Brussels 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 MoreEU ETS maritime CO2 emissions slip in 2025 despite rise in overall sectoral output
CO2 emissions from ships covered by the EU’s monitoring, reporting, and verification (MRV) system rose modestly in 2025 year-on-year, according to preliminary data, but the share falling within the scope of the Emissions Trading System (EU ETS) edged lower compared to 2024 levels.
Read MoreFEATURE: Shipowners face choppy but navigable seas from inclusion in UK ETS, say experts
The inclusion of domestic maritime emissions in the UK Emissions Trading System (ETS) from this month is expected to pose limited difficulties for most shipowners, who are already familiar with the EU’s carbon pricing regime, but it is also unlikely to significantly cut emissions, experts said.
Read MoreDemocrats introduce bicameral bill to advance US clean shipping with $1 bln per year
Democrats in the US Senate and House of Representatives have reintroduced a legislative effort to fund advanced clean shipping technology and infrastructure.
Read MoreUK 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 More