Tseles John
EU ETS emissions drop 47% below 2005 levels in 2023
Emissions from industry, electricity and heat generators covered under the EU’s emissions trading system (EU ETS) achieved the highest...
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Tseles John
Sep 19 min read
Fuel EU Maritime Regulation: The next legislative piece to make the EU climate neutral
The Fuel EU Maritime Regulation[1] (FuelEU Maritime) is another instrument in the 'Fit for 55'[2] toolbox of the EU to achieve its goal...
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Tseles John
Aug 252 min read
A $5 billion scandal is rocking Germany's carbon credit market
A scandal engulfing Germany's carbon credit market may have resulted in billions in lost income for firms. The country's program allows...
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Tseles John
Aug 152 min read
Shipping Industry prepares or Carbon Levy showdown
The global shipping industry is bracing for intense negotiations at the upcoming International Maritime Organization (IMO) meeting in...
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Tseles John
Aug 112 min read
Goldman Sachs sees major shift in EU carbon market prices
The European carbon market—the largest in the world—is poised for a significant price shift, attracting investor interest, according to...
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Tseles John
Jul 222 min read
TMK And Kita Partner on New Political Risk Insurance for CO2 credit projects
Tokio Marine Kiln (TMK), a prominent global insurance company, has revealed a new collaboration with carbon credit insurance company ...
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Tseles John
Jul 182 min read
Container shipping will accept serious conscequences by upcoming FuelEU Maritime regulation
New analysis from Germany shows the container sector faces the brunt of penalties from the upcoming FuelEU Maritime regulation, the...
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Tseles John
Jul 142 min read
CARBON – EUAs fall, set for further downside next week
Europe’s benchmark carbon contract shed almost 3% in the week to Friday, with expectations of further downside next week. The Dec 24 EUA...
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Tseles John
Jul 41 min read
Schulte Group sets up firm for maritime emissions management
Newly established Ocean Opt would offer “independent consultancy, data management and platform-based services” for fleet performance...
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Tseles John
Jun 252 min read
Uzbekistan Receives $7.5M in Carbon Credits as Payment for emissions reduction
Uzbekistan has broken new ground by becoming the first nation to receive a financial reward from the World Bank for lowering carbon...
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Tseles John
Jun 191 min read
EU’s carbon innovation fund grants 18 projects EUR 173m
The EU has granted EUR 173m in funding to 18 clean technology projects financed through its EU ETS carbon emission trading scheme –...
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Tseles John
Jun 42 min read
CO2 border tax (CBAM) may have minimal impact – Study
The EU’s carbon border adjustment mechanism (CBAM) will have minimal impact on imports from outside the EU, environmental think tanks...
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Tseles John
May 302 min read
EU ETS global “test case”, indicates rising prices ahead – study
The EU ETS is a “test case” for carbon pricing schemes around the world and indicates higher prices ahead, the Institute of Energy...
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Tseles John
May 232 min read
South Africa against EU carbon border tax
South Africa is considering lodging a formal complaint at the World Trade Organization against the European Union's "protectionist"...
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Tseles John
May 234 min read
‘User pays’ carbon storage levy to be introduced in UK
The UK’s North Sea Transition Authority (NSTA) has revealed its intention to introduce a levy on carbon storage licenses in the future,...
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Tseles John
May 131 min read
Malaysian carbon exchange to host first local carbon credit auction in July
Malaysia's voluntary carbon market exchange will host an auction of its first Malaysian carbon credits on July 25, stock exchange...
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Tseles John
May 122 min read
CARBON – EUAs rally to 4-month high
The Dec 24 Carbon EUAs contract last traded at EUR 73.50/t, up EUR 0.24 on the day and above last Friday’s settlement of EUR 72.01/t on...
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Tseles John
May 73 min read
AHTI Climate: New research reveals huge FuelEU Maritime benefits available from pooling
Companies that fail to optimise their vessel operations in response to FuelEU Maritime will find their overheads quickly become a...
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Tseles John
Apr 262 min read
EU Net-Zero Industry Act approved
On April 25, the European Parliament approved the Net-Zero Industry Act to bolster EU production in technologies needed for...
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Tseles John
Apr 256 min read
A timeline of EU ETS policy milestones - ETS for EU shipping
A timeline of future EU Emissions Trading System (EU ETS) policy milestones follows, including phases of ETS for EU shipping as it was...
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