greenhouse gas 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 ...

  • 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 ...

  • 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 ...


  • New President & CEO for the International Emissions Trading Association

    Jack Cogen, Chairman of the International Emissions Trading Association (IETA) today announced that Henry Derwent was appointed new President & CEO of the organization. Mr. Derwent, currently Director, International Climate, Air and Analysis at the UK Department for Environment, Food and Rural. Affairs, will start in his new position on February 18th, 2008. He succeeds Mr. Andrei Marcu, who ...

  • 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 ...

  • 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 SERIES

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 SERIES

  • 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 SERIES

  • 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 ...


  • Emission trading in Australia: call for more science involvement

    With the final Garnaut report due in late September, and the Federal Government’s White Paper and exposure draft legislation due later in 2008, the pace of ETS policy development has been rapid. Some experts feel that the decisions made now to appease business or electoral interests will have significant impacts over the coming decades. The Garnaut draft report called for an Australian emissions ...

  • New greenhouse emissions reporting system starts in Australia

    From  July 1st, businesses emitting large amounts of greenhouse gases are required to monitor and measure the emissions ahead of reporting them to the Government by October next year. Minister for Climate Change and Water, Senator Penny Wong, said the requirements were part of Australia’s new National Greenhouse and Energy Reporting System. “The National Greenhouse and Energy Reporting ...


    By Australian Government

  • 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 ...


  • Canada delivers details of new greenhouse gas regulations

    Canada has published details of its 'Turning the Corner' regulatory framework. The documents, posted on Environment Canada's website, provide additional details about how the Government of Canada will move forward with its plan to reduce greenhouse gas emissions. This plan includes mandatory reductions for industry, along with additional new measures to address two of Canada's key ...


    By Environment Canada (EC)

  • California Kicks Off Cap-and-Trade Program to Auction Carbon Emission Credits

    Today, California kicked off the first auction of their cap-and-trade system for greenhouse gases under the California Air Resources Board (CARB) new cap-and-trade program. This is the first large-scale carbon market in the United States, and is expected to be the second largest carbon market in the world, after the European Union. "Many may agree, especially with the buzz around climate change ...


    By Locus Technologies

  • 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 ...

  • Council gives green light to Commission regulation concerning greenhouse gas emission allowances to be auctioned in 2013- 2020

    The Council today (Feb. 24, 2014) decided not to oppose the adoption of a Commission regulation amending Regulation No 1031/2010 in particular to determine the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020 ("back-loading") (5305/14, 5832/14).  ...


    By EU Council of Ministers

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