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Tag: cap and trade

European companies 'using emissions trading to subsidise overseas rivals' - 21 November 2012 - News

Some of the companies that have complained loudest about the EU's environmental measures are using the EU's Emissions Trading System (ETS) to give money to rivals in other countries instead of cutting their own greenhouse gas emissions, it has emerged.

Korea warns carbon trading advocates of 'negative lobbying and blackmail' - 20 November 2012 - News

Carbon trading schemes are fast sprouting across the planet as a market-based way of addressing rising greenhouse gas emissions. But advocates should be prepared for powerful business backlashes, Chang-beom Kim, the South Korean ambassador to the EU, warned a Brussels round table of business leaders and envoys on 19 November.

An EU cap-and-trade scheme for water pollution? Greens say no - 05 November 2012 - News

Environmentalists who have gone to court in a bid to kill a US water pollution trading system say it would be a mistake for Europeans to consider a similar cap-and-trade scheme to reduce fertiliser and other agricultural emissions.

Brussels in disarray over energy directive - 16 June 2011 - News

Peter Vis, the chief of staff of EU Climate Commissioner Connie Hedegaard, has broken with protocol to warn that the European Commission's draft Energy Efficiency Directive could "undermine" the bloc's carbon market.

Paris and Berlin blink in aviation carbon row - 07 June 2011 - News

Germany and France have both complained to Brussels about an escalating row over bringing foreign airlines into the EU's cap-and-trade scheme. Diplomats say Berlin will not rule out a challenge to the flagship EU legislation involved.

Europe, California discuss harmonised carbon market - 06 April 2011 - News

Carbon markets in Europe and California could soon be working in synch, after a meeting between EU Climate Commissioner Connie Hedegaard and California Governor Jerry Brown on Tuesday (April 5).

Great carbon theft may have netted €28m of permits - 21 January 2011 - News

Up to two million European Union carbon allowances (EUAs) worth as much as €14 a tonne may have been stolen from registries across the European Union in the biggest ever fraud aimed at the EU's Emissions Trading Scheme (ETS).

Cancún summit delegates battle clock for climate deal - 10 December 2010 - News

Delegates from 193 nations are struggling to strike a deal on steps to fight global warming before the UN Cancún climate conference's scheduled deadline of Friday 10 December. If they fail, it will herald a damaging setback for the multilateral process after the Copenhagen summit ended in disarray last year.

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