Emissions Trading News

  • Border carbon tax could cut emissions

    The US, China and the European Union (EU) should bring in border taxes on carbon emissions contained in imported products not already taxed in their countries of origin, according to a former New Zealand cabinet minister. It would mean that if China, for example, includes rice in its emissions trading scheme, any rice it then imports − and which had not been subject to an emissions tax in ...


    By Climate News Network

  • DOE Hosts Alternative Aviation Fuels Workshop, New LUC Emissions Research Discussed

    On September 14-15, 2016, the U.S. Department of Energy (DOE) hosted a two-day workshop with lead experts on aviation biofuels exploring opportunities to increase competitiveness of alternative jet fuels. The Alternative Aviation Fuel Workshop was organized in four parallel breakout ...


    By Bergeson & Campbell, P.C.

  • Paris climate talks explained

    Climate change is one of the most serious threats facing our world. It is not just a threat to the environment. It is also a threat to national and global security, poverty eradication and economic prosperity. Find out more about climate change A global agreement is the only ...

  • Cenovus recognized for leadership in reporting of GHG emissions

    Cenovus Energy Inc.has been named to the 2015 Canada 200 Climate Disclosure Leadership Index. This is the sixth consecutive year the company has been included in the index, which is published by CDP (formerly known as the Carbon Disclosure Project). “We’re honoured to be recognized once again for transparency in the reporting of our CO2 and other greenhouse gas emissions,” ...


    By GLOBE Foundation

  • Deutsche Bank employees charged in emissions trading case

    German prosecutors have filed tax evasion charges against eight current and former Deutsche Bank employees over their alleged participation in a value-added tax fraud scheme involving carbon dioxide emissions certificates. Frankfurt prosecutors said Thursday that the eight - seven of whom are still employed by the bank - are accused of being ...


    By Associated Press

  • Non-EU airlines in spotlight after Saudi carrier breaches emissions rules

    From Transport & Environment and Aviation Environment Federation: Saudi Arabian Airlines has paid a €1.4 million fine levied by a Belgian regional government for not complying with the EU’s aviation emissions trading system (ETS), prompting calls for all member states to disclose non-European airlines in breach of the rules. Countries are required to do so under a 2008 EU law. In ...

  • 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 ...


    By Europa Press Room

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

    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 low-carbon/green economy in China. It also has important ...


    By GLOBE Foundation

  • Joint Ministerial Statement on EU Emissions Trading System reform

    Nine EU ministers, including UK Energy and Climate Change Secretary Edward Davey, have signed a letter calling for reform to the EU Emissions Trading System through the Market Stability Reserve ...

  • EU Emissions Trading System – Time for change is now!

    Delaying reform of the European Union Emissions Trading System (EU ETS) until 2021 risks undermining investment in clean technology, according to a new report published today ahead of a vote in the European Parliament Environment Committee on the 24 February. A large surplus of allowances has ...


    By GLOBE Foundation

  • Preparing for a Price on Carbon: Lessons from 3 Companies

    New carbon pricing systems are being developed in China, Chile and other countries to help reduce greenhouse gas emissions and encourage clean energy and sustainable development. This will mean new reporting requirements and regulations for an increasing number of national and multi-national companies.   To help corporate leaders prepare, we studied the experiences of three companies that ...


    By The World Bank

  • Flying high on CO2

    If commercial aviation were a country, it would rank seventh in global greenhouse gas emissions according to a recent report by the International Council on Clean Transportation (ICCT). The aviation industry is growing so quickly that its greenhouse gas (GHG) emissions are expected on present trends to triple globally by 2050. The industry itself is committed to reducing its emissions, but ...


    By Climate News Network

  • Aviation industry faces pressure to stop GHG threat

    If commercial aviation were a country, it would rank seventh in global greenhouse gas emissions according to a recent report by the International Council on Clean Transportation (ICCT). The aviation industry ...


    By Climate News Network

  • Québec – California to Collaborate on Electrification of Transportation

    Québec’s Minister of Sustainable Development, Environment and the Fight against Climate Change, David Heurtel and California’s Secretary for Environmental Protection Matt Rodriquez today formalized a new collaborative effort aimed at the electrification of transportation. The partners agreed to set up a Québec-California working group to facilitate the exchange of ...


    By GLOBE Foundation

  • Review of the Fourth Carbon Budget

    Today I can announce that, having concluded a detailed review, the Government will not be amending the Fourth Carbon Budget. The budget, which covers the period 2023 to 2027, will therefore stay at its existing level of 1950 MtCO2 equivalent. The decision I have taken is consistent with the advice of the Committee on Climate Change. It also reflects the views of the vast majority of businesses, ...

  • UK calls for major changes to EU’s “cap and trade” emissions system

    The EU Emission Trading System (ETS) gives companies from heavy industries and the power sector flexibility to decide whether to invest in carbon abatement or to purchase emission allowances to comply. But the market currently has a surplus of over 2 billion allowances, meaning it is not stimulating the low-carbon investment needed now to meet long-term targets. Various factors such as the ...

  • Low-Carbon Technology Policy Success Factors Assessed

    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 designed to support the development and use of low-carbon ...

  • EU will host key talks to set 2030 climate targets

    The European Commission will hold three meetings this summer that will focus on how industries can meet greenhouse gas (GHG) emissions reduction targets while competing in global markets, it said on Wednesday. The meetings will help to gather feedback on rules determining if companies can continue to receive free carbon permits under the EU Emissions Trading System (ETS) beyond 2020, when ...


    By Climate Action

  • Council adopts regulation amending EU emissions trading scheme

    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 reached at first reading with the European ...


    By EU Council of Ministers

  • A More Competitive Energiewende Would Increase German Jobs and Economic Competitiveness with Limited Impact to Emissions Levels, IHS Study Finds

    Germany’s current energy policy of rapid renewables deployment under the Energiewende has resulted in rapidly increasing energy costs that will make Germany less competitive in the world economy, says a new study by IHS, the leading global source of critical information, analytics and insight. At the same time, the study concludes, greenhouse gas emissions (GHG) have increased. The study ...


    By IHS

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