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Top Stories

UPS and 12 other shippers offering carbon offsets

13 shipping companies offering carbon offsets:

1. uShip (Carbon Offsets from ) 
2. DHL (Carbon Offsets from N/A) 
3. BetterWorld.org (Carbon Offsets from ) 
4. EvoGear.com (Carbon Offsets from ) 
5. 3rLiving.com (Carbon Offsets from ) 
6. Alonovo.com (Carbon Offsets from ) 
7. EA Logistics “Delivered GrEAn” (Carbon Offsets from ) 
8. CarbonCart.com (Carbon Offsets from ) 
9. Continental Airlines Cargo (Carbon Offsets from )
10. UHaul (Carbon offsets from ) 
11. Gaiam (Carbon Offsets from ) 
12. Clif Family Winery (Carbon Offsets from NativeEnergy) 
13. UPS (Carbon Offsets from certified projects) 

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Posted on October 6, 2009 · in Top Stories

17 Airlines, Airports and Airplane Ticketers that offer Carbon Offsets

1. Continental (Carbon Offsets from )
2. Delta (Carbon Offsets from )
3. Virgin (Carbon Offsets from )
4. Cathay Pacific (Carbon Offsets from ???)
5. SAS (Carbon Offsets from )
6. Expedia (Carbon Offsets from )
7. JetBlue (Carbon Offsets from )
8. Travelocity (Carbon Offsets from )
9. World Class Charters (Carbon Offsets from )
10. Virgin America (Carbon Offsets from )
11. Virgin Charter (Carbon Offsets from TerraPass)
12. Japan Airlines (Carbon Offsets from Carbon NeutralC ompany) More…
13. SFO Airport (Carbon Offsets from 3Degrees) More… Another…
14. (Carbon Offsets from STI)
15. Avantair (Carbon Offsets from TerraPass) More…
16. Jet Republic (Carbon Offsets from ClimateCare, a division of JP Morgan) More…
17. SWISS (Carbon Offsets from Myclimate) More…

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Posted on September 29, 2009 · in Top Stories

Credibility of project-based offsetting in tatters

Over the weekend there was news that a company called SGS was suspended by the United Nations from its role as an auditor of carbon offset projects. SGS had been appointed by the UN to check that offsetting projects were being set up properly and reduced greenhouse gas emissions.

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Posted on September 14, 2009 · in Top Stories

71 Brands using Carbon Offsets

71 of the top brands using carbon offsets in the industries of Airlines, Auto, Bottled Water, Consumer Products, Credit Card, Energy, Events, Facebook, Fashion, Online Retail, Publications, Shipping, Shopping Malls, Travel

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Posted on September 7, 2009 · in Top Stories

UPDATE: Model Application Materials for RGGI Offsets Now Available Online

| Sourced From |
 
May 15, 2009 — Draft model verifier Accreditation Applications, offset project Consistency Applications, and offset project Monitoring and Verification Report materials for offsets under the Regional Greenhouse Gas Initiative (RGGI) state CO2 Budget Trading Programs are now available at www.rggi.org. The draft model materials are intended to help potential project sponsors and project verifiers collect necessary documentation before state-specific applications and submittal materials are released later this month.

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Posted on May 15, 2009 · in Top Stories

Australia delays carbon trading scheme by a year

| Sourced From |

The Australian government yesterday risked the ire of environmental and carbon trading groups with the announcement that it is to delay its high-profile emissions cap-and-trade scheme by a year as a result of the recession.

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Posted on May 6, 2009 · in Top Stories

CDM achievements ‘far outweigh’ difficulties and flaws – Unctad

| Sourced From |

A panel of climate experts, economists, and government officials have noted the difficulties, and discussed ways on how to increase participation by developing countries in the Clean Development Mechanism (CDM).

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Posted on May 6, 2009 · in Top Stories

China carbon credits a boon amid market slump: Camco

April 23, 2009 Top Stories

| Sourced From Reuters |
BEIJING (Reuters) – China should be praised for its lead role in a U.N.-backed scheme to cut carbon emissions and efforts to cap its flow of credits should be resisted, a leading British-based clean-energy project development firm said.
Continue Reading on Reuters

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New Report Sheds Light on Corporate Attitudes Toward Forestry Carbon Offsets

April 20, 2009 Top Stories

| Sourced From GreenBiz.com |
OXFORD, U.K. and OAKLAND, Calif. — A new study released today from EcoSecurities, Conservation International, the Climate, Community and Biodiversity Alliance, and ClimateBiz.com analyzes the perceptions and expectations driving corporate decisions to buy forestry carbon offsets.

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Report warns EU carbon market will be long through to 2012

April 17, 2009 Top Stories

| Sourced From BusinessGreen.com |
Falling industrial output means the EU emissions trading scheme will face an oversupply of emissions allowances (EUAs) during the current phase of the market, which runs from 2008 to 2012, according to new research from Barclays Capital.

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GreenWorld Launches ShopGreen™ Carbon Offsets Web Application

April 15, 2009 Press Releases

Free Web Application Helps US-Based Online Retailers and their Customers ‘Go Green’
Los Angeles, CA (PRWEB) April 15, 2009 — GreenWorld, a start-up dedicated to providing the best carbon offset applications on the web, today announced the launch of ShopGreen™. This free web application enables US-based online retailers to allow shoppers to add an investment equal [...]

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Qatar Airways Teams Up With IATA For Global Initiative Carbon Offset Trading Scheme

April 14, 2009 Top Stories

| Sourced From FinChannel.com |
The FINANCIAL — Qatar Airways has signed a ground-breaking agreement with aviation industry body IATA to spearhead a truly global carbon offset trading scheme designed to help fund global environmental projects.

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States Initiate Bidding Process for Fourth RGGI CO2 Allowance Auction

April 13, 2009 Top Stories

| Sourced From RGGI.Org |
For Immediate Release Contact:Emilee Pierce
April 13, 2009 212-417-3179
 
 (New York, NY) — The ten Northeast and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative (RGGI) today released the Auction Notice, Qualification Application and Intent to Bid for RGGI’s fourth carbon dioxide (CO2) allowance auction, scheduled for June 17, 2009. The release [...]

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World’s First Carbon Capture Plant to Begin Operations

April 12, 2009 Top Stories

| Sourced From EcoWorldly.com |
At a power plant at Lacq, energy company Total has upgraded an existing gas-fired boiler with CCS technology – a crucial step towards reducing carbon emissions from fossil-fuel power plants worldwide.

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Japan power firms make scant progress with CO2 cuts

April 10, 2009 Top Stories

| Sourced From Reuters |
TOKYO, April 10 (Reuters) – Japan’s electric power companies made little progress in producing low-carbon electricity and lowering emissions in the past year, industry data showed on Friday, mostly due to an outage at a nuclear power plant.
Continue Reading on Reuters

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Rental Car Group Signs Up 175,000 Customers for Carbon Offsets

April 8, 2009 Top Stories

| Sourced From Environmental Leader |
More than 175,000 rental car customers have participated in a carbon offset program offered by Alamo Rent A Car, Enterprise Rent-A-Car and National Car Rental, all owned by the Taylor family of St. Louis, since the program’s launch in 2007.
Continue reading on Environmental Leader

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Airlines call on UN to impose carbon caps

April 6, 2009 Top Stories

| Sourced From Business Green |
BA, Cathay Pacific, Air France/KLM and Virgin Atlantic to present UN with proposals for global aviation cap-and-trade scheme

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Too many enterprises in denial about carbon management

April 4, 2009 Top Stories

| Sourced From Express Computer |
A high proportion of IT professionals responsible for “green IT” programs are unsure whether their enterprises are considering carbon pricing, according to Gartner. A recent Gartner survey found that 36% of respondents that were responsible for green IT programs in enterprises said it was possible, or they didn’t know, if [...]

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World largest hydropower CDM project launched in Gansu

April 4, 2009 Top Stories

| Sourced From iStockAnalyst.com |
Apr. 1, 2009 (Xinhua News Agency) — World largest hydropower CDM project launched in Gansu
Bingling Hydropower Clean Development Mechanism (CDM) project, the world’s largest hydropower CDM project, has been launched in Northwest China’s Gansu province.

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Rich urged to make deeper CO2 cuts

April 2, 2009 Top Stories

| Sourced From Reuters |
BONN, Germany (Reuters) – China, India and other developing nations joined forces on Wednesday to urge rich countries to make far deeper cuts in greenhouse gas emissions than planned by 2020 to slow global warming.
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China passes 500 mark for U.N. clean energy projects

April 1, 2009 Top Stories

| Sourced From Reuters |
SINGAPORE (Reuters) – China, the world’s top greenhouse gas polluter, has passed a milestone in the number of U.N.-backed clean energy projects, with the world body approving more than 500 such schemes so far.
Continue Reading on Reuters

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2010 Games officials eye global warming costs

March 31, 2009 Top Stories

| Sourced From Reuters |
VANCOUVER, British Columbia (Reuters) – Organizers of the 2010 Olympic Winter Games said on Monday they are confident they can find sponsors to help with the estimated C$4.5 million ($3.6 million) cost of keeping the event from adding to global warming.
Continue Reading on Reuters

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VANOC reveals plans for carbon offsets; sets target

March 31, 2009 Top Stories

| Sourced From The Globe And Mail.com |
VANCOUVER — The 2010 Olympics are turning to the private sector to help offset carbon emissions during the Winter Games.

