Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

11 november 2024

Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

The EU Council adopts a law on reducing sales of certificates for carbon dioxide emissions

27 april 2023
The Council of the European Union has adopted several laws within the framework of the climate program "Fit for 55 in 2030", providing for a significant reduction in greenhouse gas emissions by 2030.
In particular, the European Union adopted a law on reducing sales of CO2 emission certificates for products imported into the EU, kommersant.ru reports.
According to the reforms approved by the EU Council, emissions should be reduced by 62% by 2030 compared to 2005. The reforms also provide for the gradual (in 2026-2034) abolition of free emission quotas for local companies: by 2026 their number should be reduced by 2.5%, and by 2034 they are planned to be abandoned altogether.
To achieve this goal, the EU countries will simultaneously reduce emission quotas: by 90 million tons of CO2 equivalent by 2024 and by another 27 million tons by 2026.
It is assumed that the annual reduction of quotas in 2024-2027 should be 4.3%, in 2028-2030 - 4.4% (in the rules used so far, the goal was more modest - a reduction of quotas by 2.2% per year).

Alex Shishlo for Rough&Polished