MEPs in the European Parliament Environment Committee (ENVI) voted this Tuesday to include European airlines and all flights to the EU in the emissions trading system (ETS) by 2010. By this they are speeding up the EC’s proposal to include flights within the EU by 2011 and flights to-and-from the EU by 2012, thus combining [...]

The European Automobile Manufacturers’ Association, ACEA has created a front of opposition against the EU target of cutting all car CO2 emissions to 120 grams p/km by 2012, according to the Guardian. They claim that 60% of cars for 2012 are already in production and that “hasty legislation would damage the industry’s economic contribution and [...]

According to the BBC, officials have announced that the UK will struggle to meet the EU targets that then-Prime Minister Tony Blair signed to in March on renewable energy - if it reaches them at all. The BBC reports on how the Guardian has internal briefings from officials to ministers, that suggest that the UK [...]

Steel company Mittal have complained that the European carbon emissions caps will limit steel production. The company executives complain that Polish quotas have been cut, and that “it will not be easy to transfer quotas from one country to another”. Funny, I thought that was what a carbon emissions market did - enable [...]

Several leading academic economists, writing in the Review of Environmental Economics and Policy Journal, have praised the European Emissions Trading Scheme, according to the FT.
“The economists, including Denny Ellerman of MIT, Barbara Buchner of the Fondazione Eni Enrico Mattei, Frank Convery, Joseph Kruger and William Pizer, said the European Union scheme should form the [...]