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 …
A link between European Union and Australian cap and trade schemes could inject new life into emissions trading as long as regulators take into account risks such as the impact of market intervention in one region on energy prices in the other. The European Union's executive Commission and Australian government …
The European Union may propose linking the supply of carbon permits with economic performance as a long-term option for the world’s biggest emissions market, a person with knowledge of the matter said. The European Commission, the EU’s regulatory arm, may propose introducing a so-called adjustment mechanism to react to macroeconomic …
Worries are surfacing that the shale gas boom could have a negative impact on the renewable industry according to a report published this week from UK think tank, Chatham House. In an interview with the author, Professor Paul Stevens told edie that questions over the extent to which the thriving …
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 …
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 …
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 …
Up to 1.5 billion euros ($1.83 billion) could be available by the end of this year to fund renewable energy and carbon capture and storage (CCS) projects across the European Union bloc, the European Commission said on Thursday. The funding will be allocated to two to three CCS projects and …
To provides an overall framework for thinking about the construction of carbon markets, we adopt James Der Derian's ‘virtuous war’ theory to develop an argument about carbon as a virtuous commodity. This refers to the close affinity between virtuality and virtue – the technological and the ethical – in the …
Colombia plans to have in place 10 months from now a new system to measure deforestation, which it hopes will drastically improve its ability to establish a national policy to reduce emissions from deforestation (REDD), the country's environmental minister said. Tropical forests cover one-third of the Andean country and according …
Colombia plans to have in place 10 months from now a new system to measure deforestation, which it hopes will drastically improve its ability to establish a national policy to reduce emissions from deforestation (REDD), the country's environmental minister said. Tropical forests cover one-third of the Andean country and according …
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, …
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 …
Japan could cut its greenhouse gas emissions between 20 and 27 percent by 2030 if it relies solely on domestic measures and based on the nation's reliance on nuclear power, projections by the Environment Ministry show. In addition, the estimates indicate the nation will likely have to renege on a …
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 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 …
California on Wednesday released an updated draft of its cap-and-trade regulations that for the first time includes language that would link its carbon market to a similar scheme in the Canadian province of Quebec. The draft language called for the mutual acceptance of compliance instruments like allowances and offset credits …
Europe's economic slump is allowing utilities in some countries to burn increasing amounts of cheap, highly polluting coal for electricity generation and still meet legally binding targets to cut carbon dioxide emissions, Reuters research shows. The EU's carbon scheme, its main tool to fight global warming, caps CO2 emissions on …
The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering broad international participation and significant global CO2 emissions reductions at reasonable cost. This paper evaluate one important component …
New Delhi: Acting tough on the unilateral carbon tax proposed by the European Union for airlines operating to and from the region, India has barred its airlines from submitting any emission data to EU. Without the data, EU will not be able to levy the controversial tax on Indian carriers …
China has embarked on one of the largest endeavours in climate economics ever, to establish a national carbon emission trading system by 2015. As a first step, carbon-trading pilots have been initiated in seven provinces and cities. The success or failure of those experiments will to a large extent determine …