Mar

31

Possible future shortage of EU emissions permits

Filed Under Carbon Market Prices, Carbon Trading, Emissions Permits, European Union | Leave a Comment

This is a must-read:

The European Union’s executive Commission is set to publish this week 2007 carbon emissions data suggesting a future shortage of emissions permits for heavy industry, under-pinning future carbon prices.
The Commission has said that if it has gathered sufficient data it will publish the data at 1200 Brussels time (1000 GMT) on Tuesday.
The carbon market is supposed to work by putting a price on carbon emissions, forcing businesses to trim their contribution to climate change, for example by being more energy efficient.
“The big picture is that the long-term price signal is higher than up till now,” said Deutsche Bank’s Mark Lewis.
Two years ago carbon prices Read more

Mar

31

MCX could start trading CERs

Filed Under Carbon Futures, Carbon Markets & Exchanges, Carbon Trading, Certified Emission Reductions (CERs), Multi Commodity Exchange of India (MCX) | Leave a Comment

Two months after Multi Commodity Exchange of India (MCX) launched futures trading in carbon financial instruments (CFI), it is deliberating launching a trading platform for primary CERs (certified emission reductions).

It is learnt that MCX plans to seek the approval of the Forward Markets Commission (FMC) to commence trading in primary CERs, which is also likely to bring in the requisite liquidity to carbon credit trading in India. Going by the current opening interest position of around 30 lots (about 6,000 tonne of CFIs), there has not been much improvement in liquidity ever since MCX kicked off futures trading in CFIs on January 21.

Sources said this could be because of the nature of the contracts launched, Read more

Mar

30

Carbon Trading and Finance Seminar

Filed Under Seminars | Leave a Comment

Introduction to Carbon Trading and Finance

PGS Energy Training and Global Change Associates present a comprehensive Half Day Classroom Seminar (CPE Approved) on April 1, 2008 in New York City

A comprehensive half day seminar on US carbon markets will be taught by carbon market expert Peter C. Fusaro in New York on April1, 2008 and is offered by PGS Energy Training. California and other West Coast states are entering the carbon constrained world through both AB 32 and the Western Climate Initiative, and the Regional Greenhouse Gas Initiative (RGGI) which begins January 2009. This new financial market will accelerate the rapid deployment of cleantech investment, and requires understanding of how California’s cap and trade market will impact those investment opportunities. Read more

Mar

29

MCeX to launch May 30

Filed Under Carbon Futures, Carbon Markets & Exchanges, Carbon Trading, Montreal Climate Exchange | Leave a Comment

The Montréal Climate Exchange (MCeX), a
joint venture of the Montréal Exchange (MX) (TSX: MXX) and the Chicago Climate
Exchange(R) (CCX), announced today that it plans to launch trading of futures
contracts on Canada carbon dioxide equivalent (CO2e) units on May 30, 2008,
subject to regulatory approval.
“MCeX is moving quickly to launch the first exchange-traded carbon
futures contract in Canada,” said Luc Bertrand, President and CEO of MX and
chair of MCeX. “We are enthusiastic about creating this new derivatives market
and about the launch of trading.”
“The demand for environmental derivatives continues to grow worldwide and
the time is right to build a critical mass of trading activity in Canada,” Read more

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