by admin | May 15, 2017 | Carbon Pricing, Climate Governance, ETS, Europe
On 12th May, the Commission for the first time published the scale of the ETS surplus[1]. This is the first time this has been published by the Commission since phase 2 started in 2008. We welcome the clarity this brings. According to the Commission, the ETS surplus...
by admin | Apr 6, 2017 | Climate Governance, ETS, UK
The UK Climate Change Act was a world first. Now it is being subjected to a major test: the UK seeking to leave the EU, which governs a substantial proportion of UK emissions reduction policies. There will be substantial policy uncertainty during this phase, as well...
by admin | Mar 1, 2017 | Carbon Pricing, Climate Governance, ETS, Europe
It’s been an exciting week so far in Brussels. On Monday I was at the fifth Green Growth Summit, admirably organised by the Cambridge Institute for Sustainability Leadership. An impressive line-up of speakers and panellists made – yet again – a convincing...
by admin | Mar 15, 2016 | Climate Governance, International, UK
Last night, the government agreed to a new long-term target of net zero emissions, making the UK government the first to nationally implement the global netzero goal enshrined in the Paris Agreemeent. On the same night, however, a vote to close an accounting loophole...
by admin | Nov 26, 2015 | Climate Governance, UK
Today the Committee on Climate Change has released the 5th Carbon Budget for the UK (2028-2032). This is our initial reaction, but we will prepare a more detailed response after we’ve had the opportunity to consider it more fully: We are...
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