Malaysian govt to incorporate state’s carbon trading bill into federal law
The Malaysian federal government has agreed to integrate the state of Sarawak’s carbon trading bill as part of the federal law which will be presented before Parliament for approval, according to local media reports.
Read MoreCarbon markets could support CCS development, but more is needed -report
Carbon markets could support carbon capture and storage (CCS) work but hurdles remain, such as return on investment, buyer appetite, and incentivising the entire chain including transport, according to a report released this week.
Read MoreCarbon accounting firm launches product to help metals and energy firms disclosure supply chain emissions
A carbon accounting platform has unveiled a solution aimed at helping corporates in the metals and energy sectors disclose supply chain emissions for both compliance and voluntary purposes, including for the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreInternational steel competitors may reserve low-carbon products for EU to bypass CBAM -industry
International competitors of the European steel industry may bypass the bloc’s Carbon Border Adjustment Mechanism (CBAM) fees by building specific low-carbon facilities whose products will be reserved for the EU market, the head of a regional association said on Tuesday.
Read MoreUPDATE – EU industrial heavyweights outline green priorities for next European Commission
Germany, France and Italy spelt out their industrial policy priorities for the next European Commission on Monday, with a heavy emphasis on measures to defend the EU’s clean tech sector against US protectionism and Chinese dumping.
Read MoreUS economist raises social cost of carbon to $225/tonne
One of the key architects of the ‘social cost of carbon’ (SCC) price on climate impacts has released new projections judging that it now sits at $225/tonne CO2 – higher than earlier estimates, including those of the US Environmental Protection Agency (EPA).
Read MoreArgentina set on carbon markets but other Latin American countries falter -analysts
Argentina’s new government is pursuing voluntary and compliance carbon markets by any means possible, but other Latin American countries are struggling to operationalise adequate legal and technical infrastructure, according to regional experts on a webinar.
Read MoreEU export credit policies lag behind on climate goals -report
EU member states are still lagging behind on reflecting Paris Agreement goals in export credit policies in what is a disregard for the climate decision they made two years ago, a report showed on Thursday.
Read MoreUPDATE – EU ETS free allocation rules adopted, hailed as “win-win for climate and business”
New rules on the free allocation of carbon pollution permits under the EU ETS became law on Thursday with their publication in the Official Journal of the European Union.
Read MoreGreek ministers hint climate action will succumb to economic needs
Greece is expected to submit a not-so-ambitious climate plan, giving in to fears that its economy will not be able to sustain a fast decarbonisation, according to officials.
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