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Carbon Emissions
Global 2023 Carbon Trading Revenues Grew to $74 Bln, Report Says
Smoke rises from chimneys at a factory in the port of Dunkirk, France January 19, 2023. REUTERS/Yves Herman/File Photo Purchase Licensing RightsGlobal revenues …
Renewable Diesel
European Parliament Takes Action to Promote the Use of SAF
The European Parliament on April 18 voted 463 to 117 to implement a revision to the European Union’s Emissions Trading System that will phase out free all…
Decarbonization
Maritime to Benefit From EUR 2 Billion Fund to Decarbonize
The European Parliament formally approved on Tuesday the new EU Emissions Trading System (ETS) law, earmarking around EUR 2 billion of the revenues of the Innov…
Carbon Emissions
KENYA: Towards the Establishment of a GHG Emissions Trading System
The Kenyan government has approved the establishment of a greenhouse gas emissions trading scheme. The scheme, which is mainly aimed at businesses, is expected …
Carbon Emissions
EU ETS Covered Emissions Record Biggest Drop in Six Years
Greenhouse gas emissions from operators covered by the EU Emissions Trading System in 2020 fell by 13.3% against 2019.
EU
Fortum, Statkraft and Vattenfall Revise EU 2030 Climate and Energy Legislation
Fortum, Statkraft and Vattenfall, three of the largest Nordic energy utilities, welcome the EU’s revised 2030 climate target of at least -55% as a crucial step…
Carbon Emissions
Brexit Pushes UK to Begin Own Emissions Trading System in 2021
Due to Brexit, the UK government said on December 14 it will launch an emissions trading system for domestic industry and power generation from January 1 next y…