June 16, 2011
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Air & Climate Newsletter June 16, 2011 |
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| This Week´s Featured News Stories |
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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 EU`s plans since their inception. Their grievances were given renewed publicity this week when Tom Enders, chief executive of Airbus, and Steve Ridgway, chief executive of Virgin Atlantic ... | ||
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Carbon management market to reach $5.7 billion by 2017
Current trends in energy supply and use, accompanied by rising greenhouse gas (GHG) emissions, are unsustainable - economically, socially, and environmentally - according to the International Energy Agency (IEA). The U.S. government estimates that GHG emissions will increase by 50% by 2030 and even with energy and fuel efficiency improvements in transportation, buildings, and electric power generation and consumption, emissions will still increase by 35% during this same period. Driven by these trends, corporations are increasingly adopting carbon management tools, both ... | ||
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