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Poland may get CO2 permits from EU mid-April: source

March 30, 2009 Top Stories

WARSAW (Reuters) – Poland may receive long-awaited permits for its 2008 carbon dioxide emissions around the middle of next month, a source close to the matter said on Monday.
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UN to Randomly Test CDM Emissions Certifiers

March 28, 2009 Top Stories

| Sourced From Environmental Leader |
The Executive Board (EB) of the United Nation’s Clean Development Mechanism (CDM) announced tighter standards and streamlined procedures for the accreditation of third-party certifiers at a recent board meeting in Bonn, Germany, according to Energy Risk.
Continue reading on Environmental Leader

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Australia opens bidding for undersea carbon plan

March 27, 2009 Top Stories

PERTH, March 27 (Reuters) – Australia opened the bidding on Friday for ten offshore areas that will be used to store carbon dioxide, bringing its pioneering plan to reduce emissions by pumping the greenhouse gas beneath the ocean floor a step closer to reality.
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Top China think tank proposes greenhouse gas plan

March 26, 2009 Top Stories

BEIJING (Reuters) – A top Chinese state think tank has proposed a global greenhouse gas trading plan to reflect the different historic emissions of rich and poor nations, indicating deepening discussion in Beijing about climate change policy.
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Low-carbon Britain makes sound business says npower report

March 26, 2009 Top Stories

| Sourced From Birmingham Post |
Businesses that make emissions reduction a board level priority and embrace new skills can reap the rewards of a low-carbon Britain, according to a new report.

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ETS ‘to shrink regional growth’, says secret NSW Government report

March 25, 2009 Top Stories

| Sourced From The Australian |
REGIONAL economies could shrink by more than 20 per cent over the next 40 years under the Rudd Government’s emissions trading scheme, according to secret modelling commissioned by the NSW Government but never released.

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Carbon trade could fund high-speed U.S. trains: CCX

March 24, 2009 Top Stories

NEW YORK (Reuters) – Carbon markets could one day help support the development of U.S. high-speed commuter rail lines, the head of the Chicago Climate Exchange (CCX) said on Tuesday.
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U.S. Big Steel pushes for carbon fees on China

March 23, 2009 Top Stories

NEW YORK – China’s steel industry should face fees on its exports into the United States if Washington adopts greenhouse gas cuts and Beijing does not, U.S. steel industry officials and advocates said.
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Rising CO2 prices boost project developers’ shares

March 23, 2009 Top Stories

LONDON, March 23 – Rising carbon prices are helping boost shares in clean energy project developers, weeks after bearish sentiment in the carbon market forced them to record lows. UK-based project developers EcoSecurities (ECO.L) and Camco (CAMIN.L) have seen their shares more than double in the past six weeks, supported also by increased institutional investment [...]

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Indec sues Regional Greenhouse Gas Initiative over carbon cap and trade program

March 22, 2009 Top Stories

| Sourced From Examiner |
Indec, a utility with power plants in the Northeast, has sued in the New York Federal District Court over the Constitutionality of the Regional Greenhouse Gas Initiative (RGGI). This is good news. The RGGI is an a new and untested voluntary state regulatory approach to GHG and Climate Change control. The [...]

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States Release Results of Third Auction for RGGI CO2 Allowances

March 20, 2009 Top Stories

| Sourced From NewsLI |
(New York, N.Y.) The states participating in the Regional Greenhouse Gas Initiative (RGGI) today announced the results of the third auction for RGGI carbon dioxide (CO2) allowances. The March 18th auction was the first since compliance obligations under RGGI’s first three-year control period began January 1, 2009.

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Five countries to get UN funds for reducing carbon emission

March 19, 2009 Top Stories

| Sourced From The Times of India |
NEW YORK: Five countries in Africa, Asia and Latin America will receive a fund of $8 million from a United Nations programme aimed at reducing greenhouse gas emissions from forests while boosting local livelihoods.

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Global carbon price unlikely for 10-15 years: analysts

March 19, 2009 Top Stories

COPENHAGEN (Reuters) – A single global price for carbon emissions is not likely for another 10 to 15 years because governments are dragging their heels on legislation, market analysts said on Wednesday.
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Carbon market suffers pinch of recession

March 18, 2009 Top Stories

COPENHAGEN, March 17 (Reuters) – The impact of recession on the global carbon market was evident at a Point Carbon emissions trading conference this week, with attendance down about a fifth from recent boom years.
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Carbon trading: pulling the cap on tight at Copenhagen

March 17, 2009 Top Stories

| Sourced From Guardian.Co.UK |
Yesterday was day one of a conference on carbon trading — a phenomenon that will either save the world from rising carbon emissions, or is a “scam” that is part of the problem.

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CARBON OFFSETS SCAM

March 16, 2009 Top Stories

| Sourced From National Center for Policy Analysis |
While much media attention has been paid to “cap-and-trade” schemes as a way to prevent global warming, there is a second path to “global warming” salvation — carbon offsets. But it’s all just smoke and mirrors, says Sterling Burnett, a senior fellow with the National Center [...]

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Brokers still piling into carbon trading market

March 15, 2009 Top Stories

Brokers are still cramming into the $120 billion carbon emissions trading market four years after its launch, despite tumbling European carbon prices and grim economic conditions.
Continue Reading on Reuters

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SA wants carbon capture operation in place by 2020

March 14, 2009 Top Stories

| Sourced From Business Today |
SA WANTS to have a fully operational carbon capture and storage demonstration plant by 2020, according to the South African National Energy Research Institute (Saneri), the government body responsible for energy research and development.

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Obama Tells Business Roundtable: “If You’re Giving Away Carbon Permits For Free … It Doesn’t Work” And “The Science Is Overwhelming”

March 13, 2009 Top Stories

| Sourced From WorldChanging |
Obama spoke to the CEO’s from the world’s biggest companies yesterday and, “offered his most extensive remarks on global warming policy since taking office yesterday,” as E&E Daily (subs req’d) reports.

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UPDATE 2-Climate Exchange ‘08 volume surges, loss narrows

March 12, 2009 Top Stories

* Trading volumes across EU and U.S. more than double
* 2.5 mln pound pretax loss, 65 pct increase in revenues
* Analysts question whether market dominance will continue
LONDON, March 12 (Reuters) – British emissions exchange operator Climate Exchange Plc (CLIE.L) said on Thursday that trading volumes on its two main exchanges more than doubled in 2008 [...]

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NZ looking to relaunch stalled carbon trade scheme

March 11, 2009 Top Stories

WELLINGTON (Reuters) – The New Zealand government is expected to move to revive its emissions trading scheme in coming months and is closely watching neighboring Australia, which has just unveiled its carbon trade laws.
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Newspaper Promo Offsets Carbon Emissions

March 11, 2009 Top Stories

|Sourced From The Environmental Leader |
Save the Planet and Win, a social network dedicated to raising global carbon awareness, is helping to neutralize the carbon footprints of newspaper readers.
Continue reading on Environmental Leader

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CEZ says good time to buy carbon credits

March 11, 2009 Top Stories

PRAGUE (Reuters) – Carbon prices are attractive and it is good time to buy pollution credits for future use, Czech power firm CEZ Sales Director Alan Svoboda said on Tuesday.
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S&P’s new low carbon index

March 10, 2009 Top Stories

| Sourced From MNN |
Today, the S&P 500 Index closed down one percent to 676.53.  This is less than half of the 52-week high of 1,440.24.  The Dow is also down to levels not seen in over a decade.  Despite the volatility of the market, there is a growing demand for eco-focused investments.  To help [...]

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Australia faces opposition to carbon trade law

March 10, 2009 Top Stories

| Sourced From Financial Times |
CANBERRA, March 10 – Australia’s government faced new objections to its pioneering carbon trading scheme from both ends of the political opposition on Tuesday, just as it unveiled the legislation it hopes to pass by the middle of this year.

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Australia unveils carbon trade legislation

March 10, 2009 Top Stories

CANBERRA (Reuters) – The Australian government released its long awaited carbon trading legislation on Tuesday, sticking to its timetable for a carbon market by mid 2010 and a 5 percent cut in emissions by 2020.
Continue Reading on Reuters

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IBM to Fight Asia Pacific Region’s Carbon Emissions

March 9, 2009 Top Stories

| Sourced From Green.TMCnet.com |
IBM has announced a global agreement to deliver and deploy GreenCert with Enterprise Information Management, C-Lock Technology (C-Lock) and Foxconn/Hon Hai Technology Group. GreenCert is a system that calculates and certifies the amount of greenhouse gas emissions produced by a facility.

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Second CDM forestry project approved

March 9, 2009 Top Stories

| Sourced From Carbon Positive |
A second reforestation project has been registered by UN authorities, a milestone for the land-use sector after years of setbacks in tree-based carbon sequestration activities under the Kyoto Protocol.

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United States-Cattle carbon emissions

March 9, 2009 Top Stories

| Sourced From Farming UK |
NCBA Expresses Support for Bill to Amend Clean Air Act with Respect to Agriculture Emissions
NCBA sent a letter to Senators Thune and Schumer today expressing support for their bill to amend the Clean Air Act with respect to certain emissions from agricultural production. The bipartisan bill, S. 527, would prohibit [...]

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Carbon Storage Still a Decade Away, Expert Says

March 8, 2009 Top Stories

| Sourced From The State Journal|
MORGANTOWN — A $3.4 billion chunk of this month’s federal stimulus package boosts carbon capture and storage research, but the technology some hope will clean coal’s greenhouse gas emissions remains far in the future.

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State seeks input on using carbon-credit auction revenue

March 8, 2009 Top Stories

| Sourced From Projo.com |
The state Office of Energy Resources is looking for comments on its plans for spending several million dollars it receives each year through its innovative auction of carbon credits that began last fall with the Regional Greenhouse Gas Initiative.

