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Carbon Prices to Remain Depressed Despite Climate Pact, Analyst Says

The extension of pollution limits under the Kyoto Protocol at the UN climate talks in Doha, Qatar likely won’t help reduce a surplus of carbon offsets and emissions allowances that have dampened prices. The agreement to extend the Kyoto Protocol to 2020 only covers about 15 percent of emissions worldwide. Countries’ … Read more »

UN Climate Talks Extend Kyoto; Deal for Damage Aid

Nations at the United Nations climate talks in Doha have agreed to extend pollution limits under the Kyoto Protocol to 2020, and a handful of countries, not including the United States, have taken on new carbon-cutting targets and made concrete financial pledges for climate change adaptation aid to poorer nations. … Read more »

UN Climate Talks Roundup: EU, US Balk at Funding Pledges

The European Union and the United States refused at the United Nations’ climate talks in Doha to commit to concrete climate funding for poor nations, while India continued to balk at any agreement requiring developing countries to reduce greenhouse gas emissions from agriculture. The UN climate talks, which got underway … Read more »

UN Climate Talks May Streamline Negotiations

Delegates from nearly 200 countries are trying to streamline their negotiations and focus on one track at the UN climate talks in Doha, Qatar, in an effort to simplify the drafting of a more stringent worldwide treaty on greenhouse gas emissions. The delegates plan to close two parallel strands of … Read more »

UN Climate Talks Roundup: Credit Surplus, Finance Showcase, Rising Sea Levels

Here is the latest news from the United Nations’ climate talks in Doha, Qatar, where representatives from nearly 200 countries are working on a second round of pledges to reduce emissions ahead of the Kyoto Protocol’s expiration. Carbon Market Watch, Greenpeace, International Rivers, WWF International and more than 150 other … Read more »

Modest Hopes for UN Climate Talks

The United Nations’ climate talks got underway Monday in Doha, Qatar with negotiators and experts expressing modest expectations for the two-week global conference, which will center on laying the groundwork for a new emissions cap-and-trade agreement as the Kyoto Protocol’s expiration looms. The negotiations leading up to Doha have been … Read more »

Glut of Offsets Threatens Global Carbon Market

The Kyoto Protocol’s emissions offset market is oversupplied by 13 billion metric tons of carbon dioxide, more than 1,000 times greater than the anticipated demand of 11.5 million mt, according to analysis by Thomson Reuters Point Carbon. The surplus in the first Kyoto commitment period (2008-2012) could compound in the … Read more »