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World news
EUA prices end the week lower
Prices of EU carbon allowances (EUAs) for delivery in December finished down almost 1% on Friday due to profit-taking.
Read moreNOAA: 2011 a year of climate extremes
According to the National Oceanic and Atmospheric Administration (NOAA), 2011 was a record-breaking year for climate extremes, as much of the United States faced historic levels of heat, precipitation, flooding and severe weather.
Read moreBoE urged to limit UK exposure to high-carbon investment - Argus
The Bank of England (BoE) should examine how the UK's exposure to high carbon investments could pose a risk to the UK financial system and prospects for long-term economic growth, a coalition urged in an open letter to the bank, Argus reports.
Read moreEC launches public consultation on greenhouse gas emissions from ships
The European Commission launched today an on-line public consultation on possible measures to reduce greenhouse gas emissions from ships. All interested stakeholders can send their contributions until 12 April 2012.
Read moreCost of 30 pct EU carbon cut less than thought-draft - Reuters
Raising the European Union's 2020 emission reduction target to 30 percent would be considerably less costly than originally thought and could be shared fairly among EU governments, according to a draft EU document, Reuters reports.
Read moreGreece auctions 1 million EUAs at € 6.76
Greece sold on Wednesday in the first auction this year 1 million EU emission allowances (EUAs) at € 6.76, said the Athens Stock Exchange, the auction’s organizer.
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