BRIEFING: Ceramics industry rings the alarm over EU carbon cost inflation
The European ceramics industry has warned of looming 30-40% cost inflation driven by rising energy and CO2 prices, calling for “emergency measures” to keep production in Europe as hundreds of small businesses struggle to meet their obligations under the EU Emissions Trading Scheme (ETS).
Read MoreBRIEFING: Low Quebec carbon price only possible through linkage with California, officials say
Quebec’s carbon market would face prices as high as C$250-300 ($178-214) per tonne without its linkage to California, government officials said during a webinar.
Read MoreBRIEFING: Clear policy trajectory needed to drive demand in Japan GX-ETS
Sentiment in Japan’s mandatory emissions market over the coming years will largely hinge on the details of exact market design, including the setting of the price floor and banking rules, a conference heard Wednesday.
Read MoreBRIEFING: Huge sovereign forest carbon deals go dark as Dubai-based Blue Carbon slips into the shadows
A series of high-profile sovereign forest carbon project agreements covering vast swathes of land, struck between Dubai-based Blue Carbon LLC and multiple developing nation governments in 2023-24, have stalled or could now be void as the company appears to have ceased operations, according to sources and media reports.
Read MoreBRIEFING: Australian feed-additive company to use IPO to pressure govt on ACCU method
A prominent Australian feed additive company will use its public listing as a way to pressure the government to ensure its methane abatement technology is recognised under the country’s carbon credit scheme, its CEO told an investor webinar on Monday.
Read MoreBRIEFING: Canada-Alberta deal targets minimum C$130/t price for TIER market, weakens climate policies
A new Canada-Alberta deal would the country suspend net zero power regulations for its largest oil-producing province in trade for strengthening its largest carbon market.
Read MoreBRIEFING: Vegetable oil biodiesel sometimes offers little climate benefits
Biodiesel and renewable diesel produced from vegetable oils can deliver little or no net greenhouse gas benefit compared to fossil diesel in some instances, and in some cases perform worse, an expert said during a webinar on Friday.
Read MoreBRIEFING: EU eyes electrification to decarbonise industry, with potential for load shedding
The European Commission is exploring electrification as a key tool to decarbonise industry, with clear candidates including the food and beverage sector, the paper industry, and some non-ferrous metals such as aluminium, which can adjust their consumption to match fluctuations in renewable power generation.
Read MoreBRIEFING: ASEAN’s clean energy targets at risk as policy gaps slow transition, experts warn
Southeast Asia risks slowing its clean energy transition despite rising investor interest and growing corporate demand, experts have warned, even as governments across the region continue to set higher renewable energy targets.
Read MoreCOP30: BRIEFING – NZ minister’s speech trumpeting climate action ‘gaslighting’ -observers
New Zealand’s climate minister Simon Watts took to the stage in Belem calling for COP30 to ensure the world keeps the 1.5C goal alive, however NGOs and experts back home derided his remarks following a series of policy changes that have weakened the country’s climate ambitions.
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