Carbon
CME to list new EUA and CER contracts
The CME Group will list four new In Delivery Month European Union Allowance (EUA) and Certified Emission Reduction (CER) futures and options contracts as part of its Green Exchange venture.
Bache Commodities enters carbon trading
Bache Commodities, the London-based arm of financial company Prudential, has today launched a carbon and emissions trading desk.
DOE moves forward on CCS
The US Department of Energy has announced plans to advance the construction of the first commercial scale, fully integrated US carbon capture and sequestration (CCS) project.
Bluenext suspends trading following VAT exemption for carbon
Trading will resume on environmental exchange Bluenext on Wednesday June 10 at 8.00AM after two days of closure following the French Budget Ministry's announcement that carbon permits will be exempt from VAT.
Bidders in for Ecosecurities
A takeover battle has emerged between France's EDF Trading and Dutch company Guanabara Holdings for Irish environmental project developer EcoSecurities.
Australian emissions trading scheme will stunt LNG growth says opposition
The Australian LNG industry has expressed concern about the effect the Rudd Government's Carbon Pollution Reduction Scheme (CPRS) will have on growth, following its proposed introduction in July 2011.
OTC carbon volumes increase by over 80%
The London Energy Brokers' Association (LEBA) has announced that over-the-counter (OTC) carbon volumes have grown by 82% during the first five months of 2009, compared to the same period last year.
S&P to launch carbon risk service
Standard & Poor's is set to launch Copra, a new risk assessment tool offering independent assessment of CER delivery risk for CDM projects
To Copenhagen via Australia
The start of Australia's much talked-about carbon trading scheme has been put back a year to 2011. Andrew Petersen and Eros Artuso at PricewaterhouseCoopers discuss the details of the proposed Carbon Pollution Reduction Scheme
Adaptation Fund sells first CERs
The World Bank's Adaptation Fund has sold its first Certified Emission Reductions (CERs) as part of its CER monetisation programme.
Ontario debates cap-and-trade scheme
Cap-and-trade legislation introduced this week by the Government of Ontario, Canada proposed a 6% cut in greenhouse gas (GHG) emissions from 1990 levels by 2014.
Carbon industry calls for clarity on emission targets
Leading carbon market figures at the Carbon Expo conference in Barcelona have demanded increased clarity on four crucial issues ahead of the UN's COP 15 climate talks in Copenhagen in December.
House energy committee passes cap-and-trade bill
The Energy and Commerce Committee of the House of Representatives approved The American Clean Energy and Security Act by a vote of 33 to 25 yesterday.
Voluntary carbon market doubles in 2008
The voluntary carbon market is maturing fast and more than doubled in size last year, according to a new study from research firms Ecosystem Marketplace and New Carbon Finance.
Munich Stock Exchange to offer spot carbon trading
The Munich Stock Exchange plans to enter the carbon market with the introduction of spot trading for European Emission Allowances (EUAs) and Certified Emission Reduction units (CERs) in the summer.
Norway to sell 12.7 million EUAs in 2009
The Norwegian Ministry of Finance has announced it will sell 12.7 million EUAs this year through Barclays Capital.
DOE announces $2.4bn in CCS funding
US Energy Secretary Steven Chu has awarded $2.4 billion from the American Recovery and Reinvestment Act to the development of carbon capture and storage (CCS) technology.
BlueNext and Markit announce new carbon index
Environmental exchange BlueNext has announced that it will form a strategic partnership with financial information provider Markit, to create a range of emission index products.
Regulator expands energy panel to examine carbon trading
The Commodity Futures Trading Commission (CFTC) has appointed 11 members to a newly expanded panel established to prepare the government for carbon trading.
Australia's carbon scheme delayed to 2011
The Australian government has delayed the start of its Carbon Pollution Reduction Scheme (CPRS) to July 2011 and announced a more ambitious emissions reduction target for 2020.