emissions trading scheme verification News

  • Serious shortcomings in carbon trading scheme - German research institute

    The Clean Development Mechanism (CDM) is a flexible mechanism under the Kyoto Protocol that allows countries and businesses to offset their emission reductions from greenhouse gas (GHG) abatement projects in developing and newly industrializing countries. There are two key criteria which these CDM projects must fulfil. Firstly, the project must genuinely reduce greenhouse gas emissions. Secondly, ...


    By Öko-Institut e.V.

  • Emissions trading improving, says new EEA report

    The European Union is running the largest multi-country, multi-sector greenhouse gas Emission Trading Scheme (ETS) worldwide. A report presented by the European Environment Agency shows that the implementation of the ETS is improving. For the reporting year 2007, all Member States have delivered information on their experience in accordance with Article 21 of the Emissions Trading Directive.  The ...

  • Why emissions trading is more effective than a carbon tax, says IETA

    A cap and trade system is the best means to establish a quantifiable, legally enforceable limit on emissions which will ensure that essential climate change targets are met at the lowest possible cost. Such a program, when combined with offsets, will accelerate global emissions reductions. In addition, cap and trade provides the private sector with the flexibility required to reduce emissions ...

  • Are there too many cap and trade plans?

    The Canadian Council of Chief Executives recently noted there are too many cap and trade plans in the works and more cooperation between states, regions and countries is required. A recent Calgary Herald article quoted the Council’s CEO Thomas ...


    By GLOBE SERIES

  • Questions and Answers on the European Commission`s proposal to revise the EU Emissions Trading System

    1) What is the aim of emissions trading? The aim of the EU Emissions Trading System (EU ETS) is to help EU Member States achieve their commitments to limit or reduce greenhouse gas emissions in a cost-effective way. Allowing participating companies to buy or sell emission allowances means that emission cuts can be achieved at least cost. The EU ETS is the cornerstone of the EU's ...

  • First round of new loan scheme shows great interest in CDM Projects

    A newly launched loan scheme aimed at helping spur Clean Development Mechanism (CDM) projects in developing countries closed its first round of applications with a strong show of interest from countries across the world. The CDM Loan Scheme received applications from 42 projects in 23 countries in Latin America and the Caribbean, Asia and Africa. Africa had the bulk of applications, with 29 ...


    By GLOBE SERIES

  • Buyer Liability Insurance Now Available for California’s Cap-and-Trade Offset Program

    The Climate Action Reserve, North America’s premier carbon offset registry, and Parhelion Underwriting Ltd., the leading innovator for carbon market insurance products, today announced a unique, strategic alliance to support the delivery of the first insurance product for compliance offset credits in California’s Cap-and-Trade Program. Under this alliance, Parhelion is offering ...


    By Climate Action Reserve

  • China prepares to steal United States’ thunder, may launch cap-and-trade within five years

    Just when leaders in the U.S. Senate admitted to abandoning their plan of issuing a federal climate bill by the end of this year, top Chinese officials were discussing how to launch carbon trading programs under their country's next Five-Year Plan (2011-15). Serving as China's overarching social and economic ...


    By Worldwatch Institute

  • “Texas Climate & Carbon Exchange” Opens for Global Trading Announces deals with Australian and Japanese partners

    Starting today at 9:30 am Eastern/8:30 am Central, Texas Climate & Carbon Exchange (TCCX) opens worldwide trading, making the carbon credits of 145 members from 22 companies available to companies, utilities, and municipalities in North America. The electronic, emissions offsets mercantile dedicated to global trading of carbon offsets and credits celebrated the launch of the exchange last ...

  • Focusing on energy sales over certificates to improve efficiency

    A number of EU Member States are already using or considering Energy Efficiency Certificate (EEC) schemes. However a recent analysis suggests that Energy Sales Targets are an alternative worth considering. These targets focus on reducing the greenhouse gas (GHG) emissions associated with the energy sales per average customer. In order to promote efficient use of energy resources and meet ...

