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Discussions on harmonizing the EU ETS with the new IMO global climate framework
source: WSC European maritime policy is at a critical juncture, as the debate on the harmonisation of the European Emissions Trading...
Tseles John
Jul 18, 20253 min read


Container shipping emissions have soared due to Red Sea crisis in 2024
Emissions last year were about 50% higher than what might have been expected had Houthi attacks not led shipping to divert away from the...
Tseles John
Jul 16, 20252 min read


EU set to reduce Carbon Tax Weight on industrial exporters
The European Commission is preparing to unveil a proposal by the end of 2025 that would shield EU exporters in high-emissions...
Tseles John
Jul 8, 20252 min read


BCGA to explore impact of new carbon border tax
The British Compressed Gases Association (BCGA) will explore how the EU’s new Carbon Border Adjustment Mechanism (CBAM), often referred...
Tseles John
Jun 9, 20252 min read


EU on track to cut carbon emissions 54% by 2030 – EC
The EU is on track to cut its net greenhouse gas emissions by 54% from 1990 levels by 2030, just short of its legally binding 55% target,...
Tseles John
Jun 2, 20252 min read


44 oil and gas companies are named by the EU as contributing to the 2030 CO2 injection targets.
The European Commission has adopted a delegated regulation and a corresponding decision outlining the obligations for oil and gas...
Tseles John
May 27, 20253 min read


Germany unlikely to roll out CCS due to costs – industry
Cost concerns, a lack of available storage space and technological limitations will likely restrict carbon capture and storage (CCS) to...
Tseles John
Apr 29, 20252 min read


EU launches Consultation on EU ETS and Market Stability Reserve
The European Commission has opened a wide-reaching public consultation on the EU Emissions Trading System (EU ETS) and its Market...
Tseles John
Apr 23, 20252 min read


The critical decisions of the IMO for the green future of shipping
source: imo.org The IMO finally agreed past Friday, on the first binding targets for shipping to reduce greenhouse gas emissions from...
Tseles John
Apr 13, 20252 min read


Seven Greek shipowners attack the IMO with Maria Angelikousis as "leader"
A group of the world's largest and most important shipowners has expressed "serious concern" about the direction of talks at the IMO...
Tseles John
Apr 9, 20253 min read


IMO’s historic carbon pricing framework for Global Shipping enters final negotiation phase
photo: courtesy of IMO The International Maritime Organization ( IMO ) is on the cusp of implementing the world’s first global emissions...
Tseles John
Apr 6, 20252 min read


Watershed launches RFP for 1 megaton of Carbon Removal Credits (deadline set)
source: Watershed For the first time, Watershed is issuing a request for proposals (RFP) to join its ecosystem of decarbonization...
Tseles John
Mar 4, 20252 min read


13 New Countries support a global Carbon Levy at IMO Meeting
source: imo.org Thirteen additional countries supported a global carbon levy on shipping at the International Maritime Organization (IMO)...
Tseles John
Feb 23, 20252 min read


Exemption of thousands of businesses from carbon tax
The European Commission is considering a mass exemption of tens of thousands of businesses from the carbon border tax in a silent but...
Tseles John
Feb 11, 20251 min read


EU could fund Net Zero with CO2 allowance sales – Study
NetZero: iStock The EU should fund the net-zero transition by introducing new European climate bonds funded by expanding the EU ETS...
Tseles John
Jan 29, 20252 min read


Europe needs extra CO2 levies to protect industry – study
The EU’s carbon border adjustment mechanism (CBAM) in particular may not be sufficient to provide a level playing field if other...
Tseles John
Jan 27, 20252 min read


LR OneOcean launches Risk Manager FuelEU
Credits: wikipedia Lloyd’s Register OneOcean (LR OneOcean) has launched Risk Manager FuelEU, an innovative module designed to enable ship...
Tseles John
Jan 16, 20252 min read


The FuelEU Maritime regulation - Exemptions
NorthStandard. Courtesy facebook The regulation mandates compliance with GHG intensity limits and promotes the use of alternative fuels...
Tseles John
Jan 14, 20252 min read


The Global Carbon Credit Market: A Looming Thawing?
The global carbon credit market experienced a period of stagnation last year, with a modest market size of approximately $1.4 billion,...
Tseles John
Jan 7, 20252 min read


France: EUR 3 billion state aid scheme to support companies subject to the EU Emission Trading Scheme (ETS)
On 18 December 2024, the European Commission approved a EUR 3 billion (USD 3.1 billion) state aid measure from France. The scheme...
Tseles John
Dec 22, 20241 min read
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