Report: EU carbon prices could hit €40 over next five years
European Union (EU) carbon prices could more than double to €40 per tonne between 2019 and 2023, spurring the transition away from coal power across the bloc.
China, EU reaffirm Paris climate commitment, vow more cooperation
China and the European Union on Monday reaffirmed their commitment to the Paris climate change pact and called other signatories to do the same, saying action against rising global temperatures had become more important than ever.
Sector insight: The state of sustainability in hospitality & leisure
This exclusive insight report explores the key drivers, challenges and opportunities facing sustainability in the UK's hospitality & leisure industry.
Report: EU carbon prices could hit €55 by 2030
EU carbon prices could quadruple to €55 a tonne by 2030 if policymakers align the bloc's emissions targets with the Paris Agreement.
WEBINAR: How to uncover savings and improve your operational performance through energy insight
Our expert panel will discuss how to use advanced energy insights to help you to uncover savings and improve your operational performance.
Investors and energy giants call for close UK EU climate ties after Brexit
Aviva, E.ON, RWE, EDF and NPower are among a coalition of 21 energy giants and top investors who have called on Britain and the EU to maintain close links on energy and climate policy after the UK leaves the bloc.
edie Explains: Smart grids
What is a smart grid and why is it important? What are the potential business benefits of the smart grid transition? And how mature is the smart grid concept in the UK? This free edie Explains guide gives you everything you need to know.
EU's carbon market update clears final hurdle
The Council of the EU has given the final stamp of approval to an update to the European Union's Emissions Trading System (ETS), which hopes to help the bloc cut emissions by 40% by 2030.
OECD urges countries to tax dirty energy
The Organisation for Economic Co-operation and Development (OECD) has encouraged governments to start taxing CO2 emissions more aggressively, in a new report which warns that current taxation levels are not enough to fight climate change effectively.
Business benefits of EU ETS reform clouded by Brexit uncertainty
EXCLUSIVE: Last week's vote in favour to reform the EU's carbon market is a "strong signal" that energy-intensive businesses should accelerate decarbonisation processes, although the European Parliament's rapporteur on the reform has warned that Brexit will act as high-profile distraction.
8 global sustainability trends to watch out for in 2018
Over the past 12 months, challenges around addressing sustainability issues have featured consistently in global headlines. Despite mixed political messages about our transition to a low-carbon future, the private sector has continued to drive sustainability up the business agenda; from Science Based Targets (SBTs) and Sustainable Development Goals (SDGs) to increased investor scrutiny over non-financial reporting.
Parliament rubber-stamps EU carbon market reform
European lawmakers voted in favour of a deal to reform the EU's carbon market after 2020 on Tuesday (6 February), as well as bolstering prices in the bloc's flagship tool for reducing greenhouse gas emissions.
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.
2017 green policy review: A year of progress and pleasant surprises
What a difference a year makes. Let us briefly cast our minds back to the halcyon days of January 2017 - who would have thought that a widely-ridiculed Jeremy Corbyn would soon become favourite to be the next PM; that a divorced mixed-raced American actress would be about to enter the Royal Family, or that a vastly experienced England cricket team would succumb to a humiliating Ashes defeat Down Under before the Boxing Day test?
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.
Does the UK’s net zero future need the EU ETS?
The 2008 Climate Change Act already commits the UK to an 80% reduction in emissions compared to 1990 levels by 2050. However, the unwritten long-term target hopefully is, or at least should be, to achieve complete carbon neutrality.
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.
'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.
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.
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.
edie explains: Water retail competition
This edie explains: Water retail competition guide provides an in-depth summary of the government-led strategy which will allow all non- domestic water users to switch suppliers of water retail services.
European Union 2020 energy targets 'well within reach'
European Union (EU) Member States are collectively on course to meet 2020 targets for renewables, energy efficiency and emissions reductions, although a new report has warned that long-term objectives are at risk of falling short.
Quarter of global emissions could be covered by a carbon price in 2017, says World Bank
If policymakers can embed a carbon price within "complimentary" green legislation, then climate change mitigation costs could fall by almost a third by 2030, a new report from the World Bank has found.
Global aviation climate deal agreed: 'Mission accomplished' or 'timid step' forward?
