Malaysia to establish emissions trading scheme, guidelines for voluntary carbon market
Malaysia will develop a domestic emissions trading scheme and draft guidelines to set up a voluntary carbon market, its environment minister said over the weekend.
Read MoreCARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities
The sixth instalment of Carbon Forward – the premier annual environmental markets conference – is back, and it’s stacked with a first-class line-up of speakers to discuss the global boom in carbon credit prices, as well as government- and corporate-led efforts to scale up these markets.
Read MoreEuropean steelmakers risk stranded assets within years as emissions budget nears exhaustion -report
European steelmakers must accelerate their low-carbon transition as their emissions budget to 2050 nears exhaustion, according to a report published Tuesday that found Turkish and former Soviet producers most at risk of holding stranded assets.
Read MoreEnergy price spike no reason to let climate plans slip, says EU climate chief
Sky-high European energy prices must not get in way of the EU’s climate action but rather spur the bloc to accelerate the low-carbon transition, EU climate chief Frans Timmermans told the European Parliament on Tuesday.
Read MoreEU lawmakers wary of CO2 cost hit to poor people, urge speedier end to free allocations
A proposed new European carbon market for buildings and transport could hit the poorest the hardest, MEPs said in a hearing on Thursday, with several calling for a faster phaseout of free EU carbon allocations for industry and airlines under the bloc’s main ETS.
Read MoreEU carbon and natural gas prices likely to de-link in coming months -analyst
European carbon and natural gas prices are likely to diverge in the coming months, as gas supply improves and the surplus of EU emissions allowances shrinks, according to an analyst.
Read MoreLeaving methane out of EU CBAM a missed opportunity -analyst
The EU has missed a crucial opportunity to include coal mine methane under its proposed carbon border adjustment mechanism (CBAM).
Read MoreMEPs jostle for key EU climate policy files as ETS reform process kicks off
EU lawmakers are jostling to gain control of the European Parliament’s scrutiny of the mammoth ‘Fit for 55’ climate package, with the centre-right EPP political group set to steer the main EU ETS reform elements.
Read MoreCarbon Pulse bolsters best-in-class reporting team with two more expert hires
(Free read) – Carbon Pulse has significantly strengthened its best-in-class news reporting team by bringing aboard two more expert hires – one previously the lead energy analyst with The Economist Intelligence Unit (EIU), and the other a lead negotiator for Article 6 of the Paris Agreement.
Read MoreEU CBAM to have only minor impact on trade -study
A carbon border adjustment mechanism (CBAM) imposed by the EU on its trading partners will only have a minor effect on European imports, a study has found.
Read More