greenhouse gas emissions trading News

  • Higher EU greenhouse gas emissions in 2010 due to economic recovery and cold winter

    Greenhouse gas emissions increased in 2010, as a result of both economic recovery in many countries after the 2009 recession and a colder winter. Nonetheless, emissions growth was somewhat contained by continued strong growth in renewable energy sources. These figures from the greenhouse gas inventory published by the European Environment Agency (EEA) today confirm earlier EEA estimates. ...

  • Statistical release: UK climate change sustainable development indicator: 2009 greenhouse gas emissions, final figures

    DECC today publishes final 2009 estimates of UK greenhouse gas emissions. Greenhouse gas emissions - headline results In 2009, UK emissions of the basket of six greenhouse gases covered by the Kyoto Protocol were estimated to be 566.3 million tonnes carbon dioxide equivalent (MtCO2e). This was 8.7 per cent lower than the 2008 figure of 620.5 million tonnes. Between 2008 and 2009 there ...

  • Carbon Forum America sets the stage for emissions trading in the US

    After two days of conference sessions, exhibitor presentations via “Side Events“ and interaction on the trade show floor, Carbon Forum America came to a close at the Moscone Center in San Francisco where the event took place on February 26-27, 2008.  The event was jointly organized between the International Emissions Trading Association (IETA) and the Chicago-based show organizer Koelnmesse, ...


    By Koelnmesse

  • BGV Seeks EU100 Million for East Europe Emissions-Trading Fund

    Sept. 10 (Bloomberg) -- Blackstone Global Ventures, the emissions trading firm based in Prague in the Czech Republic, is seeking to raise 100 million euros ($138 million) to invest in East Europe projects that curb the release of greenhouse gases. The fund will invest in projects, including landfill gas- combustion plants in Ukraine, to gain emission-reduction units under the United ...

  • Australia`s Emissions Trading Scheme Sets No Cap, No Date

    MELBOURNE, Australia, July 17, 2007 (ENS) - The Australian government will begin work on a greenhouse gas emissions trading scheme with analysis of a long-term goal for emissions reduction, Prime Minister John Howard announced today. The government's A$637 million plan sets no cap on emissions nor does it set a date for when the trading of emissions credits will begin. As a first step, Howard ...

  • World emissions trading market grows by 80% to US$60bn

    Point Carbon, a world-leading provider of independent analysis and consulting services for governments and companies in the global power, gas and carbon markets, this week released its “Carbon 2008” report which includes the results of the largest survey ever conducted into the carbon market. Point Carbon received over 3700 responses to their comprehensive survey, 40 percent of which trade or own ...


  • Technology support combined with emissions trading best over long term

    Achieving long-term reductions in greenhouse gas (GHG) emissions is a growing priority, both nationally and internationally, as evidenced by the recent package of climate and energy proposals for Europe under discussion this year1. But new research suggests that policies that lead to cost-effective GHG reductions in the short term may not be cost-effective over the long term. Market-based ...

  • Kyoto Protocol Parties move closer to trading emission allowances

    (Vienna, 30 August 2007)  The secretariat of the United Nations Framework Convention on Climate Change (UNFCCC) today released first results indicating that countries will meet criteria to begin trading in Kyoto emission allowances for 2008, the first year of the Treaty’s first commitment period. International teams coordinated by the secretariat have finished reviews of reports submitted by ...

  • New Zeland Minister welcomes progress on emissions trading bill

    Climate Change Minister David Parker this week has welcomed a select committee report on legislation to establish an emissions trading scheme. “The Finance and Expenditure Committee has read 259 submissions and listened to 160 oral submissions in 58 hours of hearings,” David Parker said. “The changes recommended by the committee as a result of their consultation will improve the Bill.” “I’d ...


    By New Zealand Government

  • 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 SERIES

  • Council adopts decision clarifying provisions on the timing of auctions of greenhouse gas allowances

    The Council today adopted1 a decision amending the EU's emissions trading system directive (directive 2003/87/EC) by clarifying provisions on the timing of auctions of greenhouse gas allowances (PE-CO#6;S 114/13, 17307/13 ADD1). The adaptation by the Commission of the timetable of auctions will require a prior impact assessment of the risks of carbon leakage for particular industrial sectors. ...


    By EU Council of Ministers

  • Financial impacts of ‘cap and trade’

    So-called 'cap and trade' legislation has often been portrayed as a regressive policy - one that would hit poor people the hardest. A new MIT study concluded that this is not the case. The U.S. House of Representatives passed a cap-and-trade bill last year, and different versions of that bill had been working their way through the Senate until being yanked from consideration last month. The ...


    By GLOBE Foundation

  • European Environment Agency develops more transparent greenhouse gas data

    The European Environment Agency has developed a new greenhouse gas (GHG) emissions viewer, where users can display emission data broken down by Member State, year and trading sector in a user-friendly interface. With this viewer, the EU Emission Trading Scheme (ETS) data become significantly more accessible for a wide range of users.  Over 11,000 industrial installations in Europe — which ...

  • Western Governors, Premiers Set Greenhouse Gas Reduction Goal

    OLYMPIA, Washington, August 22, 2007 (ENS) - The eight members of the Western Climate Initiative, WCI, today announced that they have established a regional goal to reduce greenhouse gas emissions in the West to 15 percent below 2005 levels by 2020. By defining the goal before the end of August, WCI members met the timetable they set when the organization was created in February. ...

  • Businesses target greenhouse gas cuts in Australia and New Zealand – conference communique

    Australia and New Zealand can cut their greenhouse gas emissions by at least 15% by 2020 in economically beneficial ways, according to business leaders at the 6th Australia-New Zealand Climate Change and Business Conference in Sydney. But to do so businesses in both countries need a carbon price and a full range of other measures tailored to the specific needs of each sector, speakers from major ...

  • EPA releases proposed mandatory greenhouse gas reporting rule

    The United States Environmental Protection Agency (EPA) has proposed a comprehensive, national system for reporting greenhouse gas (GHG) emissions under the authority of the Clean Air Act. Published in the Federal Register on April 10, 2009, the ...


  • Analysis shows greenhouse gas cuts easy on American wallets

    The overall cost of capping greenhouse gases for the average American family will amount to less than one percent of household budgets over the next two decades, finds a new analysis released Monday by the nonprofit Environmental Defense Fund. The anticipated cost to the U.S. economy of reducing emissions is small, even difficult to measure against projected economic growth, but the most ...

  • A&WMA issues call for abstracts for greenhouse gas measurement symposium

    The Air & Waste Management Association (A&WMA) has issued a call for abstracts for the first international Greenhouse Gas (GHG) Measurement Symposium, to be held March 23-24, 2009, in San Francisco, CA. The symposium will provide a forum to discuss novel concepts in GHG emission source measurement, measurement-based modeling, and surrogate-monitoring assessment in the context of future ...

  • Carbon Market Data launches the Greenhouse Gas Reporting Company Database

    The team at Carbon Market Data is happy to announce the launch of the Greenhouse Gas Reporting Company Database. The first version of this new information solution includes data on South Korean companies. The Korea GHG Reporting Company Database provides greenhouse gas emissions data as well as ...


    By Carbon Market Data

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