Carbon Market

First food: business of taste

Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …

Pollution Permits to Gain 28% as EU Cuts Supply Glut

Cooling towers emit vapor into the night sky at a nuclear power plant in Grohnde, Germany. European pollution permit prices are poised to rise as lawmakers work on a proposal to permanently cut a record supply in their system. Carbon allowances will climb 28 percent to 7.50 euros ($10.21) a …

Carbon import tariffs could torpedo global climate deal- EU official

A move by the European Union to impose duties on carbon-intensive imports would scupper the chances of striking a global agreement to tackle climate change next year, the bloc's top climate official said on Thursday. European leaders have agreed to decide by October whether to set a 2030 goal to …

Companies donate half a million carbon credits to World Cup

Donations of U.N.-backed carbon credits to help reduce the carbon footprint of the World Cup in Brazil have surpassed the half million mark, the local government said on Thursday. Brazilian companies or local branches of multinationals so far donated 545,500 certified emissions reductions (CERs) in response to a campaign that, …

EU Carbon Market Needs Deep Changes, Industry Panel’s Buzek Says

The European Union should overhaul its emissions program to ensure it encourages investment in clean energy without recurrent market intervention, according to the chair of the industry committee in the EU Parliament. Jerzy Buzek, who was elected yesterday to head the panel for 2 1/2 years, said the EU emissions-trading …

Emissions trading in the People’s Republic of China: a simulation for the power sector

The People’s Republic of China is experiencing sustained high economic growth, and with it some environmental challenges. Its 12th Five Year Plan (2011-2015) lays out plans to “gradually develop a carbon trading market”. In preparation, five cities and two provinces in China have been directed to develop and implement pilot …

China to launch final CO2 exchange, national scheme uncertain

China launches its seventh and final pilot carbon market in the sprawling city of Chongqing on Thursday, but plans to set up a national trading scheme within three years remain shrouded in uncertainty in the world's top emitter of greenhouse gases. China has pledged that by 2020 it will reduce …

U.N. climate talks fracture over future of carbon markets

The use of carbon markets to curb rising greenhouse gas emissions was dealt a blow on Sunday after two weeks of United Nations talks on designing and reforming the mechanisms ended in deadlock. The negotiations, held as part of U.N. climate negotiations in Bonn, Germany, made scant progress as envoys …

EU May Decide on Carbon Reform by Mid-2015, Delbeke Says

European Union policy makers may reach a decision in the first half of next year on a proposal to introduce automatic supply controls in the world’s biggest emissions market, according to a senior EU official. EU governments and the European Parliament are unlikely to finish work on the reform proposed …

China becomes world No 2 carbon trader

China is the world's second largest carbon trading market following the European Union (EU), according to data released on Tuesday. Xie Zhenhua, deputy head of the National Development and Reform Commission, said Chinese enterprises traded over 3.85 million tonnes of carbon emission quotas as of May 23. These quotas were …

Chinese official plays down emission cut expectations

Any near-term regulation of China's greenhouse gas emissions would likely allow for future emissions growth, a senior government official said on Monday, discounting any suggestion of imminent carbon cuts by the biggest-emitting nation. Sun CuihuaSun Cuihua, deputy director of the climate change office at the National Development and Reform Commission, …

China’s New CO2 Offset Market Set for Conversion of UN Projects

United Nations carbon regulators will consider new rules next month to make it easier for China to switch emission-reduction projects from the Clean Development Mechanism to a new domestic offset program. China’s National Development and Reform Commission, the chief regulator, has so far approved 16 projects designed to cut annual …

Beyond carbon pricing: the role of banking and monetary policy in financing the transition to a low-carbon economy

It is widely acknowledged that introducing a price on carbon represents a crucial precondition for filling the current gap in low-carbon investment. However, as this paper argues, carbon pricing in itself may not be sufficient. This is due to the existence of market failures in the process of creation and …

The German coal conundrum: the status of coal power in Germany’s energy transition

Germany has drawn international attention for its energy policies in recent years. The term Energiewende – the country’s transition away from nuclear power to renewables with lower energy consumption – is now commonly used in English. The focus, however, has recently shifted to the role of coal in Germany. Over …

Biochar systems for smallholders in Developing Countries

Biochar is the carbon-rich organic matter that remains after heating biomass under minimization of oxygen during a process called pyrolysis. Biochar is relevant to deforestation, agricultural resilience, and energy production, particularly in developing countries. Biochar Systems for Smallholders in Developing Countries: Leveraging Current Knowledge and Exploring Future Potential for Climate-Smart …

CO2 market hurt by Australian, Russian policy, World Bank says

Efforts to put a value on greenhouse- gas emissions to contain global warming are being hurt as countries from Australia to Russia and Japan pull back from carbon-reduction commitments, according to the World Bank. "While some nations are taking concrete steps forward on carbon pricing, recent developments in others are …

State and trends of carbon pricing 2014

The share of greenhouse gas emissions covered by domestic carbon pricing initiatives increased significantly over the past year, led by the launch of six carbon markets in China. Today, 39 national and 23 sub-national jurisdictions – responsible for almost a quarter of the global greenhouse gas emissions – have implemented …

Sharing the stage: state of the voluntary carbon markets 2014 – executive summary

Forest Trends’ Ecosystem Marketplace released the executive summary of the State of the Voluntary Carbon Markets 2014 report, now in its eighth year of publication. In a bid to reduce their impact on greenhouse gas emissions, corporate leaders like Chevrolet, Marks & Spencer, and Allianz continued to voluntarily purchase carbon …

EU Carbon Permits Fall Most in Three Weeks on Expanded Surplus

European Union carbon permits fell the most in almost three weeks in London after the market regulator said yesterday a surplus of the emission allowances expanded last year. Permits for December dropped 6.8 percent, the most since April 25, to 4.81 euros ($6.60) a metric ton at 4:40 p.m. in …

Landfills pressure Australia government to allow U.N. carbon credits: paper

Australian landfills, set to make total windfall profits of up to A$200 million ($187 million), if the country's carbon tax is repealed have proposed using some of the revenue to buy millions of U.N.-issued carbon credits, the Sydney Morning Herald reported Monday. Landfills have for the past two years been …

EU Proposes Shield for 175 Industries in Carbon Market

The European Union’s regulator proposed expanding the list of industries in its emissions market that should be protected from relocating to regions without greenhouse-gas curbs. The reviewed measure, which would cover a total of 175 industries from 2015 to 2019, includes sectors such as production of dietetic food. The European …

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