Green steelmakers urge EU to hold line on ETS as rivals seek carbon freeze
Green steelmakers have urged the European Union to resist calls for freezing the bloc’s Emissions Trading System (ETS), warning that weakening the carbon market would undermine investment in low-carbon steelmaking.
Read MoreEU methane rules not to blame for gas price spikes, analysts say
A new analysis by Rystad Energy has found no evidence that the European Union’s methane rules are contributing to current oil and gas price increases or supply pressures, attributing market volatility instead to geopolitical disruptions.
Read MoreCorporate giants urge electrification push to shield Europe from fossil fuel shocks
More than 100 companies, including multinationals such as Ikea, Unilever, Siemens, and EDF, issued a statement on Monday urging governments to put electrification at the heart of economic and industrial policy, warning that continued reliance on fossil fuels is driving volatility and higher costs.
Read MoreGermany leads Europe’s 2025 heat pump surge as EU readies ETS2 launch
Heat pump deployment rebounded across Europe in 2025, led by Germany, paving the way for a smoother launch of the EU’s upcoming Emissions Trading System for road transport and heating fuels (ETS2), according to new market data published on Monday.
Read MoreEU warned against rushed return to international carbon credits
The European Union risks repeating the mistakes of the Kyoto Protocol as it moves to reintegrate international carbon credits into its climate policy, a Brussels-based think tank has warned, amid growing calls to include next-generation credits in the EU carbon market.
Read MoreClean aviation firms urge Brussels to extend EU ETS to long‑haul flights
A coalition of European clean aviation technology firms has urged the European Commission to extend the EU’s Emissions Trading System (ETS) to international flights, directly challenging an earlier push by major airlines and six EU governments to curb or delay higher carbon charges on the sector.
Read MorePREVIEW: EU summit to vent “discontent” over carbon market overhaul
European Union leaders are expected to air ongoing “discontent” at a summit on Thursday over the European Commission’s handling of a major overhaul of the bloc’s carbon market, after Italian Prime Minister Giorgia Meloni accused Brussels of ignoring political guidance agreed at a March summit, an EU diplomat said.
Read MoreEXCLUSIVE: European emitters boost shareholder payouts while receiving free EU carbon permits, data shows
Big European steel and petrochemical firms benefiting from free EU carbon allowances have channelled billions of euros into share buybacks since 2022 while scaling back green investments, according to data compiled for Carbon Pulse ahead of a crunch summit this week.
Read MoreUK, Belgium ink landmark deal to open cross-border CO2 storage route
Belgium and the UK have signed a memorandum of understanding (MoU) under the London Protocol to enable the cross-border transport and permanent storage of Belgian industrial CO2 in UK offshore storage sites, in what industry body CCSA hailed as a major step toward a Europe‑wide carbon storage market.
Read MoreBRIEFING: EU eyes ‘Governance 2.0’ to turn national climate plans into investment roadmaps
The European Commission is preparing a major overhaul of the EU’s energy and climate governance rules, aiming to turn national planning from a reporting exercise into what officials described as “credible investment roadmaps” for the post-2030 energy transition.
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