News Article | May 4, 2017
NEW YORK--(BUSINESS WIRE)--Accenture (NYSE: ACN) announced today that a software vulnerability testing program it developed for Educational Testing Service (ETS) – the world's largest private nonprofit educational testing and assessment organization – has received a 2017 CSO50 Award from publisher IDG's CSO. ETS develops, administers and scores more than 50 million tests annually in over 180 countries across 9,000 locations worldwide. The prestigious CSO50 Awards are presented annually to a select group of organizations that have demonstrated that their security projects/initiatives have created outstanding business value and thought leadership. ETS accepted its award at the CSO50 Conference + Awards held May 1-3, 2017, at the Scottsdale Resort at McCormick Ranch, Scottsdale, Arizona. “Being able to create and implement secure software is critical to the overall security of ETS’ systems,” said Jim Moran, chief information security officer at ETS. “In today’s environment companies need a powerful program that tests and safeguards all aspects of a network and critical systems with a defensive focus.” ETS, working with Accenture Security, implemented a testing program, the goal of which was to identify and remove software vulnerabilities before applications are delivered to the production environment. In tandem with the testing program, the company developed a training curriculum for its developers to educate them on common vulnerabilities seen in typical web software. Additionally, ETS deployed a new continuous vulnerability management program that regularly scans all production applications for misconfigurations and potential threats. “We congratulate ETS on this terrific and well-deserved recognition of its innovative enterprise security program,” said Kelly Bissell, managing director of Accenture Security. “This award is a testament to the vision and creative ingenuity of a combined Accenture and ETS team working in close collaboration to integrate security into the standard, daily tasks of software developers.” Launched in 2013, the CSO50 Awards recognizes 50 organizations for security projects and initiatives that demonstrate outstanding business value and thought leadership. The CSO50 Awards are scored according to a uniform set of criteria by a panel of judges that includes security leaders, industry experts, and academics. At non-profit ETS, we advance quality and equity in education for people worldwide by creating assessments based on rigorous research. ETS serves individuals, educational institutions and government agencies by providing customized solutions for teacher certification, English language learning, and elementary, secondary and postsecondary education, and by conducting education research, analysis and policy studies. Founded as a nonprofit in 1947, ETS develops, administers and scores more than 50 million tests annually – including the TOEFL® and TOEIC® tests, the GRE® tests and The Praxis Series® assessments – in more than 180 countries, at over 9,000 locations worldwide. www.ets.org. Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 401,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com. Accenture Security helps organizations build resilience from the inside out, so they can confidently focus on innovation and growth. Leveraging its global network of cybersecurity labs, deep industry understanding across client value chains and services that span the security lifecycle, Accenture protects organizations’ valuable assets, end-to-end. With services that include strategy and risk management, cyber defense, digital identity, application security and managed security, Accenture enables businesses around the world to defend against known sophisticated threats, and the unknown. Follow us @AccentureSecure on Twitter or visit us at www.accenture.com/security.
