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Efforts to reduce shipping emissions ‘critically insufficient’, say researchers

Published 16:35 on June 25, 2020  /  Last updated at 18:53 on June 25, 2020  /  Africa, Americas, Asia Pacific, EMEA, EU ETS, International, Shipping  /  No Comments

Global emissions from shipping in 2020 are set to shrink by up to 35% year-on-year due to the COVID-19 pandemic, but could recover quickly as progress to tackle maritime pollution remains slow, researchers have projected.

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Global energy emissions growth sees dip in 2019 as coal’s role fades -BP

Published 10:33 on June 17, 2020  /  Last updated at 01:58 on June 18, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Global CO2 emissions from energy use grew by 0.5% in 2019, only partially unwinding the unusually strong 2.1% rise in 2018, oil major BP said in its annual energy review published on Wednesday.

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Lawmaker snub could mean bid to add shipping to EU ETS drifts into doldrums

Published 16:47 on May 29, 2020  /  Last updated at 16:47 on May 29, 2020  /  EMEA, EU ETS, Shipping  /  No Comments

A European Parliament initiative to fast-track shipping into the EU ETS faces being blown off course after an influential committee rejected the idea this week.

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New EU shipping emissions data reflects sector’s global reach, potentially presaging ETS inclusion

Published 21:36 on May 25, 2020  /  Last updated at 21:47 on May 25, 2020  /  EMEA, EU ETS, International, Shipping  /  No Comments

Around two-thirds of emissions from ships using European Economic Area (EEA) ports are from voyages to or from countries outside that region, EU data has confirmed, in findings that reflect how the bloc’s future climate regulations could affect trade far beyond EU waters.

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Bid to add shipping to EU ETS hits rough waters as rival lawmaker evades issue

Published 16:48 on May 22, 2020  /  Last updated at 16:19 on May 29, 2020  /  EMEA, EU ETS, Shipping  /  No Comments

A European Parliament effort to fast-track shipping into the EU ETS may sail into rough waters next week after an influential lawmaker appeared to snub the idea.

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EU lawmaker raises climate law ambition, proposes carbon budget

Published 14:07 on May 8, 2020  /  Last updated at 00:53 on May 9, 2020  /  Aviation/CORSIA, EMEA, EU ETS, Shipping  /  No Comments

The EU should set a 65% emissions reduction target for 2030 and work towards an 80-85% objective in 2040, aided by a union-wide carbon budget and the establishment of an independent scientific committee, the lead MEP steering the 27-nation bloc’s climate law has proposed in a draft report.

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ETS ‘fit for purpose’ for current EU targets, but may struggle long-term -report

Published 23:00 on April 28, 2020  /  Last updated at 23:35 on April 28, 2020  /  EMEA, EU ETS, Shipping  /  No Comments

The EU ETS is ‘fit for purpose’ to deliver the bloc’s current climate objectives, even despite the effects of the COVID-19 coronavirus pandemic, but it will struggle to deliver the long-term ambitions under the European Green Deal in its current shape, according to a report released Tuesday.

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Green Deal the ‘compass’ to guide EU’s post-virus recovery, urge Merkel, von der Leyen

Published 22:46 on April 28, 2020  /  Last updated at 22:51 on April 28, 2020  /  Americas, Australia, Canada, Carbon Taxes, China, Climate Talks, EMEA, EU ETS, International, Japan, Shipping, South Korea, US  /  No Comments

German Chancellor Angela Merkel on Tuesday reiterated her support for a more ambitious EU emissions reduction target for 2030, and along with European Commission President Ursula von der Leyen urged fellow lawmakers to ensure that the bloc’s Green Deal is a central and guiding component of Europe’s post-coronavirus recovery plan.

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Inclusion of shipping in EU ETS gains wide MEP support -key lawmaker

Published 12:17 on April 7, 2020  /  Last updated at 22:57 on April 7, 2020  /  EMEA, EU ETS, Shipping  /  No Comments

A proposal to include shipping in the EU ETS has gathered an “encouraging” consensus among EU lawmakers, according to the European Parliament’s lead lawmaker on the issue. 

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Carbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown

Published 08:05 on April 1, 2020  /  Last updated at 08:26 on April 1, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  1 Comment

*FREE READ* – A new carbon consultancy is calculating the global greenhouse gas emissions being saved by people working from home due to the coronavirus outbreak, and it is packaging and selling the reductions as voluntary carbon offsets.

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