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Steve Bankhead: Carbon tax will benefit … government

March 8, 2009 Top Stories

| Sourced From Santa Cruz Sentinel |
At first glance, the stimulus bill to resolve the current economic mess by pouring tons of borrowed money into a credit and investment abyss seems to violate the adage: “If you’re in a hole, quit digging.” Since that money is borrowed from the future, future revenues will be needed [...]

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BURNETT: Carbon offsets scam

March 8, 2009 Top Stories

| Sourced From The Washington Times |
While much media attention has been paid to “cap-and-trade” schemes as a way to prevent global warming, there is a second path to global warming salvation – carbon offsets. Indeed, the House Energy and Environment Subcommittee hosted hearings recently on how to use carbon offsets to reduce the costs [...]

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Oklahoma develops program to verify carbon offsets

March 7, 2009 Top Stories

| Sourced From High Plains Journal |
The Oklahoma Conservation Commission (OCC) is developing a unique voluntary program to verify carbon offsets.

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Report Shows Solid Foundation For Carbon Market

March 6, 2009 Top Stories

| Sourced From North American WindPower |
A report issued by the 10 Northeast and mid-Atlantic states participating in the Regional Greenhouse Gas Initiative (RGGI) shows that the competitive process is working as intended in the secondary market for carbon dioxide (CO2) allowances. The report concludes that there is no evidence of anti-competitive conduct amongst participants, [...]

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Geithner defends U.S. carbon cap-and-trade plan

March 6, 2009 Top Stories

WASHINGTON, March 5 (Reuters) – U.S. Treasury Secretary Timothy Geithner on Thursday defended the administration’s plan to raise hundreds of billions of dollars in revenues from a carbon emissions cap-and-trade system, saying it would help wean America off imported oil.
Continue Reading on Reuters

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Political climate warms to carbon offsets, farmers dig in

March 6, 2009 Top Stories

| Sourced From Medill Reports Chicago |
President Obama’s call for a mandatory cap-and-trade system that would reduce carbon emissions by 80 percent by 2050 has Illinois businesses and individuals anticipating tighter pollution limits. As a result, projects that reduce or eliminate carbon dioxide emissions are on the rise.

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Has recession trimmed CO2 output? We’ll know by 2010

March 6, 2009 Top Stories

SINGAPORE, March 6 (Reuters) – The financial crisis has slashed industrial output and trade but it will be months before there is an accurate picture of how much the downturn has curbed greenhouse gas emissions, two leading scientists said on Friday.
Continue Reading on Reuters

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Seminar on carbon trading

March 5, 2009 Top Stories

| Sourced From Gulf Times|
A Carbon Market Business Opportunities seminar will be held on Sunday under the auspices of Minister of Environment HE Abdullah Mubarak al-Midhadi and the British Ambassador to Qatar John Hawkins.
The seminar at the Movenpick Towers & Suites will look to promote the carbon market and build UK-Qatar partnerships.

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Boeing says landing program cuts CO2 emissions

March 5, 2009 Top Stories

SINGAPORE (Reuters) – A system that gives aircraft tailor-made arrival paths has saved fuel and cut emissions during recent trials, aircraft maker Boeing said on Thursday.
Boeing said it has worked with several airlines over a 12-month period to test its Tailored Arrivals program.
“The Tailored Arrivals project is a major step forward as it offers pilots [...]

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Overview: Forest carbon standards in the voluntary market

March 5, 2009 Top Stories

| Sourced From Carbon Positive |
With chances for a new comprehensive global climate treaty emerging by the end of 2009 still up in the air, the uncertainty around that outcome means consideration of both the UN Clean Development Mechanism (CDM) and voluntary carbon markets by forest project developers producing carbon offsets remains prudent. The complexities [...]

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EU carbon scheme not yet hurt by low prices

March 4, 2009 Top Stories

LONDON (Reuters) – Falling carbon prices have raised questions about the credibility of the European Union’s flagship trading scheme as the bloc’s main weapon to fight global warming.
But traders and analysts insist the scheme is working as a market mechanism should and concerns over persistent low prices detract from what the scheme was intended for.
Continue [...]

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EU stance on UN carbon trade may slow climate talks, IETA says

March 4, 2009 Top Stories

| Sourced From Tehran Times |
LONDON (Bloomberg) — The European Commission’s stance on United Nations emission trading may hamper negotiation of an international climate agreement because it threatens developing nations, according to a traders’ lobby group.

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Indonesia applies for World Bank forest CO2 scheme

March 4, 2009 Top Stories

SINGAPORE (Reuters) – Indonesia has applied to join a World Bank program that supports developing nations’ efforts to fight deforestation and help them earn cash through the sale of tradable carbon credits.
The Bank’s $350 million Forest Carbon Partnership Facility aims to support developing states design and create projects under a U.N.-backed scheme that could eventually [...]

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Quality mark for carbon offsets developed

March 4, 2009 Top Stories

| Sourced From Low Carbon Economy |
Carbon offset schemes can now get a quality assurance mark to reassure consumers that they are actually achieving what they claim to, according to minister for energy and climate change Joan Ruddock.

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CER market struggles under depressed prices

March 3, 2009 Top Stories

| Sourced From Carbon Positive |
The prices of Certified Emissions Reductions (CERs) remain depressed below €10, although having lifted above their record lows for now. The price of benchmark Dec 09 CERs in secondary-market exchange trading ended February at €8.81 on the ECX, up €1.50 off its record low two weeks earlier. The Dec 09-Dec [...]

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Oracle and Zogix team up to provide carbon insight

March 3, 2009 Top Stories

| Sourced From Business Green |
New software plugs into travel expenses systems to provide instant data on carbon emissions

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Governments keep hunting for cheap CO2 credits

March 3, 2009 Top Stories

LONDON (Reuters) – The market for government-level emissions rights under the Kyoto Protocol is alive and well, mostly unfazed by the global economic downturn. Through the most opaque of the emissions trading schemes under the Kyoto climate change pact, nations comfortably below greenhouse gas targets can sell excess emissions rights to other countries in the [...]

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San Francisco City Departments add carbon offsets to their air travel budget

March 3, 2009 Top Stories

| Sourced From Examiner |
In a continued commitment towards sustainability, San Francisco Mayor Gavin Newsom is now requiring the city’s various government departments to declare how much they plan to spend on air travel.

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Global Carbon Trading Index, Funds Sink

March 3, 2009 Top Stories

| Sourced From Seeking Alpha |
The ETF Innovators Global Carbon Trading Index tracks the performance of 20 companies (summarized in accompanying table) from a starting value of 21,687 on 1/19/09 which are involved in a variety of green business activities, including the following:

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Distribution Central launches Carbon Control green initiative

March 3, 2009 Top Stories

| Sourced From CRN Australia |
Distribution Central has launched a program called Carbon Control to make all products it distributes carbon neutral.

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Fall in crude oil prices affects carbon credits mkt

March 2, 2009 Top Stories

| Sourced From Business Standard |
The ongoing global economic downturn and a sharp fall in crude oil prices in the last few months have dampened the market for carbon credits.

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World’s First Cell-Phone-Based Carbon-Micro-Credits Implementation Progressing in Kenya

March 2, 2009 Top Stories

| Sourced From PR-USA.net |
Carbon Manna Unlimited announced today the initiation of a worldwide strategic-partnering campaign to support the world’s first roll-out of its cell-phone-based Carbon Micro Credit system in Kenya, to include the town of Kogelo, Kenya, U.S. President Barack Obama’s ancestral home town.

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Fair Trade Marketing Comes to Carbon Offsets

March 2, 2009 Top Stories

| Sourced From Environmental Leader |
Once the domain of coffee and pineapples, the notion of fair trade certification is making its way to the voluntary carbon trading industry.
Continue reading on Environmental Leader

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Rich-nation 2020 Co2 cuts seen at 15%

March 1, 2009 Top Stories

| Sourced From The Economic Times |
OSLO: Rich nations have converged on targets of around 15 percent for cutting greenhouse gases by 2020, but recession across much of the world could impede efforts to agree a new UN climate pact by the end of the year.

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House Is Abandoning Carbon Neutral Plan

March 1, 2009 Top Stories

| Sourced From The Washington Post |
The U.S. House of Representatives has abandoned a plan to make its offices “carbon neutral,” a sign that Congress is wrestling with a pledge to become more green even as it crafts sweeping legislation on climate change.

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Logistics, Transport affect 5% carbon dioxide emissions

February 28, 2009 Top Stories

| Sourced From MENAFN.COM |
(MENAFN – Kuwait News Agency (KUNA)) The World Economic Forum (WEFORUM) said Wednesday that the role the logistics and transport sector and activities contribute annually approximately 5% of the 50,000 mega-tonnes of carbon dioxide emissions generated by all human activity.

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Carbon Disclosure In Discrete Measures

February 28, 2009 Top Stories

| Sourced From InformationWeek |
The Carbon Disclosure Project’s first global supply chain report, due on March 5, should be an eye-opener –- not only for what it contains but for what it lacks. Acer,Dell ( Dell), Hewlett-Packard (NYSE: HPQ), and IBM (NYSE: IBM) are among the IT companies that joined the CDP Supply Chain Leadership [...]

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US urged to lead China into carbon emission cuts

February 28, 2009 Top Stories

WASHINGTON, Feb 27 (Reuters) – The United States should take the lead in reducing carbon emissions to be able to enlist China in the global campaign to curb global warming, an expert told an annual USDA conference on Friday.
The United States and China, the world’s top two emitters of greenhouse gases from burning fossil fuels [...]

