The European Union Emissions Trading System (EU ETS) is coming into effect for the maritime transportation sector on January 1, 2024. Here’s what that means. The EU ETS launched in 2005 and on ...

Not long ago, the idea of buying and selling permission to pollute the earth might have sounded absurd. But today, carbon ...

On Jan. 1, 2024, a large segment of commercial merchant vessels will be subject to an emissions-cap-and-trade system. November 27, 2023 at 01:29 PM 5 minute read Cargo and Shipping By Keith Letourneau ...

On November 19, 2024, the Chamber of Deputies approved Bill No. 182/2024, establishing the Brazilian Emissions Trading System (SBCE), following its approval by the Federal Senate on November 13.

The European Union now has the most developed emissions trading system (ETS) of any market globally, analysts at BMI, A Fitch Solutions company, said in a report sent to Rigzone recently.

The Union of Greek Shipowners (UGS) sees no reason for the European Union to keep regulating ships’ carbon emissions after ...

The ADB paper finds that while the EU’s CBAM and expanded carbon pricing can significantly reduce global emissions, they are insufficient alone to meet climate targets. Broader international ...

Canada on Wednesday said it plans to unveil a cap and trade system starting in 2026 for limiting emissions from the oil and gas sector, a step toward fulfilling one of Prime Minister Justin ...

The UK emissions trading scheme (ETS) will be reformed next year to tighten limits on carbon dioxide pollution and expanded in 2026 to include new sectors, the relevant authority said on Monday.

Vessels carry more than 80% of world trade and are a big source of emissions, pumping about 1 billion tons of CO2 into the atmosphere in 2018. The incoming system is the world’s first large ...

Cap-and-trade is supposed to make the biggest carbon emitters pay for their pollution. But Seoul-based group Plan 1.5 says South Korea’s system has helped those companies make millions.