emissions trading News
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EU governments back emission trading for aviation
Airlines should be included in the European carbon trading scheme (ETS), EU environment ministers agreed almost unanimously on Tuesday. Most also said there should be no initial exemption for flights to and from non-EU destinations. But there was no consensus on when carbon caps should be first applied to the sector. In their first public debate on draft legislation to include aircraft emissions ...
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3C strengthens CDM/JI Division
Frankfurt - On January 1st, 2007, Dr. Martin Kruska joined the 3C Group as Head of CDM/JI. Martin is one of the most renowned German experts in the fields of energy efficiency and emissions trading. Taking him on board, 3C has further strengthened its position as one of the leading companies for sourcing Certified Emission Reductions (CER), Emission Reduction Units (ERU) and Verified Emission ...
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Emissions Trading: 2014 Data Shows Emissions Reduction
Emissions of greenhouse gases from installations participating in the EU Emissions Trading System (EU ETS) are estimated to have decreased by about 4.5% last year, according to the information recorded in the Union Registry. European Commissioner responsible for Climate Action and Energy, Miguel Arias Cañete said: "Even while our economies are getting back in the growth track, emissions ...
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“STATE OF THE CARBON MARKET 2006` - New report to be released at Carbon Expo shows dramatic growth in carbon market
A new report from the World Bank and the International Emissions Trading Association (IETA) highlighting the trends of the global market for carbon emissions trading will be released during CARBON EXPO in Cologne, Germany, on May 10th. Carbon Expo is the largest carbon fair in the world, with more than 2000 representatives from governments, business, and civil society organizations involved in ...
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International Agreement – Warsaw Framework for REDD+ – not enough to save the World’s Tropical Rainforests
Joint Statement released on UN International Day of Forests: IETA/CMIA warns of private sector investment confidence waning. Recent international climate negotiations in Warsaw were hailed by many as a success for their progress in establishing a policy framework to reduce emissions from deforestation and forest degradation (REDD+). Indeed, the “Warsaw Framework for REDD+” ...
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EU Emissions Trading Scheme to Include Air Transport
BRUSSELS, Belgium (ENS) - The European Commission today proposed legislation to bring greenhouse gas emissions from civil aviation into the EU Emissions Trading Scheme. The proposed directive will cover emissions from flights within the EU from 2011 and all flights to and from EU airports from 2012. Both EU and foreign aircraft operators would be covered. Like the industrial companies already ...
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CARBON EXPO 2010: carbon markets - developing solutions on the road to Cancún
Around 3,000 participants from 110 countries and 240 exhibitors attended the carbon market’s leading global trade fair and conference for emission trading, carbon abatement solutions and new mitigation technologies in Cologne, organised by the World Bank, the International Emissions Trading Association (IETA) and Koelnmesse. For three days, international emissions trading was the focal ...
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Aviation Industry Rejects Europe`s Climate Emissions Trading System
MONTREAL, Quebec, Canada, October 2, 2007 (ENS) - The United Nations body responsible for regulating the aviation industry, wound up its annual assembly in Montreal on Friday without requiring that airlines limit their greenhouse gas emissions by participating in the existing European emissions trading system. Instead, the International Civil Aviation Organization, ICAO, created a group of senior ...
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Technology support combined with emissions trading best over long term
Achieving long-term reductions in greenhouse gas (GHG) emissions is a growing priority, both nationally and internationally, as evidenced by the recent package of climate and energy proposals for Europe under discussion this year1. But new research suggests that policies that lead to cost-effective GHG reductions in the short term may not be cost-effective over the long term. Market-based ...
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Emissions Trading: 2013 Data Show Lower Emissions but Surplus of Allowances Persists
Emissions of greenhouse gases from installations participating in the EU Emissions Trading System (EU ETS) are estimated to have decreased by at least 3% last year, according to the information recorded in the Union Registry. Climate Action Commissioner Connie Hedegaard said: "The good news is that emissions declined faster than in previous years even as Europe’s economies started to ...