News Article | May 15, 2017
Honorary Gala for Navy Seals happening at Fenway Park in Boston, Massachusetts. -- Engineered Tax Services (ETS) and Gonzalez Family Office (GFO) are pleased to honor our U.S. Navy Seals in the great town of Boston. They realize and appreciate how much the U.S. Navy Seals do for our country. That is why ETS and GFO would like to recognize and support the Seals and their families.The SEAL Family Foundation Boston Gala is taking place at Fenway Park on Tuesday, May 16, 2017 from 5:30 to 10:30 p.m. For ticket and sponsorship pricing, or to learn more about the organization, visit http://sealfamilyfoundation.org.The SEAL Family Foundation is a nonprofit, 501(c)3 organization that raises funds and awareness for special programs in direct support of the Naval Special Warfare (NSW) families on a local, national, and global scale. It was founded in 2008, and more than 90 percent of all funding supports direct services, while the remaining funds directly support program administration and Foundation operations.The Foundation supports numerous programs designed to make sure the SEALS and families of Naval Special Warfare stay healthy during this time of persistent deployments. The Seal Family Foundation's vision is to be the premier provider of civilian support services. The Foundation plans to accomplish this with frequent analysis to ensure meeting current needs; by delivering exceptional programs; and by educating and involving the civilian population in support of these elite warriors.GFO collaborates with ETS, the largest specialty tax engineering firm in the country specializing in Cost Segregation, Energy Tax studies, and Research and Development tax credit studies. For more information regarding ETS, please visit their website at www.engineeredtaxservices.com
News Article | February 23, 2017
According to the new market research report, "EMI Shielding Market by Component (EMI Shielding Tapes & Laminates, Conductive Coatings and Paints, Metal Shielding Products, Conductive Polymers, EMI Filters), Method (Radiation, Conduction), Industry (Consumer Electronics, Telecom & IT, Automotive, Healthcare, Defense & Aerospace), and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to be valued at USD 7.38 Billion by 2022, growing at a CAGR of 5.68% between 2017 and 2022. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 68 market data Tables and 59 Figures spread through 141 Pages and in-depth TOC on "EMI Shielding Market" Early buyers will receive 10% customization on this report. The factors that are driving the growth of the market include the acceleration in the deployment of 4G/LTE infrastructure worldwide, stringent EMI regulations, and increasing deployment of electronics systems in the automotive. "Conductive coatings and paints segment to hold the largest share of the overall EMI shielding market" Conductive coatings and paints offer EMI shielding for non-metal surfaces such as plastics. Therefore, it is widely used in smartphones, tablets, telecom equipment, and medical and military devices. Conductive coating can be easily applied to plastic resins such as polycarbonate, polyphthalamide (PPA), polystyrene (PS), polyphenylene oxide (PPO), and polybutylene terephthalate (PBT), nylon. However, some raisins such as polyimide, polypropylene, liquid-crystal polymer, teflon, and polyethylene require primer prior to paint applications. "Automotive is expected to be the leading industry between 2017 and 2022" Nowadays, automobiles have several special features such as on-board navigation system, touchscreen infotainment system, ADAS, terrain response system, which were available only in mid-range passenger vehicles few years back. In the coming years, features such as wireless phone chargers, in-vehicle communication systems, and V2X technology are expected to increase the complexity in the automotive industry. All these create electromagnetic interference, which poses threat to electric circuitry of automotive. The increase in the use of electronics across all parts of vehicles would create multiple source of EMI. Hence to control the EMI in automotive industry, there would be an increasing demand for EMI shielding during the forecast period. "EMI shielding market in APAC expected to grow at the highest rate between 2017 and 2022" The market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. Ever-increasing use of electronic systems in the automotive, advancements in cellular infrastructure, and the proliferation for consumer electronic