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Marton Kruppa

@martonkruppa.bsky.social
88 followers 79 following 65 posts

Carbon market reporter at Quantum Commodity Intelligence. Formerly @reuters, Point Carbon. Tweets my own, RT≠endorsement www.qcintel.com

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Marton Kruppa @martonkruppa.bsky.social · 01/04/2026
Sunlight travels 93 million miles to reach the earth. None of them through the Strait of Hormuz billmckibben.substack.com/p/sunlight-t...
billmckibben.substack.com
Sunlight travels 93 million miles to reach the earth
None of them through the Strait of Hormuz
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Marton Kruppa @martonkruppa.bsky.social · 12/12/2025
COPs were a backwater of diplomacy until 2007, after that they have gone mainstream: @alisterdoyle.bsky.social medium.com/@alisterdoyl...
medium.com
Paris Agreement 10-year report card:“must try harder”
Ten years ago, U.N. Secretary-General Ban ki-Moon was in a strangely relaxed mood hours before the Paris climate agreement was struck
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Marton Kruppa @martonkruppa.bsky.social · 03/12/2025
Government participation lends credibility and certainty www.reuters.com/sustainabili...
reuters.com
COP30: Momentum grows behind carbon markets as a climate solution
Reading the text of the final deal at COP30, which was agreed on Saturday after more than two weeks of talks in Belém, it would be easy to miss the role of the carbon markets in the fight against clim...
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Marton Kruppa @martonkruppa.bsky.social · 01/12/2025
“Just like people feel empathy for Anna Karenina or Ned Stark despite knowing they are fictional characters, they can also feel aroused by virtual model” www.economist.com/internationa...
economist.com
AI is upending the porn industry
Synthetic smut will soon be flooding the internet, bringing new opportunities and perils
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Marton Kruppa @martonkruppa.bsky.social · 24/11/2025
Challenges were likely not made easier by picking a company name that echoed Star Wars’ “Project Stardust” — the codename the bad guys in the Galactic Empire used for the Death Star www.politico.com/news/magazin...
politico.com
The Strange and Totally Real Plan to Blot Out the Sun and Reverse Global Warming
A 25-person startup is developing technology to block the sun and turn down the planet’s thermostat. The stakes are huge — and the company and its critics say regulations need to catch up.
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Marton Kruppa @martonkruppa.bsky.social · 13/11/2025
A debate over carbon permanence – how long CO2 must stay stored to count towards offsetting emissions – is reshaping global carbon markets and could determine whether nature remains investable www.forbes.com/sites/felici...
forbes.com
New UN Carbon Market Rules Could Reshape How Investors Value Nature
New UN carbon market rules will influence how trillions in climate finance are valued, reshaping corporate strategies and the future of nature-based assets.
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Marton Kruppa @martonkruppa.bsky.social · 09/11/2025
Tropical Forest Forever Facility doesn’t pay the farmer not to cut; it finances the state’s political will to police itself. “The TFFF isn’t for the farmer; it’s for the finance minister” www.forestsnews.org/152894/the-u...
forestsnews.org
The $4 Misunderstanding: Why the TFFF isn't only about the money
As the global community gears up for COP30 in Belém, all eyes are on the host’s flagship proposal: the Tropical Forest Forever Facility (TFFF) – a Brazilian-led initiative that could redefine climate ...
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Marton Kruppa @martonkruppa.bsky.social · 01/10/2025
Voluntary carbon market contribution claims are not (yet) very attractive for buyers. They look too much like charity - for which funds are limited: report www.tandfonline.com/doi/full/10....
tandfonline.com
Ensuring environmental integrity of voluntary carbon market claims: understanding and framing VCM contribution claims
The notion of Contribution claims in voluntary carbon markets (VCM) is a relatively novel concept that builds on but differs materially from existing offsetting claims by veering away from the elem...
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Marton Kruppa @martonkruppa.bsky.social · 23/09/2025
“It's the greatest con job ever perpetrated on the world, in my opinion. All of these predictions made by the UN and many others, often for bad reasons, were wrong”: Trump www.reuters.com/sustainabili...
reuters.com
Trump tells UN that climate change is a 'con job'
President Donald Trump dismissed climate change as “the greatest con job” in the world during his address to the United Nations General Assembly on Tuesday, doubling down on his skepticism of global environmental initiatives and multilateral institutions.
