Brussels preparing changes to EU ETS registry fees
The European Commission is preparing to introduce a new fee system aimed at financing the EU ETS registry, which is being extended to cover new sectors of the economy.
Read MoreBRIEFING: EU aims to adopt carbon farming certification rules this year, official says
The European Commission on Wednesday confirmed its intention to adopt carbon farming certification methodologies before the end of the year and write them into law under the EU’s Carbon Removals and Carbon Farming (CRCF) regulation.
Read MoreEU’s 2040 climate target plan back on the agenda for Q1
After facing an extended delay until the summer, the EU’s legislative proposal for a 2040 climate target is back on the European Commission’s agenda for publication in Q1, according to official documents released on Wednesday.
Read MoreBrussels updates EU ETS registry rules to reflect carbon market extension
The European Commission put forward an update of registry rules for the EU’s Emissions Trading System (EU ETS), saying changes were needed to reflect the scheme’s extension to new sectors like shipping, road transport and buildings.
Read MoreBrussels urged to submit 2035 climate target to the UN “as soon as possible”
The EU has an obligation to submit a 2035 climate target to the UN “well before” the COP30 climate summit in November, said a senior European Parliament member from the ruling European People’s Party (EPP) – putting pressure on Brussels to deliver “as soon as possible”.
Read MoreEU risks falling short on its 2030 climate goal, warns European Commission’s in-house research arm
The EU is at risk of missing its 2030 climate goal of cutting net emissions 55% below 1990 levels, the European Commission’s Joint Research Centre (JRC) warned in a report that was quietly posted online just over a week ago.
Read MoreEU’s NDC stuck in limbo, pending agreement on 2040 climate target
The European Commission says its forthcoming 2040 climate plan will “inform” the bloc’s next Paris Agreement commitment for 2035, but questions persist on how the figure will be decided, as no method has yet been agreed or even discussed publicly.
Read MoreUncertainty as EU delays CO2 transport and storage package until 2026
Initially expected in 2025, the European Commission has decided to push back its regulatory package for CO2 transport and storage infrastructure until next year, causing uncertainty for carbon capture and storage (CCS) projects, the industry has said.
Read MoreBrussels sets out draft EU ETS financing rules for green jet fuels
The European Commission adopted a draft regulation on Thursday to calculate the annual price difference between sustainable aviation fuels (SAF) and fossil kerosene, so that airlines can obtain funding support from the EU’s Emissions Trading Scheme (EU ETS).
Read MoreEU’s 2040 climate target plan faces extended delay
The European Commission’s legislative proposal for a 2040 climate target plan, initially expected early in the year, is now slated for the second quarter of 2025, according to a leaked document suggesting the proposal could be put forward after the Polish presidential election in May.
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