FEATURE: EU weighs touchy question of whether to count international carbon credits towards CBAM
The EU is weighing how its Carbon Border Adjustment Mechanism (CBAM) should treat the international credits included in the carbon pricing schemes of other countries — with climate experts and industry representatives divided on whether these should be deductible from border fees.
Read MoreTurkiye offering €2.8 mln to help it transpose EU ETS Directive into national law
Turkiye has launched a €2.8-mln tender seeking a contractor to help it transpose the EU ETS Directive into national law and analyse the impact of the bloc’s Carbon Border Adjustment Mechanism (CBAM) on the country.
Read MoreWind-assisted vessels, LNG can lower green fuel costs for shipowners, insurer says
Shipowners can cut compliance costs under the EU’s new green shipping fuel regulation by using LNG-powered ships or wind-assisted propulsion, according to a new report by a global shipping insurer.
Read MoreEU likely to propose exempting small companies from CBAM in early 2025, senior EU official says
The European Commission is likely to next year put forward a proposal to exclude small companies from the EU’s Carbon Border Adjustment Mechanism (CBAM), a senior official told Carbon Pulse on Thursday.
Read MoreEU member states could use Article 6 for ‘above-and-beyond’ mitigation, says senior EU official
EU member states can still use Article 6 for above-and-beyond mitigation, the head of the EU’s international carbon markets diplomacy taskforce told Carbon Pulse at the sidelines of a conference on Thursday, despite the bloc’s current plans to avoid using international carbon credits towards UN climate goals.
Read MoreCarbon removal buyers club signs offtake agreement with South American biochar developer
A carbon removal buyers club on Thursday announced a multi-year CDR purchase agreement with a South American biochar producer.
Read MoreEU’s upcoming low-carbon hydrogen rules could help scale up market, says think tank
An upcoming law defining low-carbon hydrogen could help scale up the market and help reduce emissions in the EU’s hard-to-abate sectors while renewable hydrogen is still not available in the required quantities, a report by a Brussels-based think tank said on Wednesday.
Read MoreVeteran carbon analyst joins ClearBlue Markets
A veteran carbon analyst has joined carbon analytics and consulting firm ClearBlue Markets after leaving London Stock Exchange Group (LSEG) earlier this year.
Read MoreIndustry groups want CBAM registry to be as transparent as EU ETS
The new registry containing information about importers of goods covered by the EU’s new carbon border fee should be as transparent as its ETS registry, a group of European business association have told the European Commission.
Read MoreINTERVIEW: ‘Don’t fix what ain’t broke’ on EU climate policy, French lawmaker warns Brussels
The incoming European Commission should refrain from re-opening existing climate legislation in the next five years, a French Member of the European Parliament told Carbon Pulse in an interview, warning this risks sowing political chaos and uncertainty.
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