RCI Releases Policy Proposals for Renewable Carbon Transition
The RCI has released a report outlining ten policy proposals to expedite the transition to renewable carbon in feedstocks and materials
EU ETS Emissions Drop Around 50% Below 2005 Levels
The EU ETS has successfully reduced emissions in covered sectors by around 50% since 2005, with the power sector being a key driver, and is on track to achieve the 2030 target of -62%
Brazil Proposes, EU Cautions Forming Climate Change Council
Brazil’s proposal to establish a climate change council to expedite the implementation of COP decisions has sparked cautious responses from key developed countries
EU Softens Stance on Regulations, Reporting, Due Diligence
The EU has decided to postpone the current reporting requirements for the majority of companies by two years to prevent enactment of previously agreed laws before negotiations are finished
EU May Impose Up To $80 In Carbon Taxes On Indian Steel Imports
Indian steel exports to the EU may face surcharges of up to $80 a tonne on account of being more carbon intensive.
France Italy Slovakia called for EU carbon roll-back
Documents show that these countries are pressuring the EU to dilute and simplify CBAM due to excessive business complexity.
EFRAG, CDP Announce Interoperability
Interoperability enhances transparency, efficiency, and transparency for companies, enabling ESRS1 reporters to complete CDP disclosures and preparing them for CSRD reporting requirements
Morocco Greenlights $32.5 Billion Green Hydrogen Projects
Morocco aims to increase its renewable energy capacity to 52% by 2030 and establish itself as a significant hydrogen supplier in the EU
Here’s how the EU Plans to Decarbonize its Automotive Industry
The EU has drafted an action plan besides the Decarbonize Corporate Fleets Communication to promote green fleet practices
All that You Want to Know About the New EU Omnibus
The first ‘Omnibus’ package includes simplification in sustainable finance reporting, sustainability due diligence, EU Taxonomy, CBAM, and European investment programs
Fairness Concerns Cloud EU’s CBAM
CBAM, currently affecting only 1.64 percent of India’s total exports, is an additional tax burden and trade barrier
EU Postpones ESRS Deadline by Two Years
The new directive postpones the adoption of the ESRS for non-EU companies to June 2026, and the 2028 reporting obligations to 2030
