emission quotas News — GMK Center https://gmk.center/en/tag/emission-quotas/ This is an informational-analytical, discussion platform Thu, 02 Apr 2026 13:36:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png emission quotas News — GMK Center https://gmk.center/en/tag/emission-quotas/ 32 32 <![CDATA[The EC will propose updated benchmarks for the free allocation of allowances in the ETS]]> https://gmk.center/en/news/the-ec-will-propose-updated-benchmarks-for-the-free-allocation-of-allowances-in-the-ets/ Thu, 02 Apr 2026 13:36:41 +0000 https://gmk.center/?post_type=news&p=122219 The European Commission plans to propose updated benchmarks for free allowances in the ETS after Easter, which will determine their allocation to industrial sectors from 2026 to 2030. Meanwhile, experts are reviewing the draft proposal (the figures are unpublished and currently unofficial). This was reported by Dan Maleski, Head of CBAM Hedging and Risk Advisory […]

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]]> <![CDATA[EU governments will insist on accelerating carbon market reform]]> https://gmk.center/en/news/eu-governments-will-insist-on-accelerating-carbon-market-reform/ Wed, 11 Mar 2026 09:04:41 +0000 https://gmk.center/?post_type=news&p=121225 EU governments intend to ask the European Commission to propose reforms to the bloc’s carbon market this summer. This was reported by Reuters, citing draft conclusions from the March summit of EU leaders. The appeal to Brussels calls for a review of the Emissions Trading System (ETS) by July 2026 at the latest to reduce […]

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]]> <![CDATA[Italy and other EU countries call for ETS review]]> https://gmk.center/en/news/italy-and-other-eu-countries-call-for-ets-review/ Thu, 26 Feb 2026 15:32:23 +0000 https://gmk.center/?post_type=news&p=120717 Ministers from 11 EU member states have called for a major overhaul of the ETS system to stabilize prices, protect energy-intensive industries, and encourage investment in clean technologies, according to Il Sole 24 Ore. The upcoming ETS review should ensure effective price signals, predictability, market stability, and protection against excessive price volatility, as well as […]

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]]> <![CDATA[European industry needs to revise the Green Deal – Moravia Steel]]> https://gmk.center/en/news/european-industry-needs-to-revise-the-green-deal-moravia-steel/ Tue, 10 Feb 2026 15:02:50 +0000 https://gmk.center/?post_type=news&p=119939 European industry needs to reevaluate the Green Deal and the ETS 1 emissions quota policy. This opinion was expressed by Petr Popelar, Chairman of the Board of Moravia Steel. “The sharp reduction in quota allocation must be reduced, and speculators who have nothing to do with the industry must be prevented from manipulating prices,” he […]

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]]> <![CDATA[Czech Republic calls on EU to review carbon trading schemes]]> https://gmk.center/en/news/czech-republic-calls-on-eu-to-review-carbon-trading-schemes/ Wed, 04 Feb 2026 09:38:05 +0000 https://gmk.center/?post_type=news&p=119602 The European Union should review its carbon trading schemes to lower energy prices. This was called for by Czech Prime Minister Andrej Babiš in a letter to EU institutions and leaders of the other 26 countries in the bloc, published on February 2. This was reported by Reuters. Babiš believes that the EU should limit […]

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]]> <![CDATA[European carbon market prepares for future changes]]> https://gmk.center/en/posts/european-carbon-market-prepares-for-future-changes/ Tue, 23 Sep 2025 06:03:39 +0000 https://gmk.center/?post_type=posts&p=113607 In August, European carbon allowances were trading in a narrow range of €71-73/t (December contract), and mostly fluctuated depending on the gas price. However, in the first half of September (September 1-16), according to ICE, they rose by 5.3% to €77.5/t, as the market reacted to the behavior of traders who bought long-term contracts. Growth […]

