LONDON, April 16 (Reuters Point Carbon) – Europe’s united approach to battling climate change was thrown into doubt on Tuesday after the European Parliament rejected an emergency measure to prop up carbon prices in the EU's $148-billion Emissions Trading System (ETS).
LONDON, April 16 (Reuters Point Carbon) – EU carbon prices plunged more than 40 percent on Tuesday after the European Parliament voted against a plan to prop up prices in the bloc’s Emissions Trading Scheme (ETS) by withdrawing permits.
LONDON, April 16 (Reuters Point Carbon) – European carbon collapsed by more than 40 percent to record lows after lawmakers in EU Parliament rejected efforts to prop up CO2 prices through market intervention.
NDP leader Adrian Dix released his party's forestry platform in Prince George Monday, including a pledge to double the number of trees planted on Crown land.
Dix also promised to increase spending on forest inventory research and establish a " …
SAN FRANCISCO, April 15 (Reuters Point Carbon) – U.S. greenhouse gas emissions fell 1.6 percent in 2011 from 2010 due to reduced emissions from electricity generation, improvements in vehicle fuel efficiency, and year-to-year changes in the prevailing weather, the Environmental Protection Agency (EPA) said on Monday.
LONDON, April 15 (Reuters Point Carbon) - EU carbon prices edged up 1 pct on Monday in thin volumes as participants shied away from taking large positions ahead of a key vote Tuesday on EU plans to withdraw supply from the market, traders said.
LONDON, April 15 (Reuters Point Carbon) – Developing nations are spending almost $400 billion a year on fossil fuel subsidies, dwarfing the amount they receive in climate finance and undermining their own efforts to cut emissions, a new report showed.
… the planting of mangroves, the reforestation of coastal and urban areas …
BEIJING, April 15 (Reuters Point Carbon) - Growing pressure to solve China’s plethora of environmental problems may force the government to draft new policies that could also cut greenhouse gas emissions, although Beijing faces bureaucratic challenges in rolling out any new measures, analysts said.
BEIJING, April 15 (Reuters Point Carbon) - Japan's government has moved a step closer to launching an international carbon offset market that would allow it to offset its greenhouse gas emissions by exporting so-called clean technology in return for carbon credits.
BEIJING, April 15 (Reuters Point Carbon) - The United States and China pledged on Saturday to work together to advance the fight against climate change, promising closer co-operation on developing technology, research, conservation, and alternative and renewable energy.
BEIJING, April 15 (Reuters Point Carbon) - Australia’s net greenhouse gas emissions fell marginally in 2012 due to reduced electricity demand and a greater share of renewable energy in the power generation mix, the government said Monday.
LONDON, April 12 (Reuters Point Carbon) – The United Nations main climate body has commissioned a study on how best to establish a fund to tap up sovereign wealth funds and prevent the world’s biggest market for carbon offsets - the U.N.’s Clean Development Mechanism – from collapsing.
LONDON, April 12 (Reuters Point carbon ) – Five countries will sell 4.3 million spot carbon permits from phase two of the EU Emissions Trading Scheme on German exchange EEX, the bourse said on Friday.
LONDON, April 12 (Reuters Point Carbon) - EU carbon permits climbed more than 10 percent on Friday as traders said comments from a senior MEP spurred optimism that the Parliament would next week pass a bill to allow regulators to cut supply.
LONDON, April 12 (Reuters Point Carbon) – Six European nations issued 2.6 million carbon credits last week for emission reduction projects under the Kyoto Protocol, according to U.N. data, 1.3 million fewer than the previous week.
LONDON, April 12 (Reuters) - Germany sold 4.02 million spot European Union carbon permits on Friday from the third phase (2013-2020) of its emissions trading scheme on EEX at 4.40 euros ($5.78) a tonne each, traders said.
TOKYO/BEIJING, April 12 (Reuters Point Carbon) - Japan emitted 1.308 billion tonnes of CO2 equivalent in financial year 2011/12, it said on Friday, up 3.9 percent year-on-year and slightly higher than initial estimates released in December.
BEIJING, April 12 (Reuters Point Carbon) - New Zealand’s net greenhouse gas emissions rose 1.4 percent in 2011, the Ministry for the Environment said Friday, but carbon stored in forests mean the country is on course to meet its legally-binding climate goals under the Kyoto Protocol.
LONDON, April 12 (Reuters Point Carbon) – Four fifths of companies that have invested in U.N. emission reduction projects have cited weak government targets to cut emissions as a barrier to investing in clean technology, according to a survey of 17 investors published Friday.
BERLIN, April 12 (Reuters Point Carbon) – South Korea will not succumb to industry pressure and revise down its national emissions reduction target when it publishes its new energy strategy this summer, the country’s deputy environment minister said on Thursday.
SAN FRANCISCO, April 11 (Reuters Point Carbon) – Boosted by news that California’s governor approved the state’s plan to expand its carbon market to include the Canadian province of Quebec, California carbon allowances (CCAs) for December delivery closed Thursday at $14.60/t, the highest closing price in over a month.
LONDON, April 11 (Reuters Point Carbon) – Ministers and lawmakers have ramped up pressure on MEPs in a last ditch attempt to persuade them to back a plan to rescue the EU’s carbon market, claiming if they vote down the Commission’s so-called backloading bill they would tear up European climate policy and damage industry.
BERLIN, April 11 (Reuters Point Carbon) – China will next month publish a draft design of its federal emissions registry, a government advisor said Thursday, taking the country a step closer to launching a nationwide carbon market that is poised to eventually be the world’s largest.
BERLIN/LONDON, April 11 (Reuters Point Carbon) – Germany’s environment minister and Britain’s secretary of state for energy and climate change have urged European lawmakers to pass a bill to let the EU Commission prop up prices in its $148-billion Emissions Trading Scheme just days ahead of a key vote that may decide the future of the market.
LONDON, April 11 (Reuters Point Carbon) – EU carbon hit a fresh two-week low of 4.22 euros on Thursday before climbing back above 4.30 euros as traders rebuilt long positions sold off earlier in the week amid jitters ahead of a crunch Parliamentary vote.
BERLIN, April 11 (Reuters Point Carbon) – Failure by MEPs to pass an EU Commission plan to prop up carbon prices in Europe’s Emissions Trading Scheme could weaken the ambition of carbon markets being designed in other countries, South Korea’s deputy environment minister said Thursday.
LONDON, April 11 (Reuters Point Carbon) – Power stations in Italy generated 5.3 percent less electricity in the first three months of 2013 versus a year earlier, preliminary data showed on Thursday, suggesting lower carbon dioxide (CO2) emissions in the EU’s fourth biggest power producer.
LONDON, April 11 (Reuters Point Carbon) - The EU Parliament will on April 16 vote in Strasbourg on whether to allow regulators to drastically cut supply in the bloc’s carbon market, according to an updated parliamentary agenda on Thursday following a meeting of party leaders, an EU spokeswoman said.
LONDON, April 11 (Reuters Point Carbon) - The European Union sold 3.554 million spot EU carbon permits from the third phase (2013-2020) of its emissions trading scheme on EEX at 4.30 euros a tonne each on Thursday, traders said.