The year 2010 was characterized by sustained growth and execution for ERA Carbon Offsets Ltd. (“ERA”) (TSX VENTURE:ESR).
Highlights:
* The Company raised $5,520,000 (CDN) in a non-brokered financing through the issuance of 7,360,000 shares at $0.75 per share
* ERA advanced new projects in British Columbia and Africa, including a marquis project located on Denman Island which was developed with the participation of the Government of B.C.
Continue Reading at PR-USA
THE majority of the continents carbon-offset projects were small, which decreased their ability to raise finance through sales, Teni Majekodunmi, CEO of Nigerian carbon exchange consultancy EcoXchange, said in Johannesburg yesterday.
Continue Reading at Businessday
| Sourced From Bloomberg |
Kenya Power Lighting Co. Ltd., the nations monopoly electricity distributor, rose for the first time in four trading sessions after signing a carbon agreement with Standard Bank Plc that may provide a new source of revenue.
India will launch a national programme on black carbon on December 15. Environment minister Jairam Ramesh said the programme will cover measurement, monitoring and modelling for black carbon but ruled out India agreeing to inclusion of black carbon into the framework of UN climate talks.
Contine Reading at Hindustantimes
| Sourced From Renewableenergymagazine |
Equate Petrochemical Co., a joint venture between Petrochemical Industries Co. of Kuwait and Dow Chemical Co., has announced that it intends to capture 450 tons of carbon dioxide from its existing facilities on a daily basis starting 2012.
| Sourced From ABC |
The Global Carbon Capture and Storage Institute, set up by former Prime Minister Kevin Rudd, has given $5 million to a project in Canada.
| Sourced From News.myjoyonline |
Small-holder farmers in Kenya are set to reap the rewards of the first soil carbon project in Africa. In the west of the country a group of farmers are changing practices and earning carbon credits. In the process, the groundbreaking Kenya Agricultural Carbon Project is set to improve food security, help address climate change, and improve the lives and livelihoods of rural dwellers who live in poverty.
| Sourced From Benzinga |
LOS ANGELES, Oct. 27, 2010 (GLOBE NEWSWIRE) — Green Globe International, Inc. (Pink Sheets: GGII) today announced that the company is pursuing a new potential carbon credit monetization project for a major city in Brazil, as well as another targeted project for the U.S. market. The newly targeted projects, which are reflective of Green Globe International’s global approach to carbon credit projects, have been presented through the company’s agreement with Green Giant Venture Fund, an internationally recognized carbon project developer.
| Sourced From Business-standard |
The Norwegian government has offered Oil and Natural Gas Corporation (ONGC) a stake in a $1-billion carbon capture storage project at Statoils Mongstad oil refinery in Norway.
| Sourced From Marketwatch |
LOS ANGELES, Oct 27, 2010 (GlobeNewswire via COMTEX) — Green Globe International, Inc. /quotes/comstock/11i!ggii (GGII 0.00, 0.00, 0.00%) today announced that the company is pursuing a new potential carbon credit monetization project for a major city in Brazil, as well as another targeted project for the U.S. market. The newly targeted projects, which are reflective of Green Globe International’s global approach to carbon credit projects, have been presented through the company’s agreement with Green Giant Venture Fund, an internationally recognized carbon project developer.
| Sourced From Istockanalyst |
(Source: Datamonitor)trackingSempervirens Fund and Pacific Gas and Electric’s, or PG&E’s, ClimateSmart program have announced that a joint effort to sequester greenhouse gas emissions by preserving a redwood forest in the Santa Cruz Mountains has received an independent verification of its carbon offsets.
| Sourced From Media-newswire |
Victoria’s leading role in tackling Climate Change will boost jobs and the economy under a new Brumby Labor Government initiative designed to help local businesses export their green services and products overseas.
* Project is organised with Mitsubishi Corp and Nippon Oil
* It requires Gazprom to utilise gas previously flared
MOSCOW, Aug 4 (Reuters) – Russia’s Gazprom Neft (SIBN.MM: Quote), an oil arm of energy giant Gazprom (GAZP.MM: Quote), said on Wednesday it received approval for an emissions reduction project worth 3.1 million ERUs it is implementing with Japanese firms.
