Cap And Trade

  • UK calls for major changes to EU’s “cap and trade” emissions system

    … (LEXEGESE) - The UK is calling for major reforms to improve the emissions “cap and trade” system put in place by the European Union since 2005 to tackle climate change. The EU Emission Trading System (ETS) gives companies from heavy industries and the power sector flexibility to decide whether to invest in carbon abatement or to purchase…

    Dr. Peter Nagel/ LEXEGESE- 29 Leser -

  • Without transparency, Europe's carbon market reform will fail

    … as to discourage innovation, and a price ceiling to cap costs for industries covered by the scheme. This sounds straightforward but it is difficult to set appropriate price thresholds. The price ceiling, in particular, might well be set to protect against only politically unacceptable high prices. Others, including the European Commission, support…

    Dr. Peter Nagel/ LEXEGESE- 40 Leser -
  • Int'l Press Review: EU plan to cut supply of carbon permits passes into law

    …(Reuters) - A plan to prop up EU carbon prices was published in the official journal of the European Union on Wednesday, enacting into law the so-called backloading measure that keeps on track the European Commission's aim to allow the withdrawal of a maximum 400 million permits this year…

    LEXEGESE- 6 Leser -
  • Firm Competitiveness and the European Union Emissions Trading Scheme

    …● Hei Sing (Ron) Chan (University of Maryland), Prof. Shanjun Li (Cornell University), Fan Zhang (World Bank) ● The European Union Emissions Trading Scheme is the first international cap-and-trade program for carbon dioxide and the largest carbon pricing regime in the world. A significant concern over the Emissions Trading Scheme has been…

    LEXEGESE- 6 Leser -
  • Statement on recent developments in the European carbon market

    …● by Connie Hedegaard, European Commissioner for Climate Action ● On a day where the carbon price at some point went below €3 it must be clear to all that when the Commission warned that the ETS price could drop dramatically it was not a false warning but a real possibility. This is not the time to put the Commission's back-loading proposal…

    LEXEGESE- 23 Leser -
  • The European Commission finally presents options to reform the European carbon market

    …(LEXEGESE) - According to the European Commission, the surplus of emission allowances has primarily built up because the economic crisis has reduced industrial emissions of greenhouse gases by more than anticipated, leading in turn to lower demand for allowances from businesses. The surplus is expected to continue in the third phase of the system…

    LEXEGESE- 15 Leser -

  • Int'l Press Review: Independent supervision urged of carbon market

    …(China Daily) - A climate change organization on Monday suggested Chinese policymakers establish a national regulatory commission for the country's fledging carbon market, noting that current plans call for setting up a national market within the decade.…

    LEXEGESE- 8 Leser -
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