Aug. 22, 2011 California allowances bid at $15.75

Aug. 22, 2011 California allowances bid at $15.75 California carbon allowances (CCAs) were bid/offered at $15.75 and $17.25 respectively this week. The rise in price is likely attributed to the launch of Green Exchange (GreenX) which has provided further confidence in...

Aug. 19, 2011 US emissions rise 3.9 percent in 2010

Aug. 19, 2011 US emissions rise 3.9 percent in 2010 According to the US Energy Information Administration (EIA), US carbon dioxide (CO2) emissions in 2010 totaled 5.64 billion tons, a 3.9 percent increase from 2009. Domestic emissions have been largely tied to the...

Aug. 18 GreenX launching California futures contracts

Aug. 18 GreenX launching California futures contracts Green Exchange (GreenX) has announced that it will launch California carbon allowance (CCA) futures contracts at the end of the month in response to increased market demand. Contracts will be sold in blocks of...

Aug. 17, 2011 Chevron speaks about California market

Aug. 17, 2011 Chevron speaks about California market Chevron, one of the largest oil utilities in the world, recently voiced its opposition to the California Air Resources Board’s (ARB) draft market rules for the state’s future economy-wide cap-and-trade carbon...

Aug 12, 2011 California finalizing market design

Aug 12, 2011 California finalizing market design With market regulations scheduled to be finalized next month the California Air Resources Board (ARB) continues to hear arguments over how they plan to deal with invalidated offsets. In the current ARB design the offset...