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Emissions Trading Reforms Raise Pollution Permits Price

2013-07-04 17:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Critical reforms to Europe's flagship scheme for cutting carbon emissions were passed for the first time on Wednesday in the European parliament. The move immediately caused the price of pollution permits, currently near rock bottom, to rise. Policymakers believe a higher price is essential to encourage more greenhouse gas reductions. The EU emissions trading scheme, the largest in the world and now being replicated in China, is intended to tackle climate change by reducing CO2 emissions across...

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After Failed Attempt in April, Europe Approves Emissions Trading System

2013-07-04 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The European Parliament approved on Wednesday a measure intended to revive sagging prices and confidence in the European Unions emissions trading system, the centerpiece of Europes effort to cut greenhouse gases and a model for similar systems around the world. The vote had taken on symbolic importance because Parliament had rejected a similar proposal in April. That vote threatened the carbon trading system, which has been emulated globally as a way of using markets to curb greenhouse gases....

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Houston residents accused of insider trading in Dow deal

2013-07-03 22:25:15| Chemicals - Topix.net

Three men, including two from the Houston area, have been charged with insider trading by the U.S. Securities and Exchange Commission.

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Stocks edge gain in early trading on Wall Street

2013-07-02 17:06:56| Auto Dealers - Topix.net

Stocks gained early Tuesday, led by financial companies, in quiet trading ahead of the July 4th holiday in the U.S. Ford got a boost after reporting its best June for auto sales since 2006.

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WTI Crude Nears $100 A Barrel As Trading Surges To 16-Month High

2013-07-02 09:25:00| OGI

Crude rose to a 14-month high as Egypts political showdown escalated as hundreds of thousands massed to demand the departure of President Mohamed Mursi.

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