carbon market News

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Carbon market crashes

by - Faversham House Ltd.  (May 3, 2006)

Untitled Document International carbon markets have experienced a major slump after several industrial strongholds in the EU reported better-than-expected environmental performance. ...

Establishing a Global Carbon Market

by World Business Council for Sustainable Development  (Dec. 5, 2007)

Carbon markets are increasingly a key feature in national climate policies. Their design and implementation reflect differing imperatives between developing and developed nations, raising questions about how they are developed and what it would take to link them together into a single global carbon market. Establishing a Global Carbon Market: A ...

European Carbon Market Update

Launched in 2005 with the aim of reducing emissions by 21% in 2020 compared to 2005 levels, the EU ETS largely dominates the global allowance market. It is the most important mechanism globally and serves as the foundation of the EU’s policy for climate change, focusing on the mitigation of greenhouse gas emissions in a cost-effective ...

A Possible Rebirth of the Carbon Market?

by The World Bank  (Oct. 21, 2013)

Many people have voiced pessimism over an international agreement to address climate change since the 2009 climate conference in Copenhagen fell short of expectations. The lack of a comprehensive, global effort to curb emissions; the failure by the United States to pass meaningful federal legislation, the continued recession in Europe; and, most ...

Towards a Global Carbon Market

by GLOBE Foundation  (Dec. 9, 2015)

SWITCH, the Alliance for a Green Economy in Quebec, a working group made up of environmentalists and business people, is recommending that the governments of Quebec, Ontario, Manitoba and California enter into agreements with China, Mexico and the European Union to ensure increased harmonization of the operating rules of their existing or future ...

Cleaning up the carbon market

by GLOBE Foundation  (Apr. 15, 2008)

This week the Kyoto Protocol’s clean development mechanism (CDM) has registered its 1000th project, an energy efficiency project in Andhra Pradesh, India, expected to reduce carbon dioxide emissions by more than 34,000 tonnes annually. While many are celebrating the start up success of multibillion-dollar CDM experiment designed to curb ...

State of the carbon market - 2008

by GLOBE Foundation  (May 7, 2008)

The global carbon market grew to a whopping US$64 billion (€47 billion) in 2007, more than doubling over 2006, according to a new report from the World Bank highlighting the state and trends of the global carbon market. The European Union Emission Trading Scheme (EU ETS) also saw a doubling of both value and number of allowances transacted to ...

Westport to enter carbon market

by GLOBE Foundation  (Mar. 25, 2010)

Westport Innovations Inc. has announced a program to monetize the carbon emission reductions associated with Cummins Westport (CWI) and Westport HD natural gas engines. The program will be a joint initiative with that in collaboration with Grütter Consulting. The Westport Carbon Project (WCP) is in the process of being registered with the ...

Australia to link carbon pricing to world carbon markets

by GLOBE Foundation  (Aug. 23, 2011)

From July 2015, Australia's carbon pricing mechanism will be linked to carbon markets around the world according to a press statement from the Australian Department of Resources, Energy and Tourism. This will allow reductions in carbon pollution to be pursued globally at the lowest cost. Carbon pollution is not confined to national borders - it ...

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