Carbon Finance http://www.carbon-financeonline.com en-uk News & Analysis of market solutions to climate change Digital Method Web Publishing Systems Thu, 11 Mar 2010 05:18:04 GMT Wed, 10 Mar 2010 17:34:00 GMT editor@carbon-financeonline.com editor@carbon-financeonline.com 'Carbon fat cats' sandbagged over surplus EUAs Some industrial companies in the EU Emissions Trading Scheme have been given so many emissions permits they may not have to cut their greenhouse gas emissions before 2020, according to environmental NGO Sandbag. http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12779 Wed, 10 Mar 2010 17:34:00 GMT http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12779 Opposition likely for leaked EUA auction plan The Commission is to push ahead with proposals for a single, central platform to auction EU allowances in Phase III, according to a leaked draft of the regulations. http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12784 Wed, 10 Mar 2010 17:34:00 GMT http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12784 EPA's Jackson -- no plans to enforce cap and trade The US Environmental Protection Agency has no plans to enforce a cap-and-trade programme for greenhouse gases, the agency's administrator said Monday. http://www.carbon-financeonline.com/index.cfm?section=americas&action=view&id=12785 Wed, 10 Mar 2010 17:34:00 GMT http://www.carbon-financeonline.com/index.cfm?section=americas&action=view&id=12785 Broker launches pricing screen for options trades Brokerage firm CarbonDesk has launched a platform to ease and encourage the trading of carbon options contracts. http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12786 Wed, 10 Mar 2010 17:34:00 GMT http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12786 WCI to reject closed emissions trading programme? A key Western Climate Initiative committee is closing in on a recommendation to allow open trading of emissions allowances in the regional cap-and-trade programme, rather than restricting activity to emitters only. http://www.carbon-financeonline.com/index.cfm?section=americas&action=view&id=12787 Wed, 10 Mar 2010 17:34:00 GMT http://www.carbon-financeonline.com/index.cfm?section=americas&action=view&id=12787 Key Senator backs away from EPA delay bill US legislators are pursuing bills to temporarily delay the Environmental Protection Agency from regulating greenhouse gas emissions from stationary sources while they pursue a legislative alternative, but the prospects are uncertain with one key senator already announcing he would not support the effort. http://www.carbon-financeonline.com/index.cfm?section=americas&action=view&id=12788 Wed, 10 Mar 2010 17:34:00 GMT http://www.carbon-financeonline.com/index.cfm?section=americas&action=view&id=12788 Africa carbon prospects gain fresh wind at Kenya forum One thousand people attended the Africa Carbon Forum last week, around double the numbers the organisers expected, which participants put down to growing optimism about carbon projects on the continent among financiers, politicians and project developers. http://www.carbon-financeonline.com/index.cfm?section=africa&action=view&id=12789 Wed, 10 Mar 2010 17:34:00 GMT http://www.carbon-financeonline.com/index.cfm?section=africa&action=view&id=12789 WCI partners reject fixed annual offset limit Western Climate Initiative partners have rejected a contentious recommendation to maintain the annual limit on offsets even if new jurisdictions join the programme in future years. http://www.carbon-financeonline.com/index.cfm?section=americas&action=view&id=12790 Wed, 10 Mar 2010 17:34:00 GMT http://www.carbon-financeonline.com/index.cfm?section=americas&action=view&id=12790 DTEK tenders 5 million ERUs The power generation division of DTEK has put some 5 million Emission Reduction Units out to tender. http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12791 Wed, 10 Mar 2010 17:34:00 GMT http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12791 India, China sign up to Copenhagen Accord India and China have this week agreed to endorse the Copenhagen Accord, clearing up any lingering doubts about their support for the text. http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=12780 Wed, 10 Mar 2010 17:30:00 GMT http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=12780 EU changes stance on 30% target An international agreement on climate change is no longer a prerequisite for the EU to increase its greenhouse gas reduction target, said EU climate action commissioner Connie Hedegaard http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=12781 Wed, 10 Mar 2010 17:30:00 GMT http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=12781 Law firm seeks EU ETS phishing victims for civil case Law firm Hunton & Williams is pursuing a number of companies that bought EU allowances stolen during the recent 'phishing' scam, and is looking for other victims to join a civil case. http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=12782 