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]]> <![CDATA[Germany seeks to soften EU emissions reduction requirements for industry]]> https://gmk.center/en/news/germany-seeks-to-soften-eu-emissions-reduction-requirements-for-industry/ Fri, 12 Sep 2025 12:17:55 +0000 https://gmk.center/?post_type=news&p=113304 Germany will insist that the EU soften its emissions reduction rules for the country’s industrial sectors, which are the biggest polluters, due to higher energy costs, Bloomberg reports. Next year, the rules of the EU Emissions Trading System (EU ETS) are to be tightened, the free allocation of carbon certificates to the aviation sector is […]

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]]> <![CDATA[Poland demands increase in CO2 import quotas to curb energy prices]]> https://gmk.center/en/news/poland-demands-increase-in-co2-import-quotas-to-curb-energy-prices/ Tue, 09 Sep 2025 07:18:35 +0000 https://gmk.center/?post_type=news&p=113105 The Polish government has proposed expanding the possibilities for importing international CO2 emission quotas in order to ease the pressure of rising energy and heating prices. According to Bloomberg, Warsaw believes that the current number of permits available in the EU will be insufficient in the coming years, which will inevitably lead to further price […]

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]]> <![CDATA[Turkey approves plans to launch its carbon market]]> https://gmk.center/en/news/turkey-approves-plans-to-launch-its-carbon-market/ Fri, 04 Jul 2025 07:59:39 +0000 https://gmk.center/?post_type=news&p=110971 Turkey has approved plans to launch a carbon market in order to achieve its goal of reducing greenhouse gas emissions to zero by 2053, according to Daily Sabah. On July 2, the country’s parliament passed its first-ever climate law, which, among other things, provides for the creation of a national emissions trading system (ETS). Under […]

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]]> <![CDATA[EC develops standardized carbon prices as part of CBAM simplification]]> https://gmk.center/en/news/ec-develops-standardized-carbon-prices-as-part-of-cbam-simplification/ Fri, 25 Apr 2025 08:47:02 +0000 https://gmk.center/?post_type=news&p=108290 The European Commission is working on defining standard prices for carbon credits for countries, sectors and commodities as part of the CBAM simplification package. This was announced during a thematic webinar organized by Esade and Fundación Repsol, said EC representative Vicente Hurtado. According to him, this is somewhat similar to standard emission values. The idea […]

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]]> <![CDATA[UK considers linking its ETS to the EU carbon market]]> https://gmk.center/en/news/uk-considers-linking-its-ets-to-the-eu-carbon-market/ Mon, 24 Mar 2025 08:26:15 +0000 https://gmk.center/?post_type=news&p=106731 The United Kingdom is actively considering linking its emissions trading system (ETS) to the EU carbon market ahead of a bilateral summit in May, Reuters reports. Britain seeks to strengthen cooperation with the EU in the field of security, law enforcement, improve trade and investment relations and eliminate unnecessary barriers to trade. According to a […]

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]]> <![CDATA[China intends to expand the national carbon market]]> https://gmk.center/en/news/china-intends-to-expand-the-national-carbon-market/ Sat, 08 Mar 2025 07:02:45 +0000 https://gmk.center/?post_type=news&p=106057 China’s top leadership has promised to expand the national emissions trading system to cover more industrial sectors, Bloomberg reports. Currently, trading on China’s carbon market, which was launched in 2021, covers only power plants. Although it has picked up, prices remain much lower than in Europe and are considered insufficient to influence large polluters. For […]

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]]> <![CDATA[Ukraine is preparing to launch an emissions trading system]]> https://gmk.center/en/news/ukraine-is-preparing-to-launch-an-emissions-trading-system/ Wed, 25 Dec 2024 08:39:05 +0000 https://gmk.center/?post_type=news&p=103810 Ukraine is taking another step towards fulfilling its obligations under the EU Association Agreement by starting preparations for the launch of a national emissions trading system (ETS). The system will set limits on CO2 emissions, incentivizing businesses to decarbonize and helping the country meet its climate goals. The European Business Association (EBA) has addressed the […]

