The national registries for EU carbon trading permits remain closed 12 days after thefts by hackers forced their closure by the European Commission. Some may be allowed reopen this week, EU Climate Commissioner Connie Hedegaard said on Friday, but those identified as not up to scratch on security may stay closed for some time. The Czech registry may be closed for six weeks, Bloomberg reported.
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Frankfurt – German tax officials raided some 230 business premises across the country on Wednesday, on suspicion of tax evasion related to the trading of emissions permits, the state prosecutor said.
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* Phishing action was international, CO2 trading unaffected * Six German companies had permits stolen * EU Commission uninvolved, investigations at state level
FRANKFURT/BERLIN, Feb 3 (Reuters) – Online fraudsters have targeted international carbon markets to steal emissions permits from companies and sell them illegally, officials said on Wednesday. Account holders at emissions registries were hit by a “phishing” scam last week when emails were sent to market participants requesting their details, an official at German registry DEHSt said on Wednesday, clarifying a media report. “It was not a hacker attack but a phishing action at firms participating in emissions trading,” said Hans-Juergen Nantke, the head of DEHSt.
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Update | 12/11/09, 9:43 a.m.
| Sourced From Blogs.wsj.com |
More fun and games as the Senate grapples with the climate bill. The latest twist: Senators from coal-dependent states are pushing hard to ease the pain for power companies that rely on coal.
| Sourced From Theage.com.au |
Can the Rudd Government be trusted with our money? Is it the big-spending, high-taxing Government the Opposition claims? Is this Labor doing what it always does: spending too freely and racking up big deficits and debt?
| Sourced From Guide2.co.nz |
Gisborne, Aug 5 NZPA – Forest owner Ernslaw One Ltd is selling the carbon credits from 7941ha of forests on the East Coast, to offset pollution generated in Europe.
| Sourced From Bloomberg.com |
June 12 (Bloomberg) — Peat bogs in Germany, New Zealand firs and North American forests will likely allow industrialized countries to lower carbon emissions while still burning coal and oil, according to a draft United Nations document.
Negotiators at climate-change talks in Bonn are proposing that carbon stored and absorbed by forests, soil and peat bogs in richer nations be included as part of national targets for cutting CO2, a document obtained by Bloomberg News showed. American Electric Power Co. and Germanys RWE AG are among the utilities that may benefit by paying less for emissions permits.
| Sourced From Bloomberg.com |
June 11 (Bloomberg) — Australian companies have done little to preempt any negative impact emissions trading could have on future earnings, risking downgrades from credit rating agencies, according to PricewaterhouseCoopers LLP.
PwC found that more than a third, or 35 percent, of the businesses it surveyed havent factored in a proposed emissions trading system. Almost a quarter of companies have done nothing at all to prepare for the carbon plan, PwC said.
| Sourced From Online.wsj.com |
Texas elected officials Tuesday railed against federal efforts to curb global warming, claiming it would throttle the state’s economy — one of the few that generated job growth last year.
State comptroller Susan Combs said that if passed, a landmark climate change bill winding its way through Congress could cost the state 164,000 jobs and shave some $25 billion per year, or 2%, off the state’s total economic output.
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