Browsing: Carbon

More than 30 emissions trading systems are now in force or under development worldwide, according to the International Carbon Action Partnership, and the maritime sector is increasingly caught between overlapping carbon regimes.

In the heart of Madhya Pradesh’s steel belt, furnaces burn day and night, producing the metal that underpins India’s highways, railways, and high-rises. For workers, the economic payoff is clear, but so is the environmental cost. India’s steel sector emits more than 2.5 tonnes of CO₂ per tonne of steel produced, significantly above the global average, and heavy industries remain the country’s largest industrial greenhouse gas emitters.

The European Investment Bank’s approval of a €3 billion Frontloading Facility underscores growing concern within EU institutions that the rollout of the second Emissions Trading System for heating and road fuels could face public resistance unless its social impacts are managed well in advance.

With carbon capture and storage infrastructure advancing unevenly across the Midwest, Iowa lawmakers are now testing whether fiscal policy should shape the state’s role as a CO2 transport corridor.

Cement remains one of the most difficult industrial sectors to decarbonize, accounting for roughly 7 to 8 percent of global carbon dioxide emissions, largely due to process emissions inherent to clinker production.

As offshore operators face increasing pressure to decarbonize, MODEC has entered a joint development agreement with Norway-based Eld Energy to advance integrated solid oxide fuel cell (SOFC) and CO2 capture systems for floating production, storage, and offloading (FPSO) vessels.

Microsoft’s offtake agreement with Varaha for biochar-based carbon dioxide removal in India highlights a growing shift toward agricultural waste streams as a scalable, verifiable source of long-term removals, while also exposing the operational and integrity challenges that still define the sector.

More than half of India’s steel exports now flow to the European Union, a market that has effectively rewritten the economics of carbon-intensive manufacturing. With the EU’s carbon border adjustment mechanism entering its implementation phase this month, Indian steelmakers face the prospect of paying levies tied directly to the emissions embedded in their products, a shift that threatens to erode price competitiveness built on coal-based production.

BASF Coatings has replaced its internally developed carbon accounting system with a new digital solution capable of calculating Product Carbon Footprints for roughly 120,000 sales products in real time, reflecting a broader push by chemical suppliers to standardize and audit emissions data at scale.

International aviation emissions have crossed a regulatory threshold that many airlines had postponed planning for since 2020. Newly released data from the International Civil Aviation Organisation confirms that emissions from international flights in 2024 have exceeded 85 percent of 2019 levels, triggering offsetting obligations under the Carbon Offsetting and Reduction Scheme for International Aviation.