Posts tagged as:

Carbon Price

The effort of Senators John Kerry (D-Mass.), Lindsey Graham (R-S.C.), and Joe Lieberman (I-Conn.) to craft comprehensive clean energy legislation that caps global warming pollution has brought some positive words from Big Oil and their political allies. In particular, the senators are considering a proposal by ConocoPhillips, BP America, and Exxon Mobil to exclude petroleum producers and refiners from a carbon market and instead levy a carbon fee. “Once you have oil people saying, ‘We can live with this, this was our idea,’ then hopefully everybody else begins to look at this thing anew,” Graham told reporters. “That’s the hope.” However, the American Petroleum Institute’s Jack Gerard explained that the “support” from the oil industry for a carbon fee on petroleum will come in the form of “signs at the gas pump letting people know they’re paying more because of U.S. efforts to deal with climate change”:

Continue Reading at Grist

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Posted on March 15, 2010 · in USA

Climate Exchange plc (ECX), the exchange company for trading emissions and environmental products, saw profits grow last year on the back of a big increase in volume of emissions trading.

Continue Reading at GreenWiseBusiness

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Posted on March 14, 2010 · in Europe

* California and Ontario, Canada are powerhouse economies

* Many details still to be sorted out

SAN FRANCISCO, March 11 (Reuters) – As U.S. prospects for a national climate change bill fade, five U.S. states and Canadian provinces are on track to start a cap-and-trade market for carbon dioxide in 2012, say officials who see fading federal momentum boosting regional efforts.

Continue Reading at Reuters

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Posted on March 14, 2010 · in USA

Speaking in Goleta, U.S. Secretary of Energy Steven Chu on March 5 defended the Obama administration’s decision to oppose a long-term nuclear waste storage site in Nevada and urged lawmakers to avoid protectionism in funding renewable energy.

Continue Reading at PacBizTimes

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Posted on March 12, 2010 · in USA

March 4 (Bloomberg) — Regulators overseeing the world’s second-biggest emissions market are “concerned” that low prices for emissions credits are sapping support for carbon trading, a UN board member said.

Continue Reading at BusinessWeek

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Posted on March 11, 2010 · in Global

THE scientist who first convinced the world that climate change was a problem has backed a Greens’ proposal for a carbon tax as the only solution being offered in Canberra.

Continue Reading at SMH

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Posted on March 10, 2010 · in Australasia

THE opposition has been accused of misrepresenting the US climate policy debate by claiming it is moving towards the ”direct action” approach proposed by Tony Abbott.

Continue Reading at TheAge

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Posted on March 9, 2010 · in Australasia

Key senators are weighing a request from Big Oil to levy a carbon fee on the industry rather than wrap it into a sweeping cap-and-trade system that covers most of the U.S. economy.

Continue Reading at NYtimes

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Posted on March 9, 2010 · in USA

Speaking at a nuclear new build conference in London, Kidney said there was a “strong argument” for driving up the price of carbon, with the renewable energy and nuclear industries lobbying hard for changes to the EU’s Emissions Trading Scheme (ETS).

Continue Reading at Nce

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Posted on March 8, 2010 · in UK

 

Hiccups in carbon trading

The Copenhagen conference in December was supposed to be the forum at which big cuts to carbon dioxide emissions were announced, sending the price for the permit to emit one tonne of CO2 into overdrive.

Continue Reading at TheAustralian

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Indonesian-Australian Carbon Trade Cooperation of AUS$ 30 Million

TEMPO Interactive, Jakarta:The Indonesian and Australian governments have agreed on carbon trade cooperation of AUS$ 30 million.

Continue Reading at TempoInteractive

 

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Opinion: How Much Carbon Do Different Forests Store & What Size Offsets Your Driving For a Year?

As any TreeHugger worth his or her epiphytes knows, preserving tropical rainforests is a major part of preventing the worst of climate change–deforestation itself causing nearly as many carbon emissions as the entire transportation sector. But over the past year there have been a number of studies all essentially claiming that one particular type of forest or another stored more carbon than rainforests and why aren’t we trying hard to protect them too? Which is a fair enough question to ask. So let’s quickly sort it out a bit and provide some context:

Continue Reading at TreeHugger

 

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Opinion: Carbon Offsets In A Nutshell By Susan Patel

I received an email last week with the question, ‘Do you recommend any particular carbon offset company?’ Great question and an even better topic to share since March 27 is all about climate change.

