carbon trading Latest News

The reduced cap on emissions which the Energy Efficiency Directive will bring about will reduce the supply of European Union Allowances, also known as carbon credits or carbon offsets.

According to market analysts quoted in the New York Times News Service in recent weeks, carbon trading is very much still the hot topic.

The legislation, which is part of the Australian government’s commitment to tackling climate change, is further proof of just how hot carbon offsetting is right now.

Global Warming is defined as the average temperature is increased in earth's atmosphere, oceans and sea levels that adversely affect the biotic environment of our planet.

From now on we can offer clients their own sub accounts on one of the major carbon registries AT NO ADDITIONAL COST!

EU carbon prices could increase by as much as 15% in the next 8 years through 2020 if Germany decides to permanently halt extended use of its nuclear facilities.

Mary Nichol, California’s top regulator has said she hopes the state’s cap-and-trade system will broaden the number of offset types considered for compliance.

As Japan struggles to avert a meltdown at one of its nuclear power stations, eroding confidence in nuclear energy, and governments around the world are re-evaluating the use of this energy source and focus on renewable energy has increased.

The UK government set out incentives intended to spur £4.5 billion of investment into renewable heating systems by 2020.

Environmentalists have voiced concern over an EPA proposal which they believe will negatively affect the quality of the GHG emissions information being collected by the government.

Washington State’s senate has approved legislation to shut down a coal burning power plant responsible for 10% of the state’s carbon emissions.

Deutsche Bank has announced that it has lowered its forecast on both its 2010 CO2 emissions and its EUA price projection for 2011 as a result of lower-than-anticipated emissions from power stations and week profit margins for generators.

Iberdrola SA bid €2.5 billion ($3.5 billion) to buy out minority investors who lost money when it took its Renovables unit public in 2007.

The introduction of a carbon price in Australia will help provide the electricity industry with the certainty it requires to boost investment according to Julia Gillard.

The aviation industry is to be allocated 212.9 million allowances under the EU’s emissions trading scheme next year, but demand for permits may cost the sector over $1 billion says one analyst.

Top hedge funds have delivered a surprised in the fourth quarter by swapping out leading Wall Street financial giant Goldman Sachs Group Inc with battered bailout survivor Citigroup Inc.

European Commission gives Austrian and Polish emission registries the go-ahead to reopen on 07 March.

The U.S.’s Environmental Protection Agency has announced that it has extended the deadline for thousands of business to report their greenhouse gas emissions.

The EC is soon to ask member nations to set up national trading systems for energy certificates to help the EU meet its 2020 energy target.

In his third climate update, Australia’s climate change advisor, Ross Garnaut says he anticipates that global emissions will still double between 2005 and 2003 without significant climate change mitigation measures.

Wagner Wind Energy and Independence Wind LLC have been offered a conditional commitment for the loan guarantee for a wind farm planned near Roxbury, Maine.

Several of the leading energy companies in Europe have said they support more stringent cuts for greenhouse gas emissions.

Australia may phase in an emissions trading program after launching a tax which could later be converted into a floating price.

Republicans in Congress hope to push a bill through that will permanently stop the Environmental Agency from regulating greenhouse gas emissions, according to a senior Congressional aide.

Over two decades after the supertanker struck a reef unleashing the U.S.’s worst tanker oil spill, a lingering legal battle returns to court.

Suntech’s CEO says even with a pullback in government subsidies in a number of key markets he still expects to sell half of the company’s production of solar panels in Europe in 2011.

U.S. administration appointed lawyer Ken Feinberg says that upwards of 100 000 Gulf of Mexico oil spill claims may never be paid.

Work on the implementation of recently agreed climate accords including a new green fund, will begin next month according to a senior U.N. official, in spite of the ongoing wrangling over the future of the Kyoto Protocol.

South Korea to start carbon trading from 2015 according to local media sources quoting senior government officials, amid strong opposition from industry.

A tougher greenhouse gas emissions cutting target for the EU would create more jobs and boost economic growth by 2020, rather than impact it negatively as many EU governments fear according to a recently released study.

After thorough due diligence Fair Deal Invest has today launched a new website sponsored by Carbon Trading AG on Carbon Credit Investments.

The UN’s Environment Program says that countries could kick-start a “green economy” by redirecting $1.3 billion a year from industries which over use resources.

The European Union is considering cutting carbon emissions 25% by 2020 and withholding permits for the next phase of its cap-and-trade program to slow excess supply and encourage new technologies.

The new chairman of the Clean Development Mechanism is optimistic that by using regulators more effectively the world’s second largest carbon market will be ready to handle the increase for new credits this year.

The world’s largest producer of thin-film photovoltaic panels announces a major deal with Edison International for its Nevada solar plant.

The Australian government estimates that carbon emissions will climb by 24% between 2000 and 2020 without an initiative to ensure that companies pay for burning fossil fuels such as coal.

The U.S. government has identified four zones for offshore wind energy projects in a bid to accelerate the development of renewable energy projects.

In a bid to make solar energy as cheap as fossil fuels by the end of the decade the Department of Energy has announced that it will spend $27 million to reduce the cost of solar power by 75%.

A recent joint report by conservation group WWF and energy consultancy company Ecofys shows that all but 5% of the world’s energy requirements could be met by renewable sources by 2050.

Obama’s clean energy standard received a boost recently when the head of the Senate energy panel announced that he could back the idea of including nuclear power in the fuel mix.

In an attempt to unblock the deadlock on finding a successor to the UN’s Kyoto Protocol for slowing global warming, climate negotiators from almost 200 nations are to meet in Bangkok in April for an extra session.

France recently announced that it is to build its first offshore wind project in a bid to gain ground on its European neighbors in the development of renewable energy.

A United Nations Framework Convention on Climate Change official says that the European Union’s upcoming ban on carbon credits linked to some gasses will increase demand for Clean Development Mechanism (CDM) projects in Africa.

The U.S. President has set a target for power plants to produce mainly clean electricity by 2035, including power from sources such as clean coal and natural gas.

CME’s Green Exchange LLC recently said it was to launch a post-2012 contract for UN carbon credits at the end of February.

Greece’s Public Power Corporation is to issues a tender to build a 200MW solar farm and PV factory expected to cost $814 million (€600million.)

Energy Dept. announces that it has awarded a $967 million loan guarantee to an NRG Energy subsidiary to help pay for the globes largest solar power plant using photovoltaic panels.

Adding evidence to global warming theories the UK Meteorological Office has announced that 2010 was the second hottest registered.

As part of China’s ongoing drive to cut its pollution and energy costs, the U.S’s largest aluminum producer is to work with China Power Investment on clean energy and smelting projects worth $7.5 billion.

Italy’s largest renewable energy firm, EGP announces that it has been given the go-ahead to build a new wind farm on the island of Sardinia.