Carbon Offsets Daily

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Australian Company Will Kill Camels for Cash, Carbon Credits

Northwest Carbon thinks that farmers and hunters who help rid the nation of its feral camel population should be compensated with carbon credits. Australia does indeed have a major feral camel problem — the invasive species is crowding out native ones, trampling vegetation, and rapidly reproducing. But proposing that killing them be redeemable for carbon credits is certain to be controversial…

Continue reading at Treehugger.

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Carbon offset projects ‘having positive impact’

Voluntary offset markets function outside of the compliance markets and enable companies and individuals to purchase carbon offsets on a voluntary basis. The primary purpose of undertaking carbon projects– whether compliance or voluntary– is to 

Continue reading at The Citizen Daily.

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Virgin-LanzaTech tie-up to produce low carbon fuel

The low-carbon aviation fuel, which will be produced in India, is claimed to have half the carbon footprint of standard fossil fuel. Virgin Atlantic was the first airline to fly a plane on bio-fuel in February 2008. PTI “India, which is amongst the ..

Continue reading at Firstpost.

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Economic ambition adds heft to China’s carbon footprint

The growth in China’s carbon footprint is largely thought to be accounted for by its massive infrastructure projects as it prepares to join the ranks of developed countries. EDGAR, however, stresses the statistics are averaged across countries and that 

Continue reading at The National.

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Boosting efficiency lowers carbon footprint

Livestock producers are under increasing pressure to reduce their carbon footprint, but farm statistics collected by Quality Meat Scotland (QMS) show reduced greenhouse gas emissions are a by-product of increased efficiency. 

Continue reading at FarmersWeekly.

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Emissions trading scheme? Take a leaf out of our book

“By registering my forests for carbon offsets, I’m getting the same income as if I had harvested the trees, but I’m also delivering outcomes for the environment and for my family’s farming future.” Other Tasmanian landholders are choosing to follow the 

Continue reading at The Australian.

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Now, carbon credit through green grass

The methodology is being applied to a pilot project in Qinghai Province, China, which will eventually be able to deliver significant carbon offsets for a period of 10 years. FAO has sent its methodology for approval to the non-profit Verified Carbon 

Continue reading at Business Standard.

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Trees Win Big as Forest Carbon Surges to Record Year

Washington, DC | Investors and buyers have funneled record amounts of capital into forestry projects that reduce greenhouse gas emissions by conserving forests and capturing carbon in trees, according to a global survey of carbon market participants published on Thursday by Forest Trends’ Ecosystem Marketplace.

The report, “State of the Forest Carbon Markets 2011: From Canopy to Currency,” documents a record $175 million flowing to support forest carbon projects in 2010, representing commitments to sequester enough carbon to offset nearly 30 million tons of carbon dioxide (CO2) emissions.
“Contracts for forest carbon offsets more than doubled over the past two years, likely due to international policy discussions, and increased awareness of the critical role forests play in sequestering carbon,” says Katherine Hamilton, Ecosystem Marketplace’s Director and a report author.

Co-author David Diaz, also of Ecosystem Marketplace, agrees with the clear signs of progress, but sees a long road ahead.

“These markets have shown tremendous innovation and growth, but we are still a long way from channeling a sufficient amount of funding to reign in global forest loss as a critical source of greenhouse gas emissions,” he said.
This is Ecosystem Marketplace’s second State of the Forest Carbon Markets report, which is compiled annually and builds upon data from hundreds of projects and interviews with dozens of market participants to uncover and analyzes trends by project type, country, and regulatory environment.

“This excellent source of information on market transactions in the forest realm is a vital part of our long-term vision to support land-use projects to reduce greenhouse gas emissions and combat climate change in an environmentally and socially responsible manner,” says Ellysar Baroudy, who manages the World Bank’s BioCarbon Fund.  “The forest carbon market is gaining momentum and it’s important to step back once a year, take stock of the achievements to date as well as the challenges, and use this data to prepare for the future.”

