Emissions Trading News

  • Cenovus Named To Climate Disclosure Leadership Index

    Cenovus Energy Inc. is being recognized again for its leadership in the reporting of greenhouse gas (GHG) emissions with its inclusion in the 2013 Canada 200 Climate Disclosure Leadership Index. This is the fourth consecutive year that Cenovus has been named to the index which is published by CDP (formerly known as the Carbon Disclosure Project). "At Cenovus, we've made a promise to produce ...


    By Cenovus Energy Inc.

  • Quebec and California link their cap and trade programs

    The Government of Quebec has announce an agreement outlining the steps and procedures to fully harmonize and integrate the cap-and-trade programs of Quebec and California. The linkage of the two programs is planned to be effective on January 1st, 2014. Québec Minister of International Relations, Francophonie and External Trade, Mr. Jean-François Lisée, the Québec ...


    By GLOBE SERIES

  • Getting the facts straight about weather related disasters

    "It is misleading, and just plain incorrect, to claim that disasters associated with hurricanes, tornadoes, floods or droughts have increased on climate timescales either in the United States or globally. It is further incorrect to associate the increasing costs of disasters with the emission of greenhouse gases." Those bold statements are not the remarks of a climate skeptic. Rather, they are ...


    By GLOBE SERIES

  • New product carbon footprinting and labelling scheme for Hong Kong businesses

    Chinese Manufacturers Association (CMA) has today signed a memorandum of understanding with the Carbon Trust, to develop a product carbon footprint and labelling scheme for businesses in Hong Kong. The Chinese Manufacturers Association (CMA) has today signed a memorandum of understanding with the Carbon Trust, to develop a product carbon footprint and labelling scheme for businesses in ...


    By Carbon Trust

  • Australian PM changes carbon tax ahead of election

    Australia's Prime Minister Kevin Rudd said Tuesday a deeply unpopular carbon tax will be replaced by a less-severe emissions trading scheme a year ahead of schedule, in a bid to lower power bills for households as a tight national election looms. The carbon tax on Australia's worst industrial polluters, including its coal-reliant power ...


    By Associated Press

  • EU lawmakers back cap-and-trade fix

    The European Parliament on Wednesday backed a rescue plan for the world's biggest cap-and-trade system for emissions of carbon dioxide, the most prevalent greenhouse gas from human activities. In a 344-311 vote, European lawmakers in Strasbourg, France, approved a proposal to delay an auction of allowances in the EU's emissions trading ...


    By Associated Press

  • UK rallies 12 EU countries behind backloading twin track emissions trading system (ets) reform

    A joint statement to support bringing forward legislative proposals to deliver reform of the EU Emissions Trading System (EU ETS) by the end of the year Today, Energy and Environment Ministers from 12 EU Member States issued a joint statement calling for MEPs to support the so called ‘backloading’ proposals due to be voted on in Strasbourg on 3rd July, and for the European Commission ...

  • New ETS plan puts burden on European taxpayers instead of polluting industry

    A new plan to patch up Europe’s ailing carbon market endorsed by the European Parliament’s environment committee today will fall short of restoring an effective system to encourage clean investments and lower carbon emissions, warned Greenpeace. The proposal is designed to temporarily withhold carbon allowances from the EU’s Emission Trading Scheme (ETS) in order to compensate ...


    By Greenpeace International

  • World airlines agree on Carbon-Neutral Growth

    The International Air Transport Association (IATA), which represents 85 percent of the world's airline traffic, has overwhelmingly endorsed a resolution on "Implementation of the Aviation Carbon-Neutral Growth (CNG2020) Strategy" (pdf). Passed at IATA 69th Annual General Meeting (AGM) in Capetown South ...


    By GLOBE Foundation

  • Mapping carbon pricing initiatives

    The World Bank has released a report, titled 'Mapping Carbon Pricing Initiatives: Developments and Prospects,' which provides an overview of current and prospective carbon pricing initiatives at the international, regional, national and sub-national levels. The report recommends flexibility in carbon pricing, alignment with national priorities, a staged approach for the introduction of ...


