Tseles John
Turkey and Europe join up to promote carbon trading
The European Energy Exchange (EEX) and Turkish energy bourse Enerji Piyasalari Isletme A.S (Epias) have signed a memorandum of...
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Tseles John
Mar 34 min read
EU ETS price slump: The spectre of oversupply haunting Europe
The recent drop in prices on the EU’s Emissions Trading System (EU ETS) threatens to slow industrial decarbonisation and to deprive state...
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Tseles John
Feb 272 min read
ADB study indicates that EU carbon border tax - CBAM will do little to cut emissions
A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big...
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Tseles John
Feb 222 min read
EU Co-legislators Reach Provisional Agreement on the World’s First Certification Framework for Carbon Removals
On 20 February, the Council of the EU and the European Parliament reached a provisional agreement on a regulation establishing a...
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Tseles John
Feb 202 min read
Europe agrees voluntary framework for carbon removals
The European Commission has welcomed the provisional agreement between the European Parliament and the Council on the first EU-wide...
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Tseles John
Feb 162 min read
INTERTANKO about EU ETS Charterparty Considerations (guide)
On 10 May 2023, the European Union adopted the 2023 amendments to the EU ETS Directive 2003/87/EC establishing a system for greenhouse...
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Tseles John
Feb 143 min read
The EU trusts fossil fuel companies to help clean up carbon
In a new plan released on Tuesday (06/02/2024), Brussels confirmed it is investing in some of the world's biggest polluting companies to...
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Tseles John
Feb 132 min read
Ship pools may be the key to saving millions in EU ETS payments
As the EU ETS standards set in, classification society Lloyd’s Register (LR) has released a report illustrating some of the ways...
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Tseles John
Feb 123 min read
The list of Administering Authorities under EU ETS by LR
In 05-02-2024 Lloyd's Register published the 05/2024 publication about The list of Administering Authorities under EU ETS by LR:...
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Tseles John
Feb 73 min read
EU highlights carbon capture in new Carbon Management Strategy
A new strategy released by the European Union (EU) has outlined the potential role that carbon capture technologies could play in...
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Tseles John
Feb 61 min read
Commission Recommends 90% Reduction in Shipping GHG Emissions by 2040
European Commission Recommends 90% Reduction in Shipping GHG Emissions by 2040. The target, which includes shipping, was set in the...
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Tseles John
Jan 295 min read
The EU Carbon Border Adjustment Mechanism (CBAM)
As of October 1, 2023, the transitional phase of the EU’s Carbon Border Adjustment Mechanism (CBAM) has started. It complements the...
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Tseles John
Jan 244 min read
EUAs for EU-ETS compliance drop below €60/mt CO2e
The price of EU Allowances (EUAs) used for compliance with the European Union's emissions trading system has dropped significantly at the...
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Tseles John
Jan 232 min read
EU extends its ETS to the maritime sector
On 1 January 2024, the EU extended the coverage of its ETS to incorporate the maritime sector, as part of the broader EU ETS reform that...
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Tseles John
Jan 142 min read
EU has a long way ahead to meet Net Zero exploiting Carbon Removals
The European Union must raise significantly emissions capture and removals to meet its target to become a carbon-neutral bloc by 2050,...
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Tseles John
Jan 54 min read
Shipping is not the problem. Update of the EU ETS free allocation rules
The EU Emissions Trading System (ETS) is one of the core EU instruments that will drive the decarbonisation of European industry and help...
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Tseles John
Jan 22 min read
EU funds Member States with extra €2 billions of ETS revenues via the Modernisation Fund - Greece benefits during 2024
Under the Modernisation Fund, €2.17 billion disbursed in 20-12-2023, to help modernise the energy systems in nine Member States through...
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Tseles John
Dec 22, 20234 min read
Emissions Trading System (ETS) in shipping. A quick guidance.
On 14 July 2021, the European Commission proposed adding maritime transport to the European Union Emissions Trading System (ETS) to align...
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Tseles John
Dec 18, 20231 min read
The Hidden Costs of the EU ETS Scheme
With two weeks until its implementation, analysts at Clarksons Research have produced data to show the costs of the European Union...
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Tseles John
Dec 14, 20233 min read
Connecting Europe Facility: Nearly €600 million for energy infrastructure
EU Member States have endorsed a Commission proposal to invest €594 million of EU funds in eight cross-border energy infrastructure...
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