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Marton Kruppa @martonkruppa.bsky.social · 23/09/2025
Without UN climate cooperation, we were heading for +5C of heating – an impossible future. Today we are closer to +3 degrees. Still too high – but bending the curve. Later this year we will see how much closer the next round of plans gets us to +1.5: UNFCCC chief unfccc.int/news/un-clim...
unfccc.int
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Marton Kruppa @martonkruppa.bsky.social · 04/09/2025
EU is considering measures including a system under which CBAM goods are given a fixed CO2 emissions value per country or per company rather than calculating specific emissions per shipment ca.news.yahoo.com/eu-drafting-...
ca.news.yahoo.com
EU drafting plans to prevent circumvention of carbon border tariff
BRUSSELS (Reuters) -The European Commission will propose measures this year to prevent countries from dodging its carbon border tariff, a Commission spokesperson said, as some in Brussels fear Chinese...
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Marton Kruppa @martonkruppa.bsky.social · 04/09/2025
Brazil wants to use the COP30 presidency to push for a different international carbon pricing framework — one based on multilateral agreement, rather than with the EU as the de facto sole standard-setter #CBAM www.ft.com/content/21b8...
ft.com
Talk of a global carbon pricing scheme grows louder ahead of COP30
Brazil wants to use the presidency to push for an international framework
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Marton Kruppa @martonkruppa.bsky.social · 26/08/2025
AI's per-prompt energy impact is equivalent to watching TV for less than 9 seconds. Google says that energy and total carbon footprint of the median Gemini Apps text prompt dropped by 33x and 44x, respectively over the past 12 months cloud.google.com/blog/product...
cloud.google.com
Measuring the environmental impact of AI inference | Google Cloud Blog
A methodology for measuring the energy, emissions, and water impact of Gemini prompts shines a light on the environmental impact of AI inference.
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Marton Kruppa @martonkruppa.bsky.social · 05/08/2025
“Climate change is a challenge – not a catastrophe": US energy secretary Chris Wright www.theguardian.com/us-news/2025...
theguardian.com
Scientists slam Trump administration climate report as a ‘farce’ full of misinformation
Experts say the report being used to justify the mass rollback of climate regulations has many claims based on long-debunked research
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Marton Kruppa @martonkruppa.bsky.social · 05/08/2025
Few centrists openly question the fundamental importance of fighting climate change, as many on the hard right do. But they are trimming their sails regardless—quite dramatically so, in Friedrich Merz’s case www.economist.com/briefing/202...
economist.com
The humbling of green Europe
Europe’s hard right is pushing the continent’s climate consensus hard. The response so far is tepid
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Marton Kruppa @martonkruppa.bsky.social · 29/07/2025
Energy transition is considerably more advanced than its detractors would like us to believe: Liebreich about.bnef.com/insights/cle...
about.bnef.com
Liebreich: The Pragmatic Climate Reset - Part I | BloombergNEF
As the tide on clean energy turns, Michael Liebreich makes a strong case for a pragmatic climate reset.
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Marton Kruppa @martonkruppa.bsky.social · 23/06/2025
If AI is effectively applied in key impact areas - power, food, and mobility - the estimated emissions reductions “would outweigh increases from global power consumption of data centres and AI”: paper www.lse.ac.uk/granthaminst...
lse.ac.uk
New study finds AI could reduce global emissions annually by 3.2 to 5.4 billion tonnes of carbon-dioxide-equivalent by 2035 - Grantham Research Institute on climate change and the environment
AI advancements in power, transport and food consumption could reduce global emissions of greenhouse gases by 3.2 to 5.4 billion tonnes of carbon-dioxide-equivalent annually by 2035, according to new ...
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Marton Kruppa @martonkruppa.bsky.social · 22/05/2025
ETS2 prices will be felt in transport fuel costs especially in those countries where fuel taxes are low, such as Hungary, Poland, Spain, Germany and Italy. In these countries petrol and diesel prices are expected to rise between 11-14% in 2027 and 17-22% in 2030 as a result of the ETS2: Veyt
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Marton Kruppa @martonkruppa.bsky.social · 22/05/2025
While the EU’s road transport and heating emissions nudged down only 2% over the past 10 years, the cap of the bloc’s upcoming ETS2 is designed to force down emissions by 69% over the market's first 10 years: Veyt
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Marton Kruppa @martonkruppa.bsky.social · 22/05/2025
Hungarian oil group MOL is one of 44 oil and gas producers that the EU Commission requires to contribute to achieving the EU target of 50 million tonnes of annual CO2 injection capacity into geological CO2 storage sites by 2030. MOL needs to achieve 1.56m climate.ec.europa.eu/document/dow...
climate.ec.europa.eu
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Marton Kruppa @martonkruppa.bsky.social · 09/04/2025
"California punishes carbon use by adopting impossible caps on the amount of carbon businesses may use, all but forcing businesses to pay large sums to “trade” carbon credits to meet California’s radical requirements": White House www.whitehouse.gov/presidential...
whitehouse.gov
Protecting American Energy From State Overreach
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1.  Purpose.
