Archive | November, 2012

Europe should ditch the Emission Trading Scheme, say environmental NGOs

By ClickGreen Seven years after its launch, the EU Emission Trading System has failed to achieve its own objectives. The European Commission itself came to this conclusion as it proposed different options to fix the trading mechanism today. According to a group of leading NGOs, one important option is missing from the Commission’s document – […]

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EU reveals carbon-market reform package

By Arthur Nelson for Euractiv The European Commission will try to shore up its battered carbon market today (14 November) with a structural report signalling a future squeeze on carbon credits to augment a planned  ‘backloading’ or postponing of 900 million allowance auctions until 2019 and 2020. The Climate Commissioner, Connie Hedegaard, said that although […]

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“European Commission should consider dropping the EU ETS”, say environmental NGOs*

Seven years after its start up, the EU Emission Trading System has failed to achieve its own objectives. The European Commission itself came to this conclusion as it proposed different options to fix the trading mechanism today. An important option is missing from the Commission’s document: the abolishment of the EU ETS after 2020. “The […]

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