products are expected to fuel the growth of the said market in Asia Pacific. Various shielding materials such as EMI shielding tapes, conductive coatings, conductive polymers, filters, and metal enclosures are used to make the device and system electromagnetically compliant. The major players involved in this market include Chomerics (U.S.), Laird Plc. (U.K.), PPG Industries Inc. (U.S.), Henkel AG & Co. KGaA (Germany), and RTP Company (U.S.). The other players in this market include 3M Company (U.S.), Kitagawa Industries Co., Ltd. (Japan), Tech-Etch Inc. (U.S.), Leader Tech Inc. (U.S.), Schaffner Holding AG (Switzerland), and ETS-Lindgren (U.S.). Electronics Conformal Coating Market by Material (Acrylic, Silicone, Parylene, Urethane/Polyurethane, Epoxy), Equipment (Curing, Coating), Method (Brush Coating, Dipping), Application and Geography - Global Forecasts to 2020 http://www.marketsandmarkets.com/Market-Reports/conformal-coatings-market-4692419.html MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
News Article | February 22, 2017
The Global Universal Testing Machine Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Universal Testing Machine industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Universal Testing Machine market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states importexport, supply and consumption figures as well as cost, price, revenue and gross margin by regions (United States, Europe, China and Japan), and other regions can be added. Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What’s more, the Universal Testing Machine industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Analytics and data presented in each report pertain to several parameters such as – Global and Regional Market Sizes, Market Shares, Market Trends Product (Global and Regional) Market Sizes, Market Shares, Market Trends Technology Trends Corporate Intelligence Key Companies By Sales, Brands, Products Other Strategic Business Affecting Data 1 Industry Overview of Universal Testing Machine 1 1.1 Definition and Specifications of Universal Testing Machine 1 1.1.1 Definition of Universal Testing Machine 1 1.1.2 Specifications of Universal Testing Machine 2 1.1.3 Structure of Universal Testing Machine 3 1.2 Classification of Universal Testing Machine 3 1.2.1 Classification of Universal Testing Machine by Structure 3 1.2.2 Classification of Universal Testing Machine by Driving Method 5 1.2.3 Classification of Universal Testing Machine by Load Capacity 8 1.3 Applications of Universal Testing Machine 8 1.3.1 Scientific and Education 10 1.3.2 Industrial 10 1.4 Industry Chain Structure of Universal Testing Machine 12 1.5 Industry Overview and Major Regions Status of Universal Testing Machine 12 1.5.1 Industry Overview of Universal Testing Machine 12 1.5.2 Global Major Regions Status of Universal Testing Machine 13 1.6 Industry Policy Analysis of Universal Testing Machine 13 1.7 Industry News Analysis of Universal Testing Machine 14 8 Major Manufacturers Analysis of Universal Testing Machine 90 8.1 MTS (US) 90 8.1.1 Company Profile 90 8.1.2 Product Picture and Specifications 91 8.1.3 Capacity, Production, Price, Cost, Gross, and Revenue 93 8.1.4 Contact Information 94 8.2 Instron (US) 94 8.2.1 Company Profile 94 8.2.2 Product Picture and Specifications 96 8.2.3 Capacity, Production, Price, Cost, Gross, and Revenue 98 8.2.4 Contact Information 99 8.3 ZwickRoell (GE) 100 8.3.1 Company Profile 100 8.3.2 Product Picture and Specifications 101 8.3.3 Capacity, Production, Price, Cost, Gross, and Revenue 104 8.3.4 Contact Information 105 8.4 Shimadzu (JP) 105 8.4.1 Company Profile 105 8.4.2 Product Picture and Specifications 106 8.4.3 Capacity, Production, Price, Cost, Gross, and Revenue 110 8.4.4 Contact Information 112 8.5 ADMET (US) 112 8.5.1 Company Profile 112 8.5.2 Product Picture and Specifications 113 8.5.3 Capacity, Production, Price, Cost, Gross, and Revenue 115 8.5.4 Contact Information 117 8.6 Hegewald?