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ICAO agrees aviation emissions plan for 2020 but 'handicaps EU efforts'
07 October 2013The International Civil Aviation Organization (ICAO) has agreed to introduce a global market-based mechanism to reduce greenhouse gas emissions beginning in 2020, but has been slammed for restricting regional efforts to do the same.
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IETA issues master agreement for California's carbon market
02 October 2013The International Emissions Trading Association (IETA) has released its California Emissions Trading Master Agreement (CETMA) which aims to facilitate secondary market trading in the state's growing carbon market.
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Stern backs new climate change economics study ahead of Paris 2015
24 September 2013Businesses and government leaders have launched a project to analyse impacts of climate change on the economy, backed by leading economist Nicholas Stern.
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China to introduce carbon tax alongside emissions trading - IETA
24 September 2013Chinese industry is likely to face a carbon tax as well as a national emissions trading system (ETS) from 2016, according to the International Emissions Trading Association (IETA).
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Renewables: a hotspot for the weather risk market
23 September 2013Requests for weather risk products from renewable energy developers and investors are mounting, providing market participants with long sought-after new demand. Elza Holmstedt Pell reports
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Trading Emissions slumps on Brazilian setback
23 September 2013London-listed Trading Emissions (TEP) has lost almost 20% of its stockmarket value after saying on Friday that it expects to write down the value of its holding in Brazilian biodiesel company Bionasa, which is in financial difficulties.
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Weather risk demand to rise as institutional investors buy renewables assets
20 September 2013Weather risk products will increasingly be used to help European utilities selling their stakes in renewables assets to more risk-averse institutional investors, a conference heard.
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Former CDM board chairman takes new carbon markets role
20 September 2013A former chairman of the Clean Development Mechanism's (CDM) regulatory body has taken up a post with the European Commission, Environmental Finance has learned.
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EU carbon prices fall after 'missed opportunity' to reform ETS
19 September 2013European carbon prices have taken a hit after the European Parliament's environment rejected a proposal to move quickly to structurally reform the market and impose a 2030 climate and energy framework.
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Mobilising renewables investment in uncertain times
18 September 2013Initiatives are underway to boost investments in European renewable energy, but the vast amount of private capital needed to transition the EU to a low-carbon economy must be unlocked by stronger policies, argues Stephanie Pfeifer