Major institutions urge the EU to accelerate energy transition to ensure competitiveness

Published 14:08 on September 29, 2023  /  Last updated at 14:08 on September 29, 2023  / Rebecca Gualandi /  EMEA, International

The heads of three major EU and international institutions warned that not accelerating the clean energy transition in Europe would mean losing industrial competitiveness and threatening financial stability, at a conference in Paris on Friday.

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EU must opt for stringent CO2 targets for trucks to maintain competitive edge -green group

Published 17:56 on September 27, 2023  /  Last updated at 17:56 on September 27, 2023  / Rebecca Gualandi /  EMEA, EU ETS

The EU risks losing a sizeable chunk of the truck manufacturing market to competitors such as the US and China by 2035 if it does not adopt high CO2 standards for heavy-duty vehicles, according to NGO-commissioned analysis published on Wednesday.

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Germany, UK sign intent to partner on scaling hydrogen production

Published 13:15 on September 26, 2023  /  Last updated at 13:39 on September 26, 2023  / Rebecca Gualandi /  Africa, Americas, Asia Pacific, EMEA, EU ETS, International, UK ETS

The UK and Germany will partner up to further advance hydrogen developments, the two countries announced in a joint press release on Tuesday, as a report published on the same day finds that domestic production of the low-carbon gas for European nations is likely to prove much cheaper than import reliance.

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Policy frameworks across the globe not dealing with carbon removals adequately -campaign group

Published 16:24 on September 25, 2023  /  Last updated at 16:24 on September 25, 2023  / Rebecca Gualandi /  Australia, Aviation/CORSIA, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary

Policymakers around the world are getting it wrong on carbon removals and temporary carbon storage by placing them too high on the hierarchy of required climate action, campaigners warned in a pair of complementary reports on Monday.

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Malta and Spain urge EU to identify more ports as carbon leakage hotspots for ships amid a jump in activity

Published 16:03 on September 22, 2023  /  Last updated at 16:07 on September 22, 2023  / Rebecca Gualandi /  EMEA, EU ETS, Shipping

Malta and Spain have urged the EU to add further foreign ports to a list found to have experienced a jump in activity, ahead of the bloc’s inclusion of the shipping sector in the ETS from 2024 in a bid to guard against carbon leakage.

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IMO’s climate boss says global carbon pricing for shipping ‘very likely’ despite opposition

Published 18:30 on September 20, 2023  /  Last updated at 18:30 on September 20, 2023  / Rebecca Gualandi /  EMEA, EU ETS, Shipping

A global greenhouse gas pricing measure for shipping is very likely to be approved despite strong opposition from some countries, the International Maritime Organisation (IMO)’s head of climate action told Carbon Pulse on Wednesday.

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EU’s carbon removal certification bill faces delays in Parliament over carbon farming

Published 16:54 on September 20, 2023  /  Last updated at 16:54 on September 20, 2023  / Rebecca Gualandi /  EMEA, EU ETS, International, Nature-based

Disagreements among policymakers over whether to label farming practices that remove or reduce CO2 emissions as carbon removals have brought negotiations over the EU’s framework for certifying carbon removals to a standstill, according to  stakeholders close to the file.

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Smaller shipping companies seen as unprepared for EU ETS entry as emissions rise above pre-pandemic levels

Published 18:54 on September 19, 2023  /  Last updated at 18:54 on September 19, 2023  / Rebecca Gualandi /  EMEA, EU ETS, Shipping

EU shipping companies are facing a major challenge when trying to chart a course to purchasing EU ETS allowances, with some smaller market players still not prepared for the sector’s entry next year as revised data suggests emissions for the sector have already climbed above pre-pandemic levels. 

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EU’s financial watchdog warns offshore wind development poses green ‘dilemma’

Published 17:49 on September 18, 2023  /  Last updated at 17:51 on September 18, 2023  / Rebecca Gualandi /  EMEA

The environmental and socioeconomic impacts of the EU’s rapid expansion of offshore wind power installations have not been properly assessed, the bloc’s financial watchdog warned in a report published on Monday.

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Largest UK ETS emitter to receive £500 mln to exit coal, but thousands of jobs at risk

Published 15:35 on September 15, 2023  /  Last updated at 15:37 on September 15, 2023  / Rebecca Gualandi /  EMEA, UK ETS

The UK government will provide £500 million to keep the largest steel plant in the country open and to reduce its carbon footprint by switching its energy source from coal to electricity, the British government said in a statement on Friday, although doing so will likely lead to thousands of job losses.

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