Asia Carbon secures single largest CDM contract from Indian Public Sector Press Release - May 12, 2008 Asia Carbon and consortium partner Senergy Global secured one of the metal sector’s largest CDM advisory project with the Steel Authority of India Limited (SAIL), a Government of India Enterprise. SAIL is India's largest steel producing company with a turnover of around US$ 10 Billion and is among the top five highest profit earning corporations of the country. Five (5) integrated steel plants of SAIL located at Bhilai, Bokaro, Durgapur, Rourkela and Burnpur shall implement these projects which will amount to more than 5 million carbon emission reductions per annum. Asia Carbon is the lead consultant for the project, with the 38 identified projects under SAIL covering different sectors expected to be completed by 2009.       Carbon Nil and Asia Carbon Registry confirm carbon-neutral status for first Singapore SME Press Release - May 12, 2008 Jacob’s Cafe, a small Changi Village-based restaurant which opened in 2000, is the first participant in Asia Carbon Global’s Carbon Nil programme, making it Singapore’s first SME to become carbon neutral. For the past six months, Mr. Lim Tow Soon, Jacob’s Cafe’s proprietor and General Manager, has been working with ACG and with AUM Business Creation’s Mr. Per Dahlen to help make real Asia’s first Carbon Neutral programme for individuals, retail enterprises, and small- and medium-scale enterprises (SMEs). For the first time in Singapore, Carbon Neutrality will no longer be limited to larger corporations. The new Carbon Nil platform, which Asia Carbon Global launched last year with UNFCCC-approved verifier TUV Nord, provides any individual, retailer, or SME the opportunity to address their own environmental impacts and discharge these responsibilities without undertaking any large investments or complex administrative solutions. In the case of Jacob’s Cafe, its relevant greenhouse gas (GHG) emission sources for the year 2007 were assessed and measured by a team of CDM experts. This carbon footprint was then evaluated and verified by TUV-Nord, and a certification issued to confirm the emissions calculations. Through Carbon Nil, Jacob’s Cafe then purchased the equivalent voluntary emissions reductions (VERs) issued from green projects in the region, and then used these to offset its carbon footprint. Employing Asia Carbon’s Registry technology, the VERs are properly tagged and monitored so that they are permanently retired from the system. Jacob’s Cafe intends to provide its clients with the opportunity to share in this programme by including a “carbon neutral charge” of 0.75% of the total bill. Simply put, each $100 spent in Jacob’s Cafe will mean an additional 0.75 cents for a carbon neutral dinner at the restaurant. It is hoped that this demonstration showing how one’s carbon footprint can be truly offset with real and effective steps.       First batch of issued CERs from Indonesia. Press Release - May 12, 2008 PT. Asia Carbon Indonesia, formerly known as DP SOLUSI, announced the issuance of CERs from the utilization of alternative fuel in cement manufacturing facilities in Indonesia for PT. Indocement Tunggal Prakarsa Tbk. This is the first Indonesian CDM project to generate carbon credits, and is included in the World Bank PCF (Prototype Carbon Fund) portfolio. On 14 and 27 March 2008, the CDM Executive Board approved the issuance of CERs based on the initial and first verification activities for the use of an alternative fuel in cement manufacturing facilities in Indonesia. The CERs issued is for the crediting period from 01 January 2005 to 31 July 2007 and, based on both verifications, amount to 80,967 tons of CO2e. Ms. Architrandi Priambodo, Country Director of PT. Asia Carbon Indonesia, has been involved in the project and has assisted throughout the CDM cycle, starting from the completion of PDD to assistance in the validation, registration and finally, the verification processes. Besides the mitigation of Greenhouse gas (GHG), the project would also help Indonesia in maintaining environmental sustainability by allowing for the replacement of fossil fuels with biomass and other alternative fuels in cement kiln as well as creating an option for the growing waste disposal problem. With the combination of global network and local experiences, PT. Asia Carbon Indonesia currently provides a complete chain of Carbon Advisory Services and carbon trading facilitation service, including development of CDM and other carbon credit/offsets projects, development of carbon footprint assessment, development of GHG inventory and carbon due diligence.       