PREVIEW: Five things to watch on EU climate policy in 2025
With the Polish EU Council presidency focusing on energy security in the first half of the year, the initiative on climate is expected to come from the European Commission, with a series of proposals due in the first quarter, including a much-awaited Clean Industrial Deal at the end of February.
Read MoreStronger carbon price with complementary measures needed for decarbonisation -think tank
The current EU ETS price signal will take too long to fully decarbonise the economy unless elements that soften the mechanism are phased out and liquidity is increased, a report by a Brussels-based think tank said on Thursday.
Read MoreEU conservatives pushing to cancel CO2 fines for carmakers
Lawmakers from the centre-right European People’s Party (EPP) have called on the EU to find ways of avoiding fines for carmakers that fail to meet their CO2 reduction targets in 2025, saying “a realistic approach” is needed on EU climate goals.
Read MoreFEATURE: EU weighs touchy question of whether to count international carbon credits towards CBAM
The EU is weighing how its Carbon Border Adjustment Mechanism (CBAM) should treat the international credits included in the carbon pricing schemes of other countries — with climate experts and industry representatives divided on whether these should be deductible from border fees.
Read MoreTurkiye offering €2.8 mln to help it transpose EU ETS Directive into national law
Turkiye has launched a €2.8-mln tender seeking a contractor to help it transpose the EU ETS Directive into national law and analyse the impact of the bloc’s Carbon Border Adjustment Mechanism (CBAM) on the country.
Read MoreWind-assisted vessels, LNG can lower green fuel costs for shipowners, insurer says
Shipowners can cut compliance costs under the EU’s new green shipping fuel regulation by using LNG-powered ships or wind-assisted propulsion, according to a new report by a global shipping insurer.
Read MoreEU likely to propose exempting small companies from CBAM in early 2025, senior EU official says
The European Commission is likely to next year put forward a proposal to exclude small companies from the EU’s Carbon Border Adjustment Mechanism (CBAM), a senior official told Carbon Pulse on Thursday.
Read MoreEU member states could use Article 6 for ‘above-and-beyond’ mitigation, says senior EU official
EU member states can still use Article 6 for above-and-beyond mitigation, the head of the EU’s international carbon markets diplomacy taskforce told Carbon Pulse at the sidelines of a conference on Thursday, despite the bloc’s current plans to avoid using international carbon credits towards UN climate goals.
Read MoreCarbon removal buyers club signs offtake agreement with South American biochar developer
A carbon removal buyers club on Thursday announced a multi-year CDR purchase agreement with a South American biochar producer.
Read MoreEU’s upcoming low-carbon hydrogen rules could help scale up market, says think tank
An upcoming law defining low-carbon hydrogen could help scale up the market and help reduce emissions in the EU’s hard-to-abate sectors while renewable hydrogen is still not available in the required quantities, a report by a Brussels-based think tank said on Wednesday.
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