CFEL24: EU industry may never recover from two-year slump -analysts
There is a real chance that EU industry never recovers from its current output slump, in what could be a major drag on the European carbon price over the next decade, analysts told Carbon Forward Expo London 2024 last week.
Read MoreCanada must harmonise carbon markets to reduce compliance costs, channel more decarbonisation investments -report
A Canadian research group published on Wednesday a report tracking carbon pricing in the nation, highlighting pathways to harmonise its nine industrial carbon markets, in order to remove interprovincial trade barriers and reduce compliance costs.
Read MoreUS ELECTIONS PREVIEW: Next US administration to determine future path of domestic, international environmental policy focus
With under a month to US elections, Carbon Pulse’s North American team has sourced insights from a wide network of policy analysts and industry stakeholders on some of the key environmental issues potentially at stake depending on which candidate occupies the White House next year.
Read MoreCFEL24: Delayed industrial hedging defers EU carbon price hike, traders say
How and when industrials start hedging allowances on the EU ETS will be key to price dynamics, but that behaviour may be delayed depending on the enforcement of the Carbon Border Adjustment Mechanism (CBAM), according to industry traders who spoke on Wednesday at the Carbon Forward conference in London.
Read MoreCFEL24: Investors call for detailed data to mitigate risks as EU ETS free allocations shrink
Investors want detailed data and long-term investment strategies to navigate future carbon pricing scenarios, as they prepare to work in a context with fewer free allowances in compliance markets.
Read MoreTaiwan plans to introduce domestic version of CBAM next year, minister says
Taiwan is planning to introduce its own version of a carbon border adjustment mechanism (CBAM) as a supplementary measure to an upcoming carbon levy programme.
Read MoreBRIEFING: All the new climate initiatives to expect from the European Commission’s next five-year term
The new European Commission has a wide range of climate initiatives in store for the next five years – as President Ursula von der Leyen keeps climate change at the heart of her second mandate while shifting the focus to implementation and industrial policy, according to the mission letters she sent to her team of commissioners-designate.
Read MoreFEATURE: ‘Panic’ as EU’s new green product reporting rules come into effect
Manufacturers across the globe are bracing for new ecodesign reporting obligations in Europe, with full disclosure of the carbon content and wider environmental footprint of products soon becoming obligatory for any company placing goods on the EU market.
Read MoreEmployers’ group urges EU to ‘reconsider’ phase out of free ETS allowances
BusinessEurope, an umbrella group representing national employer’s organisations, has called on policymakers to “reconsider” the planned phase out of free allowances under the EU’s Emissions Trading System (EU ETS), saying Europe should “be prepared” in case its new carbon border tariff scheme fails to deliver.
Read MoreETS, CCS collaboration should be on the table at Starmer-von der Leyen summit -think tank
A UK and EU ETS tie-up, as well as enhanced collaboration on carbon capture and storage (CCS), are among a number of policies that a think tank has recommended for discussion when UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen meet on Wednesday.
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