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Carbon Market

Carbon Market Growth Hits Nose-Dive in 2009

October 30, 2009

United Kingdom-based research group, New Energy Finance, predicts the global carbon market’s worth at $122 billion in 2009; precisely $3 billion higher than in 2008. The firm’s estimation denotes a critical decline in growth throughout the worldwide economic recession. Earnings in the carbon market reached $119 billion in 2008; however these figures are up 83 percent…

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Australia opposition proposes rival carbon scheme

August 12, 2009

* Opposition readies for possible early poll on climate
* Proposes alternative scheme to government carbon plan
* Proposes 10 pct emission cut, more industry protection (Adds detail)
CANBERRA, Aug 10 (Reuters) – Australia’s opposition set out an alternative plan to cut carbon emissions to help prepare itself for a possible early election, promising on Monday to deliver [...]

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Businesses still slow to embrace CDM projects

August 9, 2009

| Sourced From Thejakartapost |
Despite intense campaigns, Indonesia has been slow on the uptake of the clean development mechanism (CDM) program, with the UN only approving 23 projects so far, a far cry from China’s 422, India’s 395 and Malaysia’s 41.
One of the main reasons so few projects have been implemented in Indonesia is their [...]

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Carbon market a kiwi money-spinner

August 6, 2009

| Sourced From Scoop.co.nz |
Wednesday, 5 August 2009, 5:14 pm;    Press Release: New Zealand Labour Party
Charles Chauvel,    Climate Change Spokesperson
Labour’s Climate Change Spokesperson has welcomed news that major Gisborne forestry operator Ernslaw One has secured a multimillion-dollar deal selling the carbon credits from 7941 hectares of forest on the East Coast to offset [...]

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Standard bank wins carbon deal award

August 4, 2009

| Sourced From Observer.ug |
The Environment Finance Magazine has awarded Standard bank the Carbon Finance deal of the year, raising the bank’s profile in the largely untapped yet profitable environmental market.
Standard bank, the parent company of Stanbic bank Uganda, won the award in recognition of its 15 million euro advance towards Camco International Limited to [...]

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India CO2 credit revenue sharing plan stirs unease

August 4, 2009

SINGAPORE, Aug 3 (Reuters) – Plans by India to force renewable energy developers to share up to half their carbon offset revenues could prove complex to administer and deter investment, carbon market participants say.
Continue Reading on Reuters

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CSIRO says carbon price cap may hit power supply

August 3, 2009

| Sourced From Smh.com.au |
AUSTRALIA’S chief scientific body, the CSIRO, says price caps on carbon in Australia’s emissions trading scheme may stifle investment in renewable technologies and threaten Australia’s power supply.
In a submission to the Government’s energy review, CSIRO researchers write that price caps in a carbon market may cause Australia to increase its reliance [...]

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Weekly CDM and VER market summary – 20-26 July 2009

August 1, 2009

| Sourced From Pcw.co.uk |
Carbon market faces summer lull, as EU delays release of aviation emission caps
MF Global Staff, BusinessGreen 27 Jul 2009
Voluntary trading has slowed during the summer period with most market participants taking annual leave. Demand remains dominated by small clips of either exotic RE or bargain priced VCUs.
Issued, recent vintage, RE VCUs [...]

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Capped: How Europe’s New CO2 Standard’s Killing Cheap Flights and Saving Slow Travel

July 30, 2009

| Sourced From Thefastertimes.com |
There’s bad news brewing for both hipster-bohemian types and the people who love to hear them wax dramatic about budget Euro airlines like Ryanair and EasyJet — how it was “so easy” to jaunt from London to Tallinn; how we could eat burrata in Puglia one day and smoke the greatest [...]

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Carbon market a no-go

July 29, 2009

| Sourced From Inforum.com |
I’m in favor of taking action to reduce CO2 emissions and to protect our environment. But I don’t support the “cap and trade” plan being debated in Congress.
Cap and trade is an approach that would have the government set caps on carbon emissions from certain sources and then establish a market [...]

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