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 …
China's carbon emissions could be nearly 20 percent higher than previously thought, a new analysis of official Chinese data showed on Sunday, suggesting the pace of global climate change could be even faster than currently predicted. China has already overtaken the United States as the world's top greenhouse gas polluter, …
European attempts to enforce its emissions trading scheme on airlines may undermine a global solution to curb aviation's environmental damage and risk a trade war, IATA claims. The International Air Transport Association, which represents 240 airlines worldwide, reiterated its call for the EU to drop its “unilateral and extra-territorial” scheme, …
Senate lawmakers and the Obama administration on Wednesday stiffened their opposition to a European law that targets emissions from commercial jetliners and applied new pressure on Brussels and the United Nations to resolve global concerns. In a rare display of election-year bipartisanship, Democratic and Republican members of the Commerce Committee …
Countries that oppose the European Union's move to include airlines in its scheme to control carbon emissions would find it difficult to bring a dispute to the World Trade Organization (WTO), an official with the global trade body said on Friday. China and India have boycotted their airlines from taking …
European environment ministers are expected to reopen a difficult debate later this month on deeper EU carbon emissions cuts, but a draft text ahead of the meeting stops short of any firm targets. Previous discussion of bigger carbon cuts has been tense, with coal-reliant Poland objecting that they could damage …
The European Union needs to aim for a deeper emissions cut soon, to rescue a record low carbon price and spur long-term investment in low-carbon technology, leading carbon market players said at an industry gathering. Europe's economic slump has made it easier for the EU to reach its 2020 climate …
Countries that oppose the European Union's move to include airlines in its scheme to control carbon emissions would find it difficult to bring a dispute to the World Trade Organization (WTO), an official with the global trade body said on Friday. China and India have boycotted their airlines from taking …
European environment ministers are expected to reopen a difficult debate later this month on deeper EU carbon emissions cuts, but a draft text ahead of the meeting stops short of any firm targets. Previous discussion of bigger carbon cuts has been tense, with coal-reliant Poland objecting that they could damage …
The European Union needs to aim for a deeper emissions cut soon, to rescue a record low carbon price and spur long-term investment in low-carbon technology, leading carbon market players said at an industry gathering. Europe's economic slump has made it easier for the EU to reach its 2020 climate …
The total value of the carbon market grew by 11 per cent in 2011, to $176 billion, and transaction volumes reached a new high of 10.3 billion tons of carbon dioxide equivalent (CO2e), according to a new report from the World Bank (WB). The report titled on "State and Trends …
Greenhouse gases from the European Union rose more than 2 percent in 2010 when a cold winter and a rebound in many economies drove up energy use, breaking a multi-year pattern of emissions declines. The year-on-year rise in the official EU data released on Wednesday was slowed by emissions declines …
State of the Voluntary Carbon Markets 2012: Developing Dimension is the sixth annual report created to shed light on trading volumes, credit prices, project types, locations, and the motivations of buyers voluntarily purchasing carbon offsets. Findings are based on data voluntary reported by 312 offset suppliers, seven exchanges, and all …
European carbon prices could treble from current levels to average above 19 euros ($23.80) over the next eight years provided European governments cut supply of permits, according to a survey by consultants PwC. In its annual GHG Market Sentiment Survey, PwC found that 80 percent of respondents were in favor …
The annual report on State and Trends of the Carbon Market 2012 presents an optimistic view of the carbon market, which despite adverse conditions, still grew by 11% in 2011, amounting to US$176 billion with US$10.3 billion tons of carbon dioxide equivalent (CO2e) traded during 2011. The report was launched …
Says continent has to do business with China, Russia, India, and Latin America, all of whom are opposed to the levy Rising tensions with India and China over the European Union's "arrogant" law on carbon emissions could rob the region of the markets that can rescue it from economic malaise, …
Germany has asked for discussion on deeper EU carbon emissions cuts to be put on the agenda at a meeting of environment ministers in June, EU sources said. If agreed, a more ambitious target could help to spur the European Union's carbon market, which has sunk to record lows. Previous …
Countries risk delaying much-needed private sector investment in slowing deforestation by dodging tricky issues such as how to protect the rights of forest dwellers, green groups said Thursday. Negotiators aim to finish work on how to measure the CO2 content of tropical forests by the year-end U.N. meeting in Qatar. …
Rising tensions with India and China over the European Union's "arrogant" law on carbon emissions could rob the region of the markets that can rescue it from economic malaise, airline leaders said on Thursday. They also said they had prepared contingency plans for a possible exit of Greece from the …
China's civil aviation authority on Wednesday reiterated its opposition to the European Union's imposition of an emissions trading scheme on global aviation, despite a threat from the EU last week to punish Chinese airlines for not cooperating. As talks have so far proven futile, the parties involved expect that a …
An aviation conference in Beijing on Wednesday saw leaders of the industry voice strong concern over a European Union (EU) plan to tax international airlines for carbon emissions, and an EU official signal a more flexible attitude from the bloc. Chinese and US aviation authorities and industry associations reiterated opposition …
