Pushing back on EU ETS myopia

For Europe's most influential lobby group, carbon pricing is a delicate balancing act

KAU-pop!

Korean carbon price jumps 50% as government gets serious about climate, but AI clean energy conundrum awaits

Climate policy under a new world order

Retracement, evolution, or revolution?

Refund policy

Industry compensation for indirect carbon costs must be conditional

Australia needs a 'climate competitiveness strategy'

Phasing out the Diesel Fuel Tax Credit to mining companies would be a good start

Mixed signals

Last years crash in the New Zealand carbon price holds lessons for policymakers everywhere

When Europe sneezes, Britain catches a cold

UK carbon price down ~40% since mid-January

Cap-and-Invest

Europe set to leverage its carbon markets to boost investment in decarbonisation

Repost: Whose carbon?

Emerging economies struggle to balance climate finance and carbon sovereignty

No tree grows to heaven

EUAs caught in cross-commodity liquidation

Europe's new joule order

Europe imports more than half of the energy it needs, making it vulnerable to geopolitical and economic coercion – whether by friend or foe. Europe's precarious position could get even worse if it fails to act. If the EU fulfils all of its signed LNG supply deals and fail

Return of the MACC

The marginal abatement cost (MAC) curve has been an important tool for climate tech investors, carbon market traders, and policymakers. Sloping upwards from left to right, the MAC curve gradually steepens as additional tonnes of emissions get increasingly more difficult, and hence more costly, to abate. The marginal abatement cost,

Carbon credits 2.0

The verified carbon market climbs the slope of enlightenment

Northern Lights the way

Europe's CO2 network is being bult in the North Sea, but for now it remains fragile

€100 carbon draws near

Europe's cornerstone climate policy shrugs off the gloom

Trading hazes

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

A green and level playing field?

The European Commission faces a tortuous task refereeing CBAMs winners and losers

#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,