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European parliament

European Parliament Sets Timetable for Post-2020 EU ETS Reforms

The European Parliament has established a timetable to facilitate the agreement on post-2020 European Union Emissions Trading System (EU ETS) reforms by the end of […]
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Big Ben, London

U.S. Proposes Backup Plan for International Carbon Trading

According to a source with knowledge of the matter, the United States is putting forward a proposal for the establishment of international carbon-trading markets. This […]
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Reichstag Building Berlin

Germany Advocates for New Carbon Market to Strengthen Inadequate Climate Pledges

According to a German government official, climate negotiators are likely to discuss the establishment of a new carbon market at the United Nations summit in […]
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birds eye view of clouds with wind turbines in a wind farm

Wind Power Now Cheapest Electricity Source in Germany, UK; US Shifts to Renewables.

Wind power has now become the cheapest source of electricity in both Germany and the UK, even without government subsidies, marking a significant milestone in […]
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Brandenburg Gate Berlin

German Government Abandons Plan to Force Older Coal Plants to Purchase EUA Allowances

The German government has decided against its initial plan to require older coal-fuelled power plants to purchase additional EUA allowances in order to meet the […]
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Parthenon, Athens

Carbon Prices Experience Sharp Decline as Greek Crisis Causes Turmoil in Global Markets

On Monday morning, the carbon prices faced a significant setback, dropping by 20 cents to reach an intraday low of €7.25 on the December 2015 […]
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wind turbines in a wind field

Anticipating EUA Price Rise, Industrial Companies Consider Strategy Change

Industrial companies are contemplating a shift in their approach by considering earlier purchases of carbon permits to hedge against future financial risks, as suggested by […]
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European flags in front of building

European Commission Review to Shape Future of EU ETS

The upcoming European Commission review of the European Union Emissions Trading System (EU ETS) in July marks the beginning of the process to establish additional […]
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Gateway Of India, Mumbai

Merkel Seeks Global Emissions ' Bloomberg

Angela Merkel Calls for Global Emissions-Trading System to Combat Climate Change German Chancellor Angela Merkel is advocating for a global emissions-trading system as a means […]
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South Korea flag with trees and buildings in the background

Emerging Carbon Market: South Korean ETS

South Korea's Emissions Trading Scheme (ETS) has been operational since January 1, 2015, with the goal of being the primary policy to reduce the country's […]
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