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
Revised SBTi standard amplifies role of internal carbon prices, carbon credits, and Environmental Attribute Certificates (EACs)
A 'Blue Wave' may need a greyer shade of green in the Golden State
Government announces it will break link with net zero target
In today's article I discuss the decision by the German government to subsidise the industrial electricity price from early 2026. Whether it leads to a rejuvenation in the country's battered industrial heartland and increases demand for EUAs is another matter. I fear that something more fundamental
Bill Gates' latest article argues that there are three tough truths about climate that everyone at COP30 needs to know: 1) climate change is a serious problem, but it will not be the end of civilisation, 2) temperature is not the best way to measure our progress on climate,
Electrification of oil and gas production is controversial, but necessary
Advanced cookstove methodologies offer a promising recipe to slash emissions and cut air pollution
Biodiversity credits and offsets are a distraction from the real problem
Climate policy trade-offs complicate the outlook for eurozone monetary policy
“Adaptation, by building resilience to climate impacts, avoids damaging decreases in income." - Nicholas Stern The Earth has reached its first catastrophic tipping point linked to rising GHG emissions. The Global Tipping Points report, led by the University of Exeter warns that warm water coral reefs now face long-term
A super-pollutant gets the cold shoulder
The evolution of carbon credits fits a pattern of financial innovation
The $500 billion Scope 3 opportunity
Investment funds race to stack EUA futures as price breakout looms
"Waiting for a train to go or a bus to come, or a plane to go or the mail to come, or the rain to go or the phone to ring, or the snow to snow or waiting around for a Yes or No or waiting for their hair
Economic development coupled with climate policies is the pathway to lower emissions
Is this the next trillion dollar market?
With a little over three months until the EU's Carbon Border Adjustment Mechanism (CBAM) comes into force on 1st January 2026, commodity traders are still battling to navigate their way through the regulation's last remaining ambiguities. In an attempt to address these concerns the European Commission
Decision to reauthorise Cap-and-Invest Program an inflexion point for carbon markets in North America
Coal-fired power generation capacity accounts for around 40% of Asia's energy mix, well above the global average of 25%. Although the share has dropped by 10 percentage points since 2010 (in part due to the rapid growth of solar generation capacity), continued investment in new coal-fired power plants