EU sees “no significant evidence” of evasion from maritime ETS, despite rising costs
A European Commission report taking stock of the extension of the EU’s Emissions Trading Scheme (ETS) to the maritime sector has detected “no significant evidence” of evasion or circumvention, despite an average 3.7% increase in overall shipping costs caused by the bloc’s carbon pricing scheme.
Read MoreEU Commission unveils action plan for next-generation clean steel
The European Commission unveiled its Steel and Metals Action Plan on Wednesday, aiming to protect steelmakers from unfair global competition while putting them on track to cut emissions down to net zero by 2050.
Read MoreGreen groups chart way forward for clean, competitive steel in Europe
Environmental groups have presented proposals to shore up and decarbonise the EU steel industry, ahead of the European Commission’s Steel and Metals Action Plan due to be published later on Wednesday.
Read MoreEU’s Industrial Decarbonisation Bank to consider CCS among other low-carbon technologies, official says
It’s too early to say which types of technologies will receive support under the European Commission’s upcoming Industrial Decarbonisation Bank, due in over a year, but the potential candidates include carbon capture and storage (CCS), an EU official said on Tuesday.
Read MorePower sector flags “major issues” with EU-UK electricity trade ahead of CBAM
Electricity producers have called on the European Commission to improve the EU’s Carbon Border Adjustment Mechanism (CBAM) before it starts applying next year, pointing to the risk of “double paying” CO2 charges when importing from the UK, and asking for “more realistic default values” to be applied when evaluating the emissions intensity of Britain’s electricity exports to Europe.
Read MoreGreen steel labelling will be a tricky task for EU, campaigners say
Steel used in construction, such as reinforcement bars, is fundamentally different from the high-quality flat steel needed in the automotive industry, which rules out a one-size-fits-all approach to CO2 labelling, environmentalists say.
Read MoreFEATURE: Cement makers jockey for EU’s upcoming carbon intensity label
The EU’s upcoming label for low-carbon cement, announced last month, has prompted contrasting reactions from industry players and environmental groups who shared their views and expectations with Carbon Pulse.
Read MoreEU announces Strategic Dialogue on chemicals to keep production in Europe, achieve decarbonisation
The European Commission on Wednesday announced it will launch a “strategic dialogue” with the EU chemicals industry later this month, acknowledging the crisis faced by the sector, which is coming under growing pressure to decarbonise at a time when the industry is facing “fierce and sometimes unfair competition” from China.
Read MoreGreen groups call for ‘lending facility’ funded by ETS2 revenues
A coalition of 29 environmental and business groups have called for a lending facility to be established under the upcoming EU Emissions Trading System for road transport and buildings (ETS2) in order to help EU countries finance clean heating and mobility solutions for low-income households.
Read MoreNordics hobbled by EU on Article 6 trade in carbon removal credits -study
Finland and Sweden have huge potential to generate carbon removal credits using forest-based biomass, but their ability to engage in international trades under Article 6 of the Paris Agreement is currently hampered by limitations in EU law, according to new research.
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