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EEA on environmental tax reform
European governments could simultaneously reduce income tax, increase innovation and cut pollution by introducing well-targeted environmental taxes and recycling the revenues back into the economy. This is one of the findings from a pair of reports on environmental tax reform (ETR) published today by the European Environment Agency (EEA).
Read moreEUA volume on ICE down 26% in December
The London-based ICE Futures Europe traded around 427.9 million EU emission allowances (EUAs) in December, a fall of 26% month-on-month.
Read moreDelta adds $3 surcharge to flights to and from Europe - USA Today
Delta Air Lines on Monday added a $3 surcharge each way to flights between the United States and Europe, a day after a European Union law went into effect charging airlines for their greenhouse gas emissions, according to USA Today.
Read moreEUAs finish unchanged
EU carbon allowances (EUAs) finished unchanged on Wednesday after falling to a three-week low in afternoon trade.
Read moreEUA prices down by almost 10%
Prices of EU carbon allowances (EUAs) fell by almost 10% in the first trading session of 2012 in London, tracking weaker German power.
Read moreMEPs call for ETS credits to be set aside
Emissions Trading System (ETS) credits should be taken out of the next phase of trading to help lift the sinking carbon price, said Environment Committee MEPs on December 20. MEPs also voted on measures aiming to get the EU on track to meet its 20% energy efficiency target by 2020.
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