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Malaysian carbon exchange to host first local carbon credit auction in July
Malaysia's voluntary carbon market exchange will host an auction of its first Malaysian carbon credits on July 25, stock exchange...
Tseles John
May 13, 20241 min read
CARBON – EUAs rally to 4-month high
The Dec 24 Carbon EUAs contract last traded at EUR 73.50/t, up EUR 0.24 on the day and above last Friday’s settlement of EUR 72.01/t on...
Tseles John
May 12, 20242 min read
AHTI Climate: New research reveals huge FuelEU Maritime benefits available from pooling
Companies that fail to optimise their vessel operations in response to FuelEU Maritime will find their overheads quickly become a...
Tseles John
May 7, 20243 min read
EU Net-Zero Industry Act approved
On April 25, the European Parliament approved the Net-Zero Industry Act to bolster EU production in technologies needed for...
Tseles John
Apr 26, 20242 min read
A timeline of EU ETS policy milestones - ETS for EU shipping
A timeline of future EU Emissions Trading System (EU ETS) policy milestones follows, including phases of ETS for EU shipping as it was...
Tseles John
Apr 25, 20246 min read
Carbon price fall deprives Europe's green funds of billions
A drop in the European Union's carbon price this year could mean that a fund intended to be among the world's biggest schemes for new...
Tseles John
Apr 21, 20243 min read
EU Shipping Emissions Report by The Signal Ocean
According to The Signal Ocean EU Shipping Emissions Report, published on April 18, 2024, a new parameter is taken into consideration in...
Tseles John
Apr 21, 20241 min read
Investor launches energy transition ETF targeting carbon markets
Legal & General Investment Management (LGIM) has expanded its commodities range with the launch of an energy transition ETF. The L&G...
Tseles John
Apr 18, 20242 min read
EU considers bringing emissions removal credits into carbon market
The European Union is looking into whether to bring emissions removal credits into its carbon market, a move that could reopen the market...
Tseles John
Apr 17, 20242 min read
Why carbon offsetting should die out but healthy carbon markets should live on
The Oxford Offsetting Principles, first published in 2020, have become “flagship guidance on credible and net zero aligned carbon...
Tseles John
Apr 11, 20243 min read
Global 2023 carbon trading revenues grew to $74 bln according to ICAP
Global revenues from the sale of carbon permits in emissions trading systems (ETS) grew to a record $74 billion last year, as governments...
Tseles John
Apr 10, 20242 min read
Beaumarine's insights about running a shipping pool under the EU - ETS transition
With vessels over 5,000 gross tons required to monitor, report, and verify their CO2 emissions for voyages linking EU and European...
Tseles John
Apr 8, 20243 min read
Record reduction of 2023 ETS emissions due largely to boost in renewable energy
Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS...
Tseles John
Apr 7, 20242 min read
Europe’s industry and power sector emissions plunge 15% in 2023
The EU’s emissions trading scheme sectors, industry and power, saw emissions drop by 15% in 2023, putting them on track for their 2030...
Tseles John
Apr 4, 20242 min read
OceanScore identifies EU ETS best practice to tackle ‘strategy gaps’ on compliance
Many shipping companies are still striving to define their strategy for EU ETS compliance some 90 days after implementation of the...
Tseles John
Mar 27, 20243 min read
The EU’s double counting problem
Motivated by a desire to keep down the cost of achieving its climate targets, the EU has failed to rule out the double counting of...
Tseles John
Mar 25, 20245 min read
Shipping: About 60 countries support the proposal to impose a levy on ship emissions
A global carbon tax is a more efficient and simpler solution than an emissions trading system.
Tseles John
Mar 24, 20242 min read
UK opens public consultation on carbon border tariff design
Britain has launched a consultation on how it should apply a new carbon import levy on some products from 2027 to help to protect...
Tseles John
Mar 21, 20242 min read
IMO’s 2030 and 2040 GHG reduction targets now explicitly linked to fuel standard
The Sixteenth Meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships has just concluded with some progress...
Tseles John
Mar 17, 20243 min read
OceanScore declares that Shipping’s EU ETS costs could nearly triple due to Red Sea crisis
The Red Sea shipping crisis could result in nearly tripled costs for shipping companies in 2024 due to significantly higher exposure to...
Tseles John
Mar 13, 20243 min read
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