Asia Carbon posts first Biomethanisation-based grid connected project in Singapore. Press Release - May 12, 2008 Asia Carbon Pte Ltd, together with DOE TUV-Rheinland, has posted for global consultation, the Project Design Document (PDD) for the first food waste-to-energy undertaking in Singapore. The project is also Asia’s first major organic biomethanisation-based grid connected power plant project that is based on food wastes and is expected to generate approximately 11,000 CERs. The project is envisaged to help Singapore in maintaining environmental sustainability by allowing for the replacement of fossil fuels with carbon neutral and other alternative fuels. It is also in line with Singapore’s National Climate Change Strategy where energy efficiency has been identified as the island-nation’s key strategy in addressing climate change. ACPL is also currently working on other projects in Singapore that concerns Waste Heat Recovered (WHR) based cogeneration and Tri-generation, where the utilization of renewable energy is harnessed to generate thermal energy and power. In addition, it is looking at other projects like methane capture from wastewater treatment, fuel switch and oil recycling projects.       Asia Carbon Global selected for AU-NETS panel as it launches Australia Office Press Release - May 12, 2008 Asia Carbon Emissions Management India Pvt Ltd and a top energy and environment engineering company in India have identified its Programmatic CDM (pCDM) efforts for the latter’s equipment: (a) biomass-fired boilers, (b) incidental power turbines for biomass-based and waste hear power plants, (c) absorption-based chillers using exhaust, steam, or heat, and (d) biomass-fired thermal oil heaters. The chillers and biomass fired boilers will be the first set of equipment which will undergo the evaluation for pCDM. The PDDs for both have already been completed and will soon be submitted to the DNA of India. Programmatic CDM is an ideal tool for clean energy equipment manufacturers. By utilizing the pCDM, it provides manufacturers the unique opportunity to mobilize all its clients under one umbrella of CDM activity for each type of clean energy project.  The pCDM involves development of a master CDM Project Document and each client’s similar project activity will be added to this master document upon installation over different periods of time. An added advantage is the ability to incorporate projects in identified regions and geographic locations. For this, Asia Carbon India and its partner have plans to cover future markets for its businesses in Malaysia, Sri Lanka, the Philippines, Nigeria and Kenya. The Cooperative and Definitive Agreements for the endeavor were signed in December 2007 in Chennai, India and constitutes ACG’s first foray into the new realm of CDM projects planned as such programmes of activities. Asia Carbon India is also developing a few other pCDM projects in the telecommunications and transport sectors.       Asia Carbon Global announces start of Thailand operations. Press Release - May 12, 2008 Asia Carbon Global will be opening its offices in the Kingdom of Thailand with the establishment of Asia Carbon Emissions Management Thailand Ltd. The company, which will formally start operations in the 3rd quarter of 2008, will offer its spectrum of services ranging from carbon advisory, carbon finance, carbon trading and asset management.       ACX-Change transacts 754,783 CERs on behalf of a European Leading Power Utility Company. Press Release - May 12, 2008 ACX-Change the CDM project-based online trading platform of Asia Carbon Global, organized an online CERs Auction and a Closed Bid Tender for a leading European power utility acting as a Single Seller of Secondary Forward Non-Guaranteed CERs (sCER) for both the trading events in April 2008. Five Chinese Renewable Energy Projects with a total volume of 754,783 sCERs were transacted out of total 9 (nine) projects offered on the platform with a total transaction value of more than 9 Million Euros. Buyers who participated on these trading events are based in The United Kingdom, The Netherlands, France, The United States and Finland. The price bids by buyers varied between € 7.00 and € 13.15 for different projects. This is the first Secondary Forward Non-Guaranteed CERs transacted through ACX-Change which has traded 3.6 Million CERs from its regular monthly Primary CER Auctions since 2005.       ACX-Change launches new Exchanges in Japan and Korea Press Release - May 12, 2008 As part of its Internationalisation plan, ACX-Change is proud to announce the launches of ACX-Japan and ACX-Korea. ACX-Japan is launched in partnership with Sojitz Corporation's trading arm CoalinQ and will include both Japanese and English interfaces for the buyers from Japan. ACX-Korea is the partnership with Korea's leading CDM Advisory Group, Ecoeye, and will likewise have Korean and English interfaces for Korean users The first integrated auction involving ACX-Change, ACX-Japan & ACX-Korea is scheduled for May 21st, 2008.       