Related Articles
Forward article link
Share PDF with colleagues

Time to comply with emissions-trading systems

Emissions-trading systems are here to stay. Oil and gas firms need to start budgeting for them

One of the clearest signals to emerge from the Paris climate summit in December was international support for carbon markets as a key weapon in the fight against climate change. But instead of a single, global market, industries like the energy sector face a growing number of national and regional systems. In agreeing a global target of net carbon neutrality in the second half of the century, the countries that agreed the deal explicitly signalled that large-scale burning of liquid and solid fuels will have to end. But rather than regulate the fossil-fuel business out of existence, these countries seem willing to provide it with a path towards net-zero carbon through the use of emissions-tr

Also in this section
Batteries are streets ahead
19 June 2017
Batteries, not fuel cells, biofuels, or natural gas, are winning the race to power the next generation of cars
A greener Gulf
31 May 2017
Blessed with sunshine and wind as abundant as its oil and gas, the region is starting to plot a cleaner post-oil future
Bright forecast ahead for solar energy?
12 May 2017
Solar costs continue to fall, recently hitting less than 3 cents/kWh in some parts of the world. But the scaling back of incentives and constraints of the existing electricity infrastructure could hinder future expansion