POLL: EU ETS emissions seen down a record 14% in 2023
Verified emissions covered under the EU ETS likely fell by a record 14% year-over-year in 2023, according to a poll of 13 analysts.
Read MoreCanada-based offset developer hires European carbon market expert to head trading desk
A Canada-based offset project developer has hired a European carbon market expert to lead its trading desk.
Read MoreMajority of sustainability experts believe elections will weaken European Green Deal -survey
More than half of sustainability experts polled by a green think tank believe the Green Deal agenda might be weakened after the 2024 European Parliament elections, preliminary results showed.
Read MoreEU ministers agree to fewer agri rules with looser climate requirements
EU ministers welcomed potential new rules for the agriculture sector on Tuesday despite weak requirements for climate action, as farmers rioted outside in the streets of Brussels.
Read MoreCemex says emissions cuts allowing it to stretch surplus carbon allowance inventories beyond 2026
Cemex continues to cut its Scope 1 and 2 emissions, allowing it to stretch the length of time it can rely on its surplus of European carbon allowances, the cement-maker said on Tuesday.
Read MoreEuro Markets: EUAs drop back after two-month high on profit-taking, renewed short selling as gas falls
EU carbon prices ended Tuesday some 4.2% lower after an early increase to a new two-month high was followed by profit-taking and renewed short selling, while energy prices fell back after the previous session’s sharp gains which one analyst called “exaggerated”.
Read MoreCompliance with UN climate goal is “essential feature” of EU carbon removals law, experts say
Two prominent climate policy experts have taken issue with criticisms that the EU’s Carbon Removal Certification Framework risks leading to double counting towards UN climate targets, saying this is “an essential feature rather than a bug”.
Read MoreJust transition takes centre stage as EU countries debate 2040 climate goal
Concerns about social acceptance, industrial policy, and finance came to the fore on Monday as the EU’s 27 environment ministers debated the bloc’s 2040 climate target.
Read MoreEU nations praise ETS as tool to reach 2040 climate goals
Expanding the EU ETS to new sectors of the economy will help the European Union reach its climate targets for 2040, according to some of the 27 national ministers who exchanged views at at a meeting of the EU Council in Brussels on Monday.
Read MoreEU gives final green light to gas saving measures until April 2025
The Council of EU member states gave the final go ahead Monday to measures aiming to reduce gas demand by at least 15% compared to 2017-2022.
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