Market freedom, public support should be amongst top priorities in setting EU’s new climate agenda -report

Published 16:00 on March 7, 2024  /  Last updated at 17:54 on March 7, 2024  / /  EMEA, EU ETS, International

Avoiding over-regulation, increasing public support, strengthening international climate policy, and ensuring the bloc’s industry is competitive should be prioritised by the next European Commission, a report said Thursday.

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Ten EU countries commit to end fossil power by 2035 -campaign group

Published 23:01 on March 6, 2024  /  Last updated at 11:22 on March 6, 2024  / /  EMEA, EU ETS

Ten EU nations representing two-thirds of the bloc’s electricity generation capacity have committed to eliminate all fossil fuels from their power sectors by 2035, according to analysis by a campaign group.

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UK carbon consultancy partners with Salesforce to develop emissions reporting tool

Published 15:52 on March 6, 2024  /  Last updated at 15:52 on March 6, 2024  / /  International, Voluntary

A UK-based carbon consulting firm has partnered with US tech giant Salesforce to develop a carbon reporting and reduction service for corporations, the companies announced on Wednesday.

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EU co-legislators clinch deal on new CO2-saving rules for European airspace

Published 14:53 on March 6, 2024  /  Last updated at 14:53 on March 6, 2024  / /  EMEA, EU ETS

The European Parliament and the Council of EU member states struck a deal on Wednesday to improve the management of the bloc’s airspace in a way that is meant to reduce CO2 emissions, after being stuck for more than a decade with EU states.

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FEATURE: WTO complaints over CBAM would face lengthy process with little hope of dismantling it

Published 16:50 on March 5, 2024  /  Last updated at 16:50 on March 5, 2024  / /  Climate Talks, EMEA, EU ETS

Countries submitting a complaint to the WTO over the EU’s Carbon Border Adjustment Mechanism may have to wait years for any kind of decision, and even then it is unlikely to lead to any dismantling, trade experts have told Carbon Pulse.

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EU energy ministers agree to reduce demand for gas for another year

Published 18:51 on March 4, 2024  /  Last updated at 18:51 on March 4, 2024  / /  EMEA, EU ETS

The EU’s 27 energy ministers committed on Monday to continue efforts to reduce demand for gas until the end of next winter by at least 15%, during a meeting in Brussels.

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Mix of CCS, nuclear, geothermal, and wind power needed to decarbonise Poland -analysis

Published 14:05 on March 4, 2024  /  Last updated at 14:05 on March 4, 2024  / /  EMEA, EU ETS, International

The EU’s third-biggest carbon emitter, Poland, will need to almost double the amount of wind capacity it is currently installing annually, as well as use CCS, nuclear, and geothermal energy in order to reach net zero emissions by 2050, according to new research.

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UK ETS supply adjustment mechanism could be in place from 2026 -official

Published 16:31 on March 1, 2024  /  Last updated at 17:57 on March 3, 2024  / /  EMEA, EU ETS, UK ETS

Britain is considering introducing an allowance supply adjustment mechanism (SAM) to its carbon market from 2026, a senior UK government official told Carbon Pulse.

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INTERVIEW: Puro to apply for CORSIA eligibility, issue credits from three more voluntary carbon methodologies

Published 15:49 on February 29, 2024  /  Last updated at 10:21 on March 1, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, EU ETS, International, Paris Article 6, UK ETS, Voluntary

Voluntary carbon removals standard Puro.earth will issue credits under three further methodologies this year and formally apply to have its units approved under the current phase of the UN’s CORSIA aviation offsetting scheme, the company’s CEO told Carbon Pulse.

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EU heat pump sales fall 5% in 2023, threatening bloc’s climate targets

Published 14:48 on February 27, 2024  /  Last updated at 14:48 on February 27, 2024  / /  EMEA, EU ETS

Heat pump sales across the EU fell by around 5% last year compared to the previous year, data from an industry group show, putting the EU’s climate and energy targets at risk.

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