СО2 emissions

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US senators introduce updated bill on cross-border carbon tax

The document contains proposals for a carbon tax on imports from polluting countries, including China

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European greenhouse emissions fell in price in the second half of March

A decline in production volumes led to weak demand from the steel industry

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German steelmakers concerned about bureaucracy in documenting emissions

Industry representatives are also skeptical about the rapid transition to green hydrogen

Inaction on CBAM is a disadvantage for Ukrainian business – Liudmyla Tsyhanok

A large number of Ukrainian companies need help in filling out CBAM reporting

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EC approves state aid to Denmark to prevent carbon leakage risk

Companies that qualify for the aid will receive a reduced rate of CO2 tax

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European carbon price could rise to €250/t by 2034 – analysts

This will lead to the gradual abandonment of the free allocation of EU ETS quotas and the reduction of the emission limit

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Emissions in China’s steel industry increased by 4.3% y/y in January-July

Emissions of sulfur dioxide per ton of steel were 0.18 kg/t, solid particles – 0.20 kg/t, nitrogen oxide – 0.34 kg/t

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Malaysia needs its own CBAM analog

The country's government is considering introducing a price on carbon emissions exclusively for steel industry

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China updates roadmap for achieving carbon neutrality in steel industry

The country maintains the goal of reducing CO2 emissions in the steel industry by 40% in 2040

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US steelmakers support introduction of carbon bill to Congress

The Prove It Act could pave the way for a carbon import tax in the future

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ArcelorMittal is testing a new technology for carbon utilization in Belgium

The steel producer and Mitsubishi Heavy Industries are cooperating with D-CRBN

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The 10 largest polluting countries emitted a record amount of CO2 in 2023

During the year, the indicator reached 24.5 billion tons, which is 582 million tons more than in 2022

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