Carbon Trading

Environment commissioner claims emissions trading is "yielding results" after emissions from firms covered by ETS climbed just 0.68 per cent in 2007

But concerns remain over Carbon Reduction Commitment's failure to account for renewable energy

Defra identifies reputational risk as key factor behind success of carbon reduction commitment

But argues carbon cap-and-trade and Chinese government offer cause for hope

Environment minister plans campaign to educate firms over upcoming legislation

Support for Japanese cap-and-trade schemes gathers momentum

Carbon trading firms shells out £27m for renewable energy project specialist

Report claims global voluntary carbon offset market worth $331m last year

Defra report says scheme would be too unpopular and set-up costs would outweigh financial gains

Business leaders urge government to reinvest revenue raised from carbon credit auctions in green initiatives