Back-load of 900 million allowances proposed

The European Commission proposed on 12 November the “back-loading” of 900 million carbon allowances. These are allowances originally intended to be used in 2013–2015 that instead will be released to the market in 2019–2020. The final decision must be taken as an amendment to the EU emissions trading system (ETS) auctioning regulation by member state representatives on the Climate Change Committee.

Back-loading is believed to be a quick fix to restore the failing ETS market, where the oversupply of credits has been a major problem. The wind power trade association and the UK government have said that the measure is not enough and advocates that more allowances should be back-loaded or removed permanently from the auctioning period of 2013–2020.

Source: ENDS Europe Daily, 13 November 2012

In this issue

The costs of climate change

Climate change already causes about 400,000 deaths per year and a 1 per cent loss of global GDP. By 2030 human and monetary losses may double.

Editorial: Difficult is not a strong enough reason to passively accept

Agriculture is the foundation of food production in a world that is facing the challenge of feeding nine billion people by 2050. However the agricultural sector is also responsible for significant emissions of the major greenhouse gases ..

Tighter standards for PM proposed in the US

Strengthening the annual fine particle pollution standard will improve health protection and provide benefits worth billions of dollars.

Is air quality in Europe getting any better?

In 2010, 90–95 per cent of the EU’s urban citizens were exposed to PM_2.5 levels higher than the reference values recommended by the World Health Organization.

Climate change evident in Europe

Further impacts of climate change in Europe are expected in the future, potentially causing high damage costs.

Great potential for changing behaviour

With a policy package that motivates citizens to take up a more healthy diet, replace their fossil fuel cars with electric cars and decrease room temperature, emissions in the EU could be reduced by about a quarter of the projections for the non-ETS sector by 2020.

EU greenhouse gases fell by 2.5 per cent in 2011

A mild winter in 2011 and high prices for oil and gas have, despite an increase in the use of coal and lignite, put European Union greenhouse gas emissions back on a downward track.

The Climate Bonus

Cleaner air, better health and a more efficient economy are some of the many co-benefits that we will get from investing in climate mitigation, writes Alison Smith, author of a newly published book: “The Climate Bonus”.

Air pollution burden still too high, despite improvements

To adequately protect health and the environment, air pollutant emissions need to be further reduced, according to a new study by the European Environment Agency.

Cleaner fuels will dominate in 2020

The preferred emission control options for ships trading in emission control areas (ECAs) after 2015 will be low-sulphur distillate fuel oil and liquefied natural gas (LNG), according to a study by DNV.