DEFINITION: A market-based ‘cap and trade’ on emissions that allows parties to buy and sell permits for emissions or credits. The ETS covers 45% of the greenhouse gas (GHG) emissions emitted from energy-intensive sectors. In the UK, more than 700 UK-based energy intensive installations, including power stations, manufacturing facilities and oil refineries, participate in the system.
Emissions Trading System (ETS)
Plastic tax and ETS tinkering could plug Brexit hole, suggests EU budget chief
EU Budget Commissioner Günther Oettinger has revealed that the European Commission will propose taxing plastic and shifting emissions trading income to EU level, in an attempt to balance the bloc's coffers once the United Kingdom leaves the EU.
What can we learn from China's launch of the world's largest carbon market?
China has today (19 December) signalled its intent to address climate change with the launch of the world's largest carbon market.
Will post-Brexit Britain choose political sovereignty over close EU climate and energy ties?
The UK will need to sacrifice some of its political sovereignty if it wants to maintain a close post-Brexit relationship with the EU over climate and energy-related affairs, according to a top former EU Commission figure.
EU and California to discuss linking carbon markets
The EU and California are beginning talks to potentially create a common carbon market that could also include China.
European Commission moves to Brexit-proof Emissions Trading System
The European Commission has agreed on a new measure to protect its Emissions Trading System (ETS) against a potential breakdown in Brexit negotiations.
CDP: Huge leap in multinationals adopting internal carbon price
A new CDP report has highlighted an 8-fold increase in the number of large multinational factoring an internal carbon price into business strategies over the past four years.
MEPs urge EU to ratchet up climate ambitions ahead of UN summits
The European Parliament on Wednesday (3 October) backed a resolution that calls on the EU to increase its 2030 climate targets and to come up with a mid-century zero-emissions strategy before an all-important UN summit in 2018.
Carbon tax could wipe out polluters' profits in pursuit of Paris targets
More than $1.5tn (£1.2tn) in company profits worldwide could be erased by taxes required to meet the Paris climate agreement, according to analysis by Schroders.
Report maps UK's 'uncertain' energy landscape post-Brexit
As Britain looks set to leave the EU's Single Market, business consultants have attempted to map out the numerous challenges facing the energy sector after Brexit, making the case for a transition phase to smooth the exit path.
Energy giants back calls to cut financial support for polluting powerplants
A coalition of thirteen energy industry firms, including Siemens, Shell and Total, have launched a new joint initiative to limit the amount of state aid subsidies that are sent to highly-polluting fossil fuel plants across the European Union (EU).
Exxon, BP and Shell back carbon tax proposal to curb emissions
Oil giants ExxonMobil, Shell, BP and Total are among a group of large corporations supporting a plan to tax carbon dioxide emissions in order to address climate change.
edie Energy Insights 2017
EXCLUSIVE REPORT: edie's latest report offers an insight into business energy procurement, planning and purchasing priorities from efficiencies to onsite generation.
Sky-high carbon tax needed to avoid climate catastrophe, say experts
A group of leading economists warned on Monday that the world risks catastrophic global warming in just 13 years unless countries ramp up taxes on carbon emissions to as much as $100 (£77) per metric tonne.
Coalition calls for worldwide carbon price to avert climate crisis
A group of 200 organisations including national governments and global businesses has echoed calls for an international carbon pricing system to put the world on the path to meet a 2C climate change target.
Sustainability megatrends: Realising the business case for sustainable economic growth
edie's series of exclusive thought-leadership articles on the global impact of megatrends culminates with New Climate Economy's programme director Helen Mountford exploring how businesses and governments are developing more sustainable models of economic growth that are fit for the future.
Norway's climate secretary expects deepened UK energy ties post-Brexit
EXCLUSIVE: The UK can play an "active role" in influencing Europe's climate policy post-Brexit, according to Norway's Climate and Environment Secretary, who believes the low-carbon energy relations between the two countries will be strengthened over the next few years.
Article 50: What we know (and don't know) about the environmental impact of Brexit
As the UK's departure process from the European Union (EU) officially commences with the triggering of Article 50, edie takes an in-depth look at how Brexit could affect Britain's green business community.
Leaked paper exposes EU countries' abuse of climate loophole
European Union countries exploited loopholes in United Nations forestry rules to pocket carbon credits worth €600 million and the equivalent of global-warming emissions from 114 million cars.
European Parliament adopts draft reform of carbon market
The European Parliament on Wednesday (15 February) adopted draft reforms of the EU's carbon market post-2020 that aim to balance greater cuts in greenhouse gases with protection for energy-intensive industries.
'Difficult to see' UK remaining in EU ETS
The UK is unlikely to remain part of the EU emissions trading system (ETS) following Brexit, an academic from the Institute for European Environmental Policy has told edie's sister title Utility Week.
Reform of EU carbon trading scheme agreed
An overhaul of the EU's flagship trading scheme for cutting carbon emissions by European industries has been approved by the member states.
Report: Heathrow expansion will create a 'black hole' in future carbon budgets
The UK Government's lack of commentary on how it plans to mitigate the environmental impacts of the third runway expansion at Heathrow Airport could create a "black hole" in future carbon budgets, a new report has warned.
Does Brexit offer a ‘golden opportunity’ to pursue EU ETS alternatives?
With MPs set to vote on the final amendments of the bill to withdraw the country from the European Union (EU), the debate surrounding the UK's future involvement in the EU Emissions Trading System (ETS) has intensified this week with a lively debate in Parliament.