Archive for the 'emission trading' Category



Another day and another disaster looms over climate. Lake Mead, the vast reservoir for the Colorado River water that sustains the fast-growing cities of Phoenix and Las Vegas, could lose water faster than previously thought and run dry within 13 years, according to a new study by scientists
The lake, located in Nevada and Arizona, […]

The President of the European Commission Jose Manuel Barroso is urging companies to treat the fight against climate change as a business opportunity and not a burden.
His call comes ahead of Wednesday’s unveiling in Brussels of tough new greenhouse gas emission limits, which are necessary to reduce greenhouse gas emissions by at least 20% below […]

The scare-mongering over climate continues. Instead of seeing climate change as a business opportunity, employers and trade unions see it as a threat.
The European Trade Union Confederation is warning that to 50,000 steelworkers’ jobs could go if their industry moves to areas with lower costs for polluters. And lobby group BusinessEurope says companies will lose […]

The EU has caved in to another powerful industry. EU ministers have finally agreed to impose carbon emissions quotas on airlines in an attempt to fight climate change.
However, the start date for the EU emissions trading scheme will be delayed to 2012, a year later than MEPs were asking for. The scheme also faces legal […]

Oh the irony. Airlines stand to make billions of pounds in “windfall profits” from an emissions trading scheme that was supposed to make them pay for the environmental damage they cause.
A UK government report argues the airlines will take advantage of the scheme to raise fares substantially, even though their costs will hardly change.





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