South Pole Carbon Asset Management Ltd. Secures Investment From BP Alternative Energy Plc
Posted on March 11, 2009
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BP Alternative Energy Plc has taken a minority interest in South Pole Carbon Asset Management Ltd., a leading developer of high-quality greenhouse gas emission reduction projects.
Since its inception in 2006, South Pole has been profitable and has financed its growth out of the cash flow generated from carbon asset development and related advisory services. Through the investment from BP the company will accelerate its expansion and consolidate its leading position in the markets for regulated and voluntary emission reductions. “We are very pleased to announce this strategic partnership with BP Alternative Energy. Together both companies are in a strong position to seize the many opportunities that present themselves in the carbon markets at a time of market volatility. Success in coming years will require the right combination of technical expertise, financial muscle and global reach. We believe that through this partnership we have found a compelling formula for success and look forward to a very promising 2009,” says Dr. Christoph Sutter, CEO of South Pole. Read more
Phoenix Partners Group Launches Environmental Brokerage Group
Posted on March 4, 2009
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Phoenix Partners Group, a leading interdealer credit and equity derivatives broker, announced today the initiation of environmental brokerage services for the renewable energy and emissions markets worldwide. The unit is based in New York and will launch a London desk shortly.
The environmental broking services (EBS) unit provides a full range of products and services designed to enable corporations, financial institutions and project developers to implement optimum trading strategies in the voluntary and compliance environmental markets worldwide. EBS will facilitate trading for all environmental commodities, including European Union emission allowances, certified emission reductions (CER) requirements, Regional Greenhouse Gas Initiative (RGGI) allowances, voluntary emissions reductions (VER), as well as compliance and voluntary renewable energy credits (REC). Read more
Carbon Conference: TradeEx America
Posted on March 3, 2009
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Carbon TradeEx America is proud to present the leading Carbon conference program in North America. The three conference tracks “Policy Forum - Market Insights - Emerging Opportunities” consist of 25 sessions and 110 senior level speakers. The program is designed to bridge aspects of climate, energy, and economic policies at domestic and international levels. Read more
Publicly Traded Carbon Investments Down
Posted on March 2, 2009
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Seeking Alpha takes a look at the recent performance of some investments that track different ways to play carbon trading. You’d think with all the carbon cap and trade talk from the Obama administration would have provided a bit of a boost. It didnt. It looks like investors still care about fundamentals, which we know is not good in the carbon credits space.
The Global Carbon Trading Index has lost about 15% of its market value in the past five weeks to a level of 18,497. Initial enthusiasm for the space (with the election of President Obama) has faded given the realities of a global economic slowdown and bear market for stocks. Read more
Carbon Trading: The rise of a new asset class
Posted on February 19, 2009
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An Australian website has a nice little primer on my favorite asset class - carbon:
The growth of emissions trading schemes will increase the need for investors to assess how material carbon is and how it might impact the bottom line of companies.
Companies are increasingly evaluating the impact of carbon pricing in their operations, risk management plans and broader corporate strategies.
By the same token, institutional investors also need to review the potential carbon exposure in their investment portfolios.
Carbon may also present opportunities for investors, such as alpha generation – for example, exploiting pricing inefficiencies in the trading of carbon emission permits – and investment in carbon-related projects and new ‘clean’ technologies. Read more
US Carbon Cap and Trade- Coalition for the Green Bank Congratulates House Members for Passage of American Clean Energy and Security Act of 2009
- Controlling Immigration Critical to Meeting Goals on U.S. Greenhouse Emissions, Finds New Report by FAIR
- ACCCE Statement Regarding DOE Clean Coal Technology Grants $408 Million in Recovery Act Funding for New Technologies to Advance Carbon Capture and Storage
- EPA Grants California GHG Waiver
- Chicago Climate Exchange® Issues Statement on Passage of American Clean Energy and Security Act
- Green America Recognizes the House Passage of ACES as a First Step, Seeks Strengthened Bill in the Senate
- American Iron and Steel Institute Says Climate Bill as Passed by House Puts Steel Industry at Competitive Disadvantage; Bill Must Have Important Modif
- New Report: Implementing U.S. Climate Policy Depends on Five Political Precedents
- Obama Weekly Radio Address: Calls Energy Bill Passage Critical to Stronger American Economy
- Nation’s Mayors Praise Congress for Accelerating Action on Climate Legislation
- EU ETS & Global Carbon Trading
- ECX Monthly Report And EUA & CER Volumes - June 2009
- CME Group Announces the Launch of New Sulfur Dioxide Futures and Options Contracts
- EcoSecurities Registers the Largest Project Under the Gold Standard
- CME Group Announces European Union Allowance and Certified Emission Reduction Futures on CME Globex(R)
- Introduction of the ICE Futures ECX EUA and CER Serial Option Contracts
- Recession lowers cost of EU Emissions Trading Scheme by a half
- Raritan’s Power IQ Data Center Energy Management Software Goes Global; Tracks and Manages Carbon Trading in Japan
- Point Carbon Survey Finds 90 Percent Think US Will Introduce A US Emissions Trading Scheme By 2015
- Global Carbon Price On The Horizon?
- Government of Portugal and Natsource Hold Seminar to Discuss the Flexible Mechanisms in a Post-2012 World