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Nov. 29 (Bloomberg) — United Nations emissions offsets fell to a four-month low as regulators of the worlds second- biggest carbon market allowed a record volume of credits to be issued today, mainly to projects previously held up for review.
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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.
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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.
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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.
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Emergent Ventures India is a division of the recently extended form of a U.N. program the Clean Development Mechanism that is designed to propagate the use of clean energy expertise in a larger way in third world countries to reduce carbon dioxide emissions.
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Rana
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European industries are subsidising direct competitors in China and India by buying international credits to offset their carbon dioxide emissions, an NGO said in a new report.
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The event will create a networking platform for the Mexican and Central American carbon market industry, policy makers and potential investors to examine growth strategies for the market as well as investment options and regional policy movements.
MUMBAI: The number of carbon credits issued for emission reduction projects in India is set to triple over the next three years to 246 million by December 2012 from 72 million in November 2009, according to a CRISIL Research study.
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The Development Bank of the Philippines (DBP) has signed an agreement with Tricorona Carbon Asset Management Pte Ltd. for the sale of certified emission reduction (CER) credits generated by three mini hydro power plants in the country, Malaya Business Insight has reported.
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In this weeks column I continue my evaluation of the global carbon-trading market as a key element in strategies to combat atmospheric pollution, global warming and climate change. Todays plan is to begin with introducing readers to some of the key items and technical terms routinely used on carbon-trading exchanges. Readers ought to be familiar with these because they are, as it were, the nuts and bolts embedded in the workings of the various climate exchanges. Importantly also, as it turns out these have been referenced in the LCDS, where they are treated rather tersely, leaving it up to readers to seek further information elsewhere. My expectation is that by explaining these terms here, albeit briefly, I will be able to reinforce some of the vital information on climate exchanges, which I passed on to readers in previous columns.
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* 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.
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Opposition calls for investigation into Hungary’s carbon credits
Hungary’s main opposition Fidesz on Monday called on the government to investigate a recent scandal in connection with the country’s tradable carbon credits.
The investigation should determine whether Hungarian Energy Power, the company which bought credits from the Environment Ministry, was the best bidder, said
As the UN climate summit in Copenhagen stresses on the reduction of carbon emissions, the furnace industry of Punjab is still looking for a better deal. Five years after signing an MoU with the World Bank (WB) to sell their carbon units, the industry is still to sell even a single unit.
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Similarities and disparities among Bric countries in different spheres of economic activity have been well-documented. But one area where the disparity is most visible is in emission trading whereby countries having commitments under the Kyoto Protocol use market mechanisms to acquire emission units from other countries and use them to meet a part of their targets. This clean development mechanism (CDM) allows emission reduction projects in developing countries to earn certified emission reduction (CER) credit by reducing greenhouse gas emissions which are then sold to industrialised countries to meet a part of the targets.
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Tokyo, Japan, November 19, 2009 –(PR.com)– Westernfield Holdings Inc. is looking to ramp up funding for carbon offset projects in Asia that fall within the guidelines of the U.N.s Clean Development Mechanism (CDM) and is jointly financing an $80 million Malaysian project.
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Nov. 16 (Bloomberg) — Electricite de France SA may buy as many as 4 million tons of carbon credits through 2020 from Latin American projects and trade them in Europes emissions program.
OSLO, Nov 4 (Reuters) – The commodities trading arm of NASDAQ OMX Group (NDAQ.O) will launch a physical certified emission reduction (CER) spot contract on its Nord Pool carbon trading platform in the Nordics on Nov. 20.
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Inner Mongolia-based Baotou Steel recently got approval from the United Nations to sell its first phase 305,831 tons of Carbon Dioxide emission reduction credits (CER). The CER are sold for 8 euro per ton to enterprises including the Deutsch Bank.
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Mumbai: Carbon credits were launched in India nearly two years ago, but the exchanges on which they were to be traded are faced with a rather unique problem: while there are plenty of entities willing to sell carbon credits, there are almost no buyers.
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SIX local firms engaged in projects ranging from sewage treatment to recycling have applied to join a United Nations-run scheme that makes it easier for them to trade in carbon credits.
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October 2009: The report of the 50th meeting of the Executive Board (EB) of the Clean Development Mechanism (CDM) is now available on the CDM website. The EB held its 50th meeting from 13-16 October 2009, in Bangkok, Thailand, and considered matters relating to CDM afforestation and reforestation projects, small-scale CDM projects, and the registration of CDM projects, among others.
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Accra Clean Development Mechanism (CDM) is a mechanism whereby an Annex One party or industrialized country under the United Nations Convention Framework for Climate Change (UNFCCC) system and its extension project, the Kyoto Protocol, may purchase emissions reduction which arise from projects located in Non- Annex One countries or developing countries.
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Nedbank CEO Tom Boardman on Tuesday announced that after measuring and auditing the company’s carbon footprint, the banking giant had taken the decision to become carbon neutral’.
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LONDON (Reuters) – European carbon emissions futures climbed to a new four-month high on Friday, tracking crude oil gains and pushing through a key resistance level of 15 euros, traders said.
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