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]]> <![CDATA[Brazilian steelmakers ask to introduce CBAM analog]]> https://gmk.center/en/news/brazilian-steelmakers-ask-to-introduce-cbam-analog/ Tue, 17 Dec 2024 10:49:42 +0000 https://gmk.center/?post_type=news&p=103522 Brazil’s ambitious emission reduction targets announced at the COP29 conference have left the country’s steel companies in a stupor. The industry refuses to accept unattainable targets and is asking for the introduction of a CBAM analog, Bloomberg reports. “Baku has left us petrified. We had difficult meetings with the government. The sector will not make […]

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]]> <![CDATA[Carbon price in the EU will reach €74/t in 2025 – ING forecast]]> https://gmk.center/en/news/carbon-price-in-the-eu-will-reach-e74-t-in-2025-ing-forecast/ Mon, 16 Dec 2024 10:56:31 +0000 https://gmk.center/?post_type=news&p=103481 ING International Bank predicts a moderate recovery in the EU carbon market over the next year as free allowances are further withdrawn. Supply will remain high due to the volume of auctions for REPowerEU, but there are risks on the demand side. ING sees an upward trend in the carbon price in 2025. However, it […]

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]]> <![CDATA[China collects feedback on project to measure emissions in steel industry]]> https://gmk.center/en/news/china-collects-feedback-on-project-to-measure-emissions-in-steel-industry/ Mon, 09 Dec 2024 14:12:05 +0000 https://gmk.center/?post_type=news&p=103256 China is seeking public feedback on new guidelines for reporting greenhouse gas emissions in the steel industry. Reuters reports this with reference to the country’s Ministry of Ecology and Environment. The move comes as part of efforts to prepare steelmakers to enter the country’s carbon market. The guidelines are designed to standardize the way greenhouse […]

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]]> <![CDATA[Turkey is preparing to launch the pilot phase of ETS in 2025]]> https://gmk.center/en/news/turkey-is-preparing-to-launch-the-pilot-phase-of-ets-in-2025/ Wed, 04 Dec 2024 13:39:00 +0000 https://gmk.center/?post_type=news&p=103132 Turkey’s plans to launch a domestic carbon emissions market are on schedule, with the pilot phase due to begin in early 2025. This was stated by Huseyin Ayaz, a senior official of the country’s Climate Change Directorate, during the S&P Global thematic conference. According to him, preparations for the ETS project development process have been […]

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]]> <![CDATA[Carbon prices in the EU will rise sharply by 2027 – analysts]]> https://gmk.center/en/news/carbon-prices-in-the-eu-will-rise-sharply-by-2027-analysts/ Mon, 21 Oct 2024 10:30:03 +0000 https://gmk.center/?post_type=news&p=101593 Analysts expect carbon prices in the EU to rise by 2027 as supply declines due to policy measures. This is evidenced by the quarterly Reuters survey. The average forecast for the carbon price in 2027 was €111.14/t (current price is €62.50/t). This is the first time the survey participants were asked about this period. Hage […]

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]]> <![CDATA[UK should avoid having CBAM applied to it – experts]]> https://gmk.center/en/news/uk-should-avoid-having-cbam-applied-to-it-experts/ Fri, 11 Oct 2024 12:11:37 +0000 https://gmk.center/?post_type=news&p=101266 Failure to avoid the application of CBAM to Great Britain would mean for the country abandoning its own climate policy. This opinion was expressed by the participants of the Carbon Forward conference in London, reports Argus.Media. According to Alistair McGirr, group head of policy and advocacy at utilities company SSE, applying European CBAM would be […]

