Latest European Union Emission Trading Scheme Stories
ILLMITZ, Austria (Reuters) - Germany intends to stick with its 2008-2012 carbon dioxide emissions trading plan, despite the recent fall in carbon prices, Germany's environment minister said on Saturday. Carbon prices have fallen dramatically in recent weeks after data showed most companies used fewer CO2 permits in 2005 than they were given by their governments. Germany has already published details of its plan for the 2008-2012 trading period. When asked whether Germany would stick...
By Gerard Wynn BRUSSELS (Reuters) - EU emissions of heat-trapping carbon dioxide in 2005 were 44 million tonnes below a quota of 1.829 billion tonnes under the European Union's carbon trading scheme, the European Commission said on Monday. The figures confirmed a Reuters report on Friday that most EU members undershot their limits for greenhouse gas emissions, suggesting the bloc had been far too generous in handing out permits to pollute. Top polluter Germany moved swiftly to say it...
By Gerard WynnBRUSSELS (Reuters) - EU emissions of heat-trapping carbon dioxide in 2005 were 44 million tonnes below a quota of 1.829 billion tonnes under the European Union's carbon trading scheme, the European Commission said on Monday.The figures confirmed a Reuters report on Friday that most EU members undershot their limits for greenhouse gas emissions, suggesting the bloc had been far too generous in handing out permits to pollute.Top polluter Germany moved swiftly to say it would make...
By Gerard Wynn COLOGNE, Germany (Reuters) - Most EU members undershot their limits for greenhouse gas emissions last year, accidentally leaked data showed on Friday, suggesting the bloc had been far too generous in handing out permits to pollute. The numbers, inadvertently placed on an EU Web site before their scheduled release on Monday, sent the price of credits sliding to their lowest levels for a year on Europe's new market for trading carbon dioxide (CO2) emissions. Prices have...
By Gerard Wynn COLOGNE, Germany (Reuters) - Most EU members undershot their limits for greenhouse gas emissions last year, accidentally leaked data showed on Friday, suggesting the bloc had been far too generous in handing out permits to pollute. The numbers, inadvertently placed on an EU Website before their scheduled release on Monday, sent the price of credits sliding to their lowest levels for a year on Europe's new market for trading carbon dioxide (CO2) emissions. Prices have...
Please read in first paragraph, "Germany fell 25.5 million" instead of "Germany fell 26.3 million." A corrected repetition follows. COLOGNE, Germany (Reuters) - Carbon dioxide emissions from top EU polluter Germany fell 25.5 million tonnes short of levels permitted under the bloc's trading scheme, an EU Web site said on Friday, sending carbon prices to a one-year low. To link to the Web site please click on http://europa.eu.int/comm/environment/ets. The European Union's executive body...
COLOGNE, Germany (Reuters) - Carbon dioxide emissions from top EU polluter Germany fell 26.3 million tonnes short of levels permitted under the bloc's trading scheme, an EU Web site said on Friday, sending carbon prices to a one-year low. To link to the Web site please click on http://europa.eu.int/comm/environment/ets. The European Union's executive body will report on Monday on the first year of the 25-nation bloc's emissions trading scheme, which sets limits on how much CO2...
MADRID (Reuters) - Spain's carbon dioxide emissions rose 47.87 percent between 1990 and 2004, over two percentage points higher than an earlier calculation, the Environment Ministry said on Monday. The higher figure consolidated Spain's position as the worst performer among rich nations in greenhouse gas controls. Under the Kyoto protocol to limit carbon dioxide emissions and curb global warming, Spain is allowed to increase its emissions by only 15 percent between the the base year...
BRUSSELS (Reuters) - European Union regulators said on Thursday they were taking legal action against several EU member states for failing to apply four of the 25-nation bloc's climate change laws. The European Commission sent first warnings to Cyprus, Greece, Luxembourg, Malta and Poland for their failure to link national registration of emission allowances with an EU-wide registration system, it said in a statement. Cyprus, Italy, Malta and Spain also received warnings for failing...
LONDON (Reuters) - Britain cannot ignore recent, international climate change agreements as it struggles to meet its domestic carbon emission targets, a government official told a Reuters conference on climate change and investment. Britain is set to announce this month whether it will meet by 2010 a target to reduce its emissions of heat-trapping carbon dioxide -- commonly blamed for global warming-- by 20 percent from 1990 levels. But since it set that target, the global Kyoto...
