emissions trading scheme News

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Council adopts regulation amending EU emissions trading scheme

by EU Council of Ministers  (Apr. 14, 2014)

The Council today adopted1 a regulation amending the EU Emissions trading scheme directive (2003/87/EC), in view of the implementation by 2020 of an international agreement applying a single global market-based measure to international aviation emissions (PE-CO S 18/14). Today's final adoption of the legislation by the Council follows an ...

EU governments dismantle emissions trading for international aviation

by Transport and Environment (T&E)  (Mar. 5, 2014)

EU member states yesterday succumbed to pressure from third countries and the aviation industry and decided to shrink the aviation emissions trading system (ETS) to only cover flights between EU airports until 2016. This decision leaves long-haul flights totally unregulated and sends the signal internationally that EU sovereignty can be curtailed ...

MEPs fly in the face of bullying on EU aviation emissions trading

by Transport and Environment (T&E)  (Mar. 19, 2014)

Members of the European Parliament’s environment committee today courageously voted against a bad deal on aviation emissions trading foisted on them by political leaders in the UK, France and Germany. The bad deal, reached during trilogue negotiations, would have scaled back the Commission’s proposal to regulate all aviation emissions ...

ETS backloading: carbon market schemes at a turning point

by European Parliament  (Dec. 9, 2013)

Plans to freeze the auctioning of some CO2 permits, so as to raise their price and thus encourage firms to invest in low-carbon innovation, will be put to a final vote on Tuesday, after EU ministers endorsed Parliament’s July 2013 proposal setting stricter conditions for the freeze. The aim is to restore the incentive effect of the Emissions ...

Carbon Market Data publishes key figures on the European emissions trading scheme for the year 2012

by Carbon Market Data  (Apr. 3, 2013)

Carbon Market Data, a European company providing carbon market research and IT services, issued a data summary on the recent release of the EU Emissions Trading Scheme‘s 2012 verified emissions reports. Based on Carbon Market Data calculations, the EU emissions trading scheme (EU ETS) installations were long by 164 Mt in 2012 (they emitted ...

EU emission trading system suffers serious setback

by GLOBE Foundation  (Apr. 18, 2013)

The European Union's flagship Emissions Trading System was dealt a serious blow this week when the European Parliament rejected a short term plan to boost the price of carbon by reducing the number of permits available to key industry sectors. The short term plan would have introduced involved "backloading" of permits by member states to their ...

UK Government response to the outcome of the European Parliament’s Plenary vote on EU Emissions Trading Scheme (EU ETS) back-loading proposals

by Department of Energy and Climate Change  (Apr. 16, 2013)

In response to the outcome of the vote, a DECC spokesperson said: “The UK Government is disappointed at the Parliament’s vote but respects its view. “The UK understands that the ENVI Committee will now discuss the proposals once more, and therefore hopes that a positive outcome can still be achieved. “In parallel, the ...

Research and Markets: EU Environmental Law - The EU Greenhouse Gas Emissions Trading Scheme Gives Valuable Insights in the Why´s, How´s, Trade-Offs and Critical Design Choices of the EU ETS

by Research and Markets  (Mar. 11, 2013)

Research and Markets (http://www.researchandmarkets.com/research/n38d93/eu_environmental) has announced the addition of the "EU Environmental Law - The EU Greenhouse Gas Emissions Trading Scheme" book to their offering. EU ENERGY ...

Compensation scheme for energy intensive businesses

by Department of Energy and Climate Change  (May 20, 2013)

Energy intensive businesses are being told how to claim compensation to offset the cost of energy policy in their electricity bills with the publication of new government guidance today. The guidance is being published alongside the ...

Report on NZ emissions trading scheme released

by The Climate Change & Business Centre  (Aug. 1, 2011)

The Hon Dr Nick Smith, New Zealand Minister for Climate Change Issues, presented today the Report on the New Zealand Emissions Trading Scheme which reviews the performance and implementation of the ETS over the past year of operation. Speaking this morning at the 7th Australia-New Zealand Climate Change & Business Conference, Dr Smith said ...

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