German govt advisors back centralised Article 6 procurement for EU ETS, warn against direct offset use
International carbon credits under Article 6 of the Paris Agreement should only be integrated into the EU Emissions Trading System (EU ETS) through a centrally managed purchasing mechanism rather than allowing companies to buy offsets directly for compliance, according to a discussion paper published by the German Environment Agency (UBA).
Read MoreCarbon removal specialist targets regulated markets
A carbon removal procurement service is offering portfolios aligned with compliance ready markets, it announced Thursday.
Read MoreEU must use Article 6 to drive global emissions cuts, open up credits to private buyers -think tank
The European Union should use international carbon credits as a tool to drive deeper global emissions reductions rather than simply lower the cost of meeting its own climate targets, and reshape the policy architecture of how it engages with Article 6 markets, according to a new paper.
Read MoreIberdrola reports surge in EU ETS-covered gas-fired power production
Spanish utility Iberdrola has reported a jump of one-third in its EU-based gas-fired power generation over the first half of 2026, compared to 2025.
Read MoreGermany launches first auction for backup gas-fired power capacity
Germany’s energy regulator on Tuesday launched the first tender for long-term electricity generation capacity from gas plants designed to maintain security of supply during prolonged periods of low renewable output or limited electricity imports.
Read MoreANALYSIS: ETS reform proposals suggest EU’s Article 6 demand could reach 650 Mt by 2040
The European Commission’s proposed reforms to the EU’s Emissions Trading System (ETS), which include provisions linked to the procurement of up to 260 million international credits, should mean the total demand for Article 6 units from the bloc reaches as high as 650 mln, experts have noted.
Read MoreANALYSIS: EU ETS carbon removal volumes may be much lower than headline figure
EU carbon removal units procured for integration into the bloc’s Emissions Trading System (ETS) could be much lower than the headline 250 Mt, as this figure refers to the number of carbon permits that will be set aside to fund removal unit purchases, experts have noted.
Read MoreEU ETS reform risks flooding carbon market, weakening climate ambition, warn researchers
The European Commission’s proposed overhaul of the EU Emissions Trading System (ETS) would create a prolonged glut of carbon allowances that risks suppressing prices, weakening investment signals, and putting the bloc’s 2040 climate target in jeopardy, according to a new assessment by a German think tank.
Read MoreVCM REPORT: CORSIA futures jump above $12/t on EU ETS reform package, despite complications for global aviation
ICE CORSIA Dec-26 futures continued their upward swing last week, rising to $12.50/t by the end of Friday, from $10 per tonne the previous week, as the European Union proposed to extend EU Emissions Trading System (ETS) coverage to some international flights while continuing “support for multilateralism” through a CORSIA cost deduction mechanism.
Read MoreEU proposes extending ETS coverage to some long-haul flights as CORSIA falls short
The European Commission has proposed extending the EU Emissions Trading System (ETS) to cover some international flights from 2029, as well as all business jet travel to and from the bloc, after concluding that ICAO’s global carbon offsetting scheme CORSIA had failed to deliver.
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