Commuters in New Delhi, the capital of India, coughed and spluttered through the worst air pollution in nearly a decade this winter, the smog hanging deeply over the crowded city streets. The city's air quality index was more than six times acceptable levels for 53 days during November
The European Commission faces a tortuous task refereeing CBAMs winners and losers
What's your forecast for the EU carbon price in 2026?
Carbon pricing has come under increasing pressure over the past 12 months amid affordability concerns, allegations of state overreach, and opposition parties using the issue to drive a wedge between voters. The outcome has been delays, proposals to slow the rate at which emissions must decline, and in some cases,
What Mark Carney's 'variable geometry' approach reveals about the future of carbon pricing in Canada
In a little over three weeks time, on 1st January 2026, the EU's Carbon Border Adjustment Mechanism (CBAM) comes into force. It promises to extend the EU's carbon prices beyond its borders for the first time, ensuring that imports of carbon intensive products covered by the
"Calling someone who trades actively in the market an investor 'is like calling someone who repeatedly engages in one-night stands a romantic.'" — Warren Buffett Committed traders? Surely an oxymoron on a par with 'passive investment' and 'deafening silence'. The resolution to this
A look back at year four of the Carbon Risk newsletter
Carbon pricing mechanisms cover approximately 10% of the United States emissions including California, Washington State, and a group of ten or so states in the northeast – New York, Massachusetts, and New Hampshire among them. Although the carbon price across these states varies from around $25 to $70 per tonne CO2,
Earlier this year, European electrical engineering company ABB, announced that one of its largest industrial electric motors had set a new world record, achieving an incredible 99.13% efficiency during testing. The previous record of 99.05%, also held by ABB had stood for eight years. This large synchronous electric
Every major climate agreement, from the 1997 Kyoto Protocol to the 2015 Paris Agreement, relies on disparate states voluntarily taking action to reduce their emissions to collectively help tackle climate change. Although a significant improvement on the mechanisms setup under Kyoto, the Paris climate accord does not confer any costs
The European Parliament has voted in favour of cutting net emissions by 90% compared to 1990 levels by 2050, backing an earlier agreement reached by the European Council. The plan also means that starting in 2036, up to 5% of the emission reduction can be achieved through the purchase of