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Republican Senator Says Trump Could Back this Climate Bill

by Kelsey Brugger (Politico Pro Greenwire) Bill Cassidy of Louisiana discussed his legislation during an energy summit back home. -- Louisiana Republican Sen. Bill Cassidy convened energy industry executives this month to promote an idea that historically has been derided in conservative

October 23, 2024 Read Full Article

Visualized: The Price of Carbon Around the World

(Motive-Power) ... Only 1% of global emissions are priced high enough to meet the Paris Agreement’s temperature target in 2024. This chart, created in partnership with the National Public Utilities Council, shows carbon prices around the world using data from the World Bank. Let’s start

July 11, 2024 Read Full Article

New Foes Emerge in Carbon Bill Fight: Oil Refiners

by Kelsey Brugger and Emma Dumain (E&E Daily)  Three prominent oil refiners have been raising concerns with Republicans over legislation that would study the carbon intensity of domestic products. Some of the nation’s largest oil companies have been raising concerns with congressional

June 21, 2024 Read Full Article

Argus Guide to the EU CBAM Regulation

(Argus Media) Market insight papers: Argus Guide to the EU CBAM regulation -- The Argus Guide to EU Carbon Border Adjustment Mechanism (CBAM) is extremely timely and insightful. It explains what CBAM is, how it will work, the timeline and what it means

May 30, 2024 Read Full Article

Argus Guide to the EU CBAM Regulation

(Argus Media) The Argus Guide to EU Carbon Border Adjustment Mechanism (CBAM) is extremely timely and insightful. It explains what CBAM is, how it will work, the timeline and what it means for the fertilizer sector in Europe and abroad. Key

May 02, 2024 Read Full Article

The Green Revolution Sweeping Sweden

by Per Liljas (Washington Post)  A boom of renewable-powered industries has found a home in northern Sweden, fueling the country’s ambitions of a fossil-free economy -- ... A boom of renewable-powered industries has given rise to what has been dubbed a “green

February 28, 2024 Read Full Article

Studies Say Amsterdam’s Schiphol Airport Must Cut Emissions over 30% by 2030 and Cap Demand

by Tony Harrington (GreenAir Online)  New research commissioned by Royal Schiphol Group, which operates Amsterdam’s Schiphol Airport, has concluded it must cut carbon emissions by at least 30% below 2019 levels before 2030 – compared to the national ambition of 9%

February 27, 2024 Read Full Article

The Hydrogen Economy: Making Green Steel Achievable

by Daren E. Daugaard (Lee Enterprise Consulting/Biofuels Digest)  ...  Steel and iron production ranks first in total global CO2 emissions at 8% and second in overall energy consumption.  The industry must pivot aggressively and innovatively to meet modern challenges regarding emission prescribed

November 20, 2023 Read Full Article

Cassidy Leads Introduction of Foreign Pollution Fee to Hold China Accountable

(Office of Senator Bill Cassidy R-LA)  Fee counters CCP’s manufacturing advantage, environmental loopholes while boosting domestic production -- U.S. Senators Bill Cassidy, M.D. (R-LA), member of the Senate Energy and Natural Resources (ENR) Committee and the Finance Committee, and Lindsey Graham (R-SC)

November 03, 2023 Read Full Article

The Digest’s 2023 Multi-Slide Guide to Hydrogen & Derivatives

by Jim Lane (Biofuels Digest) This week on the Digest webinar stage, we looked at The Next Chapter for Hydrogen and Derivative; my guests were Muhammed Islam, Clinton Johnson and Blane Vincent, all vice-presidents at S&B. It was, I believe, the

October 17, 2023 Read Full Article

Looking Ahead: What Are Future Developments in Carbon Border Adjustments? --- October 23, 2023 --- Washington, DC

As the EU starts implementing its Carbon Border Adjustment Mechanism (CBAM) this month, there is a momentum to enact some form of carbon border taxes in other countries, including the U.S., the U.K., Australia, Japan, and Canada. Many important questions would

October 16, 2023 Read Full Article

Europe Just Launched the World’s First Carbon Tariff. Will the United States Follow Suit?

 by Kristoffer Tigue (Inside Climate News) In the U.S., where climate policy has been highly politicized, the concept of a carbon tariff has recently emerged with rare bipartisan support. -- Companies that want to do business in the European Union will soon

October 09, 2023 Read Full Article

Popular Senate Carbon Tariff Bill Gains House Champions

by Emma Dumain (E&E News Climatewire) As interest grows in a Senate proposal to calculate the emissions intensity of industrial materials produced in the U.S., two lawmakers are getting ready to introduce companion legislation in the House. It will mark an important

