NewsRack: 'Emissions Trading' news in 'Climate Change' topic for user Genecampaign

China opposes EU's aviation emissions levy (Cached)	18.5.2013	New Kerala: World News
Beijing, May 18 : China has opposed the European Union's (EU) unilateral decision to incorporate international flights originating from countries outside of the EU into its carbon trading scheme, reported Xinhua.
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Column: Carbon threshold crossed (Cached)	14.5.2013	Rediff: Business
While long term solution depends on each one of us altering our consumption patterns, the future depends on next generation technologists and entrepreneurs creating business models that naturally reduce the green house gas emissions.
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EU climate chief vows to save scheme	17.4.2013	Guardian: Environment
Connie Hedegaard's attempts to introduce longer-term reforms will face fierce opposition from a powerful business lobby Europe's climate chief vowed on Wednesday to fight on to save the EU's flagship environmental policy, the emissions trading system (ETS), after a serious blow on Tuesday when MEPs rejected reforms aimed at repairing the ailing system . MEPs voted 334 against to 315 in favour of "backloading" the market – a proposal aimed to reverse the plummeting price of carbon that has resulted from a surplus of permits in the ETS market – leading the price of carbon to fall by almost half to under €3 on Tuesday. Connie Hedegaard, EU commissioner for climate action, said: "We are preparing structural [longer-term reforms]. We will have new meetings for stakeholders, in parallel with an impact assessment. We are preparing an initiative." The proposals include measures to restrict rights to carbon permits under the system, and to allow for reviews of the number of permits companies ...
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The crowded chasm: the place of science in the Australian government \| Paul Harris	16.4.2013	Guardian: Science
Policymakers in Australia are developing more sophisticated approaches to science and evidence, says Paul Harris in his contribution to our series on science advice The lead-up to the last federal election was a time of unusually high drama for the Australian government. Just two months ahead of the poll, prime minister Kevin Rudd stood down after losing the support of his party, and was replaced by his deputy Julia Gillard . Bitter debate raged about the science and politics of climate change, with Rudd having retreated from a planned emissions trading scheme. And an ambitious public service reform agenda, driven by Rudd and the secretary of his department, Terry Moran, was parked while the focus shifted to campaigning and voting. In this context, the Australian Academy of Science issued a science policy election statement in August 2010. Among its priorities was an emphasis on the importance of science in government policy. According to the academy: "Relatively few Australian ...
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Failure to put climate on G8 agenda will cast a shadow on 'greenest government' \| Will Straw	10.4.2013	Guardian: Environment
The move may undermine our last hope for an international agreement that could avert catastrophic climate change On Wednesday, William Hague will host a meeting of foreign ministers from the G8 group of rich countries paving the way for a gathering of the countries' leaders in June. The existential threat presented by Iran and North Korea is on the agenda for both. But the real and present danger of climate change will not be discussed at the leaders' summit. It was recently revealed that David Cameron's adviser for Europe and global issues, Ivan Rogers, blocked moves from Germany and France to make climate change a G8 agenda item. This is short-sighted and risks undermining the last hope for an international agreement that could avert catastrophic climate change. According to Faith Birol, chief economist at the International Energy Agency, the world has just four years to implement the changes necessary to avoid a temperature increase above 2C. If we wait any longer, we will lock ...
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Carbon market experts favour simplified CDM procedures (Cached)	15.3.2013	New Kerala: India News

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Use of Renewable Energy in Telecom Sector (Cached)	6.3.2013	Govt of india: PIB
Use of Renewable Energy in Telecom Sector
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EU urged to revive flagging emissions trading scheme	15.2.2013	The Guardian -- World Latest
More than 30 large companies sign up to call for reforms ahead of key vote in European parliament next week Investors and a group of large businesses have urged the EU to revive its flagging emissions trading scheme (ETS), ahead of a key vote in the European parliament next week. Shell, General Electric, Kingfisher, Unilever and EDF were among more than 30 large companies signing up to call for reforms that would raise carbon prices and restore confidence in the scheme, which is meant to cut the EU's carbon output. The Institutional Investors Group on Climate Change (IIGCC), which represents investors and asset managers worth €7.5 trillion, also joined the call for reform. But the suggested way of improving the scheme – a short-term fix of holding back some carbon permits from sale – is complex and it is uncertain whether MEPs will pass the proposal when it comes before the environment committee next Tuesday. The emissions trading scheme has been on life support for months, as prices ...
