INTERVIEW: A third of barriers to trade now due to climate, WTO deputy head says

Published 14:17 on April 8, 2024  /  Last updated at 14:17 on April 8, 2024  / /  Americas, CBAM, China, Climate Talks, EMEA, EU ETS, International

Countries need to more actively engage on climate change issues within the WTO, as an ever-increasing share of barriers and notifications brought before the international trade body are related to climate policies, the organisation’s deputy head told Carbon Pulse in an interview. 

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Concerns over climate investor group breaching antitrust laws overblown -report

Published 17:09 on April 4, 2024  /  Last updated at 17:09 on April 4, 2024  / /  Americas, Asia Pacific, EMEA, International, US, Voluntary

Concerns that the world’s biggest climate investor group’s approach breaches US antitrust and securities law have been overstated, a report by a financial services company said on Thursday.

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US will be the least impacted by CBAM, some goods may even benefit -study

Published 17:04 on April 4, 2024  /  Last updated at 09:58 on April 5, 2024  / /  CBAM, China, EMEA, EU ETS, International

The US will be the least affected out of most major economies by the EU’s Carbon Border Adjustment Mechanism (CBAM), and some of its exports may even gain more EU market share because of it, according to an analysis by a US-based non-profit organisation.

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Major DAC developer’s top policy officer named new CEO of carbon removals non-profit

Published 11:55 on April 4, 2024  /  Last updated at 11:55 on April 4, 2024  / /  EMEA, International, Switzerland, Voluntary

The chief climate policy officer of a direct air capture (DAC) technology developer based in Switzerland is moving on to become the CEO of an EU-based carbon removals (CDR) non-profit.

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57 fossil fuel and cement producers caused 80% of emissions since Paris Agreement, study finds

Published 04:01 on April 4, 2024  /  Last updated at 08:50 on April 4, 2024  / /  Americas, Asia Pacific, China, EMEA, International, Middle East, Other APAC

The majority of global CO2 emissions released into the atmosphere since the Paris Agreement was adopted in 2015 can be traced to a small group of fossil fuel and cement companies, according to analysis published on Thursday.

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Stakeholders urge EU to adopt robust low-carbon hydrogen rules

Published 15:04 on April 3, 2024  /  Last updated at 15:04 on April 3, 2024  / /  EMEA, EU ETS

Industry, environmental NGOs, and think tanks have urged the European Commission not to rush when defining the rules of low-carbon hydrogen in an upcoming delegated act.

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Lawmakers urge govt to hold UK aviation to account over emissions

Published 13:19 on April 3, 2024  /  Last updated at 13:19 on April 3, 2024  / /  Aviation/CORSIA, EMEA, International, UK ETS

The UK government has said it will not rule out measures designed to reduce demand for flights if its current strategy for curbing aviation emissions falls short, in a response to a report by lawmakers scrutinising the country’s decarbonisation plans for the sector.

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Steelmaker SSAB set to build second fossil-free mill, potentially cutting Swedish emissions 7%

Published 13:57 on April 2, 2024  /  Last updated at 13:57 on April 2, 2024  / /  EMEA, EU ETS

Swedish steel producer SSAB plans to turn one of its steel plants fossil-free, shaving an estimated 7% off the country’s CO2 emissions, the company announced on Tuesday.

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FEATURE: EU governments scrambling to hire and train staff to deal with CBAM

Published 11:55 on April 1, 2024  /  Last updated at 11:55 on April 1, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

EU governments are scrambling to hire and train staff to deal with the bloc’s Carbon Border Adjustment Mechanism (CBAM), with some — such as Germany — yet to bring on anyone new, and others — such as Slovenia and Latvia — hoping Brussels will provide more guidance, representatives from the national competent authorities have told Carbon Pulse.

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UPDATE – British and EU businesses call for ETS linkage in joint letter

Published 12:35 on March 28, 2024  /  Last updated at 15:15 on March 28, 2024  / /  EMEA, EU ETS, UK ETS

A group of British and EU business and trade associations have called on the UK’s energy minister to initiate negotiations with Brussels to link the two compliance carbon markets as a matter of urgency.

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