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EU court declares invalid ETS free allocation for 2013-2020

Europe’s highest court has ordered a recalculation of free ETS allocations to 2020, a move expected to raise costs for heavy industry by cutting its […]
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European Commission Launches Public Consultation on Market-Based Measures for Aviation Emissions

The European Commission has initiated a public consultation to explore policy options for using market-based measures (MBMs) to reduce CO2 emissions from international aviation. The […]
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European Union Explores Global System of Linked Carbon Markets

Maros Sefcovic, the European Commission Vice President for Energy Union, has expressed the European Union's willingness to collaborate with international partners in developing a global […]
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Drax EU Emissions Allowances Purchase Drops as It Shifts to Biomass

UK utility company Drax reported a 20.5% decrease in its purchase of EU emissions allowances (EUAs) in 2015, reflecting its ongoing transition from coal to […]
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Gas-Fired Power Plants in Europe Regain Profitability as Gas Prices Drop

Natural gas-fired power plants in Europe are becoming profitable again as falling gas prices improve their competitiveness. German gas-fired plants recorded positive profitability on December […]
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European Carbon Prices Hit Six-Month Lows Amid Unexpected Selling Pressure

European carbon prices experienced a sharp decline on Thursday, reaching six-month lows, as a significant amount of supply flooded the market, catching participants off guard. […]
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The COP21 Paris climate deal in the making

The Paris agreement will not be sufficient to halt global warming. But it might be a start. A myriad of diplomats and politicians, businesses and […]
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Exxon Mobil, Dow Chemical, and OMV Likely to Lose Challenge against EU Carbon Allowance Decision

Units of Exxon Mobil Corp., Dow Chemical Co., and OMV AG are likely to lose their challenges against a 2013 European Union decision to reduce […]
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Global Coal Consumption Set for Record Decline as Countries Pursue Renewable Energy

Coal consumption is on track for its most significant decline in history, primarily driven by China's efforts to combat pollution, implement economic reforms, and promote […]
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UK dismisses Indian airline’s second appeal over EU ETS non-compliance

By Mike Szabo October 23, 2015 The UK government has dismissed a second appeal from an Indian airline over ETS compliance, this time over a […]
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