The first Chinese individual investor to profit in the country’s budding carbon emission trading scene has netted 100,000 yuan (HK$127,000) one month after beginning trading.Wednesday, 6 November, 2013, 6:51pm 1 comment
China, the world’s largest carbon emitter, was set on Tuesday to launch its first carbon trading scheme aimed at reducing emissions, state media said.
A platform allowing businesses in the southern city of Shenzhen to trade permits to emit carbon was established on Sunday, with trading due to start on Tuesday, China’s official Xinhua news agency reported.18 Jun 2013 - 5:05pm
It will take time for the nation's seven pilot exchanges to build up sufficient data-collection infrastructure and trading rules, let alone operate smoothly and come up with a model that works nationwide, said David Tang Yue-tan, secretary of the board of Tianjin Climate Exchange.14 Jun 2013 - 3:49am
As Australian Prime Minister Julia Gillard's experience with a carbon tax shows, often it is never easy to impose a tax on the vast majority of people to solve a common problem.31 Oct 2012 - 2:43am
Hypocrites from 26 countries will gather in Moscow today, where they will discuss how to punish the European Union for trying to do something about climate change.
What's got up their noses is the EU's insistence that airlines flying to or from European airports must, like other big polluters, join its cap-and-trade scheme aimed at reducing greenhouse-gas emissions.21 Feb 2012 - 12:00am
The European Union has the most comprehensive system of caps on greenhouse emissions of any major polluter. It makes sense to extend them to the aviation industry, a small but increasingly important contributor to global emissions.16 Feb 2012 - 12:00am
Conversation took a turn for the worse at a dinner party I was at recently, when the guests began to boast about their environmental credentials, each claiming to be greener than the others.9 Jan 2012 - 12:00am
Aircraft cause 2 to 3 per cent of the world's air pollution, but airliners and passengers have had an easy ride when it comes to emissions. While industries such as power generastion and steelmaking have been forced by governments to clean up their acts, firms involved in air travel and cargo have got off scot-free.10 Nov 2011 - 12:00am
With airlines being challenged to be more 'green,' express carrier DHL is accelerating its carbon offset programme by securing its first worldwide contract from a bank.12 Oct 2011 - 12:00am
The world's airline operators are anxiously awaiting a preliminary opinion from the European Court of Justice on Thursday that could indicate whether they will be subject to new carbon emission charges from next year, a change that could cost the industry US$1.2 billion a year.3 Oct 2011 - 12:00am
The International Air Transport Association (Iata), which represents more than 230 airlines, has urged the European Union to postpone the implementation of its emissions trading scheme (ETS) until the industry emerges from its downturn.21 Sep 2011 - 12:00am
Asian airlines including Cathay Pacific are likely to have to pay up to US$400 million a year for their carbon emissions on European routes from January - a cost likely to be passed on to passengers.
The green tax, imposed by the European Union in an attempt to lower greenhouse gas emissions, would mean an extra cost of US$8 per passenger on average.6 Sep 2011 - 12:00am
Global efforts to cut greenhouse gas emissions using market mechanisms are likely to see the formation of regional emission-trading platforms that will converge over time, according to World Energy Council secretary general Christoph Frei.29 Aug 2011 - 12:00am
Our editors will be looking ahead today to these developing stories ...
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