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Global Carbon News

Markets

The Future Of Carbon Markets

Carbon markets are under attack on all sides, despite ongoing faith in their ability to deliver meaningful reductions in greenhouse gases (GHGs). [Read more...]

Research calls for a major shake-up of carbon markets

A panel of experts will meet ahead of the Durban climate summit to discuss a new report from the University of East Anglia and University of Sussex which calls for an overhaul of how markets in carbon emissions are governed. [Read more...]

Warning of threat to UN carbon market

China and Brazil have warned that one of the world’s biggest carbon markets will be under threat if wealthy countries reject their demands for a new phase of the Kyoto protocol. [Read more...]

Emissions Trading

Carbon trading schemes around the world

Companies and governments around the world are turning to emissions trading as a weapon to fight climate change and join a global carbon market worth $142 billion last year. [Read more...]

At least you don’t work in carbon trading

It’s no longer possible to save the world whilst being paid in the style of a financial services professional.- Not unless you’re prepared to live with a degree of job insecurity that offsets the [Read more...]

Trading Emissions culls dividend as carbon prices drop

Trading Emissions culls dividend as carbon prices drop

British clean-energy projects developer Trading Emissions said on Monday it will scrap its dividend given the continued drop in carbon prices, which had also forced it to abandon sale talks earlier [Read more...]

Finance

China to invest 2 trillion yuan in low-carbon economy

China to invest 2 trillion yuan in low-carbon economy
China will invest 2 trillion yuan (about $313 billion) to promote a green, low-carbon economy in the next five years, a senior economic planning [Read more...]

Carbon tax to cost $1 trillion: committee

Carbon tax to cost $1 trillion: committee
The federal government’s carbon tax will cost every Australian $40,000 in the period to 2050 and a cost-benefit analysis should be conducted [Read more...]

BP funds carbon offset scheme for London 2012 Olympics

BP funds carbon offset scheme for London 2012 Olympics
About 10.8million people will be attending the Olympics and Paralympics, travelling to London from all over the world.That will release several [Read more...]

Reliance Power’s Tilaiya project gets approval for carbon credits; to earn Rs 2000 crore over 10 years

Reliance Power’s Tilaiya project gets approval for carbon credits; to earn Rs 2000 crore over 10 years
Reliance Power, part of the Anil Ambani-led Reliance Group, Monday said its 3,960 MW Tilaiya ultra mega power project in Jharkhand has got approval [Read more...]

Billionaires to be given free carbon allowances to offset green tax on private jets

Billionaires to be given free carbon allowances to offset green tax on private jets
Corporate jets used by billionaires the Duke of Westminster and Lord Ashcroft are among the aircraft to be allocated free “carbon [Read more...]

Research

Research calls for a major shake-up of carbon markets

A panel of experts will meet ahead of the Durban climate summit to discuss a new report from the University of East Anglia and University of Sussex which calls for an overhaul of how markets in carbon emissions are governed. [Read more...]

Technology

Virgin Atlantic Announces Pact To Develop Low-Carbon Jet Fuel

Virgin Atlantic Announces Pact To Develop Low-Carbon Jet Fuel

Virgin Atlantic said Tuesday it partnered New Zealand-based energy company LanzaTech to develop a low-carbon jet fuel in India for use in its passenger planes. [Read more...]

Policies/Regulation

China Says UN Carbon Credits Should End If Kyoto Targets Lapse

China Says UN Carbon Credits Should End If Kyoto Targets Lapse

China and the European Union are at odds over the future of the United Nations carbon market and the Kyoto Protocol, a rift that threatens agreement at next month’s ministerial climate-change conference in South Africa. [Read more...]

Americas

Blow to U.S. airlines in EU emissions fight

Blow to U.S. airlines in EU emissions fight

Foreign airlines can be required to pay for their carbon pollution in the European Union, an adviser to the bloc’s top court has found, dealing a [Read more...]

Asia-Pacific

India faces climate change, hunger risks: Report

India faces climate change, hunger risks: Report

India has been placed seventh in the list of 21 developing countries for its vulnerability in being able to feed its people and grow food, according [Read more...]

Europe

Green Europe Imperiled as Crisis Triggers Carbon Collapse

Green Europe Imperiled as Crisis Triggers Carbon Collapse

The European sovereign debt crisis that’s spread from Greece to Italy and is roiling the region’s banks now has another potential victim: energy [Read more...]

MEA

Climate Finance and Carbon Markets Africa 2012

Climate Finance and Carbon Markets Africa 2012

Climate Finance & Carbon Markets Africa brings together representation from across the value chain for two days of intensive discussion, [Read more...]