Carbon Bubble To Be Discussed By Bank of England

Environmental Finance | News | Bank of England to discuss carbon ‘bubble’ with investors

The Bank of England has agreed to a meet investors and lobby groups next month to discuss whether climate change poses a systemic risk to capital markets. The same group is now pressing Mario Draghi, president of the European Central Bank, to consider the issue.

UK issues airlines free CO2 permits

UK starts to issue free CO2 permits to airlines | Reuters

(Reuters) - Britain has allocated less than one percent of the 56.7 million European Union carbon permits it expects to issue this year to airlines taking part in the EU Emissions Trading Scheme, the Department of Energy and Climate Change said on Thursday.

NZ carbon prices bounce

NZ spot carbon prices recover from sell-off | Reuters

(Reuters) - New Zealand carbon prices inched up on Friday, steadying from a sell-off in the past week that tracked a reversal in the European market following a rally on moves to possibly limit European carbon permits.

New carbon indexes launched by FTSE

Environmental Finance | News | FTSE launches new carbon indexes

Index provider FTSE has launched four carbon indexes to help investors reduce long-term climate change risks. In a partnership with not-for-profit organisation Carbon Disclosure Project (CDP) and carbon benchmarking provider ENDS Carbon, FTSE has developed indexes addressing climate change risks and related regulation in Australia, Japan and Europe. The new indexes are the FTSE CDP Carbon Strategy Australia 200 Index, FTSE CDP Carbon Strategy Australia 300 Index, FTSE CDP Carbon Strategy Europe Index and FTSE CDP Carbon Strategy Japan Index. These indexes are additions to existing UK indexes – the FTSE CDP Carbon Strategy All-Share Index and the FTSE CDP Carbon Strategy 350 Index.

Marine species endangered by carbon emissions

Rising carbon emissions could wipeout marine species | Mail Online

Carbon emissions are acidifying oceans at a faster rate than at any time in the past 300 million years, raising the prospect of ecological catastrophe in decades to come. When seawater becomes too acid, corals and shrimp-like plankton at the bottom of the food chain cannot survive.

The Green War

EU emissions trading could escalate into 'first green trade war'

Europe is facing the threat of a global trade war over its unilateral climate policies. A group of nearly 30 nations gathered in Moscow last month to consider retaliation against the European Union's new emissions trading law - which obliges international airlines, regardless of nationality, to pay for CO2 emissions when using European airports. Airlines have until April 2013 to submit carbon allowances to cover their 2012 emissions, before facing possible fines or bans under the new EU law.

Scared of sharks? No worries, carbon emissions are acidifying our oceans at a rate faster than any time in the past 300 million years

Rising carbon emissions could wipeout marine species

Carbon emissions are acidifying oceans at a faster rate than at any time in the past 300 million years, raising the prospect of ecological catastrophe in decades to come. When seawater becomes too acid, corals and shrimp-like plankton at the bottom of the food chain cannot survive.

Rural communities finally getting some long overdue attention in the hope of making them more sustainable

Let's link the working rural landscape to the sustainability agenda (with Lee Epstein)

There has finally been some overdue attention paid recently to the strengthening of rural communities to make them more economically and environmentally resilient. Ranson, West Virginia, for example, was the recipient of planning assistance last fall; Belfast and Lincolnville, Maine undertook a citizen-driven planning exercise, and the federal Environmental Protection Agency included a rural learning center in Howard, South Dakota (population 850) as one of its annual national award winners for smart growth excellence.

