EU Parliament to Seal the Fate of New Carbon Market for Road Transport & Buildings

Credit to Author: Guest Contributor| Date: Fri, 13 May 2022 22:25:46 +0000

Can the European Parliament introduce an effective price on road transport and building emissions? The ETS2 is the carbon market for road transport and buildings, which was proposed last year as part of the landmark Fit for 55 package. Under this new ETS2, fuel suppliers would need to buy pollution permits for each liter of fuel they put on […]

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COP25: Agreement On A Carbon Market Pushed Back For Another Year

Credit to Author: Ciara Gillan| Date: Tue, 17 Dec 2019 19:05:20 +0000

The much anticipated COP25 came to a close last Sunday with a lack of cohesive action. Despite the release of 2018 statistics revealing global warming is still on the up, the biggest polluting nations failed to present their planned increased efforts to stem climate change. While a compromise was reached on smaller elements, the anticipated updated plans of the biggest nations like China, India, and the US, was pushed back to next year’s COP26 in Glasgow, as was the decision around a global carbon market. 

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