domestic emissions trading scheme News

  • Japan moving on emissions trading scheme

    The Reuters news agency is reporting that a compulsory emissions trading scheme is set to start in Japan in April 2013. The scheme will cover large CO2 emitting companies. Many details have yet to be worked out according to a draft of the government's proposals obtained by Reuters, which will be presented to an expert committee at the Environment Ministry this week. That Committee will finalize ...


    By GLOBE Foundation

  • 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 ...

  • Emissions trading is effective and affordable

    A summary of economic modelling shows emissions trading is an effective approach to reducing New Zealand’s greenhouse gas emissions in the long term, Climate Change Minister David Parker says.  The report summarises general equilibrium modelling undertaken by Infometrics for the government’s Emissions Trading Group and the Climate Change Leadership Forum since October 2007.  “As we ...


    By New Zealand Government

  • British Retail Consortium calls for domestic appliance scrappage scheme

    The British Retail Consortium has called on the Government to introduce a domestic appliance scrappage scheme similar to the car industry scrappage scheme in the UK. The BRC wants the Government to waive the 15 per cent VAT on white goods such as fridges and washing machines when customers trade up. The body claims it will encourage consumers to replace old energy consuming appliances with ...

  • Emissions trading also good for air, water and land

    An independent report finds the New Zealand Emissions Trading Scheme will produce important benefits for air, water and land, as well as for the climate.  There will also be some challenges to manage. Climate Change Minister David Parker says he welcomes the report, prepared by a team led by the Cawthron Institute.  The report identifies the high-level environmental impacts of the ...


    By New Zealand Government

  • Aviation firms warn of ‘trade war’ over EU emissions trading plans

    Opposition to EU plans to include non-European airlines in its Emissions Trading System from 2012 erupted this week with Airbus and Virgin Atlantic warning of a potential trade war with China. But the European Commission has said it will not back down - a position supported by environmental NGOs and carbon market investors. The US and Chinese aviation industries have been unhappy with the ...


    By GLOBE Foundation

  • 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 ...

  • The future of carbon trading in the US

    An analysis by New Carbon Finance concludes that a carbon trading scheme in the US is inevitable within four to five years. Currently the US favors a domestic market, however linking into international schemes could significantly reduce the price of carbon, impose less cost on US industry and consumers and help make the US a climate change ...


    By GLOBE Foundation

  • Forest carbon scheme gains support, faces hurdles

    Among the few policy agreements to emerge from December's United Nations climate summit was recognition of the 'immediate' need to sequester more greenhouse gases in forests through a mechanism known as Reducing Emissions from Deforestation and Forest Degradation, or REDD.  The ...


    By Worldwatch Institute

  • Are there too many cap and trade plans?

    The Canadian Council of Chief Executives recently noted there are too many cap and trade plans in the works and more cooperation between states, regions and countries is required. A recent Calgary Herald article quoted the Council’s CEO Thomas ...


    By GLOBE Foundation

  • Vouchers still available under government’s boiler scrappage scheme

    54,758 vouchers have been snapped up under the Government’s Boiler Scrappage scheme leaving around 70,000 vouchers worth a total of £28 million still up for grabs. The scheme was launched in January to upgrade up to 125,000 household heating systems in England to cut carbon, save money on fuel bills and sustain work for the heating industry. All the major energy companies which sell and install ...


  • Trade winds, sound policies push Portugal to the renewable energy forefront

    Typically, the Scandinavian countries and Germany have set the example in the European renewables field. Yet lately, a Southern country - Portugal - has attracted attention after delivering its National Renewable Energy Action Plan to the European Commission this June. Portugal has made dramatic changes in its energy policy over the last five years under the government of Prime Minister ...


    By GLOBE Foundation

  • Japan seeks `up to 80%` emissions cut by 2050

    In its measures against global warming, which are expected to be unveiled in June, the Japanese government may call for a 60-percent to 80-percent cut in domestic greenhouse gas emissions from current levels by 2050, the Yomiuri Shimbun learned last Sunday. Four Cabinet ministers, including Chief Cabinet Secretary Nobutaka Machimura and Environment Minister Ichiro Kamoshita, are among those ...


  • Trade winds, sound policies push Portugal to the renewable energy forefront

    Typically, the Scandinavian countries and Germany have set the example in the European renewables field. Yet lately, a Southern country - Portugal - has attracted attention after delivering its National Renewable Energy Action Plan to the European Commission this ...


    By Worldwatch Institute

  • 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

  • EU ETS emissions fall 3% in 2008

    Emissions of greenhouse gases from EU businesses participating in the EU Emissions Trading System (EU ETS) fell 3,06 % in 2008 compared with a year earlier, according to the information provided by Member State registries. With the 6.5% reduction in emission allowances that the Commission has secured for the second trading period, the EU ETS really started to make a difference to emissions in ...

  • EU ETS emissions fall 3 % in 2008

    Emissions of greenhouse gases from EU businesses participating in the EU Emissions Trading System (EU ETS) fell 3,06 % in 2008 compared with a year earlier, according to the information provided by Member State registries. With the 6.5% reduction in emission allowances that the Commission has secured for the second trading period, the EU ETS really started to make a difference to emissions in ...

  • Irish EPA projections of greenhouse gas emissions to 2020

    The EPA has released projections of Ireland’s greenhouse gas emissions to 2020, as mandated under the National Climate Change Strategy. These projections update those published in the National Climate Change Strategy in April 2007 and give a picture of Ireland’s ability to meet international targets with respect to greenhouse gas emissions, if current policies and programmes are implemented. ...

  • China: Olympic-sized growth in carbon emissions

    In 2007, carbon emissions from fossil fuel combustion worldwide reached an estimated 8.2 billion tons, which was 2.8 percent more than in 2006-and 22 percent above the total in 2000.1 The United States and Europe accounted for roughly 4 and 3 percent, respectively, of the growth during this decade.2 India contributed 8 percent, and China, a staggering 57 percent.3 Despite the rapid increase, ...


    By Worldwatch Institute

  • China prepares to steal United States’ thunder, may launch cap-and-trade within five years

    Just when leaders in the U.S. Senate admitted to abandoning their plan of issuing a federal climate bill by the end of this year, top Chinese officials were discussing how to launch carbon trading programs under their country's next Five-Year Plan (2011-15). Serving as China's overarching social and economic ...


    By Worldwatch Institute

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