Cap and Trade

European Parliament proposal to ensure cash from auctioning carbon credits to airlines goes to fund green projects looks set to be rejected by the UK

Gaps emerging between McCain and Obama's plans for tackling global warming and energy security

UK's largest polluter insists it is making "good progress" in attempts to cut emissions

Reports claim government considering raising an extra £500m a year through carbon credit auctions as it attempts to fund fuel poverty measures

Prime minister hails "first concrete step" towards low carbon economy

Experts warn many firms lack the IT systems and skills to cope with Carbon Reduction Commitment

Draft plans for joint US-Canadian cap-and-trade scheme released

Three quarters of the economy to be covered by new carbon trading scheme

European Parliament seeking pact to head off threat of legal action from US carriers over plans to extend emission trading scheme to cover aviation

With support for a US cap-and-trade scheme growing attention is turning to how carbon credits should be allocated. Clark Williams-Derry argues auctioning for one and all is the way to go