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UK considering carbon border adjustment mechanism to shield against leakage -env. sec.

Published 22:07 on November 7, 2021  /  Last updated at 22:54 on November 8, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS, International, UK ETS  /  No Comments

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.

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German domestic CO2 price should double because transport emissions going in “wrong direction” -env. agency boss

Published 23:02 on November 5, 2021  /  Last updated at 01:09 on November 6, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

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.

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COP26: Roundup for Day 5 – Nov. 5

Published 07:41 on November 5, 2021  /  Last updated at 21:49 on November 13, 2021  /  Africa, Americas, Asia Pacific, Australia, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

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.

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COP26: Poland keeps 2049 coal exit date despite pledge, market projections

Published 22:09 on November 4, 2021  /  Last updated at 22:09 on November 4, 2021  /  CBAM, Climate Talks, EMEA, International  /  No Comments

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.

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COP26: Steel decarbonisation rises on int’l agenda as border measures eyed

Published 22:04 on November 4, 2021  /  Last updated at 22:04 on November 4, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, US  /  No Comments

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.

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COP26: Roundup for Day 4 – Nov. 4

Published 07:22 on November 4, 2021  /  Last updated at 21:49 on November 13, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

Day 4 of COP26 in Glasgow is Energy Day, while delegates continue technical negotiations on all issues in closed sessions.

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COP26: Roundup for Day 3 – Nov. 3

Published 13:35 on November 3, 2021  /  Last updated at 21:49 on November 13, 2021  /  Africa, Americas, Asia Pacific, Australia, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, US, Voluntary Market  /  No Comments

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.

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COP26 – ANALYSIS: EU’s carbon border plans test alliance with poorer nations

Published 14:53 on November 2, 2021  /  Last updated at 14:53 on November 2, 2021  /  Africa, CBAM, Climate Talks, EMEA, EU ETS, International  /  No Comments

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.

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COP26: Roundup for Day 2 – Nov. 2

Published 13:52 on November 2, 2021  /  Last updated at 21:49 on November 13, 2021  /  Africa, Americas, Asia Pacific, Australia, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

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.

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US, EU strike metals tariff deal viewed as move towards sectoral climate ‘club’

Published 21:19 on November 1, 2021  /  Last updated at 21:19 on November 1, 2021  /  Americas, Carbon Taxes, CBAM, EMEA, EU ETS, US  /  No Comments

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.

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