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Carbon Pricing
May 23, 2025
Updated: European Parliament supports CBAM amendments
On May 22, the European Parliament voted in favor of proposed amendments to the Carbon Border Adjustment Mechanism (CBAM), originally introduced by the European Commission in February.
May 20, 2025UK, EU agree to link carbon trading systems to ease trade barriers
UK and EU reached an agreement to establish a framework compatible with their respective Emissions Trading Systems (ETS) on May 19, which includes defining CBAM exemptions and mutual recognition of emission allowances.
April 14, 2025IMO reaches initial deal on first global shipping carbon pricing
The United Nations’ International Maritime Organization (IMO) on April 11 reached a historic deal on the world’s first carbon pricing mechanism for the shipping industry.