Carbon capture could have huge climate impact for cement sector -report
Cement decarbonisation technologies, including carbon capture, supplementary cementitious materials, and alternative fuels could help the sector cut an extra 422 million tonnes of CO2 emissions over the next decade, according to a new report.
Read MoreEU needs to set permanent carbon removal targets in its next climate goal, experts say
The EU needs to include legally binding targets for permanent carbon removals in its climate goals for 2030-40, experts said this week.
Read MoreEU-UK should align on carbon pricing, CCS to build thriving clean tech hub -report
The EU and UK should explore linking their emissions trading systems and cooperate on cross-border carbon capture and storage (CCS) under efforts to form a resilient clean tech hub on the global stage, an industry body said on Tuesday.
Read MoreIndustry groups want CBAM registry to be as transparent as EU ETS
The new registry containing information about importers of goods covered by the EU’s new carbon border fee should be as transparent as its ETS registry, a group of European business association have told the European Commission.
Read MoreEU timeframe for approval of applications to import CBAM goods is too long, industry groups say
The EU is proposing too long a timeframe for the approval of applications from companies looking to import goods subject to the Carbon Border Adjustment Mechanism (CBAM), according to feedback from industry associations and governments.
Read MoreEuropean carbon prices to remain stable this winter, pick up in 2025 -analysts
European carbon prices are likely to experience a relatively stable winter, with downside potential in the case of above-average temperatures, according to analysts at a bank.
Read MoreArcelorMittal freezes green steel projects in Europe, waits for EU policy guidance
Europe’s largest steelmaker, ArcelorMittal, announced on Tuesday it had frozen final investment decisions over its ongoing decarbonisation projects on the continent until the company has “full visibility” on the EU policy environment.
Read MoreTurkiye launches industrial decarbonisation platform, targets $5 bln by 2030
Turkiye has unveiled a new industrial decarbonisation investment platform that targets $5 billion in funding by 2030 to cut over 20 million tonnes of carbon emissions annually.
Read MoreBRIEFING: UK could face hefty export tax on electricity under EU’s CBAM
The UK risks facing a tax on electricity exports to the EU in the range of £40-50 (€43-55) per megawatt-hour under the bloc’s Carbon Border Adjustment Mechanism (CBAM), experts told a webinar Friday about the UK’s need for electricity market reform.
Read MoreCOP29: New climate finance goal proposal offers $250 bln by 2035
A new climate finance goal of $250 billion by 2035 was proposed in a draft presidency text published on Friday at COP29, falling well below the $1.3 trillion figure requested by developing nations, while provisions that would encourage carbon markets were deleted.
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