California
Off-take deal targets West coast REC demand
Long-term REC off-take deal hedges West coast renewable energy compliance needs out to 2030; RECs demand expected to increase
Ferc to re-examine wider impact of California power crisis
Ferc to re-examine wider impact of California power crisis
SEC charges former UCB executives with misleading investors
SEC charges former UCB executives with failing to disclose losses that led to the bank crashing in 2009
Former hedge fund manager settles charges in Galleon insider-trading case
Former hedge fund manager Steven Fortuna will pay $300,000 to settle charges in the Galleon Management insider-trading case
US cap-and-trade: efforts to standardise agreeements
Setting the standard for US carbon trading
California carbon scheme delay “prudent”: EDF
California's decision to delay carbon trading compliance until 2013 “will give the cap-and-trade programme it’s best chance of success”, says AB 32 co-sponsor
US carbon outlook: John Melby, GreenX
John Melby of Green Exchange (GreenX) discusses the current carbon market in the US, the potential for international links in the future and the emergence of other environmental markets such as water
Further uncertainty for US carbon trading
Californian carbon cap-and-trade scheme suffers legal set-back on road to 2012 start date
Tackling the Californian deficit
The state we're in
Q&A - Tom Lewis, CEO of the Green Exchange
Ready for takeoff
Carbon report: State of play for US cap and trade
State of play
Fears about California budget "valid", says state treasurer
Lockyer warns California may miss budget revenue targets
FERC inquiry to tackle price distortions
The US Federal Energy Regulatory Commission (FERC) has launched an inquiry into spot market price caps in the Western Electricity Coordinating Council (WECC)
Isda AGM: Greek CDS reflects fundamentals, says UniCredit's Lim
High credit default swap spreads on Greece reflect real concerns, not speculation, and demonstrate the product's usefulness, Isda heard on Friday.
Risk.net readers back California's CDS reporting demand
A recent online poll found a small majority backing California's demand for banks to reveal their involvement in the state's credit default swaps.
Oracle adds Basel II functionality to its compliance platforms.
Oracle, the world’s largest software company based in Redwood Shores, California, has added the Reveleus Basel II solution to Oracle’s enterprise risk management and compliance platforms.
Time-series pioneers share Nobel Prize for Economics
Recipients’ work on the analysis of time-series data has provided powerful mathematical tools for research in derivatives pricing, risk management and economics
CME to list European weather contracts; jettisons weatherXchange plan
The Chicago Mercantile exchange (CME) will begin to offer European weather derivatives, referenced on five cities’ temperatures, from October 3.
California’s master plan
California’s energy regulators have an action plan to upgrade the electricity system. But if they don’t add generation, shortages could again hit. Kevin Foster reports
End of the road for California?
A bill aiming to re-regulate the California energy sector is progressing through the state’s legislature. Does this spell the end for California’s troubled experiment with deregulation? Kevin Foster finds market participants split over the issue