world emissions trading scheme News

  • 3C: G8 summit could take decisions for post-Kyoto period

    Frankfurt -- The international carbon consulting group 3C welcomes the aim expressed by politicians and industry leaders during the World Economic Forum in Davos this year to establish a world wide emissions trading scheme. However, Dr. Sascha Lafeld, Member of the Board of 3C Holding AG, points out, that globally tradable certificates are already provided by the so called project based ...


    By First Climate AG

  • Australian States Leave Feds Behind on Greenhouse Gas Trading

    Untitled Document MELBOURNE, Australia, April 4, 2005 (ENS) - The states and territories of Australia have reached a joint agreement on greenhouse gas emissions trading to fight climate change. The federal government, under Prime Minister John Howard, has declined to ratify the Kyoto Protocol, so the states and territories have initiated their own emissions reduction scheme. ...

  • Nick Clegg and Edward Davey: we need this key commitment to climate action

    This week ministers from across Europe are meeting to tackle a threat to our shared prosperity: the crashing price of carbon. The EU has the world's largest international emissions trading scheme (ETS). The amount of carbon that companies can emit is capped, and each firm has its own allocation of carbon permits, which they trade freely. Ultimately, cutting carbon can yield financial rewards. ...

  • EU makes carbon pollution more expensive

    It will become more expensive for businesses in the European Union to burn fossil fuels this year after the 28-country bloc decided Wednesday to beef up its carbon trading system. The agreement ended a year of bickering over how to amend what is Europe's prime tool in the fight against climate change and the world's biggest emission trading system. Under the cap-and-trade scheme, companies pay ...


    By Associated Press

  • ​Svebio becomes partner of the Carbon Pricing Leadership Coalition

    Svebio has joined the international initiative Carbon Pricing Leadership Coalition as a strategic partner. CPLC promotes the pricing of carbon dioxide emissions in countries, regions and companies internationally. Svebio encourages other Swedish actors to participate in the global work to put a price on climate-harmful emissions by introducting carbon taxes or emission trading. Carbon ...

  • Japan is the ‘real world’ model for climate policy

    With the G8 set to meet in Italy this week, a report from a worldwide consortium of research institutes is arguing that the only policies that will work are those which focus on improvement in energy efficiency and the decarbonisation of energy supplies. The report, published by the Institute for Science, Innovation and Society at the University of Oxford and the London School of Economics and ...

  • Chicago Climate Exchange Forms New Exchange for California

    CHICAGO, Illinois (ENS) - The Chicago Climate Exchange, Inc., CCX, is forming the California Climate Exchange to develop and trade financial instruments relevant to the California Global Warming Solutions Act, signed last summer by Governor Arnold Schwarzenegger. The law calls for a mandatory reduction in California's greenhouse gas emissions as of 2012, with mandatory reporting of emissions to ...

  • Enhesa and Baker & McKenzie join forces to host a free webinar on emissions trading -- 3 and 16 July 2012

    On July 3rd and 16th, Enhesa and Baker & McKenzie will come together to co-host a complimentary webinar on emissions trading. Some 50 countries or regions around the world are now looking at some form of national regulation to limit greenhouse gas emissions. As leading practitioners in the field, Enhesa and Baker & McKenzie will provide unique insight on the significant global ...

  • Analysts say global carbon market will pass US$100bn by year`s end

    The global carbon market is on pace to grow more than 80 percent this year to $116 billion, according to the clean-technology research and analytics firm New Energy Finance. The burgeoning market -- which hinges on the buying and selling of carbon dioxide and other greenhouse gas emissions -- grew almost 36 percent, from $64 billion at the start of January to $87 billion at the end of September. ...

  • Solving the Challenge of Emissions Reduction in Buildings?

    As commitments to CO2 reductions begin to bite in many countries, one of the key battlegrounds against rising emissions will be in the cities and, in particular, greenhouse gas emissions from buildings. Targeting the appropriate buildings, mandating appropriate solutions and creating suitable policies and strategies (regulation and incentives) have been problematic - until now. A promising ...


    By Taylor & Francis Group (USA)

  • Airline emissions - is an air war looming in the skies over Europe?

    A watchdog agency of the United Nations Framework Convention on Climate Change (UNFCCC) is proposing that the UN establish a new authority to regulate emissions from aviation. As well, the European Union wants all airlines serving Europe to buy offsetting carbon credits on the EU-ETS or face stiff penalties. The aviation industry believes it can solve the problem without regulation and vows to ...


    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 the world ...

  • A new stern report on climate change

    "The world faces an unprecedented challenge which requires urgent global action to sustain growth and guard against the risks of catastrophic climate change." Those are the opening words to a new report entitled Key Elements of a Global Deal on Climate Change by Sir Nicholas Stern, author of the landmark 2006 UK report on the economic costs of climate change action. Stern notes that the balance ...


    By GLOBE SERIES

  • Watchdog calls for new UN agency to oversee transport emissions

    A newly formed watchdog of the United Nations Framework Convention on Climate Change (UNFCCC) is proposing that the UN establish a new authority to regulate emissions from high-carbon international activities such as aviation and shipping. The International Scientific and Business Congress on Protecting the Climate, a group of climate change policy negotiators, scientists, and business ...


    By Worldwatch Institute

  • Failure to Manage Global Warming Would Cripple World Economy

    Documento sin título LONDON, UK, October 30, 2006 (ENS) - The most comprehensive review ever carried out on the economics of climate change warns that global warming could inflict worldwide disruption as great as that caused by the two World Wars and the Great Depression. Published today and launched at the offices of the Royal Society in London, the Stern Review ...

  • World carbon markets at a turning point

    The world's carbon markets are at a turning point according to the latest Thomson Reuters Point Carbon annual survey of carbon trading. While the volume of carbon credits traded globally will grow by an estimated 14 percent this year, reaching roughly 12 gigatons of carbon dioxide equivalents, concerns remain about depressed market prices in certain markets and uncertainties abound over the ...


    By GLOBE SERIES

  • First U.S. carbon market begins sixth year of CO2 Auctions

    The Regional Greenhouse Gas Initiative (RGGI), the U.S's first market-based regulatory program to reduce greenhouse gas pollution, enters its 6th year of operation with a renewed mandate and record high sales. The scheme's most recent auction sold over 37 million CO2 allowances and generated $105.9 million for reinvestment by the nine RGGI member states* in a variety of consumer benefit ...


    By GLOBE SERIES

  • Big banks ranked on climate change practices

    Goldman Sachs ranks highest and Bear Stearns ranks lowest of the investment banks rated in a first-ever analysis of the climate change governance practices of 40 of the world’s largest banks. Of the diversified banks, the report issued Thursday by the Ceres investor coalition based in Boston ranks HSBC Holdings at the top and the Bank of China at the foot of the list. Established in 1865 as ...

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