2011 carbon emissions total 38.2 billion tons; China, US top list

2011 carbon emissions total 38.2 billion tons; China, US top list According to a report from the Nature Climate Change, China and the US remained the two largest carbon dioxide (CO2) emitters in 2011. Over 38 billion tons of CO2 stemming from the combustion of fossil...

California carbon trading at $11.70

California carbon trading at $11.70 In a light week of trading, vintage 2013 California carbon allowances (CCAs) closed at $11.70. Over 40,000 allowances traded over the week after this month’s carbon auction results were released by the Air Resources Board (ARB)....

UN Climate Conference: Obama pursuing emission reductions

UN Climate Conference: Obama pursuing emission reductions With the United Nations Climate Conference underway, all eyes are on the US delegation to see what strides the international leader has taken to address climate change. Although the issue received little...

California’s First Carbon Auction: Examining the Results

California’s First Carbon Auction: Examining the Results On November 14, California held its inaugural carbon allowance auction, publishing a summary report the following Monday, November 19. The auction was conducted smoothly as qualified participants had no problem...

US carbon market cuts emissions by 12 mil tons

US carbon market cuts emissions by 12 mil tons According to a recent report, the Regional Greenhouse Gas Initiative (RGGI), a carbon market composed of several US states, has achieved significant emissions reductions and provided a stimulus to economies as well. For...