Mar
1
US gives new hope to global carbon emissions reduction
Filed Under Cap and Trade, Carbon Dioxide, Carbon Emissions, Greenhouse Gases, United States | Leave a Comment
The New York Times has a front page article discussing the impact the Obama administration is having on the new climate change and cap and trade discussion in the United States. Not only has Obama stirred things up in the US, but he has also gotten the rest of the world excited that finally the US will join them in reducing greenhouse gases and may one day champion a global carbon cap and trade scheme: Read more
Nov
12
Obama plans to move fast on carbon
Filed Under Obama, US Cap and Trade, United States | Leave a Comment
Bloomberg has an article about Obama’s plans to move fast on his climate change initiatives once he takes office in January 2009. This is the most detailed report Ive seen yet on what his initial strategy will be.
Blurb:
President-elect Barack Obama will act quickly on a campaign promise to address climate change upon taking office in January, his environment adviser said. Read more
Apr
26
US Cap and Trade is coming
Filed Under Cap and Trade, Carbon Trading, Emissions Trading, US Cap and Trade, United States | Leave a Comment
Regardless of who wins the US election in November, the next president will be handed a cap and trade bill to sign by congress. It may reshape howw the US does business with other countries however, saving US jobs and forcing other countries to buy US carbon credits. Read more
Mar
26
Green Exchange a success in first week
Filed Under Carbon Derivatives, Carbon Futures, Carbon Markets & Exchanges, Carbon Trading, Emissions Trading, NYMEX, United States | Leave a Comment
The Green Exchange(TM), which initiated trading last week in a range of environmental futures and options contracts, reports strong first-week trading in the initial slate of products, establishing it as a leading global marketplace for environmental trading. Trade volume in The Green Exchange’s carbon contracts alone totaled 1.59 million tonnes, making it the most successful launch of exchange-traded carbon contracts.
At the close of the holiday-shortened week of trading (Monday, March 17 to Thursday, March 20) The Green Exchange reports the following volume:
– European Union carbon allowances futures (EUAs) (all delivery
dates): 280 contracts
– EUA options (all delivery dates): 1,000 contracts
– Certified Emissions Reductions (CERs) (all delivery dates): 310
contracts
– SO2 allowances (all delivery dates): 236 contracts
– NOx allowances (all delivery dates; annual and season contracts):
10 contracts
Read more