According to a news item on the New Values weblog, the proposed Spanish carbon emissions trading exchange SENDECO2 will be based in Barcelona, after the Catalan regional government and three companies committed funding to the venture. The new exchange hopes to attract smaller companies to trade, particularly those in the Mediterannean nations. [...]

Over at the Climex New Values Community blog is a post reporting a presentation given as a side event to the Montreal Climate Change conference on 25 November 2005 online auction of forward CER contracts arising Asian CDM projects. This auction was conducted jointly by Climex and the Asia Carbon Exchange (ACX-Change). The [...]

The Montreal Meeting on Climate seems to have achieved a positive outcome. The BBC reported that the countries who had signed up to the Kyoto protocol agreed to extend the treaty beyond 2012, something which will strengthen confidence in emissions trading. Also, a broader group of countries agreed to talks on long-term measures, and [...]

The BBC has reported that a legal petition has been filed against the US government by the Inuit Circumpolar Conference (ICC).
The ICC has claimed that lax US emission policy is a major cause of increasing temperatures in the Arctic, which has so far reduced fish stocks and the collapse of some buildings.
While these effects seem [...]

The Financial Times reports that large companies would prefer stricter emissions policies implemented with certainty than looser policies with uncertainty or non-uniformity n their application.
“But while some business lobbies have resisted international action on climate change for precisely these reasons, a growing number of high-profile companies are calling for stiffer regulation of carbon [...]