The International Civil Aviation Organisation (ICAO), a UN agency, decided on Friday (4 October) to press ahead with plans to make its own emissions offsetting scheme the only option available to its 193 member states.
The European Parliament voted on Tuesday (13 November) a set of three clean energy laws for 2030, including binding targets for renewable energies, an indicative objective on energy savings and a separate text on the governance of the Energy Union.
Poland has some of the worst air quality in the EU. But fighting smog is expensive. The Modernisation Fund set up as part of the Emissions Trading Scheme could help here, writes Joanna Maćkowiak-Pandera.
EU carbon prices are set to double by 2021 and could quadruple to €55 a tonne by 2030 if the European Union aligns its emissions targets with the Paris Agreement on climate change, according to a new report published on Thursday (26 April).
China launched what will become the world’s largest carbon market on Tuesday (19 December), surpassing the EU’s flagship market mechanism to cap and trade emissions. The scheme is part of a host of major policies China is using to peak its GHGs by 2030.
Carbon markets have become a vital piece of common ground for defenders of the climate. The tool is gradually extending around the world, bringing with it higher revenues. EURACTIV France reports.
French and German NGOs have asked Brune Poirson and Jochen Flasbarth – state secretaries for the environment in France and Germany, respectively - to make the tandem “the engine of an ambitious European climate policy.”
EU negotiators are split over the uses of a new clean technology fund ahead of talks on carbon market reforms on Wednesday (8 November), with the bloc keen for a deal this week to show leadership at UN climate talks in Bonn.
The European Parliament and several member states, including France, have excluded new coal plants from future financing under the EU’s reformed carbon market. EURACTIV France reports.