Carbon compliance markets
CFTC prepares for carbon role
The CFTC expects to oversee derivatives products associated with carbon dioxide allowances under US federal cap-and-trade scheme
Beyond 2012
The EU ETS has been a key driver of CDM market growth. However, changes to CER import limits suggested for Phase III could jeopardise that, writes Miles Austin at EcoSecurities
BlueNext to move into US carbon market
European environmental exchange BlueNext has announced plans to open a New York office this summer and launch Regional Greenhouse Gas Initiative (RGGI) products by the end of 2009.
Beyond compliance
Community-level emission reduction projects are in demand as compliance buyers diversify carbon offset portfolios and corporates seek out sustainable green projects. Voluntary and compliance market methodologies and pricing are therefore becoming…
First domestic Australian CER trade
The first Certified Emission Reduction (CER) trade between two Australian counterparties has been made by Victorian electricity generator Loy Yang Power (LYP) and Queensland-based commodity trading and risk management firm Arcadia Energy Trading. The…
Citi to trade CERs in Israel
Citi has confirmed details of a recent emissions deal for certified emissions reductions (CERs) from a clean development mechanism (CDM) project in Israel.
Utilities call for early allocation of emissions
US utilities have called on Congress to allocate emissions allowances in the early years of a national cap-and-trade scheme during testimony before the House Energy and Commerce Committee yesterday.
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.
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).
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
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
Emissions drop shows carbon markets are working, says Point Carbon
A 6% decrease on annual global emissions in 2008 in comparison to 2007 shows that the carbon markets are working, according to Point Carbon analysts.
House unveils draft cap and trade bill
Democrats in the House of Representatives issued draft legislation today proposing an 83% carbon cap by 2050 and a national renewable energy requirement of 25% by 2025.
Executive Board streamlines CDM processes
Tighter standards and more streamlined procedures for the accreditation of third-party certifiers of Clean Development Mechanism (CDM) projects were announced at the CDM Executive Board meeting held in Bonn, Germany yesterday.
LCH.Clearnet to launch OTC clearing service for spot emissions
LCH.Clearnet has announced intentions to launch a clearing service for UK participants in the spot market for carbon credits.
Spectron brokers first California carbon option
Spectron Environmental, the environmental products division of commodities brokerage Spectron, has brokered the first cleared Californian carbon option.
US government to consider cap-and-trade legislation this year
Imminent draft climate change legislation could include a federal cap-and-trade scheme for CO2 emissions, but questions remain regarding market regulation, finds Pauline McCallion
Special Report Carbon Trading - Africa CDM - Africa's green potential
Home to only 2% of the world's CDM projects, Africa is lagging way behind countries such as India, China and Brazil. Katie Holliday looks at why this is and asks whether there is now investment potential in the African CDM market
Special Report Carbon Trading - US carbon market policy play
Carbon trading is gaining renewed support from the new US administration, but at the same time, it must contend with recession. Pauline McCallion discusses the outlook for current trading schemes and their likely interaction with any federal compliance…