The Climate Group to Develop Low Carbon Cities in China - 2009-01-21 The Climate Group plans to develop 15 to 20 low carbon cities in China as part of the organization's drive to reduce carbon dioxide emissions and battle climate change.
Carbon Market Worth $118B in 2008 - 2009-01-12 Despite the slumping economy, the value of the worldwide carbon market soared 84 percent in 2008 to reach $118 billion, and could reach $150 billion this year, according to New Carbon Finance.
CDM Takes Off Around the World - 2008-12-23 The United Nations is claiming its Clean Development Mechanism (CDM) is causing a boom in emission-saving initiatives around the world.
U.K. Shipping Industry Proposes Maritime Cap-and-Trade - 2008-12-17 The United Kingdom shipping industry has proposed creating a global cap-and-trade program for a sector responsible for transporting 80 percent of the world's trade goods
EU Court Rejects Steel's Challenge To Carbon Market - 2008-12-17 The European Union's carbon emissions trading scheme, Europe's key tool for fighting climate change, does not discriminate against steelmakers, the EU's top court said on Tuesday.
Japan Aims To Limit Speculation In Emissions Trade - 2008-11-26 Japan's prime minister wants to limit speculative trading in his country's carbon emissions trading scheme, a senior policy negotiator said on Tuesday.
Calif. Businesses Join Chorus of Support for Climate Laws - 2008-11-21 A group of California businesses and trade associations on Thursday threw their support behind the state's climate change regulations, arguing the efforts to reduce greenhouse gas emissions amount to an enormous economic opportunity.
Canada Wants North American Cap-And-Trade System - 2008-11-20 Canada's Conservative government said on Wednesday that it would work to develop a North America-wide cap-and-trade system to limit emissions of greenhouse gases.
Carbon Offsets Go Online as List of Top Providers Released - 2008-11-12 Potential carbon offset buyers got some help wading through their options over the last week with the launch of two online offset portfolios and the release of a report ranking North America's top providers.
EU Carbon Caps Not Forcing Emissions Relocation: Report - 2008-11-05 The European Union's Emission Trading Scheme has not caused heavy industries like aluminum and steel to move operations or shift investments to countries without carbon oversight, according to a report from the International Energy Agency.
Japan Steel Sector Buys 59 Mln Tonnes Kyoto Offsets - 2008-10-29 The Japan Iron and Steel Federation has bought a third more UN carbon offsets, called CERs, than a planned 44 million tonnes for 2008-2012 delivery to help meet the sector's voluntary target with the government to cut carbon dioxide emissions, a federation official said on Tuesday.
Goldman Takes Stake In Carbon Company Blue Source - 2008-10-28 Goldman Sachs Group Inc has taken a minority equity stake in Blue Source, LLC, a US developer of voluntary greenhouse gas emissions credits, the companies said on Monday.
Europe Incorporates Aviation into EU Greenhouse Gas Trading System as of 2012 - 2008-10-27 The European Council on Friday adopted a directive (doc. 3657/08) that includes aviation activities in the EU greenhouse gas emission allowance trading system (ETS). As of 1 January 2012, all flights arriving at or departing from an EU airport will be included in the scheme.
Market Chaos Won't Slow Carbon Scheme - Australia PM - 2008-10-15 Australia's plans to launch a carbon emissions trading scheme within two years will not be derailed by the global financial crisis, Prime Minister Kevin Rudd said on Tuesday.
Climate Deal to Help Overcome Financial Crisis - EU - 2008-10-15 Tackling climate change will help, not hinder, governments' efforts to overcome the global financial crisis, the EU's environment chief said on Tuesday.
Carbon Trust Doubles Energy Efficiency Loans, Research Grants - 2008-10-14 U.K.-based Carbon Trust has doubled the size of loans available to small and medium sized businesses for upgrading to energy efficient equipment and also doubled its grants for research into technology that can cut carbon emissions.
Carbon Tax Seen as Best Way to Slow Global Warming - 2008-10-13 Climate taxes, not cap and trade markets alone, will lead to the vast technological changes the world's energy system needs to fight global warming, a top US economist said on Thursday.
US Focus on Climate Could Ease Financial Crisis - 2008-10-10 If the United States focused on curbing climate change as soon as a new president took office -- or sooner -- it could help pull the world from the financial brink, environmental policy experts told Reuters.
First RGGI Auction Raises Nearly $38.6M - 2008-09-30 North America's first auction of greenhouse gas emissions permits last week raised nearly $38.6 million that will go toward energy efficiency and renewable energy projects in six Northeastern and Mid-Atlantic states.
Bulgaria Launches C02 Registry to Kick Off Trade - 2008-09-30 Bulgaria has opened a long-delayed national carbon dioxide registry which allows the Balkan country to launch trade in greenhouse gas emissions, an environment ministry official said on Monday.
