EU must opt for stringent CO2 targets for trucks to maintain competitive edge -green group
The EU risks losing a sizeable chunk of the truck manufacturing market to competitors such as the US and China by 2035 if it does not adopt high CO2 standards for heavy-duty vehicles, according to NGO-commissioned analysis published on Wednesday.
Read MoreGermany, UK sign intent to partner on scaling hydrogen production
The UK and Germany will partner up to further advance hydrogen developments, the two countries announced in a joint press release on Tuesday, as a report published on the same day finds that domestic production of the low-carbon gas for European nations is likely to prove much cheaper than import reliance.
Read MorePolicy frameworks across the globe not dealing with carbon removals adequately -campaign group
Policymakers around the world are getting it wrong on carbon removals and temporary carbon storage by placing them too high on the hierarchy of required climate action, campaigners warned in a pair of complementary reports on Monday.
Read MoreMalta and Spain urge EU to identify more ports as carbon leakage hotspots for ships amid a jump in activity
Malta and Spain have urged the EU to add further foreign ports to a list found to have experienced a jump in activity, ahead of the bloc’s inclusion of the shipping sector in the ETS from 2024 in a bid to guard against carbon leakage.
Read MoreIMO’s climate boss says global carbon pricing for shipping ‘very likely’ despite opposition
A global greenhouse gas pricing measure for shipping is very likely to be approved despite strong opposition from some countries, the International Maritime Organisation (IMO)’s head of climate action told Carbon Pulse on Wednesday.
Read MoreEU’s carbon removal certification bill faces delays in Parliament over carbon farming
Disagreements among policymakers over whether to label farming practices that remove or reduce CO2 emissions as carbon removals have brought negotiations over the EU’s framework for certifying carbon removals to a standstill, according to stakeholders close to the file.
Read MoreSmaller shipping companies seen as unprepared for EU ETS entry as emissions rise above pre-pandemic levels
EU shipping companies are facing a major challenge when trying to chart a course to purchasing EU ETS allowances, with some smaller market players still not prepared for the sector’s entry next year as revised data suggests emissions for the sector have already climbed above pre-pandemic levels.
Read MoreEU’s financial watchdog warns offshore wind development poses green ‘dilemma’
The environmental and socioeconomic impacts of the EU’s rapid expansion of offshore wind power installations have not been properly assessed, the bloc’s financial watchdog warned in a report published on Monday.
Read MoreLargest UK ETS emitter to receive £500 mln to exit coal, but thousands of jobs at risk
The UK government will provide £500 million to keep the largest steel plant in the country open and to reduce its carbon footprint by switching its energy source from coal to electricity, the British government said in a statement on Friday, although doing so will likely lead to thousands of job losses.
Read MoreOrsted urges renewable energy developers to set net-positive biodiversity strategies
The largest offshore wind developer in the world on Thursday called on all renewable energy developers to set net-positive biodiversity targets when developing projects.
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