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 …
Why doesn’t carbon trading work? The basic argument for carbon trade is that since global warming is a worldwide phenomenon it does not matter where the emissions are reduced. But it creates pollution hotspots. If the larger energy crisis underlying the problem is to be addressed, the entire energy system—how …
INDIA will be unveiling its own cap and trade mechanism to deal with air pollution on February 1. The proposed market-based mechanism seeks to introduce a system of self-regulation among industrial units by putting a price on emission of pollutants. A price for emissions, makes it costly to pollute, therefore …
The European Union will re-open its emissions trading scheme step by step as security improves, after a possibly concerted theft by hackers of carbon permits worth up to 30 million euros ($40.5 million), EU officials said. The EU on Wednesday imposed a week-long freeze on spot trade in its carbon …
Funding a response to climate change after Kyoto will require another look at both burden sharing and funding mechanisms. After reviewing the risks of cap-and-trade with carbon offsets and the advantages of a harmonized carbon tax, a method is proposed to utilize a harmonized carbon tax to finance a global …
Australia's government intends to wrap up an agreement next year on pricing carbon, Prime Minister Julia Gillard said Monday, testing the strength of her minority rule and pressing the accelerator on Canberra's climate change fight. As world climate talks got underway in Mexico, Gillard said the government would bring forward …
A ballot initiative to suspend a milestone California law curbing greenhouse gas emissions is drawing a wave of contributions from out-of-state oil companies, raising concerns among conservationists as it emerges as a test of public support for potentially costly environmental measures during tough economic times. Charles and David Koch, the …
Priscilla Jebaraj NEW DELHI: The Central government is attempting to drive the States' fight against pollution with a series of carrot-and-stick measures, many announced on Tuesday at a meeting of Pollution Control Boards. While money will be doled out to States which take environmental concerns seriously, defaulting States could find …
As China surges ahead with renewable energy, all forward motion seems to have stalled in the US Senate. Two weeks ago, with the November elections in mind and the Republican minority in no mood to compromise, the Senate's Democratic leaders admitted that they would not have the votes this year …
In recent years, businesses, local governments and individuals have set goals for reducing their emissions of greenhouse gases. In addition to directly reducing their own emissions, many of these entities have purchased carbon offsets to help achieve their mitigation goals. Yet establishing offset quality can be difficult, due to issues …
The Minister released a discussion paper on an emissions trading scheme for air pollutants in India. The paper has been prepared by experts from J-PAL, MIT and Harvard University at the request of the Ministry. This paper connects experience with emissions trading, from programs like the U.S. Rain program, to …
New Delhi: The finance ministry has mined data of Indian companies that have not been paying tax on the income earned by selling their carbon credits or certified emission reductions (CER). These entities are likely to face penal action once a case of tax evasion is established against them. They …
Nayanima Basu / New Delhi June 14, 2010, 0:47 IST Though the Doha Round of global trade talks is unlikely to be over this year, leading developing countries like India, China and Brazil are apprehensive of the renewed emphasis on environment and climate change issues in the form of carbon …
This analysis provides an assessment of net reductions in greenhouse gas (GHG) emissions relative to total U.S. emissions that could be achieved by pollution reduction proposals currently under consideration in the 111th Congress. To summarize, this analysis depicts reductions within the cap and any additional measures that will achieve emissions …
The two primary motivations for energy policy in the United States are promoting energy security and combating climate change. Because the electricity sector accounts for roughly 40 percent of national carbon dioxide (CO2) emissions, renewable sources of electricity could be particularly important for addressing this latter concern about climate change. …
James Kanter As cap and trade falls short of its goal of reducing greenhouse-gas emissions. Two disparate groups, one representing businesses and one regulators, plan to propose new steps this week to revive Europe's carbon-trading market, a system that even supporters admit has fallen short of its goal of reducing …
Vishwanath Kulkarni The recently introduced climate Bill in the US, which seeks to curb emissions by setting up a cap-and-trade mechanism, if passed, will strengthen the post-2012 carbon trade and could open up a new market for the Indian clean development mechanism (CDM) project developers. The American Power Act Bill …
This recent study analyses the economic and political consequences of introducing a tax on the carbon content of imported goods at EU borders and whether such a tax would be compatible with WTO rules. This study analyses the economic and political consequences of introducing a tax on the carbon content …
