Robin Hood?

Rich and poor call on China to stump up climate cash

One of the world’s richest nations and one of its poorest joined forces on Thursday to call on countries such as Brazil and China to contribute to a $100 billion climate fund to help poor countries combat climate change.

Australian Senate to vote on carbon law

Australian Senate to vote on carbon scheme Nov. 8

The final Senate vote on Australia’s Clean Energy bill which will introduce a tax on carbon emissions next year and an emissions trading scheme in 2015 will be held next Tuesday, the government announced.

What do Richard Branson, Carbon Reductions, and Shipping All Have in Common?

Going Green

Global Warming: Why Branson Wants to Step In

Time Magazine Article on Richard Branson and Carbon Emissions

By Bryan Walsh Thursday, Dec. 31, 2009

Shipping is "low hanging fruit" for carbon reductions on the order of one gigatonne or more.

Link to Shipping Efficiency Website

California Doubles Carbon Offset Use

California Doubles Carbon-Offset Use in Cap-and-Trade Plan to Meet Targets 

California environmental regulators plan to let power plants, oil refineries and factories use more carbon offsets to meet pollution targets in the state’s cap-and- trade program for greenhouse gases.

California Doubles Carbon Offset Use

Deutsche Bank Books 310M Euro loss for VAT Fraud in Carbon Trade

Carbon Market Europe 28 October

U.S lawmakers pass bill to defend airlines from EU carbon caps, while Deutsche Bank has booked a 310-million euro charge for losses related to lending to those connected with VAT fraud in carbon trade.

EUA's fall

EUAs fall 3% as Greek vote move rattles markets

European carbon followed the rest of the financial markets lower on Tuesday, dropping to an eight-day low below 10 euros after Greece’s prime minister unexpectedly called a referendum on the latest euro zone bailout deal, a move which some believe could worsen the bloc’s debt crisis.

Germany will increase its 2012 permit sales by up to 13%

Germany ups EEX carbon auction volumes for 2012

Germany will raise its weekly EU carbon auction quota next year, putting Europe's top emitter on track to increase its 2012 permit sales by up to 13 percent year-on-year, auction hosts EEX said on Tuesday.

Closing OTC EUA and sCER Price Assessments

OTC price assessments

 

		Close	+/-
EUA	Dec 2011	9.87	-0.30
sCER	Dec 2011	6.68	-0.19

01 Nov 2011 17:54:06 CET

EUA last 30 days

Ukraine Readying CO2 Market

Ukraine gets cash to ready CO2 market

Ukraine has been awarded $350,000 to help plan and launch a national carbon market as part of a scheme funded by the world's richest countries, a World Bank official said Tuesday.

Emissions Trading versus Carbon Taxes and Direct Action

Explained: Carbon taxes, emissions trading and direct action

There are three key approaches governments around the world are taking in a bid to lower carbon emissions: carbon taxes; emissions-trading schemes (ETS); and direct action. Click on the link below to read the article.

The differences between ETS and Carbon Taxes