EU Emissions Trading Scheme

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The EU's Emissions Trading System is the world’s biggest scheme for trading emissions allowances

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.

Tabled amendments to the EU ETS scheme include additional subsidies being given to pollution-heavy industries such as the steel and energy sector

Polluting industries stand to gain from EU ETS reform, report claims

A reform of the EU Emissions Trading System (ETS), which is being voted on by the European Parliament next week, could end up giving more than €230bn in subsidies to polluting industries, a new report has claimed.

The reformed Emissions Trading System would allow sectors, such as the maritime and steel industries, to adopt a carbon pricing set at international level

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.

Energy and electricity prices are being blamed for the UK steel industry's failings

Tata Steel crisis: Four green solutions for the struggling steel industry

As the Tata Steel crisis rumbles on, commentators are pointing fingers at energy prices and green policies as key reasons behind Tata's decision to exit the UK. Are they right, or could a reformed green policy landscape and enhanced focus on sustainability actually end up convincing energy-intensive manufacturers to stay put?

If left unchanged, the EU ETS will reportedly add nearly £30 a tonne to average steel production costs by 2030

EU decarbonisation policies could cost UK steel £300m a year

The EU emissions trading scheme (ETS) could cost the UK steel sector more than £300m a year by 2030, according to a new report from the industry.

The experts were broadly supportive of cap-and-trade with 19% saying it is an ideal abatement instrument, 66% saying it is the best we can agree on, and just 8% saying it does more harm than good.

Cap-and-trade "best solution we can agree on" for climate change

Nearly two thirds of 'carbon experts' believe that a cap-and-trade carbon market is the "best method we can agree on" for reducing global emissions.

Approximately two billion backloaded and unallocated allowances will be put into the MSR before they flood the market at the end of the decade.

EU to clamp down on 'glut' of carbon permits in the ETS

EU lawmakers have agreed to fastrack a reform to the EU emissions trading scheme (ETS), to deal with the surplus of allowances in the system.

Renewable energy accounts for 15% of Britain's power today

Six renewable energy targets set for next UK Government

The renewable energy industry has united to launch a series of 'key tests' for the UK political parties ahead of the next General Election.

New coal power stations pose a serious threat to the continent's decarbonisation efforts, according to Greenpeace

New coal power stations threat to EU's emissions target

Burning Europe's lignite reserves would wipe out carbon budget from 2020 until the end of the century, says Greenpeace.

The aviation industry has agreed on a comprehensive strategy to progress technology, operations and alternative fuels to reduce emissions

Aviation industry agrees global mechanism to reduce emissions

A global mechanism that could cut airlines' carbon emissions from 2020 has been supported by the International Civil Aviation Organisation's (ICAO) 191 member countries.

Will a global aviation deal release the airline emission strategy's potential?

Just a month before the triennial General Assembly of the International Civil Aviation Organisation (ICAO), the Environmental Defense Fund (EDF) has produced a white paper stating that emissions reduction and sector offsetting is both achievable and affordable, and perhaps sooner than first projected. But after years of swings and roundabouts between the ICAO and the EU Emissions Trading Scheme (EU ETS) will this year's discussion finally lead to a tangible difference? Asks Begum Kurkcu

Second backloading vote announced as EU ministers reiterate support

Energy and environment ministers from nine European member states have outlined their support for the EU Emissions Trading Scheme (ETS) backloading proposals, as it emerged that a second vote on the proposals would take place next month.

UK Government 'disappointed' with vote against EU ETS backloading proposal

The UK Government has expressed its disappointment in yesterday's vote rejecting the European Commissions backloading proposal under the controversial EU Emissions Trading Scheme (ETS) but said it respects the views of MEPs.

European Parliament votes against EU ETS carbon back-loading proposal

The European Parliament has voted against a 'back-loading' of carbon emissions allowances under the EU Emissions Trading Scheme (ETS) today.

Investors losing confidence in EU ETS but cause for long-term optimism

The EU Emissions Trading Scheme (ETS) "no longer has a significant impact on emission reductions," according to one in five respondents to a carbon market survey.

Boarding a fuel efficient future

With six airlines and 150 aircrafts, TUI Travel has a significant environmental impact, but as the aviation sector looks to a sustainable future the travel company is aiming to operate the most carbon efficient airlines in Europe, according to Jane Ashton.

John Cridland: green will be new colour of economy

Economic growth 'no choice' but to be green - CBI

CBI director general John Cridland has said that the choice between going green and economic growth is a "false" one.

Compliance costs for global aviation sector forecast to fall in 2012

The cost to airlines joining the EU Emissions Trading Scheme (ETS) fell "significantly" this year to Euro505m, as a result of a struggling economy and could fall further if the full offset quota was used.

