Carbon compliance markets
Nymex to Launch U.S. Carbon Allowance Contract
The New York Mercantile Exchange (Nymex) will introduce a U.S. Regional Greenhouse Gas Initiative (RGGI) carbon allowance futures contract, in the third quarter of 2008, pending regulatory review.
Enel goes green in China
Italian utility Enel has signed two agreements in China, one to develop Chinese clean coal and carbon capture and storage projects, the other to purchase over 11 million certified emission reduction (CER) credits from green projects in the Chinese steel…
The rise or fall of CDM
European Commission proposals to limit the use of Clean Development Mechanism credits post-2012 came as a surprise to many carbon market participants. Kristian Tangen and Kjetil Røine of Point Carbon discuss the implications
Swiss Re’s Conning to manage post 2012 fund
Conning Asset Management Limited, a fully-owned subsidiary of Swiss Re, has been appointed to manage a pioneering EUR 125 million post-2012 Carbon Credit Fund.
BlueNext launches EUA Futures
Environmental exchange BlueNext has listed its first derivatives contracts, offering EU Allowance (EUA) futures with December 2008 to 2012 maturities.
Orbeo makes first Phase III carbon trade on ECX
Carbon trading company Orbeo has completed the first futures trade for Phase III of the EU emissions trading scheme (EU ETS), on European Climate Exchange’s new 2013 EUA contract.
ECX's CER volumes hit 10 million+ tonnes
The European Climate Exchange says volumes of its certified emissions reduction futures hit over 10 million tonnes in the first 10 days after the March 14 launch
EEX - An exchange of ideas
The European Energy Exchange is positioning itself as the key trading hub for Europe's energy and emissions markets. Roderick Bruce meets Tim Greenwood, head of UK operations at EEX, and Oliver Maibaum, sales and business development director, to discuss…
RGGI allowance auction date announced
States participating in the Regional Greenhouse Gas Initiative (RGGI), an agreement among the Governors of ten Northeastern and Mid-Atlantic states to reduce greenhouse gases from power plants, have announced the date for the first ever CO2 allowance…
Montreal Climate Exchange to launch carbon futures
The Montréal Climate Exchange (MCeX), a joint venture of the Montréal Exchange (MX) and the Chicago Climate Exchange (CCX) is planning to launch futures contracts on Canada carbon dioxide equivalent (CO2e) units on May 30, 2008, subject to regulatory…
Awakening a JI-ant?
Recent policy changes in Russia may finally pave the way for effectivejoint-implementation (JI) projects. Roderick Bruce discovers Russia’scarbon credit potential
A changing carbon market climate
The EU Emissions Trading Scheme is stepping up a notch with a batch of new measures for its Third Phase. Andrew Holt finds out what carbon market participants think of the new proposals
Waiting in the wings
The long-mooted inclusion of the aviation sector in the European Union's emissions trading scheme is finally on the radar screen. Roderick Bruce discovers whether stakeholders are ready for take off
LCH.Clearnet launches OTC emissions clearing
Clearing house LCHClearnet has today launched OTC clearing services for Certified Emissions Reduction (CER) and EU Allowance (EUA) emissions contracts.
Nord Pool sells EEX stake to Eurex
Nord Pool ASA has agreed to sell its 17% stake in European Energy Exchange (EEX) to Eurex. Eurex plans to acquire up to 44% in EEX – for a total of €55 million − to strengthen its existing emissions trading partnership and continue its expansion into…