Emissions Trading Scheme

Industry may fork out up to €10.4bn by 2020 under scheme to charge carriers per tonne of CO2 for flights in and out of Europe

But DECC says it will boost efforts to cut carbon as economy picks up

The EU may be forced to compromise plans to pull airlines into its emissions trading scheme, says IDEAcarbon's Matthew Gray

John Aitken of SEAaT argues an emissions trading scheme is the best way for the global shipping industry to become sustainable

Carbon now expected to cost €12/t at the end of 2011 and €24/t on average over Phase 3 of EU Emission Trading Scheme

Jose Manuel Barroso praises Julia Gillard's plans to have cap-and-trade scheme in place by 2015

Germany's biggest bank accused of leaving the door open for tax evasion as Deutsche denies any wrong-doing

Six men appear in German court accused of evading more than €200m in carbon credit VAT

UK Chamber of Shipping proposes worldwide carbon trading or fuel levy as preferable to inclusion in EU's cap-and-trade scheme

EU emissions trading scheme is not suitable for shipping, says trade association