EU’s carbon border levy to affect closest neighbours more than global players, experts say
The EU’s proposed carbon border adjustment mechanism will likely affect its closest neighbours much more than global trade partners, experts believe, despite an increasing number of countries across the globe expressing concerns over the 27-nation bloc’s plans.
Read MoreSweden seeks out Article 6 projects in the Dominican Republic
Sweden is inviting carbon-cutting projects in the Dominican Republic to bid to be the first initiatives that could ultimately deliver Paris Agreement-era carbon credits to the Nordic country.
Read More‘Fit for 55’ Roundup: Updates and reactions to the EU’s major climate package
The European Commission on Wednesday published its long-awaited ‘Fit for 55’ climate legislative package, seeking to recalibrate the bloc’s climate policies towards a tougher 2030 emissions target. Here’s a rolling timeline of today’s major developments and expert and stakeholder insight to complement Carbon Pulse’s other coverage.
Read MoreSwitzerland to raise domestic carbon tax by 25% following insufficient emissions cuts
Switzerland will raise its domestic carbon tax by 25% next year after its fossil fuel emissions output in 2020 missed the country’s annual reduction targets.
Read MoreTrading house Mercuria launches new environmental products team led by oil major veterans
Swiss commodities trading house Mercuria has launched on environmental products, launching a new business led by veteran market players, many of whom have recently left oil majors including BP and Shell, Carbon Pulse has learned.
Read MoreCarbon Pulse expands coverage of world’s largest CO2 markets with new reporter hires
Carbon Pulse has hired two new reporters to expand its coverage of the world’s two largest carbon markets.
Read MoreSwiss citizens reject updated CO2 reduction strategy by narrow margin
Switzerland defeated by a narrow margin the country’s CO2 Act in a referendum on Sunday, rejecting more ambitious emissions reduction measures under an updated climate plan.
Read MorePREVIEW: Switzerland’s climate strategy faces knife-edge public vote
Switzerland’s updated climate plan is being put to a referendum on Sunday, with experts deeming the vote too close to call despite wide political support for proposals including less reliance on foreign offsets and innovative flight taxes.
Read MoreSwitzerland, Thailand lay foundation for future Paris carbon credit deal
Switzerland intends to procure carbon offsets from Thailand under a joint statement signed by the two nations on Friday, marking the fourth arrangement for Paris-era international emissions trade orchestrated by Bern to date.
Read MoreSwitzerland to sign next Paris-era carbon offset deal with Senegal -official
Switzerland will soon announce its third bilateral deal under the Paris Agreement’s Article 6 to purchase carbon offsets from Senegal and is undertaking formal and informal discussions with a host of other countries on future arrangements, an official from the European country’s credit procurement agency said Thursday.
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