&?Peschke (GE) 117 8.6.1 Company Profile 117 8.6.2 Product Picture and Specifications 118 8.6.3 Capacity, Production, Price, Cost, Gross, and Revenue 121 8.6.4 Contact Information 123 8.7 AMETEK (US) 123 8.7.1 Company Profile 123 8.7.2 Product Picture and Specifications 125 8.7.3 Capacity, Production, Price, Cost, Gross, and Revenue 126 8.7.4 Contact Information 128 8.8 Torontech (CA) 129 8.8.1 Company Profile 129 8.8.2 Product Picture and Specifications 130 8.8.3 Capacity, Production, Price, Cost, Gross, and Revenue 132 8.8.4 Contact Information 134 8.9 Keysight Technologies (US) 134 8.9.1 Company Profile 134 8.9.2 Product Picture and Specifications 135 8.9.3 Capacity, Production, Price, Cost, Gross, and Revenue 136 8.9.4 Contact Information 138 8.10 Qualitest?International (CA) 138 8.10.1 Company Profile 138 8.10.2 Product Picture and Specifications 139 8.10.3 Capacity, Production, Price, Cost, Gross, and Revenue 141 8.10.4 Contact Information 143 8.11 Tinius?Olsen 143 8.11.1 Company Profile 143 8.11.2 Product Picture and Specifications 144 8.11.3 Capacity, Production, Price, Cost, Gross, and Revenue 146 8.11.4 Contact Information 148 8.12 Applied Test Systems (USA) 148 8.12.1 Company Profile 148 8.12.2 Product Picture and Specifications 149 8.12.3 Capacity, Production, Price, Cost, Gross, and Revenue 152 8.12.4 Contact Information 154 8.13 ETS Intarlaken (IN) 154 8.13.1 Company Profile 154 8.13.2 Product Picture and Specifications 155 8.13.3 Capacity, Production, Price, Cost, Gross, and Revenue 156 8.13.4 Contact Information 158 8.14 Jinan Shijin Group (CN) 158 8.14.1 Company Profile 158 8.14.2 Product Picture and Specifications 159 8.14.3 Capacity, Production, Price, Cost, Gross, and Revenue 162 8.14.4 Contact Information 164 8.15 Shenzhen Suns (CN) 164 8.15.1 Company Profile 164 8.15.2 Product Picture and Specifications 165 8.15.3 Capacity, Production, Price, Cost, Gross, and Revenue 168 8.15.4 Contact Information 170 8.16 Jinan Tianchen (CN) 170 8.16.1 Company Profile 170 8.16.2 Product Picture and Specifications 171 8.16.3 Capacity, Production, Price, Cost, Gross, and Revenue 174 8.16.4 Contact Information 176 8.17 Changchun Kexin Test Instrument (CN) 176 8.17.1 Company Profile 176 8.17.2 Product Picture and Specifications 177 8.17.3 Capacity, Production, Price, Cost, Gross, and Revenue 178 8.17.4 Contact Information 180 8.18 WANCE Group (CN) 180 8.18.1 Company Profile 180 8.18.2 Product Picture and Specifications 181 8.18.3 Capacity, Production, Price, Cost, Gross, and Revenue 184 8.18.4 Contact Information 186 8.19 Shanghai?Hualong (CN) 186 8.19.1 Company Profile 186 8.19.2 Product Picture and Specifications 187 8.19.3 Capacity, Production, Price, Cost, Gross, and Revenue 191 8.19.4 Contact Information 193 8.20 Tianshui Hongshan 193 8.20.1 Company Profile 193 8.20.2 Product Picture and Specifications 194 8.20.3 Capacity, Production, Price, Cost, Gross, and Revenue 196 8.20.4 Contact Information 197 8.21 Laizhou Huayin (CN) 197 8.21.1 Company Profile 197 8.21.2 Product Picture and Specifications 199 8.21.3 Capacity, Production, Price, Cost, Gross, and Revenue 200 8.21.4 Contact Information 202 8.22 Shenzhen Reger (CN) 202 8.22.1 Company Profile 202 8.22.2 Product Picture and Specifications 203 8.22.3 Capacity, Production, Price, Cost, Gross, and Revenue 206 8.22.4 Contact Information 207 8.23 Hung Ta Instrument (TW) 207 8.23.1 Company Profile 207 8.23.2 Product Picture and Specifications 208 8.23.3 Capacity, Production, Price, Cost, Gross, and Revenue 209 8.23.4 Contact Information 211 8.24 Shandong Drick (CN) 211 8.24.1 Company Profile 211 8.24.2 Product Picture and Specifications 212 8.24.3 Capacity, Production, Price, Cost, Gross, and Revenue 215 8.24.4 Contact Information 216 8.25 Jinan?Kehui (CN) 216 8.25.1 Company Profile 216 8.25.2 Product Picture and Specifications 218 8.25.3 Capacity, Production, Price, Cost, Gross, and Revenue 219 8.25.4 Contact Information 221 8.26 Jinan Fine (CN) 221 8.26.1 Company Profile 221 8.26.2 Product Picture and Specifications 222 8.26.3 Capacity, Production, Price, Cost, Gross, and Revenue 224 8.26.4 Contact Information 225 8.27 Jinan Liangong (CN) 225 8.27.1 Company Profile 225 8.27.2 Product Picture and Specifications 226 8.27.3 Capacity, Production, Price, Cost, Gross, and Revenue 229 8.27.4 Contact Information 231 8.28 HRJ (CN) 231 8.28.1 Company Profile 231 8.28.2 Product Picture and Specifications 232 8.28.3 Capacity, Production, Price, Cost, Gross, and Revenue 235 8.28.4 Contact Information 236 For more information, please visit https://www.wiseguyreports.com/sample-request/982411-global-universal-testing-machine-industry-2017-deep-market-research-report
News Article | February 15, 2017
