Carbon Finance

Chinese airlines to boycott EU ETS

Mon, 06 Feb 2012 16:56:00 GMT

China has issued its strongest warning yet about its airlines not participating in the EU Emissions Trading System.

More than 300 million CERs expected to be issued this year - UNEP Risø

Fri, 03 Feb 2012 15:49:00 GMT

An average of 30 million certified emission reductions are expected to be issued each month in 2012, according to UNEP Risø.

Questions swirl around fate of Chinese CDM projects

Thu, 02 Feb 2012 16:36:00 GMT

Speculation is increasing that the Chinese government is planning to curtail carbon credit exports from the country, and instead use the reductions to comply with its own national emissions trading system, market participants have told Carbon Finance.

ICF warns on spiralling California offset costs

Thu, 02 Feb 2012 14:23:00 GMT

California offset prices could surpass allowance prices if regulated entities choose to aggressively bank offsets in the next two years for future compliance, said consultancy ICF.

No quick WCI link, says consultancy

Thu, 02 Feb 2012 14:12:00 GMT

California has so many challenges getting its cap-and-trade programme up and running that a quick link with the Western Climate Initiative will be difficult, according to consultancy ICF.

First CFI projects could be proposed 'any day' - IETA

Wed, 01 Feb 2012 14:43:00 GMT

The first projects under Australia's domestic offset programme could be put forward "any day now", said Rob Fowler, the International Emissions Trading Association's representative in the country.

Carbon prices rally amid cold weather

Wed, 01 Feb 2012 14:41:00 GMT

An increase in power demand, prompted by colder temperatures across Europe, has pushed carbon prices above €8 this week.

Commission report builds case for tougher emissions targets

Wed, 01 Feb 2012 09:48:00 GMT

Business and environmental lobby groups have responded to a Commission working paper on emission targets by urging the adoption of more ambitious climate goals and limiting the supply of Emissions Trading System allowances.

Oil major names new carbon head

Tue, 31 Jan 2012 16:23:00 GMT

One of the world's leading oil firms has appointed a new head of emissions.

KPMG sees possible Chinese national ETS by 2015

Tue, 31 Jan 2012 14:31:00 GMT

China's aggressive pursuit of carbon trading could mean the country will have a national market by 2015, according to KPMG.

Market intervention 'highly likely' in EU ETS

Tue, 31 Jan 2012 09:42:00 GMT

EU governments are highly likely to intervene to prop up their emissions trading system, said one market observer.

Cautious start expected for Californian trading - KPMG

Fri, 27 Jan 2012 17:52:00 GMT

Regulated entities are not likely to jump into California's cap-and-trade programme right away because of substantial market risks, expected price volatility and relative inexperience with emissions trading, said a KPMG climate expert.

RGGI rules hinder offset creation - ECC

Fri, 27 Jan 2012 16:52:00 GMT

Regional Greenhouse Gas Initiative regulators need to improve the flexibility of their offset rules if they want their programmes to produce credits, according to one project developer.

RGGI may need UN offsets, if the price is right

Fri, 27 Jan 2012 14:20:00 GMT

The Regional Greenhouse Gas Initiative market could tap the abundant supply of certified emissions reductions, if the RGGI states modify the programme in way that raises allowances prices, experts said.

UK MPs warn on unilateral carbon tax

Thu, 26 Jan 2012 16:37:00 GMT

A committee of UK parliamentarians has warned that the government's planned top-up tax on emissions allowances could have a "devastating effect" on industry.

CAR warns on future California offset supply

Wed, 25 Jan 2012 16:32:00 GMT

Californian regulators must move fast to adopt more offset project types in time for the second compliance period of their trading programme, but the four protocols they have approved should - just - be enough to meet demand in the first compliance period, said Climate Action Reserve president Gary Gero.

Utility hedging lifts carbon prices

Wed, 25 Jan 2012 14:42:00 GMT

Carbon prices have traded up this week amid increased utility hedging, despite sovereign auctions adding supply to the market.

'Expect HFC projects to be turned off', operator warns

Wed, 25 Jan 2012 12:45:00 GMT

Unexpected changes to the rules for Clean Development Mechanism projects will result in plants destroying HFC23, a highly potent greenhouse gas, being turned off, an operator has said.

Lobby group calls for surplus EUA controls

Wed, 25 Jan 2012 12:35:00 GMT

The Climate Markets and Investment Association has called on the EU to curb the amount of surplus emissions allowances in the bloc's emissions trading system.

ADB to fund Tianjin pilot ETS

Wed, 25 Jan 2012 11:25:00 GMT

The Asian Development Bank has agreed a grant to help fund a pilot emissions trading system in the Chinese city of Tianjin.

GreenX launches spread trading for CCA futures

Wed, 25 Jan 2012 11:15:00 GMT

The Green Exchange has introduced spread trading for California carbon allowance futures, for the contract months December 2012-December 2014.

Holcim files compensation claim for stolen EUAs

Tue, 24 Jan 2012 16:46:00 GMT

Swiss cement manufacturer Holcim has filed a claim for compensation relating to the theft of EU allowances in November 2010.

US developer plans African expansion

Tue, 24 Jan 2012 14:07:00 GMT

A US investor in emission reduction projects is expanding its cookstove project development team, after a deal to acquire an African developer fell through.

Carbon Retirement divides business among Sandbag, Palmetto

Tue, 24 Jan 2012 14:00:00 GMT

Carbon offsetting company Carbon Retirement is being broken up, with its research and retirement businesses divided between two organisations, Sandbag and Palmetto Climate, respectively.

Buyers' liability not restricting trading in Alberta

Tue, 24 Jan 2012 12:58:00 GMT

Buyers' liability risk has not had a big impact on Alberta's emissions trading programme, said a leading market participant - and could be an example for California's system.