emissions trading scheme News

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Cap and Trade System to Limit Greenhouse Gas Pollution in Ontario

by GLOBE Foundation  (Apr. 13, 2015)

“To fight climate change — one of the greatest challenges mankind has faced — Ontario is putting a limit on the main sources of greenhouse gas pollution through a cap and trade system to protect the air we breathe, the water we drink and the health of our children and grandchildren.” With this terse statement Ontario ...

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 ...

Sustainable Biomass Partnership Accepts SCS Global Services as Applicant Certification Body

by SCS Global Services  (Apr. 7, 2015)

SCS Global Services (SCS), a leader in third-party environmental and sustainability certification, announced that it has been accepted as an applicant Certification Body for the Sustainable Biomass Partnership (SBP). As a result, SCS is now ready to conduct audits of companies in the biomass ...

RWE completes sale of solar farm at Kencot Hill

by RWE AG  (Mar. 30, 2015)

RWE Supply & Trading today announces the completion of the sale of the 37 MWp solar power plant at Kencot Hill to Foresight Solar Fund Limited, a LSE listed fund managed by Foresight Group. RWE provided the finance as well as project development and structuring skills during the construction phase.  RWE delivered to Foresight a ...

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 ...

The green bond market in China – How to grow it and proft by it

by GLOBE Foundation  (Mar. 24, 2015)

A landmark report was released today in Beijing on growing a green bonds market in China. China is committed to reforming its bond markets. This has implications both for financial and economic policy concerns, as well as environmental concerns, as it increases the opportunity to utilize the bond market to finance the transition to a ...

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 ...

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