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Latest European Union Emission Trading Scheme Stories

2011-07-27 10:13:00

WASHINGTON, July 27, 2011 /PRNewswire-USNewswire/ -- The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, said today that the illegal European Union (EU) Emissions Trading Scheme (ETS) could cost the U.S. airline industry more than $3 billion through 2020, if the extraterritorial cap-and-trade requirements are implemented as planned next year. "The EU ETS violates international law, including the sovereignty of the United States...

2011-07-20 11:48:00

House Leaders Agree Scheme Is Illegal, Infringes on U.S. Sovereignty WASHINGTON, July 20, 2011 /PRNewswire-USNewswire/ -- The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today commended House leaders for proposing a bill that declares the application of the European Union (EU) Emissions Trading Scheme (ETS) to aviation inconsistent with international law, and directs the Department of Transportation to prohibit U.S. carriers...

2011-07-05 11:52:00

WASHINGTON, July 5, 2011 /PRNewswire-USNewswire/ -- The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today in the European Court of Justice (ECJ), called for the European Union application of an Emissions Trading Scheme (ETS) to be dismissed and declared illegal. The ATA, which brought the action on behalf of all of its members, said in its argument that aviation greenhouse gas (GHG) emissions should be regulated on a global...

2011-04-01 09:34:00

LONDON, April 1, 2011 /PRNewswire/ -- The EU emissions trading system (EU ETS) is still oversupplied, despite emissions rising for the first time since the recession started, fresh data shows. Companies under the EU ETS pumped out 1,757m tonnes of CO2 in 2010, up around 3% from 2009 but still lower than the total supply of allowances, created by the EU for that year. The oversupply would have triggered a price crash towards zero if it wasn't for the fact that companies can bank...

2011-02-01 01:00:00

BERLIN, Feb. 1, 2011 /PRNewswire-USNewswire/ -- Climate Policy Initiative (CPI) and Climate Strategies announced the results of a study on the impact of the EU ETS on low-carbon investment. EU ETS captures companies' attention, contributes to clarity for strategic decision-making, and is part of the enabling environment for low-carbon investments. The study suggests improvements such as increasing stringency, limiting CDM use, changes in international financial reporting standards, and...

2010-11-03 09:35:00

PARIS and LONDON, November 3, 2010 /PRNewswire/ -- - VerifAvia is Now Approved as an Aviation EU ETS Verifier in 20 European Countries VerifAvia (UK) Ltd announces that it has received ISO14065:2007 accreditation by the United Kingdom Accreditation Service (UKAS) to provide greenhouse gas (GHG) verification for the aviation sector under the EU Emission Trading Scheme (EU ETS). The ISO14065:2007 is an international standard that specifies the principles and the requirements...

2010-10-11 14:01:00

ATA Expresses Deep Disappointment in Continued European Unilateralism WASHINGTON, Oct. 11 /PRNewswire-USNewswire/ -- The Air Transport Association of America (ATA), the industry trade organization representing the leading U.S. airlines, today issued a statement applauding the International Civil Aviation Organization (ICAO) adoption of a new set of provisions in its comprehensive plan for further addressing greenhouse gas emissions from international aviation. Included in an Assembly...

2010-08-31 10:08:00

PARIS and LONDON, August 31, 2010 /PRNewswire/ -- - VerifAvia is Also Approved as an Aviation Verifier in Luxembourg and in Wallonia and is on Track for Approval by Most EU Member States Paris-based VerifAvia SARL, an EU Emission Trading Scheme (EU ETS) verification body dedicated to the aviation sector, announces today that it is the first verification body to be approved by the French Civil Aviation Authority (DGAC), the Competent Authority of France. VerifAvia was...

2010-08-20 10:34:00

LONDON and WASHINGTON, Aug. 20 /PRNewswire-USNewswire/ -- In a series of unprecedented moves, the Executive Board of the UN Clean Development Mechanism (CDM) is halting issuance of carbon credits from the destruction of HFC-23 pending a comprehensive investigation to ensure the projects do not result in fake emissions offsets. Certified Emissions Reduction Units (CERs) for HFC-23 destruction account for 51% of the almost 430 million CDM credits issued to date and have been extensively...

2010-07-23 13:48:14

A study by the Basque Center for Climate Change (BC3) has analysed the expected economic impact in Spain of the reduction of greenhouse gases (GHGs) set by the Kyoto Protocol for the period 2008-2012 and for the phase afterwards or post-Kyoto phase. In addition, the services sector will come out on top in comparison to sectors such as industrial or energy sectors. "CO2 restriction policies in Spain have an impact on the economy, in other words, making it lean more towards an economy of...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'