Cap and Trade

South Korea to increase its climate efforts

To several sources including TreeHugger and The Energy Collective, South Korea is about to ”  create the world’s most ambitious cap and trade market, with the highest global price on carbon. “ The launch will take place in 2015. This initiative will cover 70 percent of the nation’s emissions and will charge no less than

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European carbon market crashes

Here we go again ! For the second time in two weeks, I submitted another post to Cleantechies. This time I wrote about how a key European climate initiative got a major setback. Without further ado, here is the introduction : ” For a long time the European Union has been leading against climate change.

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The European Cap and Trade system works fine

To a new study presented by a US non-governmental organization, the European cap and trade system – called Emission Trading System or ETS – seems to finally work after a much difficult start. To TreeHugger: The trading system has created a healthy carbon market now worth 56 billion US dollars, and (…) has been responsible

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