by Lynn Floyd | Feb 20, 2012 | Uncategorized
California ponders $1 billion carbon revenue California is already considering its options on how to spend revenue generated from its carbon market. According to the state’s budget report, carbon allowance auctions will contribute over $1 billion to the state over the...
by Lynn Floyd | Feb 20, 2012 | Uncategorized
Investment firm eyes forest offsets An Australian environmental firm has created a new investment fund geared towards forest carbon offset projects accepted for use in California’s carbon market. Specifically, the firm is interested in Improved Forest Management...
by Lynn Floyd | Feb 13, 2012 | Uncategorized
10,000 carbon allowances trade at $15.75 California continued to see high carbon prices following Pacific Gas & Electric’s entrance into the market last week, when prices jumped as high as $16. This week saw less volume trading on the Intercontinental Exchange...
by Lynn Floyd | Feb 13, 2012 | Uncategorized
US approves nuclear plant construction For the first time in over 30 years, the US has approved designs to construct nuclear power plants. Southern Company, an Atlanta utility firm, will build two new plants at its current nuclear power plant in Georgia. The...
by Lynn Floyd | Feb 6, 2012 | Uncategorized
California carbon trading at $15 Following news that the state’s largest emitter was looking to purchase carbon allowance and offsets, California carbon allowances (CCAs) saw prices rise to $15 per ton. The Intercontinental Exchange saw 130,000 CCAs trade this week...