Landmark Policy Boost for China’s National ETS

On 24 May 2025, China’s State Council released an 8-page top-level guidance document titled “Opinions on Promoting Green and Low‑Carbon Transformation and Strengthening the Construction of the National Carbon Market”. This marks a significant upgrade in policy...

CBAM Reform: EU Eases Rules, Exempts 90% of Importers

The European Parliament and the Council of the European Union have reached a political agreement on a significant revision of the EU’s Carbon Border Adjustment Mechanism (CBAM). The reforms, part of the broader “Omnibus I” simplification package, are aimed at reducing...