Carbon Emissions

EU Plans Early Carbon Market Auctions from July

The European Union plans to conduct early carbon market auctions, starting from July, to raise extra funds to help countries quit Russian gas and cut emissions, the European Commission said on Monday evening. The EU plans to raise 20 billion euros ($21.62 billion) in grants from its carbon market, with 8 billion euros of that […]

Let Me Stop Insuring Carbon Projects 'immediately', NGOs Tell CEOs

A group of climate activists has called on 30 insurance company CEOs to “immediately” stop underwriting new fossil fuel projects in the wake of a stark climate warning from U.N. scientists, a letter, seen by Reuters, showed. Insure our Future, a global consortium of activists, said it sent the letter dated March 21 to companies […]

Rising Airline Emissions Could Trigger Global Caps as Early as 2024 - Trade Group

Rising airline traffic is expected to trigger global emissions-related requirements for some carriers as early as next year, according to a top airline trade group, even as debate broadens on the effectiveness of that approach. A United Nations-led scheme seeks to cap emissions from international flights at 85% of 2019 levels under the first phase […]

EU Seeks to Arrest Industry Decline in Green Transition

The European Union is a global frontrunner in cutting carbon emissions but is also moving to ensure the green transition doesn’t make it an industrial desert, with a raft of measures due to be announced next week. Europe’s industrial competitiveness in relation to the United States and China, the world’s two biggest economies, has become […]

Carbon-Removal Companies Launch Group to Lobby U.S. Government on Policies

More than 20 companies in the burgeoning carbon removal industry on Thursday launched a coalition that will lobby the U.S. government for new policies to help commercialize the nascent technology, which has received a flood of private investment in recent years. The CRA will represent companies developing technologies to remove carbon emissions, buyers of credits […]

e& Commits to a Net Zero Operation by 2030

e& is accelerating its climate action efforts and supporting the UAE’s net zero strategy Sharm El-Sheikh, Egypt, 09 November 2022: e& (formerly known as the Etisalat Group) today declared its net zero targets by 2030, during the Group’s participation at the 27th Conference of the Parties of the UNFCCC (COP27), currently taking place in Egypt, aimed at reducing […]