Lorde Browne, former CEO of BP addressed the British Association for the Advancement of Science meeting to announce the need for an ‘international climate agency’ to co-ordinate action against climate change, according to the Financial Times:
Its responsibilities would include setting a long-term goal for stabilising carbon dioxide in the atmosphere; setting carbon emission targets and [...]

According to the folks at The New Carbon Cycle:
“In what may be the first payment for mandatory greenhouse gas emission reduction credits or “carbon credits” in the United States, ConocoPhillips agreed to pay around $10 million to offset greenhouse gas emissions that will be emitted by the expansion of its Bay Area refinery. On Tuesday, [...]

Market analysts, Point Carbon, have issued a press release (PDF) predicting EUA prices to rise above 20 euros/tonne level, as carbon-emitting firms increasingly seek permits.
(Hat tip: Joz Cozijnsen at New Values Community)
Technorati Tags: EUA prices, carbon-emitting