The European Parliament on Wednesday approved plans to overhaul the Europe Union's carbon market, a key part of strategies to curb the EU's global-warming emissions.
Schemes that aim to regulate greenhouse gas emissions can limit consumers' attempts to reduce their carbon footprints, according to an economist at the University of East Anglia (UEA).
Countries entered a second week of UN climate talks in Doha deeply divided on key issues even as fresh warnings were issued that rising greenhouse gas levels are putting our planet in peril.
VTT specialists have assessed Finland's chances of achieving the 80% greenhouse gas emission reduction targets. The EU's goal for 2050 is to reduce emissions by at least 80% from the level of 1990.
Hong Kong on Friday announced new targets in its bid to cut emissions from power plants, part of an ongoing effort to tackle air pollution in the Chinese city that is regularly covered in smog.
China will introduce a pilot scheme for carbon emissions trading and gradually develop a national market as the world's largest polluter seeks to reduce emissions and save energy, state media said.
Greece could earn up to 170 million euros for its cash-strapped treasury from a trade of greenhouse-gas emission allowances on the Athens stock exchange, a report said Sunday.
Programs that allow facilities to buy and sell emission allowances have been popular and effective since they were introduced in the U.S. two decades ago. But critics worry the approach can create heavily polluted "hot spots" ...
EU emissions trading has put a price on something that used to be free - the right to pollute the atmosphere.