News
UK government revises Community Emissions Trading Scheme
HM Treasury announced revisions to the Community Emission Trading Scheme today which set out how the UK will conduct auctions of carbon allowances and how participation in Phase II of the European Emissions Trading Scheme (EU ETS) will be governed.
Thomson Reuters upgrades multi-asset class transaction service
Global information company Thomson Reuters has upgraded its multi-asset class transaction service Reuters Trading for Exchanges (RTEx).
China at forefront of clean coal technology
China is leading the way in developing new cleaner coal technologies according to the International Energy Agency (IEA), which says that advanced technologies with higher efficiency levels and the potential to reduce CO2 emissions are already widely used…
Economic slowdown is top risk facing global businesses
The economic slowdown, regulatory/legislative changes and business interruption have been identified as the top three risks facing companies in the 2009 Global Risk Management survey conducted by risk management consultancy Aon.
EPA finding could lead to GHG regulation
The Environmental Protection Agency (EPA) today issued a proposed finding that greenhouse gases contribute to air pollution that may endanger public health or welfare.
CFTC prepares for carbon regulation role
The Commodity Futures Trading Commission (CFTC) today announced the expansion of its existing energy committee to create the Energy and Environmental Markets Advisory Committee (EEMAC) in anticipation of a national carbon trading scheme.
Canadian report calls for national cap-and-trade scheme
The Canadian government should establish a national carbon pricing policy through an economy-wide cap-and-trade scheme, according to policy development committee, the National Round Table on the Environment and the Economy (NRTEE).
First cleared iron ore swap on Singapore Exchange
Singapore Exchange (SGX) will launch the world's first cleared iron ore OTC swap contract on April 27 th .
OTCGH launches NGL and product options brokerage
OTC Global Holdings (OTCGH), an independent over-the-counter (OTC) interdealer broker, has announced the formation of Ion Energy Group, a natural gas liquids and product options brokerage.
CFTC launches risk management committee
The Commodity Futures Trading Commission (CFTC) has established a Risk Management Advisory Committee to make reports and recommendations on risk management issues in markets under the regulator's jurisdiction.
Top executives leave RBS Sempra
Executive departures were planned and commodities remain core, according to statements from RBS and Sempra Energy
New York may up RGGI allowances
New York State may decide to allocate more allowances under the Regional Greenhouse Gas Initiative to ease the cost burden on compliance buyers, finds Pauline McCallion
First agricultural swap on CME Clearport
Starsupply Renewables, a biofuels and agricultural commodities brokerage, has successfully brokered the first ever cleared swap for an agricultural product using CME ClearPort.
Sectoral CDM proposals spark debate
In the run up to key climate negotiations in Copenhagen in December the EU has surprised the carbon market with vehement backing of a redesigned CDM. Roderick Bruce investigates
CME acquires hurricane index
CME Group has acquired the Carvill Hurricane Index from Carvill America Inc. and renamed it the CME Hurricane Index.
Phoenix rises into green markets
Interdealer broker expands in to renewables and emissions markets to harness sector growth, and plans to act as a counterparty for RECs