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Shipping Emissions Rules Approved

Ship owners will, for the first time, have to monitor carbon emissions from ships of more than 5,000 gross tons under a European Union law approved last week, the Guardian reports. The law takes effect on Jan. 1, 2018. It doesn’t include shipping in the EU’s Emissions Trading System, but … Read more »

EU Exempts Long-Haul Flights from ETS Until 2017

The European Parliament yesterday postponed, to 2017, the date by which the EU’s Emissions Trading System will apply to the entire length of flights in and out of Europe. The 458-120 vote brings three decades of contentious negotiation to a close, Reuters reports. EU rules bringing aviation into the ETS, with … Read more »

Policy & Enforcement Briefing: GHG Reporting, CDM ‘Coma,’ SC May Sue Feds

The EPA is amending the Greenhouse Gas Reporting Rule to implement technical corrections, clarifications and other amendments, including revisions to global warming potentials for certain greenhouse gases. The agency’s action also establishes confidentiality determinations for the reporting of new or substantially revised data elements. The UN’s Clean Development Mechanism offset market will likely remain “in … Read more »

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Carbon Prices Rise on EU Backloading Vote

The European carbon market is breathing a little easier after the continent’s parliament passed a price-boosting measure one year in the making. On Wednesday lawmakers voted 344 to 311 for the “backloading” bill, which would hold about 900 million allowances off the market, and the initial reaction was positive, with … Read more »