Greenhouse gas emissions by the United Kingdom

Global Carbon Credit Market Report 2023: Rising Carbon Emissions Drives Growth

Retrieved on: 
Wednesday, April 19, 2023
Carbon, UK Emissions Trading Scheme, VCM, ETS, Policy, Segment, COVID-19, Aviation, Shock, Microsoft, Energy, GHG, European Union Emissions Trading System, Steel, Cooperative Mechanisms under Article 6 of the Paris Agreement, Government, NDC, Regional Greenhouse Gas Initiative, Amazon, Greenhouse gas emissions by the United Kingdom, Parity, Climate change, CCM, UK ETS, European Economic Area, EU ETS, RGGI, United Kingdom, Paris, Growth, Article, Renewable energy, Bank, Tourism, Tissue paper, EEA, EU, CORSIA

The global carbon credit market traded value was US$978.56 billion in 2022.

Key Points: 
  • The global carbon credit market traded value was US$978.56 billion in 2022.
  • At present, the overall carbon market is mainly characterized by the degree of regulation, namely the regulated compliance carbon market (CCM) and the unregulated voluntary carbon market (VCM).
  • The global carbon credit market has been growing over the past few years, due to factors such as the rising carbon emission, increasing corporate efforts in carbon offsetting, increase in adoption of net zero targets, increasing demand for natural climate solutions, establishment of CORSIA, etc.
  • Since the lack of governance and unified standards make it difficult for market participants to verify the quality of a given carbon credit, it became a hurdle for market growth.

EQT Releases 2020 Environmental, Social and Governance Report and Announces Net Zero Emissions Targets

Retrieved on: 
Tuesday, June 29, 2021
Greenhouse gas emissions, Resource economics, Energy, Articles, Carbon dioxide, Carbon neutrality, Renewable energy, Low-carbon economy, Greenhouse gas emissions by the United Kingdom, The Climate Group

Additionally, the Company announced targets to achieve net zero Scope 1 and 2 greenhouse gas (GHG) emissions in its Production segment operations by or before 2025.

Key Points: 
  • Additionally, the Company announced targets to achieve net zero Scope 1 and 2 greenhouse gas (GHG) emissions in its Production segment operations by or before 2025.
  • Our 2020 ESG Report outlines our strategy for reducing our emissions and how we view our role in accelerating a transition to a low carbon future," said Toby Z.
  • Rice continued, "The actions that we have taken in the last year have set EQT on the path to be net zero by 2025, if not sooner.
  • Topics of the conference call will include data disclosed in EQT's 2020 ESG Report, including a discussion of EQT's ESG strategy and emissions reduction targets.

IBM Commits To Net Zero Greenhouse Gas Emissions By 2030

Retrieved on: 
Tuesday, February 16, 2021
Carbon dioxide, Carbon neutrality, Renewable energy, Greenhouse gas, Greenhouse gas emissions by the United Kingdom, California Senate Bill 32

ARMONK, N.Y., Feb. 16, 2021 /PRNewswire/ --IBM (NYSE: IBM ) today announced that it will achieve net zero greenhouse gas emissions by 2030 to further its decades-long work to address the global climate crisis.

Key Points: 
  • ARMONK, N.Y., Feb. 16, 2021 /PRNewswire/ --IBM (NYSE: IBM ) today announced that it will achieve net zero greenhouse gas emissions by 2030 to further its decades-long work to address the global climate crisis.
  • "I am proud that IBM is leading the way by taking actions to significantly reduce emissions," said Arvind Krishna, Chairman and Chief Executive Officer, IBM.
  • To achieve its net zero goal IBM will:
    Reduce its greenhouse gas emissions 65% by 2025 against base year 2010.What's most important in the fight against climate change is toactually reduce emissions.
  • Use feasible technologies, such as carbon capture (in or by 2030) to remove emissions in an amount which equals or exceeds the level of IBM's residual emissions.

ICE appointed to host UK emissions auctions for the UK Emissions Trading Scheme

Retrieved on: 
Thursday, December 17, 2020
Professional services, Environment, Alternative energy, Energy, Finance, Banking, Climate change policy, Environmental policy, Carbon finance, Politics of climate change, Articles, European Union Emission Trading Scheme, Emissions trading, Intercontinental Exchange, Greenhouse gas emissions by the United Kingdom, Auction, UK Emissions Trading Scheme, New York Stock Exchange

As announced on December 14, 2020, the UK Government and Devolved Administrations will launch a UK Emissions Trading Scheme (UK ETS) from January 1, 2021, to replace the UKs participation in the EU ETS.

Key Points: 
  • As announced on December 14, 2020, the UK Government and Devolved Administrations will launch a UK Emissions Trading Scheme (UK ETS) from January 1, 2021, to replace the UKs participation in the EU ETS.
  • We congratulate the UK Government for its commitment and vision for a UK emissions trading scheme and are delighted to continue hosting auctions on its behalf, said Gordon Bennett, Managing Director, Utility Markets at ICE.
  • ICE has conducted Phase III EUA auctions on behalf of the UK Government since November 2012 and the first EUAA auction on ICE took place in September 2014.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

CRU: China announces ambitious plans for carbon neutrality before 2060

Retrieved on: 
Thursday, October 1, 2020
Climate change policy, Carbon dioxide, Carbon neutrality, Renewable energy, Carbon finance, Articles, Climate change, Nature, Greenhouse gas emissions by the United Kingdom, Emissions trading

CRU's China offices are uniquely placed to follow this topic and to help clients evaluate the implications of these policies.

Key Points: 
  • CRU's China offices are uniquely placed to follow this topic and to help clients evaluate the implications of these policies.
  • China has already embarked on a carbon emission reduction program and signed up to the Paris Agreement on Climate Change.
  • In fact, China is well on its way to meeting its first challenge for carbon emissions to peak before 2030.
  • However, the second challenge to reverse and offset CO2 emissions to obtain carbon neutrality before 2060 is a gargantuan challenge.

Climate Change (Emissions Targets)

Retrieved on: 
Wednesday, June 12, 2019
Nature, Natural environment, Climate change in the United Kingdom, Environment of the United Kingdom, Climate Change Act, Environment, Climate Change (Scotland) Act, Big Ask Campaign, Greenhouse gas emissions by the United Kingdom

A Bill to amend the Climate Change Act 2008 to require net United Kingdom carbon emissions to be zero by 2050 and to include international aviation and international shipping in the calculation of such emissions.

Key Points: 

A Bill to amend the Climate Change Act 2008 to require net United Kingdom carbon emissions to be zero by 2050 and to include international aviation and international shipping in the calculation of such emissions.