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Russia requests WTO panel to rule on EU carbon pricing dispute

Published 21:58 on July 16, 2026 / Last updated at 21:59 on July 16, 2026 / / EMEA (Compliance Markets & Taxes, Europe), International (CBAM & Tariffs)

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Russia has asked the World Trade Organization (WTO) to examine its dispute over the the EU ETS and Carbon Border Adjustment Mechanism (CBAM) this month, following initial efforts in 2025. Read More
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European steel association calls for more free carbon allowances, greater ETS revenue share

Published 19:46 on July 16, 2026 / Last updated at 19:46 on July 16, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Industrial Decarbonisation, Investment, Reporting & Disclosure)

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The European steel trade body Eurofer wants to see a "significantly slower" phaseout of free carbon allowances from the EU Emissions Trading System (ETS), it said on the eve of the European Commission's long-awaited reform proposals. Read More
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Europe's record heatwave pushes climate adaptation up investor agenda as infrastructure strains mount, investment bank warns

Published 18:56 on July 16, 2026 / Last updated at 18:56 on July 16, 2026 / / Americas (US & Canada), EMEA (Europe), Net Zero Transition (Industrial Decarbonisation, Investment, Reporting & Disclosure, Power/Electrification)

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Europe's record-breaking heatwave is accelerating investor focus on climate adaptation opportunities, as increasingly frequent bouts of extreme weather expose vulnerabilities in the continent's transport, power, water, and industrial infrastructure while driving growing demand for cooling technologies, a major US investment bank has warned. Read More
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Campaigners call for rejection of EU carbon farming certification rules

Published 15:42 on July 16, 2026 / Last updated at 16:18 on July 16, 2026 / / EMEA (Europe), Nature-based Carbon (Forestry, Other NbS), Net Zero Transition (Investment, Reporting & Disclosure, Litigation), Voluntary (VCM Developments, VCM Governance)

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Environmental groups have called on policymakers to reject the European Commission’s proposed methodologies to certify removals from carbon farming activities, saying they will consider legal action if the rules go through unchanged. Read More
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UK outlines CBAM relief rules, leaves little scope for international credits

Published 13:38 on July 16, 2026 / Last updated at 14:01 on July 16, 2026 / / EMEA (Compliance Markets & Taxes, Europe), International (CBAM & Tariffs), Net Zero Transition (Industrial Decarbonisation)

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The UK will only allow international credits to count towards its Carbon Border Adjustment Mechanism (CBAM) fees if they are already allowed into the compliance price paid at home, and will recognise payments for greenhouse gas removals, according to government notices released on Thursday.  Read More
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Data centre consumption reaches 2% of global grid, US leads among nations -report

Published 21:39 on July 16, 2026 / Last updated at 21:39 on July 16, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia), EMEA (Europe), Net Zero Transition (Industrial Decarbonisation, Power/Electrification)

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Data centres now consume nearly 2% of global power generation and are likely to outpace renewables growth, according to a new report by a global think tank. Read More
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US ranchers' trust deficit, not economics, is biggest barrier to carbon market participation -study

Published 16:53 on July 16, 2026 / Last updated at 16:53 on July 16, 2026 / / Americas (US & Canada), Nature-based Carbon (Other NbS), Voluntary (VCM Developments)

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US ranchers' willingness to participate in voluntary soil carbon markets is driven more by trust, social acceptance, and previous conservation experience than by income or management objectives, according to new research that found widespread scepticism continues to constrain uptake despite growing interest in carbon farming. Read More
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Italy's Eni urges more American imports in response to fossil fuel crisis

Published 16:52 on July 16, 2026 / Last updated at 16:52 on July 16, 2026 / / Americas (LATAM & Caribbean, US & Canada), EMEA (Europe), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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The CEO of Italian energy giant Eni said importing oil and gas from Gulf states and Russia will not be an option for some time, adding that the solution to the EU’s energy shortages and price spikes lies in increasing US and South American imports. Read More
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ART TREES publishes concept for Central African Republic, paves way for J-REDD+ issuance

Published 15:35 on July 16, 2026 / Last updated at 15:35 on July 16, 2026 / / Americas (US & Canada), EMEA (Africa), Nature-based Carbon (Forestry), Voluntary (VCM Governance)

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The Architecture for REDD+ Transactions (ART) has published the TREES Concept for the Central African Republic's jurisdictional REDD+ programme on its registry, marking the first formal step towards potential issuance of jurisdictional forest carbon credits. Read More
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Euro Markets: EUAs lose ground before review, UKAs ease back despite linkage rumours

Published 14:00 on July 16, 2026 / Last updated at 18:21 on July 16, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices lost further ground over Thursday trading, as the market continued to anticipate bearish announcements on Friday when the European Commission is due to publish its EU ETS reform proposals, while UK allowances shrugged off Wednesday's gains as uncertainty remains over a possible timeline to link British and EU carbon markets. Read More
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Australia waste‑to‑energy projects higher‑emitting than grid, says study

Published 13:40 on July 16, 2026 / Last updated at 13:40 on July 16, 2026 / / Asia Pacific (Pacific), Net Zero Transition (Power/Electrification)

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Waste‑to‑energy projects in Australia are being promoted as renewable and low‑emissions, but a study found the technology is not under federal definitions and it produces higher emissions than the grid. Read More
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UK nationalises British Steel as govt moves to secure strategic steelmaking capacity

Published 12:47 on July 16, 2026 / Last updated at 12:47 on July 16, 2026 / / EMEA (Europe), International (CBAM & Tariffs), Net Zero Transition (Industrial Decarbonisation)

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The UK government has taken British Steel into public ownership, completing a move ministers said was necessary to protect thousands of jobs, preserve the country's primary steelmaking capability, and give the state greater control over the future of one of Britain's most strategically important industrial assets. Read More
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Environmental commodities trader raises credit facility to €310 mln

Published 11:35 on July 16, 2026 / Last updated at 11:35 on July 16, 2026 / / EMEA (Europe), Net Zero Transition (Investment, Reporting & Disclosure), Voluntary (VCM Developments)

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A European environmental commodities trading firm has refinanced and increased its syndicated borrowing base facility to €310 million to support its global trading activities and working capital needs. Read More
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Billions in investment at risk due to Trump administration's rollback of clean economy policies -report

Published 13:58 on July 16, 2026 / Last updated at 13:58 on July 16, 2026 / / Americas (US & Canada), Net Zero Transition (Industrial Decarbonisation, Investment, Reporting & Disclosure, Power/Electrification)

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Following rollbacks under the Trump administration's One Big Beautiful Bill Act (OBBBA), 223 clean energy, manufacturing, and industrial projects representing over $82 billion in capital investment have been cancelled or stalled, according to a report released by a US advocacy group. Read More
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Brussels approves Czech capacity market, Irish price relief for energy intensives

Published 11:34 on July 16, 2026 / Last updated at 11:34 on July 16, 2026 / / EMEA (Europe), Net Zero Transition (Power/Electrification)

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The European Commission has given the green light to Czechia’s capacity market, designed to secure power supply for the next 10 years, and a €300 million Irish price relief scheme for energy-intensive companies, under EU state aid rules.  Read More