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The European Commission has drawn up a list of 14 industrial sectors that will be eligible for special state aid to compensate for the increased cost of electricity due to the European Emission Trading System (ETS), according to a draft paper seen by EurActiv. More »
There are many hazardous consequences due to the presence of greenhouse gases in the earth's atmosphere. Some of these are ozone layer depletion, climate change, global warming and a rise in
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Businesses that exceed their allowances of greenhouse gas emissions would be able to buy excess allowances from companies across the border.
Tech giant’s ‘carbon fee chargeback’ system will set a toll on carbon use throughout the company and offset it with renewable energy projects
The Gillard government faces a future $3 billion black hole in its carbon tax revenue, with Treasury bucking economists' predictions and counting on a $29 international carbon price in 2015-16.
The South Korean government has passed a law introducing a national carbon trading scheme by 2015
Two Government ministers are visiting Marlborough on Friday to celebrate the purchase of a forest to be used as a carbon sink by NZ Carbon Farming.
Australia has confirmed it will link its emerging carbon market with New Zealand's greenhouse emissions trading scheme, after similar assurances to the European Union.The development of transtasman carbon trading has been mooted…
By Nerijus Adomaitis MONGSTAD, Norway (Reuters) – Norway on Monday launched the world's largest facility of its kind to develop carbon capture and storage (CCS), the so-far commercially unproven technology that would allow greenhouse gases from power plants to be buried safely underground.
The carbon market has been damaged by three “whopping falsehoods” that slowed its growth and caused European lawmakers to question their belief in the system, said the retiring head of a carbon market lobby group.
Under a bill passed by the legislature, the country plans to start trading emissions credits by 2015.
Under a bill passed by the legislature, the country plans to start trading emissions credits by 2015.
By Meeyoung Cho SEOUL (Reuters) – South Korea's lawmakers approved a national emissions trading scheme on Wednesday to tackle its growing greenhouse gas emissions, overcoming strong industry opposition and joining a growing number of nations to put a price on carbon. Of the 151 lawmakers who voted, 148 approved the scheme, underscoring bipartisan support for a cap on carbon emissions, in stark …
South Korea's parliament has approved a long-delayed bill to start trading carbon dioxide emissions in 2015, joining the vanguard of countries battling climate change.
South Korean lawmakers approved a national emissions trading scheme on Wednesday to tackle the country's growing greenhouse gas pollution. -Reuters
(Adds details, quotes, changes dateline) * National CO2 pricing scheme starts 2015 * Covers about 60 percent of nation's carbon pollution * Industry worries about rising costs under scheme By Meeyoung Cho SEOUL, May 2 (Reuters) – South Korean lawmakers approved a national emissions trading scheme on Wednesday to tackle the country's growing greenhouse gas pollution, overcoming strong industry …
South Korea approved a cap-and-trade system to cut carbon emissions as President Lee Myung Bak seeks support from factories and power plants in the fastest-growing producer of greenhouse gases among industrialized democracies.
LONDON (Reuters) – Any one-off European Union intervention to clear the massive glut of permits now clogging its emissions trading scheme is likely to lead to a ‘central bank' or other policy tool to manage future imbalances in the world's biggest carbon market. If it does act, the European Commission, the bloc's executive, is cautious about entrenching such a mechanism in the scheme, the bloc's …