carbon markets
CFTC prepares for carbon regulation role
The Commodity Futures Trading Commission (CFTC) today announced the expansion of its existing energy committee to create the Energy and Environmental Markets Advisory Committee (EEMAC) in anticipation of a national carbon trading scheme.
New York may up RGGI allowances
New York State may decide to allocate more allowances under the Regional Greenhouse Gas Initiative to ease the cost burden on compliance buyers, finds Pauline McCallion
Sectoral CDM proposals spark debate
In the run up to key climate negotiations in Copenhagen in December the EU has surprised the carbon market with vehement backing of a redesigned CDM. Roderick Bruce investigates
Phoenix rises into green markets
Interdealer broker expands in to renewables and emissions markets to harness sector growth, and plans to act as a counterparty for RECs
Emissions drop shows carbon markets are working, says Point Carbon
A 6% decrease on annual global emissions in 2008 in comparison to 2007 shows that the carbon markets are working, according to Point Carbon analysts.
Executive Board streamlines CDM processes
Tighter standards and more streamlined procedures for the accreditation of third-party certifiers of Clean Development Mechanism (CDM) projects were announced at the CDM Executive Board meeting held in Bonn, Germany yesterday.
LCH.Clearnet to launch OTC clearing service for spot emissions
LCH.Clearnet has announced intentions to launch a clearing service for UK participants in the spot market for carbon credits.
EcoSecurities makes first transfer on Voluntary Carbon Standard registry
Carbon project developer EcoSecurities has made the first transfer of Voluntary Carbon Units (VCUs) to Australian voluntary carbon retailer Climate Positive through the global Voluntary Carbon Standard (VCS)registry TZ1. The generated VCUs came from an…
Point Carbon finds recession has reduced demand for carbon credits
The global credit crunch has significantly altered the balance between the supply and demand for carbon credits and led to a large scale-back in carbon credit project development, carbon consultancy Point Carbon has stated at its Copenhagen-based…
New registry will guarantee carbon offset credits
Caisse des Dépôts, a AAA-rated financial security centre, has launched a Voluntary Carbon Standard (VCS) registry for the voluntary carbon emissions offset market.
Spectron brokers first California carbon option
Spectron Environmental, the environmental products division of commodities brokerage Spectron, has brokered the first cleared Californian carbon option.
US government to consider cap-and-trade legislation this year
Imminent draft climate change legislation could include a federal cap-and-trade scheme for CO2 emissions, but questions remain regarding market regulation, finds Pauline McCallion
Special Report Carbon Trading - US carbon market policy play
Carbon trading is gaining renewed support from the new US administration, but at the same time, it must contend with recession. Pauline McCallion discusses the outlook for current trading schemes and their likely interaction with any federal compliance…
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
Brokerage launches environmental arm
Phoenix Partners Group, an interdealer credit and equity derivatives broker, has launched an environmental brokerage service for the worldwide renewable energy and emissions markets.
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.
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…