UK considering carbon border adjustment mechanism to shield against leakage -env. sec.
The UK is following the EU’s lead and is considering a carbon border adjustment mechanism to protect industry from carbon leakage, the country’s environment secretary said Sunday.
Read MoreGerman domestic CO2 price should double because transport emissions going in “wrong direction” -env. agency boss
Germany’s domestic carbon price should be at least doubled from 2022 as the country’s transport emissions are “heading in the wrong direction”, the German environment agency’s boss has said.
Read MoreCOP26: Roundup for Day 5 – Nov. 5
Delegates at COP26 in Glasgow are nearing the end of the first week, but with everything still in play on issues such as the future of carbon markets.
Read MoreCOP26: Poland keeps 2049 coal exit date despite pledge, market projections
Poland’s climate minister Anna Moskwa on Thursday confirmed that her country has no intention to bring forward its 2049 coal exit date despite signing on to a global pledge to consign the fuel to history.
Read MoreCOP26: Steel decarbonisation rises on int’l agenda as border measures eyed
High-level initiatives promoting ‘near-zero steel’ at COP26 talks this week have helped shift discussions away from technology-agnostic emissions targets, with a growing club of supportive nations showing signs of a parallel push to impose border measures on dirtier producers.
Read MoreCOP26: Roundup for Day 4 – Nov. 4
Day 4 of COP26 in Glasgow is Energy Day, while delegates continue technical negotiations on all issues in closed sessions.
Read MoreCOP26: Roundup for Day 3 – Nov. 3
With heads of state now largely gone, day 3 of COP26 in Glasgow turns its attention to finance while officials get busy in closed-session technical negotiations.
Read MoreCOP26 – ANALYSIS: EU’s carbon border plans test alliance with poorer nations
The EU’s proposed carbon border adjustment measure (CBAM) risks straining the bloc’s alliance with the world’s poorest nations as COP26 UN talks kicked off in Glasgow this week, with lawmakers considering ways of appeasing their partners while keeping the flagship climate measure.
Read MoreCOP26: Roundup for Day 2 – Nov. 2
Heads of state are still delivering national statements at Day 2 of COP26 in Glasgow, while a full programme of side-events is now underway and technical negotiations on agenda items go on behind the scenes.
Read MoreUS, EU strike metals tariff deal viewed as move towards sectoral climate ‘club’
The US and the EU on Sunday agreed to end Trump-era tariffs on steel and aluminium and vowed to work towards a broader global arrangement that would penalise countries that don’t meet low-carbon targets.
Read More