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

Consider this.

This study is the first outcome of a new work program on regulatory aspects of the Clean Development Mechanism (CDM) started by the World Bank in May 2011 at the Carbon Expo in Barcelona.

The UNFCCC Secretariat has released India’s submission containing its views on certain aspects of the eligibility of carbon dioxide capture and storage (CCS) in geological formations as Clean Development Mechanism (CDM) project activities.

Against the backdrop of coal shortages impacting the power sector, increasing hydro power generation capacity would help in strengthening India's energy security, says a report.

Against the backdrop of coal shortages impacting the power sector, increasing hydro power generation capacity would help in strengthening India’s energy security, says a report.

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