UK manufacturers urge government to introduce a CBAM before 2026 to align with EU
Make UK, a trade body for UK manufacturers, has renewed calls for the British government to introduce a carbon border adjustment mechanism for energy-intensive industries before 2026 to align with the timescales of the EU’s version.
Read MoreResearchers warn of potential climate tipping points and urge fossil fuel phaseout
Analysis by more than 200 researchers from around the world, published on Wednesday, has warned of a series of potential negative tipping points for the climate while setting out opportunities to try to create positive tipping points, for instance by phasing out fossil fuels.
Read MoreMore import regulation needed to tackle vast emissions from agricultural deforestation, says report
Deforestation and peat loss driven by the expansion of agricultural production are generating a vast carbon footprint that requires stronger action from world leaders particularly in importing nations, according to a report published on Tuesday.
Read MoreEuropean Commission pledges to be on guard for carbon leakage from extension of ETS to shipping, as several nations urge delay
The European Commission said on Monday that it plans to monitor the potential for carbon leakage from the extension of the bloc’s ETS to the maritime sector, aiming to ease the concerns of several member states who urged the bloc to delay the inclusion of international shipping.
Read MoreCOP28: OECD sets out plans for its climate forum, saying it will provide a “safe space” for countries to compare notes
The OECD has set out plans for its climate group, the Inclusive Forum on Carbon Mitigation Approaches, saying it hopes it will provide a safe space for countries to talk outside of a negotiation setting and help bridge the gap between mitigation action and ambition.
Read MoreCourt orders Belgian governments to cut emissions by 55% by 2030
In a ruling on Thursday, the Brussels Court of Appeal said the Belgian, Flemish, and Brussels governments must reduce greenhouse gas emissions by 55% by the end of the decade, in the latest example of a growing trend of climate litigation cases against governments.
Read MorePetrostates risk losing $8 trillion as demand for oil and gas falls, says report
Some petrostates could lose more than half their expected income from fossil fuels as the energy transition accelerates, technologies advance, and climate policy tightens, according to a report published on Thursday.
Read MoreEU member states are targeting 66% renewable power in 2030 – report
EU member states’ latest targets would put them on track to reach 66% renewable power in 2030, slightly short of their 69% goal under the bloc’s REPowerEU energy security plan, according to a report published in Brussels on Friday.
Read MoreSouth Africa carbon credit supply shortfall to continue into 2040s -consultancy
A shortfall in the supply of carbon credits eligible for cancellation against South Africa’s domestic carbon tax is likely to continue into the 2040s, but could be alleviated by expanding the market to the wider region, according to a report published by a consultancy.
Read MoreUPDATE – Policymakers are making progress on energy efficiency, but not fast enough -IEA
Policymakers around the world have made progress this year on improving energy efficiency, but this is not moving fast enough to meet climate targets, the International Energy Agency said in a report published on Wednesday.
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