Topic: European Commission

EU parliament set to call for carbon market

BRUSSELS (Reuters) - European politicians are expected on Tuesday to vote through an amendment that could pave the way for direct intervention in the EU carbon market, which has sunk to record lows.Businesses and environmentalists have heaped pressure on the European Commission ...

EU parliament set to call for carbon market intervention

BRUSSELS (Reuters) - European politicians are expected on Tuesday to vote through an amendment that could pave the way for the first direct intervention in the carbon market, which has sunk to record lows.Businesses and environmentalists have heaped pressure on the European ...

EU Commission moves to combat carbon fraud

BRUSSELS (Reuters) - European Union carbon allowances -- the bloc's main tool to combat climate change -- face regulation alongside other financial instruments under proposed laws published on Thursday as the Commission seeks to bolster a market shaken by fraud and oversupply."By ...

EU Commission to release 2010 emissions data Apr 1

LONDON (Reuters) - The European Commission will release verified emissions data for 2010 from firms operating under its emissions trading scheme (ETS) on April 1, it said in a statement late on Friday.The data will be released at 1100 GMT (7 a.m. ...

Five EU emissions registries to reopen Friday

LONDON (Reuters) - The European Commission, which halted spot trade in its carbon market two weeks ago due to thefts, said it will reopen national emissions registries in five countries on Friday after being told security is in place.Registries in France, Germany, ...

EU carbon market to reopen step by step after theft

BRUSSELS/LONDON (Reuters) - The EU will reopen its 72 billion euros emissions trading scheme step by step, as each registry proves its security, a senior official said after the bloc froze spot trade due to possibly concerted permit thefts by hackers.The European ...

EU says carbon markets to reopen when security proved

BRUSSELS (Reuters) - The European Commission said on Thursday the suspension of trading in its Emissions Trading Scheme (ETS) will end in phases once registries prove their security after a series of breaches around the European Union."For us at this stage, it ...

EU says may unveil CO2 credit curb plan in Cancun

BRUSSELS (Reuters) - The European Commission said on Monday a proposal to limit the use of some carbon credits from industrial gas projects in its emissions trading scheme might be unveiled during a United Nations climate summit in Mexico next week.Last week, ...

EU carbon up, EU to stop CER surrendering

LONDON (Reuters) - European carbon emissions futures were higher on Thursday as news broke that the EU Commission will change its carbon registry rules to prevent recycled Kyoto offsets entering the emissions trading scheme.EU Allowances for December delivery trading on the European ...

Europe to leave collapsing carbon prices to market

The European Commission will not intervene to support the market for European carbon emissions where futures prices have nosedived along with the economic downturn, the EC's chief climate change negotiator said on Friday.. ". Benchmark EU allowances closed at 8.25 euros ($10.63) ...
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