Introduction -
Unlike most traded commodity markets, the market for trading carbon credits or emissions allowances in the EU is not one based on its utility, usage or consumption. A carbon credit is not used in...more
5/9/2013
- Cap-and-Trade Carbon Auctions EU Legislative Process
Introduction -
The plenary sessions of the AWG-LCA and AWG-DP finally closed in the late afternoon of Friday 7 December 2012, leaving many issues to be put to the COP for resolution. With the COP meeting only opening for...more
12/12/2012
- Climate Change COP Green Energy Kyoto Protocol
Introduction -
The AWG-KP closed on Thursday 6 December 2012 amidst on-going discussions in the other Working Groups. The atmosphere is beginning to become tense as delegates see the end of the conference approaching...more
12/7/2012
- Energy Policy Greenhouse Gas Emissions Renewable Energy
Introduction -
The high-level segment continued on Wednesday 5 December 2012, slowly drawing together the threads of agreement. A further stocktaking plenary session was held in the evening to assess progress, but the...more
12/6/2012
- Energy Policy Greenhouse Gas Emissions Renewable Energy
Introduction -
The high-level segment of the conference opened on Tuesday 4 December 2012, sandwiched between further contact group meetings and informal consultations. The buzz from Monday continues to permeate the...more
12/5/2012
- Energy Policy Greenhouse Gas Emissions Renewable Energy
Introduction -
“It must be understood that what we are negotiating here is a complete transformation of the economic structure of the world. This cannot happen overnight…” said Christiana Figueres, the head of the UN...more
12/5/2012
- Climate Change COP
The prospect of having nothing clearly agreed after a week of negotiations seemed to hang over proceedings on Friday 30 November 2012. However, as the sun set on Saturday 1 December 2012, the delegates’ motivation began to...more
12/3/2012
- COP Greenhouse Gas Emissions
Introduction -
With finance at the top of the agenda on “Youth Day” Thursday 29 November 2012 there was broad concern to avoiding falling down a “climate finance cliff” as the European Commission’s lead climate...more
12/3/2012
- COP Greenhouse Gas Emissions
Introduction -
The discussions continued on Wednesday 28 November 2012 against the backdrop of protests by the Youth Group, demonstrating for an increase in the parties’ ambitions.
The Doha Conference: Day Three...more
11/29/2012
- Climate Change Greenhouse Gas Emissions Kyoto Protocol
Introduction -
With the opening speeches and administrative proceedings complete, the delegates were free to concentrate on the job at hand and the conference opened on “Gender Day” Tuesday 27 November 2012 with a new...more
11/29/2012
- Climate Change Greenhouse Gas Emissions Kyoto Protocol
Introduction -
The 18th Conference of the Parties (“COP”) to the United Nations Framework Convention on Climate Change (the “Convention”) opened in the vast new conference centre in Doha, Qatar, yesterday to the words...more
11/27/2012
- COP
Since our client alert last week, the European Commission has published a draft Decision and ‘Questions and Answers’ (“Q&As”), elaborating on its proposal to ‘stop the clock’ on the international aviation elements of the EU...more
11/26/2012
- EU ETS ICAO
The announcement on 12 November 2012 by the EU Commission to "stop the clock" on the implementation of the international aspects of the EU Emissions Trading System ("EU ETS") as it applies to the aviation sector came as a...more
11/19/2012
