DEFINITION: A pricing system that encourages polluters to reduce their greenhouse emissions by charging for CO2 emitted into the atmosphere. A carbon price usually comes in the form of a carbon tax, or a cap-and-trade system, which allows companies a limited, and falling, number of emissions permits.
UK ETS: Post-Brexit carbon market opens for first time with carbon price topping £50 per tonne
The UK's carbon price has hit £50 as the nation's post-Brexit emissions trading scheme (ETS) opened for the first time on Wednesday morning (19 May).
More than one-third of large companies putting a price on carbon internally, CDP finds
A survey of some 6,000 large businesses on carbon pricing has revealed that more than one-third are using an internal carbon price or are planning to implement one by 2023.
Emissions covered by EU pricing markets fell 12% in 2020
Emissions regulated under the European Union's (EU) carbon market decreased by more than 12% last year, with the coronavirus severely limiting energy demand and industrial output.
British Land confirms approved science-based targets on journey to net-zero
Property development and investment giant British Land has had interim carbon reductions targets to help deliver net-zero emissions approved by the Science Based Targets initiative (SBTi).
Will the 2021 Budget help the UK deliver a green recovery?
Chancellor Rishi Sunak will deliver his second Budget on 3 March. But, faced with the challenge of supporting the economy as the UK completes its lockdown exit roadmap, will the Budget deliver an appropriate response to the climate and nature emergencies?
Global carbon market grew 20% in 2020
The valuation of the global carbon market grew 20% in 2020, totalling almost €230bn and the fourth consecutive year of record growth, new research has found.
Five things you need to know about the Energy White Paper
After months of delays, the UK Government finally unveiled its Energy White Paper on Monday (14 December) detailing how an overhaul to transport, energy and infrastructure will deliver an "overwhelmingly decarbonised power in the 2030s" on the road to net-zero by 2050.
An 'undisputed urgency to act': Green economy reacts to the Energy White Paper
The Government has unveiled the long-awaited Energy White Paper today (14 December), with green groups welcoming the focus it provides to both job growth and rapid decarbonisation in order to reach net-zero emissions by 2050.
Higher carbon prices could raise £27bn for green recovery by 2030, experts tell UK Government
The UK's price on carbon will need to reach £75 per tonne by 2030 if the nation is to meet its 2050 net-zero target - a price which would raise up to £27bn of finance for low-carbon sectors.
Carbon prices to climb 50% over next decade following raised EU climate targets
Carbon prices across the European Union (EU) could increase by more than 50% over the next decade, with the bloc's proposed 55% reduction in emissions set to shape renewables and fossil fuel markets in the long-run, according to new analysis from the Refinitiv Carbon Research team.
Mark Carney assembles business giants in drive to scale carbon offsetting markets
Representatives from Unilever, Nestle, BP and Shell are among the members of a new private-sector taskforce aiming to scale up voluntary carbon credit markets, spearheaded by former Bank of England Governor Mark Carney.
EU carbon price to reach €32 by 2030, short of required price for UK's net-zero target
The International Emissions Trading Association (IETA) has published its latest carbon pricing forecast and vowed to lobby for the net-zero transition by 2050 at the latest, while the Zero Carbon Commission is t calling for a UK carbon price of £75 per tonne by 2030.
British Land targets net-zero portfolio by 2030
Property development and investment giant British Land has unveiled a sweeping new sustainability strategy, headlined by a 2030 net-zero target for its office and retail estate.
Meet edie's 30 Under 30 Class of 2020: Peter Statham, Carlsberg Group
This new series profiles the members of edie's 30 Under 30 - a nomination-based community of 30 hugely talented young sustainability and energy professionals who have already achieved great things or are showing fantastic promise. Up next: Peter Statham, sustainability manager for Carlsberg Group and CMBC.
UK carbon trading scheme 'leaves many questions unanswered'
As the UK takes its first steps away from the EU, there are still plenty of open questions about how it will align with Europe on climate policy, and in particular, with the EU's flagship emissions trading scheme (ETS).
What makes a sustainability leader? Meet the Co-op's Cathryn Higgs
With the 2021 Sustainability Leaders Awards entry deadline approaching, this new feature series showcases the achievements of the 2020 winners and reveals their secrets to success. Up next: Our Sustainability Leader of the Year 2020, the Co-op's head of food policy Cathryn Higgs.
EU lawmakers up the ante, vote for 60% climate target for 2030
The European Parliament's environment committee has voted for a new EU-wide target to reduce carbon emissions 60% by 2030, setting the stage for tough negotiations with EU countries and the European Commission, which is expected to propose a 55% goal next week. EURACTIV Germany reports.
Sector by sector: What are the key ingredients to achieve a green recovery?
Over the past 12 months edie has collected data and spoken to leading sustainability and energy experts on how key UK sectors can achieve a green recovery from the coronavirus pandemic. Here, edie summarises some key themes found in our detailed sector insight reports.