BRIEFING: Chile’s low CO2 tax rate excluding REDD+ credits, unlikely to rise
Chile’s Ministry of Environment (MMA) is actively courting REDD+ projects to diversify the portfolio of carbon credits used to offset its CO2 tax – but the low $5 per tonne tax rate can make it economically inviable to integrate them.
Read MoreBrussels outlines upcoming EU ETS changes, granting industry €6 bln in extra free allowances
The European Commission will propose a targeted amendment to the EU Emissions Trading System (ETS) next week that is expected to provide industry with an additional €6 billion worth of free carbon allowances over the 2026-30 period, while outlining other elements of the reform meant to give more leeway for industries to continue emitting into the 2040s, also clarifying that some 400 million permits as part of an ‘Investment Booster’ will not be monetised by the bloc.
Read MoreGerman EU ETS emissions drop 3% as industrial output weakens -report
Germany’s emissions from power and industrial plants covered by the EU ETS fell by 3.2% in 2025, as weaker industrial output and reduced lignite-fired power generation outweighed higher hard coal and gas use, a German government report published Tuesday said.
Read MoreBRIEFING: EU revamps pilot heat auction in test run for future Industrial Decarbonisation Bank
The European Commission is overhauling its pilot auction for industrial heat decarbonisation, after last year’s first round drew strong interest on paper but ended up using less than half of its €1 billion budget – a result Brussels now frames as a warning for the future EU Industrial Decarbonisation Bank.
Read MoreWind, solar investors say Australian becoming less attractive
Renewable energy investors’ faith in Australia’s clean energy transition is faltering, according to a survey published Wednesday, citing transmissions buildout delays and impacts on proposed tax reforms among others.
Read MoreUS projected to reduce power sector emissions by two-thirds despite Trump-era rollbacks -study
Despite the rollback of incentives to decarbonise power generation during the recent Trump administration, the US energy sector remains on track to reduce GHG emissions from 2025-35, according to new academic research.
Read MoreNon-profit challenges California regulator’s approval of ETS amendments
California regulator ARB’s recent approval of new Cap-and-Invest rules is facing a legal challenge over a non-profit’s claim that the agency did so without adequately analysing environmental and fiscal impacts of the amendments.
Read MoreVerra moves ahead with tighter soil carbon rules for sustainable grasslands credits
Sustainable grasslands carbon projects under a revised Verra methodology would need to validate soil carbon models against changes over time, rather than one-off stock measurements, according to a Tuesday announcement.
Read MoreEU plans to cut livestock emissions 16% by 2040, stops short of binding target
The European Commission on Tuesday unveiled a strategy to reduce greenhouse gas emissions from the bloc’s livestock sector, saying technology and targeted farm support could cut emissions by at least 16% by 2040, while stopping short of proposing a dedicated emissions target for the industry.
Read MoreEU auditors say flagship home renovation fund failing to cut energy use
Billions of euros in EU funding to improve the energy efficiency of homes are falling short of the bloc’s climate and energy objectives, the European Court of Auditors has warned in a new report published on Monday.
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