EU carbon price surge not here to stay –analyst
The end of the EU carbon allowance price rally is in sight, with prices likely to start falling again in the next couple months, according to the research arm of a Dutch bank.
Read MoreGerman marketplace inks large biochar carbon removal deal with Bolivian developer
A developer of biochar-based carbon removals in Bolivia has signed a deal with a German marketplace startup to supply 81,600 of tonnes to the platform, the companies announced on Wednesday, among the largest deals done so far in the sector.
Read MoreMajority of sustainability experts believe elections will weaken European Green Deal -survey
More than half of sustainability experts polled by a green think tank believe the Green Deal agenda might be weakened after the 2024 European Parliament elections, preliminary results showed.
Read MoreEBRD initiative launched in Turkiye targets decarbonisation of CBAM-covered sectors
Around $70 billion annually is needed to decarbonise Turkiye’s steel, cement, aluminium, and fertiliser sectors, according to a low-carbon pathway (LCP) initiative launched in the country by European Bank for Reconstruction and Development (EBRD).
Read MoreNorway’s carbon removals projects at risk if EU implements proposed climate policy changes -minister
Proposed changes to the EU’s climate policy jeopardises Norway’s chance to meet one of its emissions targets for 2030 and puts some of its carbon removal (CDR) projects at risk, the country’s climate minister has said in a letter to the EU published on Monday.
Read MoreMomentum builds for shipping carbon levy as IMO meeting draws to a close
Momentum to introduce a carbon tax on shipping is building after delegates at a UN convention officially endorsed a framework on Friday to move forward with climate measures including the introduction of a levy on emissions.
Read MoreAsian steelmakers seek to weaken EU’s CBAM, lobbying study finds
Japanese and Korean steel industries appear to be actively lobbying the EU and other institutions to weaken the carbon border adjustment mechanism’s ambition, according to analysis by a think-tank.
Read MoreLEAK: Global carbon price for shipping still on the table at IMO meeting
The UN’s international shipping body has drawn up a legal framework for decarbonisation measures that includes a carbon pricing mechanism, according to a draft text seen by Carbon Pulse on Thursday, despite fears by some delegates that this option could still be removed.
Read MoreFEATURE: EU CBAM importers risk having to pay large penalties due to suppliers denying data access
EU importers of goods that fall under the bloc’s Carbon Border Adjustment Mechanism (CBAM) may face hefty penalties this year due to international suppliers refusing to provide them with data on their embedded emissions, which importers need to comply with the new mechanism, experts have told Carbon Pulse.
Read MoreUK seeks feedback on biomethane production support, UK ETS integration
The UK is seeking feedback on a policy framework to support biomethane production, including on how to distinguish its emissions from those from fossil gas in the country’s ETS.
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