FEATURE: EU weighs up its options on future inclusion of carbon removals in the ETS
The European Commission will issue a report by July 2026 on how to include carbon removals in the EU ETS, with experts ultimately supportive of the idea but warning of the risks it could pose.
Read MoreEU Parliament backs prior scrutiny for CO2 offsetting ads
Companies in the European Union will have to submit carbon offsetting claims for prior verification and approval by third-party certifiers before putting them in front of consumers or face hefty fines, according to draft EU rules voted on Tuesday.
Read MoreOnly 2% of EU’s Just Transition Fund spent so far -official
The European Union’s €17.5 billion Just Transition Fund, launched alongside the Green Deal to support regions most affected by the transition to climate neutrality, is currently in the doldrums with only 2% of payments made so far, a senior official has revealed, underscoring the bloc’s struggle to deal with the social aspects of the green transition.
Read MoreStudy outlines France’s strong potential for carbon removals
France has the capacity to diversify its carbon sinks and achieve climate neutrality, or even become net negative, before 2050, according to a new study published on Thursday.
Read MoreEU27 formally backs exit plan from controversial Energy Charter Treaty
The Council of EU member states on Thursday backed a compromise proposal by the Belgian EU Presidency laying out a procedure for the bloc to quit the 1990s Energy Charter Treaty, which has attracted criticism from EU governments for hampering attempts to phase out fossil fuels.
Read MoreFEATURE: EU’s carbon removal certification law paves way for negative emissions in waste-to-energy sector
The waste-to-energy sector welcomed a political agreement last month on the EU’s Carbon Removal Certification Framework (CRCF), saying the first incinerators fitted with carbon capture technology could see the light as soon as 2028-29, after their inclusion in the EU ETS.
Read MoreEU ban on carbon offsetting claims to start applying in two years
The EU fired the starting gun on Wednesday on a two-year period to implement its new directive on Empowering Consumers in the Green Transition (ECGT), which for the first time bans ‘climate neutral’ claims based solely on carbon offsetting schemes.
Read MoreTrouble ahead for solar industry as EU reaches deal to ban products made from forced labour
The European solar industry is in for a reshuffle – and potential delays in meeting EU targets – after legislators agreed on Tuesday to ban products made from forced labour, which is slated to disrupt supplies coming from China.
Read MoreLawmakers greenlight plans to harmonise EU carbon accounting rules for transport
Members of the European Parliament gave the thumbs up Monday evening to draft plans for harmonising the way transport emissions are counted in the EU, with a final agreement with member states not expected until after the June European elections.
Read MoreEconomists pitch CBAM update focused only on carbon leakage
A group of economists has put forward ideas to revise the EU’s Carbon Border Adjustment Mechanism (CBAM), arguing the law could be simplified by focusing only on preventing ‘carbon leakage’ across the entire economy rather than addressing specific sectors for which carbon emissions data may be hard to come by.
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