LONDON, June 3 (Reuters Point Carbon) – Developers of emission reduction projects in ten African nations face less red tape to earn carbon credits after a U.N. panel last week agreed rule changes it hopes will re-invigorate its ailing carbon market.
BONN, June 3 (Reuters Point Carbon) – International negotiators met in Germany on Monday for a fortnight of U.N. talks aimed at forging a new global climate pact by 2015, but observers expected little progress on key issues such as whether countries would deepen their emissions reduction pledges or how to raise cash to help poorer nations fight climate change.
LONDON, June 3 (Reuters Point Carbon) - A four-day bull run that has seen carbon add 12 percent in value since the start of last week appeared to peter out on Monday, with allowances for delivery this year trading in a tight 17-cent range and failing to break above 4 euros.
LONDON, 3 June (Reuters Point Carbon) – Airlines representing 85 percent of global traffic have called on governments to force all carriers to offset emissions above a certain level in a move they hope will avert a more costly patchwork of national carbon taxes and regulation.
LONDON, June 3 (Reuters Point Carbon) – European trade in United Nation carbon credits and EU CO2 permits fell to a one-year low in May, according to data compiled by Reuters Point Carbon, as permit prices largely traded in a tight range.
BEIJING, June 3 (Reuters Point Carbon) – A collapse in the price of EU carbon credits means that Australia could deepen significantly its pledge to cut greenhouse gas emissions at almost no extra cost, according to a new report.
BARCELONA, June 1 (Reuters Point Carbon) – Governments and voluntary offset sellers took centre stage at a major carbon market conference in Barcelona this week after banks and investors – previously amongst the biggest exhibitors at the annual event – skipped it, in part due to rock-bottom CO2 prices.
LONDON, May 31 (Reuters Point Carbon) – Amendments to draft law showed Friday that lawmakers remain deeply divided over EU plans to prop up carbon prices, but several changes tabled to the EU Commission’s so-called backloading bill signal some MEPs that voted against the plan could change their minds.
LONDON, May 31 (Reuters Point Carbon) – European carbon prices breached 4 euros for the first time in more than six weeks on Friday, but fell back as traders closed out long positions built up after a recent bull run that has seen carbon post six days of gains out of seven.
SAN FRANCISCO, May 30 (Reuters Point Carbon) – California carbon allowances (CCAs) for December 2013 delivery slipped 5 cents from their price one week ago and 19 cents from their peak on Tuesday as weaker energy prices dragged carbon lower, market sources said Thursday.
LONDON, May 30 (Reuters Point Carbon) – EU carbon maintained its recent positive run to touch a four-week high of 3.86 euros in thin trade on Thursday after a governmental auction successfully cleared and an official indicated the EU was in no hurry to see a further 100 million permits sold.
BARCELONA, May 30 (Reuters Point Carbon) – Turkey has become the fifth country to receive millions of dollars under a World Bank-steered scheme to help launch pilot carbon markets, a bank official said Thursday.
BARCELONA, May 30 (Reuters Point Carbon) – The European Commission will this autumn recommend how the EU should reform its beleaguered carbon market and table a draft law on the bloc’s 2030 emissions reduction target, a senior official said Thursday.
LONDON, May 30 (Reuters Point Carbon) – Over 190 nations will meet next week in Bonn, Germany for annual mid-year talks on how to draft a new global climate pact, but debate remains bogged down on how to create rules governing a future carbon market that could make it cheaper for nations to cut emissions.
BARCELONA, May 30 (Reuters Point Carbon) – The EU is in “no hurry” to sell 100 million carbon permits set aside to help fund low-carbon projects because money raised from previous sales has yet to be spent, a senior European Commission official said Thursday.
BARCELONA, May 30 (Reuters Point Carbon) - China’s national emissions trading scheme will include emissions curbs on carbon-intensive sectors such as steel and power rather than an absolute cap on the country’s greenhouse gas emissions, an government official said Thursday.
LONDON, May 30 (Reuters Point Carbon) – Electricity generation in Britain rose 2.7 percent in the first quarter of 2013, according to government data published Thursday, but carbon emissions in the EU’s second biggest emitting nation likely stagnated as CO2-free power production was behind the increase.
BARCELONA, May 30 (Reuters Point Carbon) – The value of trade in the voluntary carbon market fell 11 percent in 2012 to $523 million, as lower prices for credits outweighed an increase in the number of companies voluntarily offsetting their emissions of greenhouse gases, according to a report published Thursday.
BEIJING, May 30 (Reuters Point Carbon) - Spot permits in New Zealand’s Emissions Trading Scheme were unchanged at NZ$1.90 this week as liquidity stalled as emitters prepare to surrender permits to cover 2012 carbon emissions.
Country-City Sustainability Connections Grow Through New York’s Use of Biodiesel & Biobased Products
/EINPresswire.com/ New York, NY – New York City’s sustainability efforts are getting a boost from America’s soybean farmers and innovative manufacturers. The United Soybean Board (USB) and Empire Clean Cities are working together this week to recognize …
LONDON, May 29 (Reuters Point Carbon) – European carbon allowances rose 2.5 percent on Wednesday to hit a three-week high, leaving the bellwether contract to close in the black for the second successive day.
LONDON, May 29 (Reuters Point Carbon) – Sweden-based Tricorona AB will have to hand over 20 percent of profit it makes from selling carbon credits from some of its emission reduction projects to a former advisor after a court ruled it had breached a contract to pay for services.
BARCELONA, May 29 (Reuters Point Carbon) – California and China have begun discussions about linking their carbon markets, Christiana Figueres, head of the U.N. Climate Change Secretariat, said on Wednesday.
BARCELONA, May 29 (Reuters Point Carbon) – Spain will soon decide whether it supports an EU Commission plan to prop up depressed carbon prices in the bloc’s Emissions Trading Scheme, the country’s environment minister said on Wednesday.
BEIJING, May 29 (Reuters Point Carbon) - Australia’s emissions market could rack up a surplus of 40 million permits in its first two years, depressing prices and minimising demand for European CO2 allowances, analysts Reputex said Wednesday.
BEIJING, May 29 (Reuters Point Carbon) - Australia’s opposition Liberal party said Wednesday it would not honour any contracts signed by the governmental Clean Energy Finance Corporation if it wins the September general election, casting doubt on lending expected to amount to A$800 million ($765 million) before polling day.
BARCELONA, May 29 (Reuters Point Carbon) – The emitters of seven percent of global man-made CO2 will be required to pay for their pollution, with carbon pricing a growing trend despite dithering by countries to curb their greenhouse gas output and a breakdown of the world’s largest emissions market, the World Bank said Wednesday.
LONDON, May 29 (Reuters Point Carbon) – EU carbon prices won’t climb above 10 euros ($12.8) for the rest of the decade, a survey of banks, manufacturers and power generators found Wednesday, well below the global level thought necessary to wean nations off using fossil fuels to power their economies.
LONDON, May 28 (Reuters Point Carbon) – Spain’s mainland thermal generators produced 52 percent less electricity in the first quarter, the country’s grid operator REE said, indicating a large drop in the sector’s demand for carbon permits.
LONDON, May 28 (Reuters Point Carbon) – EU carbon rose 4.6 percent on Tuesday as mild optimism that lawmakers will pass law to cut supply and stronger energy markets spurred buying, traders said.