Global Scans · Decarbonization · Weekly Summary

• [New] CARB significantly tightened carbon intensity reduction targets to 30% by 2030 and 90% by 2045. JD Supra
• [New] £1.1bn for heat networks, which distribute heat from a central source, which could be a large heat pump or geothermal or other low-carbon source. Strutt & Parker - Rural Hub
• [New] The carbon capture and storage (CCS) lease, which runs until the completion of carbon injection (expected by the mid-2050s) will accompany the wider East Coast Cluster of onshore and offshore decarbonising infrastructure. Osborne Clarke
• [New] The Bintulu Industrial Cluster is advancing hydrogen production, carbon capture, and renewable energy projects, supported by the state-level Post COVID-19 Development Strategy 2030 and Sarawak Energy Transition Policy. / Malaysia The Economy
• [New] While the global conversation around climate change often focuses on costs and constraints, Southeast Asia's green transition in 2026 presents genuine economic opportunities-if governments and businesses approach decarbonization strategically rather than viewing it merely as compliance burden. The Economy
• [New] Companies should be given leeway to target net zero by 2050 based on emission cuts equating to up to 2 C of warming on a global scale, rather than 1.5 C. Energy in Demand - Sustainable Energy - Rod Janssen
• [New] CALSTART's Drive to Zero program is mobilizing fleets, manufacturers, and policymakers toward 100% new zero-emission commercial vehicles sales by 2040, with an interim target of 30% by 2030. CALSTART
• [New] The energy transition narrative has evolved beyond the early-2020s focus on decarbonization alone, shifting toward a more pragmatic emphasis on energy security, affordability, and industrial competitiveness. Morningstar, Inc.
• [New] EU Innovation Fund: As one of the world's largest funding programs for low-carbon technologies, it provides billions in grants to industrial-scale CCU projects that produce sustainable chemical building blocks. GlobeNewswire
• [New] A more aggressive decarbonization strategy involving stricter regulations on power plants would increase wholesale costs by US$ 412 billion, or 7%, through 2050. Mexico Business
• [New] Key drivers behind the growth of ESG and sustainable finance include: Climate Change and Environmental Risks: Increasing frequency of extreme weather events, carbon regulations, and global climate commitments have made environmental risks financially material. TradingView
• [New] To achieve carbon neutrality by 2050, abandon coal, oil and gas, and slow global warming, humanity must already begin transitioning to green energy. TV BRICS
• [New] Most countries around the world are already prepared to move towards carbon neutrality by 2050. TV BRICS
• We are at an exciting juncture with respect to SAF because ASEAN has an abundance of agricultural and forestry waste that could serve as low-cost feedstock, narrowing the premium between HEFA-derived SAF and jet fuel. ASEAN Main Portal
• The European Union's Fit for 55 initiative sets a target for 100% zero-emission urban bus sales by 2035, with an interim goal of a 90% reduction in emissions by 2030. Market Data Forecast
• Thanks to the Energy Dominance Financing Program (EDF) created under the Working Families Tax cut, the Energy Department will continue to sponsor the development of natural gas projects in the U.S.Expanding natural gas production will keep costs low for American households. Energy.gov
• The carbon dioxide removal industry - tied to biodiversity and nature-based solutions - could grow to $1.2 trillion by 2050. Council Fire
• Restoring the tax credits and adopting more ambitious climate and clean energy policies that nearly decarbonize the power sector by 2050 (the Low-Carbon Policy scenario) results in higher costs of $291 billion (12%) from 2026 to 2035 and $412 billion through 2050 compared with Current Policies. The Equation
• Major technology firms are making substantial investments in low-carbon infrastructure to fulfill their net-zero commitments by 2033, resulting in a rise in the use of Smart Glass and AI-enhanced Building Management Systems (BMS). datainsightsconsultancy

Last updated: 01 February 2026