Cap And Trade

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 …

In California, Climate Issues Moved to Fore by Governor

Portraying California as the front line of climate change, Gov. Jerry Brown said Monday that the effects of man-made global warming were devastating the state, drawing a direct link between climate change and both the record-setting drought that has left the state parched and the early-season wildfires that broke out …

Washington State Governor Jay Inslee Unveils Carbon Reduction Plan

Washington Governor Jay Inslee outlined policies on Tuesday to cut greenhouse gas emissions from the state, including a carbon cap-and-trade program, although he will need approval from the state legislature before implementing the measures. Inslee said the new policies were needed to ensure the state met limits set in 2008 …

California senators float post-2020 climate change bill

Two California state senators released a bill on Wednesday that would give regulators the authority to design a plan to meet the state's long-term greenhouse gas reduction goals and improve air quality in the state's poorest communities. The bill is an effort by Democratic senators Fran Pavley and Ricardo Lara …

Pollution Seen Costlier After EU Intervention: Carbon & Climate

Carbon prices are poised to rebound from a three-year slump as European Union member states vote today on a plan to reduce a record glut of pollution permits. The cost of emitting carbon dioxide will jump to 7.75 euros ($10.55) a metric ton by the end of the year, from …

Emissions trading worldwide: International Carbon Action Partnership (ICAP) status report 2014

Emissions trading continues to spread around the world, and 2013 was a record year: in total, nine new emissions trading schemes (ETS) started operation worldwide. Five of these new systems are in China, the world’s largest emitter of greenhouse gases. These Chinese pilot schemes on the metropolitan and provincial levels …

Managing interactions between carbon pricing and existing energy policies

Policies to reduce greenhouse gas emissions are expanding around the world. They are being implemented to deliver countries’ own ambitions to move onto a cleaner development path, and in support of their international climate change commitments. When policymakers are developing their domestic policy packages to drive emissions reductions in the …

U.S. air pollution authority faces Supreme Court tests

The U.S. government's authority to regulate air pollution nationwide, often against the wishes of Republican-leaning states, could face new curbs when the Supreme Court takes on two high-stakes cases in coming months. The cases focus on the broad-ranging power wielded by the Environmental Protection Agency (EPA) under the landmark Clean …

California Emissions Rise in 2012 on Gas-Fired Power Output

Greenhouse-gas emissions from power generators, oil refineries and other plants in California climbed in 2012 as a nuclear plant shutdown and low hydropower supplies increased the state’s reliance on natural gas. Power-plant releases rose 35 percent to 41.6 million metric tons last year, according to data posted today on the …

EU votes to prop up carbon prices on emissions trading system

Carbon market businesses breathed a sigh of relief on Wednesday after the European parliament voted to prop up prices on the EU’s emissions trading system. MEPs voted 344 to 311 in favour of a measure to bolster the system, the EU’s flagship policy to tackle climate change, by temporarily reducing …

Tepid, timid

This is an unusually busy moment in the unhappy history of efforts to curb climate change. In two weeks at the end of June the world’s three biggest polluters unveiled carbon-reducing measures. In China and America these are more ambitious than previous policies. But they fall far short of what …

Mapping carbon pricing initiatives 2013: developments and prospects

The Mapping Carbon Pricing Initiatives report maps existing and emerging carbon pricing initiatives around the world. It does not provide a quantitative, transaction-based analysis of the international carbon market since current market conditions invalidate any attempt to undertake such an analysis. The development of national and subnational carbon pricing initiatives …

US offers modest plan to rekindle climate change talks

A US submission to UN-backed negotiations shows how a scaled-down global climate deal which falls short of a full treaty can be agreed in 2015. Much will depend on the United States, as the world's second biggest carbon emitter whose present administration under Barack Obama will be in place beyond …

China zone sets date for carbon trading start

Shenzhen, a Special Economic Zone designed to promote market policies in China, will start emissions trading on June 17, the first announced start date among the country's regional carbon exchanges. Mayor Qin Xu announced the schedule in an interview with the Shenzhen Daily newspaper. While Beijing and Shanghai may also …

Environmental groups pressure U.N. body for carbon aviation deal

Environmental groups have urged the United States to back a global deal to curb carbon emissions produced by planes, noting that global aviation emits more of the greenhouse gas than all but six of the world's nations. The groups, alarmed at scant progress toward an agreement within a United Nations …

Environmental groups pressure U.N. body for carbon aviation deal

Environmental groups have urged the United States to back a global deal to curb carbon emissions produced by planes, noting that global aviation emits more of the greenhouse gas than all but six of the world's nations. The groups, alarmed at scant progress toward an agreement within a United Nations …

Little unity over California's cap-and-trade program

Businesses and environmentalists remain deeply divided over California's landmark carbon cap-and-trade program, with industry calling it a job-killing nightmare and clean energy proponents saying it has positioned the state as a global leader in tackling climate change. The strong feelings over the policy were on display at a conference last …

Carbon market debate leans towards tighter pollution cap

Hours of debate on reform of the European Union's Emissions Trading Scheme on Friday showed support for tighter annual pollution limits, but hardly any backing for a change to an overall EU 2020 goal on carbon cutting. Both measures would reduce the oversupply of carbon allowances, which pushed the EU …

The impact of corruption on climate change: threatening emissions trading mechanisms?

This bulletin provides an overview of recent discussions about the impact of corruption on environmental governance, with a focus on emissions trading. It reviews new definitions and the latest corruption assessment methodologies in order to emphasise the broader challenges faced by GHG trading mechanisms and climate finance.

Climate change mitigation policies: opportunities and challenges for exporters from low-income countries

This working paper explores the potential new trade opportunities and challenges that climate change mitigation policies adopted primarily in developed countries may create for exporters in Low Income Countries (LICs). It forms part of a larger program of work being undertaken at ODI to assess the effect of climate change …

More Americans convinced of climate change, poll finds

Americans are increasingly convinced that the planet's climate is changing and show more support for regulating greenhouse gas emissions, finds a Duke University online survey released Thursday. The share of Americans who say climate change is occurring — 50% say definitely and 34% say probably — has rebounded, reaching what …

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