Carbon Finance Report

EU ETS A few things to get you through til Monday.  Looks like only EU making the news today: My trillion dollar question – will US learn from EU’s mistakes? | Businessweek: World Watches EU’s Carbon Trading Scheme Despite its failures to date, however, other areas of the world are looking to the ETS as [...]

CARBON FUTURES – Trading in ECX carbon futures contracts based on the U.N.-run Clean Development Mechanism (CDM) offsetting scheme has hit one million tonnes per day. | Kyoto carbon trade hits 1 million tonnes a day CEO Patrick Birley said it was difficult to predict forward volumes but saw no threat for a host of [...]

CARBON MARKET – Carbon market Boom. EU facts and figures. | Investors jolt EU carbon trading levels The value of the European Union carbon emissions trading more than doubled last year to $50bn (€32bn), amid heightened investor appetite and improved market infrastructure. The market grew from $24.4bn at the end of 2006 to $50.1bn, according [...]

JOHN MCCAIN – The [Annotated] McCain Climate Speech For the market to do more, government must do more by opening new paths of invention and ingenuity. And we must do this in a way that gives American businesses new incentives and new rewards to seek, instead of just giving them new taxes to pay and [...]

NEW FUTURES CONTRACT NYMEX to launch RGGI carbon futures contract The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX), today announced that it will introduce a U.S. Regional Greenhouse Gas Initiative (RGGI) carbon allowance futures contract, in the third quarter of 2008, pending regulatory review. The contract will be available [...]