Switzerland and Norway Sign Historic Agreement on CO₂ Storage and Trade in Negative Emissions

Jun 18, 2025 | Other

Switzerland and Norway have officially signed a world-first bilateral agreement to cooperate on cross-border CO₂ storage and the regulated trade in negative emissions, setting a new precedent in international climate policy and carbon markets. This agreement marks the...

ENTSO-E Calls for Delay in EU Carbon Border Tax to Prevent Market Distortions

Jun 9, 2025 | Other

The European Network of Transmission System Operators for Electricity (ENTSO-E) has formally called on the European Commission to extend the transitional phase of the Carbon Border Adjustment Mechanism (CBAM) beyond its scheduled end in January 2026. The request, made...

EU Mandates CO₂ Storage for Oil & Gas Producers Under Net-Zero Industry Act

May 28, 2025 | Other

In a landmark step towards climate neutrality, the European Commission has officially mandated 44 major oil and gas companies operating in the EU to collectively develop at least 50 million tonnes of annual CO₂ injection capacity by 2030. This binding requirement, set...

India’s Coal-Based Steel Expansion Threatens Global Climate Goals

May 21, 2025 | Other

India’s ambitious plans to double its steel production by 2030—largely relying on coal-based technologies—pose a significant threat to global efforts to decarbonize one of the most carbon-intensive industries, according to a new report published Tuesday by the Global...

EU and UK Move Toward ETS Linking and Environmental Integration

May 20, 2025 | EU ETS, Other

In a significant step forward for climate cooperation in post-Brexit Europe, the European Commission and the United Kingdom have agreed to work towards linking their respective carbon markets—an ambition that signals renewed trust and deeper economic alignment amid...

China Sets Ambitious 2035 Climate Goals: Xi Confirms Economy-Wide and GHG-Inclusive Targets

Apr 25, 2025 | Other

In a landmark announcement made at the United Nations–Brazil co-hosted virtual summit on climate and just energy transition, Chinese President Xi Jinping declared that China’s climate targets for 2035 will apply to the entire economy and include all greenhouse gases....