ChannelE2E’s second annual Top 100 Vertical Market MSPs survey (http://www.channelE2E.com/top100) is now open for participation. All managed IT services providers across all vertical markets worldwide can participate. The Top 100 Vertical Market MSPs survey and resulting research identify and honor the top 100 MSPs in healthcare, government, financial services, manufacturing, media, retail and additional vertical markets. 10. Lumen21 (healthcare) 9. IT-Serve (media) 8. Winxnet (not for profit) 7. Synergics (technology) 6. American Technology Services (not for profit) 5. ETS (healthcare) 4. OnePath (healthcare) 3. Agio (financial services/banking) 2. TekLinks (healthcare) 1. All Covered (financial services/banking) “Through multiple research approaches, our team has identified and honored the world’s top-performing MSPs for a decade,” said Amy Katz, CEO of After Nines Inc., ChannelE2E’s parent. “We look forward to sharing this year’s survey results -- and unveiling this year’s honorees -- on April 27.” The Top 100 Vertical Market MSPs survey, research and list are overseen by Content Czar Joe Panettieri (@JoePanettieri). Catch Panettieri’s daily coverage of MSPs and the IT channel on ChannelE2E’s home page, http://www.ChannelE2E.com. About After Nines Inc. and ChannelE2E ChannelE2E, powered by After Nines Inc., tracks every stage of the IT service provider journey — from entrepreneur to exit. Through exclusive blogs, research and crowdsourced databases, our content guides VARs, MSPs, CSPs, ISVs and the broader IT channel through the five stages of business: Startup, growth, sustained performance, pivot and exit. ChannelE2E also tracks the top IT automation tools and technologies that drive partner profitability. For content, research and crowdsourced database information, please contact Content Czar Joe Panettieri (Joe@AfterNines.com). For sponsorship information please contact President and CEO Amy Katz (Amy@AfterNines.com). Visit ChannelE2E daily (http://www.ChannelE2E.com) and follow us on Twitter (http://www.twitter.com/ChannelE2E) and Facebook (http://www.facebook.com/ChannelE2E).
News Article | February 15, 2017
SUNNYVALE, Calif.--(BUSINESS WIRE)--LitePoint, a leading provider of wireless test solutions, announced that they have partnered with ETS-Lindgren to create the first over-the-air test system for performing antenna measurements for Bluetooth low energy devices. Until now developers of Bluetooth low energy products were forced to use wired test solutions for performing antenna measurements, which can significantly impact results for total radiated transmitter power (TRP), total isotropic receiver sensitivity (TIS), and antenna patterns. This advancement is critical to wireless product developers who need to characterize antenna performance and ensure their product designs will work in customer hands the way they were designed. Allen Henley, Product Marketing Manager at LitePoint said, “Antenna performance is critical for any wireless device - if the antenna doesn’t work well, the product doesn’t work well. ETS-Lindgren is widely recognized as the leader in antenna measurement systems and with this partnership and new measurement solution, together we enable designers to build better Bluetooth low energy devices.” With this partnership, ETS-Lindgren is now an authorized reseller of LitePoint’s IQxel-M test platform with Bluetooth Advanced software. The solution is integrated into the ETS-Lindgren Bluetooth low energy Antenna Measurement System for turn-key antenna measurements - providing TIS, TRP, and antenna pattern measurements. Jari Vikstedt, Wireless Solutions Manager at ETS-Lindgren added, “Bluetooth low energy devices often have tight constraints on cost and size. As a result, we are seeing a lot more designs with marginal antenna performance. This directly impacts a customer’s perception of the device, but now with this new test solution from ETS-Lindgren and LitePoint, we can help developers build better performing, more successful products.” LitePoint creates wireless test solutions and services for the world’s most innovative wireless device makers, helping them to ensure their products perform for today’s demanding consumers. A leading innovator in wireless testing, LitePoint products come out of the box ready to test the most widely used wireless chipsets in the world. LitePoint works with the leading makers of smartphones, tablets, PCs, wireless access points and chipsets. LitePoint is also at the forefront of testing the burgeoning world of connected devices…the Internet of Things. Headquartered in Silicon Valley, California, and with offices around the world, LitePoint is a wholly owned subsidiary of Teradyne (NYSE: TER), a leading supplier of automation equipment for test and industrial applications. Teradyne had revenue of $1.75 billion in 2016 and currently employs approximately 4,300 people worldwide.
