EU considering extending ETS to international flights -FT
The European Commission is weighing an extension of the EU’s Emissions Trading System (ETS) that would extend carbon costs to international flights departing the bloc, not just those travelling within Europe, according to the Financial Times.
Read More“Don’t mess with EU ETS”, climate campaigners warn
Campaigners have urged Brussels to resist growing political pressure to dilute the EU Emissions Trading System (ETS), warning that weakening the bloc’s flagship carbon market in the name of industrial competitiveness would undermine two decades of decarbonisation efforts just as the system “is finally working somewhat”.
Read MoreBrussels sticks to ‘fallback’ EU ETS benchmark cuts, but promises new sub-categories to help industry
The European Commission is proposing to maintain the highly-contested steep cuts in general ‘fallback’ categories for the benchmark values used to determine the number of free EU ETS allowances handed to industries, and confirmed that it will provide an extra €4 billion worth, mainly to the chemical sector.Â
Read MoreEuro Markets: EUAs up nearly 2% week-on-week as oil, gas strengthen
European carbon prices were flat in thin Friday trading to end the week 1.9% above last week’s settlement, as energy markets rose following reports of Iran and the US exchanging fire in the early hours of the morning.
Read MoreBRIEFING: Green ‘conditionality’ on ETS revenue spending will be cornerstone of EU carbon market reform, official says
The European Commission will put green conditionality on revenue spending at the heart of the upcoming reform of the EU’s Emissions Trading System (ETS), a senior official has said, as Brussels and member states prepare for a high-stakes political battle over financial support for industrial decarbonisation.
Read MoreBRIEFING: China calls EU carbon border fee “not helpful for developing countries”
China’s ecology and environment vice minister, Li Gao, has called the EU’s Carbon Border Adjustment Mechanism (CBAM) “not correct” and “not helpful for developing countries”, saying it seeks to impose a global carbon price on other nations.
Read MoreRecord aviation emissions bolster case for wider EU ETS, report says
European aviation emissions rose to a record high in 2025 while airlines avoided more than €8.5 billion in emissions costs, strengthening the case for extending the EU’s Emissions Trading System (ETS) to all departing flights, according to a report published Friday.
Read MoreBRIEFING: EU mulls new body to centralise purchase of Article 6 credits
The European Commission is considering creating a new body or agency to centralise the purchase of international carbon credits issued under the Paris Agreement and ensure they meet the EU’s extensive quality criteria.
Read MoreEU, China, Brazil, hold first meeting of compliance carbon markets coalition
The first meeting of the Open Coalition on Compliance Carbon Markets took place on Thursday, with the EU and Brazil’s top climate officials telling Carbon Pulse the initiative aims to reduce fragmentation among emissions trading systems worldwide and boost the uptake of carbon pricing.
Read MoreEuro Markets: EUAs and equities ease lower as markets wait for news from Iran-US peace negotiators
European carbon prices eased lower in line with losses for European equities on Thursday, with traders noting that the market had entered a holding pattern as it waited for news to filter out about negotiations between the US and Iran to end the war in the Middle East.
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