Articles tagged with "carbon-pricing"
US-Led Pressure On Shipping Deal An Attack On EU Sovereignty, Says T&E - CleanTechnica
The article from CleanTechnica reports that the US, UAE, Saudi Arabia, and other oil-producing countries are pressuring the European Union to abandon its stringent green shipping regulations in favor of a weaker global agreement under negotiation at the International Maritime Organization (IMO), known as the Net Zero Framework (NZF). This framework would impose only modest carbon pricing on shipping emissions and is criticized for being significantly less ambitious than the EU’s existing measures, such as the Emissions Trading System (ETS) and the FuelEU Maritime law, which mandate carbon pricing and green fuel use. The pressure includes demands for the EU to drop its own carbon pricing and green fuel mandates, which would undermine years of progress in Europe’s decarbonization and energy transition efforts. Transport & Environment (T&E), an environmental advocacy group, warns that accepting the US-led deal would compromise EU sovereignty and climate leadership by handing control over to foreign oil interests. The NZF would exempt about 85% of Europe’s shipping emissions from carbon
energydecarbonizationshipping-emissionscarbon-pricinggreen-fuelsEU-energy-policyclimate-actionCarbon Leakage in the Aviation Sector: Is it a problem, and if so, what can be done to address it? - CleanTechnica
The article from CleanTechnica examines the issue of carbon leakage in the aviation sector, particularly in relation to the European Union’s climate policies such as the EU Emissions Trading System (ETS) and the Fit for 55 package. Carbon leakage occurs when emissions shift outside regulated areas to avoid compliance costs, for example, passengers choosing connecting flights through non-EU hubs like Istanbul, Doha, or Dubai to bypass EU climate charges. However, recent analyses commissioned by Transport & Environment (T&E) and conducted by CE Delft and Lexavia Aviation Consultants reveal that the risk of carbon leakage in aviation is minimal. At most, only about 3% of the expected 38.4 million tons of CO2 emissions savings by 2035 could be lost due to leakage, indicating that EU climate measures remain largely effective. The risk is mainly concentrated on a few long-haul routes, and expanding the EU ETS to all departing flights would only marginally increase ticket prices by 2-6%, with non-E
energycarbon-leakageaviation-emissionsEU-Emissions-Trading-Systemsustainable-aviation-fuelclimate-policycarbon-pricingShipping's Climate Reckoning: The IMO’s $36 Billion Pivot - CleanTechnica
The article discusses the International Maritime Organization’s (IMO) recent decision to implement carbon pricing on shipping fuels, marking a significant $36 billion shift toward decarbonizing the shipping industry. Tristan Smith, director of UMAS and a professor at University College London, provides expert insight into the complex and uncertain landscape of maritime decarbonization. He highlights the industry's struggle to identify a clear dominant alternative fuel, noting that once-promising options like LNG, methanol, and hydrogen have lost favor due to cost and feasibility concerns. The nuclear option has also resurfaced, but consensus on the best path forward remains elusive. Smith emphasizes that the future fuel pathway will largely depend on current choices made by the shipping sector, as the types of ships built will influence fuel production infrastructure development. This creates a feedback loop where fleet decisions and fuel availability shape each other. Many industry players are hesitant to commit to a specific fuel type without clearer evidence of supply infrastructure, leading some to hope biodiesel might fill the gap despite
energymaritime-decarbonizationshipping-industrycarbon-pricingclean-fuelshydrogen-fuelsynthetic-fuelsIMO’s Crucial Moment: How Shipping Finally Started Tackling Climate Change - CleanTechnica
The article centers on a conversation with Tristan Smith, a maritime decarbonization expert and director of UMAS, discussing recent progress by the International Maritime Organization (IMO) in addressing climate change through shipping. Smith’s background in defense engineering shifted toward maritime decarbonization about 15 years ago, leading him to work extensively on policy, technology, and corporate behavior related to reducing shipping emissions. His leadership in the 2014 IMO greenhouse gas study helped establish credibility and influence within the IMO, enabling him to advise member states on climate policy for shipping. Smith explains the distinction between domestic and international shipping emissions, noting that domestic emissions fall under individual countries’ jurisdiction and are included in their nationally determined contributions (NDCs) under the UNFCCC. In contrast, international shipping emissions—occurring on the high seas—are regulated by the IMO. These emissions are significant, estimated at about one gigaton of CO₂ equivalent annually, with operational CO₂ alone around 700 million tons. The
energymaritime-decarbonizationclimate-changeshipping-fuelsInternational-Maritime-Organizationcarbon-pricingsustainable-shippingWhy Clean Equals Competitive When Building Canada’s Trade Alliances Beyond the US - Clean Energy Canada
The article from Clean Energy Canada highlights the urgent need for Canada to diversify its trade alliances beyond the United States in response to deteriorating trust and unpredictable trade policies under the Trump administration. Canada is well-positioned to pivot towards global markets, as it holds trade agreements covering 60% of the global economy. Importantly, Canada’s top non-US trade partners have committed to net-zero emissions, implemented carbon pricing, and are adopting carbon border adjustments and electric vehicle (EV) requirements. These policies signal a global shift away from fossil fuels toward clean energy, creating growing demand for low-carbon products and technologies. Canada’s competitive advantage lies in its abundant clean energy resources, low electricity costs, and rich deposits of critical minerals essential for clean technology, such as cobalt, lithium, nickel, and copper. The country’s renewable energy capacity has expanded significantly and continues to attract substantial investment, with Indigenous partnerships playing a key role. The global market for clean energy technologies is projected to nearly triple by 2035, offering Canada an opportunity to grow its clean economy, support domestic demand, and increase exports. To capitalize on this, the article recommends a coordinated industrial policy focused on industries that align with net-zero goals, trade diversification, and building domestic clean supply chains using Canadian resources and expertise. In summary, Canada’s future economic competitiveness hinges on embracing clean energy and leveraging its natural and technological assets to meet the evolving demands of global trade partners committed to sustainability. This strategic shift will help Canada reduce reliance on the US market, enhance energy security, and position the country as a leader in the global clean economy.
clean-energyrenewable-energycarbon-pricingelectric-vehiclesclean-technologyenergy-policylow-carbon-economyPrime minister’s mandate letter creates clear opportunities for building a cleaner, more affordable Canada - Clean Energy Canada
clean-energyelectric-vehiclessustainable-constructioncarbon-pricingenergy-efficiencyrenewable-resourcesclean-technologyHow to Defuse the EU’s Carbon Tax Time Bomb
energycarbon-pricingclean-energyEU-regulationssustainabilityenvironmental-policyenergy-costsClimate accountability report highlights need to modernize B.C.’s approach to climate action
climate-actionBritish-Columbiaclean-energyclimate-accountabilityzero-emission-vehiclescarbon-pricingenvironmental-policyCanada’s 10 largest non-U.S. trade partners focused on building clean economies, and Canada can deliver: report
Canadatrade-partnersclean-economynet-zero-commitmentscarbon-pricingeconomic-diversificationelectric-vehicles