The Australians have come a long way since 2007 when climate change was a big factor in the change of government from Tory to Labor. A few years later, in part because the new Labor PM, Kevin Rudd, wasn’t effecting legislation fast enough to put a price on carbon, he was replaced in his party […]
Thomson Reuters Point Carbon is reporting this morning that China is going to launch carbon-trading schemes in six regions before 2013. If all goes well, that will then lead to a nationwide carbon trading platform by 2015. According to the report (which is sitting behind a pay-wall or I would link to it), the areas […]
The consulting and market research company Point Carbon predicts that “Phase 3 of the European Union’s Emissions Trading Scheme [from 2013] (EU ETS) could see the price of an EU Allowance rise from €30/ton in 2013 to €40/t in 2016.” ETS allowances fell to nearly €8/t this year and have recovered slightly since. Firms sold […]