carbon credit purchase News

  • Entergy Announces Purchase of Greenhouse Gas Reduction Credits

    Entergy Corporation (NYSE: ETR) today announced the purchase of approximately 137,000 tons of greenhouse gas reduction credits from New York's largest non-hazardous solid waste facility. The credits were generated from the capture and destruction of methane, a byproduct of waste decomposition. Seneca Meadows, Inc. owns and operates the waste ...


    By Entergy

  • School board to sell carbon credits

    The Toronto District School Board (TDSB) and the Greening Canada Fund (GCF) signed an agreement this week under which TDSB will begin selling carbon credits to GCF - credits created from results of the Board"s efforts to make significant reductions to its greenhouse gas emissions. Over five years, this innovative transaction - one of the first of its kind - is expected to generate more than $1.7 ...


    By GLOBE SERIES

  • Carbon credit trading schemes and carbon offsets as part of an investment product

    The Financial Services Authority (FSA) are receiving an increasing number of reports from people who have been approached by firms promoting carbon credit trading schemes or offering carbon offsets as part of an investment product to individuals. ClimateCare recommends that any individual that has been approached by a business selling carbon offsets as a personal investment reads the advice on ...


    By ClimateCare

  • Vancity to renew carbon offset purchase relationship with Offsetters

    Two Canadian innovators, Offsetters (a leading carbon management provider) and Vancity (the largest credit union in English-speaking Canada) are, once again, teaming up in the name of a low-carbon future. Vancity announced that it will continue to offset its carbon footprint with an investment in carbon credits for the 2010 year provided in part by the Vancouver-based Offsetters. In turn, ...


    By GLOBE SERIES

  • Post 2012 Carbon Credit Fund - Project Developers aim to lock in their future carbon credit revenues now

    Creating certainty for project developers while a post-2012 agreement has not yet been accomplished, the Fund’s investors affirm their commitment to the carbon credit market.  At the Carbon Expo in Barcelona the Fund announces continued interest among project developers as uncertainty over a post-2012 agreement persists. In the last few weeks alone, the Fund has signed two ERPAs and several ...

  • House Buys Carbon Credits Through Chicago Climate Exchange

    The Chicago Climate Exchange, which began its greenhouse gas trading operations in 2003, has announced the results of its auction of Carbon Financial Instrument contracts conducted on behalf of the U.S. House of Representatives at its request. The reverse auction was a bid for 300 contracts representing 30,000 metric tons of carbon dioxide equivalent from a pool of U.S. based projects that have ...

  • Carbon Capital Markets to offer Carbon Credits from United Nations Approved Projects

    Carbon Capital Markets®, a leading carbon trading and asset management company, is to offer issued Certified Emission Reductions (CERs). The issued CERs will be made available to companies looking to voluntarily offset their carbon footprint as part of their wider environmental and CSR strategies and customer engagement.  Issued CERs are Kyoto compliant carbon credits which have already ...


    By Carbon Capital Markets

  • European banks establish EUR 125m carbon credit fund

    The EUR 125 million Post 2012 Carbon Credit Fund established by five leading European public financing institutions; the European Investment Bank-EIB (initiator and principal investor with EUR 50 million), Caisse des Dépôts (EUR 25 million), Instituto de Crédito Oficial-ICO (EUR 10 million), KfW Bankengruppe (EUR 25 million) and the Nordic Investment Bank-NIB (EUR 15 million), is beginning its ...

  • ERA Carbon Offsets Ltd Announces Acquisition of Offsetters Clean Technology Inc. and Carbon Credit Corporation

    ERA Carbon Offsets Ltd. (TSX VENTURE: ESR) ("ERA" or the "Company") is pleased to announce that it has entered into two non-binding letters of intent dated September 6, 2012 to acquire (the "Acquisition") shares in Offsetters Clean Technology Inc. ("Offsetters") and Carbon Credit Corporation ("CCC") of Vancouver BC, Canada. The Company is also pleased to announce that it is conducting a private ...


    By ERA Carbon Offsets Ltd.

  • ERA Closes Acquisition of Offsetters Clean Technology Inc. and Carbon Credit Corporation

    ERA Carbon Offsets Ltd. ("ERA" or the "Company") (TSX VENTURE: ESR) is pleased to announce that it has closed its acquisition (the "Acquisition") of Offsetters Clean Technology Inc. ("Offsetters") and Carbon Credit Corporation ("CCC") of Vancouver BC, Canada. The Company has also closed its private placements announced on September 17, 2012 (the "First Private Placement") and October 9, 2012 (the ...


