| Sourced From Lowcarboneconomy.com |
Fredrik Reinfeldt will serve as EU president for the next six months and has pledged to make a breakthrough at the upcoming UN summit on global warming.
Europe
EU CO2 Traders Buy Record Puts, Send Bearish Signal (Update1)
| Sourced From Bloomberg.com |
July 2 (Bloomberg) — European Union carbon traders bought a record amount of put options last month to protect themselves against declining prices for emission allowances.
World’s Largest & CO2-Neutral Inverter Factory Inaugurated by SMA
| Sourced From News.enf.cn |
Today, SMA Solar Technology AG inaugurated its new solar inverter factory. With the inverter factory, SMA is extending its production capacities to four gigawatt and is continuously expanding its successful strategy of flexibility. In the opening speech Chief Executive Officer Günther Cramer pointed out that the new facilities were setting a new trend in terms of CO2 neutral fabrication sites.
Europe Fails to Recognize Carbon Dioxide As a Pollutant
During a recent meeting of the environment, ministers of EU member countries sidestepped the issue of declaring carbon dioxide a pollutant. While the ministers agreed on a proposal to reduce industrial pollution, various environmental groups criticized the ministers’ inaction on what seemed an essential and significant decision in Europe’s fight against climate change.
Continue Reading on Reuters
Société Générale / orbeo Carbon Drivers - 29/06/09 – Technical trap
Technical considerations continue to drive the carbon markets these days, keeping price movements in a narrow €13.1 /t - €13.5 /t range. Volumes are limited and operators do not seem willing to take any strong view or position
Continue Reading on ThomsonReuters
New report shows that carbon offsets can deliver business benefits – but you have to know how to use them
| Sourced From Yourrenewablenews.com |
This is the conclusion reached in a new report (The Business Case for Carbon Offsetting – An Independent Analysis) from the Carbon Market analyst team at New Energy Finance Ltd. The research is based on an analysis of over 2,000 offsetting companies, a complete review of previous research in this field and in-depth interviews with over 40 end-buyers of carbon offsets.
E.ON to Be ‘More Selective’ in Sponsoring Projects to Cut CO2
| Sourced From Bloomberg.com |
June 29 (Bloomberg) — E.ON AG, Germany’s biggest utility, will become more selective when it sponsors projects to reduce greenhouse gas, its chief executive officer said.
Global free trade accord seen helping environment
GENEVA, June 26 (Reuters) - A new global free trade accord could help fight climate change by making clean-energy products more widely available, the World Trade Organisation and United Nations Environment Programme said on Friday.
Continue Reading on Communities.Thomsonreuters
Climate Exchange shares jump 17 percent
LONDON (Reuters) - Shares in carbon emissions exchange operator Climate Exchange plc jumped nearly 17 percent on Tuesday after IntercontinentalExchange said it had taken a 4.8 percent stake in the company on Monday.
Continue Reading on Reuters
Nissan to teach drivers how to use less fuel, lower CO2 emissions
| Sourced From Reliableplant.com |
European motorists are being shown how to drive more economically in a unique project designed to help reduce fuel bills and lower CO2 emissions. The Nissan Intelligent Driver Project (NIDP), an eight-month study of drivers in the United Kingdom (UK) that begins this month, uses satellite navigation systems, mobile phone technology and advanced vehicle telematics to analyse driving habits and suggest ways of improving fuel economy. Reduction in fuel consumption and CO2 are the two main targets behind the project.
Recession, expensive oil slow CO2 growth in 2008
| Sourced From Google.com |
AMSTERDAM (AP) — The global recession has an up side, at least for people worried about climate change: carbon emissions are growing more slowly than in recent years, Dutch researchers said Thursday.
Carbon and emissions trading in Europe, Part One - How the Europeans do it
| Sourced From Opalesque.com |
As public awareness of climate change issues is growing and market-based solutions are increasingly seen as the key to delivering pragmatic change, the trading business is booming.
Remedy for CO2 and communal waste
| Sourced From Polishmarket.com.pl |
Restrictions in CO2 emission rights and the implementation of the EC’s 3×20 programme are a big challenge for Poland’s economy. Also dramatically mounting are problems with waste management and processing, where years of negligence have put Poland in the EU tail.
To-date experiences in EU countries show that waste-generated energy is cheapest and waste incineration generates 2-3 times less pollution than traditional fuels. In the EU heat-processing installations for communal waste are considered an environmentally neutral CO2 source.
EC authorises proposed Danish CO2 tax reductions under certain conditions
| Sourced From Environmental-expert.com |
The European Commission has cleared under EC Treaty state aid rules a Danish project to grant CO2 tax relief to companies covered by the EU’s Emissions Trading Scheme (EU ETS), subject to conditions. After an in-depth investigation, opened in September 2006 (see IP/06/1274 ), the Commission concluded that if the proposed full tax exemption would be implemented, some of the environmental objectives which a tax on energy products aims to achieve would be lost. The Commission also had concerns that a full tax exemption would distort competition by increasing tax differentiations in an area where the EU has harmonised taxes and set tax minima to create a level playing field between companies. The Commission therefore approved the measure under the condition that it is amended so that all concerned companies pay an energy tax respecting at least the harmonised minima tax levels.
Germany agrees scaled-down CO2 capture law
| Sourced From Euractiv.com |
Germany’s grand coalition government has reportedly agreed to a scaled-down draft law on carbon dioxide storage after conservatives objected to some of the measures.
“We’ve reached an agreement,” a coalition source said to Reuters on Friday (9 June), referring to the carbon capture and storage (CCS) law.
