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EU governments nearing deal on backloading
11 December 2013Most EU countries have called for swift implementation of a plan to boost prices in the EU Emissions Trading System (ETS) and have backed a Commission proposal on how to implement the plan.
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EU ETS backloading saga nears conclusion as states agree to start 'trialogue'
08 November 2013EU member states today gave the go-ahead to begin talks with the Parliament and Commission on a short-term fix to boost prices in the region's emissions trading system (ETS).
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EUAs jump as Merkel boosts hopes for market fix
17 October 2013European carbon prices have jumped after German Chancellor Angela Merkel said she backed a proposal to 'backload' emissions allowances, boosting hopes that the plan to support prices will come into force.
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ICAO agrees aviation emissions plan for 2020 but 'handicaps EU efforts'
07 October 2013The International Civil Aviation Organization (ICAO) has agreed to introduce a global market-based mechanism to reduce greenhouse gas emissions beginning in 2020, but has been slammed for restricting regional efforts to do the same.
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EU carbon prices hit five-month high after free allowance cut
06 September 2013European carbon prices have climbed above €5 ($6.58) for the first time since April after a reduction of free allocations to installations in the oversupplied market was confirmed.
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Trading firm loses head of emissions
24 July 2013A European trading and asset management firm has said it remains committed to the carbon markets despite the departure of its head of emissions.
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EU carbon surges after stronger-than-expected fix in Parliament
03 July 2013EU carbon prices climbed almost 50% today after the European Parliament backed a plan to give the ailing market a short-term boost, and unexpectedly rejected most amendments that would have weakened the proposal.