About Carbon Trading

Top EU court upholds carbon airline law

2011-12-21T11:30:18Z

LUXEMBOURG/BRUSSELS (Reuters) - Europe's highest court gave unreserved backing on Wednesday to an EU law to charge airlines for carbon emissions on flights to and from Europe, a decision likely to escalate tension w...

Top EU court says carbon airline law valid

2011-12-21T06:00:33Z

LUXEMBOURG/BRUSSELS (Reuters) - Europe's highest court gave unreserved backing on Wednesday to an EU law that charges airlines for carbon emissions on flights to and from Europe, a decision likely to escalate tensio...

EU parliament set to call for carbon market

2011-12-18T07:30:12Z

BRUSSELS (Reuters) - European politicians are expected on Tuesday to vote through an amendment that could pave the way for direct intervention in the EU carbon market, which has sunk to record lows.

Businesses and environmentalists have heaped pressure on the BRUSSELS (Reuters) - European politicians are expected on Tuesday to vote through an amendment that could pave the way for the first direct intervention in the carbon market, which has sunk to record lows.

Businesses and environmentalists have heaped pressure on the Europea...

Quebec to start emission caps as Canada exits pact

2011-12-15T17:30:43Z

The province of Quebec announced Thursday the launch of a carbon emissions cap-and-trade system in 2012, days after Canada became the only country to ratify and then withdraw from the Kyoto Protocol.

Starting in January, emitters in Quebec will be able to buy and sell greenhouse gas emission allowances on a local market during an initia...

New Mexico City buses cut pollution, generate cash

2011-12-15T08:30:21Z

MEXICO CITY (Reuters) - Mexico City's sleek new public bus system is attracting significant international funding in carbon credit sales, part of the capital's ongoing effort to reduce pollution and green up its smoggy image.

The government of this sprawling metropolis of 9 million recently announced that the first phase of its rapid transit Metrobus ...

EU, U.N. carbon prices tumble to new record lows

2011-12-14T06:30:21Z

LONDON (Reuters) - European Union and U.N.-backed carbon prices plunged to new record lows on Wednesday, beset by worries about Europe's economic turmoil and uncertainty about a future global climate pact.

Carbon pric...

EU, U.N.-backed carbon prices hit new record lows

2011-12-14T04:30:16Z

LONDON (Reuters) - Benchmark U.N-backed carbon credits and European Union carbon permits plunged to new record lows on Wednesday, extending this week's sharp drop as worries about Europe's economic turmoil continued to erode demand.

Front-year Reuters) - Carbon markets are still on life support after a U.N. climate deal agreed in South Africa on Sunday put off some big decisions until next year and failed to deliver any hope for a needed boost in carbon permit demand.

A package of ac...

EU court to rule on airline CO2 cap on December 21

2011-12-06T10:00:18Z

DURBAN, South Africa (Reuters) - The European Union's highest court is expected to give its final ruling on December 21 on a European law that would force all airlines to pay for their carbon emissions, an EU source said on Tuesday.

The ruling was previously expect...

Can carbon for the price of a pizza save the planet?

2011-11-28T01:00:04Z

LONDON (Reuters) - Climate negotiators meeting in South Africa this week face fresh worries over saving the planet from global warming now that a ton of carbon trades at the price of a pizza.

A European steel plant producing a ton of steel pays as little as $12 for the resulting carbon emissions, spelling trouble for ...

EU sticks to airline carbon rules despite UN opposition

2011-11-07T10:02:14Z

The European Union refused Thursday to drop plans to charge all airlines for carbon emissions when flying to and from Europe despite opposition from the UN's civil aviation body.

The International Civil Avi...

Japan backs more studies on alternative CO2 offsets

2011-10-20T04:00:08Z

TOKYO (Reuters) - Japan has awarded subsidies to 14 groups of domestic companies in its second and last round of recruitment for feasibility studies of emission-cutting measures abroad, part of its efforts to develop an alternative to the U.N....

EU Commission moves to combat carbon fraud

2011-10-20T03:30:07Z

BRUSSELS (Reuters) - European Union carbon allowances -- the bloc's main tool to combat climate change -- face regulation alongside other financial instruments under proposed laws published on Thursday as the Commission seeks to bolster a market shaken by fraud and oversupply.

Australia adds opt-in rule for polluters in CO2 scheme

2011-09-14T01:00:07Z

SINGAPORE (Reuters) - Big fuel users such as airlines, miners and rail transport firms may opt-in to Australia's carbon pricing scheme to help manage their carbon costs, the government said on Wednesday.

The rule change, included in a suite of carbon pricing laws introduced into the lower house of parliament on Tuesday, was made at the reques...

Special Report: How Indonesia hurt its climate change project

2011-09-13T12:30:24Z

SINGAPORE (Reuters) - In July 2010, U.S. investor Todd Lemons and Russian energy giant Gazprom believed they were just weeks from winning final approval for a landmark forest preservation project in Indonesia.

A year later, the project is close to collapse, a casu...

Romanian official quits after carbon market suspension

2011-08-29T15:30:41Z

The head of Romania's environment protection agency quit Monday after the Balkan country was blocked from selling carbon credits over concerns about irregularities, the government said.

Iosif Nagy, named to the job in 2010, told Agerpres news agency he was paying for his predecessors' errors.

The committee monitoring Kyoto...

Australia Senate passes forest, farm offsets scheme

2011-08-22T02:30:08Z

CANBERRA (Reuters) - Australia's parliament on Monday endorsed the world's first national scheme that regulates the creation and trade of carbon credits from farming and forestry to complement government plans to put a price on carbon emissions from mid-2012.

