Environment-Renewables
New RFS proposal could hurt corn demand
The Environmental Protection Agency's (EPA) latest proposed regulations for the National Renewable Fuel Standard (RFS) has cast doubt on corn's future as the primary source of ethanol in the US.
Munich Stock Exchange to offer spot carbon trading
The Munich Stock Exchange plans to enter the carbon market with the introduction of spot trading for European Emission Allowances (EUAs) and Certified Emission Reduction units (CERs) in the summer.
Norway to sell 12.7 million EUAs in 2009
The Norwegian Ministry of Finance has announced it will sell 12.7 million EUAs this year through Barclays Capital.
DOE announces $2.4bn in CCS funding
US Energy Secretary Steven Chu has awarded $2.4 billion from the American Recovery and Reinvestment Act to the development of carbon capture and storage (CCS) technology.
BlueNext and Markit announce new carbon index
Environmental exchange BlueNext has announced that it will form a strategic partnership with financial information provider Markit, to create a range of emission index products.
Regulator expands energy panel to examine carbon trading
The Commodity Futures Trading Commission (CFTC) has appointed 11 members to a newly expanded panel established to prepare the government for carbon trading.
London Array wind farm receives final investment
Utilities DONG Energy, E.ON and Masdar have announced that they will invest €2.2bn in building the first 630MW phase of the London Array offshore wind farm in the Thames Estuary.
Centrica invests in EDF's UK nuclear business
UK utility Centrica has bought a stake in EDF's newly-acquired nuclear business in the UK.
Biofuels get boost from clean energy revolution
The US Government has announced plans designed to boost the use of advanced biofuels through research, investment and the national Renewable Fuel Standard (RFS).
Australia's carbon scheme delayed to 2011
The Australian government has delayed the start of its Carbon Pollution Reduction Scheme (CPRS) to July 2011 and announced a more ambitious emissions reduction target for 2020.
BlueNext to move into US carbon market
European environmental exchange BlueNext has announced plans to open a New York office this summer and launch Regional Greenhouse Gas Initiative (RGGI) products by the end of 2009.
First domestic Australian CER trade
The first Certified Emission Reduction (CER) trade between two Australian counterparties has been made by Victorian electricity generator Loy Yang Power (LYP) and Queensland-based commodity trading and risk management firm Arcadia Energy Trading. The…
RWE/E.ON and EDF win UK nuclear auction
The UK government has confirmed that the Nuclear Decommissioning Authority has successfully completed the auction of three potential new nuclear sites for a combined total of £387 million, significantly more than the government had previously expected to…
Dong extends offshore UK wind investment
Denmark based Dong Energy has announced that it will build a second offshore wind farm in the Irish Sea as part of a €1.3 million (US$ 1.7 million) investment plan.
Carbon trading volumes up but market value down in 2009
Trading volumes in the global carbon market grew by 37% in the first quarter of 2009, compared to quarter four of 2008, according to New Carbon Finance.
Swiss Re ceases carbon trading
Zurich-based reinsurer Swiss Re is closing its carbon emissions trading desk, according to a spokesperson.