Carbon compliance markets
Engineering change
A new risk management culture is evolving in the Asian clean development mechanism market, which should lower CDM project risk while expanding financing options, finds Catherine Lacoursière
The missing link
With several countries now developing emissions trading schemes, UN-supervised project-based emissions credits could become the linking instrument that creates a global price signal for greenhouse gas abatement. But greater standardisation in the market…
Powernext to launch spot contract for CERs
French energy exchange Powernext and financial institution Caisse des Dépôts are working together to launch the first exchange-traded spot contract for certified emissions reduction (CER) credits
First post-2012 EUA trade brokered
Emissions broker Evolution Markets has brokered the first trade of European Union Emissions Trading Scheme (EU ETS) emissions allowances (EUAs) for delivery post-2012
Point Carbon survey shows EU ETS ‘significantly’ reducing emissions
Global carbon markets in 2006 saw transactions of 1.6 billion tonnes of carbon dioxide equivalent (CO 2 e) worth €22.5 billion, according to environmental market analyst and information provider Point Carbon, who has just completed a survey of the carbon…
Designing a market
With Canada likely to embark on an emissions-trading scheme this year, Oliver Holtaway looks at the various forms it could take
Leaders reach carbon agreement
Delegates at the G8+5 Climate Change Dialogue forum in Washington have agreed in principle to the setting up of a global cap-and-trade market for carbon emissions, similar to the EU Emissions Trading Scheme
Calling for clarity
As a US federal carbon trading scheme begins to look increasingly likely, the current lack of a definitive regulatory framework is frustrating the forward planning of utilities and power suppliers, finds David Watkins
Phase II takes shape
Despite the EC's tough stance on Phase II national allocation plans, carbon prices are drifting downwards. The potential for legal wrangling and uncertainty over the importing of project-based credits could be to blame, reports Henrik Hasselknippe
Goldman Sachs doubles stake in Climate Exchange
Shares in Climate Exchange, the UK-listed company that owns the European Climate Exchange (ECX) and the Chicago Climate Exchange, rose by around 5% after the company disclosed that US investment bank Goldman Sachs has doubled its stake to 19%.
Support grows for Feinstein-Carper bill
The US utility sector has thrown its support behind an aggressive cap-and-trade plan that specifically targets the greenhouse gas emissions of electric utilities.
EC takes firm line on emission allowances
As Phase II of the EU ETS comes in to effect, the EC has slashed the national allocation plans of more than ten member states, writes Oliver Holtaway
Less is more
With Phase II of the European Union Emissions Trading Scheme set to be rolled out, Miles Austin investigates whether it will deliver greater emission reductions than Phase I
BNP Paribas expands CER portfolio
BNP Paribas has entered into two new contracts to purchase certified emissions reductions (CERs) generated from Clean Development Mechanism projects in Mexico and India.
CERs come of age
A secondary market for certified emissions reductions generated by the Clean Development Mechanism now exists – but its emergence has been patchy, with some significant developments, along with some ongoing uncertainty. Point Carbon's research and…
Josef Bogensperger
Verbund's Josef Bogensperger talks to Oliver Holtaway about the impacts of harmonisation and the EU ETS on power trading
ECX and Ice Futures to launch emissions options
The European Climate Exchange (ECX) and Ice Futures will launch the Ice Futures ECX CFI Options Contract (ECX CFI Option) on Friday 13 October, subject to regulatory approval.