Europe’s Small Airlines Feel the ETS Compliance Squeeze

Carbon credits now trade on the European market at rates as low as €4.25 ($5.52) per metric ton, so the actual cost of buying credits for operators with limited emissions within the EU is quite low. The main expense comes from the bureaucratic burden associated with verifying and submitting the credits.

Japanese demand for U.N. carbon offsets evaporates - News - Point Carbon

BEIJING/TOKYO, April 2 (Reuters Point Carbon) - Japan, once among the world’s biggest buyers of carbon offsets, on Monday reported a second consecutive year without buying carbon credits, marking the end of the government’s involvement in the U.N. emissions market.

Climate risk | The Salt Lake Tribune

[Americans] flat don’t want to devote billions of dollars in tax revenue to protect people and businesses that stubbornly insist on living in harm’s way.

In other words, their message to the growing numbers of coast huggers is this: Either pay for higher sea walls and restoring sand dunes yourselves, or move far enough inland that you won’t have to worry about footing the bill to mitigate seaborne catastrophes on the order of Superstorm Sandy and Hurricane Katrina.