California offsets trading stymied by risks, complexity
Uncertainty, risk and complexity concerning offsets are curbing prices and demand, despite stability and optimism in California's carbon market, according to panellists yesterday at Navigating the American Carbon World in San Francisco.
London-based firm snaps up options broker
A London-based energy brokerage has appointed a new options broker, who will focus mainly on carbon, oil and gas.
California carbon prices in a rut as trading activity wanes
California carbon allowance prices have drifted since the last auction in February amid lacklustre trading, which saw several days of inaction before 1.1 million tonnes traded on Wednesday.
California sees first early-action offset credits approved
California's cap-and-trade programme took a step towards the issuance of the first offset credits, with the announcement on Friday of the first credits from voluntary projects to be accepted as compliance instruments.
Veteran environmental broker launches carbon, REC company
A veteran of a leading environmental markets brokerage has struck out on his own to establish a financial services company focusing on renewable energy credits and US carbon markets.
California auction clears at $13.62, lifts market
California's carbon market was boosted on Friday by auction results that revealed strong demand for allowances.
California prices shrug off offset ruling
California's carbon market has seen robust prices during its first official month of trading, although allowance and offset prices have so far failed to respond to last week's court decision to reject an attempt to invalidate the offset protocols in the state's cap-and-trade programme.
Leading energy broker sets up emissions, biomass desk
A leading oil broker has bucked the trend of consolidation in the emissions markets by setting up an environmental products desk to broker carbon emissions and biomass.
ACR, CAR approved as California offset registries
California regulators have approved the American Carbon Registry and the Climate Action Reserve as offset project registries to evaluate credits to be submitted for compliance with the state's cap-and-trade programme.
Market survey: In for the long haul
It's been another tough year in the carbon markets – but the winners of Carbon Finance's 2012 Annual Rankings, including Standard Bank's Geoff Sinclair, are determined to ride out the trough. Peter Cripps reports