Cap and Trade

Moderate Democrats and Republicans increasingly confident they can secure the 60 votes needed to pass cap-and-trade legislation

Europol estimates carbon credit VAT fraud carried out by organised criminals could have cost EU billions in lost tax revenue

Controversial draft agreement signals that key industrialised nations will support global scheme to raise climate funds from aviation and shipping

Landmark ruling strengthens president's ability to deliver climate change deals in both Washington and Copenhagen

Short-haul operators and inefficient airlines likely to see profits hit by inclusion in EU emissions trading scheme

Danish government joins UK, France and Netherlands in imposing new rules to tackle "carousel fraud"

Energy firms predict further increases in carbon price are imminent if phase three allowances are not auctioned earlier

Climate bill defeated in 41-33 vote, as government insists it will put the bill before the Senate for a third time on Friday

Draft proposals could see about 600 carbon-intensive firms included in carbon trading scheme from 2012

Minister dismisses "exaggerated" cost projections, arguing that offsets will help reduce the cost of meeting 25 per cent target