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 …
Global carbon dioxide emissions rose 3 percent to 34 billion tonnes in 2011, according to a new EU report, undermining a U.N. goal to limit the rise in global average temperatures to 2C above industrial levels by 2050. According to the report, published Wednesday by the European Commission's Joint Research …
NEW DELHI: The meeting of BASIC countries - Brazil, South Africa, China and India — in Pretoria, South Africa, made a strong statement against EU's carbon tax on aviation at the end of two-day talks. A joint statement of the four countries stated, "Ministers were deeply concerned at the continued …
The European Union is "totally committed" to reaching a global deal on carbon emissions from airlines, the Commission said on Thursday as efforts resumed to defuse an international row over the issue. Commission President Jose Manuel Barroso, EU Climate Commissioner Connie Hedegaard and International Civil Aviation Organization (ICAO) President of …
Resolution soon retaliation against EU airlines, air pacts possible, say officials The Union Cabinet is likely to soon pass a resolution endorsing the fact that Indian airliners would not share their specific carbon emission data with European Union (EU) authorities. This will be the first time since the imbroglio began …
A planned quick fix to the European Union's Emissions Trading Scheme is expected to emerge over the coming weeks as a first step to the deeper reforms urgently sought by environmental and some business campaigners. The European Commission has yet to confirm the date when it will publish details of …
The Euro crisis, coupled with unresolved global issues over the post-2012 Kyoto framework, continues to make carbon pricing a volatile and unpredictable activity. Demand for carbon has already reduced drastically as a result of the European sovereign debt crisis according to a new report from energy analysts GlobalData. At the …
Pragmatism has recently taken up the ‘practice turn’ in order to overcome the neglect of agency in poststructuralist accounts. To explore potential advantages if such an approach is used for an analysis of carbon markets, it is first asked whether a practice approach could allow us to go beyond the …
Successive New Zealand governments have failed to adopt effective climate change policies. A positive, albeit limited, step was taken with the New Zealand Emissions Trading Scheme in 2008, a scheme founded on a framework of comprehensive coverage, applying to all sectors of the economy and all Kyoto gases, addressing the …
To investigate the ‘promiscuous history’ of the efficiency of emissions trading markets, I draw from Actor Network Theory and specifically the work of Bruno Latour, highlighting how the commonly made claim to efficiency was constructed as a ‘fact’. I trace the processes, beginning in the early 1970s, that constructed first …
Following the rapid development of carbon markets, little attention has been devoted to what precisely is being traded. Some authors have speculated that carbon can be considered as a form of money (Button; House and Victor). Not only is making money from carbon possible via several market devices but this …
THE Coalition's climate change policy could end up costing an extra $24 billion if ''Direct Action'' fails to achieve its assumed ambitious greenhouse emissions reductions from soil carbon and tree planting, an analysis provided to the government says. The Coalition says it will pay just $10.5 billion over 10 years …
New Zealand carbon prices hit a two-month high this week, extending gains as ongoing speculation of tighter liquidity in the European carbon market was expected to bolster the New Zealand market in the longer term. New Zealand permits for spot delivery (NZUs) rose as high as NZ$7.00, traders said, their …
FOR those who live in China and are forced to breathe in its air every morning, the findings of a recent report may come as no surprise, but to climate analysts it will make for uncomfortable reading. According to a new paper published in the journal Nature Climate Change, China …
Airlines whose carbon emissions are more than prescribed cap have to reduce emissions or pay for it The European Union (EU) has decided it would not ban foreign airlines that have refused to share their carbon emission data from entering EU airspace. However, it said stringent financial penalties would be …
European Union negotiators agreed early on Thursday the text of a law designed to make governments and utilities improve energy efficiency and lower the bloc's fuel bills. The legislative proposal was agreed by representatives of the Commission, the European Parliament and the presidency shortly after midnight, EU sources said. It …
Despite leading in some aspects of green technology, such as solar and wind power, China still faces a fight to reduce its level of emissions. China considers ways of reducing emissions Twenty six newly wed couples held a group wedding on the first day of 2012 in Zhanjiang, Guangdong province, …
Australia will levy a controversial carbon tax on about half the number of companies originally expected, a government list released on Friday shows, which may limit the economic and political impact of the tax which starts on July 1. Prime Minister Julia Gillard has pinned her government's survival on implementing …
Europe's emissions trading scheme has failed to create incentives for utilities to use cleaner energy fuels, meaning that governments will have to switch to simpler tools, such as subsidies and regulation, to enforce emissions reduction targets. One of the most effective steps to reduce emissions would be to switch from …
A New York state court on Wednesday dismissed a Tea Party-backed lawsuit that tried to block the state from participating in a cap-and-trade system to cut carbon emissions in the Northeast, finding that the plaintiffs had no grounds to challenge the program. State Attorney General Eric Schneiderman, who represented New …
The International Air Transport Association (IATA) warned on Tuesday that some countries may be on the brink of launching a retaliatory trade war against the decision of the European Union to include air travel in the emission trading scheme. The new scheme came into effect from January 1 this year. …
