Emissions Trading

Disruption and Disarray: An analysis of pangolin scale and ivory trafficking, 2015-2024

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 …

Australia joins EU carbon emissions market

Australia plans to link its carbon trading scheme with the EU's, enabling firms to use European permits from mid-2015 to emit carbon dioxide (CO2). The EU's carbon market is the world's largest and the deal is being seen as a significant step towards cutting greenhouse gas emissions globally. The aim …

EU and Australia link trading emission systems

The European Union (EU) has announced that it will link its emissions trading system with Australia's emissions trading scheme, allowing businesses to use carbon units and comply under either system. Australian Minister for Climate Change and Energy Efficiency, Greg Combet, and the European Commissioner for Climate Action, Connie Hedegaard announced …

Government to scrap carbon floor price

After weeks of secretive talks between the Gillard government and the Greens, Climate Change Minister Greg Combet has announced Labor will scrap the planned $15 floor price on carbon permits in a major overhaul of the carbon pricing scheme. Following intense lobbying from business and threats by the independent MP …

Carbon emission rights trading scheme launched

Shanghai on Thursday launched a pilot carbon emission rights trading scheme in a bid to encourage carbon emission reductions. About 200 major local polluters, including industrial companies whose annual carbon dioxide emissions reach 20,000 tonnes and non-industrial enterprises whose annual emissions total 10,000 tonnes, will take part in the trading, …

Coalition woos farmers with shorter carbon storage plan

THE Coalition is planning to pay farmers to store carbon in their fields for just 25 years in its bid to use soil carbon to meet 60 per cent of Australia's efforts towards long term greenhouse gas reduction. Almost all existing greenhouse schemes require carbon-reducing land use changes to remain …

California defends use of offsets in CO2 market

California's air regulator this week defended its decision to allow emitters to use offset credits in the state's forthcoming emissions trading system, refuting claims made in a lawsuit by two green groups that there is no way to ensure the environmental integrity of those projects. The plaintiffs who brought the …

NGOs urge Obama not to undermine ICAO efforts

Sixteen environmental groups on Friday urged President Barack Obama not to give into pressure by the U.S. airline industry to file an action under the U.N.'s aviation body to block an EU law requiring all foreign airlines to participate in its carbon trading system. In their letter to the White …

India joins US, 15 others against EU carbon tax

India has joined the US and 15 other major countries in opposing European Union’s Emissions Trading Scheme (ETS) which requires carriers flying to or from Europe to offset their carbon emissions. The two-day meeting hosted by the United States to chalk out a common strategy against the EU’s emission trading …

India joins chorus against EU’s emissions trading scheme

Washington India has joined the US and 15 other major countries in opposing the European Union's Emissions Trading Scheme (ETS), which requires carriers flying to or from Europe to offset their carbon emissions. The two-day meeting hosted by the United States to chalk out a common strategy against the EU's …

The EU should stand firm on its scheme to limit aviation emissions

US senators and about 20 countries met in Washington this week to oppose Europe's decision to charge airlines for their carbon emissions by including them in its emissions trading scheme (ETS). This "coalition of the unwilling" failed to agree on a joint declaration, but a US spokesman said: "The meeting …

Countries opposed to EU carbon charge for airlines fail to find an alternative

A two-day meeting hosted the by US of 17 countries opposed to the EU's emissions trading system (ETS) has ended without a joint declaration. The countries, however, reaffirmed their ambition to keep working on an alternative framework to address greenhouse gas emissions under UN's International Civil Aviation Organisation (ICAO). They …

California defends use of offsets in CO2 market

California's air regulator this week defended its decision to allow emitters to use offset credits in the state's forthcoming emissions trading system, refuting claims made in a lawsuit by two green groups that there is no way to ensure the environmental integrity of those projects. The plaintiffs who brought the …

India joins US and 15 other countries against EU's ETS

Opposes Emissions Trading Scheme, which requires carriers flying to or from Europe to offset their carbon emissions India has joint the US and 15 other major countries in opposing European Union's Emissions Trading Scheme (ETS) which requires carriers flying to or from Europe to offset their carbon emissions. The two …

Legislating for energy efficiency

Full implementation of the European Union's new energy-efficiency law faces many hurdles, explains Sonja van Renssen.

Emissions trading in particulate matter takes off

Will the market-based approach to controlling air pollution prove more effective than enforcement methods used by pollution control boards? After failing to check air pollution through the usual enforcement methods, the Union Ministry of Environment and Forests (MoEF) has introduced a market-based mechanism to reduce air pollution. It is called …

EU should commit to tougher emissions target, say MPs

The EU should vow tougher action on climate change to maintain political leadership, says a committee of MPs. The Energy and Climate Change Committee report also says the UK government must aim to end fossil fuel subsidies and raise energy efficiency, saving money. But it has come under fire for …

EU moves to shore up price of carbon emissions

The European Union moved to shore up the faltering price of carbon dioxide emissions on Wednesday, amid widespread concern that the current low price is failing to encourage companies to reduce their greenhouse gas output. But the changes announced to the emissions trading scheme are relatively minor, resulting in changes …

Indian Institute of Management professor among lead authors of United Nations Environment Programme report

AHMEDABAD: A professor from the Indian Institute of Management, Ahmedabad (IIMA) is drafting a report for the United Nations Environment Programme (UNEP) to keep average global temperature rise below 2 degree Celsius. PR Shukla is among the lead authors from around the world, who are preparing a report on the …

IATA says expects India to lead talks on EU airline carbon scheme

The International Air Transport Association (IATA) expects India to lead global talks on the European Union's Emissions Trading Scheme (ETS), Tony Tyler, the organisation's director general, said on Wednesday, adding that he felt India was not "philosophically opposed" to the scheme. Two unidentified Indian airlines failed to meet a March …

Airline carbon tax talks with EU stall

Beijing remains firm on its stance of settling the carbon tax dispute with the European Union through a multilateral approach, a Chinese official said. The official, who requested anonymity, said talks between China and the EU over the tax are making little progress. The EU sent a delegation to Beijing …

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