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Key EU lawmaker plans to propose steps to curb carbon market “manipulation”

Published 17:16 on January 14, 2022  /  Last updated at 17:58 on January 14, 2022  /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS  /  No Comments

The EU lawmaker steering ETS reform is working on measures to prevent carbon market “manipulation”, he said on Friday, vowing to ensure such steps don’t punish companies with emissions obligations.

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EU industry slams parliamentary proposals for quicker CBAM phase-in

Published 18:02 on January 13, 2022  /  Last updated at 14:02 on January 14, 2022  /  Carbon Taxes, CBAM, EMEA, EU ETS, International  /  No Comments

The European cement industry has reacted strongly against calls for EU carbon border measures to more quickly replace the sector’s free allocation of EU ETS allowances, arguing that this would strike a fatal blow against the competitiveness of the bloc’s producers.

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Lead EU lawmaker proposes changes to ETS reforms -leaked draft

Published 19:40 on January 12, 2022  /  Last updated at 18:57 on January 13, 2022  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

Shipping, buildings, and road transport should be included in ETS programmes a year earlier than originally planned, according to a leaked EU Parliament draft on carbon market reform seen by Carbon Pulse on Wednesday that also seeks sweeping changes to free allocation and the addition of a whole new sector. 

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Carbon Pulse increases European, voluntary carbon market coverage with new hire

Published 23:56 on January 11, 2022  /  Last updated at 23:56 on January 11, 2022  /  Africa, Americas, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, Climate Talks, Conversations, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, REDD, RINs & LCFS, South & Central, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

Carbon Pulse is enhancing its coverage of the European and voluntary carbon markets with another new hire.

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ANALYSIS: A potent force – making a market for methane emissions

Published 23:05 on January 11, 2022  /  Last updated at 23:17 on January 11, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, CBAM, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Methane emissions concentrations in the atmosphere reached all-time highs in 2021 along with most other greenhouse gases, but with limited upstream regulation at oil and gas operations, product labelling and certificate trading are building momentum as an additional way of curbing the potent discharges.

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MARC(U) MY WORD: Addressing “crunch issues” in the EU CBAM

Published 16:59 on January 11, 2022  /  Last updated at 22:02 on January 11, 2022  /  CBAM, Conversations, EMEA, EU ETS, Views  /  No Comments

Mohammed Chahim MEP’s draft report on the EU’s proposed carbon border adjustment mechanism (CBAM) takes a more aggressive stance and places greater focus on achieving the EU target on climate change, but seems less concerned about impacts on competitiveness of EU industry and the resulting risk of emissions leakage to third countries, argue Andrei Marcu, Michael Mehling, and Aaron Cosbey of think-tank ERCST.

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ECB member seeks efforts to curb inflationary impact while keeping green deal on track

Published 18:10 on January 10, 2022  /  Last updated at 01:05 on January 11, 2022  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

Persistently high energy prices risk leading to unsustainable inflation that may push the European Central Bank (ECB) to raise its initial forecasts, ECB board member Isabel Schnabel said on Saturday, stressing that the bloc’s climate policies likely mean high energy values will linger or even increase further.

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EU lawmakers pick up pace on ETS reforms in new year

Published 19:37 on January 7, 2022  /  Last updated at 01:00 on January 8, 2022  /  CBAM, EMEA, EU ETS  /  No Comments

EU Parliamentarians are set to table key ideas for ETS reforms in the coming weeks, with a senior MEP this week recommending sticking to plans to maintain the supply-regulating MSR current 24% annual absorption rate.

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MARC(U) MY WORD: Key issues in EU ETS review

Published 18:06 on January 5, 2022  /  Last updated at 01:12 on January 6, 2022  /  Carbon Taxes, CBAM, Conversations, EMEA, EU ETS, Views  /  No Comments

Observers and stakeholders generally agree that the revision to the EU ETS needs to ensure that the transition results in a prosperous and decarbonised, but not deindustrialised Europe.

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Key EU lawmaker seeks quicker introduction of carbon border measures

Published 15:45 on January 5, 2022  /  Last updated at 15:36 on January 6, 2022  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The EU’s proposed Carbon Border Adjustment Mechanism (CBAM) should fully replace free EUA allocations by no later than 2028 if the bloc is serious about meeting its 2030 climate goals, the European Parliament’s lead lawmaker on the issue said in a draft report on Wednesday.

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