Carbon Finance

Green Exchange to add RGGI contracts to suite

Wed, 14 May 2008 17:30:00 GMT

The recently launched Green Exchange is to list Regional Greenhouse Gas Initiative carbon allowance futures in the third quarter, its parent the New York Mercantile Exchange announced last week.

Market inefficiencies risk EUA price spike - analyst

Wed, 14 May 2008 17:30:00 GMT

Inefficiencies in the European carbon market are keeping speculative players out of the market and could lead to a spike in EU allowance prices, Deutsche Bank analyst Mark Lewis has warned.

Indian fund eyes London listing

Wed, 14 May 2008 17:30:00 GMT

Indian power project firm KSK is preparing to list a new investment vehicle, the KSK Emerging India Energy Fund, on London's Alternative Investment Market next month.

Lieberman-Warner to allow CDM credits?

Wed, 14 May 2008 17:30:00 GMT

Speculation is growing that the leading climate change legislative proposal in the US will be amended to allow the use of Clean Development Mechanism credits, following statements by a former Senate staffer.

CER-EUA spread narrows on supply fears

Wed, 14 May 2008 17:30:00 GMT

The spread between EU allowance and certified emission reduction prices has narrowed over the past week.

McCain's plan opens door to offsets

Wed, 14 May 2008 17:30:00 GMT

Presumptive Republican presidential candidate John McCain unveiled his climate change plan on Monday, calling for a cap-and-trade scheme and, initially, allowing the use of offset credits for 100% of compliance.

Australia to examine trading scheme tax implications

Wed, 14 May 2008 17:30:00 GMT

The implications of emissions trading for the tax system and the role of environmental taxes generally are among the issues to be examined in a comprehensive review of Australia's tax system, announced yesterday by Treasurer Wayne Swan as part of the 2008 federal Budget.

Trust, leadership biggest obstacle to a new agreement - UNFCCC chief

Wed, 14 May 2008 17:30:00 GMT

A lack of trust and leadership are the biggest obstacles to overcome in negotiating a new international climate change agreement, UN climate change chief Yvo de Boer told Carbon Finance last week.

Phase III proposals "strengthen" EU position - Commission official

Wed, 14 May 2008 17:30:00 GMT

Proposals to restrict the use of international credits in Phase III of the EU Emissions Trading Scheme strengthen the bloc's negotiating position in international climate talks, said a Commission official last week in Cologne.

Leaving Kyoto "dose of reality" - Canadian official

Wed, 14 May 2008 17:30:00 GMT

Abandoning Kyoto Protocol emission reduction targets is "just a dose of reality" for Canada, a government official told delegates at last week's Carbon Expo conference in Germany.

Sponsorship Opportunities - Carbon Finance 2008

Wed, 14 May 2008 16:30:00 GMT

London - October 8th, 9th &, 10th at the Grange City Hotel

EIA says Lieberman-Warner a mixed bag for US economy

Wed, 07 May 2008 16:30:00 GMT

The Lieberman-Warner Climate Security Act would lead to sharp rises in US energy and manufacturing costs, but would have minimal impact on GDP, according to the US Energy Information Administration.

New Zealand to delay free allowance phase-out

Wed, 07 May 2008 16:30:00 GMT

The New Zealand government will defer the phase-out of free emission unit allocations to businesses seriously affected by the imminent introduction of emissions trading, announced Prime Minister Helen Clark yesterday.

Environment groups question Alberta's GHG reduction scheme

Wed, 07 May 2008 16:30:00 GMT

Albertan industry chose to meet about half of its target on cutting the intensity of its greenhouse gas emissions by paying into a government technology fund which offers no guarantee that reductions will occur

Swiss negotiators could begin discussions on link with EU ETS late this year

Wed, 07 May 2008 16:30:00 GMT

The Swiss government may seek to begin formal negotiations on linking its emissions trading scheme with the EU ETS by the end of this year, but talks could be postponed until the future of the two schemes after 2012 is brought into focus

CDM project developers propose ethical code

Wed, 07 May 2008 16:30:00 GMT

Developers of projects in the Kyoto Protocol's Clean Development Mechanism are collaborating on a code of ethical conduct that aims to stamp out illegal practices and "protect the integrity" of the mechanism

CCC attracts new investors, builds war-chest

Wed, 07 May 2008 16:30:00 GMT

Climate Change Capital has raised £56 million ($109 million) from new investors, providing operating capital to drive "more aggressive expansion"

Carbon market value doubled in 2007 - World Bank

Wed, 07 May 2008 16:30:00 GMT

The value of the global carbon market doubled last year, to $64 billion, the World Bank said today in its annual State and Trends of the Carbon Market report. However, growth in transactions from new Clean Development Mechanism projects came to a halt last year

MEP proposes more CERs for aviation ETS

Wed, 07 May 2008 16:30:00 GMT

An MEP has called for airlines to be able to use a higher percentage of certified emission reductions for compliance when the sector joins the EU Emissions Trading Scheme

Time to rethink CDM additionality - Newcombe

Wed, 07 May 2008 16:30:00 GMT

The concept of project-by-project 'additionality' in Clean Development Mechanism (CDM) projects should be abandoned, according to a market veteran

CER supply concerns bring buyers to market

Wed, 07 May 2008 16:30:00 GMT

Renewed worries about the ability of the Clean Development Mechanism to generate sufficient carbon credits has provided a lift to carbon prices, in what has been generally a quiet week given public holidays and a major industry event

EdFT, Citi lose traders

Wed, 30 Apr 2008 16:35:00 GMT

The London offices of EdF Trading (EdFT) and Citi have both lost emissions traders.

Minnesota passes cap-and-trade bill

Wed, 30 Apr 2008 16:35:00 GMT

Minnesota's House of Representatives last week passed a law which would enable the creation of an emissions cap-and-trade scheme.

NZ ETS four times more expensive than tax - report

Wed, 30 Apr 2008 16:35:00 GMT

The emissions trading scheme proposed by the New Zealand government will cost the economy NZ$4.5 billion by 2025, according to the New Zealand Institute of Economic Research.

European Parliament calls for shipping emissions rules

Wed, 30 Apr 2008 16:35:00 GMT

The European Parliament has called "urgently" on the European Commission to draft legislation to cut greenhouse gas emissions from shipping by 2009.