Thailand’s cabinet approves carbon tax on fossil fuels
The cabinet of Thailand on Tuesday approved its plan to impose a carbon tax on oil and other petroleum products in an effort to reduce the country’s greenhouse gas emissions.
Read MoreINTERVIEW: EU could accept Article 6 credits for CBAM, ETS — if they’re strong enough, says ex-top official
The EU could accept international carbon units in its Carbon Border Adjustment Mechanism (CBAM), ETS, or ETS2 schemes — as long as the credits are of a high enough quality, according to a former top climate official.
Read MoreCBAM fees expected to bite into Ukrainian GDP, causing job losses
The EU’s Carbon Border Adjustment Mechanism (CBAM) fee could cause Ukraine to lose 6.4% of its GDP by 2030 due to a drop in export volumes and job losses, according to Ukrainian analysis.
Read MoreFEATURE: EU may lose out on US LNG imports under Trump, prompting a rethink
LNG trade may cease to be a bargaining chip in relations between Brussels and Washington under the next Trump administration, forcing the EU to rethink its energy transition plans for the coming years, according to experts.
Read MoreCARBON FORWARD MIDDLE EAST: FEATURE – Compliance emissions pricing measures take root in the Gulf
Multiple gulf states have adopted domestic greenhouse gas (GHG) emissions pricing or reporting schemes over the past year, reflecting coordinated efforts to reduce the carbon intensity of their economies, market participants said at Carbon Forward Middle East in Abu Dhabi.
Read MoreEx-Polish minister proposes massive EU fund to sustain clean industries
The EU should create a new fund to stave off the existential threat of Chinese and American competition while moving closer to the bloc’s climate neutrality objectives, according to former Polish Climate Minister Marcin Korolec.
Read MoreYara urges EU support for exports of CBAM-covered fertilisers
The EU carbon market is putting European fertiliser producers at a “double disadvantage” compared to Russia and the US, which have access to cheap energy, don’t pay for CO2 emissions, and won’t pay the full cost of the EU’s Carbon Border Adjustment Mechanism (CBAM) until 2034, said Yara CEO Svein Tore Holsether.
Read MoreCARBON FORWARD MIDDLE EAST: Top 5 trends shaping MENA carbon markets in 2025
The Middle East and North Africa (MENA) represent a small but increasingly dynamic segment of international carbon markets, with five trends from the past year defining regional engagement.
Read MoreEU car industry “hopeful” CBAM concerns will be addressed
Manufacturers have cited lack of access to accurate emissions data along the auto industry’s complex supply chain as well as administrative challenges among a range of factors hampering the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreINTERVIEW: German industry laments climate policy paralysis as CBAM fees approach
As Europe prepares for the rollout of new carbon regulations, Germany’s industrial sector faces mounting uncertainty due to delays in implementing climate policies.
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