ACX-Change announces execution of ERPA between Indian Seller and Japanese Buyer Press Release - May 9, 2008 ACX-Change, the Singapore based online exchange platform announced the execution of the Emissions Reduction Purchase Agreement between an Indian seller and a Japanese buyer for a registered CDM project from Southern India. Kansai Electric Power Company, the second largest utility company from Japan was the buyer for this project and the seller was TCP Limited India The registered CDM project is a 9 MW grid-connected biomass power plant from Southern India with an estimated generation capacity of 200,000 CERs until 2012. The transaction of the CERs on a forward basis from this project was carried out on the ACX-Change auction. This project is one among the 80+ CDM projects developed by Asia Carbon India, a Company under Asia Carbon Global.       Asia Carbon Global at Carbon Expo 2008 Press Release - May 7-9, 2008 Asia Carbon Global is participating at the 2008 Carbon Expo at Cologne, Germany from 7 – 9 May 2008. Visit our booth at Hall 11.1 Aisle B. No 71 and know more about Asia Carbon and its following recent activities: Asia Carbon Global selected for AU-NETS panel as it launches Australia Office Asia Carbon Global announces issuance of first CERs for Indian client Asia Carbon secures single largest CDM contract from Indian Public Sector Carbon Nil and Asia Carbon Registry confirm carbon-neutral status for first Singapore SME First batch of issued CERs from Indonesia Asia Carbon posts first Biomethanisation-based grid connected project in Singapore Asia Carbon India and strategic partner launch Programmatic CDM efforts Asia Carbon Global announces start of Thailand operations ACX-Change transacts 754,783 CERs on behalf of a European Leading Power Utility Company ACX-Change launches new Exchanges in Japan and Korea ACX-Change announces execution of ERPA between Indian Seller and Japanese Buyer       ACX-Change transacts 754,783 CERs on behalf of a European Leading Power Utility Company Press Release - May 2, 2008 Asia Carbon Exchange (ACX-Change), the first CDM Project based trading platform of Asia Carbon Global, organized an Online CERs Auction and a Closed Bid Tender for a leading European Power utility acting as a Single Seller of Secondary Forward Non-guaranteed CERs (sCER) for both the trading events. Five Chinese Renewable Energy Projects with a total volume of 754,783 sCERs were transacted out of total 9 (nine) Projects offered on the platform with a total transaction value of more than 9 Million Euros. Buyers who participated on these trading events are based in The United Kingdom, The Netherlands, France, The United States and Finland. The price bids by buyers varied between € 7.00 and € 13.15 for different projects. This is the first Secondary Forward Non- Guaranteed CERs transacted through ACX-Change which has traded 3.6 Million CERs from its regular monthly Primary CER Auction. The new and improved ACX-Change online trading platform invites its members to access the trading platform for transacting CERs and VERs. Please contact ACX-Change for more detailed information and registration procedures to ensure your place on the upcoming Carbon Trading events on the ACX-Change. About ACX-Change: The ACX-Change is a member of Asia Carbon Global, a group that has a global presence, with offices in Europe and Asia Pacific . The Asia Carbon Exchange (ACX-Change) is designed as the carbon asset management of CERs generated from CDM projects in a transparent and flexible way on an online exchange platform. The ACX-Change was first launched at the Carbon Expo 2005 in Cologne and the new look was subsequently launched at Carbon Expo 2006 in Cologne. For more information please visit our websites www.asiacarbon.com & www.asiacarbonexchange.com       First CERs issued from our portfolio by the UNFCCC. Press Release - February 4, 2008 Read More       VERs from Indian Wind Project and CERs from Vietnamese Hydro Power Project purchased during latest ACX-Change auction. Press Release - February 1, 2008 Read More       Asia Carbon Exchange (ACX-Change) will be conducting a Forward Secondary CER Auction during March 2008. Press Release - January 23, 2008 Read More       The fourth project from our portfolio has been registered with the UNFCCC. Press Release - November 16, 2007 Read More       Promoting sustainable development Press Release - October 10, 2007 Click here       ACX-Change Japan goes online Press Release - October 2, 2007 Click here       ACX-Change auction records upbeat prices for CERs Press Release - October 1, 2007 Click here       MeSEB enters global market Septembert 25 , 2007 Press Release  Click here       Asia Carbon receives first Energy Business Awards, Asia 2007 Septembert 10 , 2007 Press Release  Click here       