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Jan. 9, 2012 Record breaking week for California carbon

Jan. 9, 2012 Record breaking week for California carbon Last week saw a huge increase in market activity as 405,000 California carbon allowances (CCAs) were traded on the Intercontinental Exchange (ICE). 260,000 CCAs were exchanged on Thursday alone, breaking the previous single-day record of 240,000. The price for CCAs dropped to $15.40 in response to

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Dec. 28, 2011 Facebook hires Google’s green director

Dec. 28, 2011 Facebook hires Google’s green director Facebook has hired former Google sustainability director Bill Weihl to improve the overall efficiency of their operations. Weihl has been brought on to shift Facebook towards renewable energy sources. A past study showed that the energy used in Facebook’s server warehouses were largely generated from heavy emitting

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Dec. 25, 2011 California carbon trades at $16

Dec. 25, 2011 California carbon trades at $16 Although market action was quiet this week, 1,000 California carbon allowances (CCAs) traded on the Intercontinental Exchange (ICE) for $16 a piece. These figures fall in line with a Thompson Reuters study that forecasted a floor price of $15-17 for CCAs in the first two years of

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Dec. 22, 2011 Energy companies await California market

Dec. 22, 2011 Energy companies await California market Early next year the California Public Utilities Commission (PUC) will approve rules determining how large public energy companies will be able to buy and sell carbon offset allowances in the state’s cap-and-trade market. Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric are

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Dec. 20, 2011 Quebec joining California in carbon market

Dec. 20, 2011 Quebec joining California in carbon market Quebec has adopted regulations to begin a cap-and-trade carbon market in 2013, with plans to merge with California’s market in the Western Climate Initiative (WCI). Quebec’s carbon market will be part of an overall initiative to reduce emissions by 15 percent below 2005 levels by 2020.

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