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Japan launches voluntary CO2 market

My Green Japan article in ICIS Chemical Business is now available online. In it are some examples of how the chemical industry is responding to the issue of climate change. The article also reported about how carbon emissions from Japan's industrial manufacturing sector (including energy, steel,...

Posted to ICIS Blogs (Weblog) by Anonymous on 10-22-2008
Carbon capture needed

Carbon capture and storage (CCS) technologies are very much needed to reduce one-third of the world's global carbon dioxide emissions, according to a report from the Boston Consulting Group . "CCS technology offers substantial benefits, but high cost and uncertainty have been a major roadblock...

Posted to ICIS Blogs (Weblog) by Anonymous on 07-14-2008
Green Canadian cash now available

The government of Alberta, Canada said yesterday that it is appropriating a total of C$4bn ($3.92bn) to reduce the province's greenhouse gas emissions (GHG). A C$2bn fund will be invested in carbon capture and storage projects while the rest will go to public transit investments to reduce vehicle...

Posted to ICIS Blogs (Weblog) by Anonymous on 07-09-2008
EU airlines emissions law a done deal

European Union lawmakers approved a deal today that will charge airlines (including non-European carriers) that fly into and out of the EU-27 nations to pay for their carbon emissions, according to Reuters . Right now, US carriers are not charging emissions tax to its customers going into and flying...

Posted to ICIS Blogs (Weblog) by Anonymous on 07-08-2008
Carbon tax pains now in Canada

Should consumers directly pay for fossil fuel-based carbon emissions? Some Canadian officials seem to think so as drivers in British Columbia is now greeted with the tax with some gasoline stations raising their gasoline prices to cover the tax costs, according to Reuters . Utilities, public transportation...

Posted to ICIS Blogs (Weblog) by Anonymous on 07-03-2008
Flying the unfriendly (but greener?) skies

Airlines setting foot and taking off in Europe are soon going to be included in the European Union's Emission Trading Scheme (ETS) and are expected to pay 15% of their permits in ETS auction starting 2012, according to this Reuters article . The proposal, which was approved by Member States last...

Posted to ICIS Blogs (Weblog) by Anonymous on 07-01-2008
California implements emissions reduction plan

California plans to reduce the state's greenhouse gas emissions by 30% over the next 12 years , according to the California's Air Resources Board (ARB). Central to the plan is a cap and trade program covering 85% of the state's emissions, which ARB said is also in conjunction with the Western...

Posted to ICIS Blogs (Weblog) by Anonymous on 06-27-2008
EU emissions down in 2006

Member states of the European Union are happy to note that their overall greenhouse gas emissions in 2006, as reported by the European Environment Agency , is down 0.3% from 2006 for EU-27 and 0.8% for EU-15. The EU Commission said the result puts them on track to meeting Kyoto Protocol emissions target...

Posted to ICIS Blogs (Weblog) by Anonymous on 06-18-2008
Carbon Market: The good, the bad and the money

After finding some of the pros and cons of cap and trade carbon schemes in the US, several studies were recently published on the carbon market's global bottomline: How much should energy-intensive industries pay for compliance. According to market analyst Point Carbon , global carbon markets could...

Posted to ICIS Blogs (Weblog) by Anonymous on 06-03-2008
Europe launches green driving

A Europe-wide campaign promoting green driving tips was recently launched by the European Commission in association with the European Petroleum Industry Association (EUROPIA) . Under the "Save more than fuel" campaign , over 45,000 petrol stations across 29 European countries will distribute...

Posted to ICIS Blogs (Weblog) by Anonymous on 05-28-2008

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