Carbon pricing in a global context In April 2025, governments at the International Maritime Organization (IMO) agreed on a historic global regulation, the Net-Zero Framework (NZF). It was designed to set global shipping on a course to net-zero by 2050 in a just and equitable way. Global shipping is responsible … [continued]
The electric fireplace at the center of our living room creates a lovely ambiance. The ductless heat pump (upper left) efficiently provides the heat to keep us warm.
T&E’s Kädi Ristkok explains why postponing the ETS2 is a bad idea As EU leaders meet to discuss competitiveness and soaring energy bills, Italy, Poland and Czechia are pushing to postpone Europe’s new carbon market for road transport and heating fuels (ETS2). Their concern about rising costs is legitimate. But … [continued]
50 companies, industry associations and civil society organisations urge governments to finalise the transposition of ETS2 and start using the revenues to support vulnerable households. 50 companies and NGOs are calling on governments to start using ETS2 revenues to support vulnerable households’ transition to clean energy. Using frontloaded revenues from … [continued]
The proposal to review the EU Emissions Trading System (EU ETS) comes at a pivotal moment for Europe’s climate, industrial and economic policy. Since its launch in 2005, the EU ETS has become the EU’s flagship climate instrument, helping to reduce emissions from the power sector, industry, aviation and maritime … [continued]
T&E’s in-depth review of the EU Commission’s Electrification Action Plan Electrification is the clearest way to cut energy demand, increase Europe’s competitiveness and lower energy prices. The European Commission’ electrification plan puts direct electrification of transport and other sectors front and centre. Increasing EV sales — cars, vans, buses and … [continued]
Extension of ETS to some international flights, private jets and to smaller ships are steps forward, but overall weakening of the ETS undermines European climate action and energy security. The revision of the EU’s Emissions Trading System (ETS) for aviation falls short of driving the robust climate action needed for … [continued]
Donald Trump made his disdain for global climate action clear the day he pulled the United States out of the Paris Agreement. Since then, his administration has been on a climate bashing marathon, dismantling wind turbines, weakening fuel-efficiency standards, and scuppering an agreement on global maritime transport just a few … [continued]
Scope extension, revenue generation and the use of SAF and contrail allowances under the EU ETS. The revision of the EU Emissions Trading System (ETS) in July 2026 represents a unique opportunity for European aviation. In order to meet the temperature targets set out in the Paris Agreement and ensure … [continued]
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]
China’s national carbon market has reached another expansion point, and the signal is larger than it first appears. The Ministry of Ecology and Environment has extended mandatory carbon reporting beyond the original heavy sectors to include petrochemicals, chemicals, flat glass, copper smelting, papermaking, and civil aviation. That move does not … [continued]
