US carbon border proposals expose trade-off between aluminium supply risk and decarbonisation -report
Proposed US carbon border mechanisms for aluminium expose a trade-off between rapid protection from high-carbon imports and a slower, more stable route to industrial decarbonisation, according to a new analysis.
Read MoreIndustry, NGOs unite in urging Brussels to exclude carbon credits from EU CBAM
NGOs and European industry associations are pushing back against the European Commission’s plan to allow international carbon credits to be deducted from importers’ Carbon Border Adjustment Mechanism (CBAM) fees, in a statement released on Wednesday.
Read MoreEU carbon capture, storage infrastructure lagging behind mandated target for 2030 -analysis
The EU is falling short of its legally mandated goal to boost carbon capture and storage capacity within the decade – even if every planned project makes it to development, according to new analysis, commissioned by large oil and gas companies.Â
Read MoreCameroon plans to mobilise Article 6 to help meet new 41% emission reduction target
Cameroon is positioning carbon markets as a key pillar of its climate strategy, with an updated Nationally Determined Contribution (NDC) that boosts its emissions reduction ambitions, citing the economic value of its vast forests and clean energy potential as possible Article 6 revenue streams.
Read MoreEvery dollar a company invests in emissions reduction generates up to $7 in return -report
Every dollar that a company invests in emissions reduction generates an average of $2.40 in return, and in some cases up to $7 over its lifetime, according to the latest report by an environmental disclosure non-profit.
Read MoreINTERVIEW: Chemicals, construction the biggest winners from EU ETS free allocation benchmarks decision
Chemicals and construction companies are the biggest winners from the latest changes to benchmarks used to determine the number of free EU Emissions Trading System (ETS) allowances handed to industries, according to an analyst from a carbon investment consultancy.
Read MoreEXCLUSIVE: European emitters boost shareholder payouts while receiving free EU carbon permits, data shows
Big European steel and petrochemical firms benefiting from free EU carbon allowances have channelled billions of euros into share buybacks since 2022 while scaling back green investments, according to data compiled for Carbon Pulse ahead of a crunch summit this week.
Read MoreUN review raises issues with Zimbabwe’s carbon market rules and registry
A UN technical review has flagged inconsistencies and lacking transparency in Zimbabwe’s carbon market infrastructure, including its national carbon registry, rules for collecting revenues, and the country’s first Article 6 project – although the government did clarify many of the issues.
Read MoreISO opens consultation on global net zero transition planning standard
The International Organization for Standardization (ISO) opened a public consultation on Wednesday on a draft international standard for net zero transition planning.
Read MoreAsian miners lag on ESG implementation, report says
Miners across Asia have broadly adopted environmental, social, and governance policies, but many are struggling to implement those commitments, according to a report published on Wednesday.
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