UTES

The global carbon market is on pace to grow more than 80 percent this year to $116 billion, according to the clean-technology research and analytics firm New Energy Finance. The burgeoning market -- which hinges on the buying and selling of carbon dioxide and other greenhouse gas emissions -- grew almost 36 percent, from $64 billion at the start of...

EU leaders will maintain their targets and timetable for tackling climate change, despite objections from some nations, the French president has said. At a summit in Brussels, Nicolas Sarkozy said "solutions" would be found for those that had expressed concerns. Some countries have threatened to block a deal agreed last year for EU-wide cuts in...

The European Commission has launched an online public consultation on guidelines for the monitoring, reporting and verification of CO2 emissions from civil aviation. Such guidelines are necessary to ensure that the requirements of the EU Emissions Trading Directive will be applied in a harmonised way to all aircraft operators when the aviation sect...

The UK government's official climate change advisers have raised the bar on ambitions to cut emissions. The Committee on Climate Change (CCC) said a cut in greenhouse gas emissions of at least 80% by 2050 should include international aviation and shipping. ...

The EU's attempts to lead the world to a new deal on climate change will crumble unless its current policy crisis is resolved, a study has warned. As economic turmoil continues, there are widespread fears about the effects of the EU's climate package. ...

The UK government has been urged to fund the next stage of a major European programme to monitor the effects of global climate change from space. The trade body UKspace made the call ahead of a key ministerial meeting. Britain entered Kopernikus, the world's biggest environmental monitoring project, at a quarter of the funding level preferred b...

The UK government has announced the creation of a Department of Energy and Climate Change. The move, which has for the first time forged an arm of government explicitly uniting climate and energy, has been welcomed by the renewables industry and the environmental movement. The new government arm, which is to be headed by Ed Miliband, will assum...

Revised EU legislation that aims to protect human health and the environment by ensuring waste batteries are properly collected and recycled applies from today. The directive also makes producers responsible for the management of batteries once they become waste. Adopted by the European Parliament and Council in 2006, the revised Batteries Directiv...