What lies beneath

Trapping CO2 underground is now a reality, and it seems a sensible proposition in the face of climate change. But putting the gas down below can allow companies to get access to even more fossil fuels. Mike Scott reports

The cap fits - it's time to wear it

Phase III of the EU's Emissions Trading Scheme will bring in stricter emissions caps in the name of fighting climate change. Merlin Hyman says it has to be done - despite dissenting voices from some quarters

Zero tolerance

Tough on carbon, tough on the causes of carbon, was the Government's stance - as it quietly announced that all new non-domestic buildings would have to be zero-carbon rated by 2019. Mark Lupton analyses the likely impacts of the ambitious target

How to get on top of the carbon league

A mandatory emissions-trading scheme, the Carbon Reduction Commitment, comes into force in 2010 and will target around 5,000 businesses. Sonya Bhonsle explains

A question of credibility

Carbon offsetting has ruffled the feathers of big businesses around the world. Different schemes have been mooted - some more dubious than others, says Mark Lupton

An unhealthy scepticism

Those who scaremonger on the costs of fighting climate change are not just jeopardising the environment, they are in fact ignoring a raft of financial opportunities, writes Merlin Hyman, director of the Environmental Industries Commission

Getting commitment on carbon

After 12 years, the Environment Industry Commission's message on climate change finally seems to be getting through, writes the organisation's director, Merlin Hyman. But there is still a lack of ambition

Beyond Kyoto

In Bali in December last year, the US finally agreed to get on track towards a binding agreement on climate change. But, asks Mike Scott, what has actually been achieved?

Carbon commitment 'lacks ambition'

The government's new Carbon Reduction Commitment aims to cut emissions from large non-energy-intensive organisations such as water companies. Merlin Hyman of the EIC analyses the scheme, which starts in 2010, and questions its efficacy.

Wising up to EMS

More and more businesses are turning to energy management to boost their profits. And those that aren't, need to get wise to this low-cost strategy, writes Jo Reeves

EIC: We must make economy more efficient

The government has already implemented a number of legislative and fiscal drivers directed towards sustainable production and resource efficiency.

Edie Environmental Legislation Summary (November 2005)

Recent changes to legislation which will impact on the environmental sector in the UK, Europe and internationally come under the spotlight in this Semple Fraser and Edie News monthly round-up of new law and policy. Among the developments this month we see new health and safety regulations for Britain's nuclear industry, legislation to slash solvents in paints and varnish, regulation to reduce hazardous chemicals in electronic goods and the formal adoption of an emissions trading scheme.

Calling all energy intensive small & medium sized European companies: Are you maximising profit and minimising costs in this brave new Kyoto era?

Melanie Barry, Head of Business Development at Carbon Capital Markets highlights emissions trading issues for the SME sector.

The green vote

So just how green are the main political parties? In this election special, Claire Monkhouse finds out

Turbulent times

Jonathan Isted and Robert Murphy find out why emissions regulations may mean a bumpy ride for the aviation industry

To the Nth degree

Environmental reporting is about to take on new meaning for growing numbers of organisations. Nick Cottam looks at the drivers behind the data

Tackling emissions

The government has admitted it is not set to meet its targets to cut carbon dioxide emissions. Elaine Coles, head of research at IMS Communications Group, reports

Just hot air?

Guy Turner, director of climate change strategy at Enviros Consulting, looks at the European emissions trading scheme in practice

Taxing policies

Shadow environment secretary Norman Baker MP speaks to Environment Business about the Liberal Democrats environmental agenda

Kyoto and beyond

Cathy Durston of Future Energy Solutions looks to the future of climate change mitigation

ETS - in or out?

A proactive approach can reduce carbon as a liability and potentially turn it into an asset, according to Rupert Edwards, CEO of Climate Change Markets

The Carbon Disclosure Project: Round Two

The Carbon Disclosure Project (CDP) was launched in December 2000 to facilitate institutional investor collaboration regarding climate change. Paul Simpson, project manager of CDP London explains how its formation and subsequent expansion reflects the growing concern by institutional investors about the strategic and financial implications of responding to climate change.

Energy for change

Sue Priest, managing director of Emissions Strategy Solutions, discusses her research into management attitudes to climate change mitigation

Energy for change

Sue Priest, managing director of Emissions Strategy Solutions, discusses her research into management attitudes to climate change mitigation

Energy for change

Sue Priest, managing director of Emissions Strategy Solutions, discusses her research into management attitudes to climate change mitigation

A conflicting conundrum

Nick Marshall, global product manager at BSI Management Systems, explains the problems of verifying emissions for the upcoming European trading scheme

Uncertain plans

EU emissions trading and the UK's draft National Allocation Plan leaves British business unsure of itself. Peter McCrum finds out why

Alternative fuel: the burning issue

Akbar Ali and Michael Crookes of solicitors, Davies Arnold Cooper, look at how British manufactures can facilitate the development of cleaner energy.

The future shape of carbon

Christopher Norton, of Baker & McKenzie's environmental law group, examines the allocation of carbon liabilities under the EU emissions trading scheme.

Alternative fuel: the burning issue

Akbar Ali and Michael Crookes of solicitors, Davies Arnold Cooper, look at how British manufactures can facilitate the development of cleaner energy.

EU-wide emissions trading moves closer

Claire Monkhouse from the IEEP looks at the latest developments at the European Commission

Carbon cuts make top of the league

Max Hall of WS Atkins describes the company's recently-launched carbon benchmarking tool which enables businesses to assess emissions performance

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