Energy
US carbon market addresses known unknowns
The election of Barack Obama as President has made a federal cap-and-trade emissions scheme in the US almost certain. Pauline McCallion reports on how stakeholders are coping with the remaining uncertainties
UN suspends carbon credit verifier DNV
The United Nations CDM Executive Board has temporarily suspended Norwegian consulting firm DNV's powers for accrediting clean development mechanism (CDM) projects, prompting potential delays for project developers' issuance of Certified Emission…
EUA allowance auction goes live today
Four million European Union Emission allowances (EUAs) will be up for sale today marking a turning point in EU Emissions Trading Scheme history.
Trafigura secures $200mn credit facility
Commodity trader Trafigura has today announced the closing of a $200 million syndicated revolving credit facility, which will serve as a refinancing of an existing one year $175 million facility implemented in 2007.
DME to list products on CME Globex
The Dubai Mercantile Exchange (DME) has announced plans to list its contracts exclusively on the Chicago Mercantile Exchange (CME) Globex platform.
BP withdraws from CCS competition, exits UK wind power
BP Alternative Energy has just announced that it is withdrawing from the UK competition for funding for a Carbon Capture and Storage (CCS) demonstration plant, leaving just three contenders.
Carbon registry link-up to boost trading volumes
The long-awaited link up of the European Union's emissions trading scheme with the Kyoto Protocol's carbon credit registry could take emissions trading to a new level, finds Katie Holliday
EU aviation emission targets seen too low; reviewed 2013
The Justice and Home Affairs Council of the European Union has announced that aviation will be included in the Emissions Trading Scheme (ETS) from 1 January 2012, following a meeting in Luxembourg on October 24.
Energy traders clash with regulators
In the wake of the credit crunch, energy trading executives have clashed with regulators over the potential imposition of what they see as onerous trade data reporting obligations.
Essent gains Spanish trading license
Essent Trading announced today that it has been granted a license to trade natural gas on the Spanish market by the Spanish Ministry of Industry, Tourism and Commerce.
44% drop in EU ETS shortfall predicted
The global recession will bring a 44% drop in EU ETS shortfall, according to a forecast on November 3 by IDEAcarbon, a carbon market and research firm
Powernext gas futures to launch in November
Energy exchange Powernext is set to launch natural gas spot and futures contracts for the French market in the second half of this month.
Short list of top five carbon management IT providers
Energy Insights, a energy consultancy company owned by global advisory firm IDC, has released an industry short list comparing IT companies who provide carbon management software to oil and gas companies, independent power producers, and utilities.
Goldman Sachs to market GHG emission reductions through strategic alliance with Blue Source
Goldman Sachs has bought an equity stake in Blue Source in a strategic alliance to market green house gas emission reductions in US.