About: emission trading scheme

EU carbon prices expected to rise quickly and accelerate energy transition

EU carbon prices could average €35-40 per tonne over 2019-2023, accelerating the switch from coal to gas and questioning the rationale for keeping old coal and lignite power plants running beyond 2021, said a new report by Carbon Tracker released on Tuesday (21 August).

China launches largest carbon market in the world

China launched what will become the world’s largest carbon market on Tuesday (19 December), surpassing the EU’s flagship market mechanism to cap and trade emissions. The scheme is part of a host of major policies China is using to peak its GHGs by 2030.

EU shouldn’t allow Greek violation of environmental legislation

It is no secret that the Public Power Corporation (PPC) heavily influences the Greek government, but the EU institutions should step in to prevent a violation of European environmental legislation, writes Nikos Mantzaris.

Engie boss: ‘Phasing-out coal, as quickly as possible’

Isabelle Kocher, the CEO of Engie, wants to "accelerate" the energy transition. After the COP23 in Bonn, she warns that Europe is "running out of time" and supports both "very high and mandatory" targets for energy savings, and for a carbon price floor.