INTERVIEW: Rio Tinto’s Serbian lithium mine could help clinch the EU’s climate goals
Serbia could start supplying the EU with a stable stock of high-grade lithium within four years, helping the bloc produce enough electric vehicles and hit its climate targets, the managing director of Anglo-Australian miner Rio Tinto’s deposit in the country told Carbon Pulse.
Read MoreHeating decarbonisation plan vital to prevent sky-high CO2 prices, group says
The European Commission must develop a heating and cooling plan in order to meet its 2030 decarbonisation goals and prepare for the introduction of a dedicated Emissions Trading Scheme (ETS) for heating and transport, a coalition said this week.
Read MoreItalian authorities investigate CO2 emissions fraud at country’s largest steel plant -media
Ten individuals are being investigated by the Italian authorities for submitting manipulated CO2 emissions data while administering Italy’s largest steel factory, which then affected the facility’s EU carbon permit compliance requirements, according to multiple national media sources.
Read MoreEurope’s ETS-covered shipping emissions drop 13.7% in 2023
European shipping emissions covered by the bloc’s carbon market dropped 13.7% in 2023 compared to the previous year, in large part due to a reduced demand for energy and general goods from the EU, according to Carbon Pulse analysis of preliminary data published this week.
Read MoreClimate NGOs hit out at voluntary carbon offsets, call for outright ban
More than 80 non-profits have called for a carbon offset ban in climate regulations and company guidelines, arguing that they distract corporates from real decarbonisation.
Read MoreANALYSIS: CBAM impact could cut into EU power imports from UK, Western Balkans
Britain’s electricity flows may be the most impacted by the EU’s Carbon Border Adjustment Mechanism (CBAM) as imports sent to the EU are set to become more expensive, with the Western Balkans also poised to be hit hard.
Read MoreSome CBAM revenue should go to impacted and developing countries, panel agrees
Representatives from the government, business and academic sectors agreed that at least part of the EU’s Carbon Border Adjustment Mechanism (CBAM) revenues should be recycled to non-EU countries impacted by the mechanism, during a online webinar hosted by a think tank on Wednesday.
Read MoreTurkish ETS unlikely to launch in mid-October -sources
The Turkish ETS is unlikely to launch on Oct. 15, as had been previously announced, due to delays with the country’s climate law, say sources.
Read MoreEEX announces termination of Nasdaq Nordic power trading deal
Europe’s leading energy exchange EEX will not be taking over Nasdaq’s Nordic power trading and clearing business, the company announced on Wednesday.
Read MoreINTERVIEW: EU should stand firm on demanding transparency in int’l carbon markets, former top official says
The EU should stand firm on its demand for transparency in the Paris Agreement’s Article 6, as without it, the entire international carbon market system could fail, the bloc’s former top climate official told Carbon Pulse in an interview.
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