Tag: carbon

How does the emission trading scheme work?

New study raise awareness of the current vulnerabilities of the emerging carbon markets

Increases in Australian Carbon Tax

China's new project to focus on cutting down shipping emissions

DNV and PSE report on ship carbon capture & storage

Sailing Ships Are the Carbon-free Alternative For Cargo

NGOs call for inclusion of aviation and shipping in UK carbon budgets

New experimental data to support CCS Safety

Gibraltar not highest carbon emitter

UK Government advisors on climate change say There is no longer any reason to exclude international aviation and shipping emissions from carbon budgets according to the Committee on Climate Change. This was the conclusion in the Committee's report "Scope of carbon budgets - Statutory advice on inclusion of international aviation and shipping".Emissions from international aviation and shipping were initially left out of carbon budgets and the 2050 target when the Climate Change Act became Law in 2008, with the decision on inclusion delayed to 2012.In the meantime, the Committee and the Government have acted as though international aviation and shipping emissions are in the 2050 target, based on a certain interpretation of the legislation. The risk is that a new Government would not adopt the same interpretation.In order to mitigate this risk, the Committee recommends that the current approach should be formalised through including international aviation and shipping emissions in carbon budgets and the 2050 target, therefore providing more certainty that it will be continued in future. Moreover, inclusion would provide the most transparent, comprehensive and flexible accounting framework under the Climate Change Act.Lord Adair Turner, Chair of the CCC said: "Including international aviation and shipping emissions in UK carbon ...