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)
8 steps for overcoming the behavioural change challenge
During the SPARK 2.0 event, energy and sustainability professionals discussed the barriers to behaviour change and how businesses could harness the wider awareness of the climate strikes to engage all staff members on the need to manage energy use.
Everything you need to know about the EU's new Circular Economy Action Plan and Industrial Strategy
The European Commission has today (11 March) unveiled its Circular Economy Action Plan, a sweeping set of commitments aimed at ensuring that circularity and resources efficiency acts as a "prerequisite for climate neutrality" in line with the European Green Deal and Industrial Strategy.
EU starts to chart shipping's new green course
The shipping industry will soon have to pay for its environmental impact in the EU, as both the European Commission and Parliament are moving forward with plans to include vessels in the bloc's flagship carbon market. But there are choppy waters ahead.
EU could use carbon border tax against Brexit Britain, warns MEP
The EU could deploy a carbon border tax against the UK after Brexit, according to the head of the European Parliament's environment committee, if Westminster diverges from bloc rules on issues like carbon markets.
Report: Emissions trading reached record €194bn high in 2019
Globally, turnover related to emissions trading rose 34% year-on-year in 2019 to reach €194bn (£163bn), new research has revealed.
'A far cry from what science tells us is needed': COP25 reaches 'disappointing' conclusion
Green campaign groups, UN officials and business representatives have expressed disappointment after two weeks of negotiations at COP25 came to a close today (15 December), almost two days behind schedule.
Europe's 'man on the moon moment': Green Deal to create world's first climate-neutral continent
European Commission President Ursula von der Leyen has unveiled 50 sweeping plans to enable the EU to reach net-zero emissions by 2050, claiming that the Green Deal was "more than just a vision, it is a roadmap for action".
Greta's arrival and carbon offsetting clashes: What happened on days 2 & 3 of COP25?
COP25 - the UN's annual two-week-long climate summit - is now well underway in Madrid. Here, edie rounds up all the key news and views from the second and third days of the event.
European coal power output sees 'unprecedented' decline
Electricity production from coal is on track to fall by around 3% globally in 2019 - the largest drop on record - with Western European countries leading the charge, according to fresh data published today (25 November).
Energy giants call for post-Brexit carbon price certainty in 'Net-Zero Budget'
Energy giants Drax, Orsted and SSE have penned a joint letter to Chancellor Sajid Javid calling for the Government to outline post-Brexit carbon pricing mechanisms, warning that it is crucial to the resilience of business and acts as a key indicator for investors.
Ovo Energy boss kick-starts campaign for general carbon charge
Ovo Energy's chief executive and founder Stephen Fitzpatrick has launched a new campaign aimed at bolstering the UK's emissions policies on the road to net-zero.
Official EU petition calls for minimum carbon price
The European Commission has registered an official petition that calls on the EU executive to set up a minimum carbon price, "discourage the consumption of fossil fuels" and keep global warming to below 1.5C.
In action: Anesco's subsidy-free solar farm supported by a storage floor price
Renewable energy firm Anesco is working with EDF Energy and it's tech partner, Upside Energy, to introduce an industry-first guaranteed floor price for revenue from the battery storage units operating at the first subsidy-free solar development in the UK.
Meet edie's 30 Under 30 Class of 2019: Eleanor King, AECOM
This 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. Next up: Eleanor King, sustainability consultant at AECOM.
The Big Business Plastics Debate (Part Two): How can we create a 'ripple effect' of change?
In the second of our two-part feature from the Big Plastics Debate at edie Live 2019, we move the conversation on to explore how businesses and policymakers can harness the momentum of environmental campaigns and protests to drive a new 'social norm' around plastics.