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Oct 26 (Reuters) – The climate bill introduced by Democrats in the U.S. Senate would initially give away the majority of permits to emit greenhouse gases to entities like electricity distributors and big energy users, such as steel and cement plants, in a cap-and-trade program.
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WARSAW (Reuters) – Poland’s shortfall of pollution permits under the European Union’s climate plan may reach a lower-than-expected 50 million tons between 2008 and 2012, Deputy Environment Minister Bernard Blaszczyk said on Thursday.
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| Sourced From Bloomberg.com |
June 17 (Bloomberg) — ArcelorMittal, the world’s largest steelmaker, had the biggest surplus of carbon-dioxide permits in the European Union emissions-trading system last year, Carbon Market Data said.
Under its program to cut output of greenhouse gases blamed for climate change, the EU sets limits for polluters and requires them to buy allowances for excess emissions. Companies with surplus permits can sell them to investors or other polluters in the EU system.
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| Sourced From ForexPros.com |
May 15 (Reuters) – The climate change bill moving through the U.S. Congress would initially give away the majority of permits to emit greenhouse gases to entities like electricity distributors and big energy users, such as steel and cement plants, in a cap and trade program.
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| Sourced From Forexpros.com |
SINGAPORE, April 16 (Reuters) – New Zealand expects to allocate up to 1 million emissions permits to forestry owners by next month, a fraction of the 8 million set aside for issuance this year to the sector, the government said on Thursday.
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FRANKFURT, Dec 8 (Reuters) – Making power companies pay for the carbon dioxide (CO2) they emit would mark the end of fair competition in Europe’s energy sector, RWE (RWEG.DE: Quote, Profile, Research, Stock Buzz) Chief Executive Juergen Grossmann told the Financial Times newspaper.
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