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 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.
The International Maritime Organization (IMO) is making little headway on market-based measures to curb carbon dioxide emissions from international shipping, putting it on a policy collision course with the European Union, observers said. A committee of the 170-member United Nations shipping body was unable to make "tangible progress" after a …
Global airlines called on Sunday for a U.N.-brokered deal to prevent a row over aviation emissions between China and the European Union spilling into a damaging trade war. The call by the head of the International Air Transport Association (IATA) comes amid signs that the EU may be willing to …
British Airways, Qantas and other airlines are calling on governments to find a swift resolution to a political dispute over the European Union's carbon scheme, because the deadlock may create competitive distortions. Since the start of 2012, EU law obliges all airlines using EU airports to be included in the …
Report Also Breaches Firewall Between Rich & Poor. A high-profile panel of the United Nation Secretary General (UNSG) on Global Sustainability has recommended that the world adopt sustainable development targets. The move has been opposed by India and several other developing countries as creating a backdoor for caps on emissions …
The World Bank's carbon finance initiatives will likely be needed for at least five years, as the United Nations struggles to create a self-sufficient, international carbon market, the manager of the bank's carbon finance unit told Reuters. Negotiators at December's U.N. climate talks in South Africa agreed to extend the …
Adjusting to shifts in the economy, states in the cap-and-trade system known as the Regional Greenhouse Gas Initiative have slashed the number of allowances that electric power companies can buy to offset their emissions. The decision, made last week, was intended to shore up the pioneering program as it undergoes …
We estimate and map the impacts that alternative national and subnational economic incentive structures for reducing emissions from deforestation (REDD+) in Indonesia would have had on greenhouse gas emissions and national and local revenue if they had been in place from 2000 to 2005. The impact of carbon payments on …
2012 started with some good news. On Sunday, the European Union began charging all airlines flying into and out of Europe for their carbon emissions. Covering a third of all global flights, this new scheme is one of the widest-reaching measures adopted lately by any country or regional bloc to …
China's airlines will refuse to pay any charges under the European Union's new carbon trading scheme, while other Asia Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers. The EU's Emissions Trading Scheme (ETS) was launched in 2005 as one of …
Human activities produce large amounts of greenhouse gases (GHGs), primarily carbon dioxide (CO2), and thus contribute to global warming. The use of fossil fuels is the primary source of CO2 emissions, but the removal of trees from forested land has also contributed. Mature forests, having absorbed CO2 from the atmosphere …
Global warming caused by accumulation of emissions of greenhouse gases (GHGs) is a public bad, addressing which requires collective action by all the countries of the world. Under the United Nations Convention on Climate Change (UNFCCC), most countries have negotiated the Kyoto Protocol for GHG emissions control to stabilize climate …
Successful deployment of carbon capture and storage (CCS) is critically dependent on comprehensive policy support. While policy plays an important role in the deployment of many low-carbon technologies, it is especially crucial for CCS. This is because, in contrast to renewable energy or applications of energy efficiency, CCS generates no …
Beijing criticized a decision by Europe's highest court to allow airlines to be charged for carbon emissions on flights to and from the European Union, with state media warning on Thursday it could spark a trade spat and the foreign ministry urging talks. "This is a trade barrier in the …
Scientific evidence suggests that increasing amounts of carbon in the atmosphere are causing climate change that will result in global warming, sea -level rise and more extreme weather events. In response to anthropogenic climate change, market-based mechanisms have been proposed to mitigate these rising carbon dioxide emissions. One of these …
European Union carbon permits and U.N.-backed credits collapsed to record lows on Thursday, extending this week's sharp price slide as fears of a slowing economy sapped demand in the markets that are heavily supplied with emissions units. It was also a signal that market participants are losing confidence in the …
With the Kyoto Protocol unlikely to produce a new set of targets, Carbon Forum Asia 2011 which concluded in Singapore last week, released IETA’s Greenhouse Gas Market Report for the first time in Asia Pacific, lending credence to the region’s increasing importance in the global emissions trading market. President of …
Cutting carbon dioxide emissions seems more difficult than ever as global carbon markets have stalled after five years of consecutive growth. The World Bank has given the sombre note, but said the global market had already touched $142 billion last year, a long way from the initial year of 2005. …
California regulators on Thursday approved final regulations for a carbon market that is one of the biggest U.S. responses to climate change. The state believes the market for greenhouse gases, which starts in 2013, will let it address global warming in a low-cost way and become the center of alternative …
