European Parliament Rejects Plan to Boost EU Carbon Market
The BBC News and other news organizations reported that the European Parliament rejected a plan to rescue the EU’s ailing carbon trading market. Members of Parliament voted against a “backloading”...
View ArticleAirline Industry Prefers Global Carbon Offset Scheme
Reuters reported on May 13, 2013 that the global airline industry prefers offsetting carbon emissions through a global carbon offsetting system, instead of an industry-wide cap-and-trade system. The...
View ArticleEU ETS Company Rankings for 2012
On June 4, 2013, Carbon Market Data published the rankings of companies included in the European Union’s emissions trading scheme (EU ETS), following the recent release of verified emissions reports...
View ArticleEuropean Parliament Backs Plan to Boost EU Carbon Price
The European Parliament backed earlier this month a plan to freeze the auctioning of some carbon dioxide (CO2) permits to encourage companies to invest in low-carbon innovation, after it narrowly...
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PetroChina & Longyuan Reach First Chinese Carbon Offset Deal
Reuters reported late last month that state-owned PetroChina had bought 10,000 Chinese carbon offsets from wind power producer Longyuan for 16 yuan ($2.62) each, which is six times higher than...
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Carbon Permits Worth $30 Million Sold In China’s 1st Auction
According to a Bloomberg News article published last month, China’s southern province of Guangdong sold 3 million metric tons of emissions permits for 180 million yuan ($30 million) in its first...
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Global Carbon Markets Value Fell By 38% In 2013
Reuters reported on January 2, 2014 that the value of global carbon markets dropped 38% to $52.9 billion in 2013, due to a decline in prices in the main EU and UN schemes, according to analysts at...
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Value Of Global Carbon Market To Gain 15% In 2014
In the previous post, we shared the findings from an analysis of global carbon markets by Thomson Reuters Point Carbon. The value of global carbon markets dropped 38% to $52.9 billion in 2013, as a...
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EU Aims To Cut Greenhouse Gas Emissions By 40% By 2030
On January 22, 2014, the European Commission presented the new EU framework on climate and energy for 2030. The framework aims to drive continued progress towards a low-carbon economy and competitive...
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EU Carbon Market May Face Shortage Of Carbon Permits
A February 14, 2014 Bloomberg article says efforts by the European Union (EU) to address the surplus of carbon permits in the EU Emissions Trading Scheme may be increasing the chances of a shortage....
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