Wed, 10 Mar 2010 17:30:00 GMT http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=12782 White House meeting raises hopes on climate bill A high-profile meeting at the White House between President Barack Obama and a bipartisan group of US senators has revived hopes that a climate and energy bill may be forthcoming in 2010. http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=12793 Wed, 10 Mar 2010 15:36:00 GMT http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=12793 Speculation rife on new UN climate chief as de Boer stands down A list of possible successors to Yvo de Boer as executive secretary of the UN Framework Convention on Climate Change is starting to emerge, with one climate policy veteran emerging as the carbon market's favourite. http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=12770 Wed, 10 Mar 2010 12:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=12770 People moves Recent job changes in the carbon market. http://www.carbon-financeonline.com/index.cfm?section=inbrief&action=view&id=12772 Wed, 10 Mar 2010 12:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=inbrief&action=view&id=12772 Defending intervention Europe's politicians intervened in designing the carbon market in the first place, so further intervention to produce a meaningful carbon price is justified, argues Tim Yeo http://www.carbon-financeonline.com/index.cfm?section=features&action=view&id=12773 Wed, 10 Mar 2010 12:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=features&action=view&id=12773 Uncertain outlook As uncertainty over the post-2012 carbon market persists, Joshua Speckman asks: is there a future for the Clean Development Mechanism in China? http://www.carbon-financeonline.com/index.cfm?section=features&action=view&id=12774 Wed, 10 Mar 2010 12:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=features&action=view&id=12774 From Copenhagen to Cancún It's all too easy to be pessimistic about December's Copenhagen climate talks. Leo Johnson and Lit Ping Low examine where the Copenhagen Accord leaves the negotiations now, and where business and negotiators need to look to next to get a deal in Cancún http://www.carbon-financeonline.com/index.cfm?section=features&action=view&id=12775 Wed, 10 Mar 2010 12:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=features&action=view&id=12775 Filling the hole Jerry Seager looks at the challenges of including ozone-depleting substances in the voluntary carbon market http://www.carbon-financeonline.com/index.cfm?section=features&action=view&id=12776 Wed, 10 Mar 2010 12:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=features&action=view&id=12776 RGGI prices range-bound ahead of auction Regional Greenhouse Gas Initiative futures remain confined to a tight trading range ahead of the March auction for RGGI allowances. http://www.carbon-financeonline.com/index.cfm?section=carbon_prices&action=view&id=12777 Wed, 10 Mar 2010 12:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=carbon_prices&action=view&id=12777 Prices edge up as post-issuance sales fears unfounded An anticipated wave of sales following the issuance of 2010 vintage EU allowances in late February failed to materialise, leaving traders scrambling to cover short positions and pushing prices up to their highest in almost a month. http://www.carbon-financeonline.com/index.cfm?section=carbon_prices&action=view&id=12778 Wed, 10 Mar 2010 12:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=carbon_prices&action=view&id=12778 Arcelor loses EU ETS challenge The European General Court has dismissed claims by ArcelorMittal, the world's largest steel producer, that the EU Emissions Trading Scheme discriminates against the steel sector. http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12750 Wed, 03 Mar 2010 17:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12750 Cez carbon profits down Czech utility Cez saw a CZK1.7 billion drop in net profits from emissions rights in 2009, in comparison to its "extraordinarily high gain" in 2008. http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12751 Wed, 03 Mar 2010 17:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12751 Ex-broker finds new role at Macquarie Macquarie Bank has hired a former broker to work on its environmental products desk in London. http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12752 Wed, 03 Mar 2010 17:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=europe&action=view&id=12752 'Ten years of litigation' under EPA emissions regs - lawyer US emitters would likely face 10 years of legal uncertainty were the Environmental Protection Agency to attempt to introduce a cap-and-trade system for greenhouse gases under the Clean Air Act, according to a prominent US emissions trading lawyer. http://www.carbon-financeonline.com/index.cfm?section=americas&action=view&id=12753 Wed, 03 Mar 2010 17:00:00 GMT http://www.carbon-financeonline.com/index.cfm?section=americas&action=view&id=12753