With the forthcoming CO2 market and infrastructure regulatory framework proposal, the European Union (EU) intends to build an internal market for CO2. That ambition depends on a legal reality often overlooked: whether offshore CO2 storage is permitted can vary from one sea basin to the next. Each of Europe’s four basins is governed by itsContinue reading “Mapping Europe’s regional sea conventions: Where does CCS stand? “
Tag Archives: European Climate Law
Why is the EU ETS review setting aside 260 million allowances to buy international credits?
On 17 July 2026, the European Commission issued its proposal for the EU ETS review, setting aside 260 million allowances to buy international credits. But where does that number come from? The European Climate Law allows up to 5% of the EU’s 1990 net GHG emissions to be met with high-quality international credits from 2036,Continue reading “Why is the EU ETS review setting aside 260 million allowances to buy international credits?”