top of page
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 62 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 42 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 232 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 111 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 292 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 272 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 162 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 142 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 72 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
EU needs “large scale” CO2 removal for 2050 goal – analysts
The EU will not be able to meet its 2050 climate neutrality target without natural and industrial processes that withdraw vast volumes of...
Tseles John
Dec 9, 20242 min read
Europe CO2 market can reduce storage costs but policies ‘stand in way’
Carbon emitters in Europe using offshore carbon dioxide (CO2) storage would benefit from 21% cost savings, according to a new report from...
Tseles John
Dec 7, 20242 min read
EU approves first Official Certification Framework for Carbon Removal
This week, the EU Council made history by greenlighting a regulation that enables the establishment of the first official EU-level...
Tseles John
Nov 21, 20242 min read
Renewables put EU ETS “well on track” to hit 2030 target – EC
The pace of Europe’s deployment of renewable energy meant the EU ETS should hit its 2030 emissions reduction target, the European...
Tseles John
Nov 21, 20242 min read
COP29: World Bank Announces Insurance Mechanism For Carbon Markets
The World Bank Multilateral Investment Guarantee Agency (MIGA) announced yesterday the launch of a Letter of Authorization (LoA)...
Tseles John
Nov 18, 20242 min read
EU ETS emissions drop 47% below 2005 levels in 2023
Emissions from industry, electricity and heat generators covered under the EU’s emissions trading system (EU ETS) achieved the highest...
Tseles John
Nov 6, 20241 min read
Fuel EU Maritime Regulation: The next legislative piece to make the EU climate neutral
The Fuel EU Maritime Regulation[1] (FuelEU Maritime) is another instrument in the 'Fit for 55'[2] toolbox of the EU to achieve its goal...
Tseles John
Sep 1, 20249 min read
A $5 billion scandal is rocking Germany's carbon credit market
A scandal engulfing Germany's carbon credit market may have resulted in billions in lost income for firms. The country's program allows...
Tseles John
Aug 25, 20242 min read
Shipping Industry prepares or Carbon Levy showdown
The global shipping industry is bracing for intense negotiations at the upcoming International Maritime Organization (IMO) meeting in...
Tseles John
Aug 15, 20242 min read
Goldman Sachs sees major shift in EU carbon market prices
The European carbon market—the largest in the world—is poised for a significant price shift, attracting investor interest, according to...
Tseles John
Aug 11, 20242 min read
bottom of page