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СО2 emissions - Latest news GMK Center

Photo – China to support a series of low-carbon demonstration projects
China to support a series of low-carbon demonstration projects

Six of the announced projects are related to iron ore mining or steel production

Photo – CBAM pushes other countries to introduce similar fees – IETA
CBAM pushes other countries to introduce similar fees – IETA

Some of the states are likely supporters of the mechanism

Photo – Emissions under the EU ETS decreased by a record 15.5% y/y in 2023
Emissions under the EU ETS decreased by a record 15.5% y/y in 2023

In energy-intensive industries, emissions decreased by approximately 7% y/y

Photo – Glencore to reduce carbon emissions from industrial assets by 25% by 2030
Glencore to reduce carbon emissions from industrial assets by 25% by 2030

The concern has maintained its goal of reducing emissions by 15% by the end of 2026

Photo – Latin American countries continue to develop carbon markets
Latin American countries continue to develop carbon markets

The states of the region are evolving from voluntary to mandatory mechanisms

Photo – Germany considers carbon management strategy
Germany considers carbon management strategy

The relevant legislative changes were proposed by the Ministry of Economy and Climate

Photo – European CBAM will do little to significantly reduce emissions – ADB
European CBAM will do little to significantly reduce emissions – ADB

The mechanism may lead to a decrease in the volume of Asian exports to the European Union

Photo – Thyssenkrupp and CarbonChain launch a tool for green steel procurement
Thyssenkrupp and CarbonChain launch a tool for green steel procurement

The collaboration is aimed at strengthening industry standards for emissions transparency and data quality

Photo – US steelworkers support cross-border carbon tax proposal
US steelworkers support cross-border carbon tax proposal

Bill on relevant import duties introduced in the Senate

Photo – China can bring steel to its carbon market by 2025
China can bring steel to its carbon market by 2025

Currently, the country is discussing the structure of emissions reporting

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