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.
It is hot in Europe. Very hot. And the summer has only just begun. The recent heat wave in large parts of Europe reminds us that the forthcoming European framework for climate resilience and risk assessment comes with high stakes: it is about the safety of populations and the competitiveness of the European economy.
On the cusp of the Age of Electricity, Europe is on a mission to both strengthen industrial competitiveness and accelerate decarbonisation. The European Commission’s Clean Industrial Deal serves as the blueprint to deliver this ambition.
With the entry into force of the European carbon farming certification framework (CRCF), the European Union now has a first-of-its-kind tool to certify climate-friendly agricultural and forestry practices.
