Carbon risk
Citi names new global commodities head
Stuart Staley has taken over as Citigroup’s global head of commodities, as the bank aims to boost the business by 30-40% over the next three years.
More legislation threatens EPA regulation of GHGs
The chairman of the US House Agriculture Committee has introduced bipartisan legislation designed to prevent the Environmental Protection Agency (EPA) from regulating greenhouse gas emissions under the Clean Air Act.
Markets shaken by emissions trading certificate hackers
Market participants are worried they could be holding fraudulent European Union carbon allowances (EUA), after computer hackers launched an alleged phishing attack on the German Emissions Trading Authority (DEHSt).
Markey: Climate bill by end of 2010
President Barack Obama will have a new clean energy bill to sign by the end of the year, according to US congressman Edward Markey.
Element buys stake in Canadian carbon aggregator
Element Markets has invested an undisclosed amount in Agri-Trend Aggregation (ATAI), a member of the Agri-Trend Group of Companies based in Alberta, Canada.
Carbon regulation block unlikely to get past President
A congressional move to prevent US Environmental Protection Agency (EPA) regulation of carbon emissions is unlikely to get past President Barack Obama, but the bipartisan protest indicates legislators want extra time to formulate their own climate change…
Masdar and E.on create carbon trading venture
Abu Dhabi-based renewables company Masdar has joined forces with German utility E.on to form E.on Masdar Integrated Carbon (EMIC), a company focused on developing carbon emission reduction projects.
Deals of the Year: CE2 Carbon Capital
CE2 completes $10 million forestry aggregation project
EIA: World will be more dependent on Opec oil
The world will become more dependent on Organization of the Petroleum Exporting Countries (Opec) oil by the start of 2011, following sustained surplus production capacity and a forecasted decline in growth from countries outside the producer group, says…
Canada advances carbon capture and storage
In a bid to make Canada a global leader in emissions reduction technology, government support for carbon capture & storage research and development is beginning to bear fruit, finds Pauline McCallion
Four charged with carbon trading fraud in Belgium
Four people have been formally charged by the Belgian authorities for money laundering, in an investigation into fraudulent trading in carbon emissions permits, according the Reuters news agency.
EPA proposes tightening emissions standards
The Environmental Protection Agency (EPA) has proposed a tighter standard for ground-level ozone emissions in a move that could affect the US emissions trading market.
Gunvor enters natural gas, power and carbon markets
Gunvor International, the Amsterdam-based energy trading and logistics company, has confirmed it has expanded its reach by entering the natural gas, power and carbon markets.
RGGI lawsuit settled
A challenge to the legality of the Regional Greenhouse Gas Initiative (RGGI) has been settled, according to a statement from the New York State organisations involved.
Republican aims to block EPA carbon regulation
Alaskan senator Lisa Murkowski plans to file a disapproval resolution to prevent the Environmental Protection Agency (EPA) from regulating greenhouse gas emissions (GHGs) under the Clean Air Act.
EPA issues GHG endangerment finding
In a move that could foreshadow regulation of US businesses that emit greenhouse gases (GHGs), the US Environmental Protection Agency (EPA) announced yesterday that GHGs threaten the public health and welfare of the American people.
US cap-and-trade offsets clouded by uncertainty
As US firms await climate change legislation, it looks inevitable that heavy emitters will need to invest in carbon offset projects – some of them overseas – in order to meet targets. However, the outlook for offsets is clouded by regulatory uncertainty…
Copenhagen: Derailed by hot air?
There is a skeleton in the Kyoto Protocol’s closet, and it has the potential to spook the Copenhagen talks, says Andreas Arvanitakis of Point Carbon
Energy Risk Environmental Rankings 2009
Energy Risk carried out its second annual Environmental Rankings survey this year in which respondents voted for their preferred players in emissions & renewables markets. Katie Holliday analyses the results and talks to market participants about their…
Carbon experts forecast global trading agreement by mid-2011
The outlook for the COP-15 in Copenhagen this year has been buoyed by reduction target pledges by the US and China, despite almost unanimous agreement from experts that a legally binding treaty is unlikely to be concretised. Katie Holliday and Pauline…
Tradition to market Californian carbon offset basket
Tradition, an interdealer broker and a subsidiary of Compagnie Financière Tradition, has been awarded the exclusive mandate to market the largest agricultural methane carbon offset basket in California.