On 10 May 2023, the European Union adopted the 2023 amendments to the EU ETS Directive 2003/87/EC establishing a system for greenhouse...

In a new plan released on Tuesday (06/02/2024), Brussels confirmed it is investing in some of the world's biggest polluting companies to...

As the EU ETS standards set in, classification society Lloyd’s Register (LR) has released a report illustrating some of the ways...

In 05-02-2024 Lloyd's Register published the 05/2024 publication about The list of Administering Authorities under EU ETS by LR:...

A new strategy released by the European Union (EU) has outlined the potential role that carbon capture technologies could play in...

European Commission Recommends 90% Reduction in Shipping GHG Emissions by 2040. The target, which includes shipping, was set in the...

As of October 1, 2023, the transitional phase of the EU’s Carbon Border Adjustment Mechanism (CBAM) has started. It complements the...

The price of EU Allowances (EUAs) used for compliance with the European Union's emissions trading system has dropped significantly at the...

On 1 January 2024, the EU extended the coverage of its ETS to incorporate the maritime sector, as part of the broader EU ETS reform that...

The European Union must raise significantly emissions capture and removals to meet its target to become a carbon-neutral bloc by 2050,...

The EU Emissions Trading System (ETS) is one of the core EU instruments that will drive the decarbonisation of European industry and help...

Under the Modernisation Fund, €2.17 billion disbursed in 20-12-2023, to help modernise the energy systems in nine Member States through...

On 14 July 2021, the European Commission proposed adding maritime transport to the European Union Emissions Trading System (ETS) to align...

With two weeks until its implementation, analysts at Clarksons Research have produced data to show the costs of the European Union...

EU Member States have endorsed a Commission proposal to invest €594 million of EU funds in eight cross-border energy infrastructure...

On 7 December 2023, the Council of the European Union (EU) agreed on its general approach on the Net-Zero Industry Act (NZIA), bringing...

BIMCO’s Documentary Committee adopted a new Emission Trading Scheme Allowances Clause for BIMCO’s ship management agreement, SHIPMAN, and...

The Carbon Border Adjustment Mechanism CBAM is an EU CO2 taxation mechanism to support decarbonization strategies and combat carbon...

The Emissions Trading System Allowances (ETSA) Clause 2022 for Time Charter Parties is available to download free of charge from BIMCO’s...

There has been extensive speculation of the cost for shipping from the European Union’s Emissions Trading System. In Hecla Emissions...