European Union carbon permits for December rose, posting their biggest weekly gain for two years, after Germany decided to close 7 gigawatts of nuclear capacity.
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Carbon floor price plans need more credibility, say investors
Bringing in a carbon floor price could inadvertently damage investor confidence in clean energy projects unless the government can unequivocally guarantee the new minimum price will be enforced.
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EU to Urge Energy Efficiency, Allow Carbon Set-Aside Option
March 7 (Bloomberg) — The European Union will recommend stepping up its energy savings and offer the option of withholding carbon permits to curb a surplus in its emissions- trading system, three people familiar with the matter said.
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EU Carbon Rises to Five-Month High Before Regulatory Decisions
European Union carbon rose to its highest price in almost five months before regulatory decisions scheduled this month affecting the supply of permits. Natural gas advanced to a two year high.
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Carbon dioxide allowances likely to clear auction at price floor
The Regional Greenhouse Gas Initiative will auction carbon dioxide allowances Wednesday that power plants in 10 US northeast and Mid-Atlantic states can use to comply with the region’s greenhouse gas cap-and-trade program in 2011 and 2014.
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S Korea To Embark On Carbon Emissions Trading From January 2015 Report
SEOUL -(Dow Jones)- South Korea will embark on carbon emissions trading starting in January 2015, a local newspaper reported, citing senior government officials.
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Councils face having to buy carbon allowances for streetlights
Energy network companies reluctance to let councils change the way they trade un-metered supplies could lead to authorities being forced to purchase carbon allowances for streetlighting, it has been claimed.
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ICE to Flag Unusable Carbon Credits to Rebuild Confidence
ICE Futures Europe, trying to restore investors trust after online thieves targeted emission permits, will publish a list of credits considered unacceptable for delivery.
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Austria refuses to identify stolen carbon credits
Austrian authorities have refused to publish the serial numbers of nearly 500,000 carbon allowances stolen from its registry in last month’s cyber attack, in a move that has prompted fresh criticism of the European Commission’s handling of the fraud.
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Carbon trading plan losing momentum
President Lee Myung-baks green growth initiative faces a setback as the government is poised to postpone introducing the carbon trading system amid tough opposition from businesses.
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S. Korea caves to pressure to delay carbon emission trading
SEOUL — South Korea will start carbon emission trading between 2013 and 2015 after strong opposition from industry to the government’s initial plan to start in 2013, a presidential secretary said on Monday.
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Updated: Czechs ask EU to stop stolen carbon credits re-entering market
The Czech authorities have identified nearly 1.36 million stolen carbon allowances in the UK, Estonia and Germany and requested the European Commission help prevent them re-entering the carbon market.
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Austria Asks Sweden to Return Carbon Permits Worth $3.9 Million
Sweden is in talks with Austria about giving back European Union carbon allowances that may have been stolen in online attacks that have shaken confidence in an 80 billion-euro ($110 billion) market.
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The great carbon trading scandal
Within a few clicks of a computer mouse, stolen goods worth
Greek police trace EU carbon rights thieves
ATHENS Jan 29 (Reuters) – The theft of pollution permits that forced the closure of the spot market in EU emissions permits last week, may have originated in Romania, a Greek police official said on Saturday.
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Seven charged in carbon trading VAT fraud case
An investigation into a
Carbon Set for Weekly Loss as EU Discusses Security, Offsets
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Great carbon theft may have netted
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EU Carbon Trading Declines After Alleged Hacking Suspends Spot Market
| Sourced From Bloomberg |
Trading in European Union carbon permits fell and the BlueNext SA exchange proposed
German Power Gains to 4-Month High on Rising Coal; Carbon Drops
| Sourced From Businessweek |
Jan. 7 (Bloomberg) — German electricity for delivery in 2012 rose to a four-month high after coal prices soared. European Union carbon permits slid.
European Union Carbon-Dioxide Permits Fall as Crude Oil Drops
| Sourced From Bloomberg |
European Union carbon-dioxide allowances dropped as oil prices declined and volumes shrank.
PG&E, Edison May Get Millions of Free California Carbon Permits
|Sourced From Bloomberg |
PG&E Corp., Edison International and Sempra Energy would get carbon-dioxide permits worth hundreds of millions of dollars under Californias cap-and-trade program, according to a plan being considered by state officials.
U.K. Proposes Carbon Floor, Set Price to Cut Emissions
| Sourced From Bloomberg |
The U.K. government made four proposals to ensure aging power plants are replaced and climate targets met, including setting a floor price on carbon emissions and guaranteeing long-term prices for low-carbon generators.
UN Needs New Body to Spend CO2 Revenue, De Boer Says
| Sourced From Bloomberg |
The United Nations needs a new body to spend revenue from future sales of carbon allowances, ensuring that developing nations build sustainable economies, according to the former climate chief.
