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GHG Emissions From European Businesses Participating in Emissions Trading System Fell 3% in 2008

Green Car Congress

Emissions of greenhouse gases from European businesses participating in the EU Emissions Trading System (EU ETS) (cap-and-trade) fell 3.06 % in 2008 compared with a year earlier, according to the information provided by Member State registries. those participating in the system—was 11,359 in 2008, which is 213 fewer than in 2007.

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EEA Report: Trends in European Transport Are Heading in the Wrong Direction

Green Car Congress

Rail and inland waterway freight recorded increases of 11% and 17% respectively but saw their market share decline. The report also confirms that price signals play a major role in the choices made by consumers; a 10% increase in fuel prices is associated with a 20% increase in demand for bus services. —Professor McGlade.