Report

The Navigator, October 2025 Edition

Explore the October 2025 Navigator: Insights on FEOC rules, Germany’s CDR procurement, biodiversity credits, Europe’s ETS, and scope 2 updates.

By continuing, you are agreeing to the Relae Terms of Service and Privacy Policy. You will also join our mailing list for marketing updates.

Oops! Something went wrong while submitting the form.

Insights to navigate rapidly evolving carbon markets

This quarter: US policy changes disrupt clean energy, Germany launches national carbon dioxide removal (CDR) procurement, and Europe advances its emissions trading system (ETS) and scope 2 rules, major shifts that together are reshaping global markets.

What's Inside

  • FEOC rules may slow US project timelines and raise costs
  • Germany’s procurement could set a global precedent for CDR
  • Europe’s ETS expansion signals convergence with voluntary markets
  • Biodiversity is core to nature-based CDR but needs better measurement

‍

Authors
Rory Jacobson
Head of Policy
As Head of Policy at Relae, Rory leverages his background to design and analyze the impact of energy and agricultural policy from the global scale to project-level. Rory brings extensive expertise on state, national, and international emissions and energy policies to guide successful project investment and ensure regulatory compliance across the carbon management ecosystem.
Thaddeus Woody
Policy Analyst
As a Policy Analyst for Relae, Thad helps our clients navigate the complicated and ever-changing world of regulations and tax incentives. Thad brings a wealth of energy, environment, and climate policy experience from his service at the Department of Energy and as a Legislative Director to a Member of Congress.
Sarah Federman, PhD
Vice President
,
Natural Capital
Sarah leads Relae's Natural Capital group. Sarah and her team work with clients to build equitable and rigorous decarbonization strategies focused on ecological resilience, biodiversity, and agricultural sustainability across food, fuel, and fiber value chains.
Shelby Walsh
Senior Carbon Accounting Specialist
As a Sr. Carbon Accounting Specialist at Relae, Shelby works with clients to measure, track, and reduce their emissions over time. Shelby helps guide software development to produce more consistent and accurate carbon footprints, ensuring that these tools effectively reflect and support strategic emission reduction decisions.
Patti Smith
Julia Millot
Senior Manager
,
Power Decarbonization
Julia advises clients on how to design and optimize power portfolios through predictive analytics, technology diligence, and grid modeling.
Chimdi Obienu
Advisor
,
Climate Policy and Markets
As a Climate Policy and Markets Advisor, Chimdi helps the Relae team and clients understand the implications of evolving carbon management and clean fuel policies. He assesses the risks and opportunities created by these policies, from compliance costs to certification requirements underpinning market access for low carbon products.