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PointCarbonNews

  1. #CO2 trade growth mainly EU utilities adjusting trading patterns, deals on investment + #CO2 cuts in poor world more modest +3.6% to $3.3bn
  2. Big #Worldbank report says value of world #CO2 market up 11% in 2011 to $176 bn, defying low prices, sluggish economies pointcarbon.com/news/1.1908964…
  3. Swiss trader #Vitol main beneficiary from China's latest ramping up of #offset project approvals ahead of EU deadline pointcarbon.com/news/1.1908897…
  4. #Worldbank warns many #CO2 #offset deals won't go through at contract prices as buyers may back out amid weak terms pointcarbon.com/news/1.1909291…
  5. Potentially dramatic that global #CO2 market needs 18% more permits over 2008-2012- but muted by matching hike in #Worldbank supply estimate
  6. 4th trialogue EU energy saving bill ends. 2 to go. @Claude_Turmes insists on strong deal. Council says "far apart" on core elements.
  7. N America leads #CCS race with more public funding, chances of oil revenue, lower storage costs: @BloombergNEF EU's #CO2 price not much help
  8. Neat by @MarkHertsgaard on grassroots efforts to impose a de facto moratorium on new coal in US (tx @wolfgangsterk) aljazeera.com/indepth/opinio…
  9. #Australian companies face major political risk from both home and abroad that #CO2 credits bought now will be eligible pointcarbon.com/news/1.1907381
  10. #Australia, NZ firms risk ban on foreign offsets to meet #emission caps if their governments don't extend #Kyoto target pointcarbon.com/news/1.1907381
  11. EU wants annual upping of #Kyoto #emission goals to convince poorer states its not locking in 8yrs low ambition (free) reuters.com/article/2012/0…