carbon trading News

  • EU kicks off latest carbon trading crackdown

    The EU launched the latest phase of its clampdown on fraud in the carbon ...

  • Global carbon market expanded 68 per cent in 2009

    The value of the market may have flat-lined, but the volume of credits being traded went from strength to strength Despite global recession, falling carbon prices and ongoing questions about the effectiveness of carbon trading, credits equivalent to 82bn tonnes of carbon dioxide were traded last year, an increase of... ...

  • Environment Minister praises UK Emissions Trading System’s remarkable progress

    The final UK results for the first phase of the EU Emissions Trading System, which ended in December 2007, demonstrated that carbon trading can work and helped to cement the UK’s role at the centre of the global carbon market, Environment Minister Phil Woolas said today. In 2007 the UK had a shortfall of 27.6 million allowances, meaning permits had to be purchased from elsewhere in the EU. ...

  • Ontario carbon trading system act passed

    Ontario is closer to establishing a cap-and-trade system to reduce greenhouse gas (GHG) emissions. Today, the legislature passed the Environmental Protection Amendment Act (Greenhouse Gas Emissions Trading), the foundation for Ontario’s cap-and-trade program.  The act allows Ontario’s program to link to ...


    By GLOBE SERIES

  • The future of carbon trading in the US

    An analysis by New Carbon Finance concludes that a carbon trading scheme in the US is inevitable within four to five years. Currently the US favors a domestic market, however linking into international schemes could significantly reduce the price of carbon, impose less cost on US industry and consumers and help make the US a climate change ...


    By GLOBE SERIES

  • UK government to support developing countries in reducing their carbon emissions

    Today the UK Government gave its backing to a global scheme which will help developing countries cut their carbon emissions. The UK Government will support the World Bank’s Partnership for Market Readiness to help developing countries set up their own carbon trading systems to cut emissions. This will allow more investment in green technologies across the world and help stimulate private ...

  • New measures to avoid cyber fraud in the carbon market

    European climate change committee plans to introduce new measure that will increase the security of the EU ETS. The UK government and the European climate change committee have today endorsed plans to tighten up security for the EU’s emissions trading scheme (EU ETS), after a jumble of cyber attacks earlier this year forced carbon registries across the continent to suspend carbon ...


    By Vital Energi

  • Stung by CRC

    Concerns over the CRC Energy Efficiency Scheme are leaving property owners aggrieved and feeling they are being dealt with unfairly, particularly those who have to pay for emissions produced by others that they cannot control. Many commercial landlords may have to pay for carbon emissions they do not directly produce, and over which they have little influence. Given a key factor of the CRC is ...


    By Causeway Technologies

  • State of the World 2008: Innovations for a sustainable economy

    Pioneering entrepreneurs, nongovernmental organizations, and governments around the globe are inventing the Earth’s first sustainable global economy, according to State of the World 2008: Innovations for a Sustainable Economy. In response to climate change and other environmental problems, these leaders are field-testing a remarkable array of economic innovations that offer surprising and hopeful ...

  • EU kicks off latest carbon trading crackdown

    The EU launched the latest phase of its clampdown on fraud in the carbon market yesterday, banning any trade in "recycled" carbon credits in a move designed to avoid a repeat of last month"s scandal that saw a number of firms purchase illegally traded emission allowances that had already been surrendered by other companies. The fraud stemmed from a controversial decision by the Hungarian ...


    By GLOBE SERIES

  • Carbon emissions trading in the United States – an update

    The report Carbon Emissions Trading in the United States, written by Barbara Hendrickson, Virginia Huang and Marty Venalainen and published by McMillan Binch Mendelsohn LLP, is a detailed discussion and overview of the US carbon market. The report discusses the evolution of emissions trading in the United States, its current ...


    By GLOBE SERIES

  • A first look at how the EU emissions trading scheme is working

    The EU's emissions trading scheme (ETS) was introduced for a three-year trial period in 2005, and this initial analysis looks at how well it is working using data from the first two years of operation. The research concludes that both over-allocation and a reduction in CO2 emissions occurred. This research provides insights on the extent to which over-allocation of EU Emissions Allowances (EUAs) ...

  • More fraud within the clean development mechanism

    A consortium of North American and European activists have demanded sweeping changes to the Clean Development Mechanism (CDM) after charging that up to one-third of all CERs ever sold may have been illegitimate. The groups are demanding an investigation to determine whether a number of coolant firms have manipulated the marketplace since ...


    By GLOBE SERIES

  • Vintara announces an integrated, web-based GHG emissions management portal

    Vintara, the leading provider of fully automated, web-based enterprise performance and quality management solutions and services; announces a fully integrated GHG Emissions Management System Portal.With the successful March Release of our GHG Emissions Management Portal, Vintara allows any user, regardless of protocol, whether VP Environmental Affairs, production or sustainability manager to ...


    By Vintara

  • Ten states formally begin carbon trading

    On Thursday, for the first time ever, the United States will see a price on carbon emerge from a mandatory emissions cap-and-trade program. The auction this week is the first held by the Northeast Regional Greenhouse Gas Initiative (RGGI). RGGI caps carbon dioxide emissions from power plants in 10 Northeastern states to 188 million tons CO2 (171 million metric tons). Approximately 90% of the ...

  • Greg Barker`s statement on EU decision to improve security of Emissions Trading System

    Welcoming today’s EU vote to improve security measures for the EU’s emissions trading system, UK energy and climate change minister Greg Barker said: “Today’s decision will help crack down on those criminals targeting Europe’s carbon market. The EU’s carbon system is only as secure as the weakest link, which is why the UK’s been pushing for tougher ...

  • China`s coasts offer more than land reclamation

    Protecting China's coastal ecology from land reclamation will reduce greenhouse gas emissions, benefit the coastal economy and highlight the carbon-trading potential of coastal energy crops, say Jiang Gaoming, Dou Guanyi and Chen Bosen in an article in China Dialogue. China's mangrove forest area has fallen from 500 to 150 square kilometres over the past 60 years as a result of reclamation and ...


    By SciDev.Net

  • China`s coasts offer more than land reclamation

    Protecting China's coastal ecology from land reclamation will reduce greenhouse gas emissions, benefit the coastal economy and highlight the carbon-trading potential of coastal energy crops, say Jiang Gaoming, Dou Guanyi and Chen Bosen in an article in China Dialogue. China's mangrove forest area has fallen from 500 to 150 square kilometres over the past 60 years as a result of reclamation and ...


    By SciDev.Net

  • “Texas Climate & Carbon Exchange” Opens for Global Trading Announces deals with Australian and Japanese partners

    Starting today at 9:30 am Eastern/8:30 am Central, Texas Climate & Carbon Exchange (TCCX) opens worldwide trading, making the carbon credits of 145 members from 22 companies available to companies, utilities, and municipalities in North America. The electronic, emissions offsets mercantile dedicated to global trading of carbon offsets and credits celebrated the launch of the exchange last ...

  • EU governments back emission trading for aviation

    Airlines should be included in the European carbon trading scheme (ETS), EU environment ministers agreed almost unanimously on Tuesday. Most also said there should be no initial exemption for flights to and from non-EU destinations. But there was no consensus on when carbon caps should be first applied to the sector. In their first public debate on draft legislation to include aircraft emissions ...

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