Environment

China, Not UN, Dictates Supply for Carbon Offsets, Stanford's Morse Says China’s power to set prices for electricity from windfarms is dictating the supply of tradable emission credits in the UN carbon market, the world’s second biggest, according to a report from Stanford University.

Premier Wen Says His Conscience Is Clear Over China Role at Climate-Summit Chinese Premier Wen Jiabao defended China’s conduct at the December climate-change meeting in Copenhagen, saying he skipped a leaders’ meeting because his delegation hadn’t been formally notified.

Monsanto May Have Antitrust Edge as Protecting Patents Trumps Competition Monsanto Co., facing antitrust probes into its genetically modified seeds, may benefit from previous court rulings in which intellectual property rights trumped competition concerns, antitrust lawyers say.

Climate Exchange Shares Advance After Company Returns to Profit in 2009 Climate Exchange Plc, the owner of emissions markets in London and Chicago, rose the most in six weeks in the U.K. capital after returning to profit last year as carbon-trading volumes surged.

E.ON, Scottish Power Win U.K. Funding for Carbon Capture Demonstration E.ON AG and Iberdrola SA’s Scottish Power unit won an undisclosed amount of U.K. government funding to study technology that captures carbon dioxide from power plants and pumps it underground.

Carbon Emission Allowances Draw Higher Price in U.S. Northeast Auction Carbon dioxide permits in the U.S. Northeast’s cap-and-trade market drew higher prices at auction than the last offering.

Bloomberg Wind Energy Index