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Companies Across U.S. Poised for Growth Under Cap on Carbon

February 28, 2009 Top Stories

| Sourced From PRNewsWire |
Online Map Unveiled at Vice Presidential Task Force Profiles 1,200 Companies in Manufacturing States, Demonstrates Potential for Massive Jobs Expansion to Build Climate Solutions

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COLUMN-US cap-and-trade choice inferior to carbon tax: John Kemp

February 28, 2009 Top Stories

| Sourced From Forexpros |
LONDON, Feb 27 (Reuters) – President Barack Obama’s first budget puts climate change at the heart of the administration’s long-term economic plan. But despite the clear theoretical advantages of a simple carbon tax, he seems set to follow the EU and California in opting for a cap-and-trade system.

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Government departments could trade carbon

February 28, 2009 Top Stories

Sourced From Low Carbon Economy |
Government departments could be given a carbon budget and will be expected to trade amongst each other in order to meet their targets, energy and climate change secretary Ed Miliband has said.

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Clamping Down on Carbon

February 27, 2009 Top Stories

| Sourced From Baseline |
These days, it’s difficult to pick up a magazine or switch on the television without hearing the words “carbon footprint.” Yet understanding the concept and relating it to a business can be perplexing.

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Armed forces declare war on carbon footprint

February 27, 2009 Top Stories

| Sourced From Business Green |
The Ministry of Defence (MoD) has today announced wide-reaching plans to reduce its dependency on fossil fuels as one of five key strands of its newly unveiled Technology Procurement Strategy.

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Low EU prices no concern for carbon scheme -Australia

February 27, 2009 Top Stories

CANBERRA, Feb 27 (Reuters) – Australia’s climate change minister on Friday said she had no concerns about the fall in carbon prices in Europe and said the low price would not force changes to Australia’s plans for carbon trading in 2010.
Continue Reading on Reuters

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Carbon offsets: Are they worth your money?

February 26, 2009 Top Stories

| Sourced From MSNBC |
Do you drive? Use electricity? Travel by plane? Unless you live off the grid in a self-sustaining house powered by solar panels, consume only food you’ve grown yourself and travel only as far as your feet will take you, the answer is an environmentally unfriendly “yes.”

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Carbon Offsets: No Sure Bet to Prevent Climate Change

February 26, 2009 Top Stories

| Sourced From  National Centre for Policy Analysis |
The 1997 Kyoto Protocol requires developed countries to reduce greenhouse gas emissions to below 1990 levels. In 2005, the European Union implemented a “cap-and-trade” scheme based on an arguably successful U.S. program to lower sulfur dioxide emissions.

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UK sees need to structure EU’s CO2 trade scheme

February 26, 2009 Top Stories

LONDON (Reuters) – The UK’s energy and climate change secretary Ed Miliband recognized on Wednesday that the European Union’s carbon trading scheme needs to be structured in the best way possible way to ensure proper carbon price levels.
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Carbon emissions from freight can be cut

February 25, 2009 Top Stories

| Sourced From AFP |
GENEVA (AFP) — Carbon emissions arising from the transport and logistics sector could be cut significantly if ships travelled at a lower speed and the industry adopted cleaner technology, a report said Wednesday.

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Don-Bur help ICI Paints AkzoNobel reduce CO2 emissions

February 25, 2009 Top Stories

| Sourced From TNN |
One of the world’s leading industrial companies, ICI Paints AkzoNobel, has taken delivery of new Don-Bur curtain-sided ‘Teardrop’ trailers following an environmental review.
These innovative trailers, developed and manufactured by Don-Bur, have a full length curve over the whole roof. The distinctive shape reduces turbulence and minimises drag; dramatically improving the vehicle [...]

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UPDATE 2-Obama seeks US carbon emissions cap, clean energy

February 25, 2009 Top Stories

WASHINGTON, Feb 24 (Reuters) – U.S. President Barack Obama on Tuesday called on Congress to send him legislation that places a market-based cap on U.S. carbon polluting emissions and pushes the production of more renewable energy.
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Rocket crashes with CSU device to measure CO2

February 25, 2009 Top Stories

| Sourced From Denver Post |
More than a decade of work and planning by two Colorado State University scientists plunged into Antarctic waters Tuesday when a $240 million satellite failed to get into orbit.

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Carbon absorbing tropical forests a potential gold mine

February 25, 2009 Top Stories

| Sourced From The Jakarta Post |
Indonesia could reap huge financial benefits from carbon sales after international scientists discovered that trees in tropical forests can absorb greater levels of carbon than those in the other parts of the world.

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Point Carbon sees carbon trade in 2009 seen rising 20 percent

February 24, 2009 Top Stories

| Sourced From ProactiveInvestors |
The global carbon market in 2009 will grow by 20 percent over 2008 in terms of volume, predicts Norwegian energy and environmental markets research group Point Carbon.

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Romania could derive 1 billion euro from trade in carbon emission rights

February 24, 2009 Top Stories

| Sourced From FinancialUrl.ro |
Romania could derive almost 1 billion euro each year because the carbon emissions of its industries are 40% under the limits provided for under the Kyoto Protocol. The value has been confirmed by officials of the World Bank in Washington during a conversation with Chairman of the Committee on Industries and [...]

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UK Foreign and Commonwealth Office carbon offsets support renewable energy and energy efficiency projects in India and Mexico

February 23, 2009 Top Stories

| Sourced From  Environmental Expert |

The Foreign and Commonwealth Office, a UK government department, has purchased carbon credits from four low carbon projects in emerging markets to offset air travel emissions.

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Carbon allowances set to soar as ‘perfect storm’ hits

February 23, 2009 Top Stories

| Sourced From Daily Telegraph |
The report, written by corporate finance and equity capital markets adviser Tom Frost, of Akur Partners, predicts that the price of carbon could increase to €64 (£57) from the current €8.40 before the end of this trading period, know as Phase II, in 2012. It is expected to be published [...]

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Turnbull launches carbon trade gamble

February 23, 2009 Top Stories

| Sourced From ABC News |
Opposition Leader Malcolm Turnbull is upping the ante in the row over carbon trading, backing tougher emissions cuts than the Government while bidding to launch a Senate enquiry into the much-criticised emissions trading scheme (ETS).

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China’s increasing carbon emissions blamed on manufacturing for west

February 23, 2009 Top Stories

| Sourced From Guardian.co.uk |
New research shows extent of ‘off-shore’ emissions as Chinese manfacturing for US accounts for 6% of total

The full extent of the west’s responsibility for Chinese emissions of greenhouse gases has been revealed by a new study. The report shows that half of the recent rise in China’s carbon dioxide pollution was [...]

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Hixson firm among first to verify CO2 emissions

February 22, 2009 Top Stories

| Sourced From Chattanooga Times Free Press |
As America prepares its fight against global warming, a Hixson environmental engineering firm could play a key role in ensuring it is a fair battle.

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Electric Cars Not Yet Free of CO2 Emissions

February 21, 2009 Top Stories

| Sourced From IBTimes |
Electric cars emit gases indirectly if they use widely available power from fossil fuel electric plants which burn coal, natural gas and petroleum and release greenhouse gases including carbon dioxide.

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Tree Planting as Carbon Offsets – Does Latitude Matter?

February 21, 2009 Top Stories

| Sourced From CleanTech Blog |
It’s hard to argue against any program that advocates the replanting of forests, or the avoidance of destroying forests in the first place. We all know from grade school science that, through a process called photosynthesis, trees “breathe in” carbon dioxide and “exhale” oxygen, generating the energy they need to [...]

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IMO, UNFCCC Must Work Together to Tackle Maritime Transport Emissions: Experts

February 21, 2009 Top Stories

| Sourced From ICTSD |
Because of its unique global structure, reducing greenhouse gas emissions in the maritime transportation sector will require close cooperation between the International Maritime Organization (IMO) and the UN Framework Convention on Climate Change (UNFCCC), according to experts and delegates meeting from 16-18 February in Geneva.

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EC to let Market Decide on Carbon Prices

February 20, 2009 Top Stories

| Sourced From International Centre for Trade and Sustainable Development |
The European Commission (EC) says it will not prop up Europe’s carbon market, despite continued plummeting prices. New lows for emissions permits are primarily linked to the global financial crisis of the past six months. The contraction of European industrial production – and associated carbon [...]

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Exchange to list US voluntary carbon credits

February 20, 2009 Top Stories

| Sourced From Environmental Finance |
London, 19 February: The Chicago Climate Futures Exchange (CCFE) will tomorrow list futures contracts for carbon offsets registered under the US Climate Action Reserve.

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Carbon offset pricing may confuse tourists

February 20, 2009 Top Stories

LONDON (Reuters) – Air travelers are paying vastly differing prices to offset their contribution to climate change, in some cases three times market levels, despite efforts to increase transparency in an unregulated market.
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Exclusive: EU firms selling carbon credits to survive

February 19, 2009 Top Stories

| Sourced From Business Green |
Companies in the European emissions trading scheme (ETS) are rumoured to be desperately attempting to raise cash by selling off the bulk of their emissions allowances (EUAs), despite the fact that they will have to buy them back, probably at a higher price, to avoid breaching their emissions cap.

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UN Searches for New Employees as CO2 Projects Swell

February 19, 2009 Top Stories

| Sourced From Bloomberg |
Feb. 18 (Bloomberg) — The United Nations is looking for project managers and carbon-market experts to approve a backlog of wind farms, industrial-gas reduction projects and other ventures to cut carbon-dioxide emissions.

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Australia prepares for launch of carbon futures

February 19, 2009 Top Stories

| Sourced From ninemsn |
SYDNEY, Feb 19 (Reuters) – Preparations are under way for the launch of an Australian carbon futures market that has the potential to overtake the $8 billion a year national electricity market as the country’s largest domestic commodity market.

