Carbon Markets News

  • By bike to the Sea, a CO2 free bicycle tour around Romania

    By bike to the Sea, a bicycle tour from Bucharest till the sea, has become an event CO2 free thanks to Carbon Expert and Allcot. This event, which has been held for 10 years, gathered 450 amateur cyclists who rode a distance of 305 kilometers, divided into Saturday and Sunday (23-24 April). The emissions of this event came from trucks for food and bikes, buses, and cars on the way ...


    By ALLCOT

  • Ontario prepares to join the Carbon Market

    The Government of Ontario has tabled a draft bill on establishing a cap-and-trade system for greenhouse gas emission allowances in the Legislative Assembly of Ontario The adoption of this law is a step towards Ontario joining the Québec-California carbon market. “Today Ontario is taking an important step towards setting up its own cap-and-trade system and joining ...


    By GLOBE SERIES

  • Values in Global Carbon Markets continue to grow

    Some 6.2 gigatonnes worth of emission allowances and offsets were traded globally in 2015 according to the latest Thomson Reuters’ assessment of the world’s carbon markets in 2015 and forecast for 2016-2018. Seen as a whole, the world of carbon trading was characterized by two opposite trends in 2015: volumes continued to contract and prices continued to increase. Traded volume ...


    By GLOBE SERIES

  • Towards a Global Carbon Market

    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 carbon markets. SWITCH believes that these markets ...


    By GLOBE SERIES

  • French Minister: 2015 Climate Deal must avoid US Congress

    The global climate agreement being negotiated this year must be worded in such a way that it doesn't require approval by the U.S. Congress, the French foreign minister said Monday. Laurent Fabius told African delegates at U.N. climate talks in Bonn that "we know the politics in the U.S. Whether we like it or not, if it comes to the Congress, they will refuse." If negotiators follow his plan, that ...


    By Associated Press

  • Shell, BP and Evraz top the list of UK-listed greenhouse gas emitting companies

    London (23 April 2015) - Carbon Market Data, a company providing carbon market research and IT services, has launched a new product, the GHG Reporting UK-Listed Company Database, which supplies information on the carbon footprint of UK-listed companies. Based on Carbon Market Data's research, Shell, BP and Evraz top the list of greenhouse gas emitters among companies listed in the ...


    By Carbon Market Data

  • United States Reaches Settlement with Hyundai and Kia in Historic Greenhouse Gas Enforcement Case

    The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice today announced an historic settlement with the automakers Hyundai and Kia that will resolve alleged Clean Air Act violations based on their sale of close to 1.2 million vehicles that will emit approximately 4.75 million metric tons of greenhouse gases in excess of what the automakers certified to EPA. The ...

  • Rise of Carbon Markets Drives Interest In Linking Them, Speakers on Climate Say

    The rise of carbon markets across the world is driving increased interest from companies and governments to link those markets together, representatives from companies and a Harvard University researcher said Sept. 22. About 40 countries and more than 20 cities, states and provinces have carbon pricing policies or plan to launch them. Together, these carbon pricing instruments cover about 12 ...


    By Bloomberg BNA

  • DNV GL earns top ranking in 2014 voluntary carbon market survey

    DNV GL is again ranked as the “best verification company” in the 2014 survey by Environmental Finance magazine, continuing its leadership position in the worldwide market for voluntary carbon offset projects and trading of carbon emissions credits. DNV GL also earned top honors in the 2013 survey. “We are delighted and grateful for this recognition,” says Dave ...

  • Demand Exceeds Supply in Québec Carbon Market Auction

    The Minister of Sustainable Development, the Environment and the Fight Against Climate Change, David Heurtel, today (May 30, 2014) released the results of Québec’s third auction of greenhouse gas (GHG) emission units held on May 27. With the first joint auction with California just a few months away, the Québec system is proving its effectiveness. Auction participants ...


    By GLOBE SERIES

  • Report: How Large is the Canadian Environmental Market?

    It’s a question that is not easy to answer due to widely divergent views about what constitutes an environmental market. However. a new report released last month puts the value of Canadian environmental markets at between $406 and 625 million. Sustainable Prosperity’s “Environmental Markets in Canada – 2013” looks at 52 Canadian markets in the categories of Air and ...


    By GLOBE SERIES

  • Auction cuts to breathe the new life into EU carbon markets

    The European Union’s Emissions Trading System has been widely criticised for failing to provide sufficient incentive to stop the region’s generators burning coal rather than gas or other cleaner fuels. However, from next Wednesday, the EU ETS is set to change radically, according to research company Bloomberg New Energy Finance. On 12 March, the EU will start to ...

  • Auction cuts to breathe new life into EU carbon markets

    The European Union’s Emissions Trading System has been widely criticised for failing to provide sufficient incentive to stop the region’s generators burning coal rather than gas or other cleaner fuels. However, from next Wednesday, the EU ETS is set to change radically, according to research company Bloomberg New Energy Finance. On 12 March, the EU will start to ...

  • Europe strengthens its carbon market for a competitive low-carbon economy

    The European Commission welcomes today's vote by EU governments gathered in the Climate Change Committee to postpone the sale of 900 million carbon allowances in the 3rd phase of the EU's Emissions Trading System (EU ETS) which runs up to 2020. This marks a key step in restoring the short term balance in the European carbon market and sets the stage for the proposal of a further structural ...


    By Europa Press Room

  • A Possible Rebirth of the Carbon Market?

    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 recently, the election results in Australia have ...


    By The World Bank

  • Latest RGGI auction shows strength of carbon markets

    The nine Northeastern and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative (RGGI), the nation's first market-based regulatory program to reduce greenhouse gas pollution, have announced the results of their 20th auction of carbon dioxide (CO2) allowances. 38,782,076 CO2 allowances were sold at the auction, held Wednesday, June 5, 2013, at a clearing price of $3.21. The ...


    By GLOBE SERIES

  • Carbon Market Data publishes the EU ETS 2012 Company Rankings

    Carbon Market Data, a European company providing carbon market research and data supply services, published the rankings of companies included in the European Union’s emissions trading scheme, following the recent release of verified emissions reports for the year 2012. Based on Carbon Market Data’s research, RWE, Vattenfall and E.ON were the three biggest CO2 emitters of ...


    By Carbon Market Data

  • EU Parliament fails to fix carbon market – EU must act

    "The European Parliament today voted against repairing the collapsing carbon market", said Rémi Gruet, Senior Climate Advisor of the European Wind Energy Association (EWEA) in Brussels. "MEPs have voted against the polluter pays principle and putting a market-oriented price on carbon emissions". ...


    By WindEurope

  • First U.S. carbon market begins sixth year of CO2 Auctions

    The Regional Greenhouse Gas Initiative (RGGI), the U.S's first market-based regulatory program to reduce greenhouse gas pollution, enters its 6th year of operation with a renewed mandate and record high sales. The scheme's most recent auction sold over 37 million CO2 allowances and generated $105.9 million for reinvestment by the nine RGGI member states* in a variety of consumer benefit ...


    By GLOBE SERIES

  • World carbon markets at a turning point

    The world's carbon markets are at a turning point according to the latest Thomson Reuters Point Carbon annual survey of carbon trading. While the volume of carbon credits traded globally will grow by an estimated 14 percent this year, reaching roughly 12 gigatons of carbon dioxide equivalents, concerns remain about depressed market prices in certain markets and uncertainties abound over the ...


    By GLOBE SERIES

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