News Article | March 2, 2017
BALTIMORE--(BUSINESS WIRE)--Prometric, a trusted provider of market-leading test development and delivery solutions, will meet with industry leaders during the Association of Test Publishers’ (ATP) 2017 Innovations in Testing annual conference to lead educational discussions on some of the industry’s most relevant topics. The four-day conference is tailored for certification and licensure professionals, and each year provides a forum for attendees to learn from – and collaborate with – their fellow colleagues. This year, Prometric’s full line up of experts will showcase a mix of topics – from announcing the latest outcomes of proprietary research to presenting best-practices case studies, and exploring advancements in standards and data analysis. “ATP’s annual conference is a premier opportunity for the industry to share knowledge and learning with each other,” said Charles Kernan, chief operating officer, Prometric. “We’re proud to have sponsored it for the 17th consecutive year. At every conference, we look forward to an insightful exchange and engaging discussions to move the industry forward.” For more information about the ATP 2017 Innovations in Testing conference, please visit http://www.innovationsintesting.org/. Prometric, a wholly-owned subsidiary of ETS, is a trusted provider of market-leading technology-enabled test development and delivery solutions. Committed to a set of values that believes in getting the right test to the right location at the right time and to the right test taker, Prometric supports test takers worldwide who take more than 8 million tests each year. Through innovation, workflow automation and standardization, Prometric delivers tests flexibly via the Web or by utilizing a robust network of more than 6,000 test centers in more than 160 countries on behalf of nearly 350 clients in the academic, financial, government, healthcare, professional, corporate and information technology markets. For more information, please visit www.prometric.com.
News Article | February 28, 2017
An overhaul of the EU’s flagship trading scheme for cutting carbon emissions by European industries has been approved by the member states. The agreement to reform the emissions trading system comes after almost two years’ of discussions but just two weeks after the European parliament voted in favour of a new directive. The acceleration in the EU’s efforts to toughen up the carbon reduction regime illustrates widespread acknowledgement of the need to plug loopholes in current legislation. The emissions trading system (ETS) is the EU’s key policy for combating climate change by reducing emissions from more than 11,000 installations in the power sector and energy intensive industries. The policy involves a market-based cap and trade system which forces companies to buy allowances to emit carbon. There have been widespread concerns that emissions were not being sufficiently capped due to an oversupply of “allowances” on the carbon market. ETS was introduced 12 years ago and initially worked well but prices plummeted after 2008 following the economic downturn. Under the proposed directive – now due for deliberation by the European parliament – the number of allowances can be gradually reduced, to push up their cost and provide an incentive for industries to adopt cleaner technologies. The cap on emissions will fall by 2.2% a year – the so-called linear reduction factor – until at least 2024. It is hoped that the new regime will deliver greater cuts in greenhouse gases while providing protection for energy-intensive industries. The highest performing 10% of factories and other installations will receive all their allowances for free, and a fund of up to €12bn (£10.2bn) will be established to help industry innovate and invest in technology. Miguel Arias Cañete, the European commissioner for climate action and energy, said: “Less than two weeks after the vote by parliament, today’s agreement demonstrates once more the European Union’s strong commitment to show leadership on climate action and help drive the global transition to clean energy. I count on everybody’s best efforts to swiftly initiate the negotiations between the council and parliament.” The revision of the ETS will now be negotiated in trialogue meetings between the parliament, European council and European commission. Environmental campaigners claim that the reformed ETS does still not do enough. A proposal to remove the rights of big polluters, such as the cement industry, from receiving free carbon credits, was not passed by the European parliament in February, frustrating many. However, the Conservative party’s energy and climate change spokesman Ian Duncan MEP, who steered the legislation revising the ETS scheme through the European parliament, said the new directive would be a crucial first step. “I am pleased the council has come to a position in good time. It is important we press ahead with this vital piece of climate-change legislation. There are many positive elements in the council position but still much work to do.”
