India’s green steel ambitions falter as capital lags, emissions intensity worsens -report
Indian steelmakers have been setting ambitious climate targets, but a recent report found that failure to back those goals with capital spend is leaving the sector lagging global peers on decarbonisation efforts, even as emissions intensity worsens.
Read MoreLetting Article 6 credits into EU ETS, CBAM risks sending carbon revenues overseas, coalition warns
A coalition of clean technology early movers is calling on the EU to keep international carbon credits out of the Emissions Trading System (ETS) and Carbon Border Adjustment Mechanism (CBAM), and to stick to the current trajectory for the phaseout of free allowances for CBAM-covered sectors.
Read MoreBrussels to speed up verification of Ukraine’s EU CBAM emissions -minister
The European Commission has agreed to accelerate the verification of emissions embedded in Ukrainian exports subject to the EU’s Carbon Border Adjustment Mechanism (CBAM) to relieve pressure caused by the country’s war with Russia, a minister said this week.
Read MoreUK govt should champion carbon markets for economic growth and jobs, finds report
The UK government should seize the opportunity to unlock billions of investment and thousands of jobs by championing the country’s carbon market through better inter-governmental alignment, said industry bodies in a new report.
Read MoreEU pressed to broaden context of ETS review amid industrial alarm
The upcoming revision of the EU’s Emissions Trading System (ETS) cannot stop at the cap trajectory and other technical adjustments, according to a Brussels think tank, which calls for deeper fixes to address Europe’s flagging economic competitiveness.
Read MoreEU regulation spurring a wave of green alternative cement producers, analysis shows
Europe is racing ahead in low-carbon cement ahead of the twin impact of planned changes to the EU ETS and the full rollout of the Carbon Border Adjustment Mechanism (CBAM), a survey has found.
Read MoreUS should adopt voluntary export carbon fee to counter EU CBAM -report
The US should adopt a voluntary export fee (VEF) on carbon emissions to counter revenues set to be lost to the EU’s Carbon Border Adjustment Mechanism (CBAM), although there are potential challenges in implementing such a policy, researchers said in a report published Monday.
Read MoreEU must hold firm on carbon pricing ambition as geopolitical leverage -report
The EU is facing renewed pressure to weaken its carbon market and methane rules as global energy tensions rise, but analysts warn that doing so risks undermining both energy security and economic stability.
Read MoreBerlin floats using Article 6 units in EU carbon market to ease pressure on industry -media
Germany has proposed allowing international Article 6 carbon credits into the EU’s Market Stability Reserve as part of broader plans to retool the bloc’s Emissions Trading System (ETS) around industrial competitiveness, according to a document seen by Bloomberg.
Read MoreINTERVIEW: Lawmaker backs EU ETS price corridor to shore up green investment
French centrist MEP Pascal Canfin sees a price corridor for the EU Emissions Trading System (ETS) as a realistic way to marry market flexibility with the predictability investors need, telling Carbon Pulse it can be designed inside existing market rules without being challenged as a new tax.
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