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Latest European Union Emission Trading Scheme Stories

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...

2006-04-06 05:26:11

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...

2006-03-20 23:15:05

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...

2006-02-22 06:56:36

BRUSSELS (Reuters) - The European Commission on Wednesday rejected plans by Britain to increase the level of pollution heavy industry can pump out under a European Union trading scheme. The Commission said it rejected the revised plan on procedural grounds. "The European Commission today took the decision to reject the UK request for additional CO2 emission allowances to UK companies for the 2005-07 trading period," it said. The rejection was widely expected, since the Commission...

2006-02-08 13:55:00

By Tom Doggett WASHINGTON (Reuters) - The United States must take steps now to fight global warming, including working with other nations to reduce greenhouse gas emissions, a major U.S. think tank said on Wednesday. The Pew Center for Global Climate Change said in a report that America has waited too long to seriously tackle the climate change problem and spelled out 15 steps the United States could take to reduce emissions it spews as the world's biggest energy consumer and producer of...

2005-11-23 06:15:00

BRUSSELS (Reuters) - Britain will be allowed to propose more lenient limits on pollution from industry after a top European Union court ruled on Wednesday in its favor in a legal battle with the European Commission. Britain challenged the Commission after it blocked a move by the UK to allow more carbon dioxide (CO2) emissions from its power stations and factories than originally proposed. The proposals are part of an EU-wide emissions trading scheme designed to cut pollution and meet the...

2005-11-09 08:18:46

FRANKFURT, Nov 9 (Reuters ) - The World Wildlife Fund (WWF) said on Wednesday that quotas restricting industrial carbon dioxide emissions in the European Union between 2008 and 2012 should be tightened to bring more effective climate protection. "WWF demands stricter caps for CO2 emissions and stronger incentives for the second phase of national allocation plans (NAPs) which have to be decided upon in 2006," it said in a study issued in Berlin. "Only tight limits and well-designed...

2005-09-29 11:52:33

By Jeff Mason BRUSSELS (Reuters) - International airlines and the United States are giving a cool reception to the European Union's plans to bring aviation into its greenhouse gas emissions trading scheme. The European Commission recommended on Tuesday that all carriers that take off from an EU airport, regardless of nationality, should be included in the scheme in an effort to curb increasing emissions of gases that cause global warming. But the International Air Transport...

2005-07-25 09:49:56

By Jeff Mason BRUSSELS (Reuters) - Passenger demand for air transport will grow at a "slightly slower rate" if aviation is included in the European Union's emissions trading scheme, a document by the EU executive Commission showed on Monday. Airlines would pass on the cost of being part of the trading scheme to consumers, who would see ticket prices rise by up to 9 euros ($10.86) for a return flight, the document said. The EU has been looking at ways to reduce airline pollution in the...


Word of the Day
Cthulhu
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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