COP30: Fossil fuels out, adaptation in after “stormy” politics leave a mixed Belem bag
Countries failed to strengthen international efforts to drive an energy transition after two fraught weeks of COP30 negotiations, beyond doubling down on an existing 2023 pledge, agreeing to speed up decarbonisation targets, and reaffirming last year’s goal to boost climate finance.
Read MoreEU lays out detailed rules for the appointment of CBAM verifiers and auditors
The European Commission on Thursday published new rules detailing the competence and independence requirements for verifiers under the EU’s Carbon Border Adjustment Mechanism (CBAM), setting standards for how CBAM auditors and their teams are accredited to check emissions reports for imported goods.
Read MoreInclusion of electricity in EU CBAM is creating more problems than it solves, says think tank
A group of energy policy researchers has called on the EU to postpone, or entirely reconsider, its plan to apply the bloc’s new Carbon Border Adjustment Mechanism (CBAM) to imported electricity starting in Jan. 2026.
Read MoreCOP30: FEATURE – EU insists CBAM is not a “unilateral” measure as criticism pours in
The EU insisted its carbon border fee is not a “unilateral” trade measure on Monday, addressing criticisms from countries such as China that have again brought CBAM to the forefront of multilateral discussions inside the negotiating rooms of COP30.
Read MoreBrussels moves to slash CBAM benchmarks but eases fears of tougher-than-ETS regime, leaked documents show
The European Commission has slashed the emissions benchmarks that will underpin the EU’s Carbon Border Adjustment Mechanism (CBAM) from 2026, according to draft documents seen by Carbon Pulse, unveiling proposed values that sharply tighten the carbon costs facing importers while stopping short of the ultra-strict regime many in industry had braced for.
Read MoreEU will reject India’s request for CBAM exemption -media
The European Union is preparing to turn down India’s push for an exemption from the bloc’s incoming carbon border levy next year, which could complicate efforts to conclude a free-trade agreement between the two economies.
Read MoreINTERVIEW: CBAM speeds up decarbonisation, but hinders electricity market coupling with Eastern Europe
The EU’s upcoming Carbon Border Adjustment Mechanism (CBAM) is pushing Eastern European countries to decarbonise and adopt their own CO2 border fees. However, CBAM also poses a barrier to linking their power markets with that of the EU unless they meet exemption conditions, an expert said.
Read MoreBRIEFING: EU to release MRV guidance for carbon tariff compliance “early next year” as OECD seeks harmonised global rules
The European Commission will release guidance “early next year” for monitoring, reporting, and verification (MRV) of greenhouse gas emissions under the EU’s Carbon Border Adjustment Mechanism (CBAM), an EU official has said.
Read MoreEU CBAM coalition urges European Commission not to cave in to watering down pressures
A coalition of organisations and businesses have written to the European Commission on Friday urging them not to water down the EU’s carbon border fee before it kicks in financially next year, amid increasing pressure from some companies and countries to do so.
Read MoreCOP30: US democrat offers hope for bipartisan carbon tariff
The only representative of the US federal government to attend the international climate conference in Belem told a full audience on Saturday that the Senate is making progress on a bipartisan carbon pricing scheme.
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