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Marton Kruppa @martonkruppa.bsky.social · 08/04/2025
Fewer trees hugged, more data and coherent solutions: ex-HSBC Stuart Kirk www.ft.com/content/9b9c...
ft.com
Do financiers believe in sustainability or not?
They are either being weak or hypocritical in the face of the current backlash
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Marton Kruppa @martonkruppa.bsky.social · 19/03/2025
Draft @sciencebasedtargets.org standard revision means that SBTi members in 2030 could need around 2m tonnes of CDRs. It's not a game changing amount. But it's not nothing. It's roughly equivalent to having another Frontier or two enter the market: Isometric's Lukas May isometric.com/writing-arti...
isometric.com
SBTi’s Net-Zero Standard 2.0: What it means for Carbon Dioxide Removal
Interim targets could accelerate CDR demand and expand the buyer pool
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Marton Kruppa @martonkruppa.bsky.social · 19/03/2025
Amazon today launched a service offering partner companies the possibility to invest in "science-based carbon credits" sourced from 'reducing deforestation', 'restoring forests' and 'technological carbon removal' projects www.aboutamazon.com/news/sustain...
aboutamazon.com
Amazon launches a carbon credit service, enabling access to high-quality credits for qualified companies
Available through the Sustainability Exchange, this service will offer science-based carbon credits to suppliers, business customers, and Climate Pledge signatories.
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Marton Kruppa @martonkruppa.bsky.social · 14/03/2025
"We are driving a dagger straight into the heart of the climate change religion": US EPA head Lee Zeldin www.epa.gov/newsreleases...
epa.gov
EPA Launches Biggest Deregulatory Action in U.S. History | US EPA
EPA News Release: EPA Launches Biggest Deregulatory Action in U.S. History
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Marton Kruppa @martonkruppa.bsky.social · 12/03/2025
Logs are piled high in the cleared land which stretches more than 13km through the rainforest into Belém www.bbc.com/news/article...
bbc.com
Amazon rainforest cut down to build highway for COP climate summit
The infrastructure required to host climate talks in Belém is undermining the cause, campaigners say.
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Marton Kruppa @martonkruppa.bsky.social · 08/03/2025
Using a multitude of AI models in concert @cuspai.bsky.social is looking to generate gigantic, sponge-like molecules called ‘metal-organic frameworks’, or MOFs, that can remove CO2 from the air cleanly and cheaply via the @economist.com economist.com/science-and-...
economist.com
AI models are dreaming up the materials of the future
Better batteries, cleaner bioplastics and more powerful semiconductors await
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Marton Kruppa @martonkruppa.bsky.social · 04/03/2025
Silence risks damaging trust and could confuse consumers who have watched companies go from making frequent and enthusiastic pledges and disclosures to saying very little via @cocojournalist.bsky.social @oliviarudgard.bsky.social #greenwashing #greenhushing www.bloomberg.com/news/feature...
bloomberg.com
Trump’s Return Prompts Companies to Stifle Climate Talk With ‘Greenhushing’
Businesses that used to tout carbon-cutting are switching their message: “This isn’t a good time to put a red flag in front of the bull.”
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Marton Kruppa @martonkruppa.bsky.social · 03/03/2025
Magnitude of energy-transition costs = 5% a year of global GDP between now and 2050. If global South countries are largely exempted from these financial burdens, global North countries would have to spend 10% of annual GDP—for the US = >3X of defense spending www.foreignaffairs.com/united-state...
foreignaffairs.com
The Troubled Energy Transition
How to find a pragmatic path forward.
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Marton Kruppa @martonkruppa.bsky.social · 03/03/2025
At the moment, almost half the population of the developing world—three billion people—annually uses less electricity per capita than the average American refrigerator does: Daniel Yergin www.foreignaffairs.com/united-state...
foreignaffairs.com
The Troubled Energy Transition
How to find a pragmatic path forward.