If you follow the news, chances are you’ve come across some sort of reference to carbon offsets. Its become all the rage as events like the winter Olympics and New York Fashion Week to people like Al Gore, Dixie Chicks and actors including George Clooney buy offsets in an effort to become “carbon neutral.” Not to mention, businesses around the world are taking a closer at their contributions to climate change, with an increasing number voluntarily reducing their “carbon footprint” too. What about you and your business?

Continue Reading at HotelNewsResource

 

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 Event: Improving Your Carbon Footprint – Technical Workshop

16 March 2010, Chesterfield, UK

Following on from the success of the “Joining Technologies for FRP Composite Materials” workshop in November 2009, NetComposites have teamed up with Ray Khan from Hambleside Danelaw – a self proclaimed “Corporate Eco Warrior” – for this exclusive workshop on how to improve you carbon footprint for composites companies.

Continue Reading at NetComposites

 

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‘Blue carbon’ plan to enlist the oceans to fight climate change

Countries and coastal communities may eventually be paid to preserve their seas to help fight climate change, as a result of an agreement just made in Bali. Over half of all the carbon emitted each year is taken up by the oceans – without this essential, service global warming would be far worse.

Continue Reading at Blogs.Telegraph

 
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Opinion: When It Comes to His Own Energy Usage/Carbon Footprint, Al “Bigfoot” Gore Uses 19x U.S. Average

“It would be an enormous relief if the recent attacks on the science of global warming actually indicated that we do not face an unimaginable calamity requiring large-scale, preventive measures to protect human civilization as we know it.

Continue Reading at Benzinga

 

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Opinion: L.A. Mayor Villaraigosa considers a carbon surcharge for DWP customers

Los Angeles Mayor Antonio Villaraigosa is moving ahead with a plan requiring customers of the Department of Water and Power to pay higher bills to help the utility tap more sources of renewable energy.

 
Continue Reading at Articles.LAtimes

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Australia’s Carbon Mission Targets 10 Asean Projects

KUALA LUMPUR, March 1 (Bernama) — Australia’s Carbon Mission has target 10 carbon projects worth US$100 million in ASEAN within 18 months.

 

Continue Reading at Bernama

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France to renew calls for EU carbon tariff

 
EU ministers are set to give renewed consideration to French calls for a “carbon inclusion mechanism” in an attempt to curb unfair competition from countries like China, which have weaker climate protection laws. But opinion is still divided on the issue of carbon tariffs at the EU’s borders.
Continue Reading at EurActiv
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Press Release: NDRC maps out ways to further develop low-carbon energy

BEIJING, Mar. 1 (Xinhua) – China’s topeconomic planner the Nat ional Development and Reform Commission (NDRC) has mapped out ways to boost low-carbon energy development in the country.

Continue Reading at IstockAnalyst
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Event: Carbon Markets Asia

Tue, 22/06/2010 (All day)
Conducted by: Green Power Conferences
Url: http://www.greenpowerconferences.com/cmasia
 
Contact: Laura Brownie

Scheduled in the weeks following the UNFCCC climate change discussions in Bonn, the 6th Annual Carbon Markets Asia congress will bring together all those working in carbon markets in the region to examine how the industry has changed since Copenhagen and how the market can move forward successfully. Bringing together policy makers, project developers, financiers, DNAs, DOEs, traders and other carbon professionals the congress will be a one stop shop for all your knowledge and networking needs.

Continue Reading at HedgeWeek

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Trade row looms as adviser calls for carbon tax on China

 

Ministers should consider a carbon tax on imports to help struggling British manufacturers, according to one of the government’s key advisers, despite fears such a measure could lead to a global trade war.

 Continue Reading at Guardian

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Opinion: Greenhouse gas carbon pricing could replace cap and trade
1 March 2010– U.S. senators are working on a plan that will combine energy and climate proposals through a price on greenhouse gases (GHG) instead of the cap and trade program.

 Continue Reading at PowergenWorldwide
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Opinion: Carbon quotas: the scheduled end of free allocations

 
The revision of the European carbon quota exchange system, which will take effect in 2013,(1) will see the gradual introduction of an auction system that will revolutionize the existing situation in France.