FACTBOX - Global carbon emissions soar - 2008-09-25 Global carbon emissions are rising rapidly, an international study says, with production of carbon dioxide in 2007 up sharply from the year before through the burning of fossil fuels, deforestation and cement making.
Australia to Set Up Carbon Capture Institute - 2008-09-22 Australia will set up a A$100 million (US$80 mln) carbon capture research institute aimed at fighting climate shift and with ambitions of becoming the world hub for the technology, the government said on Friday.
Economic Slowdown Won't Ease Carbon Emissions - 2008-09-22 Tumbling factory output following an economic slowdown will not be enough to curb rising industrial carbon emissions in Europe, analysts said on Friday.
California Air Board Says There's Dollars in Green - 2008-09-19 California's landmark legislation to cut carbon dioxide emissions to 1990 levels by 2020 will help the state's economy in the long run, according to a report issued Wednesday by the state agency charged with implementing the cuts.
South Korea Launches First Carbon Trading Company - 2008-09-18 South Korea said on Wednesday it would launch its first carbon trading firm to fund clean energy projects and encourage investment in emission trading, joining the global push to tap the US$64 billion carbon market to fight climate change.
Carbon Trust Urges Firms to Learn 'Carbon Literacy' - 2008-09-17 According to the Carbon Trust's annual report, businesses working with the organization cut their carbon footprint by almost two million tonnes last year – an increase of half a million tonnes on the previous year.
12 States Sue EPA Over Refinery Carbon Emissions - 2008-08-26 New York and 11 other states are suing federal environmental regulators over greenhouse gas emissions from oil refineries, the New York attorney general's office said on Monday.
US Should Find Way to Price Carbon Emissions - Execs - 2008-07-30 Two top executives from US industry told a congressional panel on Monday that the country should assign a dollar cost to carbon emissions to encourage investment in efficiency and tackle climate change.
Emission targets will add 20pc to household energy bills - 2008-06-30 Households already under pressure from soaring energy bills will see gas and electricity costs rise by an extra 20pc so that the UK can fund ambitious emission targets, according to a new report.
Japan Firms Use Master Contract to Trade Emissions - 2008-06-18 Marubeni Corp and Nikko Citigroup Ltd said on Tuesday they have agreed a master contract to trade UN approved carbon emissions between them, becoming the first Japanese companies to do so.
Two Biggest Canadian Provinces Sign Emissions Deal - 2008-06-03 In a rebuff to the Canadian government's plan to fight climate change, the country's two biggest provinces agreed in principle on Monday to set up a market-based system to curb greenhouse gas emissions.
Japan eyes new emissions cut goal for 2050 - 2008-05-12 Japan, the world's fifth biggest polluter, will announce a target next month for cutting domestic greenhouse gas emissions by 60-80 percent from current levels by 2050
ECX to launch Kyoto carbon credit options May 16 - 2008-04-23 The European Climate Exchange (ECX), the world's largest marketplace for the trade in emissions permits, will begin trading options on carbon offsets issued under the Kyoto Protocol on May 16.
INTERVIEW - US Carbon Market Inevitable - EU's Dimas - 2008-04-18 A US market in greenhouse gases is inevitable and President George W Bush should embrace trading now, so as to sharpen US efforts to slow global warming, European Commissioner Stavros Dimas said on Thursday.
White House Weighing New US CO2 Proposal - Sources - 2008-04-15 The Bush administration is debating whether to embrace a mandatory system to control US greenhouse gas emissions and could make an announcement as early as this week, industry sources said on Monday.
Japan Ups CO2 Offset Buying As Nuclear Power Slows - 2008-04-15 Japan is stepping up efforts to meet its Kyoto Protocol targets by buying more greenhouse gas emissions offsets from abroad than previously planned as its own emissions rise and nuclear power production dwindles.
France, Germany Nearer To Cars CO2 Deal - Diplomats - 2008-04-10 France and Germany are making progress on finding a common position over proposed new European Union limits on carbon dioxide (CO2) emissions from cars, diplomats said on Wednesday.
Bank of America Adopts the Carbon Principles - 2008-04-02 Bank of America plans to adhere to the Carbon Principles in order to assess carbon-related risks in project financing.
UK To Introduce Domestic Carbon Emissions Trading - 2008-03-14 Energy-intensive businesses in Britain including supermarkets, banks and hotel chains will have to buy pollution permits from 2010 under a new government emissions trading scheme, Environment Secretary Hilary Benn said on Thursday.
Banks Say In Talks To Shape US Climate Policy - 2008-03-03 US banks, industry and decision makers are holding open talks about the shape of future climate regulations in the United States, likely to have far-reaching impact on the economy, bankers say.
Japan Industry Opens Door To Carbon Cap-And-Trade - 2008-02-22 Japan, the world's fifth-biggest greenhouse gas emitter, moved closer on Thursday to adopting a cap-and-trade system with mandatory emissions limits after a powerful business lobby softened its staunch opposition.
