Carbon allowances per person?

Big businesses have to fall in line with a carbon emissions allowance. So how would the average man on the street cope if they had a personal carbon allowance? That’s the question asked by low carbon advisers at Carbon Trust Advisory and soft drinks giant Coca-Cola in a recent experiment. They ran a four-week trial […]

EU “must not” put more carbon allowances on market

The EU must not put any more carbon allowances into the Emissions Trading Scheme because it is already “overflowing”, the European Wind Energy Association (EWEA) said today. The EU ETS is a scheme which gives firms working in Europe allowances for the carbon emissions they create. It is meant to encourage them to cut carbon […]

UK gives free carbon allowances to airlines

The UK has handed out a first round of free carbon allowances to airlines covered by the EU Emissions Trading System (EU ETS). DECC announced today it is giving the allowances to airlines which have fully registered online. From the beginning of 2012, any airline flying in or out of an EU airport now has […]