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Commissioning change
Ferc chairman Joseph Kelliher talks with David Watkins about his views on the US energy markets, the Ferc's competition review and what needs doing next
Is the EU ETS working?
The EU's emissions trading scheme has created a massive oversupply of allowances for its first phase. Kjetil Røine and Henrik Hasselknippe ask whether the scheme is causing emissions reductions, whether there will be a sufficient shortage in Phase II and…
Bank of Montreal reports heavy commodity trading losses
BMO Financial Group, formerly the Bank of Montreal, said today that it has incurred second-quarter mark-to-market commodity trading losses estimated at between C$350 million ($313 million) and C$450 million ($403 million), pre-tax.
The hidden costs of climate change
The business risks posed to energy companies by climate change go well beyond compliance with emissions reduction schemes. Most companies that have taken climate risks into account have only considered half the picture, says John Firth
Power struggle
After years of negotiations, market players believe that a tipping point in the liberalisation of European power markets could be near. But who will be in the driving seat, asks Oliver Holtaway
Impact of ethanol
Increased demand for ethanol in the US has led to predictions that biofuels will have a 30% share of global energy demand by 2030, writes Eric Fishhaut