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Search Results for: "emissions trading scheme"

Australia, Europe Link Emissions Trading Systems

European climate commissioner Connie Hedegaard and Australian climate change minister Greg Combet today announced that Australia and Europe will link their emissions trading systems, which will allow businesses to use carbon trading units from either trading scheme for compliance under either system. A full two-way link between the two cap ... Read more »

United Airlines Sustainability Report: Airline 2.3% Less Fuel Efficient Than in 2010

From 2010 to 2011 United Airlines’ fuel efficiency dropped 2.3 percent, according to the country’s 2011 sustainability report. In 2010 the company used 0.155 gallons of fuel per revenue ton mile, and in 2011 this figure increased to 0.159. However, United says that it currently leads US carriers in this ... Read more »

Policy & Enforcement Briefing: MATS Technical Review, EU ETS, Chevron Spill

The EPA is reviewing technical information on pollution limits for new power plants under the Mercury and Air Toxics Standards, based on new information provided by industry stakeholders after the rule was finalized. The agency said that the review will provide more information to evaluate five planned facilities, in Georgia, ... Read more »

Policy & Enforcement Briefing: Nevada Geothermal, JPMorgan Chase, CARB, New Zealand ETS

An internal audit of Nevada Geothermal Power, the recipient of a $98.5 million federal loan guarantee for its 49.5 MW Blue Mountain geothermal power project (pictured), has brought into questions the company’s solvency ahead of a July 24 shareholders meeting. The company has $98 million in net losses and cannot ... Read more »

GlobalData Forecasts Increasingly Volatile Carbon Market

The price of carbon credits traded in regional and national emissions markets worldwide will become increasingly volatile and difficult to accurately forecast through 2015, according to a report by GlobalData. GlobalData said the prolonged European sovereign debt crisis, a glut of carbon credits and uncertainties under the Kyoto Protocol are ... Read more »

Policy & Enforcement Briefing: Duke on Carbon Pricing, Energy Efficiency, MATS Battles

The CEO of Duke Energy, the third-largest electric utility in the US, has said that nationwide carbon pricing is “inevitable,” Point Carbon reports. Jim Rogers also told attendees of a Hamilton Project-Stanford University energy policy forum that natural gas expansion should not come at the expense of solar and wind ... Read more »

China Threatens to Impound Aircraft Over EU Emissions Policy

China says it will take counter-measures that could include impounding European aircraft if Chinese airlines are penalized for not complying with the EU’s cap-and-trade scheme. The China Air Transport Association issued the ultimatum Tuesday in response to EU climate commissioner Connie Hedegaard’s warning that carriers had until the end of ... Read more »

Policy & Enforcement Briefing: UNEP GEO-5, EU Aviation Scheme, EU ETS, EU Auto Emissions Standards

The United Nations environment agency warned that the world continues on its unsustainable path in spite of hundreds of agreed-upon environmental goals in its fifth Global Environmental Outlook report. UNEP assessed 90 of the most important environmental goals and objectives and found that significant progress had only been made in ... Read more »

Policy & Enforcement Briefing: Bonn Climate Talks, New Zealand ETS, IRIS Review

UN climate chief Christiana Figueres said that country delegates who agreed on the Durban Platform for Enhanced Action, a process to develop a new GHG emissions reduction protocol by 2015, should set targets this year to make sure the process sticks to schedule. A working group on the Durban Platform ... Read more »

Policy & Enforcement Briefing: Keystone XL, Korea ETS, Fracking Rules, Clean Energy Standard

TransCanada is expected to reapply for its US permit to build the Keystone XL pipeline as soon as today, with a new route planned through Nebraska. The company has previously disclosed plans to construct a segment from Cushing, Okla., to Port Arthur, Texas, which does not require a presidential permit, ... Read more »


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