Carbon removal credits unlikely to be considered for EU CBAM compliance until mid-2030s, expert says

Published 13:02 on April 22, 2025  /  Last updated at 13:02 on April 22, 2025  / /  Carbon Taxes, CBAM, EMEA, EU ETS, Nature-based, Voluntary

While foreign countries may accept international credits to achieve their climate targets under the Paris Agreement, the EU is unlikely to consider allowing carbon removal (CDR) units for compliance under its Carbon Border Adjustment Mechanism (CBAM) until the mid-2030s, according to an expert consultant.

Read More

UK CBAM to penalise new nuclear and wind, but let solar off the hook, warns utility giant

Published 14:10 on April 21, 2025  /  Last updated at 14:10 on April 21, 2025  / /  Carbon Taxes, CBAM, EMEA

EDF, which is seeking fresh investors for the Hinkley Point C nuclear power plant in England, has warned the UK government that its planned Carbon Border Adjustment Mechanism (CBAM) will push up the cost of building new nuclear plants and wind farms.

Read More

“Tariffs in disguise”: EU CBAM sparking plethora of new green trade barriers

Published 14:01 on April 21, 2025  /  Last updated at 14:01 on April 21, 2025  / /  Africa, Americas, Asia Pacific, Carbon Taxes, CBAM, EMEA, US

The EU’s Carbon Border Adjustment Mechanism (CBAM) is giving rise to a plethora of copycats around the world that are really meant as tariffs, according to an expert consultant who warned about “a nightmare” when it comes to implementation.

Read More

INTERVIEW: Canada’s Green Party centres affordability, sovereignty in climate-oriented election bid

Published 02:56 on April 18, 2025  /  Last updated at 02:56 on April 18, 2025  / and /  Americas, Canada, Carbon Taxes

The Green Party of Canada would re-establish Canada’s carbon tax, given a chance at the helm, though the group’s co-leader said she hopes to broaden support for climate action beyond its environmental benefits.

Read More

Carbon price critical to making low-carbon steel competitive, ArcelorMittal says

Published 12:10 on April 17, 2025  /  Last updated at 12:10 on April 17, 2025  / /  Carbon Taxes, CBAM, EMEA, EU ETS, Voluntary

Supportive policy and a global price on carbon will be critical to making low-carbon steel production competitive, according to steelmaker ArcelorMittal, which reported on Thursday that it had almost halved its emissions footprint since 2018.

Read More

DATA DIVE: Chilean renewable projects aim for PACM after major support from CDM

Published 23:34 on April 16, 2025  /  Last updated at 23:34 on April 16, 2025  / /  Americas, Carbon Taxes, Data Dive, International, Kyoto Mechanisms, Paris Article 6, South & Central, Voluntary

The Kyoto Protocol’s Clean Development Mechanism (CDM) played a critical role in building out Chile’s renewable energy generation, Carbon Pulse analysis of new national data has found, while dozens of Chilean renewables projects look ahead to the Paris Agreement Crediting Mechanism (PACM).

Read More

FEATURE: Rise of border carbon fees will create compliance costs, trade shuffles, and – maybe – some emissions cuts

Published 13:40 on April 16, 2025  /  Last updated at 13:40 on April 16, 2025  / /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, CBAM, China, EMEA, EU ETS, Japan, UK ETS, US

The once-distant idea of a global market divided up by border carbon fees is coming increasingly into focus, as countries ready themselves for the full force of the EU’s Carbon Border Adjustment Mechanism (CBAM) next year.

Read More

Turkish government delays Climate Law with national ETS

Published 12:15 on April 16, 2025  /  Last updated at 12:28 on April 16, 2025  / /  Carbon Taxes, CBAM, EMEA

The Turkish government withdrew the country’s draft Climate Law from discussions in parliament on Tuesday, putting on hold a policy that would introduce a national emissions trading system, amid opposition, according to local media. 

Read More

Quebec cutting gasoline price floor amid plummeting gas prices

Published 23:27 on April 15, 2025  /  Last updated at 23:27 on April 15, 2025  / /  Americas, Canada, Carbon Taxes

Canada’s only province with a cap-and-trade system appears to be rethinking its gasoline regulations, as prices otherwise dipped across the country following the elimination of the consumer-facing carbon tax.

Read More

Brazil to propose international carbon market integration at COP30 -official

Published 22:08 on April 15, 2025  /  Last updated at 22:08 on April 15, 2025  / /  Americas, Asia Pacific, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, South & Central, US

Brazil will present a proposal to integrate carbon markets worldwide when it hosts the COP30 UN climate conference in November, a senior government official said Friday.

Read More