Carbon
Icecap completes first closing of its carbon portfolio
Icecap, the carbon emissions group, has today reached first closing of its carbon portfolio having raised aggregate commitments to buy 15 million tonnes of carbon credits from the Clean Development Mechanism and Joint Implementation markets.
Survey - Positive feedback
Energy Risk's second annual emissions survey charts the development of emissions trading in Europe since the start of the European Union Emissions Trading Scheme a year ago
CDM reaches out
European firms are now aided in meeting their climate targets by being encouraged to invest in third world emissions reductions. But, as Oliver Holtaway discovers, not everyone is optimistic that the industry will participate
Price drivers - Policy fears in EU ETS
Developments in 2005 have shown that the EU ETS price has been correlated to relative fuel prices and weather. However, there are still remaining policy issues that could greatly influence prices, writes Henrik Hasselknippe and Kjetil Roine from Point…
The windfall dilemma
Free allocations of emission allowances may keep fossil fuel generators happy, but their customers are not smiling. Tobias Hsieh, credit analyst with ratings agency Standard & Poor's, explains who wins and loses under the trading rules
Pioneers
Today's vibrant and dynamic energy markets are a far cry from the illiquid, opaque trading that existed 25 years ago, yet they owe much to the visionary pioneers who started those early markets. Here, Energy Risk honours some of those early pioneers, as…
TFS hires ex-weather broker to emissions desk
Tradition Financial Services (TFS) has hired Frederique Leverett, formerly a weather derivatives broker, for its London-based emissions desk.
Off to a flying start
Aviation is one of the fastest growing sectors in terms of carbon emissions, but a move by the European Commission to include airlines in the EU's Emissions Trading Scheme has alarmed some in the industry
Carbon complexities
The EU ETS adds price complexity to European energy markets and the trend towards pan-European markets means far more complex models will be needed to model carbon risk, writes Bjorn Brochmann
UKPX to launch carbon spot contract on Climex
London-based energy exchange UKPX will co-operate with Dutch emissions exchange New Values to launch a UKPX spot contract for carbon emissions certificates.
HSBC is first major bank to go ‘carbon neutral’.
HSBC has reduced its net CO2 emissions to zero by reducing energy use, buying ‘green’ electricity and then offsetting the remaining CO2 emissions by investing in carbon projects.