‘Over-protection and over-regulation’: Think tank issues scathing criticism of EU Green Claims Directive
With the Green Claims Directive, EU legislators seem to be mistakenly seeking to regulate the voluntary carbon market rather than laying down rules for companies to communicate their green credentials to consumers, according to a leading climate think tank.
Read MoreBusiness groups team up to develop CO2 pricing for building sector
Large industry associations have announced a new taskforce to develop a comprehensive carbon pricing strategy for the real estate sector, along a whole value chain perspective.
Read MoreAnnual ETS report highlights growing complexity of EU’s carbon pricing policies
The Emissions Trading Scheme (ETS), widely regarded as the crown jewel of the EU’s climate policy, is becoming more complex as new sectors are added and additional measures are taken to address the scheme’s socio-economic impact, according to a new report released today.
Read MoreEU’s truck CO2 emissions law clears final hurdle
EU countries on Monday signed off on a law aiming to cut the CO2 emissions of new heavy-duty vehicles by 90% as of 2040, concluding a legislative journey that began in February last year.
Read MoreEU-made batteries up to 62% less carbon-intensive than China’s -report
Onshoring the electric vehicle supply chain to Europe would cut the emissions of producing a battery by at least 37% compared to a China-controlled supply chain, with potential CO2 savings as high as 62% if renewable energy is used, according to a study released on Monday.
Read MoreEU passes law making carbon tracking obligatory for goods sold in Europe
The European Parliament gave its final green light on Tuesday to new ecodesign rules that will make it mandatory for companies to track and report about the carbon content of products placed on the EU market, alongside a range of other environmental footprint indicators.
Read MoreBRIEFING: Who are the small industrial emitters covered by the EU’s ETS2?
Small industrial emitters falling under the “other” sectors covered by the EU’s Emissions Trading System for road transport and heating fuels, ETS2, are typically German installations burning fossil gas in plants of less than 20 megawatts, analysts say.
Read MoreFEATURE: EU ETS2 success hinges largely on electric vehicles, analysts say
The EU’s Emissions Trading System for road transport and heating fuels, ETS2, is set to be dominated by the transport sector, with more than half of total emissions coming from cars, trucks, and vans that will rely heavily on electrification to decarbonise, analysts say.
Read MoreEurope’s LNG demand likely to peak in 2024, regulators say
Demand for liquefied natural gas (LNG) in Europe is likely to reach its peak this year due to structural demand reduction and decarbonisation policies, the EU’s energy regulators have said, adding to downward pressure on carbon prices in the short term.
Read MoreFEATURE: Europe accused of hijacking int’l carbon markets with removal certification
With its certification for emissions’ removals, the EU is moving to lock out international carbon credits to meet its own climate targets, at the expense of developing countries that are in direst need of green finance, critics say.
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