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 …
The government has asked all domestic airlines not to be part of the European Union’s Emission Trading Scheme (ETS), a decision that the inter-governmental body imposed on airlines entering European airspace. “We have asked airlines not to be part of ETS and any correspondence on this will be routed through …
LONDON: Global greenhouse gas emissions could rise 50 percent by 2050 without more ambitious climate policies, as fossil fuels continue to dominate the energy mix, the Organization for Economic Cooperation and Development (OECD) said on Thursday. "Unless the global energy mix changes, fossil fuels will supply about 85 percent of …
A group of Europe's top aviation companies have jointly called upon the bloc's political leaders to stop an escalating conflict over the inclusion of aviation into its emissions trading scheme (ETS). Brussels insists, however, that the legislation requiring airlines to surrender carbon permits for the emissions they produce during all …
Big business will prove an unexpected ally of the European Commission in pushing for firm policy to cut carbon after existing 2020 targets expire, as companies draw up their own plans for a future of greener power. Many business leaders, independent of official European Union policy, take the view that …
Airbus and Europe’s biggest airlines on Monday called on the European Union to find a compromise on aviation carbon curbs, warning that Europe’s emission limits on foreign carriers could lead to retaliation. Airbus, the world’s biggest maker of civil aircraft, and eight airlines including Air France-KLM, Lufthansa and British Airways …
Coal-reliant Poland on Friday vetoed European Union efforts to move further towards a low carbon economy, pitting itself against the rest of the 27-member bloc. Denmark, holder of the rotating EU presidency, has placed the environment at the heart of its leadership, backed by the Commission and the business community …
Airbus and a group of European airlines issued another warning that the European Commission faces sparking a trade war after extending its emission trading scheme to the global industry. The plane maker had said that China has frozen some jet deals because of the scheme, and spearheaded a new warning …
The International Maritime Organization (IMO) could soon find itself butting heads with Brussels over how best to tackle emissions from international shipping, analysts say, after the UN shipping body was unable to make "tangible progress" in this area at last week's major meeting.
Germany reiterated support on Monday for EU law making all airlines pay for carbon emissions, underlining the bloc's determination not to bow to international pressure to scrap the scheme. The European Union's requirement that all airlines buy carbon allowances to offset flights that use EU airports has stirred threats of …
The European Union's plan to charge airlines for their greenhouse gas emissions would rise dramatically to cost Chinese airlines 18 billion yuan ($2.8 billion) a year by 2030, China's civil aviation head said on Monday. China would continue to push the EU to axe the scheme, which has angered countries …
EU officials said Sunday they will negotiate with international partners angry at what they see as a climate tax on airlines, but refused to change hotly disputed legislation despite fears in Germany. "We have always been open to continuing discussions on the possibility of equivalent measures" outside Europe, Isaac Valero, …
Nepal’s 40,000 biogas plants have been registered with the Clean Development Mechanism of the United Nations Climate Change Convention (UNFCC) for carbon trading. According to the Alternative Energy Promotion Centre (AEPC) under the Ministry of Environment, the executive board of UNFCCC has approved 40,602 biogas plants so far. “Now, biogas …
The head of the United Nations body that oversees civil aviation said on Friday that his agency still plans to have a proposal on measures to address emissions from aviation by the end of 2012, even as critics push for faster change. "I read the press like anyone. I listen …
The price of European Union emissions permits could rally to double their current value by the end of the year if a plan to withhold permits is passed, Portuguese Espirito Santo Investment Bank said on Friday. This could raise power prices and the profitability of nuclear and hydro plants, it …
A growing number of national and regional governments are likely to use voluntary carbon credits to meet mandatory climate targets, a report by U.S. research company Ecosystem Marketplace said on Thursday. The report said about 20 government programs had engaged with the voluntary carbon market, despite doubts by some companies, …
Britain has allocated less than one percent of the 56.7 million European Union carbon permits it expects to issue this year to airlines taking part in the EU Emissions Trading Scheme, the Department of Energy and Climate Change said on Thursday. Around 4.9 million allowances were issued to just three …
China today asked the European Union to take into considerations the serious concerns of the international community over its carbon emissions tax plan for air and shipping services, warning the 27-nation bloc not to complicate the matter. “China, like many other countries, is firmly opposed to the EU’s unilateral legislation …
Britain has started allocating free European Union carbon permits to airlines taking part in the bloc's emissions trading scheme, the Department of Energy and Climate Change said on Thursday. The airlines were given the EU aviation allowances (EUAAs), because they have completed the required steps to open registry accounts, DECC …
European Union industrial carbon emissions rose by up to 2.4 percent last year, analysts surveyed by Reuters estimated, below the market cap and keeping the 27-nation bloc on track to meet its 2020 climate target. The EU's emissions trading scheme (ETS) limits the emissions of over 12,000 installations, including power …
A senior European Union parliamentary committee backed a proposal on Tuesday to allow the EU Commission to cut the supply of carbon permits in the bloc's emissions trading scheme in a bid to prop up low prices. The industry committee of the EU Parliament passed an amendment to the Energy …
