Italy’s emissions rise by 2.6% in 2025 due to higher gas power generation
Italy’s emissions rose in 2025 compared to 2024 due to an increase in gas-fired electricity generation, according to a national research body.Â
Read MoreFour EU states call for extra ETS allowances tied to decarbonisation
Czechia, Greece, Poland, and Romania have called for additional free carbon allowances to be granted to energy-intensive industries on the condition that companies invest in reducing their emissions, while also urging that current levels of free allocation be maintained.Â
Read MoreEuropean carbon removal developers call for national CDR strategies
Carbon removal (CDR) developers across Europe urged countries to create national strategies for the sector, including clear plans for transporting captured CO2 to storage sites, during workshop in Brussels held this week.
Read MoreBrussels greenlights €1.3 bln German renewable hydrogen scheme
Brussels has approved a €1.3 billion German state aid scheme to boost the production of renewable hydrogen, the European Commission announced on Wednesday.
Read MoreANALYSIS: EU opening for Article 6 in CBAM sends “positive signal” for credit demand, but puts climate credibility at risk
Allowing EU importers to deduct international carbon credits from their Carbon Border Adjustment Mechanism (CBAM) fees is an endorsement of the UN’s Article 6 carbon markets – but some worry it may come at the expense of the mechanism’s climate integrity.Â
Read MoreCORSIA fails on EU’s two thresholds for keeping international flights out of ETS -analysts
The UN’s aviation offsetting scheme CORSIA does not meet the EU’s conditions for keeping its Emissions Trading System (ETS) exemption for international flights, according to an analysis of EU legislation and market conditions.
Read MoreEU Parliament chooses lead negotiator for MSR adjustment, rejects fast-track procedure
The European Parliament has appointed a Socialists and Democrats (S&D) lawmaker to steer a proposal to adjust the Market Stability Reserve (MSR), a key tool governing allowance supply in the EU carbon market, and has opted against accelerating the usual legislative process.
Read MoreCBAM ‘not enough’ to stop EU carbon leakage, think tank warns
The EU’s Carbon Border Adjustment Mechanism (CBAM) will not, on its own, prevent European industry from shifting production to countries without carbon pricing, and risks pushing up costs and leakage risks for downstream sectors, a new report has warned.
Read MoreDraft EU rules allow international credits to cover CBAM fees
The European Commission has proposed recognising international credits as a carbon price paid outside the EU, making it possible for importers to deduct the costs from their Carbon Border Adjustment Mechanism (CBAM) fees, according to draft rules published on Wednesday.
Read MoreFEATURE: Companies face EU “CBAM chaos”, with high fees for ‘default’ emission values
Companies worldwide are scrambling to prepare for the EU’s Carbon Border Adjustment Mechanism (CBAM), but many still do not know whether they will be able to use verified plant-level emissions data or be forced to rely on punitive default values – a distinction experts say could determine whether exporters remain competitive in Europe at all.
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