Combet flags Asia-Pacific carbon trading system

Combet flags Asia-Pacific carbon trading system - Business (Australian Broadcasting Corporation)

Australia could soon join China, Korea, New Zealand, California and parts of Canada in an Asia-Pacific carbon trading system that would remove competitive disadvantage for any one country, according to Climate Change Minister Greg Combet. Mr Combet made the comments on a visit to China, which is preparing its own pilot trading schemes.

ICE Futures Europe to auction UK CO2 permits

UPDATE 1-ICE Futures Europe to auction UK CO2 permits | Reuters

LONDON, April 23 (Reuters) - Britain has awarded a contract to ICE Futures Europe to auction carbon permits in the third phase (2013-2020) of the European Union emissions trading scheme in a move that will boost volume on the most liquid carbon bourse.  The UK, Germany and Poland have opted out of joining a common EU-wide auction platform and decided to set up their own national ones.

Carbon trading: Why 'good' companies embrace 'bad' credits

Carbon trading: Why 'good' companies embrace 'bad' credits - CSMonitor.com

Europe’s carbon trading system was supposed to reduce greenhouse-gas emissions. But at least one of its methods for doing so may actually have increased those emissions.  The scheme was dubious enough that the European Union (EU) banned it as part of the trading system, effective May 2013. But some of the world’s largest energy and chemical companies, far from distancing themselves from the program, continue to use it to offset their emissions – or at least leave open the option of using it until the ban goes into effect.

Low price of emission rights ruining cap and trade system

Helsingin Sanomat - International Edition - Business & Finance

The European Union began its trade in carbon dioxide emissions at the beginning of 2005. The system was supposed to become a cornerstone or the flagship of the EU’s climate policy, which would show the way to the other world powers following in its wake.  Now, more than seven years later, the flagship is running aground, and the fleets of the rest of the world are each looking for their own courses.

News - Point Carbon - Providing critical insights into energy and environmental markets

News - Point Carbon - Providing critical insights into energy and environmental markets

Point Carbon's OTC price assessments

		Close	+/-
EUA	Dec 2012	7.46	0.04
sCER	Dec 2012	4.58	0.01

EU ETS

23 Apr 2012 17:02

Spain’s energy sector emissions rise 53 pct in Q1 2012

The Spanish government’s policy of subsidising coal-fired electricity production led to a 53 percent…

Markets

23 Apr 2012 10:55

UPDATE 1: UK selects ICE to host CO2 permit auctions

The UK government has selected London-based energy bourse ICE Futures Europe to host its sales of th…

Markets

23 Apr 2012 13:11

SocGen’s top European energy analyst resigns

Societe Generale’s top European energy analyst has resigned to join a consulting firm, he said on Mo…

Policy

23 Apr 2012 13:18

Australia may allow firms to use waste offsets to cut CO2 bill

Australia on Monday proposed new rules that could immediately increase domestic carbon credit supply…

Policy

20 Apr 2012 17:15

ANALYSIS: EC proposal could flip CO2 market into backwardation

Bending the supply curve of EU carbon allowances in Europe’s cap-and-trade scheme could provide shor…

Policy

20 Apr 2012 19:52

Mexican bill pushes country toward low-carbon economy

Mexico’s general law on climate change, approved by its Senate late on Thursday, represents a step f…

Policy

20 Apr 2012 23:21

U.N. chief calls on Obama to attend Rio talks, tackle climate

U.N. Secretary General Ban Ki-moon on Friday called on U.S. President Barack Obama to join over 130…

Latest news

• 23 Apr 12 17:02  Spain’s energy sector emissions rise 53 pct in Q1 2012 
• 23 Apr 12 16:28  Africa CDM finance suffers without EUA price support 
• 23 Apr 12 13:54  EU may discuss use of sovereign CO2 permits in ETS 
• 23 Apr 12 13:18  Australia may allow waste offsets to cut CO2 bill 
• 23 Apr 12 13:11  SocGen’s top European energy analyst resigns 
• 23 Apr 12 13:06  EEX emissions trade revenue halves in 2011 
• 23 Apr 12 11:02  EUAs fall 2.5 pct as euro zone fear hits equities 
• 23 Apr 12 10:55  UK selects ICE to host CO2 permit auctions 
• 20 Apr 12 23:21  U.N. chief calls on Obama to attend Rio talks, tackle climate 
• 20 Apr 12 19:52  Mexican bill pushes country toward low-carbon economy 
• 20 Apr 12 18:16  Weekly CER issuance to rise to 5.9 million next week 
• 20 Apr 12 17:15  EC proposal could flip CO2 market into backwardation 
• 20 Apr 12 11:37  TEP offloads Peru dam project 
• 20 Apr 12 10:31  EUAs close near 7.50 euros, traders reflect on set-aside efforts 
• 20 Apr 12 01:24  Mexican senate clears climate law 
• 20 Apr 12 00:42  CCAs soar 14 pct as new buyer pushes prices 
• 20 Apr 12 00:34  California approves CO2 market rules for utilities 
• 19 Apr 12 19:01  Poland says ETS reform could bankrupt its industry 
• 19 Apr 12 17:40  UK early CO2 permit auctions to start in November 
• 19 Apr 12 17:30  EU carbon gains 1.5 pct on set aside talk 
• 19 Apr 12 17:25  Ukraine resumes ERU issuances after U.N. ban 
• 19 Apr 12 15:14  U.N. launches CDM loan scheme 
• 19 Apr 12 14:36  EC may delay CO2 permit sales to support carbon price 
• 19 Apr 12 13:02  French and African firms launch 45-mln euro Africa CO2 fund 
• 19 Apr 12 12:50  Enel buys U.N. offsets from Haiti cookstove project 

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