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Standards-based regulations and public investment are superior to either carbon taxes or cap-and-trade. But we need some form of carbon pricing to reinforce public action, and a carbon tax is superior to carbon trading.
Geoengineering could complement, but not replace, CO2 emissions cuts
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30.01.2009. The term ‘geoengineering’ refers to efforts to engineer the environment on a massive scale in order to counteract the effects of increased CO2 (carbon dioxide) levels in the atmosphere. In recent years, numerous ideas have been put forward, including putting sunshades in space and seeding the oceans with iron. However, accurate evaluations of these schemes’ effectiveness are scarce, and their beneficial effects are often exaggerated.
Will Carbon Trading End Up like the Subprime Mortgage Crisis?
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Vincent de Rivaz, CEO of the UK arm EDF energy, made an interesting but frightening comparison when talking about trading carbon credits under the European Unions cap-and-trade program:
- Author: admin
- Published: Jan 31st, 2009
- Category: Press Releases
- Comments: None
Cleveland Carbon Fund breaks new ground in the carbon reduction market
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CLEVELAND – A collaborative group of Cleveland-based founding partners announced today the launch of the Cleveland Carbon Fund, an advised fund at the Cleveland Foundation which is breaking new ground in the carbon reduction market.
Germany joins EU in taxing CO2 emissions
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European car ads are always mentioning how many grams of CO2 a car emits because more than twelve European countries tax drivers based on those emissions. Germany, home to a cadre of automakers for which CO2 parsimony is not a prime consideration, has held out from the carbon dioxide taxation scheme, until now. The leading government coalition has finally agreed on a plan to tax CO2 output.
Pole-To-Pole Flight Finds CO2 Piling Over Arctic
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Scientists who flew a modified corporate jet from pole to pole to study how greenhouse gases move found carbon dioxide piling up over the Arctic, but also higher than expected levels of oxygen over the Antarctic.
- Author: admin
- Published: Jan 31st, 2009
- Category: Top Stories
- Comments: None
Carbon price raises fears of renewables lag
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Concerns emerged this week over the effectiveness of carbon trading in encouraging alternative energy development after a tumbling carbon price made investment in projects more expensive.
- Author: admin
- Published: Jan 31st, 2009
- Category: Press Releases
- Comments: None
Brighter Planet, ignition Partner to Offset the CO2 Emissions for Traveling Events
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MIDDLEBURY, VT and ATLANTA, GA – Brighter Planet and ignition have teamed up to offset the carbon emissions of ignition’s client events, helping businesses build environmental practices into their national marketing campaigns. Through the partnership, ignition, a leading global experiential marketing firm, aims to reduce and offset the CO2 emissions from all of their mobile marketing tours by incorporating conservation practices and purchasing carbon offsets from Brighter Planet.
- Author: admin
- Published: Jan 31st, 2009
- Category: Top Stories
- Comments: None
New York Responds to Carbon Cap-and-Trade Lawsuit
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As reported in our previous post, Indeck Energy, owner of a natural gas plant in Corinth, N.Y., has filed a lawsuit challenging the legitimacy of the Regional Greenhouse Gas Initiative, a carbon cap-and-trade program established by 10 Northeastern states.
Is the Internet Carbon Negative? Yes, Says Sun
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Keep shopping on Amazon and playing World of Warcraft, you electronic shut-ins. You’re helping the environment.
- Author: admin
- Published: Jan 31st, 2009
- Category: Press Releases
- Comments: None
CARBON ADVICE GROUP LAUNCHES THE WORLD’S FIRST CARBON OFFSET NETWORK
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SAN FRANCISCO, CA – The Carbon Advice Group launches the world’s first multi-level affiliate carbon offset network today at CarbonAdviceGroup.com. London-based Carbon Advice Group PLC has created a unique web-based service that enables individuals and businesses to take an active role in combating climate change. The site enables users to directly calculate their carbon footprint and immediately purchase offsets.
