Environmental News about Climate Change

EarthWire Climate provides a daily overview on the issue of climate change as reported in the media. The web site is updated every day by a team of editors that reviews media sources for environmental news stories.

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EU Emission Trading Scheme

Major Australia investors urge quick action on climate
Reuters | 25 Jun 2010
SYDNEY (Reuters) - A group of major investors on Friday urged Australia's new Prime Minister Julia Gillard to take swift action to fight climate change and cut carbon emissions blamed for heating up the planet. "We consider that climate change presents real risks to the Australian economy, which must be addressed," the group said in a statement.Gillard moved to revive a stalled carbon trading scheme on Thursday, within hours of becoming prime minister after incumbent Kevin Rudd stepped down.
 Australia | Climate Change Mitigation | Economy | EU Emission Trading Scheme | Government and Climate Change
Japan aims to pass climate bill by year-end U.N. talks
Reuters | 15 Jun 2010
TOKYO (Reuters) - Japan will aim to pass a shelved climate bill setting tough emission reduction targets before an annual U.N. meeting in Mexico later this year, the environment minister said on Tuesday.
 Japan | EU Emission Trading Scheme | Policy
2009's 'Great Recession' Slashed Carbon Market in Half
ClimateBiz | 14 Jun 2010
The value of the voluntary carbon market shrunk 47 percent to $387 million in 2009 as the recession shrank the amount of offsets purchased for corporate social responsibility purposes.
 Economy | EU Emission Trading Scheme | Industry
European recession slashed 2009 carbon emissions
Reuters | 18 May 2010
BRUSSELS (Reuters) - The European recession last year slashed more than 11 percent off climate-warming emissions from heavy industry, the European Union's executive said on Tuesday. The decrease was also helped by low prices encouraging greater use of natural gas, which emits less carbon dioxide than the coal it replaced to generate electricity."Because of the crisis it suddenly became easier to reduce emissions," European climate commissioner Connie Hedegaard said in a statement.
 EU Emission Trading Scheme | Global Warming
Some 500 EU cities pledge to cut CO2 emissions
Reuters | 04 May 2010
BRUSSELS (Reuters) - Five hundred European Union cities pledged on Tuesday to exceed the EU's climate targets, signing up to do more to cut their emissions of climate warming gas. European lawmakers said they had persuaded the EU's executive, the European Commission, to redirect several hundred million euros of unused budget into energy-efficiency measures which would help the cities.
 Energy Efficiency | EU Emission Trading Scheme
Australia shelves climate scheme
BBC World Service | 27 Apr 2010
Australia says a key emissions trading scheme will not start until 2013 at the earliest, after it was repeatedly blocked in the Senate.
 Australia | Climate Change Convention and Kyoto Protocol | EU Emission Trading Scheme
EU can afford to increase its climate ambition
BBC World Service | 20 Apr 2010
The economic recession has led to a sharp fall in EU emissions, making the current target to cut emissions by 20% before 2020 almost worthless.
 EU Emission Trading Scheme | Industry
Recession-hit Ireland reports good progress on emissions cuts
Environment Data Interactive Exchange | 12 Apr 2010
Carbon intensive industries in Ireland cut emissions by more than 15% in 2009. According to data submitted to the EU by the Irish Environmental Protection Agency, companies covered by the emissions trading scheme (ETS) made major cuts, in part due to the global economic crisis.
 United Kingdom | EU Emission Trading Scheme | Industry
Heavy industry claims carbon emission targets are 'death by a thousand cuts'
Guardian Unlimited | 10 Apr 2010
High carbon emitters like steelmakers and chemical plants are becoming concerned that new environmental taxes could mean that within a decade, there won't be much of Britain's heavy industry left in the country.
 United Kingdom | EU Emission Trading Scheme | Greenhouse Gas Emissions | Industry
Commission wants quick follow-up on Copenhagen
EurActiv | 15 Jan 2010
During an informal meeting of European energy and environment ministers in Seville, the European Commission will tomorrow (16 January) call'forswiftimplementation bythe EUofthe Copenhagen Accord on climate change, urgingother countries to follow suitand reacha legally-binding agreement in 2010, EurActiv has learned.
 EU Emission Trading Scheme | Climate Change
EU looks beyond 'weak' Copenhagen climate deal
EurActiv | 19 Dec 2009
After two weeks of extenuating talks, world leaders delivered an agreement in Copenhagen that left Europeans disappointed as it failed to commit rich and poor countries to any greenhouse gas emissions reductions. EurActiv reports from the Danish capital.
 EU Emission Trading Scheme | Climate Change
Brazil warns EU on biofuel sustainability
EurActiv | 18 Dec 2009
EU rules for calculating indirect land-use changes caused by biofuel production would not be legitimate without an internationally-accepted methodology, a group of developing countries has told the European Commission.
 EU Emission Trading Scheme | Climate Change
EIT launches first 'Knowledge and Innovation Communities'
EurActiv | 18 Dec 2009
The European Institute of Innovation and Technology (EIT) has unveiled three major new innovation clusters focusing on climate, energy and information technology. Each of the initiatives will bring together academia and industry at several locations across Europe.
 EU Emission Trading Scheme | Climate Change
Carbon capture to win EU funding before renewables
EurActiv | 18 Dec 2009
Carbon capture and storage (CCS) projects will likely be first to benefit from funding out of the EU emissions trading scheme (EU ETS), with support for renewables to follow later, a draft European Commission proposal suggests.
 EU Emission Trading Scheme | Climate Change
Copenhagen climate talks: Main issues and state of play
EurActiv | 18 Dec 2009
About 120 world leaders and 193 countries are meeting in Copenhagen to agree a new global climate deal, the basis for a full climate treaty next year.
 EU Emission Trading Scheme | Climate Change
EU 'disappointed' by Chinese, US climate pledges
EurActiv | 18 Dec 2009
Only "a miracle" will allow world leaders to patch together a climate deal in the final hours of the Copenhagen conference, said Brazilian President Luiz Inácio Lula da Silva after a long-awaited speech by US President Barack Obama had disappointed negotiators. EurActiv reports from Copenhagen.
 EU Emission Trading Scheme | Climate Change
Kyoto pact in the balance in UN climate endgame
EurActiv | 18 Dec 2009
President Barack Obama arrives in Copenhagen today (18 December) for the final day of the UN climate conference on a positive note, after the US pledged to contribute to international climate aid. EurActiv reports from the Danish capital.
 EU Emission Trading Scheme | Climate Change
Poor nations push for 'new world order' in Copenhagen
EurActiv | 17 Dec 2009
An attempt by developing and emerging countries to'create "a new world order" in which Westernindustrialised nations are no longer dominant is threatening to scupper an agreement on climate change in Copenhagen, warned EU delegates.EurActiv reports from the Danish capital.
 EU Emission Trading Scheme | Climate Change
EEA: 'Climate treaty to allow poor countries to jump on growth train'
EurActiv | 17 Dec 2009
A new global climate treaty would provide an opportunity to create social cohesion by sharing low-carbon technologies between rich and poor countries, Jacqueline McGlade, executive director of the European Environment Agency (EEA), told EurActiv in an interview.
 EU Emission Trading Scheme | Climate Change
Finance sector makes voice heard at UN climate talks
EurActiv | 17 Dec 2009
Executives from Merrill Lynch and Goldman Sachs spoke alongside former world leaders in Copenhagen yesterday (16 December) to promote private finance as a way of helping poor nations switch to low-carbon energy sources. EurActiv reports from the Danish capital.
 EU Emission Trading Scheme | Climate Change

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