emissions trading scheme News

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Investor heavyweights call for clear action on climate

by Climate News Network  (Sep. 23, 2014)

Many of the biggest hitters in the global financial community, together managing an eye-watering $24 trillion of investment funds, have issued a powerful warning to political leaders about the risks of failing to establish clear policy on reducing greenhouse gas emissions. More than 340 investment concerns − ranging from ...

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 ...

Rise of Carbon Markets Drives Interest In Linking Them, Speakers on Climate Say

by Bloomberg BNA  (Sep. 23, 2014)

The rise of carbon markets across the world is driving increased interest from companies and governments to link those markets together, representatives from companies and a Harvard University researcher said Sept. 22. About 40 countries and more than 20 cities, states and provinces have carbon pricing policies or plan to launch them. Together, ...

Speech to the Elmhurst Energy Conference

by Department of Energy and Climate Change  (Sep. 19, 2014)

I’m delighted to be here today speaking at The Elmhurst Energy Conference. In February 2013 the Prime Minister launched the UK’s Energy Efficiency Strategy. The Energy Efficiency Strategy represented a step change. It was the first strategy of its type by any UK Government. It identified that energy efficiency is in everyone’s ...

The Battle Against Aircraft Noise

by Cirrus Environmental  (Sep. 17, 2014)

There is good news for anyone living near or under a flight path of one of the UK’s airports this week. A report out from the Airport Operators’ Association (AOA) shows that UK airports are reducing noise pollution and carbon emission despite growth in passenger numbers. The AOA was keen to publish the report in response to political ...

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 agreement ...

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 ...

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 ...

Low-carbon technology policy success factors assessed

by European Commission, Environment DG  (Jul. 3, 2014)

Policies to promote low-carbon technologies are more likely to be successful if they are flexible, have clear timeframes, and are mandatory, a recent study suggests. The researchers reached their conclusions by studying cases of low-carbon policies from around the world. Climate change governance uses a huge, and growing, range of policies ...

EPA to Propose Endangerment Finding For Aircraft Greenhouse Gas Emissions

by Bloomberg BNA  (Sep. 5, 2014)

The Environmental Protection Agency said it will propose an endangerment finding for greenhouse gas emissions from aircraft in late April 2015. The EPA would be required by the Clean Air Act to regulate greenhouse gases from aircraft if it determines the emissions endanger public health or the environment, it said in a Sept. 3  ...

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