Continue Reading at InternationalLawOffice

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Posted on March 7, 2010 · in Global

EU carbon trading windfalls under fire from Lord Turner

The carbon trading scheme, which is meant to penalise heavy polluters and reward those who reduce their emissions, currently gives out large numbers of “allowances” to companies for free, which can then be sold for cash on the open market.

 

Continue Reading at Telegraph

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Opinion: Kenya misses out on carbon trading billions

Kenyan companies are missing billions of shillings in new revenue because of lack of expertise to develop projects that help reduce carbon dioxide emissions and therefore earn from the global carbon trading market.

Continue Reading at   BusinessDailyAfrica

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UNFCCC official: Exec Board to announce CDM changes

One of the proposals is to increase the time project developers have to respond to queries on their projects, says John Kilani, director of the sustainable development mechanisms (SDM) programme at the UNFCCC.
Continue Reading at  Risk

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India woos foreign investment with CDM reforms
The Indian government is proposing a set of reforms to Kyoto Protocol standards for Clean Development Mechanism (CDM) projects, which involve scrapping further charges to developers, to push through more CDMs and keep investment flows alive, the Indian government climate change representative and government adviser Prodipto Ghosh announced Tuesday.
Continue Reading at   Risk

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Downsizing deals – Corus to receive GBP 250 million in carbon credits
It is reported that Corus looks set to receive at least GBP 250 million in carbon credits over the next 3 years despite mothballing its Teesside steel plant. The future of these credits for its Redcar steelmaking complex is likely to play a key part in ongoing negotiations between the company and three prospective purchases.

 
Continue Reading at  SteelGuru

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Opinion: Estonia to sell about a billion kroons worth of carbon credits

Estonia may sell about $87 million worth of spare United Nations carbon credits this year assigned to the east European country under the 1997 Kyoto Protocol, double the initial plan, a senior government official said according to Bloomberg.
Continue Reading at BalticBusinessNews

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Wal-Mart takes steps to cut suppliers’ carbon footprint

NEW YORK — Wal-Mart Stores Inc. wants its suppliers to reduce 20 million metric tons of greenhouse gas emissions by the end of 2015.

The world’s largest retailer’s push goes beyond its efforts to date to reduce its own emissions by designing more energy-efficient stores and pursuing alternative fuels for its fleet of trucks.

Continue Reading at   Chronicle

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Carbon scheme critic profits up

Truenergy, an outspoken critic of the emissions trading scheme, enjoyed a hefty rise in earnings last year after record output from one of the country’s most carbon-intensive power stations.

 

Continue Reading at   SMH

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CPRS Carbon Pollution Reduction Scheme could attract fraudsters

Prime Minister Kevin Rudd yesterday pledged he would not “walk away” from his defeated Carbon Pollution Reduction Scheme, but there are concerns any such scheme could provide an avenue for organised crime gangs to defraud a carbon market.
Continue Reading at  CourierMail

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Carbon Conference: Chicago Climate Exchange VP to address Carbon Conference 2010 Participants

INDIANAPOLIS — Galvin Strategies and Carbon Solutions Group have organized the Midwest’s first conference to address the world’s fastest growing market: The Carbon Market. The Carbon Conference 2010: The Economics of Carbon will be held on March 11, 2010 at the Westin Indianapolis, and will host a number of experts in the areas of utility management, environmental management, carbon offsets and emissions trading.
Continue Reading at  Indy

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Press Release: Cemtrex Offers New Carbon Dioxide Monitoring Data Logger

Cemtrex announced today the release of the CDD 300 Carbon Dioxide Data Logger for measuring and analyzing carbon dioxide levels inside a commercial building. This tool allows energy auditors to evaluate some of the major costs directly related to Heating, Ventilation, and Air Conditioning (HVAC) equipment in office buildings, shopping centers, hospitals, restaurants, malls and airports. By utilizing Cemtrex CDD 300 tool, energy auditors can determine how carbon dioxide levels fluctuate throughout a building as an indicator of occupancy patterns. It is then possible for them to determine whether the building is over-ventilating according to ASHRAE 2007 Standard 62.1 and thus a reduction in energy consumption may be possible by applying demand control ventilation.
Continue Reading at  PR-Canada

 

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NZX profits up after carbon registry hit

NZX Ltd, which regulates and operates the stock exchange, posted a weaker full-year profit than it achieved in the first six months of the year, after recognising a drop in the value of the ‘Markit’ shares it got for the sale of its TZ1 carbon registry business.

