carbon trading

MIT: Emissions Trading For Transport = EU’s Cheapest Means Of Reducing Transport Emissions

7 years ago James Ayre 0 Comments

Rather than adopting an approach similar to the corporate average fuel economy (CAFE) standard in the United States, the European Union could achieve similar carbon dioxide emissions reductions simply by extending the existing emissions trading system to encompass transportation (in addition to the electricity generation and energy-intensive industries it currently covers), according to a new study from MIT and its research partners.

Sparks Fly From The World’s Highest Pulpit

9 years ago sandydec 41 Comments

“The earth, our home, is beginning to look more and more like an immense pile of filth.” With words and images as pointed as these, on Thursday Pope Francis I infused his Church–and all the world’s faiths–with the prevailing view of environmental scientists and heads of state: we should waste no … [continued]

2nd-Largest Carbon Market Opens In China

10 years ago Guest Contributor 0 Comments

Originally published on ThinkProgress. By Ari Phillips. On Thursday China began trading in Guangdong’s carbon permit market, which is expected to be the world’s second-largest market after the European Union in terms of carbon dioxide emissions covered. It is far larger than either the Australian or Californian emissions trading schemes. The Chinese … [continued]

Climate News

11 years ago Zachary Shahan 5 Comments

As a reminder of why we do what we do, here’s some top global warming and climate change news from around: Climate Science Each Degree of Global Warming Might Ultimately Raise Global Sea Levels by More Than 2 Meters They Didn’t Change the Name from ‘Global Warming’ to ‘Climate Change’ … [continued]

Why Europe’s Carbon Market Collapse Won’t Kill Cap And Trade

11 years ago silviomarcacci 8 Comments

For carbon markets across the world it was the best of times, it was the worst of times. Plummeting European Union carbon prices following a key EU vote seem to demonstrate in the clearest terms that cap and trade is doomed to fail.

But declaring the death of carbon markets and cap and trade policy over Europe’s struggles is a knee-jerk reaction which overlooks significant developments for carbon trading around the world – ones which could ultimately rescue the EU and cement cap and trade as a global climate change solution.