• EU ETS - Free allocation of allowances in 2013

    …(European Commission) - Free allowances to industrial installations participating in the EU ETS are distributed by Member States by the end of February each year. 2013 marks the first year that this process is governed by harmonised benchmark-based rules. The ETS Directive mandates the European Commission to scrutinise and ensure the correct…

    LEXEGESE- 16 Leser -
  • Statement on recent developments in the European carbon market

    … on the backburner. On the contrary this should be the final wake-up call both to governments and to the European Parliament. Few would disagree that the EU Emissions Trading System - a market-based cap-and-trade system - is the most cost-efficient tool in EU climate politics. If in doubt look at all the big economies now following the EU example…

    LEXEGESE- 23 Leser -
  • Int'l Press Review: Germany May Abstain in EU Carbon Vote as Ministers Clash

    …(Bloomberg) - Germany’s economy and environment ministers are at odds over whether to back a European Union plan to curb oversupply of carbon permits, raising uncertainty over the fate of the measure aimed at supporting prices in the world’s biggest emission market…

    LEXEGESE- 72 Leser -
  • Int'l Press Review: Kazakhstan Will Launch Emissions Trading System In 2013

    …(Clean Technica) - Following in the footsteps of the European Union, China, South Korea, Australia, New Zealand, California, Thailand, and Vietnam; the former Soviet republic will institute a greenhouse gas emissions trading system on businesses emitting more than 20,000 tons of CO2 annually, starting January 1, 2013…

    LEXEGESE- 77 Leser -
  • The European Commission finally presents options to reform the European carbon market

    … would delay the auctioning of a certain amount of allowances (see IP/12/850). Following initial discussions with the Member States in the EU Climate Change Committee and a public consultation, the Commission proposes to reduce the number of allowances to be auctioned in the years 2013 to 2015 by 900 million and to increase the number auctioned late…

    LEXEGESE- 15 Leser -

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