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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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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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EU carbon surges after stronger-than-expected fix in Parliament
03 July 2013EU carbon prices climbed almost 50% today after the European Parliament backed a plan to give the ailing market a short-term boost, and unexpectedly rejected most amendments that would have weakened the proposal.