Emissions Trading News on Environmental XPRT

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 ...

May 1, 2008

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), ...

Oct. 13, 2011

By Advanced Global Trading | AGT Alternative Investments

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 ...

Nov. 14, 2006

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 ...

Apr. 21, 2006

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 ...

Dec. 13, 2006

By Swiss Banking Institute, University of Zürich

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 ...

May 18, 2015

By Europa Press Room

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 ...

Oct. 5, 2007

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 ...

Sep. 1, 2010

By GLOBE Foundation

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 ...

Jun. 9, 2011

By GLOBE Foundation

Eco Expo Asia 2016 closed with record-breaking exhibitor and visitor numbers

Eco Expo Asia 2016 closed amid great acclaim with record-breaking exhibitor and visitor numbers. Held from 26 – 29 October, the Expo was jointly organised by Messe Frankfurt (HK) Ltd and the Hong Kong Trade Development Council, and co-organised by the Environment Bureau of the Government of Hong Kong Special Administrative Region. The ...

Dec. 15, 2016

By Messe Frankfurt (HK) Ltd

EU governments back emission trading for aviation

Airlines should be included in the European carbon trading scheme (ETS), EU environment ministers agreed almost unanimously on Tuesday. Most also said there should be no initial exemption for flights to and from non-EU destinations. But there was no consensus on when carbon caps should be first applied to the sector. In their first public debate on draft legislation to include aircraft emissions ...

Feb. 22, 2007

By Environmental News and Data Services (ENDS)

South Korea passes landmark emissions trading legislation

UK Climate Change Minister Greg Barker said: “I want to congratulate the South Korean Government and the National Assembly on passing this landmark legislation on emissions trading. The UK strongly supports the use of carbon markets to drive forward low-cost carbon abatement and to promote ambitious emission reduction targets. This is an important step in South Korea’s green growth ...

May 4, 2012

By Department of Energy and Climate Change

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 ...

Feb. 16, 2015

By GLOBE Foundation

Carbon emissions trading in the United States – an update

The report Carbon Emissions Trading in the United States, written by Barbara Hendrickson, Virginia Huang and Marty Venalainen and published by McMillan Binch Mendelsohn LLP, is a detailed discussion and overview of the US carbon market. The report discusses the evolution of emissions trading in the United States, its current ...

Jan. 15, 2008

By GLOBE Foundation

Emissions Trading Contributes to the Spread of Electric Vehicles in Estonia

Tokyo, Mar 4, 2011 - (JCN Newswire) - Mitsubishi Corporation (MC) has concluded an agreement with the Estonian Government to purchase 10 million tons of emissions rights. Under the terms of this contract, MC will also be providing 507 electric vehicles, manufactured by Mitsubishi Motors, as well as support with regard to quick charging technology, a field in which Japan is a leading player. These ...

Mar. 4, 2011

By Japan Corporate News - JCN

Emissions trading improving, says new EEA report

The European Union is running the largest multi-country, multi-sector greenhouse gas Emission Trading Scheme (ETS) worldwide. A report presented by the European Environment Agency shows that the implementation of the ETS is improving. For the reporting year 2007, all Member States have delivered information on their experience in accordance with Article 21 of the Emissions Trading Directive. The ...

Mar. 13, 2008

By European Environment Agency (EEA)

Emission trading is an engine driving new jobs

Untitled Document At the start of the new year, 1849 managing directors and businessmen throughout Germany received e-mails from ...

Aug. 2, 2005

Revising the EU emissions trading scheme from 2013

The European Commission adopted a Communication setting out its agenda for revising the EU emissions trading scheme (EU ETS) in the light of experience gained since it began operating in January 2005. The Commission wants to promote the environmental impact of emission trading by expanding it to new sectors and gases and further its global application as a key tool to combat climate change. The ...

Nov. 23, 2006

EU emissions trading system delivers valuable lessons

The Pew Center on Global Climate Change has released a new report examining the European Union’s Emissions Trading Scheme (EU ETS) that offers a realistic assessment of the system’s initial objectives and outcomes. The report, "The European Union’s Emissions Trading System in Perspective," by A. Denny Ellerman and Paul L. Joskow of the Massachusetts Institute of Technology, ...

May 15, 2008

By GLOBE Foundation

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 ...

Jan. 11, 2016

By Ecofys

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