carbon credit scheme News

  • Could carbon credit schemes save the whale?

    It's likely that commercial whaling has released around one hundred million tons of carbon to the atmosphere over a century or so. That's according to researcher Andrew Pershing, who believes that carbon credit schemes could be employed as an incentive to protect whales and large fish such as bluefin tuna. In a joint project backed by the University of Maine, US, and Gulf of Maine Research ...


    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

  • Carbon credits for forestry management

    A recent study has investigated two carbon credit payment schemes which the authors say could provide incentives for forest managers to increase forest land and lengthen rotation time between harvests. There are a number of reasons for ensuring the upkeep of forests, including promoting biodiversity and providing social and cultural benefits, such as recreational opportunities. The ...

  • Regulations being developed for international carbon credits

    The government is developing regulations to specify the carbon credits known as assigned amount units that will be accepted for compliance with the emissions trading scheme, Climate Change Minister David Parker announced today. 'The ETS legislation allows imported assigned amount units, or AAUs, to be surrendered under the New Zealand emissions trading scheme, but only where these AAUs meet the ...


    By New Zealand Government

  • Regulations being developed for international carbon credits

    The government is developing regulations to specify the carbon credits known as assigned amount units that will be accepted for compliance with the emissions trading scheme, Climate Change Minister David Parker announced today. 'The ETS legislation allows imported assigned amount units, or AAUs, to be surrendered under the New Zealand emissions trading scheme, but only where these AAUs meet the ...


    By New Zealand Government

  • Initiative: Carbon-credit dollars for timber lots

    For most of Oregon's history, the forests like the ones near Paul Nys' house were places where a landowner could get wealthy. Cultivated from seed, rows of trees were grown to a healthy middle age and then chopped down, buzzed into lumber at sawmills and shipped out. Over the years, the retired schoolteacher has had many offers to buy his property, like many other landowners in the state's timber ...


    By Associated Press

  • Carbon credits to be used to fund GM food crops

    US biotech firm Arcadia Biosciences has announced a plan to help fund the planting of genetically modified rice with carbon credits. The company will work with the Chinese government to give farmers who plant their crops carbon credits, which they can then sell on the global carbon trading market. Arcadia is touting its GM rice as a greener alternative to the regular crop. The plant has had a ...

  • 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 ...

  • ETS backloading: carbon market schemes at a turning point

    Plans to freeze the auctioning of some CO2 permits, so as to raise their price and thus encourage firms to invest in low-carbon innovation, will be put to a final vote on Tuesday, after EU ministers endorsed Parliament’s July 2013 proposal setting stricter conditions for the freeze. The aim is to restore the incentive effect of the Emissions Trading System, which is designed to cut ...


    By European Parliament

  • Launch of first UK employee carbon ration scheme

    The UK’s first employee carbon ration scheme to reduce individual carbon emissions is launched, reports Envido.WSP has launched the UK’s first employee carbon rationing scheme that is aimed to monitor employees’ personal carbon emissions, including home energy bills, petrol purchases and holiday flights. People who emit more than their ration of carbon emissions are having their pay docked in a ...


    By Vital Efficienci Ltd.

  • New measures for the Australian Carbon Pollution Reduction Scheme

    The Carbon Pollution Reduction Scheme will be phased in from 1 July 2011 and a new, ambitious 25 per cent by 2020 target has been put on the table, as part of a package of new measures announced today by the Rudd Government. The package includes: A delay in the start date of the Carbon Pollution Reduction Scheme of one year, to manage the impacts of the global recession. To further assist ...


    By Australian Government

  • World Bank caught in controversy over suspect carbon credits

    A storm has been brewing for months in an obscure corner of the carbon-trading world, and it's now raging into full public view. At issue is whether the UN should modify the way it gives valuable carbon credits for climate-destroying refrigerant chemicals, and the stakes are high. The decision could reshape the $2.7 billion carbon crediting scheme known as the Clean Development Mechanism (CDM). ...


    By GLOBE SERIES

  • Biothermica granted approval for first-of-kind carbon reduction scheme in US

    Biothermica announced this week that it had received authorization from the US Department of Labor’s Mine Safety and Health Administration (MSHA) to proceed with the implementation of an innovative greenhouse gas (GHG) emission reduction project at Jim Walter Resources’ coal mine no. 7 in Brookwood, Alabama. Biothermica will use its VAMOXTM regenerative thermal oxidation system to destroy ...

  • 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, ...

  • UN-backed carbon forum helps Africa profit from greenhouse gas offset scheme

    Three days of deal-making and networking wrapped up today at the United Nations-backed Africa Carbon Forum in Senegal, aimed at improving the continent’s standing in the global carbon marketplace. Under the Kyoto Protocol’s Clean Development Mechanism (CDM), industrialized countries can offset some of their own greenhouse gas emissions to earn certified emission reduction credits. Some 600 ...


    By United Nations

  • Poland’s first Green Investment Scheme agreed with Spain

    Poland and Spain agree on a €25 million emissions trading contract, the first transaction of this kind for Poland under the Kyoto Protocol. Ministers from Poland and Spain, along with representatives of the EBRD and EIB were present for the signature of the agreement facilitated by the EBRD-EIB’s Multilateral Carbon Credit Fund. The transaction will allow significant greenhouse gas emissions ...

  • 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 ...

  • 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

  • Cleaning up the carbon market

    This week the Kyoto Protocol’s clean development mechanism (CDM) has registered its 1000th project, an energy efficiency project in Andhra Pradesh, India, expected to reduce carbon dioxide emissions by more than 34,000 tonnes annually. While many are celebrating the start up success of multibillion-dollar CDM experiment designed to curb global warming, CDM regulators themselves are ...


    By GLOBE SERIES

  • Carbon equals cash: the value of low carbon polymers

    Axion Polymers has achieved its Climate Change Agreement (CCA) target; firmly underlining its commitment to energy-efficient production of sustainable low carbon polymer products derived from end-of-life vehicles and waste electrical and electronic equipment. Two years ago, the Manchester-based plastics recycler was one of the first companies in its sector to sign up to the Government’s ...


    By Axion Group

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