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Carbon consultancy Ecofys loses director to government role

Published 22:50 on November 14, 2017  /  Last updated at 22:50 on November 14, 2017  /  Americas, Asia Pacific, Bavardage, China, EMEA, EU ETS, US  /  No Comments

A veteran carbon consultant is leaving Ecofys for a role in the road, water and waterways agency of the Dutch government.

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ECOSYSTEM MARKETPLACE: As REDD talks progress in Bonn, question arises: who can use the term “REDD+”?

Published 14:15 on November 14, 2017  /  Last updated at 14:15 on November 14, 2017  /  Africa, Americas, Asia Pacific, Australia, Bavardage, Climate Talks, Conversations, EMEA, International, New Market Mechanisms, Other APAC, REDD, South & Central, US, Views, Voluntary Market  /  No Comments

Towards the end of summer, climate negotiators learned of three trademark applications that were filed in May of this year. One was for the logo “REDDPLUSX”, which is described as a carbon credit brokerage. Another was for the logo “RRU”, which are proposed carbon credits generated by saving or supporting forests under the Paris Agreement. But it was the third, for the logo REDD+, that raised eyebrows across the climate community.

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UK slaps £800k in EU ETS non-compliance penalties on 30 companies

Published 17:52 on November 13, 2017  /  Last updated at 17:52 on November 13, 2017  /  Americas, Aviation, Bavardage, EMEA, EU ETS, International, Middle East, US  /  No Comments

Thirty-five UK-based big-emitting facilities and airlines, operated by 30 firms including energy company ConocoPhillips and investment bank Morgan Stanley, have been hit with more than £800,000 ($1.05 mln) in non-compliance fines related to the EU ETS.

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ICE sells energy and emissions trading platform Trayport to Canada’s TMX

Published 13:11 on October 27, 2017  /  Last updated at 13:11 on October 27, 2017  /  Americas, Bavardage, Canada, EMEA, EU ETS, US  /  No Comments

Exchange operator ICE is selling energy and emissions trading platform Trayport to Canada’s TMX Group, it said Friday, after being forced by the UK’s competition watchdog to unload the holding.

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Germany launches second phase of EU ETS money laundering study

Published 12:09 on October 25, 2017  /  Last updated at 12:09 on October 25, 2017  /  Bavardage, EMEA, EU ETS  /  No Comments

Germany this week kicked off the second phase of its study into money laundering in the EU ETS, launching an online questionnaire for market participants.

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California carbon conference cancelled as thousands flee wildfires

Published 01:22 on October 10, 2017  /  Last updated at 02:37 on October 10, 2017  /  Americas, Bavardage, Canada, Mexico, South & Central, US, Voluntary Market  /  No Comments

The Argus California Carbon & LCFS Summit was cancelled a day ahead of its start on Monday due to rampant wildfires that have forced some 20,000 residents to flee the state’s wine-producing region.

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Ex-China govt official joins ICF from ICIS

Published 10:14 on October 9, 2017  /  Last updated at 19:49 on October 9, 2017  /  Bavardage, China, China's National ETS  /  No Comments

A former climate change official with the Chinese government this week leaves analysis firm ICIS to join the Beijing office of consultants ICF.

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EEX and IncubEx to launch US carbon, hurricane derivative contracts in 2018

Published 15:11 on October 5, 2017  /  Last updated at 16:22 on October 5, 2017  /  Americas, Bavardage, Canada, EMEA, EU ETS, US  /  No Comments

German-headquartered energy exchange operator EEX Group and newcomers IncubEx plan to launch a suite of environmental derivatives products next year, including US carbon contracts and hurricane futures.

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Vertis acquires Brussels-based carbon traders Alco2 in Western European push

Published 13:59 on September 18, 2017  /  Last updated at 11:37 on September 19, 2017  /  Bavardage, EMEA, EU ETS  /  No Comments

Vertis Environmental Finance has acquired Brussels-based emissions trading firm Alco2, as the Budapest-headquartered company further expands its operations into Western Europe.

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French court jails 12 carbon fraudsters, with 36 more to face trial

Published 02:22 on September 14, 2017  /  Last updated at 21:38 on September 14, 2017  /  Bavardage, EMEA, EU ETS  /  No Comments

A Paris court on Wednesday sentenced 12 people to prison for their part in a €146-million tax fraud and money laundering ring that profited through the EU carbon market, while a related €385-million case involving 36 people advanced in the south of France.

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