The report shows a decline in the number of projects that plant trees, a steady increase in projects that promote improved forest management, and a surge in projects that save endangered rainforests (REDD – Reduced Emissions from Deforestation and forest Degradation).  Indeed, despite being the source of the earliest carbon offset transactions, REDD projects roared back from near obscurity just a few years ago to account for nearly 70% of the market activity last year.

The report also finds an influx of private-sector project developers, investors and intermediaries willing to market these credits – a clear transition from previous years, when conservation non-profits paved the way by developing most of these projects.

“The influx of private-sector investment is a positive indication that some of the major financial firms have a level of confidence – albeit backed by early-stage market risk – that forest carbon projects will play a significant role in the future of carbon markets and in reducing global GHG emissions,” says Steve Baczko, Director of Commercialization for ERA Ecosystem Restoration Associates Inc.

A strong demand for projects with other environmental and social benefits beyond carbon reductions is also now apparent, particularly through independent certification of each project’s carbon reductions and broader environmental and community benefits.  In 2010, the leading standard for demonstrating carbon reductions was the Verified Carbon Standard (VCS), which was applied to more than half of the credits projects planned to deliver.  Beyond carbon, additional certifications to the Climate, Community & Biodiversity (CCB) Standards found widespread appeal.

The hundreds of projects tracked in this report (many of which have public profiles on Ecosystem Marketplace’s Forest Carbon Portal, www.forestcarbonportal.com), come from a broad spectrum of project developers, governments, indigenous and community groups, and the private sector demonstrate that forests projects can and are meeting many of the demands for high-quality emissions reductions.  What remains to be seen is whether this work of this diverse sector will be meaningfully scaled up and incorporated into the efforts international negotiators and other policymakers are now designing for the bigger fight against climate change and to conserve the world’s forests.

The State of the Forest Carbon Markets 2011 is public and freely available thanks to support from the report’s Premium Sponsors – Wildlife  Works Carbon, ERA Ecosystem Restoration Associates Inc., and the World Bank BioCarbon Fund – and Sponsors – Ecotrust, Face the Future, Forest Carbon Group, Det Norske Veritas, and Baker & McKenzie.
Support for Ecosystem Marketplace comes from USAID, the Gordon and Betty Moore Foundation, the David and Lucile Packard Foundation, the Norwegian Agency for Development Cooperation, the United Nations Development Programme, the Global Environment Facility, and the John D. and Catherine T. MacArthur Foundation.  For a copy of the report, please visit www.ecosystemmarketplace.com/reports/forestcarbon2011.

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Carbon Retirement – the future of offsetting?

Critics have also branded carbon offsets simply a mandate for polluters to continue polluting and questioned whether the stated benefits from some projects, most notably forestry and HFC gas schemes, are quite as significant as they seem. 

Continue reading at Business Green.

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International News: Australia Carbon Farming; Japan Feed-In Tariff; German …

 the world’s first nationwide system for the creation and trade of carbon credits by its farming and forestry industries. The Carbon Farming Initiative will allow farmers and investors to generate tradeable carbon offsets from agricultural projects. 

Continue reading at SustainableBusiness.com.

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Australia adds opt-in rule for polluters in CO2 scheme

 carbon price,” he added, such as carbon credits from long-term tree plantations. That could benefit carbon offset firms such as Carbon Conscious (CCF.AX) and CO2 Group, (COZ.AX), the country’s main developer of tree plantations for carbon offsets

Continue reading at Reuters.

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Compostable Biobags Have Higher Carbon Footprint, Report Says

Non-biodegradable bioplastics have a smaller carbon footprint than those that are designed to decompose, according to a white paper by UK firm Biome Bioplastics. Bioplastics: an important component of global sustainability uses figures from Brazilian 

Continue reading at Environmental Leader.

