Malta 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.
Read MoreEuropean Parliament approves deal to set binding EU targets for sustainable aviation fuel uptake
The European Parliament approved a new law on Wednesday that will mean 70% of jet fuel used at EU airports will have to be green by 2050.
Read MoreUPDATE – European Green Deal and economic competitiveness key issues for EU’s von der Leyen in last speech of her term
European Commission President Ursula von der Leyen confirmed her commitment to the European Green Deal on Wednesday in her last annual speech to the European Parliament before the EU elections next June, though her focus was less on climate action and more on the need to support European industry on their decarbonisation journeys.
Read MoreEuropean Parliament backs higher 2030 renewable energy target
The European Parliament voted in favour of nearly doubling the share of renewable energy in the EU’s overall energy consumption by 2030 on Tuesday in Strasbourg, after months of infighting over the proposal both on the Parliament and Council of member states side.
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