CARBON FORWARD MIDDLE EAST: FEATURE – Compliance emissions pricing measures take root in the Gulf
Multiple gulf states have adopted domestic greenhouse gas (GHG) emissions pricing or reporting schemes over the past year, reflecting coordinated efforts to reduce the carbon intensity of their economies, market participants said at Carbon Forward Middle East in Abu Dhabi.
Read MoreBRIEFING: Political turmoil, US tax incentives threaten Canada’s CFR
The ongoing political transition in Canada and federal biofuels tax credits in the US could jeopardise Canadian clean fuel programmes, panellists at a conference said Thursday.
Read MoreUPDATE – Liberal leadership hopeful Freeland pledges to scrap Canada’s carbon tax -media
Chrystia Freeland, Canada’s former finance minister, is expected to pledge to scrap the country’s contentious carbon tax when she announces her candidacy for federal Liberal Party leader, according to local media.
Read MoreCanada projected to reach 2030 emissions reductions five years late -report
Led by CO2 abatement in the electricity sector, Canada achieved a 0.8% total reduction in emissions in 2023, which potentially put the country off-track from meeting its 2030 targets, a report said Tuesday.
Read MoreMexico City, Morelos join growing list of Mexican jurisdictions with active CO2 tax
Two new subnational Mexican carbon taxes went into effect this month after appearing in official records for Mexico City (CDMX) and Morelos State in the final days of 2024.
Read MoreYara urges EU support for exports of CBAM-covered fertilisers
The EU carbon market is putting European fertiliser producers at a “double disadvantage” compared to Russia and the US, which have access to cheap energy, don’t pay for CO2 emissions, and won’t pay the full cost of the EU’s Carbon Border Adjustment Mechanism (CBAM) until 2034, said Yara CEO Svein Tore Holsether.
Read MoreCARBON FORWARD MIDDLE EAST: Top 5 trends shaping MENA carbon markets in 2025
The Middle East and North Africa (MENA) represent a small but increasingly dynamic segment of international carbon markets, with five trends from the past year defining regional engagement.
Read More“Upstream carbon tax” required for sustainable growth in Armenia, World Bank says
A “well-designed upstream carbon tax” is among key policy developments required in Armenia if the country is to experience long-term sustainable growth, according to new research by the World Bank.
Read MoreEU car industry “hopeful” CBAM concerns will be addressed
Manufacturers have cited lack of access to accurate emissions data along the auto industry’s complex supply chain as well as administrative challenges among a range of factors hampering the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreINTERVIEW: German industry laments climate policy paralysis as CBAM fees approach
As Europe prepares for the rollout of new carbon regulations, Germany’s industrial sector faces mounting uncertainty due to delays in implementing climate policies.
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