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Carbon trading: ETS, RIP?

2013-04-19 15:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Economist: THE worlds largest carbon market has been holed below the water line. On April 16th the European Parliament voted to reject an attempt to bolster Europes flagship environmental programme, the Emissions Trading System (ETS). Carbon prices, already low, plunged. The emerging network of global carbon trading and European climate policy as a whole could sink. The ETS has long been a mess. It is a cap-and-trade scheme in which permits to emit carbon--about 16 billion tonnes-worth in 2013-20, or roughly...

Tags: trading carbon rip ets

 

just the Facts - Diageo's Q3 Trading Update

2013-04-18 15:23:00| Daily beverage news and comment - from just-drinks.com

This morning (18 April), Diageo released a trading update for its fiscal third-quarter and year-to-date. Here, just-drinks takes a look at the third-quarter performance on a regional basis.

Tags: update trading facts diageos

 
 

Green energy on the back foot after carbon trading blow

2013-04-18 11:11:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: It's been a bad week for efforts to develop green energy around the world. A new report from the International Energy Agency (IEA) says that progress towards carbon-free energy production has basically stalled. "Despite much talk by world leaders," said IEA executive director, Maria van der Hoeven, "and despite a boom in renewable energy over the last decade, the average unit of energy produced today is basically as dirty as it was 20 years ago." The IEA uses a complex calculation called...

Tags: back green energy trading

 

Europe's climate chief vows to fight on to save emissions trading scheme

2013-04-18 10:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Europe's climate chief vowed on Wednesday to fight on to save the EU's flagship environmental policy, the emissions trading system (ETS), after a serious blow on Tuesday when MEPs rejected reforms aimed at repairing the ailing system. MEPs voted 334 against to 315 in favour of "backloading" the market - a proposal aimed to reverse the plummeting price of carbon that has resulted from a surplus of permits in the ETS market - leading the price of carbon to fall by almost half to under EUR3 on Tuesday....

Tags: save chief trading fight

 

Can Nutrient Trading Shrink the Gulf of Mexico's Dead Zone?

2013-04-17 16:31:00| Climate Ark Climate Change & Global Warming Newsfeed

World Resources Institute: The Gulf of Mexico has the largest dead zone in the United States and the second-largest in the world. Dead zones form when excessive amounts of nitrogen and phosphorous wash into waterways and spur algal blooms, depleting the water of oxygen and killing fish, shrimp, and other marine life. The Gulf of Mexico dead zone can range between an astounding 3,000 and 8,000 square miles. At its largest, its about the size of Massachusetts. Reducing this growing dead zone problem is a huge scientific,...

Tags: dead zone trading gulf

 

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