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Emissions trading - Emissions trading in Europe is focused around the trading of EUAs (European Emissions Allowances) or "carbon credits".  There are several other types of Emissions credits including CER's (Certificates of Emissions Reduction), ROCs (Renewable Obligation Certificates), as well as others.  The actual trading of these certificates occurs both on exchanges and perhaps in greater volume OTC (Over The Counter) i.e. counterparty to counter party.
In the U.S. Emissions trading centres around sulfur dioxides (SOX) and nitrogen oxsides (NOX)
 
At present we are in the second phase of the European Emissions Trading Scheme or the EU ETS.
Phase 2 sets out Emissions levels for 2009-2012

 CO2 NEWS

 

 

 

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Exchanges

ECX/ICE Exchange Carbon (EUA) prices

EEX Carbon (EUA) spot prices

EEX Carbon (EUA) Futures prices

 

Emissions certificates

EUA - European Union Emissions allowance - These are carbon credits issued by the European Commision under the EUETS(European Emissions Trading Scheme). 

Prices -  availible on ICE, Nordpool

 

CERs- Certificates of Emission reduction - These are certificates issued by the clean development mechanisim branch of the united nations.

Prices - Availible on ICE, Nordpool

 

LEC - Levy exemption certificates -These are electronic certificates issed monthy by OFGEM (the office of gas and electricity markets) they are issued to generators of renewable energy to give them exemption to the climate change levy- more

Current level - £4.70

 

ROCs - Renewable Obligation Certificates - A Certificate issued to a generator of renewable electricity in the UK

Current level - The buy-out price will be £36.99 per Renewables Obligation Certificate (ROC). The buy-out price sets the rate which suppliers need to pay if they do not present sufficient numbers of Renewables Obligation Certificates (ROCs) to meet their obligations under the scheme.* source OFGEM

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Swedish El Certificates - One electricity certificate is issued to each producer who, in an approved plant, produces and meters one megawatt-hour of electricity from renewable energy sources or from peat. Electricity from the following energy sources entitles its producers to certificates:
Wind power•
Solar energy•
Wave energy•
Geothermal energy •
Biofuels, as defined in the Ordinance (2003:120) Concerning • Electricity Certificates
Peat, when burnt in CHP plants•
Hydro power:

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Data providers

Point carbon

http://carma.org/

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           What is it?   An undersea generator making electricity from the underwater currents.