EU warned against ‘electrification-only’ road to clean mobility
Electrification remains the cornerstone of EU road transport decarbonisation, but sidelining sustainable fuels risks slowing the transition, according to the European Roundtable on Climate Change and Sustainable Transition (ERCST).
Read MoreEU Commission unveils limited reform proposal of ETS Market Stability Reserve
The European Commission put forward a proposal on Wednesday to revise the Market Stability Reserve (MSR), a key instrument guiding the supply of permits in the bloc’s flagship Emissions Trading System (ETS), opting only to scrap an invalidation clause that permanently removes excess allowances from the market’s buffer pool.
Read MoreEU urged to crack down on ‘opaque’ national ETS revenue spending
The chair of the European Parliament’s environment committee has called for greater transparency on how revenues from the EU’s Emissions Trading System (ETS) are spent at national level, warning that half of the bloc’s countries currently channel the money directly to their general budget, making traceability impossible.
Read MoreNine EU states urge overhaul of forest role in post-2030 climate policy
Nine EU countries have urged Brussels to overhaul how forests are treated in the bloc’s post-2030 climate policy, warning that rigid carbon sink targets risk penalising active forest management, which includes thinning and selective harvesting to improve forest resilience.
Read MoreOil and gas majors face 7-Mt delivery gap on EU’s CO2 storage target, report finds
The EU’s obligation on oil and gas companies to provide 50 million tonnes of CO2 storage capacity each year as of 2030 is already driving project development, but weak enforcement at national levels threatens the bloc’s objective, according to a new tracker released on Tuesday.
Read MoreGlobal steel majors have “barely started” transition to net zero, finds new scorecard
None of the world’s major steelmakers are currently ready to transition to near-zero-emissions production, with fresh investments in coal-based blast furnaces and minimal progress on “green iron” leaving the sector far off a Paris-aligned pathway, according to a new assessment released Tuesday.
Read MoreEU grants truckmakers extra leeway to meet 2030 CO2 targets
EU member states on Monday signed off on a tweak to the bloc’s CO2 standards for heavy-duty vehicles, giving manufacturers extra leeway to bank emission credits ahead of a major tightening of climate rules in 2030.
Read MoreBRIEFING: Waste incinerators face potential EU ETS inclusion from 2030 “at the earliest”
The European Commission is weighing three options to tackle CO2 emissions from municipal waste incinerators, with a potential inclusion in the EU’s Emissions Trading System (ETS) not envisaged until 2030 “at the earliest”, a senior EU official has said.
Read MoreReform proposals of EU ETS supply reserve and free allocation benchmarks confirmed for Apr. 1
The European Commission will propose changes to the Market Stability Reserve (MSR) in the EU’s Emissions Trading System (ETS) on Apr. 1, two officials told Carbon Pulse, saying the plan will be presented alongside updated benchmarks steering the allocation of free CO2 permits to industry.
Read MoreEU’s Industrial Accelerator Act risks “missed opportunity” on low‑carbon steel, think tank warns
The EU risks missing an opportunity to create lead markets for low‑carbon steel and other materials under its Industrial Accelerator Act (IAA) unless the proposal is reinforced with tougher standards and assigned dedicated funding, a German climate think tank has said.
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