Asia Carbon Group (ACG) today launched its Indonesian operations Septembert 11 , 2007 Press Release  Click here       Asia Carbon Group (ACG) today launched its Indonesian operations Septembert 10 , 2007 Press Release  Click here       Asia Carbon Asset Development Facility Ltd organizes Seminar on "Carbon Credit Route under Kyoto protocol" in Karachi September 5 , 2007 Press Release Click here       CERs from Indian Wind Project purchased during latest ACX-Change auction September 4, 2007 Press Release  Click here       Oliver Holtaway speaks to Asia Carbon Exchange’s N Yuvaraj Dinesh Babu about the future of carbon trading in Asia August 15 , 2007 Press Release  Click here       ACX-Change secures European buyer for purchase of Indian VERs August 6 , 2007 Press Release  Click here       CER transaction from Japan, a first for ACX July 2, 2007 Press Release  Click here       Asia Carbon announces approval of a new consolidated baseline and monitoring methodology, ACM0011 July 2, 2007 Press Release  Click here       Asia Carbon Emission Management India (P) Ltd wins Golden Peacock Eco-Innovation Award June 9, 2007 Press Release  Click here       ACX-Japan Press Release at Carbon Expo. May 2, 2007 Press Release  Click here       ACX-Change launches ACX-Change Japan with Sojitz Corporation. - April 27, 2007 Press Release  Click here       ACX auction sees 700,000 carbon credits transact Point Carbon April 19, 2007 London — The Asia Carbon Exchange (ACX) which brings together buyers and sellers of carbon credits from greenhouse gas reduction projects, saw almost 700,000 credits transact in its latest auction, according to a source at the exchange.A European trading house bought 692,333 certified emissions reductions (CERs) out of 2 million on offer, the source said. The credits will be sourced from a hydroelectric project in China at a cost of €10.40 per credit. The project has been approved by China and has been submitted for registration by the clean development mechanism executive board, the UN body governing rules on Kyoto carbon credits. The lowest bid from buyers was €10.00, while the highest bid was €13.03, which were for CERs already issued by the EB. On the sell side, the lowest offer was €10.50, while the highest amount asked was €16.00, which were for CERs from a registered project. The price is higher than the usual amount paid for CERs in China, which tend to trade at between €8-10. Although credits from renewables projects generally fetch more than the average price for CERs in China, premiums are highest for carbon credits from wind power projects, sources claim. CERs are carbon credits generated from emissions reduction projects in developing countries and can be used by rich countries to meet their Kyoto targets, or by companies to comply in regional cap-and-trade schemes such as the EU emissions trading scheme.       Next Kyoto offsets auction set for April 17, 2.5 million credits Emissions Daily April 11, 2007 London — Asia Carbon Exchange (ACX-Change) has scheduled its latest Certified Emission Reduction auction for April 17, when it will offer around 2.5 million CERs for sale. The exchange’s previous auction was held March 30, in which some 2 million CERs were offered, but no deals were concluded, according to ACX-Change’s Dinesh Babu. “The best bid was just over €10 [$13]/mt,” he said. The March 30 auction also offered CERs from a Chinese hydro project, with the project sponsor seeking an upfront payment for its CERs, rather than the more usual payment on delivery terms that previous deals have employed. The next auction will offer all the CERs that were unsuccessfully offered on March 30, as well as new CERs from a hydro project. CERs on offer will also come from wind, biomass and waste heat recovery projects. According to ACX-Change, 65% of the CERs to be auctioned are under validation, 10% have been validated and are being submitted for registration with the Clean Development Mechanism’s Executive Board, while 25% have already been registered. The April 17 auction will introduce some new features, the company said, including a 26-hour bidding period to allow potential buyers from around the world to participate.       