The UK Government is considering auctions of emissions allocations in the second phase of the emissions trading scheme (2008-2012), according to today’s FT.  The rules of the ETS permit national Governments to auction up to 10% of their national emissions quota.
Technorati Tags: emissions trading

The EC today released officially the 2005 CO2 emissions data and compliance status of the organizations covered by the Emissions Trading Scheme, available from here.
Technorati Tags: Emissions Trading

The World Bank has called for quarterly reporting of emissions in order to reduce volatility in carbon emissions trading prices, according to this report in today’s Financial Times.  
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Business economist John Kay, who writes for the Financial Times, this week discusses the problems of the European carbon emissions trading market. He argues that any engineered marketplace, such electricity markets and the European CET, are bedevilled by:

lawyers seeking to define away every possible contingency,
lobbyists seeking to manipulate the rules in their clients’ favour, [...]

The price of Carbon Credits is about to close at a slight increase on yesterday.
Although CO2 did reach around €12.75 this afternoon, it’s currently standing at €11.96, a single Euro up. (about 10%)
Technorati Tags: price, Carbon, CO2