ONGC has received 121,207 carbon credits for its 51 MW wind power project at Bhuj in Gujarat, the company said in a statement.

New Zealand carbon prices hit a two-month high this week, extending gains as ongoing speculation of tighter liquidity in the European carbon market was expected to bolster the New Zealand market in

This is the proceedings of National level Consultation on “International REDD Plus Architecture and its relevance for India” held at India Habitat Centre on 14th June, 2012.

The European Union needs to aim for a deeper emissions cut soon, to rescue a record low carbon price and spur long-term investment in low-carbon technology, leading carbon market players said at an

The total value of the carbon market grew by 11 per cent in 2011, to $176 billion, and transaction volumes reached a new high of 10.3 billion tons of carbon dioxide equivalent (CO2e), according to

State of the Voluntary Carbon Markets 2012: Developing Dimension is the sixth annual report created to shed light on trading volumes, credit prices, project types, locations, and the motivations of buyers voluntarily purchasing carbon offsets.

The annual report on State and Trends of the Carbon Market 2012 presents an optimistic view of the carbon market, which despite adverse conditions, still grew by 11% in 2011, amounting to US$176 billion with US$10.3 billion tons of carbon dioxide equivalent (CO2e) traded during 2011.

The price of carbon credits is likely to double this year, due to a recovery in demand from the European Union.

A recent report by Barclays Capital, the global consultancy firm, forecast the Certified Emission Reduction (CER) price to surge 92 per cent in the first half of this year. Indian analysts estimate it would almost double before the end of 2012. Currently, a CER unit for near-month delivery on the European Energy Exchange is quoted at 3.55 euros.

The main U.N.-appointed panel that regulates supply of global carbon offsets could this week decide whether to approve rules that would lead to the award of millions of CO2 credits to coal-fired po

The main U.N.-appointed panel that regulates supply of global carbon offsets could this week decide whether to approve rules that would lead to the award of millions of CO2 credits to coal-fired po

Pages