ACX to auction 2 million carbon credits next week Point Carbon April 11, 2007 Asia Carbon Exchange, the Singapore-based platform that brings together buyers and sellers of international carbon credits, will next week hold an auction of around 2 million emissions reductions. ACX said certified emissions reductions (CERs) from projects in four Asian countries will be available for bids from buyers of carbon credits, including greenhouse gas reduction schemes in locations that so far have failed to feature prominently in ACX's portfolio. CERs are carbon credits generated from emissions reduction projects in developing countries and can be used by rich countries to meet their targets under the Kyoto Protocol, or by companies to comply in regional cap-and-trade schemes such as the EU emissions trading scheme. "The ACX-Change online auction scheduled for 17th April 2007 assumes a significant milestone due to the participation of the Chinese and Korean CDM projects,ACX said in a press release. ACX added that the CERs pooled together for next week? auction would come from projects in India, Sri Lanka, China and South Korea, in sectors including hydro, wind, waste heat recovery and biomass. ACX said about 65 per cent of the projects are under validation, meaning that they are in the process of being audited by third party certification companies, 10 per cent have been validated by these auditors and are in the process of being submitted for registration to the United Nations. ACX added that 25 per cent of these projects had been registered by the CDM Executive Board, the UN body that issues carbon credits. However it is not clear how many of the 2 million CERs up for auction are included in these categories. Overall, 85 per cent of the projects listed by ACX had got approval from national governments, which enables the schemes to be sent to the EB for approval. ACX has been holding auctions regularly since late 2005, but so far only 2.36 million CERs have been traded, almost exclusively from projects in India and Vietnam. Auctions of CERs on ACX have tended to show a large price gap between the bid and offer price, which in an auction in November last year was around €3.50. At that time, some participants in the wider market for CERs claimed that the current prices seen on the exchange did not reflect the price at which deals are being done in the bilateral market. But ACX has pointed out that some bids in its auction had outstripped the price of European Union allowances for use in the second phase of the European emissions trading scheme. Currently, the price of EUAs for 2008 delivery is around €17, while primary market CERs, depending on the level of delivery risk, currently trade between €6 and €11. - Oslo       Asia Carbon Group announces first anniversary of its Indian Operations March 23rd, 2007, HindustanTimes Click here       Asia Carbon Group announces first anniversary of its Indian Operations - March 20th, 2007 Press Release   Click here       Asia Carbon Exchange and LogicaCMG sign Memorandum of Understanding - March 19th, 2007 Press Release   Click here       Asia carbon exchange sees growth after slow start By Yaw Yan Chong Reuters, Friday March 23, 2007 SINGAPORE, March 23 (Reuters) - Activity on Asia's first exchange geared towards trading Kyoto-related carbon emissions credits should pick up next year as the second phase of the pact goes into force, an exchange official said. Since its launch in mid-2005, the Singapore-based Asia Carbon Exchange (ACX) has traded about 2.4 million Certified Emission Reduction (CER) credits, said N Yuvaraj Dinesh Babu, the carbon trading director with the ACX. A CER is equivalent to one tonne a year of reduced carbon dioxide-equivalent greenhouse gas generated by an investment in a developing nation certified by the United Nations. About 214 million CERs had traded in Europe and Japan through September last year, he said. "It's been a slow start, with most of the activity coming from Clean Development Mechanism (CDM) projects in India," he told Reuters on the sidelines of an industry conference. "There has been little activity from China as most parties prefer direct bilateral deals rather than unilateral ones involving the exchange," Babu said. Activity was also curtailed by a meltdown in prices in Europe last year that saw many players banking their credits rather than trading them on the exchange and by the imminent expiry of Phase 1 of the Kyoto Protocol by the end of this year, he said. However, he expects more activity from next year when the Protocol enters its second phase, from 2008 to 2012, and is in talks to list carbon credit derivatives on stock exchanges in Singapore and India. He did not say when this might happen. CERs on the exchange are currently trading at around 13 to 14 euros per tonne, he said. Over-the-counter brokers pegged both Dec 2008 delivery and the Dec 2008-Dec 2012 CER strip at just over 80 percent of the value of European Union allowances (EUAs), which closed on the European Climate Exchange at 16.45 euros on Thursday . Carbon credit trading, under the Kyoto Protocol to reduce global emissions of greenhouse gases, operates under the principle where developed countries can buy credits and exceed pre-agreed caps on emission levels by investing in projects that cut emissions in developing nations. The European Union's allowance system emerged after the EU put in place binding caps on carbon emissions, while a global market in Kyoto-linked CER credits generated as a result of U.N.