Latest news
EU carbon price to hit €400 mark with 90% climate goal
The European Union’s new climate commissioner, Wopke Hoekstra, made written commitments on Wednesday (4 October) to defend a 90% cut in net greenhouse gas emissions by 2040, a move that financial analysts say will send EU carbon prices above the €400 mark.
read more... 06/10/2023
Italy weighs auto incentive scheme to cut Chinese EV price advantage
Italy is considering new incentives for car purchases that would factor in carbon emissions in the manufacturing and distribution process, two sources close to the matter told Reuters on Monday, a way of protecting its industry against Chinese imports.
read more... 03/10/2023
EU launches first phase of world's first carbon border tariff
The European Union launched on Sunday the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement and other goods as it tries to stop more polluting foreign products from undermining its green transition.
read more... 02/10/2023
France Announces Ambitious Plan To Cut Hydrocarbon Dependence And Emissions
Emmanuel Macron has announced a plan to reduce the dependence of France on oil, gas, and coal and reduce national emissions by 55% from 1990 levels by 2030.
read more... 26/09/2023
EU to launch first phase of world-first CO2 border tax
The European Union starts the initial phase of its plan for the world's first carbon border tax next month, requiring importers to report the CO2 emissions of products sold into Europe, such as steel and cement, or risk financial penalties.
read more... 14/09/2023