Argus launches first low and zero-carbon nitrogen fertilizer assessments
LONDON, March 21, 2024 /PRNewswire/ -- Global energy and commodity price reporting service Argus today launches the world's first assessments for low and zero-carbon calcium ammonium nitrate (CAN), an important nitrogen-based fertilizer used extensively in Europe.
- LONDON, March 21, 2024 /PRNewswire/ -- Global energy and commodity price reporting service Argus today launches the world's first assessments for low and zero-carbon calcium ammonium nitrate (CAN), an important nitrogen-based fertilizer used extensively in Europe.
- The fertilizer industry is addressing the need to decarbonise, and nitrogen fertilizers are responsible for the majority of its direct and indirect emissions.
- Argus is also publishing new calculated CAN assessments that anticipate the introduction of the EU's Carbon Border Adjustment Mechanism (CBAM) in 2026.
- Argus Media chairman and chief executive Adrian Binks said: "We have worked with the nitrogen fertilizer industry to identify the markets where it needs increased transparency and clarity.