EU aircraft carbon emissions tax crashes and burns

From the BBC comes this bit of good news: EU suspends aircraft emissions trading rules The European Union has agreed to suspend its rules that require airlines flying to and from airports in the EU to pay for their carbon emissions. The rules had been unpopular with countries outside Europe such as the US, China…

Advertisements

'Almost half of the CO2 transfers into the US are caused by the American trade deficit'

From the Potsdam Institute for Climate Impact Research (PIK) Constraining world trade is unlikely to help the climate Instead, researchers were able to pin down a number of factors explaining the pronounced imbalances between emission importers and exporters, the US current account deficit being one of them. Their conclusion: interventions in world trade, like CO2…

Cap and Trade protest petition in California

Thousands Petition Gov. Brown To End Cap And Trade By Amy Quinton, California Capitol Network Californians Against Higher Taxes and business groups delivered the petitions against what they call an illegal and hidden energy tax. The cap and trade program would limit greenhouse gas emissions by requiring polluters to purchase pollution credits at auction.

Newsbytes: Climate Hysteria Threatens Global Carbon War

By Dr. Benny Peiser of the Global Warming Policy Foundation Russia is considering limits on European flights over Siberia as countries approve possible retaliatory measures against the European Union’s move to force airlines to pay for carbon emissions. “We intend to get the EU’s carbon trading measures either canceled or postponed,” said Okulov, who was…

EU carbon trading in freefall

Looks just like what happened to the Chicago Carbon Exchange is about to repeat in Europe. Source: http://www.barchart.com/charts/futures/CKZ11 By Thomson Reuters Point Carbon LONDON | Wed Dec 14, 2011 12:01pm EST LONDON (Reuters) – EU carbon prices fell to their lowest ever level on Wednesday …