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Australian politics cools off on climate change – even as the temperature rises	4.2.2013	The Guardian -- World Latest
The 2013 poll will pit rampant denialism against grudging action based on political expediency In 2007, a tyro Australian opposition leader called Kevin Rudd held a summit in which he labelled climate change the "great moral challenge of our generation" and, rather optimistically, added "we should be at a stage in this country where climate change is beyond politics". Within months, Rudd swept to power in a landmark election that deposed John Howard, the long-term conservative prime minister and climate-change curmudgeon. Australia, one of the world's leading per capita emitters and the foremost coal exporter on the planet , swiftly signed up to the Kyoto protocol , with the government promising its own cap-and-trade bill. But in 2013, Rudd's idealism on the issue of climate change now appears naive or even archaic.His emissions trading plan was abandoned in 2010, with Rudd himself ousted as prime minister after a $20m industry campaign against a proposed tax on mining . If 2007 was ...
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Should we stop worrying about the environmental impact of flying?	31.1.2013	Guardian: Environment
A University of East Anglia economist has provoked debate by arguing that flying within Europe has 'no impact on total emissions' It's long been a mantra among green-minded folk that greatly reducing - or even cutting out altogether - flights is an important step towards leading a carbon-lite lifestyle. After all, aviation is the fast-growing source of anthropogenic greenhouse gases, as well as being the most polluting form of transport per passenger kilometre travelled . I have, quite literally, written a whole book on the subject. But this has always been a hard sell. The modern era of "cheap" flights has rapidly allowed a generation (well, more accurately, a wealthy quotient within it) to become, some would say, "addicted" to the hypermobility that aviation allows: a weekend break in Prague; weekly commutes across continents; long-distance relationships; second homes located close to regional airports. Understandably so, people have sought all manner of ways to justify their flying, or, ...
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German firm TUV SUD to manage validation of Indian CDM projects (Cached)	22.12.2012	New Kerala: India News

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Old king coal to challenge oil's dominance, says IEA	18.12.2012	The Guardian -- World Latest
Agency predicts further rise in coal use due to fall in price and failing EU emissions trading scheme, threatening green targets Coal is likely to rival oil as the world's biggest source of energy in the next five years, with potentially disastrous consequences for the climate, according to the world's leading authority on energy economics. One of the biggest factors behind the rise in coal use has been the massive increase in the use of shale gas in the US. Coal consumption is increasing all over the world – even in countries and regions with carbon-cutting targets – except the US, where shale gas has displaced coal, shows new research from the International Energy Agency (IEA) . The decline of the fuel in the US has helped to cut prices for coal globally, which has made it more attractive, even in Europe where coal use was supposed to be discouraged by the emissions trading scheme . Maria van der Hoeven, executive director of the IEA, said: "Coal's share of the global energy ...
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EU pushes for Kyoto protocol deal as climate talks wind down	8.12.2012	Guardian: Environment
Most key points resolved as delegates strive to reach agreement on 'loss and damage' compensation for poor nations The EU remains hopeful of securing a deal to rescue the Kyoto protocol as climate change talks dragged on into Saturday evening in Qatar, where 195 countries have gathered to thrash out a new deal on greenhouse gas emissions. Most of the key issues have been resolved, including a last-minute legal hitch affecting Poland. However, one sticking point emerged when Russia and Ukraine tried late in the day to reopen negotiations on the agreed text. Ministers were trying frantically to resolve the problem, which centred on so-called "hot air" – carbon credits issued under the Kyoto protocol to Eastern Bloc countries, based on their 1990 emissions. As their emissions crashed along with their inefficient industry after the fall of communism, these countries now have an excess of credits they want to be allowed to keep and sell. Other countries argue this would remove the ...
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Climate change will mean more malnourished children, experts warn	5.12.2012	Guardian: Environment
Food prices set to more than double if climate change not checked and developing countries not helped to adapt farming Food prices will more than double and the number of malnourished children spiral if climate change is not checked and developing countries are not helped to adapt their farming, food and water experts warned on Tuesday at the UN climate talks in Doha. As the UK energy secretary, Ed Davey, and ministers from 194 countries arrived for the high-level segment of the talks , the UN's Committee on World Food Security said the world would need a 75-90% increase in food production to feed the extra 2 billion people expected to be alive in 2050. But climate change could reduce yields worldwide by 5-25% over the same period. "The poor are especially vulnerable. Climate change will increase the number of malnourished children substantially. Smallholder farmers will be particularly hard hit," said Gerald Nelson, a spokesman for the high-level panel of experts convened by the ...
