Global News

Danish government adds $54m for buying CDM, JI credits[free access]

16 September, 2009

The Danish government has allocated an extra DKr275 million to buy pre-2012 credits from Clean Development Mechanism and Joint Implementation projects.

Climate Exchange volumes double, but regulatory uncertainty dampens optimism

16 September, 2009

Trading volumes and revenues continue to soar at environmental exchange operator Climate Exchange, but the firm warned growth in its US carbon contracts may stall, caught in legislative limbo between the decline of voluntary activities and the start of a federal programme.

Brokerage to auction CERs

16 September, 2009

CantorCO2e is planning an auction of certified emission reductions.

AAU sales ramp up

15 September, 2009

Sales of Assigned Amount Units are set to increase again, following a lull over the summer holiday period, as negotiations kick off in the Czech Republic, Estonia and Latvia.

Project-based deals

15 September, 2009

Recent project-based deals in the carbon market.

CDM an ‘addiction’ – banker

09 September, 2009

The Clean Development Mechanism is “an addiction” that the market needs to be cured of, according to a leading carbon banker.

Aviation emissions should drop to 2005 levels by 2050 – UK body[free access]

09 September, 2009

Global aviation emissions must be included in any climate deal agreed at Copenhagen, a key body advising the UK government has said.

New bidder for EcoSecurities?

09 September, 2009

A hostile takeover bid for emissions reduction project developer EcoSecurities by its former president has moved up a gear, as a new potential buyer has entered the frame.

BRICs push back on G20 climate efforts

09 September, 2009

Last weekend’s meeting of G20 finance ministers in London ended without visible progress on agreeing climate change financing, following resistance from leading developing countries.

Estonia negotiates for 85mn AAU sale

02 September, 2009

The Estonian government has begun negotiations for the sale of its 85.19 million Assigned Amount Unit surplus.

CER issuance down in 2009, to double next year – IDEAcarbon

02 September, 2009

The number of certified emissions reductions issued this year is unlikely to exceed last year’s 137.8 million, according to IDEAcarbon, but the figure is likely to almost double next year.

MCCF signs first Russian carbon contract

26 August, 2009

The Multilateral Carbon Credit Fund has signed its first contract to buy emissions reductions from a Joint Implementation project in Russia.

Online exchange offers 15m AAUs

26 August, 2009

A US-based online exchange is inviting bids for 15 million Assigned Amount Units from an undisclosed source.

Natsource reports fall in assets under management

19 August, 2009

Natsource Asset Management has reported a drop in its assets under management, as contracts deliver and its main carbon fund generates credits for its participants.

Carbon firms report strong start to 2009

14 August, 2009

London-listed carbon project developers EcoSecurities and Camco both reported strong results for the first half of the year, with the former posting its first profit.

First forestry project validated to VCS

14 August, 2009

A scheme to reforest degraded land in Tanzania has become the first project to be validated under the Voluntary Carbon Standard forestry guidelines – and is set to produce some 2.1 million offsets.

Project-based deals

14 August, 2009

Recent project-based deals in the carbon market.

Search for “perfect accuracy” hinders CDM – EDF [free access]

12 August, 2009

A quest to ensure “perfect accuracy” in the Clean Development Mechanism is hindering its growth, said EDF Trading.

Analysts boost Trading Emissions share price forecasts

12 August, 2009

Equity analysts have raised their share price targets for Trading Emissions – despite the London-listed emissions reduction project investor trimming the size of its carbon credit portfolio.

Camco says “solid” start to 2009, despite Russia write downs

12 August, 2009

Camco last week reported a “solid start” to 2009, with a surge in project verifications and the signing of new projects in China partially mitigating the effect of writing off half of its Russian carbon portfolio.

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