South Africa extends first carbon tax phase while increasing future price trajectory, offset usage limits
South Africa has extended the first phase of its carbon tax regime, prolonging the availability of transitional support measures while accelerating future raises in the levy and increasing offset usage limits.
Read MoreANALYSIS: Voter concerns to curb prospects for EU governmental carbon trade
Establishing steeper 2030 EU emission reduction targets for hard-to-abate sectors falling outside the bloc’s ETS is expected to make cross-border transfers an increasingly attractive option for high-income nations struggling to meet goals exclusively through domestic climate action.
Read MoreCarbon Pulse increases European, voluntary carbon market coverage with new hire
Carbon Pulse is enhancing its coverage of the European and voluntary carbon markets with another new hire.
Read MoreEU lawmakers pick up pace on ETS reforms in new year
EU Parliamentarians are set to table key ideas for ETS reforms in the coming weeks, with a senior MEP this week recommending sticking to plans to maintain the supply-regulating MSR current 24% annual absorption rate.
Read MoreMARC(U) MY WORD: Key issues in EU ETS review
Observers and stakeholders generally agree that the revision to the EU ETS needs to ensure that the transition results in a prosperous and decarbonised, but not deindustrialised Europe.
Read MoreBrussels considers setting 2030 carbon removals goal -leaked document
Brussels is considering setting an EU goal to permanently remove 5 MtCO2 a year from the atmosphere by 2030 as part of a wider strategy to develop carbon removals solutions, according to a leaked draft of a European Commission document.
Read MoreCOP26: Roundup for Day 10 – Nov. 11
Climate talks in Glasgow carry on, with negotiators having just two more full days to agree on texts before entering the more or less obligatory overtime. Check in here for the latest news and updates throughout the day.
Read MoreCOP26: Roundup for Day 9 – Nov. 10
Midway through the second week of COP26, and much is still left to be done. We follow the latest developments here and update continually throughout the day.
Read MoreCOP26: Roundup for Day 8 – Nov. 9
It’s Science Day in Glasgow, while negotiations carry on under the guidance of ministers appointed by the UK COP26 Presidency.
Read MoreCOP26: Roundup for Day 7 – Nov. 8
Negotiators at COP26 in Glasgow enter the second week of the talks, with hopes of further progress as ministers get involved. We are tracking developments here.
Read More