BRUSSELS — Major European polluters are buying their way out of making big cuts to greenhouse gas emissions by purchasing carbon offsets that pay for environmental programs in developing nations, a nonprofit group said Friday.
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Posted on March 16, 2010
· in Europe
SINGAPORE (Reuters) – Fear of Western-imposed carbon tariffs on goods and services from Asia is likely to drive growth in offsetting emissions by large firms in the region, a voluntary carbon market executive said.
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Posted on March 15, 2010
· in Asia
NEW YORK — Global carbon dioxide emissions offsetting markets are fast losing their luster in the minds of investors, both in the United States and abroad.
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Posted on March 14, 2010
· in USA
NAIROBI (Reuters) – African governments need to set clear rules in order to attract more projects under the U.N. Kyoto Protocol’s Clean Development Mechanism (CDM), the United Nations Environment Programme chief said on Wednesday.
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Posted on March 11, 2010
· in Global
AMSTERDAM, March 2 (Reuters) – Financial market intelligence provider Standard & Poor’s (S&P) and carbon analysts Point Carbon are considering jointly developing carbon offset project risk assessment products and services, they said on Tuesday.
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Posted on March 8, 2010
· in Europe
The supply of carbon offsets hit an all-time high of 29 million tons (Mt) of carbon dioxide equivalent (CO2e) in 2009, a 13% increase from 2008 levels. A total of 19.4 Mt of CO2e worth $74 million changed hands in offset transactions conducted last year, according to a report released this week by Point Carbon, US offset markets in 2010: The road not yet taken.
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Posted on March 8, 2010
· in USA
The Arabia CSR Network held its first workshop of 2010 on 18 February in the Center of Excellence, DIFC. While the Arabia CSR Network itself was launched at the Arabia CSR Awards ceremony on 26 October 2009, the Network’s predecessor, the EEG CSR Network, has had a long track record in advancing Corporate Social Responsibility in the UAE and Gulf region through workshops, seminars and CSR training sessions.
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Posted on February 23, 2010
· in Global
IRVINE, Calif.–(BUSINESS WIRE)–Village Green Global, Inc. today announced a joint venture with sustainable fuel company Carbon Credited Farming Plc (CCF) to create a carbon and credit trading desk (Carbon Desk) to take advantage of carbon and other offset credits generated by CCF’s sustainable oil and other Cleantech operations. The Carbon Desk will serve as a commercial fulcrum for credit market activities as well as a point of reference for enterprises to get information and advice relating to purchasing carbon and other credits. Companies will use Village Green’s SMARTweb® SaaS-based auditing tool to assess the environmental cost of their activities and determine the optimal balance of cost reductions and purchases of credits to offset these costs.
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Posted on February 21, 2010
· in Press Releases
VANCOUVER, B.C., Feb. 08 /CSRwire/ – ERA Carbon Offsets Ltd. (TSX VENTURE: ESR) (the “Company” or “ERA”), is pleased to announce that the private placement previously announced, October 14th 2009, will close on or about February 9th 2010. The private placement consists of 7,360,000 common shares at a price of CAD$0.75 per share for gross proceeds of CAD$5,520,000. The sole subscriber is Forest Carbon Group AG (”FCG”) an affiliate of HEAG Sudhessische Energie AG (”HSE”), a German energy and infrastructure company based in Darmstadt. Post-financing, FCG will own an aggregate of 7,360,000 shares which constitute 29.9% of the issued capital of the Company. No finder’s fee was paid in connection with the private placement.
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Posted on February 16, 2010
· in Canada
Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (”CFS” or the “Company”) is pleased to announce that the Company has, subject to prior TSX Venture Exchange (the “Exchange”) approval to certain provisions thereof, recently formed and incorporated Pacific Briquetters Inc. (”PBI”), a non-reporting British Columbia company, for the present and proposed purpose of owning, financing, developing, constructing and operating a proposed briquette and bio energy manufacturing and distribution facility and business
to be operated on certain lands and premises located in Mission, BC (the “Premises”), which are owned and operated by an affiliate of 0733403 B.C. Ltd. (”TCG”) which, in consideration thereof, is intended to be a 25% shareholder, with the Company as to 75%, in PBI going forward (collectively, the “Venture”).
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Posted on February 15, 2010
· in Carbon Market News
For most of the past year, pork producers have been studying their carbon footprint and have learned some important and interesting information: manure management plays a large role in carbon emissions, transportation plays a minor role, processors are efficient and more than 25 per cent of pork’s footprint occurs at the retail store and home levels.These are the early findings of a pork checkoff-funded study by environmental specialists at the University of Arkansas that were recently reported by Dr Gregory Thoma, a professor in the university’s department of agriculture chemical engineering.
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Posted on February 12, 2010
· in Australasia
AGRICULTURE may be excluded from the Federal Government’s proposed Carbon Pollution Reduction Scheme, but farmers should still be on the front foot looking for alternatives, says Carbon Advantage executive director Matthew Reddy.
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Posted on February 11, 2010
· in Australasia