As CBAM and the EU ETS reshape cost structures across Europe’s automotive supply chains, OEMs are under growing pressure to protect margins while navigating opaque carbon pass-through.

Front-loading cleared roughly €820 million in CBAM liabilities before the definitive phase began. The pattern is unlikely to be a one-off as free allowances step down toward zero in 2034.

The European Commission's draft CBAM carbon price legislation, published May 13, sets out how carbon costs paid abroad will count toward EU import obligations. It also caps Article 6 credit usage at 10% of emissions and applies retrospectively from January 2026.

Europe's green steel ambitions were built on affordable hydrogen that hasn't materialised. Thyssenkrupp and Salzgitter delays, scaled-back supply targets, and a shift to dual-fuel DRI configurations now define the transition.

Argentina's Misiones province could become the world's first subnational jurisdiction to issue CORSIA-eligible JREDD+ credits, with LATAM Airlines lined up as anchor buyer for 2.8 million tonnes at ~$24/tCO2e. The $60 million transaction awaits federal authorization.

Since January 1, 2026, around 40% of European pulp mills have been excluded from the EU Emissions Trading System, ending nearly two decades of surplus allowance income. Carbon capture and storage is emerging as a potential replacement.

Fastmarkets has launched a Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) Phase 1 conditional offtake price assessment on Wednesday April 29.

Fastmarkets has launched five core carbon principle (CCP) carbon credit price assessments, covering landfill gas and cookstove projects, on Tuesday April 28.

Few industrial transformations are as exposed to a single policy signal as green steel — where the EUA price can be the difference between a viable business case and a stranded asset.

Colombia carbon credit prices are caught in a structural slump. Cercarbono REDD+ sits at $2.00–$3.50 per tCO2e and Verra REDD+ at $6.50, while five fuel distributors drive 90% of demand. Two catalysts could re-rate the market. Read more.