Tuesday, 5 May 2015
Last updated 2 hours ago
Feb 11 2009 | 6:52am ET
Allowances worth $118 billion for four billion tons of carbon emissions changed hands worldwide in 2008, according to investor information firm New Carbon Finance, an increase of 42% in the number of transactions over 2007.
Higher trade volumes and prices resulted in an 84% year-on-year increase in market value in 2008, according to the research firm, which analyzes the world’s carbon markets.
The European Union Allowance (EUA) market accounted for 70% of carbon emissions trading volume and 80% of value in 2008. One EUA permits the emission of one ton of carbon dioxide or an amount of any other greenhouse gas of equal global warming potential during a specified period.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…