Nations can be held legally accountable for their greenhouse gas emissions: UN’s top court
In the climate space, attention turned to the legal world in late July after the United Nations’ highest court made a ruling on climate liabilities.
EU includes carbon credits in amended 2040 climate law
Some important news for carbon markets came this month in the form of the European Commission’s proposal for an amendment to its climate law for 2040.
Carbon pricing systems cover 28% of global emissions in 2024: World Bank
June provided an insightful update on the state of play in carbon markets worldwide, with the release of the World Bank’s annual “State and Trends of Carbon Pricing” report.
EU-UK carbon market link set to cut costs, boost trade
The EU and UK reached a provisional agreement on 19th May to link their respective carbon compliance markets, the EU Emissions Trading System (EU ETS) and the UK Emissions Trading System (UK ETS).
EU’s Climate Strategy Continues to Pay Off: Cap-and-Trade Drives Down CO2 Emissions
The latest annual emissions data from the EU gives further proof that well-designed carbon markets are the most effective and lowest-cost way to cut greenhouse gas emissions.
EU ETS2 – Europe brings carbon pricing to consumers
Europe is about to embark on an experiment that may be the most important test of whether the world can realistically meet the climate goals in time to prevent the worst impacts of climate change.
EU removes CBAM obligations for thousands of smaller companies
The Commission said that the adjustment to the threshold will remove CBAM obligations for as many as 182,000 companies but will nevertheless still cover 99% of emissions originally targeted in the regulation.
What is the impact of Trump’s policy on global climate efforts?
As had been widely predicted, returning President Donald Trump formally signed an executive order withdrawing the United States from the Paris Agreement in the first week of his presidency.
The ripple effect: How EU carbon prices are about to go global
Carbon pricing in Europe began in 2005 with the start of the EU Emissions Trading System (EU ETS).