  • Financing climate change action and boosting technology change

    Public and private financing for climate action will need to be scaled up significantly in the coming years, according to the Paris-based Organization for Economic Cooperation and Development (OECD) Indeed, the Cancun Agreements call on developed countries to provide new and additional resources for climate actions USD $30 billion over 2010-2012 and a longer term goal of $100 billion per year by ...


    By GLOBE Foundation

  • ESP Provides Software Solution to Meet Newly Announced US 1605b GHG Reporting Guidelines

    Software helps companies address new US 1605b requirements for objectivity, completeness, verifiability and consistency in entity-wide GHG reporting Mountain View, California – ESP (Environmental Software Providers), the leading provider of enterprise environmental information management solutions announced today that its opsEnvironmental software offers a cost-effective solution for companies ...


    By IHS Markit

  • Financing climate change action and boosting technology change

    Public and private financing for climate action will need to be scaled up significantly in the coming years, according to the Paris-based Organization for Economic Cooperation and Development (OECD) Indeed, the Cancun Agreements call on developed countries to provide new and additional resources for climate actions USD $30 billion over 2010-2012 and a longer term goal of $100 billion per year by ...


    By GLOBE Foundation

  • Lead up to Cancun - what`s in store?

    As the UN's Framework Convention on Climate Change's 16th Conference of the Parties (COP16) Nov. 29 - Dec. 10 in Cancun nears, observers scrutinizing international action and inaction since COP15 are looking to predict how the event may unfold. COP15's hot button issues of maximum temperature rise and reduction targets remain largely unaddressed. The ...


    By GLOBE SERIES

  • 3C arguing for global code of best practice

    Frankfurt - Frankfurt-based 3C Group has been asked by the British Department for Environment, Food and Rural Affairs (DEFRA) to comment on a proposal on “Establishing a voluntary Code of Best Practice for the provision of carbon offsetting”. Dr. Sascha Lafeld, Member of the Board of 3C Holding AG, highly welcomes the UK government’s initiative for a voluntary carbon offsetting code on a high ...


    By First Climate AG

  • Not ready for REDD?

    Practicalities of trading carbon and protecting forests make meeting high expectations for REDD hard, say Esteve Corbera and Manuel Estrada. It is clear that any effective international 'deal' on climate change must decrease emissions from deforestation and land-use change that represent about a fifth of all emissions. An international mechanism to fund such reductions, reducing emissions from ...


    By SciDev.Net

  • SFW Delivers Interactive River Restoration Solution for the Environment Agency

    SFW, and its client the Environment Agency, are delighted to announce that River Wiki http://riverwiki.restorerivers.eu is now live. This interactive knowledge management system which works like Wikipedia enables the collation and sharing of information on river restoration projects across Europe. This Wiki-style web-based information tool, built using Open Source technology, is expected to be ...

  • Universal to Share Lessons Learned, Consultation on Aviation EU-ETS at EBACE2011

    Global Regulatory Services experts from Universal Weather and Aviation, Inc. (exhibit #7091) will be available at EBACE2011 to share lessons learned in year one of the European Union Emissions Trading Scheme (EU-ETS) and advice on continued preparations for carbon trading in 2012. "For many operators, the first reporting monitoring and reporting period for ...


  • Chris Huhne independent on Sunday article: `Cancun needs realism, not blind hope`

    No one expects a binding deal on climate change in Cancun next month, but we can make real progress – just as we did in the past on key international agreements. The Montreal Protocol on the ozone layer – the only international environmental agreement that every country in the world is party to – is more than 20 years old, and has steadily improved with age. It was described by ...

  • The green bond market in China – How to grow it and proft by it

    A landmark report was released today in Beijing on growing a green bonds market in China. China is committed to reforming its bond markets. This has implications both for financial and economic policy concerns, as well as environmental concerns, as it increases the opportunity to utilize the bond market to finance the transition to a low-carbon/green economy in China. It also has important ...


    By GLOBE SERIES

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