Latest Carbon News Headlines

Thomson Reuters Point Carbon's OTC price assessments

		Close	+/-
EUA	Dec 2012	6.78	0.37
sCER	Dec 2012	0.63	-0.03

 

 

Latest Carbon Market News

Markets

07 Dec 2012 17:58

EUAs jump 5 pct on potential German backloading deal

LONDON, Dec 7 (Reuters Point Carbon) – European carbon prices hit a six-day high on Friday, rising m…

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Markets

07 Dec 2012 12:45

EU cuts internal deal on AAU banking

DOHA, Dec 7 (Reuters Point Carbon) - The EU has reached internal agreement on how to deal with a hug…

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CDM/JI/AAU

07 Dec 2012 19:25

Italy to buy up to 100 mln Kyoto permits by 2015

DOHA, Dec 7 (Reuters Point Carbon) – Italy will buy 80-100 million Kyoto carbon permits to help it m…

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Policy

07 Dec 2012 16:33

Climate talks risk failure over aid row, lack of carbon cuts

DOHA, Dec 7 (Reuters) - Wrangling over aid to the developing world and the failure of rich countries…

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CDM/JI/AAU

07 Dec 2012 18:21

CER issuance set to hit 1.16 bln by end-2012

LONDON, Dec 7 (Reuters Point Carbon) – The U.N. is poised to give out a record 64.5 million Certifie…

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Markets

07 Dec 2012 18:32

Bidders buy half of RGGI permits at 18th carbon auction

WASHINGTON, Dec 7 (Reuters Point Carbon) - Buyers snapped up just 53 percent of available carbon emi…

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Markets

06 Dec 2012 21:09

California CO2 permit demand one-third as strong as previously thought

SAN FRANCISCO, Dec 6 (Reuters Point Carbon) – Demand for California CO2 permits at the state’s first…

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Tree-Saving Climate Negotiators Sacrifice Two Million Pages

  Photo:  geograph.org.uk

Tree-Saving Climate Negotiators Sacrifice Two Million Pages - Bloomberg

When 17,600 representatives from 194 nations criss-cross the globe to fight climate change, they make themselves vulnerable to certain charges of hypocrisy: How much fuel did they burn to get there? What about the carbon pollution from all the hotel air conditioners? How big, really, is the anti-global-warming footprint?   There’s one barb that’s lost its edge this year: paper consumption. United Nations Secretary General Ban Ki-Moon is on a mission to make the global body paperless by 2015. The efforts are saving hundreds of trees at this year’s climate treaty talks in Doha, Qatar, while creating headaches for many of the envoys.  For context, a common feature of COPs (as the annual meetings are called: it stands for Conference of the Parties) are the hundreds of harassed-looking negotiators carting around wheelie suitcases filled with documents covering the progress of discussions on greenhouse gas emissions reductions, finance, technology and -- yes -- reducing greenhouse gases by saving trees.

California Rejected 66% Carbon Permit Bids Last Month

  Photo:  fotopedia.com

California Rejected 66% Carbon Permit Bids Last Month - Bloomberg

California, the second-biggest carbon polluter in the U.S., behind Texas, said companies offered an average $15.60 a ton for emissions allowances in a state auction in November.  The price exceeds a preliminary figure of $13.75 a ton issued last month for all submitted bids because some offers were subsequently rejected for violating purchasing and holding limits or bid guarantees, the state Air Resources Board said on its website today. The state disqualified 66 percent of companies’ offers from the auction, according to Bloomberg’s calculation of the data provided by the state.  The bids were thrown out “during the auction settlement when we determined who exceeded holding limits, purchase limits or bid guarantees,” Dave Clegern, an air board spokesman in Sacramento, said by e-mail. “In the future we will be releasing all the information at once, including quantities of both submitted and qualified bids.”  After the disqualifications, the state had 1.06 legitimate bids per permit for the 23.1 million permits put up for sale on Nov. 14. Last month the state reported it had 3.1 bids for every permit available.

Latest Carbon News Headlines

Thomson Reuters Point Carbon's OTC price assessments

		Close	+/-
EUA	Dec 2012	6.41	0.51
sCER	Dec 2012	0.66	0.01

 

 

 

Latest Carbon Market News

Policy

06 Dec 2012 16:40

Key decisions elusive as U.N. climate talks near end

DOHA, Dec 6 (Reuters Point Carbon) – Agreement on how to raise billions of dollars in climate aid an…

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Markets

06 Dec 2012 19:16

U.N. keeps alive CDM credit crunch plan

DOHA, Dec 6 (Reuters Point Carbon) – A plan to drastically curb the supply of carbon offset credits…

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Policy

06 Dec 2012 12:42

Kazakhstan sets Kyoto cap ahead of CO2 market launch: official

DOHA, Dec 6 (Reuters Point Carbon) – Kazakhstan will sign up for the second phase of the Kyoto Proto…

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Corporate

06 Dec 2012 13:23

ArcelorMittal pulls out of EU CCS competition

LONDON, Dec 6 (Reuters Point Carbon) – Steel giant ArcelorMittal has pulled out of the first phase o…

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Markets

06 Dec 2012 15:49

Swedish energy fund pulls out of EU carbon market

LONDON, Dec 6 (Reuters Point Carbon) – A Swedish energy fund has stopped trading carbon after plungi…

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Markets

06 Dec 2012 14:54

NZ carbon hits new lows on weak EU market

DOHA, Dec 6 (Reuters Point Carbon) – Spot permits in New Zealand’s Emissions Trading Scheme fell 12…

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Markets

05 Dec 2012 20:49

California overstated inaugural carbon auction demand

SAN FRANCISCO, Dec 5 (Reuters Point Carbon) – California's air regulator confirmed that it counted r…

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EEX emissions trading reaches new record

  Photo:  geograph.org.uk

EEX emissions trading reaches new record

In November, a volume of 62.3 million tonnes of CO2 was traded on the European Energy Exchange (EEX) compared to 9.1 million tonnes of CO2 traded in November 2011. On the one hand, the increase is due to larger volumes from the primary market auctions which contributed 44.9 million tonnes of CO2 to the total volume. On the other hand, volumes on the EEX secondary market have risen significantly. The traded volume on the EUA Futures Market increased to 14.4 million tonnes of CO2 – which is more than four times the volume in November 2011 (3.1 million tonnes of CO2) and the highest monthly volume in this year. The traded volume on the CER Futures Market totalled 204,000 tonnes of CO2 compared to 74,000 tonnes of CO2 in November 2011.  Also in November, EEX recorded the first trades in EU Emission Allowance spot contract for the third trading period. Until now, 60,000 EUAs have been traded for delivery in the new trading period.