Rainforest nations face intense pressure to sell credits to airlines and wealthier countries
Move broadly welcomed by industry comes as cost concerns rise up political agenda
The cost of polluting in Europe and the UK has fallen since the start of 2026
Reforms to EU emissions trading system come after pressure from some member states such as Austria and Italy
Also in this newsletter: Macron urges Brussels to counter election interference
Also in this newsletter: DHL Express Europe looks on the bright side
Energy minister says suspending ETS in response to oil price surge would be a ‘big error’
Green transition pioneers complain they are paying price for rewarding industry laggards
Merz comments stoke speculation about weakening of scheme
Also in this newsletter: Nato launches ‘Arctic Sentry’ in bid to appease US over Greenland
South Korean carmaker has no plans to buy carbon credits from competitors to meet EU emissions regulations
Net bets on rising prices reach record high this month ahead of expected drop in number of permits
Also in this newsletter: the EU green rules hurting Ukraine
Accounting concerns mean uptake of global trading mechanism has been slow
Planned changes to the scheme have split industry and trading partners just months before it comes into force
Also in this newsletter: Italian parliament approves Meloni’s contested judicial reform
Countdown to introduction of tax on imported goods from countries without an emissions scheme
Brazil wants to use the presidency to push for an international framework
The region’s economies include some of the biggest polluters but there is also progress on renewable energy. This annual FT-Statista survey lists the companies that have cut their carbon emissions intensity the most and explores developments in transition policy, solar and nuclear power
Concessions to support European producers in the face of foreign competition follow calls to ease climate targets
How an Italian fugitive used diplomatic immunity to work with Dubai royalty and Liberia’s fallen hero
Republican senators are pushing for carbon tariffs as a way to boost US manufacturers
‘Enhanced weathering’ draws backers including Microsoft, Musk and JPMorgan
Brussels has presented options to member states, including the option to count carbon credits
Also a new strategy for activist shareholders in Japan