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Analysts forecast that sectors covered by the EU ETS2, which is due to come into force in 2027, could see around a 20% drop in emissions by 2030, compared to 2023, and prices would reach around €100 ...

European ministers signalled strong momentum for reforming the EU Emissions Trading System for heating and transport (ETS2) at an Environment Council on Tuesday, with a majority of the bloc's 27 ...

Pricey power is the biggest obstacle to the UK’s decarbonisation, standing in the way of a faster shift to heat pumps, electric vehicles, and the wider rise of electrification, energy experts said on ...

BP has reported a year-on-year drop in profits in the first quarter after a slide in oil and gas prices, increasing pressure on the board to redirect the energy company's strategy back to the energy ...

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Indonesia’s Just Energy Transition Partnership (JETP) secured $60 million on Tuesday to fund a 92 MW solar power project, signalling that despite the US exit earlier this year, the partnership that ...

The path to a global carbon pricing system is fraught with challenges, from market fragmentation to leakage issues, but by fostering regional cooperation and utilising Article 6, countries can bring ...

The recently added members of the BRICS bloc are building over 10 times as much coal, oil, and gas capacity as wind and utility-scale solar, according to a report released Tuesday, which found that ...

China has laid out this year's policy priorities for regional governments to speed up the construction of spot power markets, according to a government notice published Tuesday, its latest bid to ...

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A British climate action platform has unveiled a carbon project assessment framework aimed at raising the bar for transparency in the voluntary carbon sector, which is endorsed by four of the major ...