Representatives from 191 nations finally pieced together a global deal to introduce a carbon offset scheme for the aviation sector in Montreal last night (6 October), although the agreement has been acknowledged as a "timid step in the right direction" by green groups.
Baker & McKenzie becomes first law firm to join carbon price coalition
Multinational law firm Baker & McKenzie has become the first legal industry representatives to join the World Bank's Carbon Pricing Leadership Coalition (CPLC) in a commitment to help clients "respond innovatively to the risks - and opportunities" of an economically regulated low carbon future.
edie Sustainability Leaders Forum - full programme
No longer a matter of compliance, sustainability is a strategic imperative as investors, NGOs, employees and consumers demand more from organisations. But what does sustainability leadership look like in an uncertain regulatory climate and how will that evolve as business leaders take a critical, long-term view of their growth strategies?
Is 'imperfect' ETS a better option for aviation emissions than a voluntary ICAO draft?
As nations meet today (26 September) to edge a global aviation deal closer, new analysis has suggested that the European Union's Emissions Trading System (EU ETS) is still "superior" to the drafted proposal offered by the United Nation's International Civil Aviation Organization (ICAO).
European Commission urged to revamp bioenergy and shipping policies
The European Commission has been greeted with across-the-board support from MEPs to include emissions from shipping in the European Union's 2030 emissions reduction target, while non-profits are also calling for improved bioenergy policies.
MEPs shocked by 'secretive' ICAO plan to cut aviation emissions
A six-year delay, exemptions for poor nations, and a gradual phase-in system for participating countries are all being considered as part of talks to curb aviation pollution at the International Civil Aviation Organisation (ICAO), MEPs discovered at a hearing in Parliament today (1 September).
How will Brexit impact our involvement in the Emissions Trading Scheme?
The UK's vote to leave the EU has prompted a period of turbulence in British politics. Amid the political upheaval and heated debate, concern is mounting about the future of UK's involvement in the EU Emissions Trading Scheme (ETS).
Vehicle emissions standard forms 'centrepiece' of EU's low-carbon vision
A new legislative proposal from the European Union (EU) that creates binding targets for Member States to reduce emissions in the transport, buildings, agriculture, waste, land-use and forestry sectors will hinge on the ability to accelerate low-carbon technology and fuels in the automotive industry.
Brexit calls EU climate action into question as top MEP quits
The European Union's plans to reform its broken carbon market have been thrown into turmoil after the British lead MEP on the bill to revise the Emissions Trading System resigned after the UK voted to leave the bloc.
"The EU is doing its homework": Commission makes landmark proposal to ratify Paris Agreement
The European Commission has today (10 June) presented its plans for the European Union (EU) to ratify the historic Paris Agreement, calling for a swift process of enshrining the global climate deal into European law.
Sir David King: UK should shift renewable energy subsidy focus to offshore wind
The Department of Energy & Climate Change (DECC) should concentrate its limited renewable energy subsidy budget on offshore wind, in an effort to drive down costs and increase investor demand, the UK's chief climate envoy has told edie.
EU dropped climate policies after BP threat of oil industry 'exodus'
The EU abandoned or weakened key proposals for new environmental protections after receiving a letter from a top BP executive which warned of an exodus of the oil industry from Europe if the proposals went ahead.
EU ETS in need of 'ambitious' revamp, MEPs warn
The European Union (EU) has been urged to revamp its Emission Trading System (ETS) to allow for free allowances to be given to the industries that need them most, even though it was revealed that struggling Tata Steel has received £700m from the ETS since 2008.
Half of the world calls for carbon markets to accelerate emissions reduction
Half of the countries that agreed to limit global warming to two degrees at COP21 in Paris thrown their weight behind calls for the development of international carbon markets - a move that could prove vital in reaching climate goals - according to new research.
Donald Trump hit with aviation emissions fine for UK flights
US Republican presidential frontrunner Donald Trump has been fined for the carbon pollution caused by part of his aircraft real estate, joining the Bahrain royal family and Rupert Murdoch's 21st Century Fox America in breaching EU emissions trading schemes.
Battle lines forming as EU holds first debate on ETS reform
France, the UK, the Czech Republic and Slovakia are backing a more targeted approach for heavy industries, at risk of closing down or relocating abroad, due to increased pressure to reduce global warming emissions.