Latest news and articles about carbon trading from NEX English
Six EU countries, including Bulgaria and Poland, expressed growing concerns about the carbon trading system during an industry ministers' meeting in Brussels. They warned that planned reductions in free emission allowances could push industries to relocate to countries with less stringent environmental regulations.
The European Union has proposed modifications to its carbon trading program aimed at reducing the impact of emissions costs on rising energy bills. This comes as many member states face increasing economic pressures.
Indonesia and Japan have announced an agreement to enhance bilateral cooperation in forest management and climate change during an official visit by Indonesia's President to Japan. The new agreements cover areas such as carbon trading and biodiversity conservation.