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Shell Violated Air Permits for Arctic Ships, E.P.A. Says

2013-01-11 20:46:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The Environmental Protection Agency says that Shell committed numerous violations of the air pollution permits for its two Arctic drill ships, adding to the companys catalog of Alaskan offshore woes. The agency said late Thursday that the drill ships, the Noble Discoverer and the Kulluk, had repeatedly allowed excess nitrogen oxides to escape during the abbreviated 2012 drilling season last summer and fall. The violations were discovered during E.P.A. inspections and through Shells self-reporting...

Tags: air says ships shell

EU Sells 3.5 Million EU Carbon Permits Below Market Price

2013-01-09 14:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The European Union sold 3.5 million prompt carbon emission permits at a lower price than bids on the open market, signaling lower demand for the allowances. The auction price was 6.35 euros ($8.33) a metric ton, according to data from European Energy Exchange AG, the EUs appointed auctioneer. Carbon permits eligible from 2013 through 2020 for delivery within two days were bid at 6.38 euros and offered at 6.46 euros a ton when the auction closed at 11 a.m. Berlin time, according to data from ICE...

Tags: price market million carbon