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Carbon market speculators get caught short

February 19, 2009 Top Stories

| Sourced From Environmental Finance |
London, 19 February: Yesterday saw the largest ever volumes in Europe’s carbon market, as speculators betting on a further collapse in prices found themselves caught out.

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EPA expected to act on carbon dioxide regulation: report

February 19, 2009 Top Stories

WASHINGTON (Reuters) – The U.S. Environmental Protection Agency is expected to act soon to regulate carbon dioxide and other greenhouse gases, The New York Times reported on Wednesday, citing senior Obama administration officials.
EPA Administrator Lisa Jackson has asked her staff to review the latest scientific evidence and prepare documentation for a finding that greenhouse gas [...]

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Exclusive: Private equity raises carbon reporting fears

February 18, 2009 Top Stories

| Sourced From Business Green |
Private equity firms are to express concerns to the government that the introduction of the carbon reduction commitment (CRC) emissions trading scheme next year could land them with a disproportionately large bill and huge regulatory burden.

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POLL-EU gets carbon permit supply right for 2008

February 18, 2009 Top Stories

LONDON, Feb 18 (Reuters) – Europe avoided giving industry too many carbon permits under its Emissions Trading Scheme in 2008, ending a three-year trend of over-allocation that badly undermined the market, a majority of analysts say.
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POLL-TABLE-EU carbon emissions, price forecasts to 2020

February 18, 2009 Top Stories

Feb 18 (Reuters) – Falling industrial output from the global economic slowdown has caused European Union industrial carbon emissions to fall in 2008 and beyond, which will lead to lower demand for and cheaper price of the carbon permits called EU Allowances (EUAs).
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Saving Trees in Ecuador

February 18, 2009 Top Stories

| Sourced From KPBS |
The city of Solana Beach plans to preserve forest land in Southern Ecuador to offset the city’s carbon footprint at the same time. KPBS Environment Reporter Ed Joyce has details.

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Carbon exchanges cashing in amid EU slowdown

February 17, 2009 Top Stories

LONDON, Feb 17 (Reuters) – Carbon emissions exchanges are thriving, making as much as 2 million euros ($2.55 million) a week in revenues, Reuters data shows, just as European industry struggles to survive in the wake of the economic downturn.
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Canadian firm lists carbon projects with TZ1

February 17, 2009 Top Stories

| Sourced From Business Day |
A Canadian company that offsets carbon emissions has listed 2.5 million voluntary carbon credits on New Zealand’s TZ1 Registry.

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DNV wins back UN authorisation for CDM project approval

February 16, 2009 Top Stories

| Sourced From Business Green |
The UN has reinstated Det Norske Veritas (DNV) as an authorised verifier of emission reduction projects within the Clean Development Mechanism (CDM) offset scheme, after the company moved to improve its processes for validating and verifying projects.

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First carbon-free polar station opens in Antarctica

February 16, 2009 Top Stories

PRINCESS ELISABETH BASE, Antarctica, Feb 15 (Reuters) – The world’s first zero-emission polar research station opened in Antarctica on Sunday and was welcomed by scientists as proof that alternative energy is viable even in the coldest regions.
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Counting the carbon in overseas investments

February 16, 2009 Top Stories

| Sourced From Environmental Expert |
In a landmark settlement, two US government agencies are now required to consider the climate change impacts of overseas financing. The environmental NGOs Friends of the Earth and Greenpeace, along with the city of Boulder, Colorado, originally brought the suit to court in 2002. They alleged that the Export-Import Bank [...]

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‘CO2 reduction treaties useless’

February 15, 2009 Top Stories

| Sourced From BBC News |
A new report says treaties aimed at reducing CO2 emissions are useless.

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Seeing The Forest And The Trees Helps Cut Atmospheric Carbon Dioxide

February 15, 2009 Top Stories

| Sourced From Science Daily |
ScienceDaily (Feb. 13, 2009) — Putting a price tag on carbon dioxide emitted by different land use practices could dramatically change the way that land is used – forests become increasingly valuable for storing carbon and overall carbon emissions reductions become cheaper, according to research presented today at the annual [...]

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Britain looks set to benefit most as EU parcels out airlines for carbon trading

February 14, 2009 Top Stories

| Sourced From TolMol |
BRUSSELS: Britain, home to Europe’s busiest airport, looks set to reap the most reward from European Union plans to require airlines to buy permits to cover their carbon emissions, according to a list released Wednesday that matches each of the world’s airlines to the one EU country that will be responsible [...]

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How Will Carbon Offsets Fare During The Downturn?

February 13, 2009 Top Stories

| Sourced From Environmental Leader |
The economy is slowing down and consumers are spending less.
Continue reading on Environmental Leader

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CO2 hits new peaks, no sign global crisis causing dip

February 13, 2009 Top Stories

OSLO (Reuters) – Atmospheric levels of the main greenhouse gas are hitting new highs, with no sign yet that the world economic downturn is curbing industrial emissions, a leading scientist said on Thursday.
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Copper Peak Logistics Offers ‘Carbon Neutral’ Shipping

February 13, 2009 Top Stories

| Sourced From Environmental Leader |
Copper Peak Logistics, a fulfillment and logistics provider for the wine industry, is now offering a “carbon neutral” shipping option.
Continue reading on Environmental Leader

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In a recession, CO2 offset buyers want quality

February 13, 2009 Top Stories

LONDON (Reuters) – Prices are falling in a voluntary market in carbon offsets which allows companies to show they are cutting their contribution to climate change but in a recession buyers are concentrating on what they buy and not how many.
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CO2 levels still rising fast

February 13, 2009 Top Stories

| Sourced From Carbon Positive |
The average concentration of carbon dioxide in the atmosphere has risen from 390 to 392 parts per million in the last year, according to Scandinavian researchers.

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Carbon emitters hold talks in Tokyo

February 13, 2009 Top Stories

| Sourced From The Times of India |
TOKYO: The world’s major carbon emitters were in “full negotiation mode” on Thursday as they met in Tokyo with the clock ticking to draft a new UN treaty on fighting global warming.

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Sports strive to be swifter, higher, lower-carbon in UN-led initiative

February 12, 2009 Top Stories

| Sourced From UN News Center |
11 February 2009 – Major athletic events around the globe – from the 2014 Sochi Olympics to an annual powerboat race in Norwegian fjords – are striving to neutralize their carbon footprint as part of a world-wide climate network, the United Nations Environment Programme (UNEP) said today.Launched a year [...]

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EU Carbon Trading Not Cutting Carbon

February 12, 2009 Top Stories

| Sourced From Environmental Leader |
Business week reports that despite the acclaim of Europe’s climate-change policies, they aren’t actually cutting carbon.
Continue reading on Environmental Leader

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UNFCCC: International emissions offsetting under Kyoto Protocol has critical role

February 12, 2009 Top Stories

| Sourced From pressemitteilungen.epo.de |
Bonn. – Combating climate change requires action on all fronts and in all countries, which underscores the need to scale up and enhance innovative initiatives like the clean development mechanism (CDM), said Lex de Jonge in assuming the Chair of the CDM Executive Board.

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ANALYSIS-Low carbon price to cut renewables investment

February 12, 2009 Top Stories

LONDON, Feb 12 (Reuters) – Record low carbon prices have cut the attractiveness of investments in renewable energy and may even favour the construction of new, high-carbon coal plants, conflicting with the aims of Europe’s carbon market.
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US energy chief floats idea of a carbon tax: NYT

February 12, 2009 Top Stories

| Sourced From Google |
WASHINGTON (AFP) — US Energy Secretary Steven Chu has floated the idea of a carbon emissions tax to fight global warming, in an interview with The New York Times Thursday.

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Will Carbon Offsets Survive the Downturn?

February 12, 2009 Top Stories

| Sourced From USNews |
To get through the recession, consumers are scrimping and saving, which posits an environmental catch-22. Since we’re spending less, we’re consuming less, but since we have less to spend, we may not be as likely to put money towards extras like carbon offsets. Recently, I caught up with Patti Prairie, the [...]

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Tackling the CO2 Measurement Challenge

February 11, 2009 Top Stories

| Sourced From RedOrbit |
The challenge: very precisely measure carbon dioxide in Earth’s atmosphere all over the world, especially near Earth’s surface.

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Crisis to see Japan 08/09 CO2 emissions fall sharply-media

February 11, 2009 Top Stories

TOKYO, Feb 10 (Reuters) – The global economic downturn will help reduce Japan’s greenhouse gas emissions by some 50 million tonnes of CO2 equivalent in the current fiscal year, Kyodo news agency reported on Tuesday.
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Industrial CO2 Emitters Fixed Up With Landowners To Plant Forests

February 10, 2009 Top Stories

| Sourced From Environmental Leader |
The Office of Ecosystem Services and Markets, which is a part of the US Department of Agriculture, is taking a fresh approach to reducing carbon emissions – partnering industrial emitters of CO2 with landowners to plant forests or crops, the Christian Science Monitor reports.
Continue reading on Environmental Leader

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First US-Traded Investment Product Seeks to Capitalize on Growing Carbon Trading Market

February 10, 2009 Top Stories

| Sourced From Social Funds |
AirShares Fund aligns returns with European Union Allowances for carbon emissions, which account for the majority of the world’s emissions trading.

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Microsoft gives enterprises tool to track carbon footprint

February 10, 2009 Top Stories

| Sourced From ArsTechnica |
In June 2008, Microsoft Dynamics AX 2009, the latest of the company’s Enterprise Resource Planning (ERP) software, was released. Customers who rolled out this newest version now have the option to deploy the Environmental Sustainability Dashboard, a tool that Microsoft released for the 2009 version today. The software giant is giving [...]

