Carbon Market News & Information |
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18 May 12 EU unlikely to agree on climate funding before 2013
BONN, May 18 (Reuters Point Carbon) - EU countries are unlikely to agree how to divide up their contributions to the U.N.’s Green Climate Fund designed to help raise up to $100 billion per year by 2020 until next year, too late for the 27-nation bloc to bring detailed funding commitments to U.N. climate talks in Qatar in December, a EU’s lead climate negotiator told Reuters Point Carbon Thursday.
( PointCarbon )
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18 May 12 Lack of cash threatens UN climate talks schedule
BONN, May 18 (Reuters Point Carbon) - A lack of funding may mean nations could have less time to discuss the foundations of a new global climate deal and an extension to the Kyoto Protocol in the months ahead of high level discussions in Qatar at the end of 2012, the U.N.’s climate chief told Reuters Point Carbon.
( PointCarbon )
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18 May 12 CER issuance to hit 6.5 mln next week: U.N.
LONDON, May 18 (Reuters Point Carbon) – The U.N. is poised to hand out 6.5 million Certified Emissions Reductions to 63 different clean energy projects next week, data on its website showed on Friday.
( PointCarbon )
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18 May 12 “Difficult” CO2 markets deliver just 1 pct of EBRD’s clean energy investment
LONDON, May 18 (Reuters Point Carbon) - Carbon finance has received a tiny fraction of the 8.8 billion euros ($11.2 billion) the European Bank for Reconstruction and Development (EBRD) has invested in clean energy projects over the past six years, a bank official said Friday.
( PointCarbon )
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18 May 12 Spectre of CO2 market intervention stays hand of short sellers
LONDON, May 18 (Reuters Point Carbon) - The prospect of lawmakers and bureaucrats intervening to prop up ailing CO2 prices has scared short sellers away from a commodity that is drowning in supply, shielding it so far in the past two weeks from widespread risk-off trading that has seen oil, coal and the euro hit fresh lows.
( PointCarbon )
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18 May 12 Carbon Market Europe 18 May
This week´s issue includes European Commission plans to outline structural CO2 market reform options by July and reveals how European companies are rushing to meet carbon caps with credits that will soon be banned from the market. In addition, five former lawmakers set out why imposing carbon taxes and forcing firms to pay more for CO2 permits can help EU governments cut gaping budget deficits.
( PointCarbon )
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17 May 12 U.N. launches “historic” Durban platform talks
BONN, May 17 (Reuters Point Carbon) - The U. N. on Thursday launched a new negotiating track aimed at binding all nations into cutting emissions, but some of the world’s biggest emitters and poorest countries will have to overcome familiar and formidable hurdles if a new pact is to be agreed by 2015.
( PointCarbon )
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