• 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

    …● 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 -
  • Carbon trading in the Asian Century: China’s ETS on track

    …%, relative to 2005 by 2020. Short-term goals include reduction in energy intensity by 16% and carbon intensity by 17%, for the period from 2011 through 2015. The most prominent plan is to run a national emission trading scheme (ETS), ahead of the US and along with Australia. It is destined to be the world’s second-largest emissions market…

    LEXEGESE- 31 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

    …(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 -

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