March 10, 2011
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Environment Management Newsletter March 10, 2011 |
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| This Week´s Featured News Stories |
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Airlines `broadly happy` with carbon credit allowance
The European Commission has decided on the amount of carbon credits it will issue to aircraft operators when they enter its Emissions Trading Scheme (EU ETS) next year, securing luke warm approval from airlines who said the distribution of allowances had been set at "an acceptable level". Around 4,000 operators flying in and out of Europe will be forced to enter the emissions cap-and-trade scheme and required to adhere to emissions targets or buy additional carbon allowances to cover any excess emissions. The Commission confirmed yesterday it would divide allowances worth 212,892,052 ... |
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China`s five year plan delivers promised flurry of green goals
China`s latest five year plan was formally released this week, setting out a raft of green targets and initiatives designed to put the world`s second largest economy on a more environmentally sustainable development path. The draft plan was launched by Premier Wen Jiabao at the opening on Saturday of the National People`s Congress in Beijing, during which he set out the case for making increased investment in low carbon industries the government`s top priority alongside efforts to tackle the growing gap between rich and poor. As widely anticipated, the plan, which is expected to ... |
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