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90 steps forward, two steps back
17 August 2016With the flagship markets of the EU and California in difficulties, advocates of carbon trading are pinning their hopes on a slew of new markets, particularly China and Canada. Graham Cooper reports
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Carbon prices are far too low to hit 2°C warming target, says IETA
25 May 2016The price of carbon in major emissions markets is unlikely to exceed €15 ($17) per tonne of carbon dioxide by 2020, less than half the price likely to be needed to limit global warming to 2°C, according to an industry survey.
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Ontario votes in cap-and-trade system
19 May 2016Ontario has passed legislation to introduce a cap-and-trade carbon market in what has been described as "the start of the next chapter" for its shift towards a low-carbon economy.
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Landmark Paris agreement toasted by investors
14 December 2015Investors were celebrating today after a "historic" climate change agreement was hammered out in Paris, marking a new dawn for clean technologies and low-carbon investors.
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RWE's Dawson elected as IETA chairman
07 December 2015The International Emissions Trading Association (IETA) has elected Paul Dawson, head of regulatory affairs at RWE Supply and Trading, as chairman of the board.
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Electricity companies call on UN to promote carbon trading
16 September 2015Negotiators in the forthcoming UN climate change meeting in Paris (COP 21) are being urged by power companies to encourage the use of carbon trading in the international action plan they are working towards.
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US carbon prices buoyant as more states eye trading
26 August 2015Prices of emission allowances in North America's mandatory carbon markets have been rising this year, amid speculation that more states may join them or set up linked trading regimes.
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"Lack of clarity" on carbon markets in draft UN text worries industry
27 July 2015The International Emissions Trading Association (IETA), a non-profit representing more than 150 companies, has expressed concern over the negotiating text prepared for the UN's climate change meeting in Paris in December.
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European parliament approves reform of carbon market
08 July 2015The European parliament has voted decisively to approve a reform of the EU's pioneering emissions trading system (ETS) that is designed to make the market more resilient to external shocks.
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ETS reform could see carbon price treble by 2020, say analysts
06 May 2015The price of EU emission allowances (EUAs) could rise to more than €20 ($22.5) by 2020 from their current level of about €7.5, as a result of an agreement to curb the excess supply of allowances, analysts said.