Quebec Delays WCI Carbon Market Scheme

The California Air Resources Board (CARB), who works closely with the Western Climate Initiative (WCI), announced on June 29th that it would delay by one year the carbon emissions cap-and-trade scheme that was scheduled to commence January 2012. Regulators stated that the system will still launch January 2012, but the year will only consist of […]

EU Emissions Trading Scheme

The EU has taken a decision to improve and extend the EU Emissions Trading Scheme (ETS). The European Commission proposed a series of changes to the ETS, which were agreed by EU member states – though with some significant amendments – and passed by the European Parliament. New legislation has now been adopted and the […]

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