Climate Targets

EU proposes 90% emissions reduction target for 2040 – with flexibility to use carbon credits

"Allowing offsets to meet climate goals is a cop out."

Melodie Michel

02 July 2025

Carbon market

Low ETS price could undermine UK’s net zero aspirations

Between 2021 and 2023, GHG emissions in sectors covered by the UK’s cap and trade scheme went down by 11 million tonnes.

Melodie Michel

30 June 2025

Policy & Standards

EU and UK strike deal to link emissions trading schemes

The agreement is expected to save UK companies £800 million by 2030.

Melodie Michel

20 May 2025

EU ETS

Emissions covered by EU ETS down by 50% since 2005

The EU is on track to achieve a 62% reduction in EU ETS emissions by 2030.

Melodie Michel

07 April 2025

Net zero

EU emissions down 8%: ‘largest annual drop in decades’

Most high-emitting sectors made record progress in reducing emissions in 2023.

Melodie Michel

04 November 2024

Policy & Standards

Investors managing US$29 trillion call for stronger climate policies – including carbon pricing

Yet it’s estimated that only 1% of global emissions are currently priced high enough to meet the goals of the Paris Agreement.

Melodie Michel

17 September 2024

Operations & Finance

Carbon costs and rising green steel demand justify €4.5 billion mill investment for SSAB

Set to begin operations by 2029, the company's new fossil-free mill will expand production capacity by 0.5 million tonnes a year.

Melodie Michel

03 April 2024

Policy & Standards

UK to apply carbon border adjustment mechanism from 2027

UK government aligns with EU on CBAM but doesn't go as far as linking emissions trading schemes.

Melodie Michel

18 December 2023