Energy

US cannot cope with power demand: Nerc

Electricity usage in the United States is projected to grow more than twice as fast as capacity growth over the next 10 years, the North American Electric Reliability Corporation (NERC) has warned in its 2007 Long-Term Reliability Assessment.

Breaking the chain

Most gas sold in continental Europe is still priced against oil products, even though the rationale for this link has waned. But some end-users have had enough. Oliver Holtaway reports

A climate of change

Proposals for an emissions trading scheme in Australia have met with widespread support from industry. However, some stakeholders are questioning what the impact will be on their business, and some believe an ETS alone may not be enough to meet…

An unfair competition

As one of the largest importers of natural gas in the European Union, Italy is a clear example of why liberalisation is harder in net importing countries. Alberto Cavaliere, professor of public economics at the University of Pavia, looks at the state of…

Birth of a new swaps market

Compliance traders in the EU emissions trading scheme will be able to import project-based CERs to meet their requirements from 2008 onwards. Andreas Arvanitakis of Point Carbon reports

Onward with offsets

Awareness of the effect of carbon emissions on climate change has driven growth in the market for voluntary carbon offsets. So who is getting involved, and why? Roderick Bruce finds out

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