EU carbon prices reach new lows
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EU carbon prices continue to plumb new lows for the EU-ETS second phase with benchmark prices trading below the
- Author: admin
- Published: Jan 30th, 2009
- Category: Top Stories
- Comments: None
Japan expects uptrend in UN carbon offset prices -survey
TOKYO, Jan 30 (Reuters) – Japanese buyers and traders of U.N. carbon offsets expect prices of the credits to rise this year in domestic over-the-counter trade after plunging in European trade in recent months, a survey released on Friday said.
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- Author: admin
- Published: Jan 30th, 2009
- Category: Top Stories
- Comments: None
Recession threatens carbon trading
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A crucial scheme to control greenhouse gases is under threat due to the recession.
Carbon trading may be the new sub-prime, says energy boss
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The row over the working of the European Union’s emissions trading scheme intensified last night when EDF Energy warned that speculators risked turning carbon into a new category of sub-prime investment.
- Author: admin
- Published: Jan 30th, 2009
- Category: Top Stories
- Comments: None
Can carbon reduction and the development of a low carbon economy help the UK through the recession?
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Dr Neil Bentley, CBI director of business environment spoke at the Carbon Trusts annual stakeholder event on the 28th January discussing whether a low carbon economy can pull the UK out of the downturn – read the full speech below:
- Author: admin
- Published: Jan 30th, 2009
- Category: Top Stories
- Comments: None
ESA approves carbon capture and storage project at Kaarstoe
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The EFTA Surveillance Authority (ESA) has decided to authorise state funding to Gassnova SF in order to cover the costs of establishing a carbon capture and storage facility (a
Carbon storage on cards for SA
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PETROSAS gas and oil pockets offshore of Mossel Bay, which have been mined empty, and deep saline aquifers in the Karoo basin have been identified as potential sites where carbon dioxide (CO
- Author: admin
- Published: Jan 30th, 2009
- Category: Top Stories
- Comments: None
Indonesia aims to wrap up forest-carbon rules
JAKARTA (Reuters) – Indonesia hopes to lay out a clear set of regulations before June on using carbon credits to protect rainforests so the rules can be discussed in upcoming international talks, a top climate official said.
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- Author: admin
- Published: Jan 30th, 2009
- Category: Australasia
- Comments: None
Aust ‘should be leading world’ in carbon capture and storage
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A leading economist has told the World Economic Forum in Davos that Australia should be leading the international community in the development of carbon capture and storage technology.
A Magical Self-Adjusting Carbon Tax?
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One of the problems with carbon taxes is that they’re static. Let’s say you set a tax at $20 per ton of CO-2. It’s going to stay at $20 when the economy is hot, even if the tax rate doesn’t do much to reduce emissions. Conversely, when the economy goes south, the carbon tax will persist at $20, even though emissions may be dropping fast on their own — and companies may need some breathing room.
Carbon credits new revenue stream for agriculture
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Eastern Colorado farmers and ranchers are sitting on virtually tons of additional revenue that one Weld County resident says now is the time to look at the possibilities.
How Green Are Forest-Based Carbon Offsets?
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A movie star appears on a talk show, lectures viewers about saving the environment, then boards a trans-Atlantic flight for a premiere in Milan, releasing untold amounts of greenhouse gases in a vapor trail of hypocrisy and excess.
- Author: admin
- Published: Jan 30th, 2009
- Category: Top Stories
- Comments: 1
Europe seeks global carbon trading market
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Analysts suggest companies are flooding the market by cashing in their emissions allowances to raise money, rather than for any environmental benefit.
- Author: admin
- Published: Jan 29th, 2009
- Category: Top Stories
- Comments: None
Gore Urges Cap on Carbon Emissions, Global Climate Pact
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Former vice president Al Gore urged lawmakers yesterday to adopt a binding carbon cap and push for a new international climate pact by the end of this year in order to avert catastrophic global warming.