News Article | February 15, 2017
An overhaul of a trading scheme to cut carbon emissions by European industries has been approved in a knife-edge vote by MEPs, although environmental campaigners have been quick to denounce the legislation for not going far enough. Under the proposals agreed in the European parliament in Strasbourg to update the emissions trading scheme (ETS), MEPs hope to balance greater cuts in greenhouse gases with protection for energy-intensive industries. The ETS imposes a cap on emissions from 11,000 power stations and industrial plants in 31 countries by forcing companies to buy allowances to emit carbon. The new measures agreed by MEPs will gradually reduce the number of allowances available in an attempt to push up their cost and provide an incentive for industries to adopt cleaner technologies. The cap on emissions will fall by 2.2% a year – the so-called linear reduction factor – until at least 2024. The highest performing 10% of factories and other installations will also receive all their allowances free while a fund of up to €12bn (£10.2bn) is to be established to help industry innovate and invest in technology. The Conservative MEP Ian Duncan, who steered the legislation through the parliament, said: “By passing this report we will be reminding member states of the commitment they signed up to. We simply must deliver the ambitions of the Paris agreement on climate change and do what is required for our planet. “This is bigger than Brexit, bigger than Britain, bigger than the EU. We have to get it right.” The report will now enter so-called “trilogue” negotiations between the European parliament, commission and council, which represents member states. Efforts to overhaul the ETS have also been overshadowed by Britain’s decision to leave the EU, raising fears the country would also leave the scheme. The draft measures were approved by 379 votes to 263 with 57 abstentions, although until a few hours before the vote MEPs were not sure the proposals would be passed. The parliament’s environment committee had suggested a more radical cut in the number of allowances allowed under the scheme. Wendel Trio, director of Climate Action Network Europe, a coalition of environmental groups, said MEPs had failed. He said: “It is shocking that the parliament chose to bow to the interests of polluting industries instead of protecting citizens from a catastrophic climate breakdown. The parliament has completely failed the first test of its commitment to the Paris agreement. “The proposed reforms will keep the carbon market ineffective for a decade or more. We urge progressive EU governments to finally turn the ETS into a functioning tool and create a stimulus to ditch old models and move to green economy.” Marc-Olivier Herman, Oxfam’s EU policy adviser, said: “Today’s vote by the European parliament represents a missed opportunity for the climate and for those hardest hit by global warming. “The text adopted fails to set new ambitious limits for climate-damaging emissions of the EU’s industry after 2020. “In addition, no share of the revenues from the EU emissions trading scheme was allocated to help poor countries adapt to the devastating impacts of climate change. The parliament and the council must address these flaws when they decide on the final text of the legislation.” Changes to the ETS will now be debated at the council of environment ministers on 28 February.
News Article | February 16, 2017
A carbon trading system puts a cap on the amount of carbon dioxide allowed to be emitted by large factories and other companies (AFP Photo/LOIC VENANCE) Strasbourg (France) (AFP) - The European Parliament on Wednesday adopted draft reforms of Europe's carbon market after 2021, a key step in reaching the bloc's climate change goals. The European Commission published its reform plans in July 2015 for the EU's Emissions Trading System (ETS), the world's largest. Ivo Belet, climate spokesman for the centre-right European People's party, said the "balanced" reforms would help the EU meet the Paris climate change targets, agreed at a landmark conference in December 2015. The carbon trading system puts a cap on the amount of carbon dioxide allowed to be emitted by large factories and other companies. The firms can trade in quotas of these emissions -- the idea being to provide a carrot to improve energy efficiency or switch to cleaner sources so that they keep within the ceiling. MEPs however insisted on a more ambitious scheme than that proposed by the commission, the executive arm of the 28-nation EU. The parliament in particular wants to cut 800 million emissions quotas in 2021, under an emergency mechanism that had been reserved for "market stability". Under the Paris climate deal, the EU plans to cut greenhouse gas emissions by 40 percent by 2030, compared against 1990 levels and make renewable energy account for 27 percent of energy use.