Carbon compliance markets
EDF Trading environmental products head leaves firm
Fabio Nehme confirms he is leaving EDF Trading in Houston after six years to set up his own London-based business in environmental commodities
Sandor optimistic about carbon, despite EU ETS woes
Despite turmoil in the EU ETS, the notion of emissions trading is continuing to gain ground, Richard Sandor, the chairman of Environmental Financial Products, tells Mark Pengelly
Consultancy of the Year: Baringa Partners
Baringa Partners continues to carry out valued work with top-flight clients in energy and is also proving successful at breaking into the broader commodity trading sector
Emissions House of the Year: Element Markets
Element Markets is seeking to provide clients with help navigating the dense thicket of North American environmental commodity markets
Carbon reform may be shaken by European Parliament vote
Proposals designed to address the problem of oversupply in the EU ETS – including the EC’s proposal for a market stability reserve – are likely to become harder to pass thanks to recent elections, say analysts
Carbon emissions trading spreads across the globe
Traders’ enthusiasm for the European Union Emissions Trading System has slumped during recent years. But at the same time, there have been a variety of significant developments in carbon markets elsewhere around the globe. Gillian Carr rounds up some of…
EU ETS decision leaves airlines playing cameo role
Airlines set to remain on the fringes of the EU ETS until at least 2016, disappointing environmentalists and market observers hoping for better liquidity
Coal derivatives market fosters burning ambition
Increased attention from both traders and hedgers is providing a boost to the coal derivatives market, say participants, fuelling the success of the API 8 index linked to Chinese coal imports and stimulating further product development efforts elsewhere…
EU ETS fix should focus on long term, argue market participants
Short-term fixes give rise to uncertainty, in contrast to long-term change needed to rescue the ETS, say firms
EPA rules may create new opportunities for US carbon traders
The US government is planning to use the Environmental Protection Agency to combat climate change, in a move that could create new opportunities for carbon traders, according to lawyers and analysts. Alexander Osipovich reports
Europe's carbon market begins long road to recovery
A critical July 3 vote in the European Parliament has brought the world's largest carbon market back from the brink of collapse. But participants say structural reform remains necessary to secure its future – and this is a long way off. Mark Nicholls…
Uncertainty rules in Australian electricity derivatives market
Australia's electricity derivatives market had been picking up since the global financial crisis, but volumes have declined in recent years. Firms blame the slowdown on a combination of slim trading opportunities and uncertainty over plans to curb…
Energy Risk USA: Firms optimistic about California carbon market
Energy market participants upbeat about development of California emissions market, despite legal threats
'Half dead' EUA market hit by political uncertainty
Uncertainty over a plan to postpone sales of EUAs is contributing to stalling prices and reduced liquidity
EU ETS faces back-loading test
Dismal prices in the European Union Emissions Trading System are causing interest in the world’s largest emissions market to wither away. While the European Commission has come up with a plan to put it on life support, analysts say there is a 50:50…
Carbon price sinks as EU vote is delayed
The European Commission is proposing to cut the supply of European Union Allowances to bolster prices, but delays to the plan are causing prices to sink, reports Gillian Carr
California carbon market faces challenges
California’s first auction for carbon allowances on November 14 was hailed as a success by state officials. But the fledgling market must survive a barrage of legal challenges before it can truly take off. Alexander Osipovich reports
Impact on EUAs from back-loading will be muted, say analysts
European Commission proposes back-loading a larger volume of European Union Allowances than expected, yet analysts downplay price impact
Lawsuit threats cloud California cap-and-trade scheme
California is set to launch the world’s second-largest carbon market, but threats of litigation have kept many potential market participants sitting on the sidelines
Australia and EU carbon schemes to be linked, Australian carbon floor price dropped
Australia and the EU have made plans to link their carbon trading scheme from 2015 and Australia will drop its controversial carbon floor price.
Ruling sets back US emissions trading
Federal judges reject the US Environmental Protection Agency’s latest clean air rule, disappointing emissions market participants and shaking confidence in the viability of US cap-and-trade schemes
Will a 'set-aside' save the EU carbon markets?
Structural changes to the European carbon market are due to take effect in 2013. However, while the proposals could revive the ailing market, disagreement is rife on how to proceed, says Samuel Fenwick