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Carbon credits row could derail UN climate talks, says Brazil	2.12.2012	Guardian: Environment
Head of Brazilian delegation says countries should not be allowed to carry over credits into second round of Kyoto protocol Brazil has said a row over carbon credits could derail the United Nations climate change negotiations taking place in Qatar this week. The row concerns whether countries entering the second round of the Kyoto protocol should be allowed to carry over emissions credits from the first phase. Some countries, including Poland, Ukraine and Russia, have large surpluses of credits, generated because their carbon output collapsed alongside their industrial base after the fall of communism. These credits are derided as "hot air" by critics because they represent greenhouse gases already reduced many years ago, rather than new efforts. André Corrêa do Lago, head of the Brazilian delegation, told the Guardian: "The second phase has to have environmental integrity, and you will not have that if countries are allowed to carry over [the credits]. The second period will be ...
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Obama fails first climate test by rejecting EU aviation carbon regime	28.11.2012	Guardian: Environment
President disappoints campaigners by signing bill into law that exempts US airlines from European carbon trading scheme Barack Obama signed a law on Tuesday excluding US airlines from the European Union's carbon trading scheme and delivering a blow to campaigners' hopes for stronger climate action during the president's second term. Environmental campaigners had urged Obama to veto the aviation bill as a sign of his commitment to fighting climate change in his second term. The White House said in a statement that Obama still saw climate change as a priority but that he disagreed with subjecting US and other foreign airlines to the EU emissions trading scheme. "The Obama administration is firmly committed to reducing harmful carbon pollution from civil aviation both domestically and internationally," a White House statement to reporters said. But "the application of the EU ETS to non-EU air carriers is the wrong way to achieve that objective". The White House said the Obama ...
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Climate change talks: Has India Inc lost hope? (Cached)	27.11.2012	Rediff: Business
There is definitely lack of active participation from the industry, primarily due to the poor performance of the carbon credit market and the general negative sentiment in the economy.
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Global warming fails to hot up carbon credits market (Cached)	23.11.2012	Rediff: Business
After a prolonged slide, the price of each well below a euro, a 95% fall in 4 years, with no relief in sight.
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Can I fly with a clear conscience? \| Ethical living	18.11.2012	Guardian: Environment
I'd like to travel by plane, but it seems iniquitous that air fares are so low. Can you offer me any reasons why I might fly with a clear conscience? It is time for the aviation industry to pay the ferryman. Hitherto flying has soared above climate change regulation but from 30 April 2013 the EU dictates that it must sign up to emissions trading. In common with other heavily polluting industries, this means putting a cap on CO² emissions for planes arriving or departing from EU airports. Airlines would trade in pollution permits on an aviation carbon market. The theory is that fleets that are low carbon would be rewarded and this would incentivise airlines to invest in eco-friendly fleets. OK, so this is no tax on aviation fuel and there's plenty of turbulence to come – industry lobbyists are battling like fury to water down legislation, and outside the EU some carriers are refusing to report their emissions. (Preposterously, China claims dispensation on account of being a developing ...
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UK makes biggest emissions cuts in Europe	24.10.2012	The Guardian -- World Latest
The UK has over-achieved on Kyoto protocol goals for last year, while Spain and Italy are in danger of missing their targets The UK cut greenhouse gas emissions by more than any other European country last year, over-achieving on targets under the Kyoto protocol on climate change . Some of the reduction was owing to milder weather and an increase in renewable energy generation, but the sluggish economy is also likely to have contributed. France and Germany also made sizeable cuts in emissions, but Spain and Italy are lagging and are in danger of missing their Kyoto targets, according to figures released by the European Environment Agency on Wednesday. The EU as a whole will meet its target under the 1997 treaty , which requires developed countries to cut their emissions by a total of just over 5% from 1990 levels by the end of 2012. Currently, EU member states are the only major countries pledging to continue the Kyoto protocol beyond the end of this year, when its current provisions ...
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