carbon market initiative News

  • New initiatives give hope to a carbon market facing challenges

    The total value of the carbon market grew by 11 percent in 2011, to $176 billion, and transaction volumes reached a new high of 10.3 billion tons of carbon dioxide equivalent (CO2e) according to a new report from the World Bank. According to State and Trends of the Carbon Market 2012 this growth took place in the face of economic turbulence, growing long-term oversupply in the EU Emissions ...


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  • Mapping carbon pricing initiatives

    The World Bank has released a report, titled 'Mapping Carbon Pricing Initiatives: Developments and Prospects,' which provides an overview of current and prospective carbon pricing initiatives at the international, regional, national and sub-national levels. The report recommends flexibility in carbon pricing, alignment with national priorities, a staged approach for the introduction of ...


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  • Establishing a Global Carbon Market

    Carbon markets are increasingly a key feature in national climate policies. Their design and implementation reflect differing imperatives between developing and developed nations, raising questions about how they are developed and what it would take to link them together into a single global carbon market. Establishing a Global Carbon Market: A discussion on linking various approaches to create ...

  • A Possible Rebirth of the Carbon Market?

    Many people have voiced pessimism over an international agreement to address climate change since the 2009 climate conference in Copenhagen fell short of expectations. The lack of a comprehensive, global effort to curb emissions; the failure by the United States to pass meaningful federal legislation, the continued recession in Europe; and, most recently, the election results in Australia have ...


    By The World Bank

  • Westport to enter carbon market

    Westport Innovations Inc. has announced a program to monetize the carbon emission reductions associated with Cummins Westport (CWI) and Westport HD natural gas engines. The program will be a joint initiative with that in collaboration with Grütter Consulting. The Westport Carbon Project (WCP) is in the process of being registered with the internationally acclaimed Voluntary Carbon Market Standard ...


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  • Showcase

    Global Compact Network Singapore Launches First Official Chapter of the Carbon Pricing Leadership Coalition and Reporting Tool RICE

    Launch of Carbon Pricing Leadership Coalition’s first official chapter at Global Compact Network Singapore Summit Singapore, 19 November 2018 — The first official chapter of the Carbon Pricing Leadership Coalition (CPLC Singapore) was launched today by Global Compact Network Singapore and the Carbon Pricing Leadership Coalition ...

  • 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 ...


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  • U.S. government carbon management market

    The United States government is one of the largest consumers of energy and is expected to spend almost $29 billion on energy in 2010, as it occupies nearly 500,000 buildings, operates more than 600,000 vehicles, employs over 1.8 million civilians, and purchases more than $500 billion in goods and services each year. Following President Obama"s Executive Order 13514 and the mandatory reporting ...


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  • World carbon markets at a turning point

    The world's carbon markets are at a turning point according to the latest Thomson Reuters Point Carbon annual survey of carbon trading. While the volume of carbon credits traded globally will grow by an estimated 14 percent this year, reaching roughly 12 gigatons of carbon dioxide equivalents, concerns remain about depressed market prices in certain markets and uncertainties abound over the ...


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  • Initial Success With Carbon Pollution Pricing in Ontario

    The province's first year of cap and trade went well says a new report from Dianne Saxe, Environmental Commissioner of Ontario. The cap and trade system provides a clear carbon price framework and decreasing caps on allowable levels of carbon pollution that will help achieve Ontario's climate targets.  ...


    By Smart Grid Observer

  • The carbon marketing wars have begun

    Their logos and packaging are near clones—Lay's potato chips in the United States and Walkers crisps in the United Kingdom. The story behind the similarity is that both brands are owned by PepsiCo. But a subtle difference sets them apart. Each bag of Walkers crisps carries a label stating that 75.0 grams of carbon were emitted to produce a 34.5 gram bag of chips. In 2007, Walkers became the first ...

  • Ontario prepares to join the Carbon Market

    The Government of Ontario has tabled a draft bill on establishing a cap-and-trade system for greenhouse gas emission allowances in the Legislative Assembly of Ontario The adoption of this law is a step towards Ontario joining the Québec-California carbon market. “Today Ontario is taking an important step towards setting up its own cap-and-trade system and joining ...


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  • 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

  • ECOS reviews proposed `Carbon Farming Initiative`

    The CFI aims to enable Australian farmers to reduce greenhouse gas emissions and generate tradeable carbon credits. The agricultural sector accounts for over a quarter of the nation’s total annual greenhouse gas emissions. It also offers significant opportunities for emissions reductions through tree conservation and planting, improved land management, and new technology. Challenges ...

  • 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 ...

  • Quebec joins carbon market in North America

    Quebec's Minister of Sustainable Development, Environment and Parks, Pierre Arcand, today announced the adoption of the Regulation respecting the cap-and-trade system for greenhouse gas emission allowances, which is based on the rules established by the Western Climate Initiative (WCI). "Cap-and-trade systems for emission allowances are recognized as one of the most effective and ...


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  • Québec ready for the North American carbon market

    Québec has taken an important step towards establishing a North American carbon market. The Minister of Sustainable Development, Environment and Parks, Pierre Arcand, and the Minister of Economic Development, Innovation and Export Trade, Clément Gignac, has announced publication of a draft regulation on greenhouse gas (GHG) cap-and-trade based on the Western Climate Initiative ...


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  • Governments embrace voluntary carbon offset market

    A new Ecosystem Marketplace report takes stock of the 13 most advanced efforts, and offers a glimpse of the carbon markets of tomorrow. The United States has famously failed to develop a strategy for slowing and adapting to climate change, but that hasn't stopped the US states of Oklahoma, California, and Oregon from creating frameworks to support greenhouse gas (GHG) ...


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  • Ecolab Recognized by Carbon Disclosure Project for Climate Change Initiatives

    Ecolab Inc. has been named to the 2011 Carbon Disclosure Project (CDP) Performance Leadership Index, which recognizes companies for their efforts to mitigate climate change. One of 11 companies named to the index, Ecolab received a “Band A” rating for having a fully integrated climate change strategy that drives significant maturity in climate change ...


    By Ecolab Inc.

  • BC introduces carbon tax to fund climate change initiatives

    The BC budget released yesterday by Finance Minister Carole Taylor was heavily focused on environmental issues by including $1 billion in funding for climate change initiatives over the next 4 years and the introduction of a provincial, revenue neutral carbon tax. Although this is positive news for the environment, many feel that reliance on a carbon tax and incremental funding may not be enough ...


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