Far-right, anti-climate policy party’s sudden ascent disrupts Dutch election campaign

Published 19:53 on November 21, 2023  /  Last updated at 19:53 on November 21, 2023  / /  EMEA, EU ETS

Whether the Netherlands adopts a more ambitious climate agenda than that of the outgoing government will hinge on how much the electorate engages in tactical voting to keep the extreme right-wing out of government, as polls reveal a surge in popularity for the populist, anti-climate policy Party For Freedom (PVV) ahead of Wednesday’s vote.

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EU’s carbon removal bill passes in full Parliament vote

Published 12:04 on November 21, 2023  /  Last updated at 21:48 on November 21, 2023  / /  EMEA, EU ETS, Nature-based, Voluntary

The EU’s first draft legislation defining a framework for certifying carbon removals passed with a large majority during a vote in the full European Parliament in Strasbourg on Tuesday, paving the way for negotiations with member states and the European Commission for an agreement on the file.

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EU extends state aid flexibility for another six months

Published 17:26 on November 20, 2023  /  Last updated at 17:26 on November 20, 2023  / /  EMEA, EU ETS, International

The European Commission has extended part of the bloc’s state aid Temporary Crisis and Transition Framework by six months, meaning member states can continue providing additional support to certain EU ETS-covered entities hit by the energy crisis and ongoing war in Ukraine.

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Top 1% richest emit equivalent to poorest two-thirds of global population -NGO

Published 14:04 on November 20, 2023  /  Last updated at 14:04 on November 20, 2023  / /  Americas, Asia Pacific, Carbon Taxes, EMEA, International

The super-rich are responsible for 16% of global CO2 emissions, about the same as the emissions from the poorest 66% of humanity in 2019, according to a report by an NGO, that recommended a 60% income tax on the top 1% to lower their emissions and raise funds for the energy transition.

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Attempt to squeeze carbon farming practices into EU’s carbon removal bill likely to be shot down -sources

Published 16:21 on November 17, 2023  /  Last updated at 10:15 on November 23, 2023  / /  EMEA, EU ETS, Nature-based, Voluntary

The European Parliament’s agriculture committee is planning on proposing several farming practices for the EU’s Carbon Removal Certification Framework on Nov. 21 as part of the bill’s full Parliament vote, though several sources don’t expect the changes will be voted through, as the Council of member states adopted its own negotiating mandate on Friday.

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NGO slams latest text being considered for EU’s carbon removals bill

Published 17:03 on November 16, 2023  /  Last updated at 17:04 on November 16, 2023  / /  EMEA, EU ETS

NGOs have said they have “serious concerns” with a text being considered for adoption by member states on the bloc’s new legislation aiming to define how to certify carbon removals, they said in a letter published on Thursday.

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Ukrainian energy minister says country may need EU’s help with power supplies this winter

Published 16:37 on November 16, 2023  /  Last updated at 16:37 on November 16, 2023  / /  Carbon Taxes, CBAM, EMEA, EU ETS

Ukraine’s deputy energy minister said on Thursday that the country’s electricity grid may need additional inputs from the EU this winter to prevent blackouts, adding that the embattled nation’s power sector is shaping up in the hope of EU accession.

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FEATURE: Companies see EU ETS rule tweak kickstarting carbon storage in buildings 

Published 14:05 on November 16, 2023  /  Last updated at 14:05 on November 16, 2023  / /  EMEA, EU ETS, International, UK ETS, Voluntary

Companies are counting on an under-the-radar tweak to EU ETS rules to kickstart projects to store carbon permanently in buildings, with the incentive to shave carbon costs enough to get going without needing to rely on fledgling efforts to generate carbon credits from removals.

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International ‘climate club’ to launch at COP28 conference, says EU climate chief

Published 15:40 on November 15, 2023  /  Last updated at 15:44 on November 15, 2023  / /  Carbon Taxes, CBAM, Climate Talks, EMEA, International

An international climate club for governments will be officially launched at the beginning of December at the COP28 UN climate conference in Dubai, with a particular focus on industrial decarbonisation, the EU’s top climate official Kurt Vandenberge told a conference on Wednesday.

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EU member state negotiators agree on CCS, paving the way for EU inter-institutional talks

Published 10:28 on November 14, 2023  /  Last updated at 13:08 on November 14, 2023  / /  EMEA, EU ETS

Negotiators on behalf of the 27 EU member states agreed on carbon capture targets and obligations on Monday as part of the bloc’s legislative proposal to accelerate the EU’s clean technologies, according to a source close to the matter.

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