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Last updated on April 17, 2014 at 21:23 EDT

Latest European Union Emission Trading Scheme Stories

2008-07-31 12:00:59

Phase I of the EU Emissions Trading Scheme delivered increased electricity prices, sub-optimal carbon abatement and windfall profits for power generators. The potential for more abuse of the mechanism is extremely high in phase II. However, relief is expected in the form of European carbon allowance auctions. The allocation of free emission allowances in phase I of the EU Emissions Trading Scheme (ETS) exerted upward pressures on the price of wholesale electricity, as power generators...

2008-07-15 12:00:54

WORCESTER, MA, July 15 /PRNewswire-FirstCall/ -- World Energy Solutions, Inc. (TSX: XWE), a leading operator of online exchanges for energy and environmental commodities, today announced that Jonathan Harvey, VP, Government will present a session on The Art and Science of Implementing Greenhouse Gas Allowance Auctions at this week's Carbon Counting 2008 (http://www.frallc.com/conference.aspx?ccode=B616) Conference in Chicago. Session Details - Date: Tuesday, July 15, 2008 -...

2006-05-20 11:02:21

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...

2006-05-15 02:55:05

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...

2006-05-15 02:35:00

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 would...

2006-05-12 13:48:20

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...

2006-05-12 12:42:14

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...

2006-05-12 09:13:22

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...

2006-05-12 08:44:55

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...

2006-04-17 06:34:10

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...