Emissions Trading Scheme articles

Emissions Trading Scheme (ETS) - Emissions Trading or cap-and-trade schemes aim to drive investment in clean technologies by putting a price on greenhouse gas emissions. Economists argue they represent one of the most efficient means of decarbonising economy as they allow market forces to determine the most cost effective means of cutting emissions. Cap-and-trade schemes such as the flagship EU ETS set an emissions cap that businesses cannot exceed and issue or sell firms with emissions allowances to cover their carbon footprint. Firms that go over the cap have to purchase additional emissions allowances, while those that operate below their cap can sell their excess allowances to others, providing companies with a clear financial incentive to stay within their emissions limit.

Latest - Emissions Trading Scheme

EU confirms two per cent reduction in ETS emissions

Official figures show surplus of EU allowances doubled last year to almost two billion

Have your say 16 May 2013

Report: South Korea to launch world's most ambitious carbon trading scheme

Bloomberg New Energy Finance predicts price of carbon in South Korean scheme could hit $90 a tonne

Have your say 14 May 2013

Ed Davey hits out against coalition climate change sceptics

Energy and climate change secretary will use a major speech at Clarence House to promise stronger action on global warming

Have your say 08 May 2013

Do green businesses really want corporate dinosaurs acting in their name?

BusinessEurope's increasingly blatant lobbying against ambitious action on climate change cannot be allowed to pass unchallenged

Have your say 08 May 2013

Backloading back from the brink? Second vote expected in early July

MEP reveals that second major vote on plan to reform EU carbon market likely within weeks

Have your say 07 May 2013

Merkel raises hopes for EU carbon fix

German Chancellor calls for action to be taken in September to tackle low price of carbon

Have your say 07 May 2013

EU companies submit 500 million UN carbon permits in 2012

Record amount is lower than analysts expect as total surrendered for Phase 2 tops one billion

Have your say 03 May 2013

Backloading vote was bad for business, bad for London, and bad for UK credibility

Will Straw argues the government has made a grave error in failing to stop Tory MEPs from crippling the EU carbon market

Have your say 02 May 2013

Did your company inadvertently help wreck the EU emissions trading scheme?

BusinessEurope's claim that 'European business opposes the ETS backloading' has left many executives furious at the lobby group's attempt to underplay divisions over how to save the carbon market

Have your say 30 Apr 2013

The UK's lost emissions: globalisation or lost investment?

Gareth Stace on why the EEF takes issue with the Committee on Climate Change's assertions that industry has little to fear from carbon policy

Have your say 26 Apr 2013

CBI: Europe must "redouble efforts" to save carbon market

Rhian Kelly: "We believe the ETS, despite its detractors, must remain the cornerstone of the EU's climate change policy"

Have your say 24 Apr 2013

Clinging to a climate of optimism

It has been a tough few days for those businesses committed to building a sustainable future, but succumbing to environmental defeatism is not an option

Have your say 23 Apr 2013

Will the European Parliament throw its emissions trading scheme a lifeline?

Second European Parliament vote likely for June, as head of environment committee aims to bring forward compromise proposals

Have your say 23 Apr 2013

China and India talk up plans for national climate action

China confirms it is moving forward with carbon market plan as India's prime minister vows to double renewable energy capacity within four years

Have your say 19 Apr 2013

How a new carbon standard seeks to benefit women worldwide

Newly launched Women's Carbon Standard promises to combine environmental benefits with improvements to women's lives

Have your say 19 Apr 2013

Europe's climate chief vows to fight on to save emissions trading scheme

Connie Hedegaard's attempts to introduce longer-term reforms will face fierce opposition from a powerful business lobby

Have your say 18 Apr 2013

EU climate policy urgently needs national champions

European Parliament's vote against carbon market reforms shows strong domestic action is more important than ever, argues WWF's Nick Molho

Have your say 17 Apr 2013

Where now for the EU ETS?

Investors association warns many MEPs have not only voted for questionable short-term gains, but also for "certain longer-term pain in the form of higher costs for European Industry"

Have your say 17 Apr 2013

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