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Risk of delay to carbon market reforms after surprise EU vote
The European Parliament on Wednesday rejected a proposal to upgrade the European Union's carbon market, an unexpected move that exposed divisions over the bloc's core climate policy and could delay negotiations to finish the measure.
read more... 09/06/2022
Carbon market players face 'significant' sovereign risk from Article 6 activities
The need to obtain a corresponding adjustment from the host government exposes sellers and buyers engaging in Article 6 activities to a "significant" sovereign risk, the International Emission Trading Association said in a discussion paper on Article 6 implementation released June 6.
read more... 07/06/2022
Daily (24.05.2022): European carbon prices extended losses to 5-week low on Monday amid weak auctions, uncertainty over reform
Oil prices settled marginally higher on Monday as fears of a future recession competed with the prospect of stronger fuel demand due to the forthcoming summer driving season in the United States and Shanghai's preparations to reopen after a two-month coronavirus quarantine. Hence, Brent crude rose by 87 cents, or 0.7%, to $113.42 a barrel. U.S. WTI crude steadied at $110.29 per barrel.
read more... 24/05/2022
EU lawmakers move to block green investment label for gas and nuclear
European Union lawmakers will attempt to block a plan to label gas and nuclear energy as sustainable investments as Europe wrestles with reducing its carbon dioxide emissions to address climate change.
read more... 23/05/2022
EU lawmakers vote for more ambitious carbon market overhaul
Lawmakers on the European Parliament's environment committee voted on Tuesday for a more ambitious overhaul of the EU carbon market than previously proposed, as they prepare to negotiate reforms to the bloc's core emissions-cutting policy.
read more... 19/05/2022