This Weeks Carbon Market Headlines

Thursday, 30 Jan, 2010 0

 

Airlines and governments for and against EU-ETS, motorcycles and other vehicles face extra charges.
 
Kenya Airways in EU environment scheme
National carrier Kenya Airways will now be able to monitor and control the amount of air pollutants that it releases as it enhances its efforts to conserve and protect the environment.
 
UK Government vows to fight US airlines’ emissions trading legal challenge
The UK government has this week referred a legal challenge from a group of US airlines against their planned inclusion in the European Emissions Trading Scheme to the European Court of Justice, vowing to vigorously contest the case and expressing full confidence
 
Motorcycles face EU clampdown on emissions
Motorcycle manufacturers face a clampdown on air pollution and climate-warming emissions in the European Union, and the industry says it is ready for pan-European rules.
 
China to tax vehicle emissions
Drivers in China may be taxed on the level of emissions produced from their vehicles in the future, according to an official with Beijing Development and Reform Commission.
 
 
Surplus of Bulgarian EUAs could flood market
Bulgaria is the last remaining country under the European Union Emissions Trading Scheme yet to have its installations connected to the Community Independent Transaction Log.
 
Zero Carbon schools to be piloted across UK
The UK government yesterday announced ambitious plans to slash carbon emissions from the nation’s schools, promising to cut emissions from new schools by 80% compared to a decade ago and ensure that all schools publish information on their energy use.
 
Local Carbon Framework pilots named
Local Government Chronicle Jan 29 2010 7:00AM UTC  www.lgcplus.com/news/local-carbon-framework-pilots-named/5010925.article
UK Communities secretary John Denham has approved nine pilot programmes aimed at exploring ways to reduce carbon emissions.
 
PNG landowners wary of Australian carbon traders
Radio New Zealand International Jan 29 2010 6:52AM UTCwww.rnzi.com/pages/news.php
The chairman of a Papua New Guinea incorporated landowner group says his collective is considering very carefully the issues around carbon trade before entering any deal.
 
Seoul to test-run carbon trading system
Seoul City will begin test-operating a carbon emission trading system in April in a bid to contribute to reducing greenhouse gas emissions.
 
US sets 17% carbon emissions reduction target
The United States today officially stated a goal to cut carbon emissions by 17% by 2020 off 2005 levels, in a submission to the United Nations as part of last month’s Copenhagen meeting.
 
EU to stick with 30% conditional carbon target
As widely anticipated, EU member states have agreed to retain their commitment to cut carbon emissions by 30% on 1990 levels by 2020 if other large emitters make similarly ambitious pledges to curb emissions as part of any international climate change
 
EU backs climate change report despite flaws
The European Union says it has "full confidence" in a key United Nations climate change study after its authors apologized for mistakes.
 
 
Acciona to sell carbon credits from Oklahoma wind farm
Recharge Jan 29 2010 6:46AM UTC www.rechargenews.com/energy/wind/article204664.ece
Renewable energy giant Acciona has registered to sell carbon credits from its 123MW Red Hills wind park under the voluntary carbon standard.
 
 
Environmental group sues California to halt logging
The Center for Biological Diversity suit alleges a state agency OKd clear-cutting on 5,000 acres without properly analyzing carbon emissions and climate consequences.
 
 
U.S. firm buys stake in Alberta’s top carbon offset company
Element Markets of Houston has taken an equity stake in Agri-Trend Aggregation Inc., Alberta’s leading aggregator of agriculture carbon offsets.
 
US Senator vows action on climate change
A US Senator leading efforts to pass legislation to battle climate change said supporters of the measure were "not scaling back" their efforts despite an election setback for the White House.
 
Obama urges Congress to move on climate
US President Barack Obama urged the Senate to "advance" work on climate change, while acknowledging deep disagreement on a bill to cap carbon emissions blamed for global warming.
 
Landmark SEC ruling calls on firms to disclose climate impacts
In a landmark ruling that could have a major impact on many firms’ climate change strategies, the US Securities and Exchange Commission yesterday stepped up the pressure to disclose climate-related risks and opportunities as part of their annual
 
Kentucky greenhouse-emission growth is worst in nation, panel told
Kentucky’s greenhouse gas emissions are increasing at twice the rate of the rest of the nation, according to a draft inventory prepared for state environment officials.
 
No new tax for climate change policy, says Abbott
ABC News Jan 29 2010 7:06AM UTC www.abc.net.au/news/stories/2010/01/29/2804718.htm
Australian opposition Leader Tony Abbott has ruled out funding the Coalition’s new climate change policy with any new tax increases.
 

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