Mumbai: There is panic among Indian companies holding carbon credits as prices have crashed by about 50% globally, in the last couple of months, due to a drop in demand fuelled mainly by the Eurozo

With the Kyoto Protocol unlikely to produce a new set of targets, Carbon Forum Asia 2011 which concluded in Singapore last week, released IETA’s Greenhouse Gas Market Report for the first time in A

New Delhi: In a pointer to recession easing in the West, greenhouse gas emissions from developed countries have begun rising again since 2009.

Lending credence to the Asia Pacific region’s importance in global emission trading market, the International Emissions Trading Association (IETA) launched the Annual Greenhouse Gas Market report f

Cutting carbon dioxide emissions seems more difficult than ever as global carbon markets have stalled after five years of consecutive growth.

A group of island states most vulnerable to global warming have lashed out against rich nations for wanting to delay a new international climate pact until years after the Kyoto Protocol on curbing

Russia recognizes that concrete steps to reduce greenhouse gas emissions need to be agreed at climate talks in South Africa next month before a globally binding climate deal can emerge by 2015, EU

The world can no longer have a system of tackling climate change that obliges some countries to cut their carbon emissions but lets others get away with mere voluntary targets, the European Union’s

Shipping’s share of UK carbon emissions could rise from about 2.5 per cent to as high as 25 per cent by 2050 without decisive action, according to the carbon emissions watchdog.