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Top emitter China agrees to work with EU to cut carbon

By : Sustainability ..., Sep 21, 2012


China, the world's biggest carbon dioxide emitter, has struck a deal to work with the European Union to cut greenhouse gases through projects including the development of Chinese emissions trading schemes, the European Commission said on Thursday.

The European...

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After aviation, India to oppose EU’s maritime carbon levies

By : Sustainability ..., Jul 24, 2012

India plans to oppose at an environment conference in Washington later this month the European Union’s (EU’s) proposal to levy carbon emissions taxes on aircraft and ships.

The aviation ministry will present India’s opposition to the EU’s emission trading scheme (ETS...

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Global carbon dioxide emissions rise 3 per cent in 2011: Report

By : Sustainability ..., Jul 20, 2012

Global carbon dioxide emissions rose 3 per cent to 34 billion tonnes in 2011, according to a new EU report, undermining a UN goal to limit the rise in global average temperatures to 2C above industrial levels by 2050.

According to the report, published Wednesday by the...

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BEE signs agreement with EU for 'green economy'

By : Sustainability ..., Jul 6, 2012

In effort to promote 'green economy', Bureau of Energy Efficiency ( BEE) has signed an agreement with European Union to work towards reducing carbon emission by about 70,000 tonnes in 500 micro and small foundries in Punjab, Rajasthan and West Bengal.

Funded by EU, the...

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Rio summit to make fresh bid to tackle environment woes

By : Sustainability ..., Jun 20, 2012

A crucial summit on global development kicks off here Wednesady with nearly 20 heads of state and government, including Prime Minister Manmohan Singh, in attendance in a fresh bid to rally the world behind a common environmental blueprint amid economic woes and discord.

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During 2011 40 GW of wind power was put into operation

By : Sustainability ..., Jun 18, 2012


 During 2011, an estimated 40 GW of wind energy capacity was put into operation, more than any other renewable technology, increasing global wind farm capacity by 20% to approximately 238 GW.

Around 50 countries added wind turbines capacity during 2011; at...

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EU Report on Carbon Market Due Before August: Hedegaard

By : Sustainability ..., Jun 12, 2012

The European Union will present a report on its emissions trading system and a proposal to delay auctions of some carbon permits before the summer recess that starts in August, EU climate Commissioner Connie Hedegaard said.

The report, which is being brought forward by...

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Subject Tags: European Union

EU carbon auction proposal to be settled by end of year: EC

By : Sustainability ..., May 31, 2012

A European Commission proposal to temporarily withhold a volume of carbon allowances to combat an oversupply in Europe's cap-and-trade system will be completed by the end of 2012, an EC official said Thursday.

"We are planning to come forward before the summer holiday...

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Subject Tags: European Union

Bilateral Carbon Trade Surged Last Year, World Bank Says

By : Sustainability ..., May 31, 2012

The value of bilateral carbon trading surged 15 percent last year after thefts of European Union emission allowances suspended prompt trading on exchanges, the World Bank said.

EU greenhouse-gas trades that didn’t involve exchanges or brokers surged to $17.3 billion,...

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Global carbon market value hits record $176 billion

By : Sustainability ..., May 31, 2012

Carbon market trading rose 11 percent to a record value of $176 billion in 2011 as an increase in secondary trading volumes offset lower prices and slowing economies, the World Bank said on Wednesday.

Companies and governments are turning to emissions trading as a tool...

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