EU must manage social impacts of carbon pricing, business group warns
A briefing released today by the Corporate Leaders Group (CLG) Europe following EU elections earlier this month, makes the case for a “social deal” and an “industrial deal” alongside the Green Deal, to manage the transition to a net-zero economy.
Read MoreEU-China agree to cooperate on emissions trading
The EU and China agreed on Wednesday to cooperate in promoting emissions trading as an effective tool for reaching net zero emissions, as part of a wider pact to work together during a high-level environment and climate dialogue in Brussels.
Read MoreDATA DIVE: The European countries set to capitalise on demand for carbon storage
Certain European countries blessed with geographical advantages can expect to reap significant rewards as demand for carbon storage heats up this decade.
Read MoreEU nations call to tweak how ETS is applied to shipping sector to avoid carbon leakage
Spain, backed by a number of EU countries, has proposed tweaking how the ETS is applied to the maritime sector to avoid carbon leakage, and urged the UN shipping body to adopt greenhouse gas emissions measures to avoid regulatory fragmentation.
Read MoreHuge REDD carbon project planned in Mozambique
A large REDD voluntary carbon project that will span 4 million hectares has been given the go-head by the government of Mozambique.
Read MoreBRIEFING: Trade, consumption, and GHG pricing to drive EU national carbon footprints
The EU’s carbon footprint may appear to be shrinking, but that is at least in part because calculations are focused on emissions from production inside the bloc rather than more far-reaching emissions from consumption, according to a study published this week.
Read MoreRecycling shifts focus away from effective ways to tackle plastic crisis -report
Industry promotion of recycling through instruments like plastic credits distracts from the urgent need to reduce overall production, with less than 10% of plastic recycled globally, according to a sustainable finance think-tank.
Read MoreCarbon removals registry partners with multiple marketplace platforms
A carbon removals registry has teamed up with over 10 platforms to expand the reach of its credits in a bid to drive sales to new buyers, it announced Wednesday.
Read MoreCDP climate disclosures rising, but full transparency still a challenge
A quarter of companies disclosed climate transition plans in line with a 1.5C limit in 2023, up by 44% compared to the previous year, climate disclosure non-profit CDP announced Wednesday.
Read MoreFuelled by California’s LCFS, US renewable diesel growth is shifting global feedstock market -report
California’s Low Carbon Fuel Standard (LCFS), followed by federal incentives for biomass-based fuels production, has spurred renewable diesel (RD) production in the US and consequently transformed the global feedstock trade landscape, according to the country’s Department of Agriculture (USDA).
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