CANBERRA, Nov 2 (Reuters) – Australia’s government revised down forecast revenue from the future sale of carbon permits on Monday, and said there was now little room to offer more compensation in order to secure political support for the scheme.
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| Sourced From Phnompenhpost.com |
A PROTECTED forest will be the first biodiversity reserve in Cambodia designed to take advantage of the global market for carbon credits, according to the Wildlife Conservation Society (WCS).
| Sourced From Grist.org |
Amid the fallout from the near collapse of the global financial system and revelations of significant fraud by financiers like Bernie Madoff and R. Allen Stanford, an intense debate has emerged over the role of business in society. The increased scrutiny of Wall Streetand by extension, corporate Americahas focused on profits, bonuses, and how compensation schemes can encourage excessive risk-taking. The fact that institutions deemed
| Sourced From Grist |
Its easy to understand. Weve had eight years of across-the-board hostility to sustainability investments by Bush & Co., and before that eight years of promises with no follow-through by the Clinton crowd. Now green groups are dazzled by the prospect of hundreds of billions of new dollars for mass transit, energy efficiency, and other projects, courtesy of carbon auctions. Their websites overflow with starry visions of how all this money can be spent, reminding us of all the pent-up needs from decades of neglect.
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NEW YORK (Reuters) – If the United States gives industry too many permits to emit greenhouse gases in a future climate regulation plan, it could cut revenues that had been expected to fund tax breaks and clean energy development.
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WASHINGTON, Feb 24 (Reuters) – U.S. President Barack Obama’s budget accounts for revenues from an emissions trading system in 2012, White House spokesman Robert Gibbs said on Tuesday.
“That’s true,” Gibbs said when asked whether a cap and trade system for carbon dioxide (CO2) would be in place in time for revenues to be generated by 2012.
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| Sourced From ABS CBN News |
Publicly listed TKC Steel Corp.’s local subsidiary, Treasure Steelworks Corp., is tapping into a new revenue stream by selling carbon credits.
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