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Carbon Trading

Apple a laggard in climate-change plans, report says

Correction at 8:10 a.m. PDT: Nike's score has been fixed.

IBM, Google, and Microsoft apparently are model citizens when it comes to reducing their carbon footprint, while Apple has a long way to go.

Climate Counts, a nonprofit funded by yogurt maker Stonyfield Farm, released on Wednesday its annual assessment of corporations' actions related to addressing climate change and whether they live up to their "green" marketing claims.

Climate Counts uses public information to rank companies in all industries.

The electronics and IT industry had the best industry ranking with a score of 56 on … Read more

A crack at pricing carbon in the U.S.

The first regulated carbon market in the U.S. will take its cue from eBay.

The Regional Greenhouse Gas Initiative (RGGI, pronounced "Reggie") is scheduled to go online September 10. It's a cap-and-trade system for carbon that electric power generators in 10 Northeast states need to participate in.

An online auction company called World Energy won the bid to write the software that utilities will need to use.

I spoke with World Energy Solutions to get a feel for the mechanics behind carbon trading at RGGI. In a nutshell, it's a blind online auction where power … Read more