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EU carbon market is subsidising Polish coal plants NGO

2016-04-26 12:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Carbon markets are supposed to make polluters pay, encouraging investment in carbon-cutting kit. Yet a provision in the EU`s flagship emissions trading scheme mean it is doing the opposite, Carbon Market Watch warned in a report on Tuesday: subsidising coal. Poland, Romania and Czechia are the biggest beneficiaries of free permits worth an estimated EUR12 billion over 2013-19, analysts found. The handout was supposed to support "modernisation" of the power sector in poorer EU states. In...

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New Zealand carbon market hotting up

2016-03-03 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Scoop: New Zealands carbon market is on the move, breaking the $10 barrier today, says Carbon News, the countrys specialist daily carbon market publication. Todays sale of 15,000 spot NZUs (the domestic carbon unit) at $10 is a milestone, said Carbon News publisher Adelia Hallett. Its the highest theyve been since the massive price collapse of 2011. The break-through sale, on the CommTrade platform, comes on the heels of the historic Paris Agreement on climate change in December, in which global...

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Low prices raise concerns China carbon market

2016-01-29 15:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: The development of a national carbon market in China is perhaps the biggest single tool for slashing greenhouse gas emissions in the world. According to UK envoy Sir David King, who recently returned from Beijing, it could ultimately link up with the EUs emissions trading system (ETS). But recent data from Chinas seven regional pilots shows a surplus of allowances is depressing the carbon price as happened in Europe. That makes it a weak signal for investment in clean technology. The...

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World Bank launches $500 mln carbon market scheme

2015-12-01 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The World Bank on Monday launched a $500 million market-based scheme designed to help developing countries pay for emission reductions and combat climate change. Germany, Norway, Sweden and Switzerland have jointly pledged an initial $250 million to get the so-called Transformative Carbon Asset Facility (TCAF) up and running next year, while the bank hopes further contributions will take the eventual total to $500 mln. The scheme, which will reward countries for reducing emissions by paying a fee...

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PMR Releases Conductive Carbon Black Market Global Study on Conductive Carbon to 2020

2015-10-16 07:00:00| Coatings World Breaking News

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