Tag Archives: carbon trading
Airlines Join Climate Exchange Platforms
The aviation industry is commonly thought to contribute two per cent to global man-made carbon emissions each year. On January 1, 2012, the European Union Emissions Trading Scheme (EU ETS) introduced limits on emissions caused by all airlines that operate… more>>
South Korea’s Carbon Trading Scheme Passes Hurdle, Awaits Parliament Vote
South Korea is set to become the third Asia-Pacific nation to impose greenhouse gas limits and to start operating a carbon offsets market. However, these plans for a carbon emission trading scheme have still to pass a major hurdle. After… more>>
Romania’s Chance to Restore Carbon Emissions Trading from March 2012
According to Laszlo Borbely, Romania’s Minister of Environment and Forestry, the country has taken significant steps towards resolving irregularities in its greenhouse gas emissions inventoryand trading in Romanian carbon credits could be restored in March 2012. Romania was considered to… more>>
The Effects of Strengthening the EU Emissions Trading System on Low-Carbon Investments
On 28 February 2012, the Committee on Industry, Research and Energy (ITRE) of the European Parliament approved a draft EU directive having amongst its main purposes the saving of energy consumption and reduction of CO2 emissions. The European Parliament also… more>>
China’s Pioneering Carbon Exchange Scheme Faces Challenges
Author: Deyana Ivanova; 12/March/2012 In 2011, the Chinese government announced plans to start preparations for carbon emission exchange programmes in seven cities across China and to open them by 2013. One of the first Chinese regulatory carbon exchange schemes is… more>>
Carbon Trading in a Post-Kyoto World
Author: Frank Quin; 07/March/2012 On 31 December this year (2012), the first commitment period under the Kyoto Protocol comes to an end. In point of fact, it’s the first and only commitment period. Despite initial optimism, built into the language… more>>
Ghanaian Carbon Credit Project Attracts Major Corporate Buyers
Bloomberg this week reported that Barclays and Jaguar Land Rover are among the high-profile carbon credit buyers in an innovative offset project based in Ghana. The corporations purchased offset units from ClimateCare, a UK-based emission reduction project development company, at… more>>
A Potential Setback for the Green Climate Fund
Author: Tsveta Zikolova; 05/Dec/2011 It seems that it is not the environment, but money that talks at the COP 17 in Durban. Therefore, topics like the Green Climate Fund, whose fate is to be decided in South Africa, are highly… more>>
How Carbon Trading Can Help Struggling Economies
Author: Tonka Dobreva; 28/Nov/2011 Critics of compliance emission trading schemes have been loud and clear in their skepticism about the efficiency of these emission reduction programs, proclaiming them burden-imposing on local economies especially in times of global financial woes. Six… more>>