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Senator Wong builds Australian engagement with USA on climate change
Minister for Climate Change and Water, Senator Penny Wong, departed Australia this week to visit Washington DC and New York City to discuss climate change with leading figures in the new US Administration. Senator Wong said the Rudd Government welcomed the strong commitment of the Obama Administration on climate change. “With the newly elected Obama Administration, America has an opportunity like ...
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Greenhouse Gas Emissions Trading Markets Take Off
Untitled Document NEW YORK, New York, March 1, 2005 (ENS) - The world's first privately owned mechanism set up to help corporations and governments purchase greenhouse gas emissions credits and comply with their treaty commitments was launched Monday, joining the booming field of greenhouse gas emissions trading. The Greenhouse Gas Credit Aggregation Pool (GG-CAP) is owned ...
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Climate change report card shows Australian government on target
A new report card shows the policies of the Rudd Government have helped put Australia on track to meet its targeted reductions in greenhouse gas emissions under the Kyoto Protocol. Minister for Climate Change and Water, Senator Penny Wong, today released projections of Australia’s greenhouse gas emissions to 2020, including an analysis of the impact of the Rudd Government’s new climate change ...
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3C: G8 summit could take decisions for post-Kyoto period
Frankfurt -- The international carbon consulting group 3C welcomes the aim expressed by politicians and industry leaders during the World Economic Forum in Davos this year to establish a world wide emissions trading scheme. However, Dr. Sascha Lafeld, Member of the Board of 3C Holding AG, points out, that globally tradable certificates are already provided by the so called project based ...
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EU Emissions Trading System: landmark agreement between Parliament and Council delivers on EU`s commitment to turn Paris Agreement into reality
The European Parliament and Council on 9 November reached a provisional agreement to revise the EU Emissions Trading System (EU ETS) for the period after 2020. This revision will contribute to put the EU on track to achieving a significant part of its commitment under the Paris Agreement to reduce greenhouse gas emissions by at least 40% by 2030. Today's deal between Parliament and Council ...
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Weak performance of climate reviewers, reveals WWF
The evaluation of climate offset projects under the Clean Development Mechanism (CDM) is inefficient and offten of poor quality, a new WWF rating of project evaluators which certify offset projects under the Kyoto Protocol's mechanism reveals. The new report commissioned by WWF and produced by Öko-Institut, analyses whether the Designed Operational Entities (DOEs) validate, verify and certify ...
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Emissions trading banking on the December 2009 Global climate Deal in Copenhagen, finds Frost & Sullivan
The outcome of the December 2009 Copenhagen Climate Conference will largely dictate the success of the emerging but potentially lucrative global carbon market. Governments worldwide are actively pursuing initiatives to reduce greenhouse gas (GHG) emissions. The EU, for instance, wants to lower GHG emissions by 20 percent over 1990 levels by 2020, and by up to 30 percent if agreement is reached ...
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ETS backloading: carbon market schemes at a turning point
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 Trading System, which is designed to cut ...
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CARBON EXPO 2012: The Interface between Industry and Technology & Climate and Carbon Finance
2012 is going to be an important and labour-intensive year as far as the emissions-trading process is concerned. The CO2 market and all participating interest groups will be addressing a large range of fundamentally significant topics. The focal points of discussion will include the effects of the Global Climate Conference in Durban and economic forecasts for the EU and their influence on ...
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Australia`s Emissions Trading Scheme Sets No Cap, No Date
MELBOURNE, Australia, July 17, 2007 (ENS) - The Australian government will begin work on a greenhouse gas emissions trading scheme with analysis of a long-term goal for emissions reduction, Prime Minister John Howard announced today. The government's A$637 million plan sets no cap on emissions nor does it set a date for when the trading of emissions credits will begin. As a first step, Howard ...
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