 Continue Reading at  NZherald

 

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India plans meet to share carbon space equitably

 

NEW DELHI: Taking the lead in working out an equitable system for sharing the limited carbon space, India is planning to hold an internationalconference of experts in June. The goal of the conference will be to outline ways in which equity in burden sharing can be operationalised in a manner that doesn’t hamper the development goals of non-industrialised countries.

Continue Reading at EconomicTimes.IndiaTimes

 

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Press Release: Successful PrintCity Munich Workshop – Carbon Footprint and Energy Efficiency

The PrintCity Alliance completed a successful first Graphic Industry Supply Chain Workshop on the subject Carbon Footprint & Energy Efficiency during February 2010 in Munich.
 
The keynote speaker was Gary Marshall from the UK printing group Polestar, an early adopter of a proactive carbon and energy reduction programme. “We must look at the whole picture and remember that some of our environmental efforts are often still ‘work-in-progress’. Polestar seeks solutions to manage its Carbon Footprint creatively and economically, in tandem with our customers and suppliers. The future needs more joined-up thinking that crosses over the full industry supply chain.”

Continue Reading at  PrintersLounge

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Report: Carbon rules will not spark exodus, says study

 The regulation of carbon dioxide emissions does not drive industries abroad, a new report says.

According to its findings, the European Union’s emissions trading scheme, one of the world’s toughest mechanisms for carbon regulation, would only result in businesses accounting for about 2 per cent of emissions under the scheme moving their production overseas.

Continue Reading at   FT

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Posted on March 6, 2010 · in Global

New cash goes on offer to cut carbon footprint: Firms can get help for energy savings and special training

FUNDING is available for small firms which want to save money and reduce their carbon footprint.
The Business Resource Efficiency Improvement Grants scheme, funded by Yorkshire Forward and the European Regional Development Fund, is supported by CO2Sense Yorkshire – a not-for-profit business development programme.

Continue Reading at    HalifaxCourier
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Opinion: Obama’s Energy Plan: All of the Above — Including a Price on Carbon

President Obama laid out an all-of-the-above energy policy in a speech to national business leaders this afternoon: America need nuclear, solar, energy efficiency, and expanded oil and gas production, he said, and “to truly transition to a clean energy economy, we need to put a price on carbon pollution.”

Continue Reading at SolveClimate

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Opinion: CEO PULSE: Carbon confidence

It seems Australian chief executives have much in common on climate change with the average consumer and the world’s political leaders: most believe it is happening, but are wary of emissions trading, at least the version proposed by the Rudd government. More CEOs prefer the coalition policy to the government’s CPRS.

Continue Reading at BusinessSpectator

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EPA puts brakes on carbon limits

The Obama administration has pushed the EPA to begin regulating gases blamed for warming the planet in an effort to force polluters to support a climate change bill that is stalled in Congress.

Continue Reading at UpstreamOnline

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Data centre industry debates carbon reduction

The UK data centre industry is facing environmental legislation on two separate grounds, with both the Carbon Reduction Commitment (CRC) and Climate Change Agreement (CCA) looking to have a major impact on greening the IT industry in the coming years.

Continue Reading at RackSpace

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Motorists get up to £5,000 towards cost of an ultra-low carbon car

Pioneering motorists will receive up to £5,000 to buy an ultra-low carbon car, and the roll-out of supporting infrastructure will begin in selected regions, the Government announced today.

Continue Reading at FleetDirectory

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Study: AUSTRALIA CARBON NEUTRAL BY 2020?

A study compiled by the advocacy group Beyond Zero Emissions, along with Melbourne University and Australia National University, suggests the country “down under” could go carbon neutral in just ten years.

Continue Reading at EnergyBoom

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Opinion: AI Group to look beyond politics on carbon solutions

The influential Australian Industry Group has resolved to convene an Industry Leaders’ Group to identify the best way forward on climate change policies. CEO Heather Ridout said the step is needed because, “given the fracturing of the domestic consensus on climate change policy and the failure of international negotiations, there is great uncertainty around how to progress this issue and no clear way forward”.

