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СО2 emissions - Latest news GMK Center

Photo – The price of CBAM certificates is not expected to change significantly in Q2 – forecast
The price of CBAM certificates is not expected to change significantly in Q2 – forecast

On 6 July, the European Commission will announce the official price of the certificate

Photo – Decarbonisation of heavy industry will shape China’s energy transition – study
Decarbonisation of heavy industry will shape China’s energy transition – study

Reducing emissions in ‘dirty’ sectors of the economy depends on access to clean electricity and a flexible power system

Photo – The new ETS targets are too stringent for the aluminum sector
The new ETS targets are too stringent for the aluminum sector

Developments in the sector do not follow a single path to decarbonization

Photo – The EC proposes updating the parameters of the EU ETS: industry will receive more free allowances
The EC proposes updating the parameters of the EU ETS: industry will receive more free allowances

Free allowances will cover approximately 75% of the industrial sector's emissions

Photo – The Ukrainian steel industry and European integration: areas of conflict
The Ukrainian steel industry and European integration: areas of conflict

The European Commission has acknowledged the issue regarding the use of default emission values, and it will be resolved in the near future

Photo – Decarbonization of the global steel industry is at risk due to the blast furnace production expansion – GEM
Decarbonization of the global steel industry is at risk due to the blast furnace production expansion – GEM

Global Energy Monitor expects global blast furnace capacity to increase by another 88 million tons by 2035

Photo – The EC has approved a €78 million aid scheme for Slovenia for energy-intensive companies
The EC has approved a €78 million aid scheme for Slovenia for energy-intensive companies

The scheme will consist of partial compensation for indirect electricity costs within the ETS

Photo – India could reduce carbon emissions in steel industry by 28% thanks to scrap – ISA
India could reduce carbon emissions in steel industry by 28% thanks to scrap – ISA

This raw material is a practical short-term solution for decarbonization

Photo – BusinessEurope calls on EU to reconsider scrapping free emission allowances
BusinessEurope calls on EU to reconsider scrapping free emission allowances

Business association notes increase in corporate expenses

Photo – Greenhouse gas emissions in the EU rose by 1.1% q/q in Q3
Greenhouse gas emissions in the EU rose by 1.1% q/q in Q3

The largest increase in emissions was recorded in households

Photo – Serbia to introduce national carbon tax from 2026
Serbia to introduce national carbon tax from 2026

This step was a response to the European CBAM and its equivalent

Photo – The Czech Republic will fully compensate Třinecké železárny for indirect CO2 costs in 2024
The Czech Republic will fully compensate Třinecké železárny for indirect CO2 costs in 2024

A total of 32 companies will receive more than CZK 2 billion in support to maintain competitiveness

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