Tag Archives: Greenhouse Effect

Greenhouse Effect – Global Carbon Trading

In 2005 the EU established a cap for carbon emissions and trade program. This cap set a limit on the CO2 industry and utilities could emit. The cap is to reduce the greenhouse gases that cause global warming. A low cap will cost business, and a high one will have little impact reducing global warming. In 2017 the cap was 1.7 per cent annually that would reduce emissions by 43 per cent by 2030. In the EU carbon targets affect 11,000 energy and industrial plants.

With the trade program, each company has an emit target and can emit …

Posted in News and Op-eds | 4 Comments
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Recent Comments

  • Tim
    Hywel - the source of the "Norwegian gas is cleaner than UK gas" is here - https://www.petro-online.com/news/fuel-for-thought/13/sp-global/two-thirds-of-uk-and-...
  • Jason Connor
    No that was Nick Clegg in full flow on tuition fees....
  • Jason Connor
    I couldn't agree more with the first 3 posts. I heard a figure of 75% of households still use gas. The council stopped installing heat pumps on my estate as the...
  • Hywel
    "According to the regulator’s own figures, pipeline gas from Norway is produced with less than a third of the emissions of Britain’s North Sea output." W...
  • Chloe
    Well said David. There are 20 million gas boilers in the UK & not everyone has a spare few grand to change to heat pumps or have a suitable system that enab...