Inclusion of shipping in EU ETS gains wide MEP support -key lawmaker
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.
Read MoreCarbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown
*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.
Read MoreEU shipping emissions proposal to face tussle over targets -analysts
An EU proposal to put shipping emissions in the EU ETS will likely face wrangling over carbon intensity targets and its baseline emission year, analysts said in a report released Monday.
Read MoreMajor climate conference nixed over coronavirus
A major annual climate change conference scheduled for late May has been cancelled over the coronavirus crisis.
Read MoreBRIEFING: EU lawmaker aims to seize momentum to put shipping in bloc’s ETS
The European Parliament is mulling an early bid to agree this year to include all ships using EU ports in the bloc’s ETS, attempting to capitalise on the current heightened momentum for climate action, the Parliament’s lead lawmaker on the issue told Carbon Pulse on Friday.
Read MoreCarbon Pulse kicks off 2020 with two new hires to enter investment, development phase
Carbon Pulse has expanded its workforce to kick off 2020, hiring two experts to help bolster its unrivalled news and intelligence offering as the five-year old company enters a new period of investment and product development.
Read MoreShipping climate goal to cost 100 times more than industry proposing to raise
Global investment of $50-70 billion a year will be needed to halve emissions from shipping by 2050, a scale 100 times greater than an industry-proposed $2/t levy would raise but a level experts say has already been borne by the maritime sector within living memory.
Read MorePREVIEW COP25: UN carbon market talks to take centre stage in Madrid
Officials from nearly 200 governments arrive at COP25 in Madrid next week to hammer out the rules for international emissions trade under the Paris Agreement, with several testing issues remaining from last year when disagreements nearly threw off a wider deal on the 2015 pact.
Read MoreShipping groups suggest fuel levy idea as EU measures loom larger
Industry associations have suggested charging ships a $2/tonne fuel tax, in one of several measures discussed at the UN’s maritime body IMO this week as the sector strives to avoid regulation under the EU ETS.
Read MoreCruise line MSC seeks CO2 neutrality through blue carbon offsets
Swiss-based MSC Cruises aims to achieve carbon neutrality in its marine fleet operations by Jan. 2020 through offsetting, and plans to increasingly rely on blue carbon projects to maintain the goal, it announced Friday.
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