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Abu Dhabi, United Arab Emirates —- This oil-rich swath of desert is better known for its carbon-emitting excesses. In Dubai, an indoor ski slope makes snow year-round, even during the sweltering summer.
Asia
Doha expert develops device to cut CO2 emission
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DOHA: International professional services company GHD has developed a landmark concept to radically cut energy use in high-rise buildings. The innovative solar shading device (pictured) can reduce high-rise co2 emissions by at least 30 percent.
China carbon trade facing risks amid global financial crisis
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BEIJING, March 20 (Xinhua) Chinese investors in Clean Development Mechanism (CDM) projects are facing rising risks, as the global financial crisis drives down demand in carbon trade market and prices.
BOT cautious about banks’ involvement in carbon-credit trading
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The Bank of Thailand is cautious about allowing commercial banks to participate in carbon-credit trading, due to the high risk involved.
FACTBOX-Impact of Japan nuclear power sector on fuels, CO2
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TOKYO, March 17 (Reuters) - Following is the expected annual fuel consumption by Japanese utilities over the coming years, based on Reuters calculations using fuel efficiency in 2007/08 and industry projections.
QSTP set to make Doha post-carbon economy hub
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Dubai (PTI): The Qatar Science & Technology Park (QSTP), which is to be inaugurated on Monday in Doha, will help Qatar to emerge as a leader in scientific research and transform oil-rich nation into a dynamic post-carbon economy, a senior government officials and industry figures said.
China: Our Carbon Emissions Are Your Problem, Not Ours
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WASHINGTON — Countries importing Chinese goods should be responsible for the heat-trapping gases released during manufacturing, a top Chinese official said Monday.
Crisis hits carbon trading and investments
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MUMBAI: Global meltdown has affected investments in projects to curb Greenhouse gases in poorer regions as many of the renewable energy projects in developing nations such as India and China need huge investments for implementation This in turn has also hurt the carbon emissions trading market which is expected to grow at 33% in 2009 compared to 84% in 2008 and 107% in 2007.
Carbon Credits May Help Cover Fast-Track Costs
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With the global recession deepening and Chinese banks increasingly reluctant to lend, Indonesia is looking to carbon credits to offset at least some of the expense of its massive $17.25 billion fast-track energy development program.
First Farmers ready to sell carbon credits
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TALISAY CITY – The First Farmers Holding Corp. is selling carbon credits from the operations of its 21-megawatt bagasse cogeneration plant to Spanish power company Endesa under the Clean Development Mechanism.
Finnish firm plans CDM partnerships
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KUALA LUMPUR: Finland-based Neste Oil Corp is currently in talks with several Malaysian plantation companies to jointly undertake Clean Development Mechanism (CDM) projects under the Kyoto Protocol.
Japan’s Toshiba To Sell Carbon Credits: Report
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NEW YORK — In the first such move by a Japanese manufacturer, Toshiba Corp. will begin selling carbon credits to Japanese and overseas firms by taking on overseas projects that cut greenhouse gas emissions, the Nikkei newspaper reported on its Web site Sunday local time, citing unidentified company sources.
Qataris Get Seminar on Carbon Market Trading From UK Specialists
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Making their wealth from the non-renewable energy resource natural gas, Qataris are going to learn a little more about the carbon market this Sunday. According to the Gulf Times, UK-based carbon-related firms looking to do business in Qatar will be part of the Carbon Market Business Opportunities seminar, held under the auspices of Minister of Environment HE Abdullah Mubarak al-Midhadi and the British Ambassador to Qatar John Hawkins.
Measuring climate change progress in China
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New data should cheer Secretary of State Hilary Clinton and her Chinese counterparts as they address climate change during her first visit to China as a representative of the new US administration. China’s latest economic report shows some welcome strides toward controlling greenhouse gas emissions. With climate change one of Secretary Clinton’s top priorities, China’s approach is not only welcome news, it suggests the opportunity for using approaches from developing countries to help bridge the gap in international negotiations.
Finland to buy CO2 emissions from Chinese biogas project
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Finland’s government has signed an agreement to buy 1.4 million tons of CO2 emissions from a Chinese environmental company for 14.5 million euros ($18.26 million) by 2018 under the clean development mechanism (CDM) project, Finland’s Embassy in China said on Tuesday.