UK publishes shipping compliance guidance as maritime ETS entry nears
The British government has published detailed guidance for shipping companies on complying with the maritime expansion of the UK ETS, setting out monitoring, reporting, and allowance surrender requirements ahead of the sector’s entry into the carbon market from July 1.
Read MoreUN agency joins African carbon fee initiative as observer, advisor
A UN agency outpost in Djibouti has joined a compliance carbon pricing initiative active in several African countries, as an observer and strategic advisor.
Read MoreFEATURE: Brussels “seriously considering” free EU ETS permits for shipping firms using clean fuels
The European Commission is “seriously considering” granting free CO2 permits to shipping companies that use clean fuels as part of the upcoming reform of the EU Emissions Trading System (EU ETS) due to be presented in July.
Read MoreEU emissions fall 17% since 2015 as economy continues to grow
Greenhouse gas emissions across the EU have fallen by more than 17% over the past decade, even as the bloc’s economy expanded, according to fresh data released by Eurostat.
Read MoreJapanese shipper waiting on IMO framework before scaling up CDR purchasing strategy
A major Japanese shipping company said it is waiting on the passage of key regulations, including the Net Zero-Framework, before it ramps up purchases of carbon removal (CDR) credits.
Read MoreSB64: Status quo falls short of Belem biofuels pledge, but policy signals can drive growth -panellists
The status quo will be insufficient to reach a Belem pledge to quadruple the use of sustainable fuels by 2035, but the right policy signals and can help drive growth in the emerging sector, experts said during mid-year UN climate talks.
Read MoreVerra publishes low-carbon shipping fuel methodology
Verra published its first framework to quantify emissions reductions in marine transport Tuesday in an effort to support alternative low-carbon fuels in shipping.
Read MoreUp to 60 European ports well suited to processing CO2 emissions for offshore storage -report
Up to 60 European ports could be suitable for processing CO2 emissions for offshore storage by 2050, a new report has found, which examines how non-pipeline transport will play a key role in Europe’s CO2 transport chain.
Read MoreUK govt confirms imminent 2026 ETS auction calendar change for maritime inclusion
The 2026 UK Emissions Trading Scheme (UK ETS) auction calendar will be updated to reflect the inclusion of domestic maritime emissions once the regulation enabling the scope expansion comes into force in July, the government confirmed late on Friday.
Read MoreCharterers and shipowners make steady progress on climate goals, reducing emissions intensity -report
The majority of signatories to a maritime decarbonisation initiative reduced their emissions intensity last year, while overall alignment with the International Maritime Organization’s climate goals has stabilised year-on-year, according to a new report.
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