Can the European Parliament introduce an effective price on road transport and building emissions? The ETS2 is the carbon market for road transport and buildings, which was proposed last year as part of the landmark Fit for 55 package. Under this new ETS2, fuel suppliers would need to buy pollution permits for each liter … [continued]
You began working on Sylvera with your friend Sam in 2019 and incorporated in 2020, but how long before did you have the idea for the company and what was it initially inspired by? Both Sam and I effectively converged on the insight behind Sylvera from different directions. As a … [continued]
Airlines would pay at most €70 million a year for their pollution on long-haul flights from Europe — even after air traffic bounces back — under the UN’s aviation CO2 scheme, a new independent study shows.
The much anticipated COP25 came to a close last Sunday with a lack of cohesive action. Despite the release of 2018 statistics revealing global warming is still on the up, the biggest polluting nations failed to present their planned increased efforts to stem climate change. While a compromise was reached on smaller elements, the anticipated updated plans of the biggest nations like China, India, and the US, was pushed back to next year’s COP26 in Glasgow, as was the decision around a global carbon market.
An interview with Dr. Graciela Chichilnisky, co-founder and CEO of Global Thermostat, ahead of the 2019 Transition Forum.
Nori, a company which recently emerged from stealth, is creating the Nori token. It’s a cryptocurrency token that represents a ton of CO2 removed from the atmosphere and sequestered in one of a number of potential ways. This isn’t a cap-and-trade or carbon-tax system, but a market mechanism which values removed tons of CO2. Like carbon offset programs for fliers and drivers, it allows individuals and businesses to offset their CO2 emissions with guaranteed removal of CO2 from the atmosphere.
Originally published on EnergyPost. China will launch a national emission trading scheme. In a joint US-China climate statement, issued as part of President Xi Jinping’s state visit to the United States, China said its new trading system will cover “key industry sectors such as iron and steel, power generation, chemicals, building materials, … [continued]
Originally published on Climate Central. By Bobby Magill Chinese President Xi Jinping announced Friday that China will develop a carbon trading system as a way to reduce the country’s greenhouse gas emissions. The announcement, made jointly with US President Barack Obama, comes as both countries prepare to strike a global … [continued]
Originally published on Energy Post. By Sonja van Renssen On 15 July, the European Commission unveiled its long-awaited proposals for a deep and meaningful reform of Europe’s carbon market from 2021-30. It neatly turns into law political decisions by EU heads of state and government last October. NGOs have lambasted … [continued]
The Northeast U.S. RGGI carbon market has just released an inventory of how over $1 billion in revenue has been invested in clean energy for member states.