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Marton Kruppa @martonkruppa.bsky.social · 27/02/2025
Up-front investment needed for the UK to reach net-zero is 73% smaller than thought in 2020, bringing the net cost down to just £108bn over 25 years (0.2% of GDP) via @carbonbrief.org www.carbonbrief.org/ccc-reducing...
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Marton Kruppa @martonkruppa.bsky.social · 27/02/2025
Giving up 2 doner kebabs’ worth of meat a week will be enough to keep the UK within safe climate limits by the end of the next decade www.theguardian.com/environment/...
theguardian.com
UK urged to act now on net zero – and skip two kebabs’ worth of meat a week
Climate Change Committee issues advice to government on meeting carbon emissions target by 2050
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Marton Kruppa @martonkruppa.bsky.social · 26/02/2025
Clean Industrial Deal will make our industry great. Not great again, but even greater than what it used to be: Teresa Ribera Europe knows how to reform itself. We don't have a chainsaw, OK, but we have competent people leading the charge: Stéphane Séjourné audiovisual.ec.europa.eu/en/video/I-2...
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Reposted by Marton Kruppa
Simon Evans @drsimevans.carbonbrief.org · 26/02/2025
NEW: Official advisers CCC say UK shld cut emissions 87% by 2040 ⚖️Net cost of net-zero 73% less than thought 💷Total cost to 2050 = £108bn (~£4bn/yr, 0.2% GDP) 🏡🚗H’hold energy/fuel bills to fall £1,400 🔌Electrification is key THREAD + charts www.carbonbrief.org/... 1/10
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Marton Kruppa @martonkruppa.bsky.social · 26/02/2025
The 2040 target “will be presented soon, but not as part of (Wednesday’s) Clean Industrial Deal package”: EU Commission www.politico.eu/article/comm...
politico.eu
Commission pushes EU’s 2040 climate law into spring
The 2040 target “will be presented soon,” said European Commission spokesperson.
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Marton Kruppa @martonkruppa.bsky.social · 26/02/2025
US airline United’s sustainable fuel investment vehicle has invested in US direct air capture developer Heirloom, and secured the right to procure up to 500,000 CO2 removal credits #DAC #CDR www.heirloomcarbon.com/news/acceler...
heirloomcarbon.com
Heirloom Blog - Working with United Sustainable Flight Fund to Accelerate Aviation’s Path to True Net Zero
Working with United Sustainable Flight Fund to Accelerate Aviation’s Path to True Net ZeroHeirloom has partnered with the United Airlines Ventures Sustainable Flight Fund to accelerate aviation’s path...
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Marton Kruppa @martonkruppa.bsky.social · 26/02/2025
5% of the world's "critical raw materials" are in Ukraine including 19m t of proven reserves of graphite (used to make batteries for electric vehicles), a third of all European lithium deposits (key component in current batteries). Titanium and rare earth metals as well www.bbc.com/news/article...
bbc.com
Ukraine official says terms of minerals deal agreed with US
Donald Trump says the deal would give Ukraine "the right to fight on" in its war with Russia.
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Marton Kruppa @martonkruppa.bsky.social · 25/02/2025
A less-connected world due to growing geopolitical tensions could make the fight against global warming <30% pricier in Western nations, but a restoration of energy trade between the EU and Russia could cut European cleaner power production costs by 20%: Goldman Sachs www.qcintel.com/carbon/artic...
qcintel.com
Deglobalisation to raise decarbonisation costs up to 30%: report
Search and filter all the latest news, prices and analysis for carbon offset markets from Quantum Commodity Intelligence.
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Marton Kruppa @martonkruppa.bsky.social · 25/02/2025
Global carbon markets can close the finance gap to reach Paris climate goals if host countries introduce nationwide holistic climate mitigation plans: report www.nature.com/articles/s44...
nature.com
Filling the climate finance gap: holistic approaches to mobilise private finance in developing economies - npj Climate Action
npj Climate Action - Filling the climate finance gap: holistic approaches to mobilise private finance in developing economies
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Marton Kruppa @martonkruppa.bsky.social · 23/02/2025
An earlier draft of the omnibus had included scrapping the so-called "double materiality" rule in the CSRD. The leaked section of the draft bill makes no mention of double materiality, however www.politico.eu/article/brus...
politico.eu
Brussels plans sweeping cuts to EU’s green rules, leaked bill reveals
Many businesses would be exempt from complying with sustainability reporting under the hotly anticipated omnibus proposal.
