Britain could cut carbon emissions to zero in 20 years but only if people accept a virtual end to air travel and stop using fuel-driven cars, a report by the Centre for Alternative Technology argues Meat would also need to disappear off many menus and an “armada” of wind turbines built around the coast to … Read More
emission trading
EU: A More “Robust” ETS Scheme Needed
European environment ministers have agreed to revise the EU’s CO2 emissions-trading (ETS) scheme with the aim of clamping down on weak caps proposed by member states and ensuring that all significant emitters pay the right price for their pollution. Late last month EU ministers called for a full review of the ETS scheme, which has … Read More
Europe’s ETS Scheme Branded A Failure
Most critics of emission trading schemes argue that they do not solve the problem. Pollution permits allow people to do just that, pollute. Well figures from the EU show what a sham Europe’s emission trading scheme (ETS) is. New figures show that the ETS scheme failed to deliver the promised curbs in pollution and that … Read More
Open Skies Plan Will Worsen Climate Change
Plans to be agreed today at the EU to open up transatlantic aviation and generate an extra 26 million air passengers over five years will undermine Europe’s push to combat climate change, campaigners have warned. The “open skies” agreement is being hailed as a revolution by officials who say it will deliver more competition and … Read More
China Plans Carbon-Trading Scheme
China, which is poised to pass the US as the world’s largest carbon dioxide emitter, is poised to set up the country’s first carbon-trading scheme. The Beijing-based exchange, will work alongside 12 brokerages in western China, and will cost $1.7 million over three years.
Norway to Offset Flight Emissions
Norway, which is the world’s third largest oil exporter, has announced plans to offset the greenhouse gases produced by public employees when they fly abroad by buying emissions credits. The move was announced by Norway’s prime minister Jens Stoltenberg. “The government has decided that when state employees travel by plane abroad, we will buy quotas … Read More
Airlines Will Make ÂŁ2.7 Bn From EU ETS Scheme
In Brussels today the EU’s environment commissioner will propose including airlines in the Emissions Trading Scheme (ETS), which aims to tackle climate change. However, the aviation industry could make up to ÂŁ2.7 billion profits through the ETS Scheme, according to report by one of Britain’s leading think tanks, the Institute for Public Policy Research (IPPR).
Carbon “Credit Cards” for UK
Every UK citizen could be issued with a carbon “credit card” under a carbon rationing scheme that could come into operation within five years, according to a government feasibility study. Cards would be used every time someone bought petrol, paid an energy utility bill or booked an airline ticket.
UK Firms Face Compulsory Carbon Quotas
Something of British feel about the blog today. Struggling to suddenly promote his green credentials in the wake of the Stern report, UK Chancellor, Gordon Brown will outline plans for a carbon trading scheme, more expensive petrol and doubling of flight duty in his pre-budget report today.
China’s Booming Carbon Market
The Chinese economy is booming in more ways than one. Not only is it buying up huge reserves of oil and gas, but it is also benefiting from the booming global greenhouse gas market. Rather than spending more money to clean up their factories at home, foreign investors are flocking to China to pay energy … Read More