-compliant clean-energy investment has been slower to emerge. The credits are then traded in an open secondary market where polluting industrial owners can buy them to offset their emission levels or sell when prices move up. Babu said the ACX also plans to introduce trading in credits involving non-Kyoto signatories such as the U.S. and Australia. These credits are presently traded on the U.S. Chicago Climate Exchange, where power companies have voluntarily banded together to buy carbon credits to offset their emissions. It traded about 5 million tonnes last year.       CERs transacted at ACX demonstrates maturity in the CDM markets PRESS RELEASE December 15, 2006 Asia Carbon Exchange (ACX) announced today that it successfully traded CERs from 3 Indian CDM projects. The ACX auction which took place at 10:00hrs CET saw bids reach €12.10 per CER, with bids ranging between €8 to €12.10 per CER...Click here       Nairobi climate talks end in deal By Richard Black Environment correspondent, BBC News website, Nairobi Naiobi - The UN climate talks in Nairobi have ended with agreement reached on all outstanding matters. The most difficult issue, a review of the Kyoto Protocol, was settled to the advantage of developing countries. There is no deal on another round of mandatory cuts in emissions to follow the Kyoto Protocol, and no firm timetable for negotiating cuts. Environment and development groups say the measures presented here do not match the scale of the problem. Lobby groups have been active at the talks but many are unhappy "It's very clear from the Stern Review, from the latest scientific information, from the impacts we're already seeing in places like Kenya, that we need very rapid cuts in carbon emissions, and we need the negotiations to start next year and finish at the latest in 2008," said Andrew Pendleton, climate analyst with the charity Christian Aid. The agreement here sets a tentative date for beginning negotiations, and no timeframe for concluding them. "From Christian Aid's point of view that's simply not good enough, and we need some heads to be knocked together by somebody, but I don't know who that is," Mr Pendleton lamented. The theme was echoed by other campaign groups. "Ministers are simply not reflecting the urgency which is being felt in the real world," said Catherine Pearce, international climate campaigner with Friends of the Earth UK. "We are still not seeing the bold leadership which is needed here." Outstanding review Views of delegates at the UN climate conference in Nairobi The most important of the issues outstanding as the talks entered their final phase concerned the review of the Kyoto Protocol. The protocol states that it should be reviewed at this stage, with many of its measures open to discussion. A number of developing countries viewed this with suspicion, believing that it might open the door to demands that they consider binding cuts in emissions, possibly impacting economic development. They asked for, and eventually got, a minimal review. The European Union, with the support of a number of other nations, wanted a root and branch examination of emission targets and all the other components of the protocol. The plan now is for such a review to take place in 2008. To the concern of activists, the conference approved a proposal from Belarus that it be allowed to join the Kyoto Protocol in a way that could see it able to sell surplus emissions. Its emissions declined sharply after the reference date of 1990 with the decline of Soviet bloc industry, and environment groups say Belarus will be able to make money from this with no resultant drop in global greenhouse gas emissions. A proposal to allow Clean Development Mechanism funds to be used for carbon capture and storage (CCS) projects was deferred because the technology is not yet mature. African benefit Some climate change issues remain unresolved after two weeks of talks UK Environment Secretary David Milliband was upbeat about the conclusions, citing decisions to allocate more resources to Africa for clean technology and for adaptation to the impacts of climate change. However, he acknowledged there was a large gap between the emissions cuts which science suggests are necessary, and the level of political commitment to making those cuts. "I come away from this conference with two senses: one, the world community can make progress when it puts its mind to it, but two, my goodness we really need to up the momentum, we need to increase the acceleration," he told BBC News. "And for that, you don't just need environment ministers - you need prime ministers, finance ministers, and foreign secretaries to put themselves behind this global drive." Farmers in southern Australia are suffering in an exceptional