Hopes for $2 trillion global carbon market fade

According to Reuters, “Investors are becoming less convinced that a global carbon market, estimated to be worth about $2 trillion by the end of the decade, can be established as uncertainty over global climate policy persists.
The absence of legally binding global climate deal and a federal emissions trading scheme in the United States are standing [...]

U.S. carbon market growth seen without climate bill

According to Reuters, “Voluntary carbon markets in the United States will grow especially at the regional level even if a stalled federal climate bill fails to impose “cap and trade” on American industry, the chairman of the Chicago Climate Exchange (CCX) said on Tuesday.
“I think we will continue to see interest in voluntary carbon markets [...]

France to propose new carbon tax: minister

According to Reuters, “The French Constitutional Council annulled the tax, hailed by President Nicolas Sarkozy as a ground-breaking tool to fight climate change, on Tuesday on the grounds that it offered too many exemptions.
After the Constitutional Council complained that some 93 percent of industrial emissions were exempt from the tax, Lagarde told French radio this [...]

Carbon will mature as inflation hedge

According to Reuters, “The $126 billion global carbon market will mature so that investors will use it as a hedge against equities and inflation, Bache Commodities Ltd.’s emissions trading head told Reuters in an interview.
Crude oil or gold have often been used to hedge against inflation risk or equities, as investors believe they can offer [...]

Carbon Acquisition Company Ltd to acquire Ecosecurities Group Plc

According to the Press Release, “Carbon Acquisition Company Ltd’s, a wholly-owned indirect subsidiary of J.P. Morgan (NYSE: JPM) £1.05 a share offer to acquire EcoSecurities Group Plc (EcoSecurities) (LSE: ECO), a leading company in the business of sourcing, developing and trading emission reduction credits, has become wholly unconditional.
Carbon Acquisition Company expects to complete the acquisition [...]

Carbon capture coal tech must be ready by 2019: U.S.

According to Reuters, “A technology to bury underground the greenhouse gas emissions produced from burning coal must be ready for global deployment by 2017-2019, U.S. energy secretary Steven Chu said on Monday.
Coal is the world’s single biggest source of carbon emissions, at 40 percent. Other sources included burning oil and natural gas, and deforestation and [...]

Sierra Pacific Industries and Equator Announce Largest U.S. Forest Carbon Transaction to Date

According to the Press Release on 9/30/2009, “California’s largest private landowner – Sierra Pacific Industries, and Equator, LLC, a natural resources asset management firm, announced today that they have entered into the nation’s single largest precompliance
forest carbon transaction to date. The transaction will consist of a series of projects focused on developing compliance‐ready carbon offsets [...]