Lack of climate bill hinders carbon storage, fed agencies say - The Hill's E2-Wire

Technologies to trap carbon emissions from coal-fired power plants and store them underground face no “insurmountable” barriers to widespread adoption, but the lack of climate legislation is a big stumbling block, a new federal report concludes.

ICE cuts staff at Chicago Climate Exchange-sources | Reuters

prices for the carbon credits traded on the bourse since its 2003 launch, which were based on voluntary but legally binding emissions reduction commitments by its members, have crashed to around 10 cents a tonne from all-time highs of over $7 in 2008, and trading volumes have largely dried up.

Last week, ICE chairman and CEO Jeff Sprecher said the CCX may be pared due to a lack of profitability and that ICE is now seeking feedback about what to do with the exchange.