Shipping industry still in ‘wait and see’ mode on decarbonisation, finds report
The shipping sector’s newly agreed mid-term policy measures create a strong basis for long-term decarbonisation, yet the industry is still in “wait and see” mode when it comes to investing in emission-reducing technologies, according to a report by a clean shipping coalition.
Read MoreEU member states approve CBAM simplification proposal
The EU’s 27 member states on Tuesday agreed their joint position on proposals to simplify the bloc’s Carbon Border Adjustment Mechanism (CBAM), paving the way for talks to finalise the adoption of the legislation before summer.
Read MoreEU business investors voice support for 90% emissions reduction target by 2040
A group of business and investor leaders have written to the European Commission urging it to adopt a 90% emission reduction target for 2040.
Read MoreEU must widen CBAM scope for it to be effective, says think tank
To ensure it works effectively, the EU’s Carbon Border Adjustment Mechanism (CBAM) needs to be extended to other sectors such as chemicals, as well as across the supply chain of the goods that are currently in the scheme, according to a non-profit think tank.
Read MoreState-funded switch to electric vehicles could soften ETS2 impact -analysis
Subsidised leasing could enable up to 3 million households on low or modest incomes to switch to electric vehicles by 2032, softening the impact of any potential price rises of fuel caused by the introduction of the EU’s emission trading system for heating and transport in 2027 (ETS2), according to new analysis published on Monday.
Read MoreLargest party in EU parliament requests to push back final Green Claims talks
The largest political party in the European Parliament, the European People’s Party (EPP), is pushing to delay final talks on the Green Claims Directive (GCD), currently slated for June 10, according to multiple sources close to the file.
Read MoreEU leans towards allowing offsets in Green Claims, without limits to residual emissions -sources
EU co-legislators broadly agree not to limit carbon offsetting to residual emissions in the Green Claims Directive, but to instead allow companies to offset while simultaneously reducing emissions, sources close to the file have told Carbon Pulse.
Read MoreCBAM simplification law sails through European Parliament vote
The European Parliament on Thursday voted overwhelmingly in support of simplifying the EU’s Carbon Border Adjustment Mechanism (CBAM), paving the way for talks with EU member states to finalise the law before the summer.
Read MoreDemand for EU-certified carbon farming credits hinges on Green Claims Directive, industry says
The EU’s Green Claims Directive is key to shaping demand for EU-certified carbon farming credits, experts said repeatedly during a public workshop organised by the European Commission on Tuesday.
Read MoreETS2 success necessary to preserve the rest of the EU’s climate policies -report
The EU’s climate policy depends on the emission trading system for heating and transport (ETS2)’s success, as its effective implementation will safeguard the ETS1 and the rest of the bloc’s climate framework, according to a report by a German political foundation.
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