CBAM: Benchmarks delayed amid rule finalisation

Oct 1, 2025 | Other

The European Commission has confirmed that although the bulk of the implementing rules for the EU’s Carbon Border Adjustment Mechanism (CBAM) will be adopted before the end of 2025, the finalised benchmarks — which determine how many free ETS allowances are deducted...

ERCST: Europe’s 2040 climate target – Balancing ambition and economic reality

Sep 21, 2025 | European Energy Markets, Other

In July 2025, the European Commission advanced a proposal to enshrine a 90% reduction of greenhouse gas emissions by 2040 compared to 1990 levels. This objective, which amends the European Climate Law, follows the Commission’s earlier communication on Europe’s climate...

Europe and India align carbon markets under CBAM

Sep 20, 2025 | Other

The European Union announced it will integrate India’s Carbon Credit Trading Scheme (CCTS) into its Carbon Border Adjustment Mechanism (CBAM). This means any carbon price paid under India’s domestic market will be deducted from CBAM charges, reducing the risk of...

CBAM: European Parliament backs simplifications to EU carbon border rules

Sep 10, 2025 | Other

The European Parliament has approved significant changes to the EU’s Carbon Border Adjustment Mechanism (CBAM), easing administrative requirements for small and medium-sized importers while maintaining the regulation’s core climate ambition. On Wednesday, MEPs adopted...

Germany launches industrial rescue dialogue amid auto-steel turmoil

Sep 6, 2025 | Other

Earlier this month, Chancellor Friedrich Merz unveiled plans for what he dubbed the Steel Summit—a high-level gathering aimed at tackling the mounting crises facing Germany’s automotive and steel sectors. This decision stemmed from an open letter by leading car...

EEX: Early Carbon Pricing Signals for Global Exporters

Sep 5, 2025 | Other

The European Energy Exchange (EEX) has introduced a new CBAM Reference Price index, designed to increase transparency around the future costs associated with the EU’s Carbon Border Adjustment Mechanism (CBAM). Published weekly since the end of August 2025, the index...