As governments, private sector leaders and NGOs gather for New York Climate Week this month, one theme is likely to dominate: the urgent need for immediate climate action.
The EU has set a long-term goal of reducing greenhouse gas emissions by 80-95% by 2050. But getting there will be a huge challenge that will require a transformation of our energy system.
The association of power companies working under the 'Magritte Group' umbrella, called on Tuesday (8 December) for carbon pricing, rather than renewable energy targets, to be the main tool for fighting climate change.
Climate experts say the need to agree on a global carbon price to cut pollution and aid clean technologies is a no-brainer, and yet the topic will have no place at the upcoming Paris climate talks.
EXCLUSIVE / France, the UK, the Czech Republic and Slovakia are backing a more targeted approach for heavy industries, at risk of closing down or relocating abroad, due to increased pressure to reduce global warming emissions.
A half dozen heads of state joined forces with leaders of cities and corporations on Monday (19 October) to call for wider adoption of carbon pricing policies ahead of a United Nations climate change summit in Paris in December.
Energy efficiency in aviation is improving too slowly, and the sector is set to miss its climate objectives, a recent study by the International Council on Clean Transport has found. Journal de l'Environnement reports.
Poorer EU countries will be given profits from the sale of carbon emissions allowances to modernise their energy infrastructure, in return for backing a binding 40% greenhouse gas reduction target last October.
Energy intensive industries will continue to receive free carbon emissions allowances, as compensation for the EU’s stricter climate rules, under planned reforms to the EU’s Emissions Trading System (ETS), but fewer will be granted.
The European Parliament’s environment committee will decide on Tuesday (24 February) whether it wants the reformed Emissions Trading Scheme to start applying at the end of 2018 or earlier. A blocking minority of EU member states are pushing for an early start date. EURACTIV Czech Republic reports.
SPECIAL REPORT: The concept of carbon pricing as a tool to combat climate change is broadly accepted by the international community. But at what price, and under what conditions? As the world looks for ways to cut CO2 emissions, many questions remain unanswered. EURACTIV France reports.
On Thursday (22 January) a European Parliament committee, rejected a previous vote to begin carbon market reforms in 2021, clearing the way for another Parliament body next month to back action to prop up the EU Emissions Trading System (ETS).
As EU heads of state prepare to thrash out an agreement on the bloc's 2030 energy and climate change goals at a summit opening in Brussels tomorrow (23 October), energy-intensive industries in Germany have reiterated warnings that a European "solo effort" would come with billions in losses. EURACTIV Germany reports.
EXCLUSIVE: European leaders meeting later this week for an EU summit on energy and climate change will discuss proposals allowing energy-rich nations like France and Germany to transfer 10% of CO2 emissions quotas to member states such as Poland, who are struggling to diversify their energy mix. EURACTIV France reports.
A team of scholars at Paris Dauphine University has proposed an international carbon trading system, whereby countries with the highest average CO2 emissions pay the most. A simple, yet ambitious scheme that hinges upon cooperation from the world's largest emitter, China. EURACTIV France reports.
European business groups are sharply divided over how quickly and aggressively the European Union needs to reform its Emissions Trading System (ETS), a division unlikely to help spur swift changes.
The European Parliament's environment committee on Wednesday (24 September) narrowly upheld plans to give billions of euros worth of carbon allowances to heavy industries for free, in order to help them compete in global markets.
Billions of euros from the sale of EU carbon credits and free emissions allowances, given in exchange for commitments to diversify Poland’s energy mix, will instead be spent on coal and cutting the country’s budget deficit, climate campaigners have said.
European lawmakers will vote next week on whether to force the European Commission to rethink giving billions of euros worth of carbon allowances away for free to heavy industries, after a senior Green member lodged an objection.
Germany has expressed its support for a proposal from the European Commission to reform the EU's emissions trading system, but it urges the EU to pursue more extensive improvements, and to introduce a so-called market stability reserve within the current parliamentary term. EURACTIV Germany reports.
Most of Europe's heavy industries should keep receiving free carbon permits to help them compete in global markets, the European Commission said in new proposals tabled on Monday (5 May).
European manufacturers' lobby IFIEC Europe on Thursday (27 February) launched an attack on the EU's Emissions Trading System (ETS), opposing current reform plans and calling for drastic changes to prevent a flight of investment abroad.
Europe’s depressed carbon markets are to be given an automatic ‘market reserve’ facility allowing at least 100 million carbon allowances – or 12% of the market – to be withheld or released to buoy prices, according to a document set for release on 22 January.