Levi McAllister, Sidanth Rajagopal and Jennifer Trock of Morgan Lewis discuss ESG commitments and challenges in the global ...

Not long ago, the idea of buying and selling permission to pollute the earth might have sounded absurd. But today, carbon ...

The European Union Emissions Trading System (EU ETS) is coming into effect for the maritime transportation sector on January 1, 2024. Here’s what that means. The EU ETS launched in 2005 and on ...

To achieve the necessary emission reductions, the scope of the EU Emissions Trading System (ETS) has been expanded to include maritime transport emissions, effective January 1, 2024, with a two ...

On Jan. 1, 2024, a large segment of commercial merchant vessels will be subject to an emissions-cap-and-trade system. November 27, 2023 at 01:29 PM 5 minute read Cargo and Shipping By Keith Letourneau ...

The European Union now has the most developed emissions trading system (ETS) of any market globally, analysts at BMI, A Fitch Solutions company, said in a report sent to Rigzone recently.

The ADB paper finds that while the EU’s CBAM and expanded carbon pricing can significantly reduce global emissions, they are insufficient alone to meet climate targets. Broader international ...

The Union of Greek Shipowners (UGS) sees no reason for the European Union to keep regulating ships’ carbon emissions after ...

Canada on Wednesday said it plans to unveil a cap and trade system starting in 2026 for limiting emissions from the oil and gas sector, a step toward fulfilling one of Prime Minister Justin ...

Cap-and-trade is supposed to make the biggest carbon emitters pay for their pollution. But Seoul-based group Plan 1.5 says South Korea’s system has helped those companies make millions.

Vessels carry more than 80% of world trade and are a big source of emissions, pumping about 1 billion tons of CO2 into the atmosphere in 2018. The incoming system is the world’s first large ...