Topic: European Union

LUXEMBOURG/BRUSSELS (Reuters) - Europe's highest court gave unreserved backing on Wednesday to an EU law to charge airlines for carbon emissions on flights to and from Europe, a decision likely to escalate tension with trading partners, especially the United States.The court ruled ...

LUXEMBOURG/BRUSSELS (Reuters) - Europe's highest court gave unreserved backing on Wednesday to an EU law that charges airlines for carbon emissions on flights to and from Europe, a decision likely to escalate tension with its trading partners, including the United States.All airlines ...

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 ...

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 ...

MEXICO CITY (Reuters) - Mexico City's sleek new public bus system is attracting significant international funding in carbon credit sales, part of the capital's ongoing effort to reduce pollution and green up its smoggy image.The government of this sprawling metropolis of 9 ...

LONDON (Reuters) - European Union and U.N.-backed carbon prices plunged to new record lows on Wednesday, beset by worries about Europe's economic turmoil and uncertainty about a future global climate pact.Carbon prices have shed more than 60 percent since June, as Europe's ...

LONDON (Reuters) - Benchmark U.N-backed carbon credits and European Union carbon permits plunged to new record lows on Wednesday, extending this week's sharp drop as worries about Europe's economic turmoil continued to erode demand.Front-year U.N.-issued carbon credits, so-called certified emission reductions (CERs) ...

LONDON (Reuters) - Carbon markets are still on life support after a U.N. climate deal agreed in South Africa on Sunday put off some big decisions until next year and failed to deliver any hope for a needed boost in carbon permit ...

DURBAN, South Africa (Reuters) - The European Union's highest court is expected to give its final ruling on December 21 on a European law that would force all airlines to pay for their carbon emissions, an EU source said on Tuesday.The ruling ...

LONDON (Reuters) - Climate negotiators meeting in South Africa this week face fresh worries over saving the planet from global warming now that a ton of carbon trades at the price of a pizza.A European steel plant producing a ton of steel ...