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Carbon compliance markets

Auctioning - Carbon under the hammer

As the EU emissions trading scheme gears up for its second phase, countries are deciding how much of their allocations will be auctioned. Oliver Holtaway reports

European gas - Battle of the brokers

Boutique environmental brokers walked the European market through the early days of emissions trading, but as traditional money and energy brokers move into this increasingly commoditised market, how will the early educators continue to compete? asks…

US emissions - State of play

Point Carbon's Veronique Bugnion takes a look at the scope and timeline for the carbon emission cap-and-trade programmes on the drawing board in the US

Noble signs India emissions deal

Noble Carbon Credits, part of global supply chain manager Noble Group, has signed a series of long-term certified emission reduction (CER) contracts with India¹s Gujarat Fluorochemicals (GFL).

Burying a problem

As North American power generators prepare for a carbon-constrained world, new coal plants are being built with the option of installing carbon capture and storage technology. And the economics could be about to improve, finds Catherine Lacoursiere

JI emerges from shadows

Long seen as a sideline to the Clean Development Mechanism, the Joint Implementation market could be set to take off, as international regulators and the key JI host countries are coming close to establishing JI approval procedures. Oliver Holtaway…

Knowledge is power

The first year of European carbon trading came to a bumpy end in May. But now the market finally has hard data about emissions, the ride should get smoother. Oliver Holtaway reports

CDM structures mature

Buyers and sellers in the clean development mechanism market now have a broader range of pricing structures at their disposal. Oliver Holtaway investigates

Icecap completes first closing of its carbon portfolio

Icecap, the carbon emissions group, has today reached first closing of its carbon portfolio having raised aggregate commitments to buy 15 million tonnes of carbon credits from the Clean Development Mechanism and Joint Implementation markets.

Survey - Positive feedback

Energy Risk's second annual emissions survey charts the development of emissions trading in Europe since the start of the European Union Emissions Trading Scheme a year ago

CDM reaches out

European firms are now aided in meeting their climate targets by being encouraged to invest in third world emissions reductions. But, as Oliver Holtaway discovers, not everyone is optimistic that the industry will participate

Market focus - Sky-high cost of clean air

US emissions allowance prices for sulphur dioxide (SO2) rose nearly 200% in 2005 and 300% during 2004. Sandy Fielden of Logical Information Machines examines the SO2 emissions allowance market and discovers which market drivers are forcing prices ever…

Price drivers - Policy fears in EU ETS

Developments in 2005 have shown that the EU ETS price has been correlated to relative fuel prices and weather. However, there are still remaining policy issues that could greatly influence prices, writes Henrik Hasselknippe and Kjetil Roine from Point…

The windfall dilemma

Free allocations of emission allowances may keep fossil fuel generators happy, but their customers are not smiling. Tobias Hsieh, credit analyst with ratings agency Standard & Poor's, explains who wins and loses under the trading rules

Pioneers

Today's vibrant and dynamic energy markets are a far cry from the illiquid, opaque trading that existed 25 years ago, yet they owe much to the visionary pioneers who started those early markets. Here, Energy Risk honours some of those early pioneers, as…

2005 in review

The energy markets were a dynamic place to be in 2005, with high volatility and an explosion of new players hitting the scene. Inevitably, though, it wasn't all smooth sailing. Energy Risk looks back over the highs and lows of 2005, from the launch of…

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