EU’s projected fuel price increase from ETS2 ‘optimistic’, refiners say
Motorists should brace for higher fuel prices at the pump than initially foreseen when the EU fully applies its Emissions Trading Scheme (EU ETS) to road transport and heating fuels in 2027, the EU’s refiners association told Carbon Pulse in an exclusive interview.
Read MoreDenmark ‘very concerned’ about draft EU aviation climate reporting rules
Denmark has written to the European Commission to express concerns about draft EU aviation emissions reporting rules, saying the text fails to properly take non-CO2 emissions into account, as requested under the EU ETS.
Read More26 EU countries reprimanded for delay in ETS2 implementation
All EU countries – except Austria – have failed to meet a June 30 deadline to implement the provisions of the EU’s Emissions Trading System related to the pricing of CO2 emissions from road transport and heating fuels, known as ETS2.
Read MoreFood giants come out in defence of EU’s anti-deforestation law
Chocolate makers Nestle, Mars Wrigley, and Ferrero have written to the European Commission to defend the EU’s anti-deforestation regulation amid calls to delay and revise the legislation to reduce bureaucracy for small farmers.
Read MoreSteelmakers throw weight behind EU power market reform to drive decarbonisation
The new ‘Clean Industrial Deal’ outlined by European Commission President Ursula von der Leyen last week should include a reform of EU electricity market rules, so that heavy industries can benefit from low-cost renewable and nuclear energy, EU trade association Eurofer told Carbon Pulse in an exclusive interview.
Read MoreNew EU Commission to focus on energy prices, industrial decarbonisation
The policy programme of the new European Commission is beginning to take shape after Ursula von der Leyen was confirmed in her role last week as the head of the EU executive for another five-year term, with a new electricity market reform on the horizon to enable deeper decarbonisation of industry.
Read MoreAsia driving global surge in electricity demand as EU industrial slump drags on -IEA
Global demand for electricity is on track to be among the highest in two decades this year, driven by EVs and a solar boom in China, while demand in Europe remains depressed in the aftermath of the 2022 energy crisis, according to the International Energy Agency (IEA).
Read MoreFEATURE: Enhanced weathering alliance seeks EU certification for carbon removals
The Enhanced Weathering Alliance (EWA) has denounced an “opaque” process for developing CO2 removal certification methodologies at EU level, calling on the European Commission to provide more clarity around timelines and deliverables.
Read MoreVon der Leyen wins EU Parliament vote, puts ‘new clean industrial deal’ at centre of second mandate
Ursula von der Leyen won the European Parliament’s backing on Thursday for a second mandate as EU Commission President, with a pledge to “stay the course” on climate policy and focus on implementing the Green Deal in the coming five years.
Read MoreEU’s renewable hydrogen goals ‘unlikely to be met’, auditors say
The European Union is unlikely to meet its 2030 goal for domestic production and import of renewable hydrogen, according to the European Court of Auditors (ECA), who are calling for “a reality check” on targets they describe as “overly ambitious”.
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