Continue Reading at EnvironmentalManagementNews

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Press Release: Carbon management tops supplier criteria

A Carbon Disclosure Project (CDP) report, produced by A.T. Kearney, shows suppliers are now expected by some of their global customers to demonstrate carbon emissions management, awareness and action, in order to maintain business relationships.

Continue Reading at PRfire

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Report of Event: Working to cut carbon

MORE than 40 businesses involved with the advanced engineering and materials sectors attended the second AEM Innovation Network event held at NAMTEC.

The event looked at the ways that industry can work together to encourage innovation in low carbon vehicle technologies.

Speakers at the event included Tim O’Brien from the TSB (Technology Systems Board), Colin Johnston from Materials KTN and Alan McLelland, AEM Director from NAMTEC. The main theme was to focus on how to access the £19m of Government funding that is available for suppliers into the automotive industry, as part of producing vehicles with lower carbon emissions.

Continue Reading at SheffieldTelegraph

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Opinion: OLG uses green power to reduce carbon footprint

Casino Sault Ste. Marie just got a whole lot greener.

Ontario Lottery and Gaming’s local casino and four others are now powered by 100-per-cent emissions-free or low-impact electricity. OLG’s new retailer, Bullfrog Power, purchases power from wind and hydro operations, while traditional retailers, such as the Public Utilities Commission, purchase from whatever source they can get it cheapest for at the time, primarily nuclear or coal.

Continue Reading at SaultStar

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Carbon price may need to triple for CCS-Aker-INTERVIEW

* Carbon prices have to surge to close to 40 Euros for CCS

* Aker says China pushing ahead, may welcome partners

OSLO, Feb 25 (Reuters) – Carbon prices may have to triple before capturing and storing greenhouse gases from the world’s 20,000 coal-fired power plants becomes a major part of fighting global warming, an expert at Norway’s Aker ASA said.

Continue Reading at ForexYard

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Opinion: Obama: Key to Competitive America is Pricing Carbon Pollution

And he’s right. The market needs a clear signal that energy companies that create carbon pollution are going to have to pay for it, so that investment can be diverted to cleaner sources. We can subsidize clean energy or provide tax breaks for renewables, but that will only get us so far–if you want to see the market work to solve the problem, we’re going to have to level the playing field. Obama said as much in his speech to the Business Roundtable:

Continue Reading at TreeHugger

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Wal-Mart Asks Suppliers to Reduce Carbon Footprint

Wal-Mart Stores, Inc., is putting the onus on its suppliers as part of a goal to cut 20 million metric tons of greenhouse gas emissions from the retailer’s global supply chain over the next five years.

Continue Reading at PorkMag

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Forest Fires Put Carbon Credits At Risk

A forest fire burning near Dunedin is highlighting the risk of natural disasters to carbon which run into millions of dollars, Carbon News reports this morning.

Continue Reading at Scoop

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Posted on March 4, 2010 · in Global

Report: 3 key senators propose jettisoning ‘cap-and-trade’; favor reducing carbon pollution

WASHINGTON (AP) — Three key senators are writing a new climate bill without a broad “cap-and-trade” approach to reducing carbon pollution, leaving behind what has been the central feature in the debate over climate legislation for years, The Washington Post reported Friday night.

Continue Reading at    LAtimes
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Greenhouse gas carbon pricing could replace cap and trade

1 March 2010– U.S. senators are working on a plan that will combine energy and climate proposals through a price on greenhouse gases (GHG) instead of the cap and trade program.

Continue Reading at  PowerGenWorldwide

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UNFCCC Secretariat Announces Additional Meeting Time in April

23 February 2010: The UNFCCC Secretariat has announced that the Bureau of the Conference of the Parties (COP) to the UNFCCC has decided that the next round of formal UN climate change negotiations under the Convention will take place from 9-11 April 2010, in Bonn, Germany.

Continue Reading at  Climate-l
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BB Governor for profitable operation of new CDM-supported projects

Governor of Bangladesh Bank (BB) Dr Atiur Rahman yesterday commended initiative in promoting use of facilities available under Clean Development Mechanism (CDM), window of Kyoto Protocol carbon trading arrangement, for renewable energy and other environment-friendly projects in Bangladesh.

Continue Reading at  Nation.Ittefaq

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Press Release: Carbon Project Presents Geospatial Crowd-Sourcing at ESRI Federal User Conference

BURLINGTON, MA, February 23, 2010 – The Carbon Project today announced it presented its geospatial crowd-sourcing solutions at the ESRI Federal User Conference last week in Washington, D.C.

