UK seeks views on changes to ETS free allocation rules ahead of CBAM, confirms current period extension
The UK ETS Authority on Monday opened new public consultations on proposed changes to its method of calculating adjustments to free allocations related to carbon leakage, as well as on future adjustments to free allocations to account for the introduction of the country’s carbon border adjustment mechanism (CBAM).
Read MoreUPDATE – Canadian finance, deputy PM resigns in sudden move before annual fiscal update
Chrystia Freeland, Canadian finance and deputy prime minister, resigned from her cabinet post on Monday just hours before tabling of the national fall fiscal update, citing differences with Prime Minister Justin Trudeau about the best path forward for the country as reasons for her departure.
Read MoreEconomists urge caution on carbon taxation in Sub-Saharan Africa, citing ineffectiveness and poverty risks
Introducing carbon taxes in sub-Saharan Africa (SSA) could prove both ineffective in curbing emissions and detrimental to the region’s poor, economists warn in a new study
Read MoreMontenegro seeks CBAM exemption by linking power system with EU -media
Montenegro has asked for an exemption from the first year of the EU’s Carbon Border Adjustment Mechanism (CBAM), the country’s energy minister said on Friday as reported by local media.
Read MoreIndia defines green steel, sets maximum threshold for emissions intensity
India’s Ministry of Steel has released a green steel taxonomy as the South Asian country steps up efforts to control CO2 emissions in its heavy industry.
Read MoreSwiss CBAM compliance startup raises €1.5 mln in seed funding
A Swiss-based startup has secured €1.5 million in seed funding to advance its integrated hardware-software platform designed to facilitate compliance with the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreStronger carbon price with complementary measures needed for decarbonisation -think tank
The current EU ETS price signal will take too long to fully decarbonise the economy unless elements that soften the mechanism are phased out and liquidity is increased, a report by a Brussels-based think tank said on Thursday.
Read MoreFears of a tighter EU ETS could soon prompt 2026-27 exposure hedging -analysts
Expectations of a tightening EU carbon market may prompt emitters to hedge their 2026-27 EUA exposure next year amid a projected annual surplus.
Read MoreEU carbon prices to see “modest” recovery in 2025 -analysts
EUA prices will see a “modest” recovery in 2025, driven by a series of mildly bullish factors, a European investment bank said Wednesday.
Read MoreBank warns that consensus around tight EUA market in 2026 could be blown off course
Consensus there will be sharp tightening in the EU ETS market in 2026 could be shocked when new free allocation numbers are published by the EU Commission, an investment bank has warned.
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