Carbon Finance

CDM investors welcome plans to expand 'positive list' of projects

Wed, 16 May 2012 15:20:00 GMT

Emission reduction project developers and investors have welcomed a proposal by the Clean Development Mechanism Executive Board to expand a list of projects which can automatically qualify for carbon credits, without enduring an onerous and often lengthy - and costly - validation process.

Global Carbon Summer 2012 edition is available now

Wed, 16 May 2012 14:56:00 GMT

The latest issue of our new quarterly carbon markets and finance publication is now available FREE, online.

California traders welcome link plans, despite Quebec uncertainties

Wed, 16 May 2012 14:41:00 GMT

California market participants have welcomed draft rules for linking to Quebec's cap-and-trade system, but warned that important details about the province's programme are still unknown.

Nominations open for 2012 Carbon Finance awards

Wed, 16 May 2012 14:34:00 GMT

Environmental Finance and Carbon Finance are seeking nominations for this year's awards, including new categories for M&A deal of the year, and wind, solar and biomass financings.

Airlines reveal costs of emissions trading

Wed, 16 May 2012 14:28:00 GMT

Three EU airlines have revealed the impact of emissions trading on their results, with leading emitter Lufthansa predicting that it will spend €100 million on emissions permits this year.

EEX to auction 'NER 300' allowances in June-July

Wed, 16 May 2012 14:26:00 GMT

Leipzig-based exchange EEX will host the first auction of EU allowances under the EU's NER 300 programme on 7 June.

Carbon plummets on renewed eurozone problems

Wed, 16 May 2012 14:21:00 GMT

Emissions prices have fallen to a monthly low amid deepening financial issues in the eurozone.

Holcim sells $6.4m of carbon in Q1

Wed, 16 May 2012 14:20:00 GMT

Cement manufacturer Holcim sold carbon units worth CHF6 million in the first quarter of this year - compared with no sales during the same period last year.

PGE buys 1.3m offsets in Q1

Wed, 16 May 2012 10:10:00 GMT

Polish utility PGE bought 1.3 million carbon credits for PLN23 million during the first quarter of this year.

Commission welcomes fall in EU ETS emissions - despite EUA overhang

Tue, 15 May 2012 16:30:00 GMT

Connie Hedegaard, the EU's Climate Action Commissioner, today welcomed the fall in emissions from installations in the EU Emissions Trading System in 2011 - despite the fact that the market oversupply has doubled, to 900 million allowances.

Chinese, Indian airlines ignore EU ETS deadline

Tue, 15 May 2012 16:30:00 GMT

Ten airlines from China and India have shirked their reporting obligations under the EU Emissions Trading System, said climate action commissioner Connie Hedegaard today - and warned that they have until mid-June to comply or face penalties.

ETS reforms to be floated by summer, vows Hedegaard

Tue, 15 May 2012 16:04:00 GMT

The European Commission will propose options for reforming the EU Emissions Trading System before the summer recess, climate commissioner Connie Hedegaard pledged today.

Dong continues to stock up EUAs

Mon, 14 May 2012 12:58:00 GMT

Danish utility Dong Energy's carbon book jumped DKK400 million in value in the first quarter of this year from the end of 2011, as the company stocks up in preparation for the third phase of the EU Emissions Trading System.

Break the mould

Fri, 11 May 2012 16:07:00 GMT

Sustained low carbon prices in the EU Emissions Trading System have been blamed on the ongoing economic crisis - but there may be more fundamental design issues at play, argues Joost Kanen

Doing the groundwork

Fri, 11 May 2012 16:07:00 GMT

Chris Mitchell analyses the progress made so far in setting up Australia's Carbon Farming Initiative and the prospects for trading in its offset credits

EU carbon prices await set-aside deal

Fri, 11 May 2012 16:07:00 GMT

Emissions prices over the past month have been driven primarily by incremental developments on plans to remove allowances from the market in a bid to deal with the oversupply and boost prices.

Survival of the fittest

Fri, 11 May 2012 16:07:00 GMT

Maosheng Duan, chairman of the CDM Executive Board, answers questions from Katie Kouchakji about the future of the offsetting system, the effect of low prices and looming restrictions on the use of CDM credits

Pause for breath

Fri, 11 May 2012 16:07:00 GMT

While the benefits of directly linking emissions trading programmes are extolled by politicians, they may not be all they are cracked up to be, warns Miles Austin

People moves

Fri, 11 May 2012 16:07:00 GMT

Latest appointments in the carbon markets.

Parting of the ways

Fri, 11 May 2012 16:07:00 GMT

Kyoto offset credit supply is poised to match EU demand in the next two years - which could be disastrous for prices and new investments, says Benoît Leguet

Utilities vote boosts California market confidence

Fri, 11 May 2012 16:07:00 GMT

California allowance prices have been "jumping around", say brokers, since the California Public Utilities Commission signed off on rules governing how the state's investor-owned utilities can buy carbon compliance instruments.

Korea, Mexico pass emissions trading legislation

Fri, 11 May 2012 16:07:00 GMT

South Korea and Mexico have both passed legislation laying the foundations for greenhouse gas cap-and-trade programmes - illustrating growing interest in carbon markets in fast-growing emerging economies, even as Europe's trading system falters and as the US Congress remains indifferent.

RWE benefits from cheaper carbon in Q1

Fri, 11 May 2012 14:19:00 GMT

Low carbon prices helped boost RWE's first quarter results - and the power generator is likely to take advantage of cheap emission allowances to stock up for coming years, analysts said.

California drafts regulations for Quebec linkage

Fri, 11 May 2012 11:47:00 GMT

California has drafted proposals that would link its cap-and-trade programme to Quebec's - a key step in creating a US-Canadian regional trading system.

California, Alberta offsets trading lifts market value by 70%

Thu, 10 May 2012 16:13:00 GMT

The value of the North American carbon offset market surged nearly 70% last year on the back of increased trading of California and Alberta offsets - and a further increase is expected this year, according to a leading analysis firm.