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News

Endesa largest EU CO2 offsetter in 2008 – report

11 Mar 2010

Spanish energy firm Endesa, part-owned by Italian firm Enel, was the largest user of carbon offsets in 2008, according to report from green group Sandbag identifying the top 10 EU corporate offsetters. Endesa bought credits to cover a quarter of its emissions.

News

Carbon traders reopen debate on CDM successor

9 Mar 2010

The UN's Clean Development Mechanism (CDM) must be replaced by a new instrument that encourages private investment to help emitters meet their CO2 reduction pledges, emissions trading association IETA has said.

News

Poland sells Japan €30m surplus carbon credits

3 Mar 2010

The Polish environment ministry announced on Wednesday that it had sold €30m worth of allocation allowance units (AAUs) to a “Japanese partner representing the private sector”. Poland sold a similar amount of surplus Kyoto carbon credits to Spain last November.

News

ETS auctioning regulation faces further delays

2 Mar 2010

Concerns within the European Commission over draft rules for auctioning carbon allowances under the EU's emissions trading scheme (ETS) from 2013 have further delayed their publication, ENDS has learned. The rules are due to be adopted by June.

News

Arcelor loses second legal challenge to ETS law

2 Mar 2010

The European Court of Justice has dismissed a legal challenge to rules governing the EU's emissions trading scheme (ETS) launched by steel giant ArcelorMittal in 2004. The company had already lost a separate case against ETS rules in 2008.

Analysis

Tetra Pak: marrying business success and climate action

12 Nov 2009

One of the world’s most ubiquitous brands, Tetra Pak has been setting the pace for carbon reductions and seized the opportunity to revolutionise its environmental approach. Charlie Dunmore reports.