Latest news
European Parliament wants expanded carbon border
All imports of products and commodities now under the EU's emissions trading system (ETS), including when embedded in intermediate or final products, should be covered from 2023 by a carbon border adjustment mechanism, the European Parliament's environment committee said today.
read more... 05/02/2021
Daily (04.02.2021): Carbon prices soared by 7% on Wednesday amid strong auction results
Oil prices continued to push towards one-year highs on Wednesday, as the EIA weekly report showed a drop in US crude stocks. At the same time, the conclusion of the monthly OPEC+ summit lent additional support to prices. As such, Brent and WTI crude closed 1.7% higher at $58.46 and $55.69 a barrel respectively.
read more... 04/02/2021
UK power sector CO2 hits 14-month high
The carbon intensity of the UK power sector reached its highest level in over a year in January, as rising demand coincided with low wind production and restricted nuclear capacity to boost fossil-fuel generation.
read more... 04/02/2021
UK emissions ‘fell by 44% between 1990 and 2019’
Latest stats show energy sector has decarbonised by 65.5% from 1990 but transport by just 4.6%
read more... 03/02/2021
China Starts Emissions Trading As It Aims For Net Zero By 2060
China, the world's largest polluter, launched on Monday an emissions trading scheme as part of its efforts to become a carbon-neutral economy by 2060.
read more... 02/02/2021