Carbon Markets
The global carbon market was born in 2005 with entry into force of the 1997 Kyoto Protocol. This group is dedicated to CDM, JI and AAU mechanisms of the Kyoto Protocol and trading of related instruments like CERs, AAUs and ERUs. Other topics of interest include voluntary and forestry carbon markets.
California allowances auctioned at 31% premium; raises $284 million revenue
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Abu Dhabi releases first GHG emissions inventory; working on comprehensive low-carbon planClimate Connect News, 21 May 2013, London: Abu Dhabi today released the results of its inaugural Greenhouse Gas (GHG) Inventory Project for the Emirate of Abu Dhabi for 2010. |
Serbia seeks €1.45 billion for energy efficiency NAMA projectsClimate Connect News, 13 May 2013, London: In the latest additions to the UNFCCC's NAMA Registry, Serbia has submitted seven carbon emission mitigation projects seeking about €1.45 billion in financial assistance for their implementation. It has also submitted a NAMA project for recognition. |
South Africa may allow use of carbon offsets from domestic CDM projects under carbon tax
Climate Connect News, 03 May 2013, London: South Africa is expected to allow use of carbon offsets generated from projects under the Clean Development Mechanism as well as Verified Carbon Standard (VCS) or Gold Standard (GS) under its proposed carbon tax plan. |
South Africa proposes $13/tCO2e carbon tax on fossil fuel use across industries
Climate Connect News, 03 May 2013, London: South Africa has released details of the possible structure of the proposed carbon tax. |
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Climate Connect News, 21 May 2013, London: The California Air Resources Board (ARB) successfully completed the third auctio 