drought Mr Milliband acknowledged that even alongside the welter of other international initiatives on climate, the UN process is especially important because it is the only one which can demand binding cuts in emissions. The next round of talks will be in Bali next December         Asia Carbon’s 2nd CER auction sees bids above EUA prices but no deals Emissions Daily Thursday, November 9, 2006 London — Asia Carbon Exchange’s second independent CER auction on Tuesday saw no deals concluded, according to a senior company executive... more       CER Price overcomes Dec 2006 EU Allowance Price Barrier Press Release November 7, 2006 Asia Carbon Exchange (ACX) today received bids CERs from projects offered on the exchange platform that they operate which have outdone what is commonly referred to as the benchmark December 2006 EUA price...Click here       CDM auction sees Vietnamese hydro project CERs sold at €6.75 Emissions Daily August 29, 2006 London Asia Carbon Exchange announced Monday it had completed its first independent auction of Certified Emissions Reductions from Clean Development Mechanism projects.... more       Asia Carbon Exchange’s August 24th auction hits record high price for CERs In Vietnam PRESS RELEASE – Climate Info Mailing List (Embargoed for Relase till monday August 28th, 2006 – 1000HRS CET) August 25th, 2006 Singapore Asia Carbon Exchange (ACX), the world’s first CDM-focused exchange is pleased to announce that its first independent auction held last Thursday, August 24th, yielded a record high price for CERs from a Viet Nam project, to-date... more       China suspends approval for Clean Development Mechanism projects Emissions Daily 09-Aug-06 London China's Designated National Authority has suspended host country approval of new Clean Development Mechanism projects, an official said Tuesday.... more       Asia Carbon to hold new CER auction in mid-August Emissions Daily 09-Aug-06 London Certified Emissions Reduction auction manager Asia Carbon Exchange has announced its next auction is "tentatively" scheduled to take place on August 17... more       CASH FOR OLD SMOKE By Joe Marsh Asia Risk July/August 2006 Energy Despite the lack of a mandatory, standardised scheme for trading carbon emissions in Asia, interest is growing fast in earning emission-reduction credits in the region. And several trading initiatives are under way, notably in Japan, finds Joe Marsh... Read Article       Dow Jones Interview: Asia Carbon Trading Via Exchange May Take Off By Jun Yang Of DOW JONES NEWSWIRES June 02, 2006 SINGAPORE (Dow Jones)--Asia Carbon Group expects carbon credit trading on its online exchange system to take off over the next year, after having drawn modest interest since its launch in 2005... more       Asia Carbon to decide soon on JV partner for Japan CER exchange By Point Carbon Feb. 15, 2006 Asia Carbon International, the Singapore-based company that brings together buyers and sellers of certified emissions reductions, is to launch an exchange in Japan within the next few months that will enable utilities to get better... more       THE RACE TO REACH KYOTO GOAL Japan's appetite for CO 2 credits hits fever pitch By MAYUMI NEGISHI Staff writer The Japan Times: Feb. 15, 2006 Carbon dioxide -- plants absorb it, we exhale it and millions of tons of it are being traded on markets worldwide ... more       East Meets West on Asia's New Auction Block by Careesa Gee http://ecosystemmarketplace.com HONG KONG, January 2006 The first auctions of Certified Emission Reductions generated by Clean Development Mechanism projects were held at the end of 2005, in a joint operation by New Values (Climex) and Asia Carbon Global... more       Seminars to promote online carbon trading http://www.thehindubusinessline.com January 18th, 2006 IN order to promote online carbon trading among India companies, Asia Carbon Exchange and New Values would conduct seminars in Mumbai (on January 17) and New Delhi (on January 18) ... more       Obituary 6th April 2006 We regret to inform all that the scheduled auction for 7th April is postponed in respect to the passing away of Dr. Nguyen... more       Asia Carbon Exchange CER auction sells 890,000 carbon credits Point Carbon, January 16th, 2006 The Asia Carbon Exchange said 890,000 certified emissions reductions were sold in an auction held on 13 January, up almost a third from the last auction on 16 December when 610,000 CERs wents. ... more       Second On-line auction of CERs shows significant growth - ACX-Change & New Values Press Release – for immediate release Amsterdam Tuesday, December 20th, 2005 "Friday, December 16th, 2005. - Asia Carbon Exchange (ACX-Change) and New Values (Climex) ran their second on-line auction for forward CER contracts arising from CDM projects. ... more       Creating Liquidity through an On-line