UK stands to gain from extending ETS to international maritime trips, smaller ships -think tank
The UK ETS Authority should expand the scope of the UK’s cap-and-trade scheme to cover more maritime voyages and a greater share of vessels, a think tank said in a blog post published on Tuesday.
Read MoreVCM REPORT: CORSIA carbon credit prices tumble amid political uncertainty, benchmark futures slide to 23-month low
Phase 1 CORSIA prices fell sharply again last week, with spot prices for the UN international aviation offsetting scheme bid slipping below $11, while futures contracts slipped to lows not seen for two years after a meeting of EU leaders raised doubts about demand.
Read MoreCDR MONTHLY: Over 1 mln CDR tonnes contracted in April as removals registry records best month on record
April saw around 1.14 million tonnes of durable carbon removals (CDR) contracted, with deals that saw JPMorgan Chase and Boeing add to their existing portfolios, while a registry focused solely on CDR saw record monthly issuances and retirements.
Read MoreEuro Markets: EUAs, UKAs refuse to budge as traders monitor British political drama
European carbon traders kept up their arm wrestle around the €75 mark, with the price moving up by a single cent amid extremely low liquidity, while the UK government was rocked by a key minister resigning, in what many consider to be the start of a push to oust sitting Prime Minister Keir Starmer, which could add risk to talks around linking the UK and EU carbon markets.
Read MoreEU greenhouse gas emissions up nearly 1% in final quarter of 2025
The EU economy’s estimated greenhouse gas emissions were up 0.9% in the fourth quarter of 2025, according to data published by the bloc’s official statistical office.
Read MoreAirline demand trails growth in CORSIA carbon credit supply, new analysis finds
New analysis has revealed a widening imbalance between the supply of carbon credits eligible under the aviation industry’s CORSIA offsetting scheme and still-limited airline demand.
Read MoreUK govt publishes CCUS funding results
The UK government has published key documents from recipients of grant funding from a programme designed to accelerate the deployment of carbon capture, usage, and storage (CCUS) technology.
Read MoreVCM REPORT: Mangrove carbon credits surge to record high
High-rated mangrove restoration credits surged to record highs last week amid an uptick in demand for quality nature-based units, while the Integrity Council for the Voluntary Carbon Market (ICVCM) said another standard body and another methodology met its Core Carbon Principles (CCP) bar.
Read MoreEuro Markets: EUAs up nearly 2% week-on-week as oil, gas strengthen
European carbon prices were flat in thin Friday trading to end the week 1.9% above last week’s settlement, as energy markets rose following reports of Iran and the US exchanging fire in the early hours of the morning.
Read MoreEuro Markets: EUAs and equities ease lower as markets wait for news from Iran-US peace negotiators
European carbon prices eased lower in line with losses for European equities on Thursday, with traders noting that the market had entered a holding pattern as it waited for news to filter out about negotiations between the US and Iran to end the war in the Middle East.
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