‘‘The committee reviewed these amendments and concluded that they were necessary to ensure the efficient operation of Australia’s carbon market and the environmental integrity of Australia’s scheme,’’....Hmm
A compromise seems to be reached: implementation at a later date for developing countries and the revenue going back to help action in the aviation sector.
EU and Australia got linked. This isn't exactly a huge step in terms of climate. It can turn out to be both good and bad ways. And yet, I can't stop wondering where the hell my country is.
"Zero Emissions Platform recommendations include immediately setting aside a proportion of carbon permits and the gradual tightening of a cap on allowances to 2050 to curb supply."
Although the low price IS worrying, this is actually the system is functioning as it should. I would be more worried if the price didn't go down. The problem is, in my mind, is not the system but the cap and too generous allocation.
Extremely Troubled Scheme
http://www.climatestrategies.org/component/reports/category/63/370.html
Sandbag: EU ETS at a crossroads: recalibrating an oversupplied market to spur investments and innovation
https://www.bloomberg.com/news/2013-01-21/eu-carbon-permits-worthless-without-change-of-rules-ubs-says.html
International Carbon Action Partnership (ICAP)
Sandbag: Response to the public consultation on the EU ETS backloading proposal
IPTV UK GENIUS SUBSCRIPTION
Report: The EU Emissions Trading System
Australia in talks to link carbon market with California
Latest Business News, Financial & ASX Markets News | BusinessDay
Tiff over carbon tax on aviation may end soon - Times of India
https://www.bloomberg.com/news/2012-10-16/eu-to-propose-nov-14-how-many-carbon-permits-to-be-sold-later.html
Sandbag: The CDM is still the hostage of ambition
https://www.wwf.eu/?206048/Australia-to-join-EU-ETS-by-2018-Europe-must-put-its-house-in-order-before-then
Bloomberg - Are you a robot?
Designing a Better Tomorrow -- Danish Design Competition
EU to spare some industries from full carbon trading obligations | EurActiv
EU carbon price plumbs new depths on weak emissions data
Some airlines embrace CO2 trade, buy permits
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