EU ETS

The EU's Emissions Trading Scheme is the cornerstone of its decarbonisation policy, but it is currently under fierce pressure for reform from industry groups and some member countries, writes Andrew Warren

BusinessGreen's latest Spotlight webinar explored how imminent reforms to the EU and UK Emissions Trading Scheme and the emergence of the UN-backed CORSIA scheme are re-shaping global carbon markets

WATCH: Top experts reflect on expected changes to the UK and EU's Emissions Trading Schemes and the possible impact of CBAMs on carbon markets - in BusinessGreen's latest Spotlight webinar

BloombergNEF predicts the EU's secondary emissions trading system - known as ETS2 - could see the price of CO2 surge to almost €150 a tonne by the end of the decade

Also this week, the Australian government gets flak over its nature conservation claims, Equinor increases its stake in Ørsted, and France trims its EV subsidy budget

UK businesses stand to benefit from closer alignment between the UK and EU Emissions Trading Schemes, argues BEEF's Andrew Warren

Also this week: Global SUV emissions soar, India adds 10GW of solar in three months, and low EU ETS prices prompt concerns

Lord Mayor Michael Mainelli sets out his vision for boosting the effectiveness of carbon markets

New analysis from Energy UK warns decline in carbon prices could impact investment in clean energy and cost Treasury billions of pounds in lost revenue

The UK in a unique position to learn from the successes and failures of the EU's carbon market, taking what works and tweaking what doesn't, writes EcoAct's Chimdi Obienu