UK emissions fell 3% in 2024 as power and industry continue slump
UK emissions fell to 373 million tonnes of CO2e in 2024, a 3% decrease year-on-year, as official data released Thursday showed how sectors’ trajectories continued to significantly diverge.
Read MoreLiberia walks back on plans to impose carbon levy on ships entering its ports
The Liberian government “does not, and will not” plan to impose a carbon levy on international ships entering its ports, it said in a rebuttal to the news last week that it would introduce the non-market mechanism.
Read MoreUK Parliament committee backs expanding ETS to domestic maritime
A UK Parliament committee, set up to scrutinise government policy decisions, said it was generally supportive of including domestic maritime in the country’s Emissions Trading System (ETS), during a debate held Tuesday, though heard strong opposition from lawmakers representing Northern Ireland and the Isle of Wight.
Read MoreScotland prefers to exclude regional maritime, fishing from UK ETS
Scotland’s preferred approach to expanding the UK’s Emissions Trading System (ETS) to maritime would be to grant exemptions for island ferries, fishing, and state maritime activity, according to the country’s latest impact assessment.
Read MoreJapanese shipping major joins Norway’s flagship CCS project
A Japanese shipping major will participate in Norway’s flagship carbon capture and storage project through the signing of long-term charter contracts, it announced Friday.
Read MoreLiberia to impose carbon cost on shipping, aviation from March
Liberia is set to impose a carbon price on shipping and aviation operators in the country with a new non-market compliance mechanism inspired by the EU ETS, it announced this week.Â
Read MoreUp to 30% of nations’ domestic emissions reductions offset by carbon leakage, review shows
Carbon leakage has been estimated to offset between 5-30% of domestic emissions reductions in most recent studies, according to a new review that proposes a framework for analysing the spillover effects of mitigation efforts.
Read MoreANALYSIS: What’s next for a global carbon price on shipping?
The potential adoption of a global price on shipping emissions later this year requires regaining the support of countries who were previously in favour but voted for a one-year delay in October, after a US-led opposition campaign, experts told Carbon Pulse.
Read MoreINTERVIEW: In Indonesia, biogas project investment falters though credit demand persists, as new regulations take shape
Regulatory uncertainty in Indonesia’s carbon markets means sourcing investors remains challenging for a local waste-to-energy project, the developer told Carbon Pulse on the sidelines of Abu Dhabi Sustainability Week.
Read MoreNew UK group to draw up international standards for nuclear-powered ships
A newly launched consortium is working to set standards for the development of safe, secure, and commercially viable nuclear-powered ships, which its backers say is essential for cutting maritime emissions.Â
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