September 09, 2023 Read Full Article

New EU Carbon Tariff: German Industry Slams Bureaucratic Burden

by Nikolaus J. Kurmayer (EURACTIV.com)   Germany’s chemical and car industries are protesting the anticipated bureaucratic strain expected from the phase-in of the EU’s novel carbon border tariff (CBAM), while consultancy Deloitte finds that companies have failed to sufficiently prepare. European manufacturers

August 28, 2023 Read Full Article

Alliance for Clean Trade: A Framework Proposal for a New Climate and Trade Alliance between the U.S., EU, and Allies

by Paul Beldsoe and Ed Gresser (Progressive Policy Institute) ... A low-emissions trade deal to help the United States, the European Union, and their allies harmonize approaches to the clean energy transition and incentivize China and other nations to reduce

June 14, 2023 Read Full Article

Bipartisan Bill Would Lay Groundwork for U.S. Carbon Tariffs

by Emma Dumain  (E&E Daily) Senators from both parties have signed on to legislation that would calculate the emissions intensity of industrial materials produced in the United States. It’s a necessary step, advocates say, toward a carbon border adjustment mechanism, or CBAM,

June 08, 2023 Read Full Article

A Transatlantic Dialogue: Carbon Pricing and the Energy Transition --- June 9, 2023 --- Washington, DC and ONLINE

(Wilson Center) In theory, carbon pricing promises an economically efficient means to the energy transformation. In practice, however, carbon pricing has faced multiple and significant hurdles to adoption. But momentum is building. In recent years, Europe and Canada have established

May 24, 2023 Read Full Article

Parliament Approves Core EU Climate Legislation

by Federica Di Sario (Politico) Next, the deal needs to be formally ratified by the Council of the EU. -- ... The revision of the EU's carbon market, known as the Emissions Trading System, includes fully integrating aviation into the mechanism

April 18, 2023 Read Full Article

EU Strikes Deal on World-First Carbon Border Tariff

by Kate Abnett (Reuters) After all-night negotiations, the European Union struck a political deal on Tuesday (December 13, 2922) to impose a carbon dioxide emissions tariff on imports of polluting goods such as steel and cement, a world-first scheme aiming to

December 30, 2022 Read Full Article

COP27: Fertiglobe Commissions Phase One of Egypt Green 100-MW Hydrogen Plant for Ammonia Production

by James Burgess (S&P Global)  Electrolyzers powered by 260 MW of solar, wind; 15,000 mt/year hydrogen for 90,000 mt ammonia; FID expected 2023, electrolyzer testing underway  --  A consortium of fertilizer producer Fertiglobe, renewable power producer Scatec and Egypt's Sovereign Fund are to

November 08, 2022 Read Full Article

After 25 Years of Futility, Democrats Finally Jettison Carbon Pricing in Favor of Incentives to Counter Climate Change

by Marianne Lavelle (Inside Climate News) The $370 billion Inflation Reduction Act is the nation’s first comprehensive climate plan to curtail greenhouse gas emissions and boost renewable energy and green technology. It relies on tax credits and other “carrots,” not

August 15, 2022 Read Full Article

A Border Carbon Bill with a Price

by Matthew Choi (Politico's Morning Energy) Whitehouse (Sen. Sheldon Whitehouse (D-R.I.)) introduced a bill Tuesday charging $55 per ton for carbon emissions on imported products from energy intensive industries. The Clean Competition Act, which POLITICO’s Josh Siegel got an early

June 10, 2022 Read Full Article

EU to Introduce CO2 Emissions Tariff by 2026

by Daniela Castim (Bio Markets Insight) EU countries are supporting the bloc’s decision to impose a world-first carbon dioxide emissions tariff on imports of polluting goods. While finer details of the plan still need to be specified in upcoming negotiations, the EU

March 30, 2022 Read Full Article

Carbon Tax Huddle

by Matthew Choi (Politico's Morning Energy)  The Climate Leadership Council, a GOP-backed group supporting a carbon tax, is launching a new research center to explore how the U.S. could impose a border carbon adjustment or other policy to punish imports

February 15, 2022 Read Full Article

Carbon Pricing and Regulations Compared: An Economic Explainer

by Shuting Pomerleau and Ed Dolan (Niskanen Center) • Carbon pricing, either in the form of a carbon tax or a cap-and-trade system, has the potential to limit pollution to an economically optimal level.  Carbon pricing allows various pollution sources

