October 16, 2008
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Air & Climate Newsletter October 16, 2008 |
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| This Week´s Featured News Stories |
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Kyoto Protocol emissions trading system goes global
The UN Climate Change secretariat announced this week that it is on schedule to complete the live connection of the UNFCCC International Transaction Log (ITL) with the European Union (EU) Community Independent Transaction Log (CITL) and 26 European Union greenhouse gas emissions trading system (EU ETS) registries. With the additions of the CITL and 26 EU ETS registries, the Kyoto trading system has now the critical mass that allows governments and legal entities to exchange and use emissions rights on a global scale, also taking advantage of credits stemming from the Clean Development ... |
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Financial crisis must not overshadow climate crisis, say WWF
WWF has launched an appeal to the French Presidency of the European Union and to all European governments not to let the financial crisis undermine the need to reach an agreement on a solid package of measures to address climate change before the end of the year. At the European Council meeting taking place in Brussels this week, and in relation to the “EU climate and energy package”, the European Council will discuss the controversial issue of the potential impact of the EU’s Emissions Trading Scheme on the competitiveness of industries within the EU which use a lot of energy. EU leaders ... |
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