A reader of my recent end game maritime fuels piece asked a simple question. If Europe keeps pushing carbon prices higher, and if policymakers model €150, €300, or even higher per ton of CO2 in long term guidance, does shipping become inflationary? Does decarbonizing maritime trade raise the cost of … [continued]
Carbon leakage refers to the risk of emissions shifting outside of areas where there are climate policies in order to avoid paying the extra costs of complying with these policies. For aviation this means passengers choosing transfers at hubs near EU borders, such as Istanbul, Doha and Dubai, to avoid … [continued]
At €520 per ton of CO₂ avoided, France’s hydrogen expenditures audit, Final Observations: Support for the Development of Decarbonized Hydrogen (translation by computer), reveals a stark economic reality, that decarbonized hydrogen produced via electrolysis remains stubbornly uneconomic, relying heavily on layers of public subsidies. This cost of abatement significantly exceeds … [continued]
The EU Emissions Trading System will now include pollution from shipping within the EU and also from outside the region.
With the forthcoming EU carbon price for shipping, a legal analysis from Opportunity Green, commissioned by T&E, assesses who should take responsibility. Originally published on Transport & Environment. The European Commission has proposed adding shipping to the EU Emissions Trading System. The proposal sets the shipowner as the responsible entity, … [continued]
The following is an excerpt from a new CleanTechnica report, The Carbon Cure: Effective Actions to Combat Climate Change through Carbon Markets. For more on the types of carbon markets across the world and their role in stabilizing our climate, buy the full report or become a CleanTechnica Member, Supporter, Technician, or Ambassador. Carbon market mechanisms … [continued]
EU regulators have little to fear from shipping companies evading the bloc’s carbon market if it is applied to long-distance voyages, a new study shows.
A new study by Cambridge Econometrics found that the EU’s requirement for oil companies to buy EU pollution permits for diesel and petrol sold to motorists really won’t make a difference in regards to significant emissions reductions.
The European Union has announced that it will link its emissions trading system with Switzerland’s own system, following a decision made by the European Commission.
The European Union Parliament today approved a “backloading” measure designed to reduce the glut of carbon allowances and boost system prices.