September 27, 2021 Read Full Article

Democrats Prep Carbon Tax Option to Pay for Spending Bill

by Laura Davison, Ari Natter, and Jennifer A Dlouhy (Bloomberg) Carbon tax gains momentum as talks on spending bill heat up; Plan would use tax proceeds to send cash payments to Americans --  Senate Democrats are developing a carbon-tax proposal that

September 27, 2021 Read Full Article

Border Carbon Adjustments without Full (or Any) Carbon Pricing

by William Pizer and Erin Campbell (Resources for the Future/Our Energy Policy) Border carbon adjustments (BCAs) are national or possibly multicountry trade measures—typically taxes on imports (and sometimes rebates on exports)—intended to support ambitious national climate mitigation policies. They are meant

August 02, 2021 Read Full Article

Fit for 55: The EU's Plan for a Green Transition

(European Council)  As part of the European Green Deal, with the European Climate Law, the EU has set itself a binding target of achieving climate neutrality by 2050. This requires current greenhouse gas emission levels to drop substantially in the next decades.

July 29, 2021 Read Full Article

China Criticizes EU Carbon Tariff

by Matthew Choi (Politico's Morning Energy) China is denouncing the European Commission’s recent framework for a carbon border adjustment scheme, saying it would violate trade principles and potentially hinder economic development in middle-income countries. "CBAM is essentially a unilateral measure to

July 27, 2021 Read Full Article

Climate Border Patrol

by Matthew Choi (Politico's Morning Energy)   Sen. Chris Coons (D-Del.) and Rep. Scott Peters (D-Calif.) unveiled legislation Monday to create a carbon border fee mechanism, putting into legislative text a system to tax carbon-heavy imports, like steel or aluminum, to

July 20, 2021 Read Full Article

Fit for 55: A Joint Call for Action from the Renewable & Low-Carbon Liquid Fuels Platform

(ePURE) ePURE joined other members of the Renewable & Low-Carbon Liquid Fuels Platform in issuing the following joint call for action on the European Commission's soon-to-be-published Fit for 55 package: The European Commission’s Fit for 55 Package promises a bold new era in the fight against

July 09, 2021 Read Full Article

Opinion: The Smart Way to Reduce Emissions and Outmaneuver Our Rivals

by James A. Baker III and Greg Bertelsen (Washington Post)  ... One thing has become crystal clear during the long-running debate about climate change: Most nations won’t risk their own economic well-being in the hope of reversing what is clearly

July 06, 2021 Read Full Article

Opinion: Biden Should Embrace a Carbon Tax

by Henry M. Paulson, Jr. and Erskine B. Bowles (Washington Post) ... A carbon tax, which taxes carbon dioxide and other greenhouse-gas emissions, is a proven means to raise large sums of much-needed revenue while lowering carbon emissions. It is supported by 67 percent

May 12, 2021 Read Full Article

Carbon Tax Meets New Washington Politics

by Annie Snider (Politico's Morning Energy) President Joe Biden has revived the idea of a carbon tax, but climate hawks on Capitol Hill hope he will give them time to work through the tricky politics of the issue.  --  ... THE

February 16, 2021 Read Full Article

Atlantic Council Analyzes the Potential for a Carbon Trade War

by Nick Silvis* (Advanced Biofuels USA)The world is undergoing drastic climate and ecological changes which will have dire ramifications on all facets of global activity. Critical trade relationships, such as the one between the United States and Europe, are facing

December 18, 2020 Read Full Article

Biden Eyes Trade Agenda to Combat Climate Change

by Kelsey Tamborrino (Politico's Morning Energy)  Joe Biden and key Democrats in Congress say they want to use the trade agenda to fight global warming if they win the White House and Senate next month, POLITICO's Gavin Bade reports .

October 15, 2020 Read Full Article

Business Trends: The Impact of a Carbon Tax on the European Chemical Industry

Saxton, D., FaÍsca, N.,  (Nexant Energy and Chemicals Advisory/Hydrocarbon Processing) Over the past several years, greenhouses gas (GHG) emissions have become a pressing global issue. Europe is leading global efforts to become climate-neutral by 2050 but may do so at the

September 21, 2020 Read Full Article

Border Adjustments in a Carbon Tax

by Shuting Pomerleau (Niskanen Center) The paper reviews the principles of border adjustment, the principal design choices policymakers would face when establishing a border adjustment for a carbon tax, and the implications of different design choices. It also provides a

August 04, 2020 Read Full Article
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