Brussels to force gas suppliers to disclose CO2 content in EU gas bills – leaked document
EU gas suppliers may soon have to disclose the share of renewable and low carbon gas they sell within each member state and in total, as well as the carbon footprint for gas sold over the previous year, according to a leaked draft circulated on Monday.
Read MoreBrussels considers setting 2030 carbon removals goal -leaked document
Brussels is considering setting an EU goal to permanently remove 5 MtCO2 a year from the atmosphere by 2030 as part of a wider strategy to develop carbon removals solutions, according to a leaked draft of a European Commission document.
Read MoreEU plans for a new carbon market reignite concerns over public backlash
EU proposals for a new ETS for buildings and transport risk sparking a new wave of populism and further breaking up the bloc’s political landscape, experts warned this week as lawmakers get to grips with the plans.
Read MoreEU watchdog finds no proof of carbon market abuse -preliminary report
The EU’s securities market regulator ESMA has found no evidence of anti-competitive trading behaviour in the bloc’s carbon market, it said in a preliminary assessment published late Thursday at the request of member states.
Read MoreCountries unlikely to raise GHG pledges next year amid muted pressure -experts
Countries are unlikely to raise the ambition of their Paris Agreement emissions pledges by next year, with richer nations already dismissing the idea and emerging economies not under enough pressure to do more, experts said on Tuesday.
Read MoreCOP26: ANALYSIS – Opposition to EU’s border measures eases as ‘penny drops’, but tough road lies ahead
Countries facing exposure to the EU’s planned carbon border adjustment mechanism (CBAM) are progressively easing their opposition as they envisage laying out comparable policies to avert carbon leakage, but the bloc still faces a difficult challenge in implementing and defending the divisive measure or selling it to its major trading partners.
Read MoreCOP26: Ukraine grapples with carbon pricing as pledges risk running hollow
The launch of a Ukrainian carbon market appears uncertain as the country examines several options to put an adequate price on emissions while averting political opposition and the EU’s border measures.
Read MoreCOP26: US envoy Kerry praises breakthrough deals as “genuine progress”, not distraction
US climate envoy and COP veteran John Kerry gave assurances on Friday that the wave of climate commitments announced during the first week at the Glasgow UN conference will result in “real money being put on the table” and allow for concrete action to avoid catastrophic climate change.
Read MoreCOP26: Poland keeps 2049 coal exit date despite pledge, market projections
Poland’s climate minister Anna Moskwa on Thursday confirmed that her country has no intention to bring forward its 2049 coal exit date despite signing on to a global pledge to consign the fuel to history.
Read MoreCOP26: Paris target within reach as Glasgow pledges chart path to 1.8C of warming –IEA
The world is on track to limit warming to 1.8C this century as updated national pledges and joint commitments to slash methane emissions ratchet down GHG projections, the IEA said on Thursday, the first time the Paris Agreement goal has come within reach.
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