Russia last month gave the green light for 15 clean energy projects to earn carbon credits under the Kyoto Protocol, a long-awaited move that could unlock around 2.7 billion euros ($3.6 billion) in carbon finance for over 100 projects held up by bureaucratic red tape. [ID:nLDE66P15S]
Continue Reading at Reuters
| Sourced From Theglobeandmail |
Scotia Capital has quietly started up an environmental markets origination group, based in New York, to originate and distribute carbon credits for clients.
| Sourced From Forbes |
In the peak afternoon sun, a pickup truck rumbles through the dirt track flanked on either side by rolling hills of neatly lined pine trees as far as the eye can see. At a clearing in the middle of the pine forest, the truck comes to a halt, raising a cloud of dust. It is the only irritant to the fresh smell of pine. This isn’t a temperate coniferous forest in North America. It’s the heart of equatorial Africa, Uganda. And these alien, fast-growing, Caribbean pines are gaining popularity as the solution to reforest degraded land.
| Sourced From Forbes |
In the peak afternoon sun, a pickup truck rumbles through the dirt track flanked on either side by rolling hills of neatly lined pine trees as far as the eye can see. At a clearing in the middle of the pine forest, the truck comes to a halt, raising a cloud of dust. It is the only irritant to the fresh smell of pine. This isn’t a temperate coniferous forest in North America. It’s the heart of equatorial Africa, Uganda. And these alien, fast-growing, Caribbean pines are gaining popularity as the solution to reforest degraded land.
| Sourced From Business |
I n the peak afternoon sun, a pickup truck rumbles through the dirt track flanked on either side by rolling hills of neatly lined pine trees as far as the eye can see. At a clearing in the middle of the pine forest, the truck comes to a halt, raising a cloud of dust. It is the only irritant to the fresh smell of pine. This isnt a temperate coniferous forest in North America. Its the heart of equatorial Africa, Uganda. And these alien, fast-growing, Caribbean pines are gaining popularity as the solution to reforest degraded land.
| Sourced From Risk |
Increased use of standardised baselines for Clean Development Mechanism (CDM) projects would motivate increased investment and reduce risk for project developers, according to a report by carbon offset specialists Perspectives for the UK’s Department for International Development (DFID).
SINGAPORE, April 9 (Reuters) – U.S. investment bank J.P. Morgan (JPM.N) has shut down its four-member Asia carbon team based in Singapore in the interests of streamlining its operations, a source familiar with the matter said on Friday.
Continue Reading at Reuters
* E.ON says aims for carbon team of 8 in Singapore by yr-end
* Implementing four projects now, evaluating another 20
* Sees Indonesia offering big potential in SE Asia (Adds details, quotes)
SINGAPORE, April 7 (Reuters) – German utility E.ON will move its carbon team from Malaysia to Singapore this month and aims to ramp up investment in clean-energy projects in Southeast Asia, a senior official said on Wednesday.
Continue Reading at ForexYard
Public sector managers know little about carbon targets
There is widespread ignorance in the public sector about climate change and the need to cut down energy use, according to research published today.
A survey of public sector managers carried out by CIPFA revealed that 78% had either vague or no knowledge of the Carbon Reduction Commitment energy efficiency scheme, or had never heard of it, even though the emissions trading mechanism, which will start this April, will cover most larger public sector organisations.
Continue Reading at
| Sourced From Pollutiononline.com |
The strongest evidence yet that the rise in atmospheric CO2 emissions continues to outstrip the ability of the world’s natural ‘sinks’ to absorb carbon is published this week in the journal Nature Geoscience.
* CO2 emissions up 2 pct in ’08, to dip 2.8 pct in ’09-report
* Emissions from developing nations continue to soar
* Consumer demand from rich countries partly to blame (Adds details, quotes throughout)
SINGAPORE, Nov 18 (Reuters) – Global carbon dioxide emissions are set to fall an estimated 2.8 percent this year because of the financial crisis, after having risen two percent in 2008, a leading annual report on the globe’s “carbon budget” says.
Continue Reading on Reuters
| Sourced From Worldenergy.com |
Large Transaction Highlights Companys Growing Global Reach and Traction in the Primary Carbon Market
| Sourced From UK.biz.yahoo.com |
LONDON, Sept 1 (Reuters) – Guanabara Holdings increased its cash offer for carbon offset company EcoSecurities Group Plc (LSE: ECO.L – news) to 90 pence a share from 77 pence on Tuesday, and extended the deadline for the bid until Sept. 18.
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