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- Mon 22:22Latin America's push to establish Article 6 frameworks gained added significance after the European Commission proposed allowing a limited volume of international credits into the EU ETS from 2036.
- Mon 21:51The US is "deeply concerned" about potential expansion of the EU Emissions Trading System (ETS), the State Department said on Monday after the bloc last week proposed extending its market to cover some longer-haul international flights.
- Mon 21:43Iraq’s state-owned carbon pricing company is in talks with aviation industry stakeholders to introduce a country-specific surcharge on plane tickets, according to a senior official.
- Mon 20:15Brussels has proposed that two additional North African ports be excluded from emissions obligation calculations for ships under the bloc's ETS, as part of draft rules published on Friday.
- Mon 15:58The European Commission proposal to hold off on extending the Emissions Trading System (ETS) to all international flights is a welcome sign of certainty for the UN's carbon offsetting scheme CORSIA – although ICAO, and market participants, worry the relief will be short-lived.
- Mon 13:24The European Commission's proposed overhaul of the EU Emissions Trading System (ETS) would create a prolonged glut of carbon allowances that risks suppressing prices, weakening investment signals, and putting the bloc's 2040 climate target in jeopardy, according to a new assessment by a German think tank.
- Mon 11:18ICE CORSIA Dec-26 futures continued their upward swing last week, rising to $12.50/t by the end of Friday, from $10 per tonne the previous week, as the European Union proposed to extend EU Emissions Trading System (ETS) coverage to some international flights while continuing “support for multilateralism” through a CORSIA cost deduction mechanism.
- Mon 11:00Scaled-up carbon crediting, which covers emissions reductions measured across entire jurisdictions or sectors, or linked to specific government policies, needs stronger safeguards as demand from aviation and Article 6 buyers grows, the OECD said in a report released Monday.
