Employers’ group urges EU to ‘reconsider’ phase out of free ETS allowances
BusinessEurope, an umbrella group representing national employer’s organisations, has called on policymakers to “reconsider” the planned phase out of free allowances under the EU’s Emissions Trading System (EU ETS), saying Europe should “be prepared” in case its new carbon border tariff scheme fails to deliver.
Read MoreETS, CCS collaboration should be on the table at Starmer-von der Leyen summit -think tank
A UK and EU ETS tie-up, as well as enhanced collaboration on carbon capture and storage (CCS), are among a number of policies that a think tank has recommended for discussion when UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen meet on Wednesday.
Read MoreBRIEFING: Brazil looks to ammonia, tech opportunities as carbon pricing goes global
Brazil’s renewable energy-based grid stands ready to ratchet up economic growth in a world entering the age of carbon border tariffs and a tech scramble for low-carbon electricity.
Read MoreBrussels considers extending CBAM downstream to crack down on carbon leakage
The European Commission is looking into extending its Carbon Border Adjustment Mechanism (CBAM) to imports of goods further down the value chain, in a bid to keep downstream manufacturing and processing from leaving the EU.
Read MoreDATA DIVE: EU industrial demand destruction continues in 2024
Industrial emission levels in the EU are plunging to new lows in 2024 as weak output has continued to reduce demand for EUAs in a major way more than two years after the energy crisis triggered by Russia’s invasion of Ukraine.
Read MoreANALYSIS: China steel sector braces for carbon market, capacity policies
The decarbonisation progress of China’s steel industry in the coming few years will likely hinge on recent regulatory developments, including the expansion of the national carbon market, according to experts.
Read MoreINTERVIEW: ‘We never liked CBAM’ – Europe’s aluminium industry rails against EU green trade policies
The aluminium industry is grappling with implementation headaches linked to the EU’s Carbon Border Adjustment Mechanism (CBAM) just as Europe is being flooded by cheap aluminium imports from China, amid general indifference from EU trade authorities, the sector’s business association told Carbon Pulse in an interview.
Read MoreEU CBAM transition period not long enough for Western Balkan power exporters to comply, says expert
The transition period for the implementation of CBAM, which runs until 2026, is not long enough for Western Balkan electricity traders to devise new export strategies to the EU, even if the Commission changes its criteria to make it easier for low-carbon exporters to be recognised, according to an expert on the matter.
Read MoreScope of EU ETS expected to broaden out from 2026 -report
In the coming years, the EU’s Emissions Trading System could incorporate new sectors and be extended to neighbouring countries like Ukraine or tied up with the UK, according to research published on Thursday.
Read MoreINTERVIEW: EU’s default emissions factors should be “avoided at all cost” by private sector
EU default values that convert business spend into Scope 3 emissions are outdated, inaccurate, and “need to be avoided at all costs” for firms doing mandatory reporting, according to the head scientist at a proprietary emissions factor database.
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