Brussels, 14 November 2012. Today, the European Commission published “The state of the European carbon market in 2012”. The report estimates the EU Emissions Trading Scheme (ETS) is oversupplied by up to 2 billion allowances. International offset credits account for three quarters or more
Scroll down for French and Spanish The European Union Emissions Trading Scheme (EU-ETS) is the largest cap-and-trade scheme in the world. The EU-ETS regulates about half of EUs CO2 emissions. It includes more than 11,000 factories, power stations, and other installations in 30 countries—all 27 EU member states plus Iceland, Norway,
Wind power can be a great source of renewable energy, but if put in the wrong place it can have considerable negative impacts on local livelihoods and resources. This article tells how local eco-restoration efforts were annihilated by the installation of a wind park
Carbon markets are in the dumps and the future for these so called “flexible mechanisms” is grim. It’s no wonder carbon markets are collapsing; we don’t need them because weak pledges and the economic crisis are reducing emissions for us. The next international climate
The European Union is considered a leader in the international negotiations on climate change. Its main instrument to cut greenhouse gases (GHGs) from industrial emitters is the European Emissions Trading Scheme (EU ETS). However, the effectiveness of the EU ETS has been increasingly questioned
Last month coal was let back into the CDM. Yes you heard right, despite all evidence new heavily polluting coal power plants can once again apply to earn carbon credits. So, theoretically, a coal-fired power plant in Europe can still offset its emissions with
In September, the High-Level Panel on the Clean Development Mechanism (CDM) Policy Dialogue presented its final report with recommendations on how to improve the CDM. Overall, the report fails to address fundamental flaws of the CDM, is strongly based on political opinions and ignores
El régimen comunitario de comercio de emisiones (EU-ETS) es un sistema de topes y comercio, que entró en vigor en 2005. El EU-ETS es el mayor sistema obligatorio de topes y comercio hasta la fecha e incluye 30 países europeos. Hasta un 50% de
Study commissioned by the European Parliament DG for external policies (Directorate B – Policy Department) on Human Rights and Climate Change. Section 10.1.3 reports about human rights concerns regarding the acceptance of JI and CDM credits in the EU ETS with CDM project cases
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