A green and level playing field?
The European Commission faces a tortuous task refereeing CBAMs winners and losers
Peter Sainsbury
#EUAPredict 2026
What's your forecast for the EU carbon price in 2026?
Carbon pricing doesn't have to be taxing
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,
A statement of intent
What Mark Carney's 'variable geometry' approach reveals about the future of carbon pricing in Canada
Repost: A uniform global carbon price is unworkable, and unnecessary
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
Committed traders
"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
Carbon Risk 2025 year in review
A look back at year four of the Carbon Risk newsletter
What now for America's state carbon markets?
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,
Walking the torque
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
Join the club
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
An article of faith
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
Eyes on the prize
Revised SBTi standard amplifies role of internal carbon prices, carbon credits, and Environmental Attribute Certificates (EACs)