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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From the category archives:
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.
Continue Reading at BusinessWeek
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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.
Continue Reading at SolveClimate
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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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The Government made a significant move towards establishing a regional centre for renewable energy research in T&T when it hosted energy policymakers from the United States and other Caribbean territories at the Hilton Trinidad yesterday. Energy Minister Conrad Enill said the meeting was important because it acknowledged the new reality that renewable energy will play an enhanced role in the region’s thrust towards sustainable development. He said the partnership with the US Department of Energy “will see the consummation of a partnership between T&T and the US to establish the region’s first renewable energy research centre that would conduct varied work in this field for the benefit of all countries in the region.” “Climate change has been an ongoing focal point of discussion since last April during the Fifth Summit of the Americas, when (US) President (Barack) Obama and leaders across the hemisphere launched the Energy and Climate Partnership of the Americas. “Talks on climate change continued at the Commonwealth Heads of Government Meeting (Chogm) and at the Copenhagen Climate Change Summit.”
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THE Business Design Centre in Upper Street, Islington, has pledged to boost its green credentials by going carbon neutral.
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The United Nations Framework Convention on Climate Change would be far more effective if it relied more on smaller, representative groups of countries meeting year-round to hammer out the details of a future climate agreement, Britain’s climate change secretary, Ed Miliband, told Parliament.
Continue Reading at SolveClimate
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CO2 is Important, But Not the Only Thing
David Roberts over at Grist has a great rebuttal of Thom Friedman’s latest column in which he and investor Vinod Khosla seem to overlook many of the problems caused by coal mining and coal burning. It’s a good thing that concerns about greenhouse gas emissions are now on everybody’s mind, but we have to be careful to not getting tunnel vision.
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If you’ve ever braved the streets of Cairo, you know that every time you cross the street there as a pedestrian an adventure is in store. Cairo, unfortunately, is almost synonymous with traffic congestion, and all those drivers want to get where they’re going – fast.
Continue Reading at GreenProphet
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(WEB HOST INDUSTRY REVIEW) — Web hosting provider Steadfast Networks (http://steadfast.net) announced on Tuesday it has purchased enough carbon offset credits to offer a 100 percent carbon offset for its staff commuting, office usage, core infrastructure, networking equipment, shared web hosting, VPS hosting, and backup services.
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One of the ways individuals can reduce the impact of aviation emissions is to buy carbon offsets every time they fly. Around $25 can offset the amount of carbon released per passenger during a London to NY roundtrip. But most people don’t know how carbon offsets work or how to purchase them.
Continue Reading at FastCompany
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At Africa Carbon Forum foundations were laid for a substantially increased African involvement in CDM projects. CDM projects promote sustainable development and economic growth in African countries. More than 1000 people from the private and public sector in African and other countries took part in Africa Carbon Forum, held in Nairobi, 3 – 5 March.
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Johannesburg — HOW ironic. For years, the World Bank wants to lend SA money for development but SA keeps saying no. When it finally turns around and says yes, a couple of rich countries jump in to try and prevent the loan on the grounds, essentially, that SA isn’t “first world” enough when it comes to clean air standards.
Continue Reading at AllAfrica
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One of the world’s wealthiest men and the founder of Microsoft, Bill Gates, has suggested vaccines as one method of reducing the world’s population.
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Container ships straddle a fine line between ultra-efficient and ultra-polluters. They can carry thousands of 20-ft containers across thousands of miles of ocean in relatively short time, but they also burn sulfur-laden heavy oil fuels. Each ship can emit over 150,000 tons of CO2 every year, 5,000 tons of sulfur, and other harmful particulates attributed to death and disease along heavily populated coastlines.
Continue Reading at Gas2
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Hertwich, who is head of NTNU’s popular and internationally recognized Industrial Ecology Programme in the Department of Energy and Process Engineering, co-authored the paper “Carbon Footprint of Nations: A Global, Trade-Linked Analysis” with Peters, who is from the Centre for International Climate and Environment Research (CICERO) in Oslo.
Continue Reading at AzoCleantech
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