Fears grow over looming supply crunch for CORSIA aviation carbon credits
Demand for eligible carbon credits is set to grow under the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) as airlines’ CO2 emissions continue to rebound from 2020’s…
Norway, Finland sign deal on carbon transport and storage
September saw further progress in the carbon capture space as Norway and Finland agreed to cooperate on the capture, cross-border transport and…
Nations can be held legally accountable for their greenhouse gas emissions
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.