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Marton Kruppa @martonkruppa.bsky.social · 22/02/2025
UN's Green Climate Fund at its last meeting this week approved investments totalling $686.8 million for 11 projects in 42 countries. New projects include first-time single-country investments in Serbia aiming to enhance forest resilience @greenclimate.fund www.greenclimate.fund/boardroom/me...
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Marton Kruppa @martonkruppa.bsky.social · 21/02/2025
‪EU is on track to reduce its collective net GHG emissions by 49% under 1990 levels by 2030, 6%points short of its -55% Paris goal. And removals will only amount to 224-240m tCO2e vs the 310m t targeted level for 2030: @eea.europa.eu www.eea.europa.eu/en/newsroom/...
eea.europa.eu
Decisive measures needed to meet EU’s environmental, climate and sustainability objectives
Despite steady progress in key areas, the European Union is only partially on track to achieve the EU’s 2030 climate, environment and sustainability objectives, according to the latest monitoring repo...
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Marton Kruppa @martonkruppa.bsky.social · 21/02/2025
"Net Zero 2050 is a sinister goal. It's a terrible goal...The aggressive pursuit of it has not delivered any benefits, but it's delivered tremendous costs": US energy secretary Chris Wright www.reuters.com/world/us-ene...
reuters.com
US Energy Secretary attacks 'sinister' net zero goals, singling out Britain
U.S. Energy Secretary Chris Wright on Monday called a pledge to achieve net zero carbon emissions by 2050 a "sinister goal", and criticised the British government's attempts to hit clean energy targets.
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Marton Kruppa @martonkruppa.bsky.social · 21/02/2025
Full return of Russian gas supplies might crush prices, meaning that many drillers in the US would become unprofitable. But Trump would very much like a Nobel peace prize - the return of some Russian gas as part of a peace deal might seem like a price worth paying www.economist.com/finance-and-...
economist.com
Will Europe return to Putin’s gas?
A deal with the devil would boost the continent’s miserable economy
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Marton Kruppa @martonkruppa.bsky.social · 21/02/2025
End to the Russia-Ukraine war could lead to a 0.5% rise in European GDP, with most of that coming from cheaper gas: Goldman Sachs www.economist.com/finance-and-...
economist.com
Will Europe return to Putin’s gas?
A deal with the devil would boost the continent’s miserable economy
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Marton Kruppa @martonkruppa.bsky.social · 20/02/2025
In separate letters to the Commission, Spain and Italy urged Brussels not to weaken the due diligence law, which from 2027 will require companies to check human rights and environmental issues in their supply chains. via @kateabnett.bsky.social www.reuters.com/sustainabili...
reuters.com
EU countries split over whether to delay green reporting rules
The European Union's biggest economies are split over whether the bloc should weaken its sustainability reporting rules for companies, with Spain and Italy defending some rules that Germany and France want to delay, documents seen by Reuters showed.
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Marton Kruppa @martonkruppa.bsky.social · 20/02/2025
HSBC, Europe's largest bank, has delayed its 2030 climate target by 20ys, blaming the "insufficient pace" of the global energy transition which would make the bank too dependent on buying carbon offsets www.hsbc.com/investors/re...
hsbc.com
Annual Report | Results and announcements | HSBC Holdings plc
Find out about HSBC's performance for the most recent financial year along with our leadership's strategy and vision for the future.
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Marton Kruppa @martonkruppa.bsky.social · 15/02/2025
Selfie with @stockholmexergi.se’s power plant which will soon be turned into a #BECCS facility with 0.8m tonnes of CO2 removed per year, making it the EU’s largest engeneered CDR project
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Marton Kruppa @martonkruppa.bsky.social · 14/02/2025
In the 5ys since its inception, the European Green Deal has faced opposition and criticism from all sides. It has never, however, faced a serious prospect of being severely weakened or reversed — until now via @karlmathiesen.bsky.social and his team www.politico.eu/article/insi...
politico.eu
Inside the divided coalition coming for the Green Deal
Intentionally or not, concerned businesses, the ascendant far right and traditional conservatives are coming together to rewrite green rules.
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Marton Kruppa @martonkruppa.bsky.social · 14/02/2025
Shell's Energy Security Scenarios cover a +1.2-2.2°C global warming by 2100, far lower than the genuine concerns just a decade ago that the range extended beyond 4°C. Final temperature outcome rests to a large extent on the world’s success in deploying CO2 removals www.shell.com/news-and-ins...
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