China Proposes Measures For Voluntary Trading Of Carbon Emission Reduction Credits
July 9, 2012 by GlobalLaw
Filed under Environment
PHILADELPHIA—China’s top planning body, the National Development and Reform Commission (NRDC), has recommended measures for establishing exchanges for voluntary trading of carbon emission reduction credits.
South Korea Passes Bill That Would Launch Carbon Emissions Trading in January 2015
May 8, 2012 by GlobalLaw
Filed under Environment
SEOUL—South Korea will begin working out the nuts-and-bolts regulations for a greenhouse gas emissions trading system to start Jan. 1, 2015, following the National Assembly’s May 2 passage of an emissions trading bill.
Mexico’s Legislature Approves Climate Bill With Carbon Reduction, Clean Energy Goals
April 30, 2012 by GlobalLaw
Filed under Environment
MEXICO CITY—Mexico’s Legislature has approved a climate change bill that would provide a stronger legal framework to help Latin America’s largest economy reduce its carbon dioxide emissions and help its citizens adapt to the effects of global warming, according to observers.
Chinese Academy’s Draft Climate Law Could Offer Clues To Content Of Official Version
March 26, 2012 by GlobalLaw
Filed under Environment
SHENZHEN, China—A draft recommendation for China’s forthcoming climate change law issued by the Chinese Academy of Social Sciences is an important indication of what the law might cover, though not an official government document, experts say.
EU Mulls Enhanced Rules for Monitoring, Reporting Greenhouse Gas Emissions
December 1, 2011 by GlobalLaw
Filed under Environment
The European Commission Nov. 23 proposed to expand the greenhouse gas emissions data that EU countries are annually required to report…
Russia Simplifies Regulations for Investing In Joint Implementation Projects Under Kyoto Protocol
September 29, 2011 by GlobalLaw
Filed under Environment
The Russian government has issued a decree intended to simplify participation of other countries in Joint Implementation (JI) projects under the Kyoto Protocol…
Australia Unveils Carbon Price Scheme, Tougher 2050 Emissions Reduction Target
July 15, 2011 by GlobalLaw
Filed under Environment
Australian Prime Minister Julia Gillard July 10 unveiled a carbon price package involving a A$23 ($24.60) starting price per metric ton, backed by a new Clean Energy Finance Corp. that would invest A$10 billion ($10.7 billion) over five years in renewables and other clean energy projects…
European Commission Solicits Comments on Updating Greenhouse Gas Reporting Rules
March 15, 2011 by GlobalLaw
Filed under Environment
The rules for monitoring and reporting on greenhouse gas emissions in the European Union need to be updated and streamlined so that lawmakers can respond more quickly if policies are seen to be failing, the European Commission said March 7…