The laws, the first maj...

Special Report: How Indonesia crippled its own climate change

2011-08-16T00:00:11Z

A year later, the project is close to collapse, a casu...

SPECIAL REPORT-How Indonesia crippled its own climate change

2011-08-15T20:30:31Z

A year later, the project is close to collapse, a casu...

CO2 caps not enough to save China CDM: Point Carbon

2011-08-09T08:00:23Z

LONDON (Thomson Reuters Point Carbon) - A Chinese plan to set absolute caps on industrial CO2 emissions is unlikely to persuade the EU to continue paying for project-based emission reductions under the U.N.'s clean development mechani...

Carbon offsets near record low, worst performing commodity

2011-08-05T08:30:11Z

LONDON (Reuters) - Carbon offsets neared all-time lows Friday, confirming their status as the world's worst performing commodity, as slumping demand meets rising supply of the U.N. instrument traded under the Kyoto Protocol

California offset frustration continues

2011-07-27T10:00:15Z

SAN FRANCISCO, July 27 (Thomson Reuters Point Carbon) - Carbon market participants on Tuesday said revisions to key rules may not be enough to ensure that trading in secondary offset markets in California is liquid and stable.

At issue is the question of who shoul...

China plans carbon-trading pilot scheme

2011-07-18T07:30:28Z

China will introduce a pilot scheme for carbon emissions trading and gradually develop a national market as the world's largest polluter seeks to reduce emissions and save energy, state media said.

China will promote the market's development through "punitive" electricity tariffs on power-intensive industries and other new policies, Xie Zhenhua, a top climate official, was q...

U.N. CO2 panel to review, not halt, coal plant support

2011-07-15T10:02:03Z

LONDON (Reuters) - A U.N. panel that oversees a $1.5 billion trade in carbon offsets has rejected advice to suspend support for new coal plants, proposing a review instead, its chairman Martin Hession said on Friday.

The panel, called the executive board, manages a trade in carbon offsets where rich countries pay for de...

Australia unveils biggest carbon-reduction scheme

2011-07-09T20:30:05Z

CANBERRA (Reuters) - Australia unveiled plans on Sunday to slap a carbon tax of A$23 a tonne on its 500 worst polluters from 2012, sweetened by tax cuts for voters fearing higher power bills, and paved the way to adopt the largest emissions-trading scheme outside International Society of Camelid Research and Development (ISOCARD) charged, saying camels were being made culprits for a man-made problem.

Australia to unveil carbon price scheme this week

2011-07-03T17:30:31Z

CANBERRA (Reuters) - An Australian carbon price scheme putting a tax on emissions and outlining a transition to emissions trading around 2015 will be unveiled later this week, the deputy leader of the influential Greens Party said on Monday.

Christine Milne also backed r...

California gets carbon market court win

2011-06-25T18:30:05Z

SAN FRANCISCO (Reuters) - A California appellate court has ruled that state regulators can proceed with plans to implement a carbon cap-and-trade system, a decision that puts them on track to launch the market as scheduled in January 2012.

The ruling by the California First District ...

Obama Commerce nominee tries to reassure Republicans

2011-06-21T15:00:12Z

WASHINGTON (Reuters) - Former energy company executive John Bryson on Tuesday sought to persuade Republicans he would be a strong voice for business in President Barack Obama's administration if confirmed as Commerce Secretary.

"The reason that President Oba...

California set to overcome CO2 market lawsuit: Point Carbon

2011-06-16T05:30:13Z

SAN FRANCISCO (Thomson Reuters Point Carbon) - Lawyers following the twists and turns of a legal challenge to California's planned carbon market said it looks increasingly likely the state will win.

Several California-based attorneys told Point Carbon News on Wedn...

Debt-hit Greece sees profit in air pollution: report

2011-06-12T15:30:19Z

Greece could earn up to 170 million euros for its cash-strapped treasury from a trade of greenhouse-gas emission allowances on the Athens stock exchange, a report said Sunday.

Eleftherotypia daily said a first-ever auction of one million emission allowances (EUAs) will be held on Wednesday, ironically as many Greek factories will be shut by a general strike against the governme...

EU insists on right to curb airline CO2 emissions

2011-06-06T08:30:19Z

BRUSSELS (Reuters) - The European Union has a right to impose legislation to cut emissions from aviation and showing weakness would encourage further challenges to EU policies, the EU's climate chief told airlines Monday.

Global airlines have attacked the European Union at their annual...

Belgium Climate Change Protest

2010-11-29T11:37:05Z

Climate change activists stand in front of a banner as they occupy the offices of the International Emissions Trading Association in Brussels on Monday, Nov. 29, 2010. The activists occupied the office and hung banners in hopes of drawing attention to the role that they believe carbon trading lobbyists are playing in the SAN FRANCISCO - SEPTEMBER 29: A traveler walks by a sign for the new Climate Passport carbon offset kiosk September 29, 2009 at San Francisco International Airport in San Francisco, California. San Francisco International Airport became the first airport in the country to offer self-ser...

Carbon offsets

2010-04-15T06:42:39Z

Jack Stickney, an Estill County land owner, pictured among some of his trees he manages in Irvine, Ky., on Tuesday, March 24, 2009. MACED, the Mountain Association for Community Economic Development...

UK News - April 01, 2009

2010-04-16T16:14:13Z

European climate exchange protest protest at Bishopsgate

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