world emissions trading scheme News

  • 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

  • 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

  • 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 ...

  • 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 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 ...

  • 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 ...

  • 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 ...

  • Carbon Trust reveals uncertain impact of EU emissions trading scheme on airline industry

    The Carbon Trust has launched a new report outlining the impact of the EU emissions trading scheme (EU ETS) on the airline industry. “Industry faces carbon constraint on growth without technology breakthrough” – Bruce Duguid, Carbon Trust The Carbon Trust today launched a new report outlining the impact of the EU emissions trading scheme (EU ETS) on the airline industry. The report coincides ...


    By Carbon Trust

  • Clear skies ahead: MEPs vote to curb airline emissions by including them in European trading scheme

    In adopting a first-reading report, MEPs on Tuesday backed the Commission's plan to include the aviation sector in the EU emissions trading scheme (ETS). While the Commission had proposed capping ETS allowances for CO2 emissions at 100 percent of aircraft operators' average annual emissions during 2004-2006, the EP went even further, reducing the number of ETS-authorised emissions for aviation to ...


    By European Parliament

  • South Korea passes legislation for carbon cap and trading scheme.

    South Korea's National Assembly recently passed legislation on the Allocation and Trading of Greenhouse Gases Emissions. The greenhouse gas (GHG) trading scheme will be implemented effective January 1, 2015. Korea's industrial sector has long opposed the emission-trading scheme. It has maintained that if the proposed law were passed Korean manufacturers would be unable to compete with ...


    By GLOBE Foundation

  • E.ON advocates uniform global carbon trading with a phased auctioning scheme

    For E.ON, a uniform global carbon trading system and carbon pricing mechanism is the most powerful and market-oriented tool for effective climate protection. 'If a climate agreement was to help us come closer to establishing a single carbon market, then that would be a huge success for the Copenhagen Climate Conference,' said E.ON CEO Wulf Bernotat. Prerequisites would be clear emission caps, a ...


    By E.ON AG

  • 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 ...

  • Greenhouse Gas Emissions Trading Markets Take Off

    Untitled Document NEW YORK, New ...

  • 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 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 ...

  • 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 ...

  • 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

  • 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 ...

  • 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 ...


    By Japan Corporate News - JCN

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