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Global Briefing: China unveils long-awaited carbon trading market

Business Green

All the top green business news from around the world this week including China's ETS, Japan's fossil fuel car ban, and Enel's African green power push. The rules governing the scheme are expected to come into force from next month, with the first trading of CO2 allowances set to begin shortly afterwards.

Carbon 76
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Reports: Japan PM Suga vows 2050 net zero goal

Business Green

Prime Minister Yoshihide Suga uses first address since taking office last month to vow cut in Japan's greenhouse gases to net zero by 2050. Suga's announcement that Japan is to join the net zero club today was therefore warmly welcomed by diplomats and leaders worldwide, including COP26 hosts the UK.

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COP26 delay speculation mounts, as calls grow for green stimulus blitz

Business Green

President Trump has started proceedings to quit the Paris Agreement and has encouraged other opponents of the accord to follow suit, while both Joe Biden and Bernie Sanders have vowed to take the US back into the treaty and set a net zero emission goal for the US. It makes some sense to push back the timetable," he added.