INTERVIEW: CO2 to e-methanol project aims to improve outlook for EU steel
An industrial project to decarbonise steel and produce e-methanol aims to improve the competitiveness of Europe’s steel industry and reduce its exposure to the EU ETS.
Read MoreESMA proposes simplified transparency rules for EU carbon allowance trading
The European Securities and Markets Authority (ESMA) has proposed simplifying the transparency regime for EU Allowances under its final report on amendments to MiFIR Regulatory Technical Standards (RTS 2).
Read MoreEuro Markets: EUAs edge higher in narrow range as link to natural gas market stretches
European carbon allowances advanced modestly on Wednesday, loosening their correlation with natural gas prices for a second day as the market accustomed itself to the new front-December contract, while weekly positioning data from the futures exchanges showed speculative traders trimming their bullish bets.
Read MoreEU gives green light to €3-bln French scheme to decarbonise EU ETS industries
The European Commission gave France the go-ahead on Wednesday to disburse €3 billion of state aid in support of decarbonisation efforts from industries covered by the EU’s Emissions Trading Scheme (EU ETS).
Read MoreGermany cuts power sector emissions by 9% as energy use hits record low in 2024 -report
Germany’s energy sector CO2 emissions fell to 188 million tonnes in 2024, a 9% decrease from 2023 and 60% below 1990 levels, according to a new report released on Wednesday.
Read MoreETF holdings slump in 2024 as investors flee EUAs for better-performing assets
Exchange-traded fund holdings of EUA futures have fallen to their lowest in more than three years as an 18-month long slump in prices has driven investors away in search of better returns in other markets, despite forecasts pointing towards a strong rally in carbon starting in 2026.
Read MoreINTERVIEW: CCS is back, but EU policies may be setting it up to fail
The Net Zero Industry Act risks setting the CCUS industry up for failure if the European Commission does not step up to integrate the value chain and regulate CO2 transport, said Rachael Moore, founder of consultancy CarbStrat, in an interview with Carbon Pulse.
Read MorePoland can teach the rest of the bloc how to become a cleantech powerhouse -think tank
Poland can use its Council of the EU presidency next year to help the EU become a global clean tech hub, applying lessons learned from its own success story, a think tank said on Wednesday.
Read MoreEU states hesitant on ETS2 amid worries about auto sector’s future
Several EU nations worry the implementation of a new Emissions Trading System (ETS) for transport and heating fuels, as well as a looming ban on CO2-emitting cars, may harm the bloc’s automotive sector, with more and more hesitations emerging from Tuesday’s Environment Council.
Read MoreSome EU countries push for separate carbon removals target for 2040
EU member states are considering the possibility of setting a specific target for carbon removals in the EU’s new emissions reduction target for 2040, which is due to be negotiated over the course of next year.
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