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Carbon market news: this week
Business aviation faces cost, global emissions steady, EUETS quantity tba, REDD communities rebel, CRC only 10% registered, US carbon price imminent, EU carbon tax delayed, G8 committed
Business Aviation, Smaller Airlines Face Spectre of Inaccurate Emissions Data
Smaller European airlines have been warned that inaccurate monitoring of aircraft emissions data could cost them EUR 1m (USD 1.23m) over the first reporting cycle for the new emissions trading scheme, spanning 2012 to 2020. Source: Aviation International News
Global carbon emissions steady for first time since 1992
Greenhouse gas emissions from rich countries fell a record 7% in 2009 because of the recession, but the cut was entirely nullified by steep increases from fast-growing China and India, according to one of Europe’s leading scientific research groups. Source: Guardian
EC to set 2013 EU ETS allowance quantity in ‘days’: official
The European Commission is to publish the absolute EU-wide quantity of EU emissions trading scheme allowances for 2013 in the "coming days" but the precise date is not yet decided, EC press officer Lena de Visscher said Wednesday. Source: Platts
No rights, no REDD: Communities
Indigenous communities have warned the government they will reject the implementation of a planned carbon credit scheme unless the government guarantees their rights to livelihood in the forests. Source: The Jakarta Post
Nine out of 10 not yet registered for Carbon Reduction Commitment
Fewer than 10% of the companies and public sector bodies covered by the government’s recently launched Carbon Reduction Commitment Energy Efficiency scheme have registered their participation with the Environment Agency, raising fears organisations could miss the legally binding September deadline. Source: Business Green
Obama Stresses Need for Price on Carbon as Dems Look to Compromise
Key Senate Democrats offered today to scale back their ambitious efforts to cap greenhouse gas emissions but stressed that they and President Obama remain committed to putting a price on carbon this year. Source: The New York Times
EU carbon tax proposal delayed
Proposals for a European carbon tax have been kicked into the long grass following a debate between EU commissioners, who face divisions between member states whilst the effects of the financial crisis are still being felt. Source: EurActiv
G8 leaders committed to emissions cut, low carbon, biological diversity
Leaders of the eight industrialized nations reiterated their willingness to share with all countries the goal of achieving at least a 50 percent reduction of global emissions by 2050. Source: Xinhua
Valere Tjolle
Valere Tjolle is editor of the Sustainable Tourism Report Suite, special offer at: www.travelmole.com/stories/1142003.php
Valere
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Co-pilot faints, easyJet flight issues ‘red alert’
Gatwick braces for strike