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Australia firms eye energy savings to cut carbon costs

February 10, 2009 Top Stories

SYDNEY (Reuters) – Australian businesses plan to slash energy consumption and step up efficiency to hold down the expenses of greenhouse gas reduction programs, a survey of chief executives of top 200 firms by PricewaterhouseCoopers showed.
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Aquatic Informatics offsets carbon footprint with help from offsetters and go neutral

February 8, 2009 Top Stories

| Sourced From Environmental Expert |
To measure its corporate footprint, Aquatic Informatics has engaged Go Neutral Now, a Vancouver based greenhouse gas accounting firm. Go Neutral Now measures the greenhouse gas footprint using the CSA 14064-1 Specification. Aquatic Informatics reports its performance in annual GHG Reports, as required under ISO 14064-1 and in the GHG [...]

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Rosneft and Carbon Trade & Finance signed an Agreement under the Kyoto Protocol

February 7, 2009 Top Stories

| Sourced From The Financial |
The FINANCIAL — Rosneft and Carbon Trade & Finance SICAR S.A. joint venture between Dresdner Bank and Gazprombank signed the agreement for the purchase of emission reduction units (ERUs) resulting from the implementation of programs for the disposal of associated gas belonging to the Rosneft Kharampurskoye and Khasyreiskoye oilfields in [...]

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First Regional Carbon Trading System Set Up

February 7, 2009 Top Stories

| Sourced From LowCarbonEconomy |
The first regional carbon trading network has been set up to prepare businesses in Yorkshire for the introduction of the Carbon Reduction Commitment (CRC) next year.

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UN Secretary-General and UNFCCC Executive Secretary Emphasize Accelerating Action on Climate Change in Statements at Delhi Sustainable Development Summit

February 7, 2009 Top Stories

| Sourced From Climate-L |
5 February 2009: During the 2009 Delhi Sustainable Development Summit, which is organized around the theme “Towards Copenhagen: an equitable and ethical approach” and is taking place from 5-7 February 2009, in New Delhi, India, UN Secretary-General Ban Ki-moon warned that ignoring or underestimating the threat of climate change would lead [...]

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Carbon Emissions, Prices Drop As Downturn Bites

February 7, 2009 Top Stories

| Sourced From Environmental Leader |
A steep decline in industrial production, combined with decreased demand for electricity across Europe, both caused by the economic downturn, has prompted Point Carbon to reduce its carbon emissions forecast by 500 million tonnes for the period 2008-2012, equivalent to a 4.4% reduction compared with its previous report.
Continue reading [...]

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Avoid strong secondary carbon markets

February 7, 2009 Top Stories

| Sourced From Grist |
In solving the climate crisis we need to avoid creating the type of large secondary emissions trading market Kyoto did. Large secondary emission markets constitute a whole new sector with strong incentives that conflict with a really large drop in emissions. Maybe carbon traders are so noble and dedicated to saving [...]

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Australia records biggest carbon trade-trader

February 6, 2009 Top Stories

SYDNEY, Feb 6 (Reuters) – Australia has recorded its largest carbon trade to date as trading in the over-the-counter carbon market gains momentum ahead of the introduction of a carbon pollution reduction scheme scheduled for mid-2010.
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Key Stories 2009: The Carbon Crunch

February 6, 2009 Top Stories

| Sourced From Allianz |
The global recession looks like good news for the climate: economic slowdown equals reduced man-made carbon emissions. If only it were that simple.

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Climate protestors threaten to shut down London’s carbon market

February 6, 2009 Top Stories

| Sourced From Environmental Finance |
London, 5 February: After attracting thousands of climate protestors to the Kingsnorth power station and Heathrow airport, the Camp for Climate Action has turned its sights on leading carbon trading platform, the European Climate Exchange (ECX).

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Exclusive: Porritt urges business to prepare for carbon-constrained world

February 6, 2009 Top Stories

| Sourced From Business Green |
BusinessGreen.com: You have warned that businesses should prepare for an increased incidence of “climate shocks”. What should they be doing?

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Skills shortage poses ‘Enron risk’ for carbon market spacer

February 6, 2009 Top Stories

| Sourced From Environmental Finance |
London, 5 February: The rapidly growing industry to manage greenhouse gas (GHG) emissions is suffering from a profound skills shortage, according to a global survey of those involved in the sector.

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EC Calls For World CO2 Trading Market

February 5, 2009 Top Stories

| Sourced From Cleantech Brief |
The European Commission (EC) is calling for a global carbon trading market to help tackle climate change.

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Climate change targets questioned after CO2 falls by just one per cent in decade

February 5, 2009 Top Stories

| Sourced From Telegraph.co.uk |
The UK’s carbon dioxide emissions fell by 1.5 per cent in 2007, according to the Department for Energy and Climate Change.

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Climate Change : Britons to aid East Africans on harness CDM projects

February 5, 2009 Global

| Sourced From ASNS News |
The British Government in partnership with British private companies are organizing Eastern African businesses realize potential opportunity to overcome perceived barriers in implementing projects which target investment on the Carbon markets.

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First Trip for Clinton Aims at China, Climate

February 5, 2009 Top Stories

| Sourced From The New York Times |
[UPDATED, 11 p.m.] Secretary of State Hillary Rodham Clinton has settled on China as an important stop on her first trip abroad in her new job and aides told me that climate and energy will be high on the agenda. (Japan will be the first stop on the [...]

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U.S. May Not Match Europe’s Pledge on Carbon Cuts, De Boer Says

February 5, 2009 Top Stories

| Sourced From Bloomberg.com |
Feb. 4 (Bloomberg) — U.S. President Barack Obama is unlikely to match a European Union pledge to cut greenhouse-gas emissions by as much as 30 percent from 1990 levels because it’s too ambitious, United Nations Climate Chief Yvo de Boer said.

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World’s Carbon Trading Markets Vulnerable to Enron Type Accounting Scandals According to Sequence Staffing

February 4, 2009 Top Stories

| Sourced From Business Wire |
ROSEVILLE, Calif.–(BUSINESS WIRE)–The world’s carbon trading markets are extremely vulnerable to accounting scandals like those symbolized by Enron, WorldCom and Tyco according to leading greenhouse gas and climate change experts and professionals in an international survey released today by Sequence Staffing and the Greenhouse Gas Management Institute.

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Lord Stern: Banks Have Role In Low Carbon Economy

February 4, 2009 Top Stories

| Sourced From LowCarbonEconomy |
Assisting the transition to a low carbon economy could help banks recover their status and profits, according to a climate change expert.

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Effectiveness of Forest-Based Carbon Offsets Questioned

February 4, 2009 Top Stories

| Sourced From Environmental Leader |
Forest-based carbon offsets may not be as effective as some think, Fox News reports.
Continue reading on Environmental Leader

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Is 2009 the year of carbon sequestration?

February 3, 2009 Top Stories

| Sourced From ZDNet |
Emerging Energy Resrearch’s new report says the carbon sequestration tech will get serous attention this year and may be at significant scale by 2016. The petrochemical industry is very interested in carobn sequestration as a way of making their products and processes produce less green house gas.

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The State of Green Business 2009: Water Becomes the New Carbon

February 3, 2009 Top Stories

| Sourced From GreenBiz |
Water Becomes the New Carbon

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Trial produces encouraging results for backers of personal carbon budgets

February 3, 2009 Top Stories

| Sourced From Guardian.co.uk |
Every person in the UK could have their own carbon budget in just over a decade to encourage individuals to cut their global warming emissions, the head of the most comprehensive trial of the idea has predicted.

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UPDATE 1-EU carbon nears all-time low

February 3, 2009 Top Stories

LONDON, Feb 3 (Reuters) – European carbon CFI2Z9 was down 26 cents or 2.3 percent at 11.03 euros ($14.18) at 1137 GMT on Tuesday, nearing an all-time low for the present 2008-12 trading cycle.
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Reduce CO2 emissions or watch our marine life suffer

February 2, 2009 Top Stories

| Sourced From Crikey |
Reduce CO2 emissions or watch our marine life suffer. That’s the ultimatum delivered last week by a group of over 150 scientists from 26 countries, who said in a statement that “severe damages are imminent” if something is not done to stop ocean acidification.

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Japan promises 2020 carbon target

February 2, 2009 Top Stories

| Sourced From Business Green |
The Japanese prime minister Taro Aso promised this weekend that the country would unveil a mid term carbon emissions reduction target by this June.

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Carbon price fall bad for green investment

February 2, 2009 Top Stories

| Sourced From FT.com |
The price of carbon dioxide in the European Union has fallen so low it no longer provides an incentive to low-carbon development, and seems unlikely to do so in the near future.

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EPRI to Study Adding Carbon Capture to Coal Power Plants

February 2, 2009 Top Stories

| Sourced From Environmental Protection |
The Electric Power Research Institute (EPRI) announced on Jan. 27 that five electric utilities in the United States and Canada have joined EPRI to host studies of the impacts of retrofitting advanced amine-based post-combustion carbon dioxide (CO2) capture technology to existing coal-fired power plants.

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Australia carbon scheme needs re-think: analyst

February 2, 2009 Top Stories

CANBERRA, Feb 2 (Reuters) – Australia’s government has failed to take account the international financial meltdown in plans for a sweeping carbon trade regime to begin next year, an independent analysis of the plan said on Monday.
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Turning a profit from carbon emissions

February 1, 2009 Top Stories

| Sourced From Earth Times |
Davos, Switzerland – With the issues of climate change and the global economic crisis coming to a head simultaneously, world leaders have focused on tying the two together, and businessmen Saturday were trying to find ways to make money from a green economy. Europe’s carbon credit trading program, in its [...]

