ECSA Calls for Dedicated Fund and 'Polluter Pays' Principle in EU ETS Proposal
The European Community Shipowners' Associations (ECSA) has released its policy paper outlining its stance on the Fit for 55 European Union Emissions Trading System (EU […]
Global Agreement to Phase Out Coal Announced at COP26, but Major Players Missing
A significant global agreement to end the use of coal has been announced at COP26, signed by over 40 countries, including Poland, Indonesia, and Vietnam. […]
Germany to Purchase 22 Million Emissions Allowances after Missing 2020 Climate Targets
Germany is set to acquire 22 million emissions allowances as it failed to meet its 2020 climate targets under the EU's effort-sharing scheme. The country […]
China Carbon Market Challenges: Expanding Coverage and Boosting Liquidity for Effective Climate Action
China has set ambitious climate targets, aiming to reach peak emissions by 2030 and achieve carbon neutrality by 2060. As the largest emitter, accounting for […]
Global Carbon Capture and Storage (CCS) Projects Show Promising Growth, Yet Debate Persists
According to the annual report from the Global CCS Institute, an Australian think tank, globally planned carbon capture and storage (CCS) projects have reached 111 […]
Exploring Frameworks for Global Carbon Market Cooperation at COP26
Leaders attending COP26 will deliberate on the creation of a framework for global cooperation on carbon markets. The EU Emissions Trading System (ETS), initiated in […]
Opposition Mounts Against EU Fit for 55 Carbon Pricing Expansion Plans Amid Electricity Price Surge
The recent surge in electricity prices has triggered increased opposition from countries that were already sceptical of the EU's Fit for 55 carbon pricing expansion […]
Corporates Embrace Internal Carbon Pricing as Key Climate Strategy
Companies around the world are assuming a crucial role in the global effort to reduce greenhouse gas emissions. Increasingly, businesses are adopting internal carbon prices […]
Tribeca Investment Partners Invests $100 Million in Carbon Credits, Expects Rising Demand
Asian hedge fund Tribeca Investment Partners, managing assets worth $3.2 billion, has recently acquired approximately $100 million worth of carbon credits. The fund anticipates a […]
The European Commission published its Fit for 55 packages on 14th July 2021; comprising new legislative proposals and amendments to set the path to implementing […]
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