The global carbon markets began quietly in the late 1980s as part of a voluntary effort to save rainforests, but these small, voluntary efforts were quickly eclipsed
Company created to sell carbon credits will shut down
| Sourced From Radioiowa |
An Iowa-based company that helps farmers buy and sell agricultural carbon credits is making plans to shut down, following the closure of the Chicago Climate Exchange. Dave Miller is Chief Science Officer for Agragate Climate Credits Corporation, based at the Iowa Farm Bureau Federation.
Nippon Steel achieves a 15pct cut in CO2 emissions
| Sourced From Steelguru.com |
Reuters reported that Nippon Steel Corporation had achieved a 15% cut in energy origin carbon dioxide emissions in the fiscal year that ended in March from 1990 levels due to energy saving measures.
CSX to cut carbon emissions by 8%
| Sourced From Bizjournals.com |
CSX Corp. plans to reduce carbon dioxide emissions by 8 percent by 2011. The companys plan is part of its participation in the Environmental Protection Agencys Climate Leaders Program, a voluntary program for businesses to reduce greenhouse gas emissions.
- Author: admin
- Published: Mar 21st, 2009
- Category: Press Releases
- Comments: None
EcoSecurities announces first APX Registry transfer of Voluntary Carbon Units
| Sourced From Business Wire |
DUBLIN–(BUSINESS WIRE)–EcoSecurities (LSE:ECO), one of the leading companies in the business of sourcing, developing and trading carbon credits worldwide, makes its first APX Registry transfer of Voluntary Carbon Units (VCUs) to The CarbonNeutral Company, a world leading carbon offset and carbon management business. These Verified Emission Reductions (VERs), verified to the Voluntary Carbon Standard (VCS) were transferred following the successful registration and issuance of VCUs from a wind project based in India.
- Author: admin
- Published: Mar 18th, 2009
- Category: Press Releases
- Comments: None
Global register of carbon offset projects launched
| Sourced From EndsEurope |
The Voluntary Carbon Standard Association (VCSA) has launched a global register of carbon offset projects it says will provide a “cast iron environmental and financial guarantee” for firms seeking to offset their emissions.
New Carbon Finance’s Voluntary Carbon Index (VCI), Jan-Feb 2009
| Sourced From New Carbon Finance |
The downward trend of voluntary carbon prices and transacted volumes during January and February indicates that the global economic recession has now also spread to the voluntary carbon market. Our New Carbon Finance Voluntary Carbon Index (VCI), which tracks over-the-counter (OTC) transactions on the wholesale market, decreased by 29% from Nov/Dec price levels (from $7.3/tCO2e to $5.2/t), and by 38% from its peak in July/Aug (from $8.4/t to $5.2/t). The economic recession has also impacted trading activity as transacted volumes tracked by the VCI decreased by almost 70% since Nov/Dec (from 2.7Mt to 0.9Mt).
