eu emissions trading News

  • 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 ...

  • 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 ...

  • Australia to join EU`s emissions trading system

    Australia will scrap its planned floor price for carbon emissions and will link directly with the European Union's emissions trading system by 2018, Climate Change Minister Greg Combet said ...


    By GLOBE Foundation

  • 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 ...


  • 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, ...


    By GLOBE Foundation

  • 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 Foundation

  • EU governments dismantle emissions trading for international aviation

    EU member states yesterday succumbed to pressure from third countries and the aviation industry and decided to shrink the aviation emissions trading system (ETS) to only cover flights between EU airports until 2016. This decision leaves long-haul flights totally unregulated and sends the signal internationally that EU sovereignty can be curtailed through outside pressure.> This deal would ...

  • 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 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 ...


    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 ...

  • EU members traded fewer emissions than allowed in 2007

    Carbon Market Data, a European company providing carbon market research services, issued a data summary on the recent release of the EU Emissions Trading Scheme‘s 2007 verified emissions reports. Based on Carbon Market Data calculations, the EU emissions trading scheme installations were long by 7.5 million tonnes in ...


    By GLOBE Foundation

  • FREE online access to the whole EU Emissions Trading Scheme Database

    We are happy to inform you that Carbon Market Data now offers FREE online access to the whole of our EU Emissions Trading Scheme (ETS) Database. Our EU ETS Database includes all the information on the EU ETS installations: - 24 countries and more than 10500 installations - contact details (address, email, phone number) - sector of activity - number of distributed allowances ...


    By Carbon Market Data

  • Emissions trading: public consultation on future EU ETS auctioning rules launched

    A public consultation on rules to govern the future auctioning of emission allowances under the EU Emissions Trading System (EU ETS) has been launched by consultants working for the European Commission. The consultation forms part of the Commission's preparation of a Regulation on auctioning of allowances with respect to the third and later trading periods. In accordance with the revision of the ...

  • UK welcomes aviation`s inclusion in EU emissions trading scheme

    The decision to include aviation in the European Union's Emissions Trading Scheme has been welcomed by UK Environment Secretary Hilary Benn. Mr Benn said that last week’s groundbreaking agreement, which saw all 27 EU countries support the proposal, is a major step forward for the fight against climate change. Under the new agreement, emissions from aviation will be capped at 2004-06 levels so ...


  • 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 ...

  • A first look at how the EU emissions trading scheme is working

    The EU's emissions trading scheme (ETS) was introduced for a three-year trial period in 2005, and this initial analysis looks at how well it is working using data from the first two years of operation. The research concludes that both over-allocation and a reduction in CO2 emissions occurred. This research provides insights on the extent to which over-allocation of EU Emissions Allowances (EUAs) ...

  • Airlines` attack on EU emissions trading system meets powerful opposition

    The European Union, backed by six of its member states, Norway and an international coalition of environmental organisations robustly defended the law integrating aviation into the EU emissions trading system (EU-ETS) at a hearing today at the European Court of Justice in Luxembourg. EU countries including France, Spain, Sweden, Poland, and Denmark, and led by the United Kingdom strongly ...

  • Climate Change package 2020: the EU’s Emission Trading System’s 3rd Phase

    What will be the future shape of the European Emission Trading System (ETS), a cornerstone of the EU’s efforts to curb greenhouse gases? The EU Commission proposed in January to extend ETS to other sectors and greenhouse gases. Parliament rapporteur Avril Doyle agrees, but her draft report for the Environment Committee calls for adjustments to channel ETS auction revenues towards climate ...


    By European Parliament

  • Council adopts regulation amending EU emissions trading scheme

    The Council today adopted1 a regulation amending the EU Emissions trading scheme directive (2003/87/EC), in view of the implementation by 2020 of an international agreement applying a single global market-based measure to international aviation emissions (PE-CO S 18/14). Today's final adoption of the legislation by the Council follows an agreement reached at first reading with the European ...


    By EU Council of Ministers

  • EU Emissions trading scheme threatens to trap Europe in a high carbon future

    The Emissions Trading Scheme (ETS), the flagship policy covering half of the EU's carbon emissions, could turn intended restrictions on pollution into a trap that commits Europe to increasing carbon emissions for much of the next decade, unless changes are swiftly introduced, warns campaign group Sandbag. Sandbag's analysis shows that the ETS is on course to require savings of, at best, a ...


    By GLOBE Foundation

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