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Latest European Union Emission Trading Scheme Stories

2008-08-18 06:00:28

AMSTERDAM, August 18 /PRNewswire/ -- SANE (Sustainable Aviation Network Europe) organises on 1 September the conference "Sustainable Aviation: Sound and Climate in Perspective' in Amsterdam, The Netherlands. International guests speak about climate measures, like the proposal for the inclusion of aviation in the European Emissions Trading Scheme, about biofuels and also about sound annoyance. High level representatives from both EU and US airlines and European policymakers will share their...

2008-08-05 12:00:59

The bureaucrats that run the European Union's day-to-day business aren't known for taking risks. Yet back in 2005, when they devised the EU Greenhouse Gas Emission Trading Scheme [EU ETS], these pencil pushers gambled that a cap-and-trade scheme would help cut the EU's carbon dioxide emissions. Now, three years on, the environmental benefits from the EU ETS remain unclear: The continent's CO2 output actually rose 1.1% last year. Moreover, its impact on the European economy is far from...

2008-07-31 12:00:59

The recent dip in crude oil prices, firming coal prices and the sustained hot weather front across Europe have all exerted negative pressures on carbon prices. These transitory conditions bear no resemblance to the lack of meaningful price tension seen in phase I of the EU ETS, as the markets' longer-term expectation continues to support a major shortfall in phase II allocations. Over the summer, power producers switched from gas to coal-fired power (which emits around twice as much carbon...

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...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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