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]]> <![CDATA[Britain considers new terms for UK ETS free allocation]]> https://gmk.center/en/news/britain-considers-new-terms-for-uk-ets-free-allocation/ Tue, 01 Oct 2024 02:38:34 +0000 https://gmk.center/?post_type=news&p=100851 The UK government has confirmed that it will align reforms to the free allocation of allowances under the national ETS with the planned introduction of its own counterpart, CBAM. Reuters informs about it. The beginning of the second period of free allocation of quotas is proposed to be postponed by a year, until 2027. The […]

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]]> <![CDATA[European carbon price could rise to €250/t by 2034 – analysts]]> https://gmk.center/en/news/european-carbon-price-could-rise-to-e250-t-by-2034-analysts/ Mon, 23 Sep 2024 10:48:34 +0000 https://gmk.center/?post_type=news&p=100605 The gradual abandonment of the free allocation of allowances under the EU ETS, together with a reduction in the emissions cap, could raise the European carbon price to €249/t by 2034. This forecast is made by the British consulting company Redshaw Advisors, Montel reports. Starting in 2026, the free allocation of EU allowances will be […]

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]]> <![CDATA[Britain’s energy industry is keen to link up with the European carbon market]]> https://gmk.center/en/news/britains-energy-industry-is-keen-to-link-up-with-the-european-carbon-market/ Wed, 07 Aug 2024 08:02:28 +0000 https://gmk.center/?post_type=news&p=99470 Great Britain risks losing up to £8 billion ($10.2 billion) in revenue over the next five years (from 2025 to 2030) if it remains outside the EU carbon market. This is stated in a study supported by some key players in the energy market, reports Bloomberg. The corresponding report was prepared by the Frontier Economics […]

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]]> <![CDATA[Carbon emission allowances price in Europe dropped significantly at the beginning of 2024]]> https://gmk.center/en/news/carbon-emission-allowances-price-in-europe-dropped-significantly-at-the-beginning-of-2024/ Thu, 29 Feb 2024 13:08:32 +0000 https://gmk.center/?post_type=news&p=94223 This year, the European price of carbon emission allowances is falling as the region’s energy system decarbonizes at a rapid pace, Bloomberg reports. The price of CO2 emission allowances under the EU ETS was about €54/t on February 26. Although the market has risen this week, it is still about 43% lower than a year […]

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]]> <![CDATA[How fast can Ukraine launch its own ETS?]]> https://gmk.center/en/opinion/how-fast-can-ukraine-launch-its-own-ets/ Mon, 26 Feb 2024 11:04:50 +0000 https://gmk.center/?post_type=opinion&p=94037 One of the requirements of the Association Agreement with the EU is the introduction of a greenhouse gas emissions trading system (ETS) in Ukraine. The Ministry of Environmental Protection supports the implementation of this requirement and has stated its intention to submit a draft law on the ETS to the Verkhovna Rada this year, launch […]

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]]> <![CDATA[Business community presented the concept of the Ukrainian emission quota trading market]]> https://gmk.center/en/news/business-community-presented-the-concept-of-the-ukrainian-emission-quota-trading-market/ Tue, 12 Sep 2023 12:38:31 +0000 https://gmk.center/?post_type=news&p=87874 The Industrial Ecology and Sustainable Development Committee of the European Business Association (EBA) presented research «The concept of building a system of trading emission quotas in Ukraine. The path to sustainable development, a step towards the EU». It is stated in the message of the association. This is the first systematic review of current international […]

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]]> <![CDATA[Ukraine needs a national strategy for the formation of emission quotas]]> https://gmk.center/en/opinion/ukraine-needs-a-national-strategy-for-the-formation-of-emission-quotas/ Thu, 07 Sep 2023 11:52:17 +0000 https://gmk.center/?post_type=opinion&p=87711 After the war, Ukraine may have perhaps Europe’s largest environmental credit for development, if it does not miss its chance or give it to others. In our development strategy, we need to proceed from several strategic axioms of the future. There are more people and fewer natural resources. The Green Deal will become the basic […]

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