Carbon
South Korea gears up for carbon targets
South Korean companies are demonstrating increased interest in carbon trading, as the country gears up for setting a 2020 emissions reduction target.
Uncertainty clouds Australia’s carbon trading proposals
The Australian parliament has rejected plans for an emissions trading scheme. The proposed Carbon Pollution Reduction Scheme (CPRS) failed to pass in a Senate vote, but the government plans to re-submit the proposal to the Senate before the United…
CarbonDesk opens for business
London-based emissions broker the CarbonDesk has obtained regulated status from the UK's Financial Services Authority (FSA) to begin trading futures, options and derivatives products on the global carbon markets.
Shell and National Grid join UK consortium to build CCS plant
Royal Dutch Shell and National Grid have announced that they will join ScottishPower's carbon capture and storage (CCS) consortium which is in the process of submitting a bid to build the first CCS plant in the UK.
Carbon traders reject EDF Energy's price floor calls
Carbon market participants have criticised calls by EDF Energy chief executive Vincent de Rivaz for a carbon price floor, reports Rachel Morison
JI: Life after 2012?
Joint Implementation (JI) emission reduction projects have so far been overshadowed by the Clean Development Mechanism. Katie Holliday investigates whether there is a future for JI projects post-2012
Airlines to face €1 billion carbon bill in 2012
Aviation's entry into the European Union Emissions Trading Scheme (EU ETS) in 2012 is set to cost the sector €1 billion, a report by carbon analysts Point Carbon has shown.
Carbon traders reject EDF Energy’s price floor calls
Carbon market participants have criticised calls by EDF Energy chief executive Vincent de Rivaz for a carbon price floor.
Updated: Light at the end of the tunnel for Russian JI
The Russian government is discussing an important step towards clarifying regulatory procedures for JI projects, according to market participants.
Recession drives carbon trading says report
The global carbon market has grown despite the economic slowdown, a report has shown. Global carbon market volumes grew by 124% and by 22%, in terms of value, in the first half of 2009, according to a report by market analysis firm Point Carbon…
Emissions trading comes home
Point Carbon's Carina Heimdal looks at what people are expecting from the US and global carbon markets up to 2012 and beyond
DOE awards $408m to CCS projects
US Department of Energy Secretary Steven Chu announced today that two carbon capture and storage (CCS) projects will receive $408 million in funding from the American Recovery and Reinvestment Act.
EcoSecurities registers largest Gold Standard VER project
EcoSecurities, a Dublin-based environmental project developer, has registered the Rotor Elektrik Uretim wind farm in Turkey as the largest project under the Gold Standard, a carbon credit quality label.
House passes cap-and-trade bill
The House of Representatives has passed the American Clean Energy and Security (ACES) Act, taking the US a step closer to developing a national carbon cap-and-trade initiative.
LCH.Clearnet to launch spot carbon clearing in July
London-based clearing house LCH.Clearnet's over-the-counter (OTC) clearing service for the UK spot market for carbon credits will launch on July 3 this year.
BlueNext launches OTC registration service for brokers
Environmental exchange BlueNext has launched a new registration service for brokers to help secure over-the-counter (OTC) EUA and CER spot transactions.
Orbeo acquires OneCarbon
French carbon trader Orbeo has bought global carbon project originator OneCarbon, a subsidiary of Dutch sustainable developer Econcern Group.
Dow and Gazprom sign carbon project agreement
Dow Chemical has signed an agreement with Gazprom Marketing and Trading (GM&T) to develop and implement greenhouse gas reduction projects.
Bluenext announces deal with Chinese exchange
NYSE's Bluenext and the China-Beijing Environmental Exchange (CBEEX) have signed an agreement to set up an international information platform for Clean Development Mechanism (CDM) projects.
Waxman-Markey early action provisions criticized as unclear
Industry commentators have spoken out about the provisions for early adoption of carbon emission reduction strategies in the cap-and-trade legislation currently going through the US House of Representatives.