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Policy & financeAugust 11, 2026

ExxonMobil Challenges EU Carbon Storage Mandates In International Dispute

Oil giant ExxonMobil has filed an investor-state dispute settlement (ISDS) notice against the European Commission, challenging mandatory carbon storage requirements. This dispute highlights tensions between major energy corporations and EU climate regulation. The case tests the emerging policy framework around carbon capture and storage mandates in Europe.

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New OGCI Report Highlights Policy Gaps In Asia-Pacific Carbon Capture

The Oil and Gas Climate Initiative (OGCI) released a new study titled 'CCS in the Asia-Pacific Region' analyzing regulatory and policy challenges surrounding carbon capture and storage (CCS) technology deployment in the region. The report identifies critical gaps in policy frameworks hindering adoption of these essential solutions. The analysis provides recommendations to accelerate CCS infrastructure development across Asia-Pacific.

Green Earth Locks In $4.8M Of Future Sales From Uganda Project

Green Earth, a nature-based solutions firm, has signed a long-term agreement to sell carbon credits from a Uganda project. The deal locks in substantial future revenue and reflects growing demand for high-quality carbon credits from nature-based projects. This agreement represents significant progress in funding ecosystem-based carbon removal solutions.

Equitable Earth Welcomes New Technical Advisory Board

Equitable Earth, the global standard for conservation and restoration projects on carbon markets, has announced its new technical advisory board. This strengthened governance aims to improve the integrity and credibility of nature-based carbon projects. Enhanced validation capacity contributes to the robustness of carbon market mechanisms.