CARBONPOSITIVE NEWS June 2008

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News

Carbon finance, emissions trading & offsets

Kyoto & climate politics


Global warming science & technology


Energy & biofuels


Features & Commentary


Forestry VERs: Higher prices despite brake on projects Carbon Positive

Kyoto costs lives Bjorn Lomberg


Reports & Analysis

Forestry carbon standards differ markedly University of Canterbury

‘Cap & share’ to tackle peak oil and climate Feasta

 

Carbon market snapshot
June, Week 1

INSTRUMENT
PRICE
MTH CHG

EUAs Dec08 Phase II

€27.54
+2.63
EUAs Dec09 Phase II
€28.17
+2.62
CERs Dec08 EU secondary
€20.30
+3.65
CERs Dec08 US secondary
$32.05
+6.55
CERs primary
€8-14
-
VERs US voluntary
$5.65
-0.70
=euros $=US dollars
Sources: Reuters Interactive, ECX, CCX, Nord Pool

CER market report
CER prices rise as carbon markets jump

Alternate language versions:
China Chinese

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Portugal Português(Br) 

   

FactFind
The value of carbon emissions instruments traded globally reached $64 billion in 2007, compared with $31 billion in 2006, according to the World Bank. The volume of emission credits traded was 2,983 million tonnes of CO2 equivalent, up from 1,745mt in 2006.
More facts and stats

   

Carbon finance, emissions trading & offsets

EU CARBON PRICE GRAPH
ECX closing prices 6/6/08 (€=euros):
Dec 08 : €27.54
Dec 09 : €28.17
Dec 12 : €30.65

Dec 14 : €32.10

EUA market report
EU carbon prices hit two-year high

 

China eyes domestic emissions trading scheme Reuters

World Bank prices first UN carbon offset bond Reuters

IEA: $45 trillion needed to combat warming Associated Press

Kyoto's great carbon offset swindle Patrick McCully, International Rivers

UK committee supports personal carbon trading Environmental Expert

Satellite images uncover rapid deforestation in PNG ABC

Scientists trace soils’ contribution to climate change Innovations Report

General Motors phases out gas guzzlers GreenBiz

 


Air travel emissions calculator
International Civil Aviation Organisation

 

Job: Associate, Carbon Management
Green Life Organisation

Job: Programme Officer (P3) Sustainable Development Mechanisms Programme UNFCCC

Job: CDM Monitoring/Verification Manager RWE Power AG

More job vacancies

News: "Green" job market bucks credit crunch gloom Reuters Interactive

 

 


 

US carbon price would bring quick emission cuts: Study
The setting of a carbon price on all US power generators would lead to immediate cuts in greenhouse gas emissions, a new study finds...
[read more]

CER market gets US boost
Lawmakers amend the most-likely US global warming bill to allow UN carbon offsets under its proposed emissions trading scheme...
[read more]

Germany opposes EU CDM cutbacks
Germany has come out in opposition to European Commission proposals to limit use of Kyoto offset credits in Phase III of the EU ETS starting in 2013...
[read more]

REDD carbon deal struck for Papua
A forests management company strikes a carbon credit deal with Indonesia's Papua province for avoided deforestation...
[read more]

First Australian emissions permit trade
The first sale of emission allowances in Australian has been struck at $19 under a forward delivery contract, two years ahead of an ETS...
[read more]

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Kyoto and climate politics

Japan sets 2050 target, will test ETS
Japan's prime minister has lifted the country's climate commitments, announcing a long term emissions target and a trial emissions trading scheme...
[read more]

Senate climate bill fails but backers retain hope
The US Senate votes down the Lieberman-Warner bill and its greenhouse caps, but its backers see success coming under a new President...
[read more]

McCain takes hard line on climate treaty
The all-but-certain Republican nominee for US President reiterates support for hard emission targets and carbon trading but warns developing nations must match the commitment...
[read more]

Russia warms to Kyoto and emissions cuts
Hopes for a new global climate agreement have lifted as Russia under new President Dmitry Medvedev hints at a more pro-Kyoto stance...
[read more]

‘Threatened’ polar bear won’t stop US emissions
The US lists the polar bear a threatened species due to global warming, but it won’t force laws to cap carbon emissions as some had hoped...
[read more]

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Global warming science and technology

Deeper emissions cuts: Science urges leaders
Scientists push governments to commit to cut greenhouse gas emissions by 80 not 50 per cent...
[read more]

Science strengthens global warming case
Latest studies add to evidence that humans have pushed carbon in the atmosphere to its highest level in 800,000 years and that associated warming is changing the Earth and its life...
[read more]

Big players corner climate crop genes
Big companies are monopolising gene technologies for crops resistant to climate change, a report claims...
[read more]

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Energy and biofuels

Carbon burial our only hope: IEA
The International Energy Agency places its faith in carbon capture and storage to cut greenhouse gas emissions in the face of rapidly rising coal use...
[read more]

Air NZ sees biofuel salvation in jatropha
In the race to develop a viable aircraft biofuel, Air New Zealand and Boeing are banking on the Jatropha plant to deliver a cost-effective, green solution...
[read more]

Palm oil producers declare forests off limits
Responding to concern over the lack of sustainability in crop-based biofuels, Indonesian palm oil producers say they will stop clearing forests for crops...
[read more]

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Carbon glossary
AAU
Assigned Amount Units.
Allowances for carbon emissions allocated to developed countries up to their target level under the Kyoto Protocol. These allowances are tradable under Kyoto's international emission trading mechanisms in place from 2008 to 2012. Each AAU equates to one tonne of CO2e.
Full glossary


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