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Emissions trading

China
China To Cut Energy Intensity By 3% This Year
China will reduce the amount of energy it uses to expand its economy by 3 percent this year as part of efforts to hit emission reduction targets set earlier, ci…
Climate Policy
China Launches Carbon Emissions Trading Scheme
The system is expected to eclipse that of the European Union to become the world's largest emissions trading scheme (ETS).
EU
Fortum, Statkraft and Vattenfall Revise EU 2030 Climate and Energy Legislation
Fortum, Statkraft and Vattenfall, three of the largest Nordic energy utilities, welcome the EU’s revised 2030 climate target of at least -55% as a crucial step…
China
China Launches World’s Largest Carbon Market for Power Sector
China’s national emissions trading scheme could become a significant lever for climate action, but experts warn that it will do little to curb emissions in the…
China
China to Launch Carbon Emissions Trading Scheme Next Month
The ministry issued rules on Tuesday allowing provincial governments to set pollution caps for big power businesses for the first time.
Carbon Emissions
Brexit Pushes UK to Begin Own Emissions Trading System in 2021
Due to Brexit, the UK government said on December 14 it will launch an emissions trading system for domestic industry and power generation from January 1 next y…
Joe Biden
EU Commission Eyes ‘Green Trade Agenda’ with President-elect Biden
The European Commission said sustainable finance regulations are another topic that should receive attention on both sides of the Atlantic.
Emissions Trading System
German Upper House Paves Way for National ETS from 2021
Germany's upper house of parliament on Friday passed a law creating a national emissions trading scheme for sectors not covered by the European carbon market fr…
New Zealand
New Zealand Takes Steps to Reduce Emissions
The New Zealand government has announced a series of reforms to its emissions trading scheme.

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