emissions trading News

  • 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

  • Advanced Global Trading | AGT Emission Trading Permit

    Advanced Global Trading: AGT Dubai-based trading company has become the first UAE organization to be shortlisted for a global green award for environmentally-focused investment work carried out from its Middle East headquarters in Dubai. Advanced Global Trading (AGT), ...

  • 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

  • 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

  • Significant increase in emission rights trading

    Global CO2 emission rights trading is undergoing a massive rise. This year the increase in rights traded will reach 41%, forecasts Point Carbon, a consultancy which specialises in information, analysis and advice on a global level in the market for energy and CO2. The goal of the emissions trading system is to reduce CO2 emissions by attributing a cost to them. By then issuing to businesses fewer ...


  • Emission trading network not very useful

    As part of the implementation of the climate protection goals of the Kyoto Protocol the EU's emissions trading system, which allows businesses to trade pollution rights, is of major importance. For the twelfth international conference on the climate, to be held in Nairobi from 6 November, the successor to the Kyoto Protocol, covering the period up to 2012, has been placed on the agenda. In order ...

  • The Netherlands: Emission Trading more Mature

    Untitled Document ‘Environmental Finance Magazine' recently handed out congratulations to the best performers in emissions trading. In Europe, the EU ETS (EU Emissions Trading Scheme) is ...

  • An Econometric Analysis of Emission Trading Allowances

    We would like to announce the publication of a new working paper on an econometric analysis of emission allowances on 2005-2006 data. The paper is available at:http://papers.ssrn.com/sol3/papers.cfm?abstract_id=947055Abstract: World power and gas markets have a natural relationship with global tradable ...

  • 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

  • Date for next emissions trading system auction announced

    The UK Government intends to hold its second auction in Phase II of the European Union's Emissions Trading System on 24th March 2009. The auction will comprise a competitive bidding facility only. The bidding window will open from 8am and close at 10am on 24th March 2009. The EU ETS sets a cap on the total emissions from the main industrial sectors across Europe, covering more than 10,000 ...


  • Kyoto Protocol emissions trading system goes global

    The UN Climate Change secretariat announced this week that it is on schedule to complete the live connection of the UNFCCC International Transaction Log (ITL) with the European Union (EU) Community Independent Transaction Log (CITL) and 26 European Union greenhouse gas emissions trading system (EU ETS) registries. With the additions of the CITL and 26 EU ETS registries, the Kyoto ...

  • Report on NZ emissions trading scheme released

    The Hon Dr Nick Smith, New Zealand Minister for Climate Change Issues, presented today the Report on the New Zealand Emissions Trading Scheme which reviews the performance and implementation of the ETS over the past year of operation. Speaking this morning at the 7th Australia-New Zealand Climate Change & Business Conference, Dr Smith said the report showed the ETS was operating well and is ...

  • Ireland divides emissions trading among 100 installations

    Following EU Commission acceptance of the final draft of Ireland’s National Allocation Plan for 2008 – 2012, the Environmental Protection Agency (EPA) yesterday took the Final Allocation Decision on the Plan. This decision finalises the allocations of greenhouse gas (GHG) emission allowances which will be made under the Emissions Trading Directive to Ireland’s major GHG emitters for the next five ...

  • 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 ...

  • Greenhouse Gas Emissions Trading Markets Take Off

    Untitled Document NEW YORK, New ...

  • Enhesa and Baker & McKenzie join forces on emissions trading

    Are you aware of global developments in emissions trading regulation and how these will impact you? Are you prepared to reduce your emissions and are you prepared to pay for this? What are the legal compliance challenges of emissions trading schemes? How do different trading schemes relate to each other and what does this mean for your business? Over 50 countries or regions around ...

  • MEPs to debate putting aircraft emissions in trading scheme

    Plans to include CO2 from aircraft in Europe's Emissions Trading Scheme are expected to be backed by MEPs  when they debate the issue. Members are likely to endorse a deal that has already been agreed by transport ministers across the Union. It will mean that all planes landing or taking off in the EU will be in the ETS by 2012. It should add up to €9 to an average flight by 2020. Airlines ...


    By European Parliament

  • California gives green light to emissions trading program

    The California Air Resources Board (ARB) today endorsed the cap-and-trade regulation, marking a significant milestone toward reducing California's greenhouse gas emissions under its AB 32 law. ARB's cap-and-trade regulation, along with several complementary measures will drive the development of green jobs and set the state on track to a clean energy future. The regulation is a key measure to ...


    By GLOBE Foundation

  • EU emissions trading scheme delivers first verified emissions data

    Untitled Document The European Commission released the 2005 carbon dioxide (CO2) emissions data and compliance status of more than 9,400 installations covered by the EU Emissions Trading ...

  • Kyoto Protocol emissions trading system goes global

    The UN Climate Change secretariat announced this week that it is on schedule to complete the live connection of the UNFCCC International Transaction Log (ITL) with the European Union (EU) Community Independent Transaction Log (CITL) and 26 European Union greenhouse gas emissions trading system (EU ETS) registries. With the additions of the CITL and 26 EU ETS registries, the Kyoto ...

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