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Carbon trading may be the new sub-prime, says energy boss

February 1, 2009 Top Stories

| Sourced From Environmental News Network |
The row over the working of the European Union’s emissions tradingscheme intensified last night when EDF Energy warned that speculators risked turning carbon into a new category of sub-prime investment.

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Carbon price raises fears of renewables lag

January 31, 2009 Top Stories

| Sourced From Business Green |
Concerns emerged this week over the effectiveness of carbon trading in encouraging alternative energy development after a tumbling carbon price made investment in projects more expensive.

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New York Responds to Carbon Cap-and-Trade Lawsuit

January 31, 2009 Top Stories

| Sourced From The New York Times |
As reported in our previous post, Indeck Energy, owner of a natural gas plant in Corinth, N.Y., has filed a lawsuit challenging the legitimacy of the Regional Greenhouse Gas Initiative, a carbon cap-and-trade program established by 10 Northeastern states.

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Japan expects uptrend in UN carbon offset prices -survey

January 30, 2009 Top Stories

TOKYO, Jan 30 (Reuters) – Japanese buyers and traders of U.N. carbon offsets expect prices of the credits to rise this year in domestic over-the-counter trade after plunging in European trade in recent months, a survey released on Friday said.
Continue Reading on Reuters

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Recession threatens carbon trading

January 30, 2009 Top Stories

| Sourced From BBC NEWS |
A crucial scheme to control greenhouse gases is under threat due to the recession.

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Can carbon reduction and the development of a low carbon economy help the UK through the recession?

January 30, 2009 Top Stories

| Sourced From C B I |
Dr Neil Bentley, CBI director of business environment spoke at the Carbon Trust’s annual stakeholder event on the 28th January discussing whether a low carbon economy can pull the UK out of the downturn – read the full speech below:

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ESA approves carbon capture and storage project at Kaarstoe

January 30, 2009 Top Stories

| Sourced From The Norway Post |
The EFTA Surveillance Authority (ESA) has decided to authorise state funding to Gassnova SF in order to cover the costs of establishing a carbon capture and storage facility (a “CCS”) at Kaarstoe, Norway.

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Indonesia aims to wrap up forest-carbon rules

January 30, 2009 Top Stories

JAKARTA (Reuters) – Indonesia hopes to lay out a clear set of regulations before June on using carbon credits to protect rainforests so the rules can be discussed in upcoming international talks, a top climate official said.
Continue Reading on Reuters

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Europe seeks global carbon trading market

January 30, 2009 Top Stories

| Sourced From Telegraph.co.uk |
Analysts suggest companies are flooding the market by cashing in their emissions allowances to raise money, rather than for any environmental benefit.

Read the full article →

Gore Urges Cap on Carbon Emissions, Global Climate Pact

January 29, 2009 Top Stories

| Sourced From Washington Post |
Former vice president Al Gore urged lawmakers yesterday to adopt a binding carbon cap and push for a new international climate pact by the end of this year in order to avert catastrophic global warming.

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INTERVIEW-Carbon market sending wrong signals -Hafslund

January 29, 2009 Top Stories

* Norwegian utility says power prices to fall in short term
* New measures may be needed to reach EU emission goals
* Has substantially cut or postponed investment plans
* Sees weakening power demand from industry
OSLO, Jan 28 – Norwegian utility Hafslund (HNB.OL: Quote, Profile, Research) said the carbon market, weakened by a global credit crisis, is [...]

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TEPCO plans 10-MW solar plant to cut CO2 emissions

January 29, 2009 Top Stories

TOKYO, Jan 27 (Reuters) – Tokyo Electric Power Co (TEPCO) (9501.T) said on Tuesday that it plans to build a 10-megawatt solar power plant in central Japan, as Asia’s biggest utility works to meet targets for reducing greenhouse gas emissions.
Continue Reading on Reuters

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EPRI to Study Adding Carbon Capture to Existing Coal Power Plants

January 28, 2009 Top Stories

| Sourced From Business Wire |
PALO ALTO, Calif.–(BUSINESS WIRE)–The Electric Power Research Institute (EPRI) announced today that five electric utilities in the United States and Canada have joined EPRI to host studies of the impacts of retrofitting advanced amine-based post-combustion carbon dioxide (CO2) capture technology to existing coal-fired power plants. In addition to the five [...]

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Kenya to change environment policy on carbon trading

January 27, 2009 Top Stories

NAIROBI, Jan 26 (Reuters) – Kenya plans to review its environmental strategy to allow companies to trade carbon credits, its environment secretary said on Monday.
Such schemes have been around for a number of years in other parts of the world, but the east African nation’s current environmental strategy from 1999 does not take into account [...]

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Europe Wants U.S. to Join Carbon Trading Market

January 27, 2009 Top Stories

| Sourced From The New York Times |
BRUSSELS — The European Commission will call on the United States to create a trans-Atlantic system of carbon trading to limit greenhouse gas emissions and to press for the establishment of similar markets in developed countries, according to a draft document seen Friday by The International Herald Tribune.

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Satellites will be used to track global carbon emissions

January 27, 2009 Top Stories

|Sourced From The Herald |
Scientists are to investigate how to reduce global warming – with help from two new satellites.

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States’ efforts to curb carbon emissions gets Obama’s support

January 27, 2009 Top Stories

| Sourced From FOX News |
MONTPELIER, Vt. (AP) – Efforts by Vermont and 13 other states to cut carbon dioxide emissions from vehicles are expected to get a big boost from President Obama.

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Green tech a money saver in global downturn – UN

January 26, 2009 Top Stories

BANGKOK, (Reuters) – Business should use the global downturn to forge ahead with green technologies that will save hard pressed firms money as well as the planet, a U.N. environment agency said on Thursday.
Continue Reading on Reuters

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Australians To Highlight Carbon Neutrality

January 25, 2009 Top Stories

| Sourced From Scoop |
For some of Australia’s best-known cities, companies and organizations that are part of a United Nations low-carbon initiative, this year’s Australia Day will be celebrated, not by barbecues or beach parties, but by going ‘green.’

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Carbon credit dollars to flow through China dams, but may do little for climate

January 25, 2009 Top Stories

| Sourced From Los Angeles Times|
XIAOXI, China (AP) — The hydroelectric dam, a low wall of concrete slicing across an old farming valley, is supposed to help a power company in distant Germany contribute to saving the climate — while putting lucrative “carbon credits” into the pockets of Chinese developers.

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Carbon-Pricing Mechanism Key To Clean Energy’s Future

January 25, 2009 Top Stories

| Sourced From CleanTech |
Deutsche Bank’s Kevin Parker says fossil fuels have “had a free ride for generations” because there has been no penalty polluting and this must change if clean energy is to have a future.

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European Carbon Capture May Get EU1.5 Billion Subsidy (Update2)

January 25, 2009 Top Stories

| Sourced From Bloomberg |
Jan. 23 (Bloomberg) — Experimental projects to capture and bury carbon dioxide from European power plants may get 1.5 billion euros ($1.9 billion) in new subsidies to cover start-up costs, a member of the European Parliament said today.

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Europe to Ask Wealthy Nations to Adopt Carbon Trading System

January 24, 2009 Top Stories

| Sourced From NewYork Times |
BRUSSELS — The European Commission was preparing an appeal on Friday to wealthy countries — and to the United States in particular — to adopt carbon trading as one of the main mechanisms for curbing greenhouse gas emissions.

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Australians to highlight carbon neutrality on national day – UN

January 24, 2009 Top Stories

| Sourced From UN News Center |
23 January 2009 – For some of Australia’s best-known cities, companies and organizations that are part of a United Nations low-carbon initiative, this year’s Australia Day will be celebrated, not by barbecues or beach parties, but by going ‘green.’Australian cities, public campaigns, corporations and others have taken on the [...]

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The Orbiting Carbon Observatory and the Mystery of the Missing Sinks

January 24, 2009 Top Stories

| Sourced From NASA |
Picture a tree in the forest. The tree “inhales” carbon dioxide from the atmosphere, transforming that greenhouse gas into the building materials and energy it needs to grow its branches and leaves.

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BA announces carbon reduction targets

January 23, 2009 Top Stories

| Sourced From Director of Finance Online |
British Airways (LON:BAY) today unveiled a radical new environmental target of halving net CO2 emissions by 2050.

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SA hub to attract clean energy investments into Africa

January 23, 2009 Top Stories

| Sourced From South Africa Good News |
South Africa’s Central Energy Fund is taking a leading role in climate change solutions for the continent, with the launch of a new hub that will help boost clean energy projects in Africa.

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Better grazing practices could boost CO2 trade: scientist

January 22, 2009 Top Stories

SINGAPORE (Reuters) – Simple changes in grazing practices could soak up millions of tons of carbon a year, helping fight climate change, improving farm productivity and earning farmers carbon credits, a scientist said on Tuesday.
But such measures needed to spread globally to more than 120 million farmers working grazing lands, such as savannah and shrubland, [...]

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CORRECTED – Broker CantorCO2e to slow CO2 project origination

January 22, 2009 Top Stories

LONDON, Jan 20 (Reuters) – CantorCO2e will scale back origination of clean energy projects under the Kyoto Protocol as a result of falling demand for carbon offsets, a vice president at the London-based brokers said on Tuesday.
Continue Reading on Reuters

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Virgin America First Domestic Carrier to Offer Carbon Offsets In-Flight

January 22, 2009 Top Stories

| Sourced From TMC Net |
GlobeNewswire Via Acquire Media NewsEdge) SAN FRANCISCO, Jan. 20, 2009 (GLOBE NEWSWIRE) — As part of a continuing effort to implement innovative sustainability practices, Virgin America is giving guests the opportunity to offset their travel during flight — via the airline’s touch-screen seatback inflight entertainment system, Red. In Dec. 2008, [...]

