In 2019, the illegal wildlife trade reached staggering levels. Pangolin scales and ivory were being trafficked in massive quantities from Africa to Asia, exposing a network of crime syndicates operating at an industrial scale. The sheer volume of these shipments marked a disturbing milestone, one that revealed the global reach …
In preparation for the national market, China has selected seven cities and provinces, including Shanghai, pictured, Beijing and Guangdong, to set regional caps and institute pilot programs for trading rights as part of its initiative to cut the intensity of emissions by as much as 45 percent before 2020 from …
Big emitting industries and poorer eastern member states in the European Union could get tens of billions of euros in additional funds next decade to help them meet the bloc’s 2030 energy and climate goals, a draft EU document showed. According to undated draft conclusions leaked from the European Council …
China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules for what will be the world's biggest emissions trading scheme. The world's biggest-emitting nation, accounting for nearly 30 percent of global greenhouse gas …
A new report from the UK’s Institute for Public Policy Research (IPPR) think tank has called for energy efficiency to be at the core of an EU strategy to improve security of energy supplies. The document emerges at a time of significantly increased concern over energy supplies given Europe’s dependence …
New coal power stations designed to burn Europe’s massive deposits of lignite pose a serious threat to the continent’s decarbonisation efforts, according to figures released on Wednesday. Analysts from Greenpeace’s Energydesk compiled data from the German government that shows burning Europe’s reserves of lignite would wipe out the EU’s entire …
China's State Council has published a guideline to promote the purchase and trading of emissions permits in regions piloting the scheme. The pilot regions must establish mechanisms for the purchase and trading of emissions rights by 2017 to lay a foundation for the scheme to be rolled out nationwide, said …
Proponents of curbing carbon emissions often point to the additional benefits of cleaner air and healthier families. The high cost of climate change policies, they reason, will be largely offset by health care savings. Now, a team of researchers at Massachusetts Institute of Technology have quantified just how big that …
California, which releases more greenhouse-gas emissions than any other U.S. state except Texas, sold 22.5 million carbon allowances at auction for $11.50 each, just above analysts’ expectations. Units of BP Plc (BP/), Chevron Corp. (CVX), Edison International (EIX), PG&E; Corp. (PCG), Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) …
China, the world’s biggest emitter of greenhouse gases, said it will allow foreigners to trade carbon permits in Shenzhen, making it the nation’s first emissions exchange to welcome outside investors. The Shenzhen exchange has yet to set the date or finalize other entry procedures for foreign investors. The State Administration …
Clive Palmer has softened the conditions under which his proposed emissions trading scheme would be launched, in an attempt to attract more political support for a new price on carbon. The details of Mr Palmer's proposed trading scheme, which he first floated in an unlikely joint news conference with former …
Britain's manufacturing industry is calling for a significant reform of the EU Emissions Trading System (EU ETS), urging the European Council to do more to keep crucial investment in energy intensive industries (EIIs) within Europe. The call was made earlier today (21 August) by the manufacturers' organisation EEF, which believes …
Guangdong, the biggest of China's seven pilot carbon trading markets, will this year hand out around 6 percent more emission permits to companies than in 2013, potentially aggravating oversupply that sent prices tumbling earlier this year. The market is meant to rein in climate-changing greenhouse gas emissions from power stations, …
As countries around the world face urgent agricultural challenges, the concept of ‘climate-smart’ agriculture (CSA) has been put forward to synergistically achieve climate change adaptation, mitigation, and food security. This paper explores how three countries are using integrated policy approaches to CSA. Brazil invested in research to support sustainable intensification …
The Palmer United party leader, Clive Palmer, has announced plans to host an unofficial “world climate change convention” at his Sunshine Coast resort, but would not reveal who would attend. The 17 November event will be held one day after the G20 meeting of world leaders in Brisbane, and just …
As China lays down plans for a national carbon trading scheme, the world's biggest emitter of greenhouse gases risks repeating mistakes made in carbon trading in Europe by flooding its pilot markets with free permits. The European Union's scheme, the world's largest, suffered a collapse in prices hurting its credibility …
The nearly 200 firms in Shanghai's emissions trading scheme cut their CO2 output by 5.3 million tonnes in 2013 compared with 2011, government officials said Monday, according to state-owned media. The Shanghai scheme is one of seven pilot carbon markets launched in China as the federal government prepares a national …
Japan and Mexico have signed a deal for Japanese companies to earn carbon credits by investing in technology to cut greenhouse gas emissions in Mexico - in Japan's 12th bilateral carbon agreement. The programme, known as the Joint Crediting Mechanism (JCM), lets companies in Japan, the world's fifth-biggest greenhouse gas …
California Governor Jerry Brown and Mexican environmental officials signed a pact on Monday aimed at reducing greenhouse gas emissions, an agreement that could eventually expand the market for carbon credits. The six-page memorandum of understanding calls for cooperation in developing carbon pricing systems and calls on the partners to explore …
Australia's repeal of a pioneering tax on carbon emissions has dealt a sharp blow to struggling international efforts to coordinate on global warming and comes ahead of key climate-change talks next year. On July 17, Australia's parliament pulled the plug on the 2012 tax, which charged 348 businesses such as …
Some developers of projects to cut carbon emissions in developing nations, particularly China, are likely to pull out of the U.N. offset scheme and move to markets with higher prices, if plans to allow them to exit are implemented. At a meeting last week, members of the board overseeing the …
