LONDON, Nov 1 (Reuters Point Carbon) – Developers of projects under the Clean Development Mechanism (CDM) have asked for just 9.6 million credits in November, U.N. data showed Friday, marking a near three-year low for credit requests and the eighth consecutive monthly fall in awards.
LONDON, Nov 1 (Reuters Point Carbon) - Germany sold 4 million spot EU carbon permits for 4.63 euros each on Friday, a trader said.
BEIJING, Nov 1 (Reuters Point Carbon) - Australia’s main opposition party said Friday it would support the government’s efforts to repeal the tax on carbon emissions, but only if Prime Minister Tony Abbott agrees to replace it with an emissions trading scheme.
BEIJING, Nov 1 (Reuters Point Carbon) - China, the world’s biggest emitter of greenhouse gases, could cut the cost of achieving its emissions target by a fifth by moving away from provincial targets to a nationwide emissions trading market, a report said Friday.
BRUSSELS/LONDON, Nov 1 (Reuters Point Carbon) – EU presidents Lithuania has finalised an agenda for government talks next week that will include asking for a mandate to begin negotiations with the bloc’s parliament over propping up carbon prices, a source with the Lithuanian government said late Thursday.
SAN FRANCISCO, Oct 31 (Reuters Point Carbon) – California carbon allowances (CCAs) for Dec 2013 delivery and covering 2013 emissions closed at $12.10 a tonne on Thursday, up 2 percent from their price one week ago on buying by market players looking to stake out positions.
SAN FRANCISCO, Oct 31 (Reuters Point Carbon) – The U.S. Environmental Protection Agency (EPA) should add more coal-dependent states to its recently launched 11-city “listening tour,” which is designed to give the public a chance to provide input on coming carbon regulations for existing coal plants, a business group said.
LONDON, Oct 31 (Reuters Point Carbon) – International efforts to secure a new global climate deal have been set back by “dubious proceedings” and a lack of transparency, Russia said this week, urging an overhaul of the decision-making procedures that have governed 20 years of U.N.-led talks.
LONDON, Oct 31 (Reuters Point Carbon) – EU carbon fell by 3.4 percent on Thursday after it emerged that German Chancellor Angela Merkel faced some opposition from within her own party over an EU plan to withhold permits.
BEIJING, Oct 31 (Reuters Point Carbon) - Shenzhen officials have proposed options for government intervention in the city’s carbon market, seeking to avoid price volatility in China’s only operating emissions trading scheme.
BEIJING, Oct 31 (Reuters Point Carbon) - Spot permits in New Zealand’s carbon market hit a 10-week low of NZ$3.65 on Thursday, dropping 2.7 percent week-on-week as a steady flow of supply depressed prices.
SAO PAULO, Oct 29 (Reuters Point Carbon) – Mexico’s Senate has approved a new tax on fossil fuel use that will allow companies to buy and surrender U.N.-backed carbon credits instead of paying the charge, the government said in a statement Wednesday.
LONDON, Oct 30 (Reuters Point Carbon) – EU carbon prices fell 2.8 percent on profit taking on Wednesday after traders moved to lock in gains made the previous day when Germany’s two main parties signalled support for an EU plan to cut supply of permits.
LONDON, Oct 30 (Reuters Point Carbon) – Investors and the panel overseeing the U.N.’s carbon market for developing countries have called on delegates at next month’s climate meeting in Warsaw to rescue the ailing scheme, which the U.N. estimates has provided $315 billion in funding to low-carbon projects to date.
LONDON, Oct 30 (Reuters Point Carbon) – The European Parliament has set a provisional date of Dec. 10 to vote on an EU Commission plan to prop up carbon prices, according to its legislative database.
BEIJING, Oct 30 (Reuters Point Carbon) - Japan is considering a new climate target that would allow its greenhouse gas emissions to remain near current levels to 2020, weakening its international commitment to tackling climate change, according to media reports.
BEIJING, Oct 30 (Reuters Point Carbon) - Australia’s goal to cut greenhouse gas emissions 5 pct by 2020 lacks credibility and the government should deepen the goal to ensure it does its fair share to combat climate change, an independent advisory body said Wednesday.
LONDON, Oct 29 (Reuters Point Carbon) - British pension funds should invest more in low-carbon technologies and cut their exposure to fossil fuel-based assets likely to be left “stranded” due to climate change policies, or risk squandering savers’ holdings, a report said Tuesday.
LONDON, Oct 29 (Reuters Point Carbon) – EU carbon prices could average 28 euros between now and 2030 if lawmakers agree a way to adjust the future supply of permits in the bloc’s Emissions Trading Scheme (ETS), analysts at Thomson Reuters Point Carbon said Tuesday.
LONDON, Oct 29 (Reuters Point Carbon) – EU carbon shot up as much as 6 percent on Tuesday after documents seen by Reuters showed there was consensus among Germany’s main two parties on an EU plan to delay supply of carbon permits.
LONDON, Oct 29 (Reuters Point Carbon) – European energy company Vattenfall has hedged significantly more future power than in years past, it said on Tuesday, a sign that its appetite for EU carbon permits could wane next year.
BEIJING, Oct 29 (Reuters Point Carbon) - Clean energy laws introduced by the Shanghai municipal government this month will help cut coal’s share of energy consumption but are likely to have little effect on bigger coal-fired power plants and factories that face caps under the city’s emissions trading scheme.
BEIJING, Oct 29 (Reuters Point Carbon) - Australia’s opposition Labor party on Tuesday reaffirmed that it would not back a government bill to scrap the country’s emissions trading market, dismissing media reports suggesting it was about to backflip on one of the most contentious national issues in recent years.
LONDON, Oct 28 (Reuters Point Carbon) – EU carbon fell 3.6 percent on Monday as supply of almost 7 million allowances hit the market from two government auctions, wiping out gains made on Friday.
LONDON, Oct 28 (Reuters Point Carbon) – International efforts to phase out the use of a potent greenhouse gas were hampered last week after India blocked discussions on the matter at annual U.N.-backed talks in Thailand.
LONDON, Oct 28 (Reuters Point Carbon) - Joelle Chassard, the manager of the World Bank’s Carbon Finance Unit, will step down at the end of November after seven years in the post, the bank said in a newsletter.
BEIJING, Oct 28 (Reuters Point Carbon) - Australia will have used up its “fair share” of the world’s total carbon budget in a decade unless it steps up its effort to cut greenhouse gas emissions, a report said Monday.
BEIJING, Oct 28 (Reuters Point Carbon) - Owners of seven projects in China that cut greenhouse gas emissions have applied for the right to earn carbon credits, the first units that could be used by Chinese companies as the world’s biggest-emitting nation rolls out pilot carbon trading markets.
BEIJING, Oct 28 (Reuters Point Carbon) - China’s Guangdong province plans to hold its first auction of carbon permits late next month as it launches what will be the world’s second biggest emissions trading market.
LONDON, Oct 25 (Reuters Point Carbon) – The EU could significantly cut the cost of meeting a 50 percent emission reduction target for 2030 by using a portion of international offsets the meet the goal, Britain’s government said in a document, savings that could encourage the 28-nation bloc to agree on the goal.