling more renewable fuel production. After a difficult start to the year for biofuel producers, US policymakers are increasingly making clear that they want refiners to up their output in future years and rely more on domestic feedstocks like soybean oil. That could pave the way for more oilseed crush capacity to come online, after some facilities delayed or cancelled plans over the last year on stagnant demand. Companies confirmed to Argus that more than 620,000 bu/d of new soybean and canola crush capacity were on track to come online in North America in the next year, and other facilities that did not respond to requests for comment have plans in the coming years too. Greater vegetable oil supply also could at least partly address concerns from oil and biofuel refiners that Republicans' protectionist approach to biofuels threatens feedstock shortages and price spikes. A multi-seed crush facility under construction in Mitchell, South Dakota — which will be able to process up to 96,000 bu/d of soybeans — is scheduled to start up this October, South Dakota Soybean Processors chief executive Tom Kersting told Argus. US crush company Ag Processing similarly said that a new 137,000 bu/d soybean crush plant in David City, Nebraska, will open "later this year". In Canada, Cargill confirmed that a 121,000 bu/d canola processing plant in Regina, Saskatchewan is also on track to open this year. In the first half of next year, French agribusiness Louis Dreyfus said it plans to complete two major projects in North America. The company plans to open a 151,000 bu/d soybean crush plant in Upper Sandusky, Ohio, and to double capacity to more than 240,000 bu/d at a canola crush facility in Yorkton, Saskatchewan. US soybean oil futures have climbed by 12pc in the past month on recent policy shifts, providing more incentive for processors — already crushing more soybeans than ever before — to expand production. The US recently proposed record-high biofuel blend mandates for the next two years, projecting that domestic soybean oil production could increase by 250mn USG/yr. And President Donald Trump over the weekend signed legislation that retools a crucial US tax credit to increase subsidies for crop-based fuels. Canadian canola processors, which depend on US incentives because Canada's biofuel sector is far smaller, benefit less from some of these policy shifts. While US fuels made from Canadian feedstocks can still claim the tax incentive next year, the Trump administration has proposed halving credits generated under the biofuel blend mandate for fuels made from foreign feedstocks. That makes US soybean oil a far more attractive input for US refiners than Canadian canola oil. A Canadian farm cooperative earlier this year paused plans for a combined canola crush and renewable diesel plant in Regina, Saskatchewan, citing "regulatory and political uncertainty". And Bunge was vague about its plans for building the world's largest canola crush plant in the same city, which was initially envisioned to start up last year. The US-based agribusiness, which recently took over the project with its acquisition of Viterra, told Argus it was "focused on integration to ensure a smooth transition for our customers" and "may be able to provide an update in the near future". Even then, canola oil stands to benefit from increased demand from food companies if more US soybean oil is diverted to fuel markets. And despite recent struggles for other Canadian biorefineries, ExxonMobil subsidiary Imperial Oil has plans to soon open a 20,000 b/d renewable diesel plant in Alberta that will draw on canola oil. Canadian policymakers have taken steps to assuage local feedstock suppliers and refiners, including a domestic renewable fuel mandate in British Columbia and a proposed mandate in Ontario. Biofuel production and oilseed crush margins also will depend on interactions with other policies, including a temporary tax break through 2026 in the US for small biodiesel producers — historically more reliant on vegetable oils than more versatile renewable diesel plants — as well as low-carbon fuel standards in the US west coast region and Canada. The perennial risk for any company is that policy, especially around biofuels, often swings unexpectedly. By Cole Martin Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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