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How to Manage Carbon Emissions — and Carbon Policy — Across the Value Chain

How to Manage Carbon Emissions — and Carbon Policy — Across the Value Chain

Carbon pricing, in the form of a carbon tax or a cap-and-trade system, is used by businesses and governments all over the world to cut greenhouse gas emissions and, according to proponents, grow the economy. Critics say the opposite is true, but more on that later. Carbon pricing pushes companies … Read more »

Study: EU Can Cut Carbon by Nearly Half

Study: EU Can Cut Carbon by Nearly Half

The European Union can achieve carbon reductions of 49 percent by 2030 – far more than the current proposed target of 40 percent – by cutting its dependency on natural gas imports and increasing cost-effective investments in renewable energy and energy efficiency, according to an analysis released yesterday by Ecofys. … Read more »

California sky

California to Issue First Carbon Offset Credits

The California Air Resources Board (CARB) says it will issue the first compliance offset credits eligible for use in California’s cap-and-trade greenhouse gas emissions reduction program by the end of the month. The first batch of 600,000 offsets includes a combination of early action projects and compliance offset projects. Carbon … Read more »

Golden Gate Bridge

Ecofys-Led Consortium Develops Product-Level GHG Benchmarks

An Ecofys-led consortium has helped the California Air Resources Board (CARB) establish product-level greenhouse gas emission benchmarks for various production processes. The benchmarks will be used to determine the amounts of free emission allowances for individual plants in the California cap-and-trade program, the energy and climate consultancy says. In addition … Read more »

EU Carbon Market Surplus Squeezing Climate Goals

EU Carbon Market Surplus Squeezing Climate Goals

A surplus of Emissions Trading Scheme (ETS) carbon permits will require  the European Union to cut emissions by an extra 7 percentage points to meet its 2030 climate goals, according to a report by environmental research company Ecofys. The report, the Next Step in Europe’s Climate Action: Setting Targets for … Read more »