Carbon compliance markets
Interview - Forward market thinking
Richard Sandor, chairman and chief executive officer of the Chicago Climate Exchange, pioneered the first ever emissions trading scheme in the late 1980s for acid rain, drawing on his experience in launching interest rate futures 20 years earlier. He…
Special Report Carbon Trading - Australia's CPRS getting to the start line
Australia is set to introduce a national emissions trading scheme in 2010. However, there is still much uncertainty surrounding the scheme. Katie Holliday looks at how companies are preparing for it
ICE offers margin offsets on coal and emissions contracts
ICE Futures Europe has introduced margin offsets between its Coal Futures and Emissions contracts.
Obama calls for economy-wide carbon cap
President Barack Obama has indicated that the administration will work with Congress on cap-and-trade legislation in an effort to increase US energy independence.
Global carbon trading to grow by 20% in 2009
The global carbon market will see a 20% boost in volume in 2009, according to the latest figures from Point Carbon.
JI finally accredits first third party verifier
The Kyoto Protocol's Joint Implementation (JI) mechanism has accredited its first third party verifier, TÜV SÜD Industrie Service, almost ten years after the UN-backed carbon offsetting mechanism was first agreed upon.
BarCap executes RGGI forward trade agreement
Barclays Capital today executed its first transactions on a forward trade agreement that includes provisions for US emissions allowances associated with the Regional Greenhouse Gas Initiative (RGGI), the first mandatory carbon cap-and-trade program in…
DNV suspension lifted
A major player in the Clean Development Mechanism (CDM) markets has been allowed to resume validating projects, the United Nations (UN) CDM Executive Board (EB) has announced.
US legislators to move on cap and trade before June
Draft climate change legislation will be presented to the US House of Representatives by Monday 25 May 2009, according to Representative Edward Markey, chair of the House Energy and Environmental subcommittee.
Aviation industry calls for inclusion in Copenhagen deal
Four of the world's leading airlines have today called for carbon dioxide emissions from international aviation to be included in any new global climate change deal agreed at the UN's Copenhagen Summit in December.
AAUs: hot commodity or just hot air?
A recent flurry of deals for government-level carbon credits has increased interest in the potential for the AAU market. Roderick Bruce investigates
Regulatory risk hits US emissions markets
Worrying regulatory indecision in the US SO2 and NOx markets has angered traders and does not bode well for the implementation of a federal cap and trade scheme, finds Roderick Bruce
ECX to launch spot contracts in March
The European Climate Exchange (ECX) and ICE Futures Europe will launch daily futures contracts for EUA and CER emissions credits "sometime in March", according to ECX CEO Patrick Birley.
European Commission plans global carbon trading scheme
The European Commission (EC) today set out proposals for a global agreement to tackle climate change, a pact it hopes will be signed at the UN climate conference in Copenhagen in December.
Clean and transparent
The process of approving CDM projects, though generally much quicker than it used to be, is still not as transparent as people would like, finds Katie Holliday
DNV suspension hits CER issuance pipeline
The suspension of CDM project verifier DNV will cause further delays in the CER pipeline, though the market remains robust, finds Katie Holliday
Ready for takeoff?
With aviation joining the EU Emissions Trading Scheme in 2012, Alex Meredith of Hunton & Williams asks whether the aviation sector is ready and looks at the potential impact on the carbon market
Garth Edward
GARTH EDWARD, head of emission markets at Citi, talks to Rachel Morison about delivering both finanical and social results, and the prospect of a global carbon emissions scheme
RGGI allowances reach $3.38 clearing price
Regional Greenhouse Gas Initiative (RGGI) allowances sold at a clearing price of $3.38 at the scheme's second pre-compliance auction on 17 December 2008.
Australia to start carbon trading in 2010
Australia's carbon trading scheme will be up and running by the middle of 2010, according to a statement made by the Australian government minister for climate change and water, Penny Wong, at the Poznan climate change negotiations last week.
US carbon market addresses known unknowns
The election of Barack Obama as President has made a federal cap-and-trade emissions scheme in the US almost certain. Pauline McCallion reports on how stakeholders are coping with the remaining uncertainties
UN suspends carbon credit verifier DNV
The United Nations CDM Executive Board has temporarily suspended Norwegian consulting firm DNV's powers for accrediting clean development mechanism (CDM) projects, prompting potential delays for project developers' issuance of Certified Emission…
EUA allowance auction goes live today
Four million European Union Emission allowances (EUAs) will be up for sale today marking a turning point in EU Emissions Trading Scheme history.