News

• CCFE lists US voluntary carbon credits

  01 March 2009

  The Chicago Climate Futures Exchange (CCFE) has listed futures contracts for carbon offsets registered under the US Climate Action Reserve, the California Climate Action Registry's offset programme.

• Carbon market slump prompts intervention calls

  01 March 2009

  The crash in the EU carbon market has sparked a debate on whether governments should intervene to support prices, amid forecasts that the global carbon market will shrink in value this year.

• Newcombe's C-Quest plans carbon fund

  01 March 2009

  C-Quest Capital, the Washington, DC-based firm headed by carbon market veteran Ken Newcombe, is to begin marketing a managed carbon fund with the ambition of raising "several hundred millions of dollars".

• Man to liquidate CDM fund

  01 March 2009

  MTM Capital Partners, a subsidiary of the Man Group, has decided to liquidate its €400 million China Methane Recovery Fund.

• More than $20bn on the table for carbon capture and storage

  01 March 2009

  Governments worldwide have set aside more than $20 billion for carbon capture and storage (CCS) demonstration plants, according to a report from consultancy Emerging Energy Research (EER). This includes $11.6 billion in funding promised by the EU and $3.5 billion earmarked in President Barack Obama's stimulus package.

• UK opposition considers biodiversity trading

  01 March 2009

  The UK's Conservative opposition party could introduce a biodiversity trading or banking scheme if elected, in a bid to halt the decline in biodiversity.

• Accor under fire for links with controversial logging firm

  26 February 2009

  An NGO is calling for French hotel group Accor to end its involvement in a Malaysian hotel project owned by controversial logging firm Interhill.

• VCs launch renewables, clean-tech group

  26 February 2009

  The British Private Equity and Venture Capital Association (BVCA) has set up an energy, environment and technology group to help promote the role of private equity (PE) and venture capital (VC) in renewable energy and clean technology.

• Climate change raises spectre of insurance market failure

  26 February 2009

  Climate change increases the possibility of the failure of insurance markets, according to a Chartered Insurance Institute report, which cites the need for better measures of market robustness.

• UK government steps into carbon neutrality minefield

  26 February 2009

  The UK has proposed a definition of "carbon neutrality" in an effort to help standardise the term and reduce consumer confusion around its use. But experts warn that too strict a definition could hinder more than help.