carbon markets
Bluenext announces deal with Chinese exchange
NYSE's Bluenext and the China-Beijing Environmental Exchange (CBEEX) have signed an agreement to set up an international information platform for Clean Development Mechanism (CDM) projects.
Waxman-Markey early action provisions criticized as unclear
Industry commentators have spoken out about the provisions for early adoption of carbon emission reduction strategies in the cap-and-trade legislation currently going through the US House of Representatives.
CME to list new EUA and CER contracts
The CME Group will list four new In Delivery Month European Union Allowance (EUA) and Certified Emission Reduction (CER) futures and options contracts as part of its Green Exchange venture.
Bache Commodities enters carbon trading
Bache Commodities, the London-based arm of financial company Prudential, has today launched a carbon and emissions trading desk.
Bluenext suspends trading following VAT exemption for carbon
Trading will resume on environmental exchange Bluenext on Wednesday June 10 at 8.00AM after two days of closure following the French Budget Ministry's announcement that carbon permits will be exempt from VAT.
Bidders in for Ecosecurities
A takeover battle has emerged between France's EDF Trading and Dutch company Guanabara Holdings for Irish environmental project developer EcoSecurities.
OTC carbon volumes increase by over 80%
The London Energy Brokers' Association (LEBA) has announced that over-the-counter (OTC) carbon volumes have grown by 82% during the first five months of 2009, compared to the same period last year.
To Copenhagen via Australia
The start of Australia's much talked-about carbon trading scheme has been put back a year to 2011. Andrew Petersen and Eros Artuso at PricewaterhouseCoopers discuss the details of the proposed Carbon Pollution Reduction Scheme
Adaptation Fund sells first CERs
The World Bank's Adaptation Fund has sold its first Certified Emission Reductions (CERs) as part of its CER monetisation programme.
Ontario debates cap-and-trade scheme
Cap-and-trade legislation introduced this week by the Government of Ontario, Canada proposed a 6% cut in greenhouse gas (GHG) emissions from 1990 levels by 2014.
Carbon industry calls for clarity on emission targets
Leading carbon market figures at the Carbon Expo conference in Barcelona have demanded increased clarity on four crucial issues ahead of the UN's COP 15 climate talks in Copenhagen in December.
House energy committee passes cap-and-trade bill
The Energy and Commerce Committee of the House of Representatives approved The American Clean Energy and Security Act by a vote of 33 to 25 yesterday.
Voluntary carbon market doubles in 2008
The voluntary carbon market is maturing fast and more than doubled in size last year, according to a new study from research firms Ecosystem Marketplace and New Carbon Finance.
Munich Stock Exchange to offer spot carbon trading
The Munich Stock Exchange plans to enter the carbon market with the introduction of spot trading for European Emission Allowances (EUAs) and Certified Emission Reduction units (CERs) in the summer.
Norway to sell 12.7 million EUAs in 2009
The Norwegian Ministry of Finance has announced it will sell 12.7 million EUAs this year through Barclays Capital.
BlueNext and Markit announce new carbon index
Environmental exchange BlueNext has announced that it will form a strategic partnership with financial information provider Markit, to create a range of emission index products.
Regulator expands energy panel to examine carbon trading
The Commodity Futures Trading Commission (CFTC) has appointed 11 members to a newly expanded panel established to prepare the government for carbon trading.
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.