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EU sets dates for resumption of aviation carbon permit sales

EU sets dates for resumption of aviation carbon permit sales

LONDON, July 29 (Reuters) - European Union member states will sell a total 9.3 million aviation carbon permits across five auctions starting in September, the European Commission said on Tuesday, resuming sales following a near two-year hiatus.


U.S. EPA launches hearings on power plant carbon rules

WASHINGTON, July 29 (Reuters) - The Environmental Protection Agency starts public hearings on Tuesday on its proposal to slash carbon emissions from the country's power plants, and coal miners to U.S. senators are expected to comment on the proposed rules.


Act now on climate change or see costs soar, White House says

WASHINGTON, July 29 (Reuters) - Putting off expensive measures to curb climate change will only cost the United States more in the long run, the White House said on Tuesday in a report meant to bolster a series of actions President Barack Obama has proposed to address global warming.

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  • 08 Jul 14

    Paris 2015 - will the Climate Potluck be low-carbon enough?

    In this report we construct three global emissions scenarios based upon possible outcomes of the 2015 climate summit in Paris. We find that none of our scenarios is likely to achieve the international goal of limiting global warming to two degrees. Global emissions reductions would need to be at least one and a half times greater than Europe's 2030 proposal to stay within the two degree carbon budget this century.

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Research Analyst Updates
  • 22 Jul 14

    The CDM EB80: $10 million deficit and new improvements for CDM operation

    Among other issues addressed at its 80th meeting last week, the Board revised the implementation of the management plan (MAP) for H1 2014. As a part of the MAP the Board revealed the state of current CDM-related incomes and expenditures, which resulted in a 10 USD million deficit. Furthermore, only one project case (a PoA) was presented for the Board’s consideration and no issuance cases were considered. The Board approved a number of PoA-related amendments to the CDM standards including streamlining technology approval for small- and microscale PoAs and facilitating post-registration changes to PoAs that introduce less-emitting technologies. At the same time another batch of CDM standards revisions (including deregistration rules) were further delayed, as the Board provided more amendments to be included in these documents. Besides the deregistration case, another key issue to be adopted is providing more flexibility for local stakeholders to engage in the course of a CDM project even after the local stakeholder consultation is over.

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