Thirteen years after the United Nations set up the first carbon emissions market, the global trading system’s influence is waning as it gives way to local and regional plans to combat climate change.
The European Commission considered installing a floor price in its carbon market for the third phase from 2013 to 2020 to spur clean investment, said the Carbon Markets & Investors Association.
The Carbon Markets and Investors Association , a global trade group, backed calls by an environmental lobby to refuse carbon credits to projects linked with human rights violations.
New York Giants wide receiver Victor Cruz is taking his scoring, sales appeal and salsa steps into the National Football League playoffs with a possible $45 million payoff in sight.
The New York Giants cashed in on early errors by the Cowboys and held on for a 29-24 win in Dallas that extends their lead atop the National Football Conference East Division.
European Union carbon permits had their biggest three-day drop since April 2006, extending losses after there was a lower bidding ratio in a sale today than in the previous four auctions.
A Lloyd’s of London insurer is offering carbon traders coverage that would pay out if the European Union changes its mind again on the emission credits it will accept in its cap-and-trade market, the world’s largest.
For Rex Ryan and the New York Jets, the darkest moments of the fourth quarter were the prelude to the brightest.
A European Union proposal to make serial numbers of carbon allowances confidential may worsen trader concerns about potential liabilities arising from handling stolen permits, said a lobby group.
Jay Feely kicked a 48-yard field goal with five seconds remaining to help the Arizona Cardinals beat the Dallas Cowboys 27-26 in their National Football League game last night in Glendale, Arizona.