Jan. 19, 2011 Report encourages open carbon market

Jan. 19, 2011Report encourages open carbon market The Commodity Futures Trading Commission (CFTC) unveiled a report on the future of carbon markets in the US. The report supported open market participation to encourage pricing and project development. There remain...

Jan. 19, 2011 EPA proceeding with GHG regulation

Jan. 19, 2011 EPA proceeding with GHG regulation The Environmental Protection Agency (EPA) began to implement regulations on greenhouse gases (GHGs) this month under the federal Clean Air Act. However, the new rules are facing opposition from many coal state...

Jan. 18, 2011 US and Chinese firms share clean tech

Jan. 18, 2011US and Chinese firms share clean tech In advance of Chinese President Hu Jintao trip to WashingtonDC, firms in the US and China have made a deal on clean energy through the transfer of technologies. Several large US companies have announced joint ventures...

Jan. 14, 2011 California ETS impact

Jan. 14, 2011 California ETS impact California’s statewide cap-and-trade scheme set to begin in 2012 could hurt the credit of certain oil refiners, according to Standard and Poors. Although in the first year, the majority of carbon credits will be given away, the...

Jan. 14, 2011 California offsets record high

Jan. 14, 2011 California offsets record high Californian carbon allowances (CCAs), credits approved for use under the state’s cap-and-trade law set to begin in 2012, were bid/offered at $13.50 and $14.75 respectively. Traders note that every day new compliance firms...