NewEnergyNews: EMISSIONS TRADING TO DOUBLE

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The new challenge: To make every day Earth Day.

YESTERDAY

  • Weekend Video: Why News Reports Miss The Climate Change Story
  • Weekend Video: Climate Change In Two Minutes, Version 2
  • Weekend Video: How To Make Doubt
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-CLIMATE CHANGE COSTING BIG OIL BIG
  • FRIDAY WORLD HEADLINE-WIND FOR THE EIFFEL TOWER
  • FRIDAY WORLD HEADLINE-SOLAR FOR INDIA’S TRAINS
  • FRIDAY WORLD HEADLINE-GEOTHERMAL FOR KENYA GROWTH
  • -------------------

    GET THE DAILY HEADLINES EMAIL: CLICK HERE TO SUBMIT YOUR EMAIL ADDRESS OR SEND YOUR EMAIL ADDRESS TO: herman@NewEnergyNews.net

    -------------------

    THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, February 26:

  • TTTA Thursday-CO2 CAUGHT IN THE ACT OF HEATING GLOBE
  • TTTA Thursday-SOLAR’S ALL-OF-THE-ABOVE COALITION
  • TTTA Thursday-APPLE’S 100% NEW ENERGY DATA CENTERS
  • TTTA Thursday-WHERE EV DRIVERS THRIVE
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: OBAMA ADVISER: UTILITIES 'PROACTIVELY ENGAGED' ON CLEAN POWER PLAN
  • QUICK NEWS, February 25: SOLAR ADDS VALUE TO HOME PRICE; NEBRASKA NEW ENERGY CAN BE HUGE; SAMSUNG RAISES APPLE WITH NEW EV BET
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: A NEW PLAN FOR U.S. OCEAN WIND
  • QUICK NEWS, February 24: VIRGINIA FINALLY MOVES ON SOLAR; WIND TURBINE MAKERS BREAKING RECORDS; GEOTHERMAL COULD GET HOT
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: WHAT EVERYBODY NEEDS TO KNOW ABOUT SOLAR TECHNOLOGY
  • QUICK NEWS, February 23: MORE ON APPLE’S iCAR; BIG HAWAII WIND FROM NEXTERA; BIG CALIFORNIA SOLAR FROM KAISER
  • --------------------------

    --------------------------

    Anne B. Butterfield of Daily Camera and Huffington Post, is an occasional contributor to NewEnergyNews

    -------------------

    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

    -------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    Your intrepid reporter

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • Friday, November 16, 2007

    EMISSIONS TRADING TO DOUBLE

    Trading is a way of pricing the “externalities” of emissions, the harm to the general welfare done when a company or business emits health-endangering or environment-eroding pollution. Like the fellows who wrote the preamble to the US Constitution said, government is to “provide for the common defense” as well as to “promote the general welfare.”

    World carbon market seen doubling this year: IETA
    Annika Breidthart, November 5, 2007 (Reuters)

    WHO
    International Emissions Trading Association (IETA) (Andrei Marcu, president);

    WHAT
    Marcu expects the emissions trading market to grow to $60 billion in 2007. Certified Emissions Reductions (CERs) are currently trading at approximately 17 euros/ton of carbon equivalent.

    More than half the money spent on CERs goes to finance New Energy. (click to enlarge)

    WHEN
    The $60 billion figure represents a doubling of the $30 billion market value in 2006.
    And that was triple the 2005 value of $11 billion.

    WHERE
    - The majority of emissions trading is in the European Union's Emissions Trading Scheme (ETS).

    WHY
    - Trading is via the purchase and sale of EU ETS emissions allocations or CERs. Under the Kyoto Protocol’s Clean Development Mechanism (CDM), administered by the UN, programs that can be certified to reduce emissions. Over half are New Energy developments. Other projects include reforestation, chemicals control, waste capture, emissions capture, transport reduction, etc.
    - EU ETS-issued allowances are traded between businesses and industries in the EU, those who can operate below their allocated emissions limits selling to those who must go over.
    - UN CDM CERs can be purchased if an over-polluting business or company prefers sees a better value in doing so.
    - There are also a number of voluntary trading markets such as the Chicago Climate Exchange.
    - Trading companies, like brokerages, are emerging in countries all over the world.
    - Certification specialists are emerging in support of voluntary markets.

    And over half the CERs go to China and India. From the 2 graphs, it is clear a lot of CER money goes to finance emission-free energy in places where emission-free energy is especially vital. (click to enlarge)

    QUOTES
    - Marcu: "One key trend you will see for 2007 is that the credit market will be taking up an even larger percentage of the total market but you'll still see the dominant single market being the European market…"
    - Lee Solsbery, IETA board member: "The types of projects you have, the geography of projects, the diversity, the replicability of early projects…all those things that you want to see in a market taking off, is where that figure comes from…"

    0 Comments:

    Post a Comment

    << Home