Emissions Trading News

  • EU publishes damning report of emissions offsets, calling into question EU’s aviation climate strategy

    The European Commission has published a damning study of carbon offsets, finding that 85% of the offset projects under the UN’s Clean Development Mechanism (CDM) to date failed in the objective of reducing emissions. Transport & Environment (T&E) said the aviation sector runs ...

  • Measures to Reduce Aviation, Shipping Emissions in the Spotlight

    Efforts seeking to reduce emissions from the aviation and shipping sectors got a boost in recent weeks. The International Civil Aviation Organization (ICAO) adopted a new emissions standard for aircraft, and the European Commission put forward proposals addressing emissions from both the aviation and shipping sectors. Emissions from the aviation and shipping sectors account for 2% and 2.5% of ...

  • Commission announces plan for revisions to aviation’s participation in the EU Emissions trading system

    The European Commission has announced plans to continue to limit the future coverage of the EU Emissions Trading System (EU ETS) to intra-EU flights. Under the terms of the existing legislation this temporary “Stop the ...


    By A.E.F. S.r.l.

  • New Studies: AD can Decarbonise the Agri and Waste Sectors

    The trade bodies Cré and IrBEA representing the entire sector have hired an international expert to conduct a number of reports which examined the potential of the anaerobic digestion sector to decarbonise the agri and waste sectors with multiple cross-sectoral benefits. These reports assessed that potential in terms of available feedstocks and ...

  • 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.

  • Cap-and-Trade regulation posted on Ontario Environmental Registry

    Ontario’s Ministry of the Environment and Climate Change (MOECC) posted on the Environmental Registry February 25, 2016, a regulatory proposal for a new cap-and-trade regulation designed to generate approximately $1.8-1.9 billion per year to fund projects aimed at reducing emissions. The proposed framework includes: An appendix presenting detailed technical information for the ...

  • Report suggests roadmap for an emissions trading system in Turkey

    A new report maps out a way to and possible design of an emissions trading scheme (ETS) in Turkey. The report, the first in a series prepared for the World Bank Partnership for Market Readiness (PMR), was prepared by a consortium led by Ecofys, including FutureCamp and LifeEnerji, and further supported by Özlem Döğerlioğlu, attorney at Law for the Turkish Ministry of ...


    By Ecofys

  • Values in Global Carbon Markets continue to grow

    Some 6.2 gigatonnes worth of emission allowances and offsets were traded globally in 2015 according to the latest Thomson Reuters’ assessment of the world’s carbon markets in 2015 and forecast for 2016-2018. Seen as a whole, the world of carbon trading was characterized by two opposite trends in 2015: volumes continued to contract and prices continued to increase. Traded volume ...


    By GLOBE Foundation

  • 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 SERIES

  • Meeting climate goals will require stronger policies to cut emissions

    Advanced and emerging economies have made progress in addressing climate change, yet most are on a trajectory that would see them fall short of their mitigation goals. Governments need to significantly accelerate their efforts and strengthen their climate change policies, according to a new OECD analysis of climate change mitigation in 44 countries and the EU. ...


    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 SERIES

  • 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

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