The European Commission has introduced Implementing Regulation (EU) 2024/2493, which amends Regulation (EU) 2018/2066. Effective from 1 January 2025, this update strengthens greenhouse gas (GHG) monitoring and reporting to align with the EU’s climate goals, including reducing net emissions by 55% by 2030, as outlined in Directive 2003/87/EC. Key Updates […]
EU ETS DOCUMENTS UPDATE: Implementing Regulation (EU) 2024/2493 Read More
The European Commission has amended Regulation (EC) No 748/2009 through Commission Regulation (EU) 2024/1030, updating the list of aircraft operators performing aviation activities covered by Annex I of Directive 2003/87/EC. This regulation, published on 27 March 2024, ensures effective alignment with the European Union Emissions Trading System (EU ETS). Purpose
The European Commission is advancing its climate agenda by introducing a system to monitor, report, and verify (MRV) non-CO2 effects of aviation. This initiative, supported by the Non-CO2 Aviation Effects Tracking System (NEATS), aims to quantify and mitigate the climate impacts of aviation beyond CO2 emissions. Why Monitor Non-CO2 Effects?
The European Commission’s EU ETS Compliance Forum Training, held on October 11 and 17, 2024, introduced significant updates to the EU Emissions Trading System (EU ETS) for the forthcoming year. These training events aimed to inform competent authorities, accreditation bodies, and verifiers about new Monitoring, Reporting, and Verification (MRV) rules
The European Commission has released an updated list of competent authorities across member states responsible for enforcing Regulation (EU) 2023/2405, commonly known as ReFuelEU Aviation. This regulation, which aims to promote sustainable air transport, mandates compliance in areas such as sustainable aviation fuel (SAF) usage, emissions monitoring, and airport operations.
The urgency to address climate change has amplified the need for transformative actions in every sector, including aviation, which contributes significantly to global carbon emissions. At the 2024 United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, the International Civil Aviation Organization (ICAO) reaffirmed its commitment to sustainable aviation during
The maritime industry is at a pivotal moment as environmental regulations like the FuelEU Maritime Regulation become increasingly stringent. Cyprus-based Bernhard Schulte Shipmanagement (BSM), a leading third-party ship manager with a fleet of over 670 vessels and 11 global ship management centers, is setting a positive example by proactively embracing
As global leaders at COP29 discuss strategies to combat climate change, the role of alternative fuels in industrial decarbonization has taken center stage. Among these solutions, Hydrotreated Vegetable Oil (HVO) stands out as a practical and impactful choice for industries such as construction and haulage. By reducing greenhouse gas (GHG)
HVO: A Bridge to Industrial Decarbonization and Net Zero Read More
As the maritime industry races toward meeting stringent decarbonization targets, compliance with evolving regulations is a growing challenge for shipowners and fleet operators. In response, Azolla, a leader in maritime decarbonization solutions, has unveiled its upgraded CASPER™ platform, tailored to address the complexities of the upcoming Fuel EU Maritime (FEUM)
In a significant step toward achieving its net-zero goals, the UK is set to expand its Emissions Trading Scheme (UK ETS). Introduced in 2021, the UK ETS caps emissions in key sectors like aviation, power, and industry, creating a carbon pricing system that incentivizes businesses to lower their greenhouse gas
UK Expands Emissions Trading Scheme: A Boost for Carbon Reduction and Clean Growth Read More
In a groundbreaking move for India’s clean energy ambitions, Bharat Petroleum Corporation Limited (BPCL) has announced its plans to establish the country’s first Sustainable Aviation Fuel (SAF) production facility by 2027. This initiative aligns with India’s broader commitment to achieving net-zero carbon emissions by 2070 and marks a significant milestone
BPCL’s Pioneering Step: India’s First Sustainable Aviation Fuel Facility by 2027 Read More
Volvo Group Australia has announced a transformative step in its commitment to sustainability. Starting December 2024, every Volvo and Mack truck manufactured at its Wacol factory in Queensland will roll off the assembly line filled with Hydrotreated Vegetable Oil (HVO100) instead of traditional diesel. This marks a milestone in the
Volvo Group Australia Leads with HVO100 in Decarbonization Push Read More
The rail industry is undergoing a transformation as it strives to balance operational efficiency with environmental sustainability. A shining example of this is the Harry Needle Railroad Company (HNRC), the UK’s leading independent locomotive hire firm, which is spearheading efforts to reduce emissions and enhance the eco-friendliness of its diesel-powered
As global aviation faces mounting pressure to reduce emissions, India, the world’s third-largest aviation market, is preparing its roadmap to address stringent clean fuel regulations. With the European Union (EU) set to enforce sustainable aviation fuel (SAF) mandates starting in 2025, and the International Civil Aviation Organization’s (ICAO) CORSIA (Carbon
India Gears Up for Green Aviation: Preparing for CORSIA and SAF Market Read More
As the maritime industry races toward decarbonization, methanol has emerged as a viable alternative to traditional fossil fuels. In a groundbreaking move, the International Organization for Standardization (ISO) has published its first-ever specifications for methanol as a marine fuel. The release of ISO 6583:2024 marks a pivotal moment, establishing global
ISO’s Landmark Step: Global Standards for Methanol as Marine Fuel Read More
