EU ETS revamp sparks mixed response from maritime sector
Based on reporting by World Cargo News. The proposed overhaul of the EU Emissions Trading System (EU ETS) could significantly reshape the way maritime emissions are regulated across Europe. While the wider reform is intended to adjust the carbon market to new...
CBAM Certificate Platform: Brussels’ Next Bureaucracy Trap
Based on reporting by the Gerber Group. The launch of the Carbon Border Adjustment Mechanism (CBAM) certificate platform marks another milestone in the operational rollout of Europe's carbon border policy. However, as businesses prepare for the financial phase of...
Why some steelmakers are trying to weaken the EU ETS
Based on reporting by Lidia Tamellini. Europe is witnessing an increasingly visible split within its industrial sector. As policymakers prepare to review the ETS, two distinct groups of steelmakers have emerged with opposing visions for the future of Europe's flagship...
EU’s carbon border levy struggles to adjust to exports
Based on reporting by EuroMetal. As the Carbon Border Adjustment Mechanism (CBAM) enters its definitive phase, attention is increasingly shifting from imports to exports. A recent industry analysis argues that while CBAM is designed to prevent carbon leakage by...
EU ETS: Big corporations benefit, SMEs are left out
Based on reporting by the Gerber Group. Τhe concerns of large industrial corporations receive significantly more political attention than those of small and medium-sized enterprises (SMEs). Τhe recent intervention by around 40 major industrial companies calling for...
Council moves to strengthen the EU’s carbon border adjustment mechanism
Based on reporting by the European Commission. The Council of the European Union has agreed its negotiating position on a proposal to strengthen the Carbon Border Adjustment Mechanism (CBAM), marking another important step in the evolution of Europe's carbon pricing...
European aluminium lobby calls for EU to fix CBAM loopholes, warns of threat to industry
Based on reporting by Roy Manuell. European Aluminium has issued a letter to EU finance ministers ahead of the Council's discussions on the Carbon Border Adjustment Mechanism (CBAM), arguing that the proposed reforms still aren’t enough to effectively protect the...
Commission decides to refer Spain and Poland to the Court of Justice of the European Union for not transposing agreed rules to strengthen the EU emissions trading system
Based on reporting by the European Commission. The European Commission has referred Spain to the Court of Justice of the European Union for failing to fully transpose the revised EU Emissions Trading System (EU ETS) Directive into national law. At the same time, both...
UK Carbon Market Expansion To Shipping Could Generate £1 Billion Annually: ICCT
Based on reporting by Responsible Us Bureau. According to recent study by the International Council on Clean Transportation (ICCT), expanding the carbon trading market in the UK to include shipping would raise about £1 billion a year in government revenue. Bringing...
Western Balkans request earlier exemption of electricity from CBAM
Based on reporting by Igor Todorović Recent developments from the Western Balkans show growing political pressure to adjust the rollout of the EU’s Carbon Border Adjustment Mechanism (CBAM), particularly in relation to electricity imports. Regional stakeholders are...