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Point Carbon's OTC price assessments

		Close	+/-
EUA	Dec 2012	8.89	0.16
sCER	Dec 2012	4.60	-0.05

Domestic policy

01 Mar 2012 18:24

U.S. senator floats clean energy standard, market mechanism

A senior U.S. senator on Thursday unveiled legislation that would double U.S. clean energy productio…

Markets

01 Mar 2012 11:20

UK starts to issue free carbon permits to airlines

The UK has given 5 million EU carbon permits to three airlines, representing less than one percent o…

Markets

01 Mar 2012 10:12

UPDATE 1: EUAs rebound from 10-day low as profit-taking eases

European carbon rebounded from a 10-day low on Thursday as higher oil prices helped permits rise aft…

Markets

01 Mar 2012 15:03

Spain approves 23 new U.N. emissions reduction projects

Spain’s government has given investors approval to develop 23 new emissions reduction projects with…

EU ETS

01 Mar 2012 10:21

INTERVIEW-Cheap CO2 is least of EU's green angst-wind head

The European Union's credibility as a global environmental leader is at risk unless it can mend its…

Domestic policy

01 Mar 2012 05:12

New push for offsets amid concerns of California shortage

Offset project developers are mounting a fresh campaign to get landfill offset credits approved unde…

Markets

01 Mar 2012 09:39

NZ carbon falls 6.5 pct amid profit taking in EU market

Spot CO2 permits in the New Zealand emissions trading scheme fell 6.5 percent to NZ$7.85 this week a…

Latest news

• 01 Mar 12 18:24 U.S. senator floats clean energy standard, market mechanism 
• 01 Mar 12 16:49 Main CO2 market lobby appoints Dirk Forrister as CEO 
• 01 Mar 12 15:55 Carbon-emitting power output in big EU states falls 2.8 pct 
• 01 Mar 12 15:03 Spain approves 23 new U.N. emissions reduction projects 
• 01 Mar 12 12:57 Governments embrace voluntary market: report 
• 01 Mar 12 11:20 UK starts to issue free carbon permits to airlines 
• 01 Mar 12 10:21 Cheap CO2 is least of EU's green angst-wind head 
• 01 Mar 12 10:12 EUAs rebound from 10-day low as profit-taking eases 
• 01 Mar 12 09:39 NZ carbon falls 6.5 pct amid profit taking in EU market 
• 01 Mar 12 05:12 New push for offsets amid concerns of California shortage 
• 01 Mar 12 03:29 HK Airlines may cancel A380 order over EU emissions plan 
• 29 Feb 12 23:52 Opponents question EPA authority in greenhouse gas case 
• 29 Feb 12 18:25 Small German installations apply to exit EU ETS 
• 29 Feb 12 18:00 EU carbon slides below 9 euros as energy complex softens 
• 29 Feb 12 17:51 EU should shelve plans for further CER curbs: EC official 
• 29 Feb 12 13:05 EEX to auction 85 million phase 3 EUAs for Germany 
• 29 Feb 12 12:59 Denmark’s NEAS takes punt on post-2012 CDM 
• 29 Feb 12 11:31 Holcim’s earnings from EUA sales plunge 33 pct in 2011 
• 29 Feb 12 07:36 Senator expects Mexico climate bill vote in March 
• 28 Feb 12 23:53 U.S. carbon capture incentives could slash 4 bln tonnes CO2 
• 28 Feb 12 17:13 EU nations issue at least 70 percent of 2012 allowances 
• 28 Feb 12 17:11 CO2 prices tumble as specs sell on EU vote 
• 28 Feb 12 17:02 CO2 cash “too important” to reject set-aside: lead MEP 
• 28 Feb 12 16:58 Carbon trader back in black, limits exposure to weak CERs 
• 28 Feb 12 15:48 FTSE launches four carbon indices 

All news

A carbon free paradox

Philips Sustainability Report: Carbon Footprint Falls, Efficiency Rises but Progress Slows

Philips Electronics reduced its operational carbon footprint and increased its energy efficiency – both by 4 percent – between 2010 and 2011, but its water intake for manufacturing purposes rose 3 percent over the same time period, according to the company’s 2011 integrated annual report.

Xpedex is ahead of the curb!

Xpedx Surpasses Sustainability Goals, Sets More

Distribution company Xpedx exceeded its sustainability goals on recycling and the Energy Star certification of its facilities in 2011, and has pledged new goals for 2012.