Largest 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.
Read MoreINTERVIEW: EU Commission to release blueprint for carbon removals ‘buyers club’
The European Commission will seek views next week on the idea of creating a European Buyers Club for EU-sanctioned carbon removal credits that will be open to both public and private finance institutions, a senior official told Carbon Pulse in an interview.
Read MoreArcelorMittal confirms intention to decarbonise French steel plant
Steel giant ArcelorMittal recommitted to investing €1.2 billion in a decarbonisation project in France, citing new-found confidence in the EU following recent policy announcements, the company said on Thursday.
Read MoreEU ETS financed Modernisation Fund is falling short of its potential -NGO
The EU ETS financed Modernisation Fund, set up to help lower-income EU member states with their transition, is falling short of its potential, an analysis by an NGO warned ahead of a deadline next month for approving new financing.
Read MoreMore than half of European companies satisfied with EU sustainability reporting rules as they are -survey
Some 60% of companies are satisfied with the EU’s sustainability reporting rules, and half are dissatisfied with the European Commission’s proposals to chop up the legislation, a business survey revealed on Thursday.
Read MoreUnprecedented demand for EU ETS-backed Innovation Fund
The European Commission has attracted a record number of project applications for two Innovation Fund calls, which use revenues of the EU Emissions Trading System (EU ETS) to support the deployment of pioneering net-zero technologies and electric vehicle battery cell manufacturing.
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