Post by CO2 IQ

📰 Carbon markets are in motion: While the EU is debating the future of its ETS, global carbon pricing is expanding. Europe is seeking to balance industrial competitiveness with carbon pricing ambition. What is often overlooked: globally, carbon markets are on the rise. CBAM is one driver. With the reduction of CBAM certificates for carbon prices paid, it sets incentives for non-EU countries to follow EU-aligned carbon market rules. Meanwhile, CBAM implementation is moving deeper into operations. What else is new this quarter: 🔸 First EU CBAM Certificate price sets carbon costs at 75.36 EUR/tCO2 🔸 Procurement teams are at the forefront of CBAM implementation 🔸 EC draft outlines rules for carbon price deductions in CBAM 🔸 UK publishes draft rules for CBAM emissions & verification 🔸 Globally, one third of emissions to be priced by 2030 🔸 EU ETS reform proposals expected soon 🔸 EU steel protection measures adopted 📩 Our Q2 newsletter breaks down the most relevant regulatory and market developments in EU carbon pricing – and what they mean for companies in practice. 👉🏾 Read the online version, subscribe to our news list and join next week’s update webinars (link in comments 👇). #CBAM #EUETS #CarbonPricing #CarbonMarkets #Procurement #ImportCompliance #IndustrialPolicy