Auction of CERs Press Release – for immediate release Montreal - Wednesday, 7 December 2005 "The Asia Carbon Exchange (ACX-Change) and New Values (Climex) international carbon trading platforms invite you to a side event where a panel of carbon experts will explore the challenges... more       ACX-Change and New Values Confirm Second Auction of CERs on December 16, 2005 - The Christmas CER Auction 2005 Press Release – for immediate release Wednesday, December 14, 2005 Amsterdam - Asia Carbon Exchange (ACX-Change) and New Values (Climex) have confirmed that they will conduct their second auction of CERs on December 16, 2005... more       The World’s First Online auction of CERS successful November 29th, 2005 Press Release – for immediate release Tuesday, November 29th, 2005 Amsterdam - Asia Carbon Exchange (ACX-Change) and New Values (Climex) have run the world’s first on-line auction for forward CERs contracts arising from CDM projects in Asia last Friday, November 25th, 2005... more       Article in Japanese Thursday, October 27, 2005       Click to see larger view       First auction of certified emission reductions to take place Nov 11 Emissions Daily Thursday, October 13, 2005 Source: www.platts.com London — The first online auction of forward certified emission reductions from Clean Development Mechanism projects is scheduled for November, according to organizers Asia Carbon Exchange (ACX), and New Values, which operates the Dutch Climex exchange... more       Asia Carbon Exchange & New Values Announce The World’s First Online CDM Trading Model Of CERS Press Release Tuesday, October 11th, 2005 Asia Carbon Exchange (ACX-Change) and New Values (Climex) today announced the world’s first on-line auction of forward CER contracts arising from CDM projects in Asia... more       Press Release: Paramaribo, July 15th 2005 On July 15th 2005 Asia Carbon International B.V. (ACI), represented by Mr. Steve Silos, signed a Memorandum of Understanding with the Government of the Republic of Suriname...more       Asia Carbon International B.V. inaugurates Asia Carbon Viet Nam in Hanoi Press Release Friday, August 5th , 2005 The Inauguration ceremony of the Asia Carbon Viet Nam Representative office of Asia Carbon International B.V. of The Netherlands took place last night at the Hotel Nikko in Hanoi with the blessings of the Vietnamese authorities...more       Asia Carbon develops Vietnamese CDM projects Point Carbon Website Friday, August 5th , 2005 Asia Carbon Viet Nam, a newly inaugurated office of Asia Carbon International, has developed Project Design Documents (PDDs) for three CDM projects in the country – two hydro power projects and one wind power project...more       Dutch company plans to open Exchange in Singapore for trading Carbon Emissions BNA, Inc Wednesday, June 15th , 2005 SINGAPORE--Netherland-based Asia Carbon International hopes to open Asia's first exchange for certified emission reduction certificates (CERs) under the Kyoto Protocol's Clean Development Mechanism (CDM) by the end of the year, the firm's chief executive told BNA June 6...more       First global linkages for carbon trading initiated by Asia Carbon and New Values JOINT PRESS RELEASE -Monday, June 13th , 2005 Utrecht, The Netherlands, Monday, June 13th, 2005 - Asia Carbon International B.V. and New Values, both of The Netherlands, have today formally announced that they will collaborate in carbon trading via their exchange platforms and have started the process by signing a Memorandum of Understanding (MoU) in The Netherlands, last week...more       Asian-based CER exchange set to provide focal point for market Emissions Daily Thursday, May 12, 2005 Source: www.platts.com SCologne - The first exchange-based trading system for Certificates of Emission Reduction from Clean Development Mechanism projects may only be a matter of months away from launch, according to Asia Carbon, a new regional player in the emissions field...more       Gas Emissions Trading S’pore plans Asia’s first greenhouse bourse REUTER ASIA'S first exchange to trade carbon dioxide (CO2) credits will be established in Singapore this year, giving the region's fast-growing economies a forum for funding green technology, an official said yesterday. ...more       Asia Carbon Group - Suriname Newsflash His Excellency Clifford Marica van Arbeid, the Honourable Minister of Labor, Technological Development & Environment in the Republic of Suriname...more       Asia Carbon Group to launch CER exchange The Asia Carbon Group plans to set up an electronic exchange to aggregate offers of emissions reduction credits from CDM projects... more       N. Yuvaraj Dinesh Babu as head of its Climate Change division Last week the Singapore office of Asia Carbon International appointed N Yuvaraj Dinesh Babu as head of its Climate Change division... more