sustainable thinking

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

Green energy industry joins forces to launch election wishlist

Six trade bodies call for greater support ahead of 2015 vote, setting parties six 'key tests' of their clean energy commitment

Have your say 07 Sep 2014

EU mulls €30bn low carbon fund for industry and member states

Draft proposals reportedly suggest increased support to help poorer member states and heavy industry meet 2030 climate goals

Have your say 02 Sep 2014

Report: China national carbon market on track for 2016 launch

Citing senior government official, Reuters reports legislation to underpin world's largest national carbon market expected to be finalised this year

Have your say 02 Sep 2014

Carbon prices to average €23 in the 2020, analysts say

But Thomson Reuters predicts without emissions trading scheme reform and 2030 climate targets EU Allowances may remain at €14

Have your say 01 Sep 2014

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

Have your say 27 Aug 2014

Manufacturers warn carbon costs will force them out of Europe

Industry organisation EEF calls for greater protection for energy intensive industries from cost of decarbonisation

Have your say 22 Aug 2014

Davey renews calls for an end to "unhealthy low" carbon prices

UK government publishes position paper on Emission Trading Scheme reforms calling for the cancellation of an 'ambitious volume' of excess allowances

Have your say 17 Jul 2014

Tony Abbott: Not very repealing

Tony Abbott's ongoing failure to repeal Australia's carbon tax contains a serious message on the general direction of global climate policy

Have your say 11 Jul 2014

Lord Stern: Economists are underestimating costs of climate change

New report calls for price on carbon of up to $103 a tonne from next year

Have your say 16 Jun 2014

Lagarde calls for carbon pricing action

Head of the International Monetary Fund urges central bankers to take steps now to deliver carbon pricing mechanisms

Have your say 13 Jun 2014

Global carbon markets worth $30bn, World Bank finds

Over 60 systems now cover 12 per cent of global emissions, but report warns "steady" progress is at risk from lowering of ambition

Have your say 28 May 2014

Carbon exchanges optimistic at prospects for a 2015 climate deal

New survey by International Emissions Trading Association calls on EU to set ambitious 2030 carbon cutting target

Have your say 28 May 2014

Carbon market continues faltering march into the mainstream

Survey of market stakeholders finds strong support for emissions trading system, but questions remain over its role in driving green growth

Have your say 23 May 2014

EU countries seek to protect more industries from 'carbon leakage'

European Commission unveils list of 175 industries that could receive carbon trading support through to 2019

Have your say 07 May 2014

EU accused of "compromise too far" as it ditches aviation emissions rules

European Parliament approves plan for airlines to only submit carbon allowances for flights between EU airports

Have your say 03 Apr 2014

EU carbon price rides the "rollercoaster" as emissions fall

New figures from Thomson Reuters Point Carbon estimate EU industrial emissions fell 3.1 per cent last year, prompting carbon market bullishness

Have your say 02 Apr 2014

David Cameron's EU performance tomorrow is more important to the UK's future than the Budget

Matthew Spencer and Nick Mabey argue the really critical long term policy signals for the green economy will not be found in the Chancellor's red box

Have your say 19 Mar 2014

EU rows back on aviation emissions charges

Campaigners urge MEPs to reject new proposal where airlines would only have to submit carbon allowances for flights between EU airports

Have your say 05 Mar 2014

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