Verra publishes low-carbon shipping fuel methodology
Verra published its first framework to quantify emissions reductions in marine transport Tuesday in an effort to support alternative low-carbon fuels in shipping.
Read MoreUp to 60 European ports well suited to processing CO2 emissions for offshore storage -report
Up to 60 European ports could be suitable for processing CO2 emissions for offshore storage by 2050, a new report has found, which examines how non-pipeline transport will play a key role in Europe’s CO2 transport chain.
Read MoreUK govt confirms imminent 2026 ETS auction calendar change for maritime inclusion
The 2026 UK Emissions Trading Scheme (UK ETS) auction calendar will be updated to reflect the inclusion of domestic maritime emissions once the regulation enabling the scope expansion comes into force in July, the government confirmed late on Friday.
Read MoreCharterers and shipowners make steady progress on climate goals, reducing emissions intensity -report
The majority of signatories to a maritime decarbonisation initiative reduced their emissions intensity last year, while overall alignment with the International Maritime Organization’s climate goals has stabilised year-on-year, according to a new report.
Read MoreLoosening of EU carbon market could derail climate goals, generate major surplus, finds analysis
Proposed reforms to the European Union’s carbon market could significantly weaken the bloc’s emission reduction trajectory, flood the market with surplus permits, and undermine the pathway to climate neutrality, according to a new technical assessment by climate policy think tank.
Read MoreUkraine publishes draft ETS law, plans to create decarbonisation fund
Ukraine has published a draft law outlining the framework for its planned domestic emissions trading system (ETS), which would seek to cover power, industrial, aviation, and maritime sectors exceeding specified thresholds.
Read MoreEU aviation, shipping decarbonisation held back by weak project economics -report
High sustainable fuel costs, policy uncertainty, and limited long-term offtake agreements are holding back private finance for the decarbonisation of EU aviation and shipping, despite growing policy support for cleaner fuels, according to a report published Wednesday.
Read MoreUS carbon removal firm receives Japanese investor backing, signs credit deal
A US carbon removal company has secured investment from a Japanese trading firm to expand a facility in Arkansas, while separately signing a credit purchase agreement with a major shipping group, it announced Wednesday.
Read MoreLNG fleet faces widening compliance divide as EU emissions costs bite -analysts
The type of engine installed on an LNG carrier is becoming the defining factor in its future competitiveness under tightening maritime emissions rules, with older vessel classes facing mounting carbon compliance costs that could accelerate their exit from the market, according to new analysis.
Read MoreEuropean ports urge EU to address maritime ETS leakage risks in upcoming review
A European ports association has called on the European Commission to address business and carbon leakage risks in its upcoming revision of the EU Emissions Trading System (ETS), warning that the carbon market’s maritime rules are weakening EU ports and short-sea shipping.
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