http://www.pointcarbon.com/news/reutersnews/digest.rss News http://www.pointcarbon.com/news/1.2378364 SAO PAULO, May 17 (Reuters Point Carbon) – Latin American countries, which have launched dozens of major initiatives to reduce their carbon footprints, are increasingly turning to a UN program to support national climate policies rather than its beleaguered carbon offset program, experts said. Fri, 17 May 2013 21:42:18 GMT http://www.pointcarbon.com/news/1.2378364 2013-05-17T21:42:18Z http://www.pointcarbon.com/news/1.2378259 LONDON, May 17 (Reuters Point Carbon) – The U.N.’s International Maritime Organisation (IMO) made progress towards reaching a deal to cut greenhouse gas emissions from the shipping sector on Friday after overcoming a key impasse. Fri, 17 May 2013 17:38:16 GMT http://www.pointcarbon.com/news/1.2378259 2013-05-17T17:38:16Z http://www.pointcarbon.com/news/1.2378240 LONDON, May 17 (Reuters Point Carbon) – Companies have surrendered to the EU more than 550 million U.N.-backed carbon offsets that have since been banned under the bloc’s Emissions Trading Scheme, analysts said. Fri, 17 May 2013 17:06:41 GMT http://www.pointcarbon.com/news/1.2378240 2013-05-17T17:06:41Z http://www.pointcarbon.com/news/1.2378208 LONDON, May 17 (Reuters Point Carbon) - European carbon allowances ended the week in positive territory as optimism from steady demand for government auctions outweighed concerns over an EU plan to cut supply. Fri, 17 May 2013 16:19:27 GMT http://www.pointcarbon.com/news/1.2378208 2013-05-17T16:19:27Z http://www.pointcarbon.com/news/1.2378205 LONDON, May 17 (Reuters Point Carbon) – Banks and trading houses bought more than two thirds of the 138 million carbon permits sold by 25 European governments between Nov. 2012 and Feb. 2013 to help power plants and factories comply with the EU Emissions Trading Scheme, an EU Commission report published Friday showed. Fri, 17 May 2013 16:19:33 GMT http://www.pointcarbon.com/news/1.2378205 2013-05-17T16:19:33Z http://www.pointcarbon.com/news/1.2377658 LONDON, May 17 (Reuters Point Carbon) - Germany on Friday sold just over 4 million spot EU carbon permits for 3.55 euros each, energy exchange EEX said. Fri, 17 May 2013 09:01:31 GMT http://www.pointcarbon.com/news/1.2377658 2013-05-17T09:01:31Z http://www.pointcarbon.com/news/1.2377507 BEIJING, May 17 (Reuters Point Carbon) – The Shenzhen government is over the next few weeks expected to hand out around 100 million CO2 emission permits to 635 companies as the first of China’s seven pilot carbon markets prepares for its launch next month. Fri, 17 May 2013 08:33:18 GMT http://www.pointcarbon.com/news/1.2377507 2013-05-17T08:33:18Z http://www.pointcarbon.com/news/1.2377305 BEIJING, May 17 (Reuters Point Carbon) - Australia has now issued over 1 million carbon credits to projects that cut planet-warming gases, a move that could cut the costs energy companies and factories face in complying with the nation’s carbon tax and market. Fri, 17 May 2013 08:26:16 GMT http://www.pointcarbon.com/news/1.2377305 2013-05-17T08:26:16Z http://www.pointcarbon.com/news/1.2376995 SAN FRANCISCO, May 16 (Reuters Point Carbon) – California carbon allowances (CCAs) for delivery in December 2013 closed at $14.80 a tonne on Thursday, up 3 percent from the previous week’s close as market participants anticipated an auction clearing price above $14/t. Thu, 16 May 2013 23:00:53 GMT http://www.pointcarbon.com/news/1.2376995 2013-05-16T23:00:53Z http://www.pointcarbon.com/news/1.2376798 LONDON, May 16 (Reuters Point Carbon) – Barclays broke a contractual agreement and misused confidential information to buy a Swedish company that invests in carbon credits, lawyers said on Thursday, presenting opening arguments in an 82-million euro ($105 million) lawsuit on behalf of a former client of the British bank. Thu, 16 May 2013 16:52:44 GMT http://www.pointcarbon.com/news/1.2376798 2013-05-16T16:52:44Z http://www.pointcarbon.com/news/1.2376692 LONDON, May 16 (Reuters Point Carbon) – European carbon allowances hit a four-day high on Thursday, shrugging off fresh supply from government sales of permits to breach technical resistance levels which triggered buying and pushed prices higher, traders said. Thu, 16 May 2013 15:30:50 GMT http://www.pointcarbon.com/news/1.2376692 2013-05-16T15:30:50Z http://www.pointcarbon.com/news/1.2376537 LONDON, May 16 (Reuters Point Carbon) – A 99-percent collapse in the price of U.N.-backed carbon credits has wiped $66 billion off the value of investments made under the Clean Development Mechanism, according to a report published Thursday by Madrid-based advisory firm CO2 Spain. Thu, 16 May 2013 14:17:47 GMT http://www.pointcarbon.com/news/1.2376537 2013-05-16T14:17:47Z http://www.pointcarbon.com/news/1.2376190 LONDON, May 16 (Reuters Point Carbon) - EU firms facing carbon caps under the EU Emissions Trading Scheme surrendered a record number of U.N. offsets against their emissions in 2012, the EU Commission said on Thursday, meaning future demand for offsets from EU companies will fall by more than half over the next eight years. Thu, 16 May 2013 10:12:57 GMT http://www.pointcarbon.com/news/1.2376190 2013-05-16T10:12:57Z http://www.pointcarbon.com/news/1.2376212 LONDON, May 16 (Reuters Point Carbon) – Airlines responsible for 98 percent of emissions regulated under the EU Emissions Trading Scheme complied with rules to surrender a carbon permit for every tonne of CO2 they emitted last year, the EU said Thursday. Thu, 16 May 2013 10:02:30 GMT http://www.pointcarbon.com/news/1.2376212 2013-05-16T10:02:30Z http://www.pointcarbon.com/news/1.2376196 LONDON, May 16 (Reuters Point Carbon) – Emissions of carbon dioxide regulated by the EU Emissions Trading Scheme fell 2 percent in 2012 compared with the previous year, doubling the scheme’s carbon permit surplus to 2 billion allowances, the EU Commission said on Thursday. Thu, 16 May 2013 10:00:02 GMT http://www.pointcarbon.com/news/1.2376196 2013-05-16T10:00:02Z http://www.pointcarbon.com/news/1.2376109 LONDON, May 16 (Reuters Point Carbon) - The EU sold 3.462 million spot EU carbon permits on EEX on Monday for 3.47 euros each, according to traders. Thu, 16 May 2013 09:01:07 GMT http://www.pointcarbon.com/news/1.2376109 2013-05-16T09:01:07Z