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Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent

February 6, 2023 by Simon Göss

A fortnight ago we published Simon Göss’s explainer of the big changes happening to the EU’s Emissions Trading Scheme (ETS). That article covered the new rules coming in for the existing EU ETS, and the implementation of the new carbon border adjustment mechanism (CBAM). This article explains the introduction of an EU ETS II that extends emissions trading to the buildings sector, road transport and the usage of fuels in other, as of now not … [Read more...]

Filed Under: Energy, Markets, Policies Tagged With: budgets, buildings, emissions, ETS, EU, EUETS, fuels, InnovationFund, ModernisationFund, revenues, roads, SocialClimateFund, transport

Can Global Shipping turn talk into action on reducing emissions?

December 15, 2022 by Christiaan De Beukelaer

This week the International Maritime Organisation (IMO) member states are meeting to find ways and agree on how to step up their climate goals. Strategies and targets have been presented, but agreement and binding commitments are needed urgently. There are big differences of opinion within the IMO, and it might turn out that regional and industry developments will drive change faster, explains Christiaan De Beukelaer at Durham University. For … [Read more...]

Filed Under: Energy, Transport and energy Tagged With: ammonia, emissions, EU, fuels, hydrogen, IMO, LNG, MarshallIslands, shipping, US

Aviation, Steel, Shipping CEOs ask COP26 to back their decarbonisation pathways

October 21, 2021 by John Matson

The seven “hardest to abate” industries together account for 30% of global greenhouse gas emissions. They are aviation, steel, shipping, cement, aluminium, trucking and chemicals. John Matson at RMI explains how a growing number of sector-leading corporates in aviation, steel and shipping are now openly backing net-zero pathways. He quotes CEOs and top executives (ArcelorMittal, United Airlines, Trafigura) on what they say they are determined to … [Read more...]

Filed Under: Energy, Industry Tagged With: Airbus, aluminium, ArcelorMittal, aviation, CarbonBorderAdjustment, CarbonPrice, cement, chemicals, COP26, decarbonisation, Delta, electrification, emissions, fuels, investment, KLM, Maersk, shipping, steel, Trafigura, trucking, United Airlines, VirginAtlantic

Most read this week

  • ‘Green Deal Industrial Plan’ explainer: 40%+ of the top low-carbon technologies must be made in the EU by 2030 by Daisy Dunne | posted on March 24, 2023
  • What is the future of Woody Biomass in the EU energy mix? by Simon Göss | posted on March 21, 2023
  • Blending Hydrogen into the gas network: the challenges of pipeline fractures, faster flow rate + more by NREL | posted on March 10, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Hydrogen’s innovation pipeline: signals strong ahead of World Hydrogen Summit in Rotterdam, May 9-11, 2023 by Ian Shine | posted on March 21, 2023
  • Should U.S. DOE risk funding methane-based Hydrogen production when CCS is still not proven? by Suzanne Mattei | posted on March 27, 2023
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • Silicon Valley Bank failed. Don’t blame the Climate Tech it backed by Rushad Nanavatty | posted on March 23, 2023
  • Buildings “Energy Performance Certificates”: piloting new tools to ramp up renovations by Patricia Contreras Tejada | posted on March 20, 2023
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  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • Extract CO2 from our air, use it to create synthetic fuels by James Conca | posted on October 11, 2019
  • U.S. IRA: what can Europe do to stop its firms relocating to America? by Charles Wessner | posted on March 17, 2023
  • New U.S. study: damage per ton of CO2 costs $185, not the official $51 by Maximilian Auffhammer | posted on October 7, 2022
  • EU ETS and CBAM: what the big update to emissions trading rules means for Europe’s key sectors by Simon Göss | posted on January 16, 2023
  • Critical Minerals: will there be enough to meet the 2050 net-zero emissions target? by Lilly Yejin Lee | posted on March 14, 2023

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      Recent Posts

      What is the future of Woody Biomass in the EU energy mix?

      The problem with CO2e: we need separate emissions data for each climate pollutant (methane, soot, etc.)

      Should U.S. DOE risk funding methane-based Hydrogen production when CCS is still not proven?

      ‘Green Deal Industrial Plan’ explainer: 40%+ of the top low-carbon technologies must be made in the EU by 2030

      Silicon Valley Bank failed. Don’t blame the Climate Tech it backed

      Hydrogen’s innovation pipeline: signals strong ahead of World Hydrogen Summit in Rotterdam, May 9-11, 2023

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