EU Emission Trading Scheme
EU biofuels claim challenged by academic study (News)EurActiv | 31 Jul 2012
German researchers have unveiled evidence suggesting that EU claims, according to which locally-produced rapeseed biodiesel cut back at least 38% of greenhouse gases (GHG) compared with fossil fuels, are unfounded. More '
China keen to avoid EU's CO2 market problems (News)EurActiv | 23 Jul 2012
China is considering price control mechanisms and tightly regulated markets for its emissions trading schemes (ETS) in a bid to avoid the price volatility and scandals that have hit Europe's ETS, as surveys show the country has reached European per-capita emission levels. More '
Rising Asia and old Europe need to work together (Analysis)EurActiv | 21 Mar 2012
Europe should engage more firmly with Asia not only in trade but also in foreign policy, climate issues and resource efficiency if it is to regain its powerful role in the international arena, argue Giles Merritt and Shada Islam from Friends of Europe. More '
Letters: Europe, Japan and energy optionsGuardian Unlimited | 14 Mar 2011
The EU commission's 2050 low-carbon road map released last week needs to raise Europe's sights beyond its current 2020 emission reduction targets (Report, 7 March). While the EU has agreed that emissions must be reduced by at least 80% by the middle of the century, it has not so far set out how to...
Chris Huhne gets European support to toughen EU climate targetsGuardian Unlimited | 13 Mar 2011
Six other governments agree to join push for target of 30% cuts in greenhouse gas emissions by 2020. Chris Huhne has won the support of six other European governments to push for a toughening of the EU's climate targets, to be discussed in Brussels on Monday. The energy and climate secretary is...
Response: We don't need to de-industrialise to meet our emissions targetsGuardian Unlimited | 18 Feb 2011
Investing in a low-carbon economy will create growth and keep Europe competitive. In your article on the debate over reducing European greenhouse gas emissions, EU energy commissioner Günther Oettinger is right to insist: "Look at our deficit - we need growth, and we need more industry" (EU energy...
Hedegaard: High targets will boost EU economyGuardian Unlimited | 14 Feb 2011
EU climate commissioner says there is 'debate' - but no row – over raising the carbon targets to a 30% cut by 2020. Europe's climate chief insisted on Monday that tougher greenhouse gas targets would improve the EU's economic performance, rather than push businesses overseas, as companies and green...
Hopes of 30% cut in greenhouse emissions dashedGuardian Unlimited | 10 Feb 2011
EU energy chief fears target would lead to a too-fast process of de-industrialisation as compared to current 20%. The UK government's plan to push Europe to deeper cuts on greenhouse gas emissions has been dashed by the EU's energy chief. Günther Oettinger, the EU's energy commissioner, dealt a...
EU to reopen 5 carbon registries shut after theftsReuters | 03 Feb 2011
The European Commission, which halted spot trade in its carbon market two weeks ago due to thefts, said it will reopen emissions registries in five countries on Friday after being told security was in place.
European commission extends carbon market freeze indefinitelyGuardian Unlimited | 27 Jan 2011
The European commission's emergency suspension last week of trading in carbon allowances to put a halt to rampant theft of credits by hackers has been extended indefinitely until countries can prove their systems are protected from further fraud. While the suspension had been expected to end last night, Brussels now says that the freeze in trades had been imposed to give the commission executive some breathing space to figure out what to do.
Seven charged in carbon trading VAT fraud caseGuardian Unlimited | 26 Jan 2011
An investigation into a £38m carbon trading VAT fraud has resulted in seven people from the south-east of England being charged with conspiracy to cheat the public revenue and conspiracy to transfer criminal property. The alleged fraud, which involves claiming VAT refunds from fictitious carbon trades in a so-called "carousel fraud", is said to have cost governments in the European Union up to €5bn.
Traders condemn EU's 'Mickey Mouse' carbon market after botched trading statementGuardian Unlimited | 21 Jan 2011
A city trader accused the European commission tonight of running a "Mickey Mouse" carbon-trading scheme after some traders lost heavily on the market owing to a botched trading statement. The commission is already under fire over an entirely separate fraud inquiry that has closed parts of the EU's...
EU says carbon markets to reopen when security provedReuters | 20 Jan 2011
The European Commission said on Thursday the suspension of trading in its Emissions Trading Scheme (ETS) will end in phases once registries prove their security after a series of breaches around the European Union.
Europe must ban flawed carbon creditsGuardian Unlimited | 17 Jan 2011
Millions of pollution permits in Europe's emissions trading scheme do very little for the environment. A vote on Friday could change that. Paying €14 for something that costs just 17 cents is clearly good business for the seller. But in the strange case of the European Union Emissions Trading...
Aviation deal clears way for emissions scheme: EUReuters | 09 Oct 2010
A global deal on emissions curbs by airlines struck late on Friday will allow the European Union to press ahead with plans to charge airlines for emissions permits from 2012, the European Commission said on Saturday.
EU States Expect to Exceed Air Pollutant LimitsEnvironmental Protection UK | 07 Oct 2010
The European Environment Agency has confirmed that 11 EU countries expect to exceed their legal emissions ceiling for nitrogen oxides (NOx) in 2010, some by more than 40%. The EEA's annual status report reveals that several Member States, including Slovenia, Sweden and the United Kingdom, expect to exceed their respective NOx ceilings by small margins (less than 5 %).