The final rules for the Californian allowance trading scheme initiative, which was agreed in December 2010, were voted on October 20th 2011. As from 2013, this new carbon market, which covers 85% of Californian emissions, is expected to enable the State to return to its 1990 emissions level by 2020. It will be a life-size test for the implementation of economy-wide carbon pricing policies in the United States.
Rarely does Europe get the chance to take a step back and reimagine its cleantech financing toolbox.
In the recent State of the Union speech, Ursula von der Leyen reiterated the need to stay on course towards Europe’s climate targets. In the coming months, the negotiations on EU’s Emission Trading System and the new framework for resilience and risk assessment will reveal the political and industrial forces at play, and if Member […]
The Innovation Fund is Europe’s flagship programme for bringing breakthrough cleantech to market, but a growing share of its grant portfolio is stuck before financial close.
