Carbon pricing
Birth of a new swaps market
Compliance traders in the EU emissions trading scheme will be able to import project-based CERs to meet their requirements from 2008 onwards. Andreas Arvanitakis of Point Carbon reports
A climate of change
Proposals for an emissions trading scheme in Australia have met with widespread support from industry. However, some stakeholders are questioning what the impact will be on their business, and some believe an ETS alone may not be enough to meet…
Mapping out a market
The Australian government will introducea nationwide cap-and-trade emissionstrading scheme by 2011. RoderickBruce examines this emerging market
Clean coal : green and lean
With the economic benefits of emissions offsets, clean coal is poised to move from a government-subsidised to a commercially viable industry, as Catherine Lacoursière reports
Big business responds to Australia’s carbon proposals
A report launched today by the Australian Business and Climate Group (ABCG) has highlighted that plans for an Australian emissions trading scheme (ETS) will not, on their own, be a sufficient response to meet future emissions targets.
Lithuania to auction EUAs
The Lithuanian Environmental Investment Fund is to offer 552,000 EU Allowances (EUAs) for online auction.
Australia commits to emissions trading – ASX to launch futures
Following yesterday’s commitment by Australian Prime Minister John Howard to a domestic emissions trading scheme before 2012, the Australian Securities Exchange (ASX) plans to launch a carbon futures market.
Bush lays out climate agenda – without emissions trading
In a speech in Washington ahead of the G8 meeting in Germany next week, US President George Bush laid out an agenda for tackling climate change.
Is the EU ETS working?
The EU's emissions trading scheme has created a massive oversupply of allowances for its first phase. Kjetil Røine and Henrik Hasselknippe ask whether the scheme is causing emissions reductions, whether there will be a sufficient shortage in Phase II and…
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…
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
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
Democrats' victory to boost carbon trade
A Democratic victory in the mid-term US elections is good news for green energies, but not necessarily for big oil, writes David Watkins
Josef Bogensperger
Verbund's Josef Bogensperger talks to Oliver Holtaway about the impacts of harmonisation and the EU ETS on power trading