Carbon
Leaders reach carbon agreement
Delegates at the G8+5 Climate Change Dialogue forum in Washington have agreed in principle to the setting up of a global cap-and-trade market for carbon emissions, similar to the EU Emissions Trading Scheme
Calling for clarity
As a US federal carbon trading scheme begins to look increasingly likely, the current lack of a definitive regulatory framework is frustrating the forward planning of utilities and power suppliers, finds David Watkins
Phase II takes shape
Despite the EC's tough stance on Phase II national allocation plans, carbon prices are drifting downwards. The potential for legal wrangling and uncertainty over the importing of project-based credits could be to blame, reports Henrik Hasselknippe
Goldman Sachs doubles stake in Climate Exchange
Shares in Climate Exchange, the UK-listed company that owns the European Climate Exchange (ECX) and the Chicago Climate Exchange, rose by around 5% after the company disclosed that US investment bank Goldman Sachs has doubled its stake to 19%.
Support grows for Feinstein-Carper bill
The US utility sector has thrown its support behind an aggressive cap-and-trade plan that specifically targets the greenhouse gas emissions of electric utilities.
GE and AES plan GHG offset partnership
Global power company AES and GE Energy Financial Services (GE EFS), a unit of General Electric, are to create a partnership to develop greenhouse gas (GHG) emission reduction projects in the US.
EC takes firm line on emission allowances
As Phase II of the EU ETS comes in to effect, the EC has slashed the national allocation plans of more than ten member states, writes Oliver Holtaway
Less is more
With Phase II of the European Union Emissions Trading Scheme set to be rolled out, Miles Austin investigates whether it will deliver greater emission reductions than Phase I
CO2 venture launches in US
Blue Source, a US-based company which invests in carbon reduction projects and supplies offsets, has teamed up with private equity firm First Reserve to create the first US venture to reduce CO2 emissions across the energy, manufacturing and…
Democrats' victory to boost carbon trade
A Democratic victory in the mid-term US elections is good news for green energies, but not necessarily for big oil, writes David Watkins
BNP Paribas expands CER portfolio
BNP Paribas has entered into two new contracts to purchase certified emissions reductions (CERs) generated from Clean Development Mechanism projects in Mexico and India.
Progressive, Centrica team up in clean coal project
Progressive Energy, a clean coal project developer, is to team up with UK-headquartered utility Centrica to develop an advanced clean coal project in the UK.
CERs come of age
A secondary market for certified emissions reductions generated by the Clean Development Mechanism now exists – but its emergence has been patchy, with some significant developments, along with some ongoing uncertainty. Point Carbon's research and…
Josef Bogensperger
Verbund's Josef Bogensperger talks to Oliver Holtaway about the impacts of harmonisation and the EU ETS on power trading
SG, Rhodia launch emissions company
Société Générale and Rhodia Energy Services, a global specialty chemicals company, have formed a joint venture company to trade carbon.