Deutsche Bank launches a real-time carbon counter
A cap-and-trade system to reduce carbon emissions in the United States would have widely divergent effects on the companies that comprise the S&P 500, new research finds.A report released today by the not-for-profit Investor Responsibility Research Center Institute and Trucost, a global provider of environmental data and analysis, finds that the earnings of most companies […]
Proposed legislation would set up a greenhouse gas emissions trading system
The U.S. Commodity Futures Trading Commission is ready to regulate a US. carbon market, Bart Chilton, chair of the CFTC’s Energy and Environmental Markets Advisory Committee said Thursday. “Our agency is standing ready to oversee the trading of derivatives in these critically important markets, to ensure the safety and soundness of all such activity,” said […]
The Commodity Futures Trading Commission is launching a new committee to address the challenges posed by carbon markets.The CFTC says that it is preparing for what could be the largest commodity market ever: carbon trading. In the near future, the U.S. Congress is expected to consider legislation centered around a cap-and-trade system that would reduce […]
U.S. cap-and-trade system is on the horizon
But while the economic downturn will hit the value of global carbon markets as a whole, the U.S. looks set to buck the trend
The global carbon market grew faster than expected in terms of volume and value during 2008, according to Oslo, Norway-based research firm Point Carbon.Overall, 2008 saw 4.9 billion tonnes of carbon dioxide equivalent (CO2e) change hands, up 83% on 2007, according to a recent report. “Even Point Carbon did not fully predict the extent of […]
The Goldman Sachs Group has agreed to purchase the majority of the carbon offset portfolio of E+Co, a non-profit investment company that provides business support services and capital to clean energy businesses in Africa, Asia and Latin America.E+Co said that through a multi-year alliance, Goldman Sachs will help promote its goal of providing investment capital […]
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