    By ERA Carbon Offsets Ltd.

  • ERA Carbon Offsets Ltd Announces Signing of Definitive Agreements for the Acquisition of Offsetters Clean Technology and Carbon Credit Corp.

    ERA Carbon Offsets Ltd. ("ERA" or the "Company") (TSX VENTURE: ESR) is pleased to announce that it has entered into three definitive agreements to effect the purchase of Offsetters Clean Technology Inc. ("Offsetters") and Carbon Credit Corp. ("CCC") (the "Acquisition") as first announced on September 17, 2012. The closing of the Acquisition (the "Closing") is anticipated to occur concurrently ...


    By ERA Carbon Offsets Ltd.

  • Carbon credit management company signs risk-sharing agreement with European Investment Bank

    In Frankfurt, the European Investment Bank (EIB) and KfW Bankengruppe have signed a risk sharing framework agreement for the KfW SME programme ‘Capital for Work and Investments’. Under this risk sharing agreement, between 2008 and 2010 the EIB will assume risks for a total of EUR 100 million arising in connection with subordinated financing offered under the KfW programme. Detlef Leinberger, ...

  • Korean green life encouraged by Green Credit Card

    The South Korean Ministry of Environment and Korea Environmental Industry & Technology Institute (KEITI) have announced that over 2 million people, about 10% of economically active population of 24.7 million, have signed up for the Green Credit Card in just 9 months since its launch. In Korea, a credit card is deemed a success when the number of users passes 200,000. Green Credit Card is ...


    By GLOBE SERIES

  • Australia to link carbon pricing to world carbon markets

    From July 2015, Australia's carbon pricing mechanism will be linked to carbon markets around the world according to a press statement from the Australian Department of Resources, Energy and Tourism. This will allow reductions in carbon pollution to be pursued globally at the lowest cost. Carbon pollution is not confined to national borders - it affects the whole planet. International linking ...


    By GLOBE SERIES

  • The ENDS guide to carbon offsets

    Leading environmental publisher ENDS (Environmental Data Services) has made an important contribution to the carbon offsetting debate by announcing publication of The ENDS Guide to Carbon Offsets. This one-of-a-kind guide provides much-needed help for confused offset purchasers by establishing a clear threshold for acceptable carbon offset quality and advising purchasers to steer clear of ...

  • First emission reduction purchase agreement will boost expansion of hydropower - EIB

    On 18 August 2008, Ani Hydro Corporation OJSC and Stichting Carbon Purchase Intermediary (CPI) signed an emission reduction purchase agreement (ERPA) for the sale and purchase of certified emission reductions to be generated by the Jradzor Small Hydroelectric Project in Akhuryan in western Armenia. Stichting CPI is the special purpose vehicle created to acquire carbon credits for the participants ...

  • BMO achieves carbon neutrality

    BMO Financial Group announced today it has achieved carbon neutrality relative to its energy consumption and transportation emissions across the company, worldwide. This fulfills a commitment made by the Bank in September 2008. "Special thanks go to our employees who've made sustainability a priority at BMO," said Bill Downe, President and Chief Executive Officer. "They have made meaningful ...


    By GLOBE SERIES

  • Flight carbon footprint calculator prelude to aviation carbon market

    The United Nations International Civil Aviation Organization, ICAO, has unveiled a carbon calculation tool on its website that allows travellers to estimate the carbon footprint for any flight they take. A carbon footprint is a measure of the impact human activities have on the environment in terms of the amount of greenhouse gases produced, measured in units of carbon dioxide. For instance, one ...

  • MCCF Carbon Managers appoint Fortis

    The Carbon Managers of the Multilateral Carbon Credit Fund (MCCF) have appointed Fortis Intertrust Netherlands as service provider for the fund. Fortis Intertrust is responsible for the structuring, trust management and administration of the special purpose vehicle created (Carbon Purchase Intermediary - CPI).  The MCCF is sponsored by both the European Bank for Reconstruction and ...

  • Forest carbon offsetting report 2010

    EcoSecurities, Conservation International, Climate, Community and Biodiversity Alliance (CCBA), ClimateBiz and the Norton Rose Group have collaborated to find out what more than 157 global, multinational and regional organisations think about forestry and forest carbon offsetting projects. Some of the key findings of the survey include: Positive attitudes towards forest ...


    By GLOBE SERIES

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