EU - ETS - Carbon Markets 4/5

EU has a long way ahead to meet Net Zero exploiting Carbon Removals

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,...

8 views0 comments

Shipping is not the problem. Update of the EU ETS free allocation rules

Tseles John

Jan 54 min read

EU - ETS - Carbon Markets

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...

30 views0 comments

EU funds Member States with extra €2 billions of ETS revenues via the Modernisation Fund - Greece benefits during 2024

Tseles John

Jan 22 min read

EU - ETS - Carbon Markets

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...

17 views0 comments

Emissions Trading System (ETS) in shipping. A quick guidance.

Tseles John

Dec 22, 20234 min read

EU - ETS - Carbon Markets

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...

27 views0 comments

Tseles John

Dec 18, 20231 min read

EU - ETS - Carbon Markets

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...

40 views0 comments

Connecting Europe Facility: Nearly €600 million for energy infrastructure

Tseles John

Dec 14, 20233 min read

EU - ETS - Carbon Markets

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...

10 views0 comments

Council of the EU Adopts Position on the Net-Zero Industry Act confirming the Role of CCS

Tseles John

Dec 14, 20231 min read

EU - ETS - Carbon Markets

Council of the EU Adopts Position on the Net-Zero Industry Act confirming the Role of CCS

On 7 December 2023, the Council of the European Union (EU) agreed on its general approach on the Net-Zero Industry Act (NZIA), bringing...

7 views0 comments

BIMCO ADOPTS PORTFOLIO OF FOUR ETS CLAUSES

Tseles John

Dec 8, 20232 min read

EU - ETS - Carbon Markets

BIMCO ADOPTS PORTFOLIO OF FOUR ETS CLAUSES

BIMCO’s Documentary Committee adopted a new Emission Trading Scheme Allowances Clause for BIMCO’s ship management agreement, SHIPMAN, and...

15 views0 comments

Understanding the Impact of the Carbon Border Adjustment Mechanism on Businesses

Tseles John

Nov 27, 20233 min read

EU - ETS - Carbon Markets

Understanding the Impact of the Carbon Border Adjustment Mechanism on Businesses

The Carbon Border Adjustment Mechanism CBAM is an EU CO2 taxation mechanism to support decarbonization strategies and combat carbon...

6 views0 comments

Understanding BIMCO's Time Charter Clause for Emissions Trading Schemes (ETS)

Tseles John

Nov 20, 20231 min read

EU - ETS - Carbon Markets

Understanding BIMCO's Time Charter Clause for Emissions Trading Schemes (ETS)

The Emissions Trading System Allowances (ETSA) Clause 2022 for Time Charter Parties is available to download free of charge from BIMCO’s...

56 views0 comments

Unpacking the European Shortsea Network's Criticism of EU ETS in Light of Procopiou's Actions

Tseles John

Nov 18, 20232 min read

EU - ETS - Carbon Markets

Unpacking the European Shortsea Network's Criticism of EU ETS in Light of Procopiou's Actions

There has been extensive speculation of the cost for shipping from the European Union’s Emissions Trading System. In Hecla Emissions...

9 views0 comments

Why Carbon Capture and Storage is Vital for Meeting Climate Targets in the EU

Tseles John

Nov 15, 20233 min read

EU - ETS - Carbon Markets

Why Carbon Capture and Storage is Vital for Meeting Climate Targets in the EU

A coalition of industry leaders, environmental advocates, and policymakers have called for the inclusion of Carbon Capture and...

8 views0 comments

The Impending Impact of Emission Regulations on European Shipping Industry

Tseles John

Nov 13, 20233 min read

Maritime transport of CO2

The Impending Impact of Emission Regulations on European Shipping Industry

Ships carrying everything from consumer goods to food and fuel in and out of the European Union will soon face hefty emissions bills. The...

9 views0 comments

Challenges and Implications of ETS Payment: Who will shoulder the Cost?

Tseles John

Nov 13, 20233 min read

EU - ETS - Carbon Markets

Challenges and Implications of ETS Payment: Who will shoulder the Cost?

The shipping industry is already in the process of entering a new era, through its inclusion in the EU’s Emissions Trading Scheme....

17 views0 comments

India's acceptance of EU's Carbon Emissions default values in CBAM

Tseles John

Nov 9, 20232 min read

EU - ETS - Carbon Markets

India's acceptance of EU's Carbon Emissions default values in CBAM

During the ongoing transition phase of the EU’s Carbon Border Adjustment Mechanism (CBAM), India is likely to accept the bloc’s default...

5 views0 comments

A global tax on carbon dioxide emissions is proposed by the IMF

Tseles John

Oct 14, 20232 min read

EU - ETS - Carbon Markets

A global tax on carbon dioxide emissions is proposed by the IMF

The Fund notes that several countries are largely focusing their emissions reduction policy on public investments for the green...

3 views0 comments

Three German shipowners collaborate on EU ETS software solution

Tseles John

Oct 8, 20232 min read

EU - ETS - Carbon Markets

Three German shipowners collaborate on EU ETS software solution

MPC Container Ships, Harren Group, and Zeaborn Ship Management have cooperated with Berlin-based firm zero44 to develop a new EU ETS...

4 views0 comments

Singapore develops carbon market and rules in parallel

Tseles John

Oct 8, 20235 min read

EU - ETS - Carbon Markets

Singapore develops carbon market and rules in parallel

A set of eligibility criteria was released on Wednesday to ensure that the carbon credits used by companies to offset part of their...

1 view0 comments

EU carbon border tax | Hydrogen and ammonia importers now have to report greenhouse gas emissions

Tseles John

Oct 5, 20233 min read

EU - ETS - Carbon Markets

EU carbon border tax | Hydrogen and ammonia importers now have to report greenhouse gas emissions

Companies importing hydrogen and ammonia into the EU will now have to report their greenhouse gas emissions (both direct and indirect) to...

6 views0 comments

SSY introduces EU carbon market compliance service

Tseles John

Sep 17, 20232 min read

EU - ETS - Carbon Markets

SSY introduces EU carbon market compliance service

London-based Simpson Spence Young (SSY) has launched a new service to secure carbon allowance procurement for clients ahead of shipping’s...

2 views0 comments

Subscribe to Our Newsletter

Accessibilty Statement