The growing importance of the EU Emissions Trading System

Derided for a decade for its ineffectiveness, this European emissions trading mechanism is now taking on a new significance writes Philippe Escande in an article on Le Monde website.   Climate: 'The EU emissions trading system is now proving relevant' It can take a lot of patience, experimentation and tenacity to see a good idea … Continue reading The growing importance of the EU Emissions Trading System

The EU’s new carbon market includes a reformed Emissions Trading System (ETS)

The European Union has negotiated its "biggest climate law" ever. With emitters forced to pay more, billions of euros are expected to go toward a climate social fund. Tim Schauenberg takes a closer look in an article on the Deutsche Welle website.   EU reforms Emissions Trading System: What you need to know The European … Continue reading The EU’s new carbon market includes a reformed Emissions Trading System (ETS)

Bold new initiative from European Commission to address carbon emissions

Andrew Warren, Chairman of the British Energy Efficiency Federation writes about a bold initiative to meet head on the inherent trade incompatibility caused by unpriced emissions from companies outside Europe. The column was in the May 2021 issue of Energy in Buildings & Industry.   The EU’s new tool to create a level playing field … Continue reading Bold new initiative from European Commission to address carbon emissions

Understanding the EU Emissions Trading System (ETS)

We must reduce GHG emissions to net zero by 2050 to have a reasonable chance of limiting global warming to 1.5C. Human activities - mainly the burning of fossil fuels - are currently emitting far too much CO2 every year. One approach to reducing CO2 emissions is emissions trading – it is carrot-and-stick: emitters of … Continue reading Understanding the EU Emissions Trading System (ETS)

Brexit fallout: When Britain leaves the European emissions trading scheme, the proposed new tax could make a mockery to the country’s claim to be a world leader against climate change

Andrew Warren, in his September column to Energy in Buildings & Industry, discusses the planned new tax to replace Britain being in the European emissions trading scheme.   Why this new tax could increase emissions All UK companies are almost certain shortly to cease participating in the European emissions trading scheme (EU:ETS). Should no formal … Continue reading Brexit fallout: When Britain leaves the European emissions trading scheme, the proposed new tax could make a mockery to the country’s claim to be a world leader against climate change

Impact of EU carbon policy on support for energy savings and renewable energy

Trading System (EU ETS). We have another article by Laurens de Vries and Jörn Richstein published by the Huffington Post UK that raises even more concerns about EU ETS.   Why EU's carbon policy discourages subsidies for energy savings and renewables Brussels has just launched a major policy diplomatic offensive aimed at securing a global … Continue reading Impact of EU carbon policy on support for energy savings and renewable energy