The European Union Emissions Trading System 2 (ETS2) is set to launch in 2027, expanding carbon pricing to fuel suppliers for buildings and road transport, sectors responsible for nearly 40% of EU CO₂ emissions previously outside regulation. ETS2 presents both challenges and opportunities for fuel suppliers in Europe adapting to new compliance demands.

Grey Epoch was named 𝗘𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 𝗛𝗼𝘂𝘀𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗬𝗲𝗮𝗿, marking our third consecutive win at the Energy Risk Awards.

Grey Epoch partners with Blue Desk to support businesses in Turkey and neighbouring regions with tailored EU ETS trading solutions, EUA procurement strategies, and carbon market access.

The EU’s Carbon Border Adjustment Mechanism (CBAM) represents a landmark policy to safeguard EU climate ambitions and industry competitiveness by addressing carbon leakage. CBAM imposes a carbon price on imports of energy-intensive goods, reflecting the price paid under the ETS.

On Monday 19th May, the UK and the EU met to discuss progress on linking their Emission Trading Systems (ETS). The European Commission and the UK share a strong commitment to establishing a functioning link between their carbon markets.

Europe’s new carbon market has officially begun. The first trade under EU ETS 2 signals a major step in expanding emissions coverage to buildings and road transport fuels. Here’s what it means and how Grey Epoch can help your business prepare.

The inclusion of shipping under the EU ETS from January 1, 2024 obliges operators to adhere to carbon monitoring, reporting, and surrender allowances for CO₂ emissions. This represents a paradigm shift for maritime emissions, traditionally exempt from carbon markets. Compliance obligations will rise progressively: 40% in 2024, 70% in 2025, aiming for 100% by 2026.

The EU ETS turns 20. As the world’s first and largest carbon market, it continues to shape climate policy and drive emissions reductions across Europe. At Grey Epoch, we’re proud to have been part of this journey from the early days of emissions trading.