Compliance-driven demand for carbon credits to rise fivefold by 2030 -report
Global demand for compliance-grade carbon credits is set to increase more than fivefold by the end of the decade as countries operationalise Article 6 of the Paris Agreement, according to a report released last week.
Read MoreBRIEFING: India urged to liberalise carbon market, accelerate Article 6 projects ahead of COP30 amid industry concerns
India should open up its emerging carbon market and must move quickly to operationalise projects under Article 6 of the Paris Agreement, a veteran climate negotiator said, arguing that the country’s strong progress towards its 2030 emissions goals leaves space to sell credits abroad.
Read MoreCFEL25: Warsaw welcomes EU steel tariffs as boost for industry’s green shift
The European Commission announced new steel tariffs on Tuesday, saying they will protect EU manufacturers from dumped imports in the transition towards green steel production – and prompting positive reactions in Poland.
Read MoreCommission intends to publish ‘provisional’ EU CBAM benchmarks this year
The European Commission intends to adopt provisional benchmarks for its Carbon Border Adjustment Mechanism (CBAM) this year based on historical data, with the benchmarks finalised in 2026.
Read MorePOLL: Analysts see strong growth for UKA prices as linkage speculation remains key driver
Analysts continue to focus on the prospects for linkage between the UK and EU Emissions Trading Schemes as the main near-term price driver for UK Allowances, submitting bullish 2026 price forecasts in Carbon Pulse’s latest quarterly poll.
Read MoreUK opposition party pledges to scrap “carbon tax”, abolish wind power subsidies
The UK opposition Conservative Party has said it would slash energy bills 20% by scrapping the country’s “carbon tax” and abolishing public wind farm funding if it enters government at the next election.
Read MoreINTERVIEW: Norwegian companies struggling to prep for EU rules amid ongoing revisions
Norwegian companies are struggling to prepare for incoming EU climate regulations such as the border carbon fee and corporate sustainability reporting requirements, with consultants warning that ongoing changes and delays are creating confusion and undermining investment planning.
Read MoreUK, EU poised to strike agreement on temporary CBAM exemptions for industry -media
Brussels and London are moving towards an agreement that would shield British businesses from the immediate impact of the European Union’s carbon border levy, the Guardian reported Thursday.
Read MoreFrance ties EU 2040 climate goal to industrial plan, early CBAM reform
France’s support for the EU’s proposed 2040 climate target is conditional on a set of industrial safeguards, including a swift reform of the bloc’s Carbon Border Adjustment Mechanism (CBAM), according to a position note circulated by Paris.
Read MoreMalaysia targets carbon pricing in green steel roadmap
The Malaysian government has unveiled its steel industry roadmap, laying out a three-phase plan to decarbonise one of the country’s most energy-intensive sectors and prepare for a future carbon tax regime.
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