Canadian Province Plans Comprehensive Carbon Tax - 2008-02-21 Canada's westernmost province said on Tuesday it plans to impose a comprehensive carbon tax, dismissing fears voiced by the federal government as well as some business and labour leaders that the fees to fight climate change will hurt the economy.
Norway Mall Offers Shoppers Greenhouse Gas Credits - 2008-02-19 Half a kg of salmon; two kg of potatoes; a tonne of greenhouse gas reductions -- shoppers at one Norwegian mall can now buy cuts in their carbon footprint as they pick up their weekly groceries.
Japan Aims For Emissions Trade With Russia - 2008-02-11 Japan and Russia have agreed to start talks on fighting global warming, including possible greenhouse gas emissions trading that would help Tokyo to meet its goals under the Kyoto Protocol, media said on Sunday.
Russia, Ukraine Next to Trade Kyoto Carbon Credits - 2008-02-08 Russia and Ukraine will be the next nations to join, within months, only a handful of countries physically connected to a UN emissions trading scheme, a senior United Nations official told Reuters on Thursday.
Russian Government Clears Way for Carbon Profits - 2008-01-30 Russia's government on Tuesday opened the door to applications from entrepreneurs and big polluters to profit from greenhouse gas emissions cuts by selling these to Western countries.
Cap and Trade Not Enough to Cut Carbon - Goldman - 2008-01-21 Capping and trading carbon emissions will not be enough to fight output of the gases blamed for warming the planet, the managing director of Goldman Sachs' US carbon emissions desk said on Thursday.
Tokyo Eyes Buying Carbon Credits From China - 2008-01-04 Japan is planning to buy up carbon credits yielded by its investments in emissions-cutting projects in China, a newspaper said on Thursday.
Japan, Hungary Sign Accord on CO2 Credits Transfer - 2007-12-19 Japan on Tuesday signed its first basic agreement with Hungary to buy the European country's surplus allowances for greenhouse gas emissions under the Kyoto Protocol, government officials said.
NYMEX, Evolution to Launch CO2 Exchange in '08 - 2007-12-13 Evolution Markets, an environmental products and energy brokerage, said on Wednesday it was combining with the New York Mercantile Exchange to offer trade in the United States next year in global carbon credits.
IETA Says 2007 Carbon Market Could Hit US$70 Billion - 2007-12-11 The market for trading in carbon emissions will probably be worth US$60 billion to US$70 billion this year, the head of an industry group said on Monday, upping an earlier estimate as the market drew new investors.
EU Carbon Price Hits Five-Month High on Snag - 2007-11-21 European carbon credits hit a 5-month high on Tuesday, as the market rallied on higher natural gas and weaker coal prices, and as a trading snag raised fears of a bottleneck in supply of cheap carbon offsets.
Japan Firms Log 1st Carbon Credits on New UN System - 2007-11-19 Japan has officially received 8.6 million tonnes of carbon credits since becoming the first country to connect to the UN's new carbon-trading system earlier this week, the Ministry of the Environment said on Friday.
The Carbon Calculus - 2007-11-08 A CHANGE is in the works that could go a long way toward making alternative energy less alternative, and more attractive to consumers and businesses.
Voluntary Carbon Market to Boom in Asia, US - 2007-11-08 Trading in voluntary carbon markets is booming as companies, in top customer the United States but also in Asia, rush to offset their impact on global warming outside a regulated Kyoto protocol scheme.
US Exchanges Explore Carbon Trading Market - 2007-11-07 Some of the biggest US exchanges are eyeing a piece of the global carbon trading market, which is expected to double in size by 2012 from current levels as governments and industry step up efforts to reduce pollution.
Third Phase of EU Carbon Trading to go Through 2020 - 2007-10-31 The third phase of the European Union's emissions trading scheme will run from 2013 to 2020, an official said on Tuesday, as EU ministers prepared for a crucial round of international climate change talks.
U.S. States, Nations to Start Global Emissions Market - 2007-10-30 U.S. states and nations including those in the European Union formed a group to ensure emissions trading standards are consistent around the world, helping build a global market for greenhouse-gas credits.
EU Cuts Industrial Carbon Emissions Quota 10 Pct - 2007-10-29 European industry will have to to emit 10 percent less carbon dioxide than governments had wanted from 2008-12, after the European Commission tried to put the bloc back on track to meet its Kyoto targets on Friday.
Developing Nations Have Emissions Role – Indonesia - 2007-10-25 Richer nations must take the lead in reducing carbon emissions, but developing nations should also play their part depending on their circumstances, Indonesia's president said on Wednesday.
More Japan Industries Raise CO2 Emission Cut Targets - 2007-10-25 Japanese trucking firms, home builders, instant noodle makers and sugar manufacturers promised to take additional measures to help reduce greenhouse gas emissions and help the country meet climate change goals, the government said.
Subscribe to