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Carbon emissions

South Korea and New Zealand Launch Study to Investigate ETS Linkage

8th May 2012

Working together, the Korean Legislation Research Institute and New Zealand’s Ministry for the Environment have begun a joint study to investigate the possibility of linking the two nation’s emissions trading schemes.

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South Korea Passes Carbon Cap-and-Trade Bill

4th May 2012

Yesterday the South Korean National Assembly passed a Bill to establish a national emissions trading scheme by January 2015.

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EU Parliamentary Committee Agrees EU ETS Set-aside

6th Mar 2012 by Madlen King

A senior parliamentary committee of MEPs met last week and agreed an amendment to the Energy Efficiency Directive that would allow the European Commission to cut the supply of permits in the EUs Emissions Trading Scheme. The amendment, allowing the Commission to take measures by the end of the year, will address the current market [...]

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Clean Energy Standard Trading Mechanism Proposed for the US

5th Mar 2012 by Madlen King

Jeff Bingaman, a senior US senator and the Democratic Chair of the Senate Energy Committee, last week proposed the Clean Energy Standard (CES). The standard includes mechanisms to force utility companies to purchase power from clean sources and create a trading mechanism for such credits. The standard will assist with Obama’s goal to generate 80 [...]

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Carbon trading subject to ‘changing international winds’ says climate change expert Robert Hansor

3rd Nov 2011 by JChowdhury

Carbon trading subject to ‘changing international winds’ says climate change expert Robert Hansor The first day of Carbon Forum Asia (CFA) coincided with Certified Emission Reduction (CER) prices reaching a new low in Europe – the key driver for the Clean Development Mechanism (CDM) in Asia and the area of most interest to participants. But whilst the short term outlook is currently challenging, conversations in the conference hall [...]

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Carbon Reduction Commitment (CRC) Energy Efficiency Scheme

27th Oct 2011 by JChowdhury

Judith Turner, EMS Technical Manager at Lloyd’s Register Quality Assurance (LRQA) talks to Business Channel TV about the CRC and what it means for UK business.

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Carbon Forum Asia 2011

Event: 2nd Nov 2011 – 3rd Nov 2011 by Madlen King

CARBON FORUM ASIA is Asia Pacific’s leading annual Trade Fair & Conference for Climate and Carbon Finance, Emissions Trading and Low Carbon Technologies. With its finger on the pulse of current regional and global market developments, it is the platform of choice for Carbon Market professionals and governments to discuss key trends and issues that [...]

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UK Government Consult on Mandatory Reporting of GHG Emissions

17th May 2011 by Madlen King

Last week the UK Government’s Department for the Environment, Food and Rural Affairs (DEFRA) opened a public consultation on the implementation of regulations within the UK for the mandatory reporting of greenhouse gas (GHG) emissions within the director’s report. Section 85 of the Climate Change Act 2008 requires the Government to make regulations, under the [...]

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IPCC Special Report on Renewable Energy Sources and Climate Change Mitigation

12th May 2011 by Madlen King

The Intergovernmental Panel on Climate Change (IPCC) yesterday released their Special Report on Renewable Energy Sources and Climate Change Mitigation. A summary for policymakers is available here.  The report concludes that 80 percent of the world‘s energy supply could be met by renewables by the middle of this century if it is backed by the [...]

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NY Metropolitan Transportation Authority reduces CO2

27th Apr 2011

On April 22, 2011 the New York Metropolitan Transportation Authority (MTA) announced that its operations reduced carbon dioxide and other greenhouse gas emissions by 16.6 million metric tons in 2009. At the same time, the MTA reduced its own carbon output by 2.5% per passenger mile traveled or 1% in aggregate over the prior year, [...]

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