carbon credits

The scam of renewable energy credits.

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PetroChina gets green signal from the UN CDM Board to trade its carbon indicators equaling a little less than 1 million tons. The credits, acquired though a nitrous oxide (N2O) CDM project by Liaoyang Petrochemical, are a part of China’s biggest carbon deal.The environmental impact of nitrous oxide is around 310 times more than that of CO2. A representative of Liaoyang said [...]

KPMG has warned that UK businesses participating in the upcoming Carbon Reduction Commitment (CRC) may experience a major cash flow impact because of the scheme. The consultancy firm advised its clientele to begin appraising their CO2 emissions soon, so that they will be knowledgeable of their emissions and can prepare to go through [...]

New Zealand will host a conference of climate specialists this week where talks will be held if Aussies and Kiwis can have their emissions schemes linked with each other to have a wider range of abatement options. Critics like KPMG climate change analyst Antony Cohen believe this can shoot carbon permits prices to $40 per tonne in Australia and can also increase electricity rates by ...

Decrease in Oil Price Pulls down Carbon Prices in Europe to 5-Month Low

Australian Securities Exchange to Bring in Various Alternate Energy Futures Contracts before Launching Carbon Futures in 2009

UK: Coal-Fired Power Operator Drax Experiences Nearly 50% Cut in Profits Due to Purchase of Carbon Credits

Chinese Government Will Have to Spend US$3.25 Billion Next Year to Execute Emissions-Reduction Plan

Australia: Leading Economist Says Government’s Carbon Trading Scheme Will Fail

Working on the computer might seem like a harmless enough activity, but the fact is that computers have a fairly enormous carbon footprint. In fact, a while back it was reported that the global IT industry’s carbon emissions of two per cent of the total, puts it at par with the aviation industry as far as emissions go. Steps such as turning off your PCs , recycling etc. certainly go a long way in conserving energy but new and innovative solutions are also on the way.

Carbon credits are a component of trading schemes implemented to mitigate global warming. They provide a way to reduce greenhouse effect emissions by capping total annual emissions and letting the market assign a monetary value to any shortfall through trading in similar way as the market values stocks of publicly trading companies. Credits can be exchanged between businesses or bought and sold at the prevailing market price. They can be used to finance carbon reduction schemes between trading partners and around the world.

Worldwide, computers are responsible for the same quantity of carbon emissions as the airline industry. It is a serious problem that requires a serious solution. We won't achieve this just by offsetting but by making serious changes to the way we do business.

The G8 countries have endorsed bringing down the global greenhouse gas emissions by fifty per cent by the year 2050, however they did not specify a base year for emission cuts.

The Asian Development Bank announced on Tuesday that it has established a new carbon fund to provide financial support to clean technology initiatives in the Asia Pacific region that will continue to generate carbon credits post 2012. The fund- called the Future Carbon Fund will initially be worth...

Interview with President of SustainableWebsites.com on: Do you think companies should use carbon offsets to mitigate their global warming emissions?

Trying to figure out what this is a picture of?

Well it a systems that allows long haul truckers to turn off their engines when they are parked, keep warm and all their electronics powered.

Remove CO2 from the atmosphere by doing common activities like searching, clicking, and social networking.

In my previous role as Executive Director of LiveNeutral I regularly received emails from friends and colleagues sharing the website or videos developed by the “CheatNeutral” (http://cheatneutral.com/). They asked if I though it somehow damaged or diminished the objective of LiveNeutral which in part promotes the use of carbon offsets as a tool to help prevent catastrophic climate change. This pertains as much to the work of ClimateCHECK as it does to LiveNeutral and is an important concept to consider for those of us in or interested in the carbon markets industry.

So you want to add a carbon offset program to your company? Maybe you’re thinking it’s time to go green and become carbon neutral?

With the introduction of a customizable offset program, TerraPass has taken carbon offsetting to a new level. Now customers can not only purchase offsets to reduce their carbon footprint but they can also direct the company's effort to offset projects of their choice...

Reuters reports that the U.N.'s International Civil Aviation Organization (ICAO) has launched a new carbon emissions calculator in a bid to standardize the carbon offset schemes provided by various airlines.

Carbon Offsets Daily : When do you think the domestic voluntary carbon market will become a compliance market and how will that change affect the environment?

While Mr. Ban Ki Moon, U.N.

Japan, besides setting a 60-80% CO2 reduction goal (by 2050, not 2020 like environmentalists want), plans to launch a carbon market in autumn, which, if successful, could go global at some point in the future. Japan is the world's fifth-largest emitter. This move advances Japan's green agenda before hosting the G8 summit next month.

Eight leading carbon reduction and offset providers have joined hands to form the The International Carbon Reduction and Offset Alliance (ICROA), with the overall objective of strengthening, promoting and lending credibility to the burgeoning market for carbon offsets. The ICROA members have signed up to a new code of best practice towards the fulfillment of...

Many companies, entrepreneurs, and even celebrities are jumping on the carbon-free bandwagon. And even though there are critics of the efficacy of carbon credits, the trend shows no sign of slowing down.

After a week-long debate, a cloture vote was held at the US Senate today to determine the future of the Lieberman-Warner bill. Unable to reach the 60 vote mark that was needed to invoke cloture, the bill was defeated, 48-36. The bill - in favor of a carbon cap-and-trade

Although no one is expecting Lieberman-Warner bill (S. 2191) to pass, the American version of carbon economics is beginning to come to light. Although the bill seeks to cut greenhouse gases by 35%-40% from 2005 levels, speculations on Capitol Hill are bleak, and the bill will be vetoed by President Bush in its present form...

The market for Certified Emission Reductions (CERs) or the carbon credits issued by the UN's Clean Development Mechanism (CDM), gained momentum last month when the Lieberman-Warner bill was amended to make provision for US industries to purchase international carbon offsets. The prices increased throughout May and their upward trend continues this month as well..

China is the number one supplier of Carbon Credits (CC), with a 73% market share, and they show no signs of slowing down. Good news on paper, yet last year alone, Shanghai fell short of its goal of 4% improvement in energy efficiency, and two of the major environmental indicators were pointing in the wrong direction.

Agriculture is a prominent topic in the current policy and market discussions regarding greenhouse gas (GHG) mitigation. Crop practices and livestock management are scrutinized for energy intensity and GHG emissions and mitigation potential. Biofuels policies are criticized as a threat to food supplies. Food, the practices providing it, and the countryside from which it comes, continue to gain attention in the ongoing debate concerning economic and environmental sustainability.

The key to ensuring municipal ownership of the GHG reduction is in understanding the types of sources of municipal GHG emissions. Municipal GHG emissions, like those of any other organization, include numerous sources of direct and indirect emissions from within and beyond the geopolitical boundaries of the municipality.

Schumer Urges FEMA And Army Corps Of Engineers To Meet With Re-Tread Products And Examine The Product’s Potential; Calls Re-Tread A Win-Win-Win For NY, The Gulf Coast And The Environment In Wake Of Last Year’s Hurricanes, Retread Products Is Designing A New Construction Material To Be Used In Flood Control And Levee Construction That Will Bend, Not Brake, Made From Recycled Waste Tire