Underwriter Parhelion has launched what is says is the first insurance policy protecting the value of carbon credits should the projects generating them be deemed ineligible by regulatory bodies.
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- Author: admin
- Published: Apr 23rd, 2011
- Category: Press Releases
- Comments: None
The 2nd Annual Carbon Capture, Utilization and Storage Summit 2011 to be Held in August, Beijing
NewswireToday – /newswire/ – Beijing, China, 04/19/2011 – Asian Coalition for Climate and Energy is pleased to announce that the 2nd Annual Carbon Capture, Utilization and Storage Summit 2011 (GCCUSS2011) which will be held during 23rd
BarCap ups 2013 U.N. carbon price forecast by 10 percent
(Reuters) – Barclays Capital raised its price forecast for U.N.-backed carbon credits by 10 percent to 24 euros ($34.70) a tonne on widening spreads, analysts said in a research note on Tuesday.
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Fridges in Mexico restaurant hold key to UN’s carbon emissions targets
A small restaurant chain in Mexico city is about to play a pioneering role in a UN scheme to reduce carbon emissions at grass roots level.
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Banned industrial gas credits could sneak into EU carbon market
Carbon credits produced from destroying industrial gases may bypass an EU order banning them from 2013 and enter Europe’s emissions trading scheme by way of bilateral emission reduction deals between individual countries, it was reported last week.
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Carbon-offset projects too small
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.
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Interest in Carbon Market Growing Amid Shortcomings, UNFCCC Says
Interest is increasing in the United Nations Clean Development Mechanism, the worlds second-largest carbon market, an official from the UN Framework Convention on Climate Change said.
- Author: admin
- Published: Jan 30th, 2011
- Category: Carbon Market News
- Comments: None
Offset Ban Will Boost Demand for Africa Carbon Projects, UN Says
The European Unions ban on carbon credit imports linked to some industrial gases will boost demand for Clean Development Mechanism projects in Africa, a United Nations Framework Convention on Climate Change official said.
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- Author: admin
- Published: Jan 28th, 2011
- Category: Carbon Market News
- Comments: None
Opinion: Carbon Offsets Meet Biofuels
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In previous posts, I have written about climate capitalists generating carbon offsets, and climate capitalists pursuing opportunities across three generations of biofuels.
Fiji involved in project to reduce carbon dioxide emissions
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With adverse effects of climate change continuously affecting the Pacific, the Fiji government and delegates from the Pacific Island countries are currently looking into a climate change mitigating project that reduces carbon emission and allow economic development.
Nat’l workshop on carbon trading kicks off
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KATHMANDU, Jan 23: A two-day national workshop on Clean Development Mechanism (CDM) and Reduced Emission from Deforestation and Degradation (REDD) kicked off in Kathmandu on Sunday with the primary objective of devising measures to reap maximum benefits from carbon trading.
China provides opportunities to generate carbon credits via the CDM process
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Although China is a signatory to the Kyoto Protocol, it is listed as a “non-Annex I” country, meaning it is not under any legal obligation to reduce its greenhouse gas emissions. However, under the Protocol’s Clean Development Mechanism, foreign entities either from or sponsored by an Annex I signatory can partner with non-Annex I countries, such as China, to carry out voluntary projects that reduce greenhouse gas emissions in those countries, yielding carbon credits, known as certified emission reduction units, or “CERs.” Foreign entities can also acquire CERs generated through such CDM projects and use them to satisfy their home country’s greenhouse gas reduction commitments.
U.N. panel says it has cut carbon offset backlog
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LONDON – A U.N. panel which oversees a market in carbon offsets under the Kyoto Protocol says it has cut a backlog in project approvals, a development that is likely to quell long-running private sector complaints about delays.
U.N. panel says has cut carbon offset backlog
(Reuters) – A U.N. panel which oversees a market in carbon offsets under the Kyoto Protocol says it has cut a backlog in project approvals, a development that is likely to quell long-running private sector complaints about delays.
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From renewed climate hope to absurd market expectations
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By Patrick Bond
Business Day (Johannesburg), 2010/12/31
THE recent Cancun climate- change agreements fatal flaw is simple: faith in fickle markets. A year from now in Durban, the apparently unifying strategy of combining ever- broader emissions trading with a modicum of north-south aid to resolve contradictions between national blocs will again become a destructive wedge.
KPLC, Standard Bank in a five-year carbon trading project
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Electricity utility firm Kenya Power and Lighting Company has signed a carbon trading deal with Standard Bank, CfC Stanbic Banks parent company that sets the stage for clean energy production in Kenya.
Quick Stop on Cancun COP: December 9
Setting the Stage
LULUCF: Key issues for Land Use Land Use Change and Forestry (LULUCF) are accounting in developed (Annex 1) countries and the future of the Clean Development Mechanism (CDM) post 2012. Negotiators are focused on if and how emissions from forest management will be accounted for by developed countries. Both issues are being hashing out in the AdHoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP15).
REDD+: Potential agreements on REDD+ are a beam of hope in an otherwise dreary forecast. Components relevant to REDD+ wind throughout several negotiation streams as well as Interim REDD+ Partnership discussions. How REDD+ could fit into country emission reduction commitments, equitable distribution of funds, the use of market mechanisms and the development of appropriate funds are in motion under the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG LCA). AWG-LCA Chair Margaret Mukahanana- Sangarwe identified REDD+, along with adaptation agriculture and technology as issues as areas where consensus could be reached at COP 16.
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New climate change practitioner survey findings topical to COP16 proceedings
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As COP16 in Cancun moves to discussion of CDM reform and negotiations continue on issues related to REDD, MRV, and capacity building
A report is released by GHG Management Institute, in conjunction with Sequence Staffing. The report presents findings from a survey of ~1,000 global greenhouse gas measurement and management practitioners. The following findings have immediate relevance to UNFCCC proceedings: GHG verification and CDM/JI
EU to crack-down on “gaming” of carbon offsets
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EU officials have confirmed they will move to address controversial carbon credits that “game” the Clean Development Mechanism (CDM) and undermine the effectiveness of the EU emissions trading scheme (ETS) before the end of the month.
CO2 Risk Tool May Spur UN Carbon Trade, IDEAcarbon
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London, October 15 – IDEAglobal, a research company advised by economist Nicholas Stern, has started selling software that predicts prices of United Nations carbon credits and may spur trading and investment in emissions reduction.
On Our Radar: Skepticism on Carbon Offsets
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Skepticism runs high on the Clean Development Mechanism, a carbon offset program created by the Kyoto Protocol. The program allows companies in industrialized countries to earn carbon credits by sponsoring greenhouse gas reduction projects in developing countries. Large numbers of credits have been given for the construction of hydroelectric dams in China, however, which experts call an abuse of the system. [The International Herald Tribune]
More carbon credit projects planned
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Bangkok, October 13 – EDF Trading, one of the worlds top three carbon credit buyers, is considering up to six more projects in Thailand for next year in addition to 10 projects in which it already signed contractual purchasing agreements.
More carbon credit projects planned
| Sourced From |
EDF Trading, one of the world’s top three carbon credit buyers, is considering up to six more projects in Thailand for next year in addition to 10 projects in which it already signed contractual purchasing agreements.
‘Promote carbon trading’
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The Centre should promote a carbon credit trading mechanism on lines of the Kyoto Protocol in the country to enable the plantation industry to earn carbon credits.
Nigeria: Minister Makes Case for Carbon Credit Market
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Lagos The Minster of Environment, John Odey said since Nigeria now controls over 40 percent of the certified emission reduction in Africa, it can leverage on it to generate ingestible funds.