    By GLOBE Foundation

  • UK urges Europe on 50% ambition on emissions reductions

    Today, the Secretary of State for Energy and Climate Change Edward Davey challenged Europe to set their emissions reduction target to 50% by 2030 on 1990 levels as part of an ambitious global deal to tackle climate change in 2015. The decarbonisation of the EU economy is fundamental to tackling climate change, whilst ensuring that all sources of power generation play an important role in this ...

  • Buyer Liability Insurance Now Available for California’s Cap-and-Trade Offset Program

    The Climate Action Reserve, North America’s premier carbon offset registry, and Parhelion Underwriting Ltd., the leading innovator for carbon market insurance products, today announced a unique, strategic alliance to support the delivery of the first insurance product for compliance offset credits in California’s Cap-and-Trade Program. Under this alliance, Parhelion is offering ...


    By Climate Action Reserve

  • South Korea on course to have the world`s highest Carbon Prices

    In a little over 18 months, South Korea will launch a scheme that will cap around 70% of its greenhouse gas emissions. A White Paper published by research firm Bloomberg New Energy Finance, in cooperation with Ernst & Young, concludes that the design is the most ambitious yet proposed anywhere, and could result in the Korean carbon price reaching the penalty level of $90/tCO2 - exceeding ...


    By GLOBE Foundation

  • South Korea on course to have the world’s highest carbon prices

    In a little over 18 months, South Korea will launch a scheme that will cap around 70% of its greenhouse gas emissions. A White Paper published today by research firm Bloomberg New Energy Finance, in cooperation with Ernst & Young, concludes that the design is the most ambitious yet proposed anywhere, and could result in the Korean carbon price reaching the penalty level of $90/tCO2 – ...

  • California-Quebec cap-and-trade link major step forward for both markets

    The decision this week by California's Air Resources Board setting January 1, 2014 as the start date for the linking of California's cap-and-trade program with that of Québec is a major step forward for both jurisdictions. The new integrated system will be the largest cross-border carbon trading market since the launch of the European Union Emissions Trading Scheme (ETS) in 2005. "The ...


    By GLOBE SERIES

  • Keystone XL pipeline: IHS public comment to the United States Department of State Environmental Impact Statement

    The life-cycle greenhouse gas (GHG) emissions from Canadian oil sands are similar to those from sources of crude that would likely be used in absence of the proposed Keystone XL pipeline, IHS says today in a public comment submitted to the U.S. Department of State draft Supplemental Environmental Impact Statement (SEIS) for the Keystone XL Pipeline. The IHS assessment is based on ongoing IHS CERA ...


    By IHS Markit

  • EU emission trading system suffers serious setback

    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 industries by holding them back from auction for ...


    By GLOBE SERIES

  • UK Government response to the outcome of the European Parliament’s Plenary vote on EU Emissions Trading Scheme (EU ETS) back-loading proposals

    In response to the outcome of the vote, a DECC spokesperson said: “The UK Government is disappointed at the Parliament’s vote but respects its view. “The UK understands that the ENVI Committee will now discuss the proposals once more, and therefore hopes that a positive outcome can still be achieved. “In parallel, the UK Government feels that we should now ...

  • Davey calls for European Parliament to support EU ETS back-loading

    Next Tuesday (16 April), the European Parliament’s Plenary will vote on EU Emissions Trading Scheme (EU ETS) back-loading proposals, a measure designed to address the current surplus of carbon allowances in the market. The impact of the surplus has been to push down the value of the carbon price and therefore undermine low-carbon investments. The UK Government wants to see a strong EU ETS ...

  • World carbon markets at a turning point

    The world's carbon markets are at a turning point according to the latest Thomson Reuters Point Carbon annual survey of carbon trading. While the volume of carbon credits traded globally will grow by an estimated 14 percent this year, reaching roughly 12 gigatons of carbon dioxide equivalents, concerns remain about depressed market prices in certain markets and uncertainties abound over the ...


    By GLOBE SERIES

Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you