US announces $500 million green bond

US announces $500 million green bond The International Finance Corporation (IFC) has released a $500 million green bond targeting US investors for the first time. The money has been raised to finance a range of green projects including those in the renewable energy...

California accepting carbon verifiers, registries

California accepting carbon verifiers, registries The California Air Resources Board (ARB) has released application documents for carbon registries and verifiers planning to engage in the state’s cap-and-trade market. Both registries and verifiers will undergo an...

New US energy bill focuses on renewables

New US energy bill focuses on renewables The Senate introduced a bill in early May outlining a plan to reduce energy emissions to 20% below 2005 levels by 2035 by shifting toward more renewable sources. Energy committee Chair Senator Jeff Bingaman (D- NM), authored...

California public supports carbon market

California public supports carbon market In 2006 California passed Assembly Bill 32 (AB32), more commonly referred to as the state’s climate law that aims to reduce state emissions to 1990 levels by 2020. In order to reach this ambitious target a number of programs...

California carbon trading at $16

California carbon trading at $16 The price for California carbon allowances (CCAs) fell slightly from last week’s high of $16.75 to $16 even. Trading volume on the IntercontinentalExchange also dipped from the previous week’s record setting 450,000 CCAs to a healthy...