Markets: Analysis
FRANKLIN SPECIAL INTERVIEW: US well down the climate track
18 Mar 2008
Climate change hold-out the United States might not rush to follow Australia into ratifying the Kyoto Protocol, but behind the scenes it’s moving quickly to legislate for something similar.
Tui gas flaring likely to be costly
18 Mar 2008
The consortium behind the Tui oilfield off the Taranaki coast is bracing itself for the carbon bill from its flaring of up to 500,000m3 a day of unusable gas when the emissions trading bill presently before Parliament is passed.
Renewables credits find ready markets
17 Mar 2008
Electricity generator Trustpower is finding ready markets for the carbon credits earned by its Tararua windfarms but the proceeds will do nothing to insulate consumers from rising power prices.
New OTC contracts launched
17 Mar 2008
LCH.Clearnet and the London Energy Brokers’ Association (LEBA) on February 29 launched their OTC cleared Carbon EUA and CER contracts.
First climate change futures exchange going live in Canda
17 Mar 2008
The Montreal Climate Exchange (MCeX), a joint venture of the Montreal Exchange (MX) and the Chicago Climate Exchange(R) (CCX), announced it plans to launch trading of futures contracts on Canada carbon dioxide equivalent (CO2e) units on May 30, 2008, subject to regulatory approval.