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Power plants, refineries top Washington state carbon pollution

2013-12-29 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Power plants and refineries continue to rank among the biggest emitters of greenhouse gas emissions in Washington in 2012, according to the latest data reported to the U.S. Environmental Protection Agency. In 2012, 90 large sources in the state reported releasing a total of 19.2 million metric tons of carbon dioxide, methane and other greenhouse gases, about an 8 percent drop from the year before, the data shows. The TransAlta coal-fired power plant in Centralia continued to be the single largest...

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Rethinking How to Split the Costs of Carbon

2013-12-24 22:22:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: It is probably a safe bet that very few Americans unwrapping a brand-new iPhone left under their Christmas tree are thinking about its impact on the global climate. I have some good news for them, and some bad. No, Apple hasnt managed to produce the device without adding heat-trapping carbon to the air. The company expects an iPhone 5s to inject 70 kilograms about 154 pounds of carbon dioxide equivalent into the atmosphere over its lifetime, 11 pounds less than the iPhone 5 that Apple introduced...

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Expected to be China's biggest, Guangdong carbon mkt begins briskly

2013-12-22 00:21:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The first day's trading in what will be by far the largest carbon market in China kicked off briskly on Thursday with pricing in line with expectations, as Beijing continues its drive to slow its rapid growth of heat-trapping emissions. Volumes in Guangdong's carbon permit market, expected to be the world's second largest in terms of carbon dioxide covered, in early trade surpassed full-day totals during the launches of the country's three other carbon exchanges. China, the world's biggest...

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EU carbon prices hit seven weeks high

2013-12-22 00:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Recorder: European carbon prices hit a seven week high on Wednesday in thin trade and on the back of an absence of government auctions of permits. The December 2014 EU Allowance (EUA) contract hit 5.09 euros during the session, its loftiest level since Oct. 30. The benchmark futures fell back to 5 euros at the close, 1 cent down on Tuesday's settlement. "Prices moved up and down in very thin volume but it looks like the market is more comfortable around five euros," a trader said, adding that the...

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Chinas Guangdong starts worlds second-biggest carbon exchange

2013-12-21 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Chinas southern province of Guangdong began trading permits on the worlds second-biggest emissions-trading system at the highest price in the nation. Seven trades covering 120,029 metric tons of carbon emissions were completed at 60 yuan ($9.90) to 61 yuan a ton on the first day at the China Emissions Exchange, it said yesterday in an e-mailed statement. Guangdong, capping emissions at 388 million tons this year, will be the biggest carbon market after the system in the European Union, Charlie...

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