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Britain First to Backload Permits

Britain will be the first to cut the supply of European Union carbon permits on March 12, Reuters reports. Britain will cut the volume in its fortnightly auction of permits under the EU Emissions Trading System to 2.515 million units from March 12. Manufacturers have said they foresee a permit … Read more »

European Aviation GHGs ‘Likely to Fall 1.5% in 2013’

Greenhouse gas emissions from flights within Europe are likely to fall by around 1 million tons or roughly 1.5 percent this year, according to Bloomberg New Energy Finance. The drop should come as carriers bring newer, more fuel-efficient fleets online and pack their planes more tightly as a result of high oil prices, New … Read more »