Global revenues from the sale of carbon permits in emissions trading systems (ETS) grew to a record $74 billion last year, as governments...

With vessels over 5,000 gross tons required to monitor, report, and verify their CO2 emissions for voyages linking EU and European...

Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS...

The EU’s emissions trading scheme sectors, industry and power, saw emissions drop by 15% in 2023, putting them on track for their 2030...

Many shipping companies are still striving to define their strategy for EU ETS compliance some 90 days after implementation of the...

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...

A global carbon tax is a more efficient and simpler solution than an emissions trading system.

Britain has launched a consultation on how it should apply a new carbon import levy on some products from 2027 to help to protect...

The Sixteenth Meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships has just concluded with some progress...

The Red Sea shipping crisis could result in nearly tripled costs for shipping companies in 2024 due to significantly higher exposure to...

German shipowners' group VDR on Tuesday urged the Berlin government to provide legislation implementing European Union requirements to...

Few European companies complied with an early deadline to report their carbon-intensive imports, underscoring the challenge of EU efforts...

The Commission estimates that 280 million tons of CO2 will need to be captured to meet the ambitious 90 % greenhouse gas emission...

Asian shipowners are set to incur emissions liabilities exceeding €1 billion due to the complete implementation of the EU Emissions...

The EU is set to call for the fossil fuel industry to help pay for fighting climate change in poor countries under a UN target, a draft...

The European Energy Exchange (EEX) and Turkish energy bourse Enerji Piyasalari Isletme A.S (Epias) have signed a memorandum of...

The recent drop in prices on the EU’s Emissions Trading System (EU ETS) threatens to slow industrial decarbonisation and to deprive state...

A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big...

On 20 February, the Council of the EU and the European Parliament reached a provisional agreement on a regulation establishing a...

The European Commission has welcomed the provisional agreement between the European Parliament and the Council on the first EU-wide...