Carbon pricing
Carbon market prices in Poland and Estonia emissions win
Carbon traders remain optimistic about the market's outlook despite the ruling by the European Union’s Court of First Instance to allow Poland and Estonia to increase their emissions allowances for the second phase of Europe’s emissions trading scheme…
SGS UK suspension prompts CantorCO2e auction
The United Nations’ recent suspension of the world’s largest carbon project verifier has prompted an auction of carbon credits by UK carbon trading firm CantorCO2e.
Cbeex and BlueNext combine forces
France-based climate exchange BlueNext and the China-Beijing Environmental Exchange (Cbeex) have signed an agreement to form a carbon market standard for China. The move is a step towards the creation of a Chinese voluntary system to limit greenhouse gas…
EcoSecurities agrees £122.9m takeover by JP Morgan subsidiary
The takeover battle that emerged over Irish carbon project developer EcoSecurites has been won by Carbon Acquisition Company, an indirect subsidiary of JP Morgan Chase & Co.
New member registrations reopened on Climex
Netherlands-based exchange Climex, which offers environmental and energy contracts, has reopened its membership registration for the carbon spot exchange after reviewing and amending its criteria.
Switzerland adopts a 20% carbon reduction target
The Swiss government has announced it will cut GHG emissions to levels 20% below 1990 levels by 2020.
UK tax authority arrests carbon fraud suspects
The UK's tax authority HM Revenue & Customs (HMRC) has arrested seven people on the suspicion of a £38 million VAT fraud involving the trading of carbon emissions allowances.
South Korea gears up for carbon targets
South Korean companies are demonstrating increased interest in carbon trading, as the country gears up for setting a 2020 emissions reduction target.
CCX carbon credits may gain SPDC status
The Commodity Futures Trading Commission (CFTC) has issued a Notice of Intent to determine if the Chicago Climate Exchange's (CCX's) Carbon Financial Instrument (CFI) performs a significant price discovery function.
Uncertainty clouds Australia’s carbon trading proposals
The Australian parliament has rejected plans for an emissions trading scheme. The proposed Carbon Pollution Reduction Scheme (CPRS) failed to pass in a Senate vote, but the government plans to re-submit the proposal to the Senate before the United…
GHG allowances could cost $191 by 2030
The Energy Information Administration (EIA) has predicted greenhouse gas allowances could cost $191 per metric ton by 2030 under the American Clean Energy and Security Act.
Senate turns attention to cap-and-trade
The energy industry is holding its breath as the US Senate begins work on a cap-and-trade bill after legislation passed the House of Representatives. Pauline McCallion investigates
Carbon traders reject EDF Energy's price floor calls
Carbon market participants have criticised calls by EDF Energy chief executive Vincent de Rivaz for a carbon price floor, reports Rachel Morison
JI: Life after 2012?
Joint Implementation (JI) emission reduction projects have so far been overshadowed by the Clean Development Mechanism. Katie Holliday investigates whether there is a future for JI projects post-2012
UK scraps carbon VAT to tackle fraud
The UK government has moved to tackle VAT fraud on carbon credits by removing VAT from emission allowances.
Airlines to face €1 billion carbon bill in 2012
Aviation's entry into the European Union Emissions Trading Scheme (EU ETS) in 2012 is set to cost the sector €1 billion, a report by carbon analysts Point Carbon has shown.
Carbon traders reject EDF Energy’s price floor calls
Carbon market participants have criticised calls by EDF Energy chief executive Vincent de Rivaz for a carbon price floor.
Recession drives carbon trading says report
The global carbon market has grown despite the economic slowdown, a report has shown. Global carbon market volumes grew by 124% and by 22%, in terms of value, in the first half of 2009, according to a report by market analysis firm Point Carbon…
Emissions trading comes home
Point Carbon's Carina Heimdal looks at what people are expecting from the US and global carbon markets up to 2012 and beyond
House passes cap-and-trade bill
The House of Representatives has passed the American Clean Energy and Security (ACES) Act, taking the US a step closer to developing a national carbon cap-and-trade initiative.
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.
Australian emissions trading scheme will stunt LNG growth says opposition
The Australian LNG industry has expressed concern about the effect the Rudd Government's Carbon Pollution Reduction Scheme (CPRS) will have on growth, following its proposed introduction in July 2011.