Emissions Trade System News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The long waited-for reform of the carbon trading market extends to most economic sectors and provides additional funds for green investment.

European Commission blocks a global transaction involving two leading South Korean shipbuilders, European Parliament adopts its position on the Digital Services Act, FSB Reports on Global Trends in NFBI sector, Carbon Border Adjustment Mechanism updates and more.

ANTITRUST AND COMPETITION - European Commission Blocks a Global Transaction Involving Two Leading South Korean Shipbuilders - On 12 November 2019, a South Korean leading shipbuilder...

European Commission blocks a global transaction involving two leading South Korean shipbuilders, European Parliament adopts its position on the Digital Services Act, FSB Reports on Global Trends in NFBI sector, Carbon Border Adjustment Mechanism updates and more.

MEPs want to place a carbon levy on certain imports from less climate-ambitious countries, in order to raise global climate ambition. The idea behind the levy is to stop so-called "carbon leakage", something that happens when there is an increase in greenhouse gas emissions in one country, due to an emissions reduction by a second country with less strict rules. Lawmakers in Brussels worry that the EU’s increased ambition on climate change might lead to "carbon leakage", meaning that global climate efforts will be hampered if European production is just moved to non-EU countries that have l...