EU, 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.
Read MoreBrussels to introduce CBAM rules for overseas carbon prices this month -official
The European Commission will introduce new rules this month detailing how it will recognise carbon prices paid in exporting countries, according to a senior official, making it possible for European importers to calculate deductions from their carbon border fees. Â
Read MoreItalian utility reports Q1 boost in EU ETS-covered power generation
An Italian energy company has posted a strong year-on-year rise in gas-fired power in the first quarter of 2026, following a similar path to other European utilities.Â
Read MoreUK energy industry warns of big, costly risks if carbon price is scrapped
Scrapping the UK’s carbon pricing would lead to higher household energy prices and expose British companies to extra EU taxes under the bloc’s border carbon fee, according to the country’s energy industry group.
Read MoreEU will not use international credits to comply with its ETS -top official
The EU’s top climate official ruled out the use of international credits as a compliance tool in the bloc’s Emissions Trading System (ETS), during a panel on Wednesday.
Read MoreEuro Markets: EUAs give up markets-wide spike on Iran news to end day little-changed
EU carbon prices ended marginally higher on Wednesday after a brief spike had driven the market to its highest in nearly three weeks as energy markets swung sharply on reports that the United States and Iran were nearing a peace deal, before EUAs gave back most of their gains.
Read MoreLatest leak of EU ETS free carbon permit benchmarks to maintain structurally tight market -analysts
The leaked European Commission benchmark values that will determine EU ETS free carbon allocations to industry across 2026-30 will tighten volumes by 13% compared to 2021 levels, but see a 3% rise from the prior draft values, analysts have calculated.
Read MoreINTERVIEW: Former top EU climate official pitches MSR as liquidity “buffer” for bloc’s carbon market
The EU Emissions Trading System’s Market Stability Reserve (MSR) should be turned into an active “buffer” – fuelled by international carbon credits and domestic removal units – that can be mobilised to boost liquidity and temper price spikes in the bloc’s carbon market, according to former top climate official Jos Delbeke.
Read MoreEU ETS drives global emissions decline via policy spillovers, with no evidence of carbon leakage -analysis
The EU ETS is delivering emissions cuts well beyond its borders without triggering widespread carbon leakage, according to new research that points to global policy and market spillovers from higher EU carbon prices.
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