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S&P, TSE launch carbon-weighted index

The S&P/TOPIX 150 Carbon Efficient Index retains the same constituents as the underlying S&P/TOPIX 150 created in cooperation with the Tokyo Stock Exchange (“TSE”), but utilizes the Carbon Footprint metric to compare the relative emissions of different 

Continue reading at Futures Magazine.

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  • Published: Sep 20th, 2011
  • Category: News, UK
  • Comments: None

Shopping centres ‘must get greener, quicker’

UK shopping centre owners must speed up the way in which they reduce the carbon footprint of their sites, a leading property expert said this week. Angus McIntosh, director at global real estate 

Continue reading at Retail Gazette.

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A complete guide to carbon offsetting

For example, writer George Monbiot famously compared carbon offsets with the ancient Catholic church’s practice of selling indulgences: absolution from sins and reduced time in purgatory in return for financial donations to the church

Continue reading at The Guardian.

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Investigation: Green travel still has a way to go

Although some merely pay lip service to the concept, there is growing evidence that the industry wants to reduce its carbon footprint. So what can individual travellers do to make responsible environmental choices? The answer is quite a lot, 

Continue reading at Financial Times.

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What’s your carbon footprint?

Audio – Just like a fingerprint, everyone has a carbon footprint. In this week’s edition of Greenwatch, we investigate exactly what a carbon footprint is. “Carbon footprint” is one of those buzz phrases that is often thrown around when people 

Continue reading at East Coast Radio.

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Fairmont Reduces CO2 Emissions by 8.4%

Over the last few years, Fairmont has identified and implemented a number of key initiatives to help reduce its carbon footprint. These have included the creation of an internal framework to track, monitor and report on key energy and carbon data, 

Continue reading at Market Watch.

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How has Google Managed to be a Carbon Neutral Company since 2007?

“…the carbon footprint of your life on Google is zero,” said Urs Hoelzle, Senior Vice President of Google’s Technical Infrastructure Department. Despite the fact that Google’s data centers around the world, which run the services for Gmail, 

Continue reading at Industry Leaders Magazine.

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Carbon Challenge: Make a Plan, Win a Prize

Reducing your household’s carbon footprint is a long-term process, but you can get a jump-start by participating in the Green Sneakers Future Homeowners Carbon Challenge. The three-month competition, 

Continue reading at Village Soup Belfast.

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Google Discloses Carbon Footprint, Renewable Energy Goals

But the company is among a rare breed that has spent money not just to buy carbon offsets or clean power to reduce carbon footprint, but it also has invested aggressively in advancing renewable energy technology development and deployment. 

Continue reading at Renewable Energy World.

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What Woodland Owners Should Know About Forest Carbon Offsets in the US South

Original economic analysis done by the authors suggests that under current market conditions (offset prices in the $8-$12/metric ton CO2e range), income from carbon offsetsmay be sufficient in some instances to pay property taxes or the “incremental” 

Continue reading at World Resources Institute.

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Carbon Retailer Profile – AgCert

AgCert International Limited (AgCert™) is a wholly-owned AES subsidiary that produces and sells greenhouse gas (GHG) reductions.   It is a “mass producer” of Certified Emission Reductions (CERs).

Website: www.agcert.com
Headquarters: Dublin, Ireland
Project Locations: Brazil, Mexico
United Nations Approved: Yes

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Carbon offsets scheme “great” for the Monaro

THE Carbon Farming Initiative (CFI), a carbon offsets scheme that will financially reward farmers and landholders for reducing Australia’s carbon pollution, has passed the Senate this week. Member for Eden-Monaro Mike Kelly, said the CFI was an 

Continue reading at Cooma Monaro Express.

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Do Trees Grow on Money?

 boosted by a huge dose of carbon offsets from industry in wealthy nations. An offset-based REDD will allow those who protect forests to earn carbon credits – financial rewards based on the amount of CO 2 a forest can store and a market-derived 

Continue reading at Earth Island Journal.

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