Continue Reading at  DirectionsMag
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EPA fights back over right to regulate carbon

The EPA has signalled it will resist legislative moves designed to strip it of its authority to regulate carbon emissions, warning that Congress risked undermining both the work of climate scientists and the way US climate policy is perceived.

Continue Reading at  BusinessGreen

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Mirabaud Says ‘Buy’ Cinpart, Classes Stock As Lower Risk Carbon-Reduction Play

London-based stockbroker Mirabaud Securities said that the VoltageMaster product, owned by Cinpart’s (AIM: CINP) 72.2% controlled Active Energy unit, provides corporations with a simple way to display green credentials, and handle the looming carbon reduction commitments. Crucially from an investor’s perspective, the stockbroker believes that Cinpart is cheaper and lower risk than its most immediate competitor V-Phase, which is owned by the Energetix Group (AIM: EGX).

Continue Reading at  ProactiveInvestors

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U.S. Carbon Law Still Possible This Year, Carper Says (Update1)

Feb. 24 (Bloomberg) — Legislation to set up a U.S. cap- and-trade market for carbon dioxide that scientists have linked to climate change may still pass Congress this year, Senator Tom Carper, a Delaware Democrat, said today.

Continue Reading at  BusinessWeek

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‘World’s largest’ carbon ranking scheme launched

A system claiming to be the World’s largest carbon ranking system has been launched.

The Environmental Tracking (ET) Global Carbon Rankings system made its debut in London this week.

Continue Reading at Edie
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Deutsche Bank facilitates Irish Environmental Agency’s carbon allowances sale

London, Deutsche Bank helped the Irish Environmental Protection Agency (EPA) to raise €2.4 million ($3.3 million) this week through the sale of excess European Union carbon allowances.

Continue Reading at WebWire
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UK: Details of low carbon grants announced

From January 2011, motorists will be entitled to a ‘Plug-In Car Grant’ of up to GBP5,000 (car buyers will be entitled to a 25% discount from the list price of the eligible car, up to the value of GBP5,000) when buying an electric, plug-in hybrid or hydrogen fuel cell car that meets safety, reliability, performance and warranty standards set by the Office for Low Emissions Vehicles (OLEV) in consultation with industry.

Continue Reading at  Just-Auto

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Slow recovery deters voluntary carbon investors

* Sporadic trade; buyers choose quality or quantity

* Market not yet on track to robust recovery

LONDON, Feb 24 (Reuters) – The slow recovery of the voluntary carbon market is frustrating investors as trading remains sporadic and buyers focus on either high-quality credits or large volumes of lower-quality ones.

Continue Reading at   UK.Reuters

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Press Release: Research and Markets: Web Conference December 2009: Carbon Footprint Reduction for the Long Haul Encompasses Presentations & Archive

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/8e0cf0/web_conference_ca) has announced the addition of AltaTerra Research’s new webinar “Web Conference: Carbon Footprint Reduction for the Long Haul — Presentations & Archive” to their offering.

Continue Reading at   BusinessWire

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Opinion: Math boffins want partners to sell carbon reduction software

Australian mathematicians have developed software aimed at helping businesses prioritise their carbon reduction projects and are on the hunt for partners.

Continue Reading at ARNnet

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Carbon tax could cost Westmeath residents more than Dubliners

Cllr. Denis Leonard, chairman of the County’s Transport Special Policy Committee, said an ESRI study has found that residents in the commuter belt around Dublin could end up paying €275 per year in carbon taxes, compared to a levy of €25 per head in Dublin.

Continue Reading at WestmeathExaminer

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Posted on March 3, 2010 · in Global

Feb. 22 (Bloomberg) — Carbon dioxide permits in the U.S. Northeast’s cap-and-trade program for power plants fell to their lowest level this year on waning public concern over emissions that scientists blame for global warming.

Continue Reading at BusinessWeek

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Posted on March 2, 2010 · in USA

LONDON, Feb 22 (Reuters) – European carbon prices could test 10-month lows and possibly fall as low as 11 euros a tonne in the next two weeks as European Union member states allocate their 2010 emissions permits to industry, analysts said.

Continue Reading at UK.Reuters

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Posted on March 1, 2010 · in Europe