MORE renewable energy plants and diverting waste from landfill could all help London follow in the carbon ‘footsteps’ of Copenhagen, Europe’s greenest city.
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From the category archives:
News
FARMERS could have the opportunity to source new income streams through carbon offset trading, according to University of Melbourne Associate Professor Richard Eckard.
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HOUSTON, Mar. 11 — US climate legislation, if enacted, potentially could lead to large volumes of captured carbon dioxide from power plants and other industrial sources, consequently accelerating enhanced oil recovery and boosting oil production, said a report by Advanced Resources International (ARI) of Arlington, Va.
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UK Trade & Investment (UKTI) today told 170 small to medium-sized enterprises (SMEs) how they could exploit the fastest-growing low carbon markets in the world as it produced figures showing that the low carbon sector is already worth some £112 billion and employs 900,000 people in the UK.
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While the world was in tumult less than a year ago over reducing pollution, the European Union watchdog group Sandbag is accusing E.U. polluters of using carbon offsets to avoid making their businesses more environmentally friendly, which is irresponsible on the part of these businesses and the United Nations, which is supposed to be monitoring them.
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LONDON (Commodity Online) With used carbon credits finding a way back to the market, UN backed carbon credits grounded to a halt on Tuesday with exchange prices plummeting to EUR 1.00/tonne of CO2. Meanwhile, European Climate Exchange (ECX) is putting in place new rules to block recycled certified emission reductions (CERs) from trading on the Lodon-based platform.
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March 17 (Bloomberg) — Billionaire Oleg Deripaska’s EN+ Group, OAO Magnitogorsk Iron & Steel and BP Plc’s oil venture are among the bidders in Russia’s first tender for carbon credits.
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The integrity of the EU’s emissions trading scheme could be badly undermined unless governments resist the temptation to sell on “recycled” certified emission reduction (CERs) credits that have already been surrendered by businesses.
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Sebastian Foot hadn’t meant to create such a frustrating job for himself.
Last year, he founded a Clean Development Mechanism (CDM) project finance structuring firm called Frontier Advisors with the “intention to take equity” in the emerging green market space. Instead, he ended up in a constant tussle with an interminably slippery bureaucracy that is the UNFCCC CDM Executive Board.
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THE International Emissions Trading Association (IETA) said yesterday that sales of ‘recycled’ United Nations carbon credits could damage the reputation of the European Union’s emissions-trading market, posing a threat to the present system which allows Ireland to buy credits overseas.
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Every morning Mike walks into his London office and logs on to the Intercontinental Exchange, where he and most of his colleagues do all their work. He surveys the news for major political developments related to greenhouse gas emissions, then checks current and forward prices of fuels, and throws an eye on the weather. Finally, he sells or buys a few hundred thousand tons…of carbon.
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* EU carbon prices to rally later this year
* Nordic power prices seen rallying in 3rd quarter
* Higher natural gas prices to boost coal
LONDON, March 11 (Reuters) – European carbon futures CFI2Zc1 could rally as much as 30 percent by the end of the year, according to the manager and senior analyst of a Stockholm-based energy hedge fund.
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Government’s carbon tax on new vehicles has ” in reality, little to do with emissions. It largely serves as another revenue source for government to balance its books”, says KPMG Africa Automotive practice director Gavin Maile.
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- Simple steps to address five core products would save the UK 8 million tonnes each year in carbon equating to 19.9 billion road miles -
If manufacturers were to adopt simple ecodesign principles and re-evaluate the production process of just five staple consumer products (kettle, television, mobile phone, fridge,
laptop), the UK would save over 8 million tonnes of C02 each year – the equivalent of taking over 19.9 billion road miles off the roads.
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BISMARCK, N.D. — Minnesota Gov. Tim Pawlenty supports changing a state law that makes it difficult for North Dakota to sell electricity from new, coal-fueled power plants to Minnesota, a Pawlenty spokesman said Wednesday.
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