CERAWeek: Global CBAMs “will be a feature, not a bug” moving forward -panellists
Carbon border adjustment mechanisms (CBAMs) are expected to continue to grow across the globe and play a prominent role in trade relations in the coming years, experts said at the CERAWeek conference.
Read MoreCBAM threatens European technology sector, study warns
The EU’s Carbon Border Adjustment Mechanism (CBAM) could significantly weaken the European technology industry’s competitiveness by increasing production costs nearly 50% for some sectors, leading to carbon leakage and job losses, a new study has warned.
Read MoreBahrain officials propose carbon pricing in national budget package
Bahraini representatives in charge of the General Budget (2025-26) have proposed a carbon pricing system for businesses to support financial sustainability and achieve the country’s goal for net zero emissions.
Read MoreUPDATE – South Africa raises its carbon offset allowance, extends timeline for use of older credits
The government of South Africa has increased the carbon offset allowance in its carbon tax, even as it extended the utilisation period for use of older projects until 2028, it announced in a revised budget presented this week.
Read MoreEgyptian aluminium producer strikes clean power deal to soften the EU’s CBAM blow
Egypt’s largest aluminium producer has struck a 25-year deal for renewable power supply, which it says will be instrumental in helping the company meet the requirements of the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreCBAM could cause Ukraine losses of $2.7 billion in investment -study
The EU’s Carbon Border Adjustment Mechanism (CBAM) could lead to a loss of $2.7 billion of investment for Ukraine between now and 2030, according to a study by a Ukrainian-based consulting company published on Wednesday.
Read MoreEU ETS set for supply squeeze, price surge amid structural tightening -investment bank
The EU ETS is set for significant tightening and higher allowance prices from 2026 as emissions caps shrink, free allowances phase out, and the bloc’s Carbon Border Adjustment Mechanism (CBAM) moves to full implementation, according to a large bank’s investment strategy unit.
Read MoreCBAM-covered EU industries could see costs rise by up to 80% in next decade -BCG
Costs could rise up to 80% in the next decade for emissions-intensive industries covered by the EU’s Carbon Border Adjustment Mechanism (CBAM), potentially putting EU producers at a disadvantage, a global consultancy has said.
Read MoreEU energy traders call for more market integration rather than gas market rules
The European Commission should focus on increasing energy market integration, and not interfere too much in how the bloc’s gas markets function, European energy traders have said.
Read MoreCarbon markets need stronger support from development banks -think tank
Domestic carbon markets need more support from public development banks (PDBs) because challenges including limited government commitment, technical capacity shortages, and financial constraints have slowed their adoption, according to a new report from a US-headquartered think tank.
Read More