Ten carriers are accused of not providing required emissions data and not participating in a permit system that entitles airlines to emit greenhouse gases in European airspace.
(6 days ago)
Europe is quickly moving to a fresh carbon cap for 2030, with early signs it could reinvigorate the emissions market and simplify low-carbon policy.
(2 months and 10 days ago)
The low price of carbon credits means the market is not pushing polluters to reduce carbon emissions, which most climate scientists believe contribute to global warming.
(30 days ago)
The European Parliament voted against tightening the supply of carbon-emissions allowances, which would have increased their price.
(1 month and 4 days ago)
In a step toward combating global warming, China announced earlier this week that it would implement a tax on carbon dioxide emissions, reports Xinhua, China's official state news agency. Some economists view action by China as key in the international push to preserve the environment. While U.S. carbon emissions recently hit a 20-year low, China's carbon emissions continue...
(3 months ago)
CARBON markets look green around the gills. The price of carbon on Europe’s emissions-trading system, the world’s biggest, has slumped. Barack Obama’s hope of getting a cap-and-trade proposal through Congress seems as distant as ever. There is no sign of action in places like India and Brazil. But it is easy to forget how far carbon markets have come. They exist or are on...
(2 months and 30 days ago)
AUSTRALIA'S greenhouse gas emissions dropped 0.2 per cent in 2012, prompting calls for the government's carbon policies to be bolstered.
(1 month and 6 days ago)
The Wall Street Journal tells us that the entire edifice of Europe's attempt at controlling carbon emissions has come tumbling down. They say this because the price of permits on the trading exchange has tumbled. But they seem to be unaware that low prices are just great, this is what we actually desire: One of the great policy bubbles of our times has been cap and trade...
(1 month and 2 days ago)
THE world’s largest carbon market has been holed below the water line. On April 16th the European Parliament voted to reject an attempt to bolster Europe’s flagship environmental programme, the Emissions Trading System (ETS). Carbon prices, already low, plunged. The emerging network of global carbon trading and European climate policy as a whole could sink.The ETS has long...
(1 month and 2 days ago)
MONTREAL/WASHINGTON (Reuters) - The global airline industry favors offsetting carbon emissions by buying carbon credits rather than participating in an industry-wide cap-and-trade system, the head of the trade association for global airlines said Monday.
(8 days ago)
More Home news »