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Cheap Carbon: Permit Prices Tank, Threatening Clean-Energy Projects

January 22, 2009 Top Stories

| Sourced From The Wall Street Journal |
In the wake of the financial meltdown, markets are under fire everywhere, kind words from President Obama notwithstanding. The meltdown and falling prices is hitting one arena especially hard: the carbon market.

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Carbon Dioxide Sequestration Project in Wallula Could Help Prevent Climate Change

January 21, 2009 Top Stories

| Sourced From MSNBC |
AWALLULA, Wash.– It’s the beginning of the next big step for environmental protection in our area.

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MASDAR COMMITS TO THE GLOBAL CARBON CAPTURE AND STORAGE INSTITUTE

January 21, 2009 Top Stories

| Sourced From Eye of Dubai |
Abu Dhabi’s renewable energy initiative will play a key role in the Australian Government’s promotion of carbon capture and storage projects around the world

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Indonesia delays forest-carbon rules

January 21, 2009 Top Stories

SINGAPORE (Reuters) – Indonesia has delayed releasing complete regulations on using carbon credits to protect rainforests, preferring to fine-tune rules that could earn the country billions of dollars and curb the pace of climate change.
Continue Reading on Reuters

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Exclusive: Global bankers slam “expensive and inefficient” CDM

January 20, 2009 Top Stories

| Sourced From Business Green |
The Clean Development Mechanism (CDM) is not fit for purpose and must be reformed if global emissions reduction targets are to be met, according to senior banking leaders gathered at this week’s World Future Energy Summit in Abu Dhabi.

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Carbon-Capture Projects Are Viable at $50 a Ton, Stern Says

January 20, 2009 Top Stories

| Sourced From Bloomberg |
Jan. 19 (Bloomberg) — Permits to release a ton of carbon dioxide into the sky need to cost about $50 each, or three times Europe’s current price, for companies to invest in experimental technology to trap the greenhouse gas, Nicholas Stern said.

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From Poznan to Copenhagen: Much left to do

January 20, 2009 Top Stories

| Sourced From Carbonpositive |
If there is to be a global deal in Copenhagen – or any time after that – a number of issues have to be clarified.   The developed country signatories of the Kyoto Protocol have to say what level of emissions reduction they are prepared to commit to over the commitment period [...]

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Clamour grows for Obama climate action

January 20, 2009 Top Stories

| Sourced From Carbonpositive |
On the eve of Barack Obama’s inauguration as US President, appeals on climate change and energy reform are rolling in from around the world. Expectations are high that the early signs of a significant reversal of the Bush Administration’s stance on climate policy will start to materialise soon after he takes [...]

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FACTBOX: U.N. scheme aims to use carbon credits to save forests

January 19, 2009 Top Stories

(Reuters) – The United Nations hopes to include a market-based scheme aimed at using carbon credits to save rainforests as part of a broader pact to fight climate change.
Continue Reading on Reuters

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F.T.C. Asks if Carbon-Offset Money Is Well Spent

January 19, 2009 Top Stories

| Sourced From The NewYork Times|
Corporations and shoppers in the United States spent more than $54 million last year on carbon offset credits toward tree planting, wind farms, solar plants and other projects to balance the emissions created by, say, using a laptop computer or flying on a jet.

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Carbon credit windfall for Eastern Europe

January 18, 2009 Top Stories

| Sourced From Porta |
Thanks to Kyoto emission levels pegged to 1990, when pollution was worse, former Eastern Bloc countries now sell carbon credits to Japan.

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Montana carbon-storage bill upsets energy industry

January 17, 2009 Top Stories

| Sourced From MSNBC |
HELENA, Mont. – Coal and natural gas companies told lawmakers Thursday that giving underground carbon-dioxide storage rights to landowners could undermine existing mineral claims.

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Global downturn hits carbon credits

January 16, 2009 Top Stories

| Sourced From Carbon Positive |
Carbon credit markets are experiencing mixed fortunes following the global financial crisis with the voluntary offset market for VERs holding up better than the UN mandatory market for CER credits. And it now appears the heavy falls in CER prices may significantly hamper the UN CDM’s contribution to emissions reduction [...]

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European 2009 carbon permits hit all-time low

January 16, 2009 Top Stories

LONDON, Jan 16 (Reuters) – European carbon emissions permits for 2009 delivery CFI2Z9 hit an all-time low on Friday, pulled lower by weaker energy prices and increased spot selling.
Continue Reading on Reuters

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Seoul to introduce low carbon law

January 16, 2009 Top Stories

| Sourced From The Korea Herald |
Companies emitting greenhouse gases above acceptable levels are expected to be slapped with heavier taxes as a part of new plans to promote healthier economic growth, the Prime Minister’s Office said yesterday.

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WB buying $3.2-m carbon credits from Roxas

January 15, 2009 Top Stories

| Sourced From Standard Today |
The World Bank has agreed to purchase carbon emission reduction credits worth $3.2 million from the bioethanol project of Roxas Holdings Inc. in Negros Occidental over the next four years.

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Halt all carbon emissions by 2050: Worldwatch

January 14, 2009 Top Stories

WASHINGTON (Reuters) – To avoid the most catastrophic effects of climate change, world carbon emissions will have to drop to near zero by 2050 and “go negative” after that, the Worldwatch Institute reported on Tuesday.
Continue Reading on Reuters

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Analyst: World carbon market doubles in 2008

January 14, 2009 Top Stories

| Sourced From Business Green |
Further evidence emerged today backing up predictions that the carbon market will shrug off the worst of the economic downturn, as Point Carbon became the latest analyst firm to confirm that the global carbon market enjoyed record growth throughout 2008.

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Obama outlines low-carbon works plan

January 14, 2009 Top Stories

| Sourced From Business Green |
President-elect Barack Obama last week laid out more details about his long-anticipated plan to “spark the creation of a clean-energy economy” and create three million new “green-collar jobs” in the US.

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Harvard Physicist Sets Record Straight on Internet Carbon Study

January 13, 2009 Top Stories

| Sourced From TechNewsWorld |
A story in the Sunday Times of London sent Google’s (Nasdaq: GOOG) public relations machine into an advanced search for answers. The Times reporters wrote about a new Harvard study that examines the energy impact of Web searches. The story’s lead paragraph: “Performing two Google searches from a desktop computer can [...]

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Press Release: RGGI Issues Notice for Third Auction

January 12, 2009 Top Stories

(New York, NY)—The Regional Greenhouse Gas Initiative (RGGI) initiated the bidding process for the first compliance period auction of carbon dioxide (CO2) emission allowances, to be held on March 18, 2009, today.

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Strong trading at Climate Exchange

January 12, 2009 Top Stories

| Sourced From City A.M |
Emissions exchange operator Climate Exchange said volumes and overall growth continues to be strong.

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Japan and the Republic of Korea launch green new deals

January 12, 2009 Top Stories

| Sourced From Environmental Expert |
Japan and the Republic of Korea have announced that they will invest billions of dollars in green projects to create jobs and spur economic growth, in the latest sign that the Green New Deal advocated by the United Nations is gaining momentum.

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Revealed: the environmental impact of Google searches

January 12, 2009 Top Stories

| Sourced From Times Online Technology News UK|
Performing two Google searches from a desktop computer can generate about the same amount of carbon dioxide as boiling a kettle for a cup of tea, according to new research.

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Carbon market to shrug off downturn and top $150bn this year

January 12, 2009 Top Stories

| Sourced From Business Green |
The global carbon market will remained shielded against the worst effects of the economic slowdown and grow by over 27 per cent this year to $150bn, according to the latest projections from analyst firm New Carbon Finance.

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Chicago Climate Exchange revamping efforts to get farmers and ranchers to store carbon

January 12, 2009 Top Stories

| Sourced From AGWEEK |
OMAHA, Neb. — The main U.S. market for greenhouse gas credits soon will impose new rules designed to bolster the credibility of the carbon credits it sells.

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CHILE CO2 EMISSIONS SET TO QUADROUPLE, SAYS TOKMAN

January 12, 2009 Top Stories

| Sourced From The Patagonia Times |
Chile’s CO2 emissions are expected to quadruple by 2030 failing change to its national energy policy, the Chilean Minister for Energy, Marcelo Tokman, warned last week.

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D.C. cuts back on carbon for Obama’s inauguration

January 11, 2009 Top Stories

| Sourced From Baltimore Sun |
WASHINGTON – For the inauguration of a president who promised to be a friend of the environment, what would you expect but carbon-neutral inaugural balls, hybrid Lexuses, organic menus and valet bicycle parking?
Political correctness will rule the day.

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Re: Exxon, Carbon Prices, and Surrender [Iain Murray]

January 11, 2009 Top Stories

| Sourced From National Review Online |
I cannot understand why US energy companies are so willing to negotiate the terms of their surrender. The usual “we must have a place at the table” excuse is laughable when you are going to be the menu.

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RGGI states now aim at fuel emissions

January 9, 2009 Top Stories

| Sourced From Carbon Positive |
As the United States’ first greenhouse gas emissions trading scheme formally comes into effect, emission permit prices are on the rise for power plants. Meanwhile, participating states are now turning their sights to regulating carbon in transport fuels.

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UN Admits Carbon Emissions Trading Mechanism Needs Overhaul

January 9, 2009 Top Stories

| Sourced From Red Green and Blue |
While reporting a 50 percent increase in the number of projects approved under the Clean Development Mechanism (CDM), the administrators at the U.N. Framework Convention on Climate Change (UNFCCC) acknowledged that the carbon trading system requires an overhaul. This is the first time that the UNFCCC has conceded [...]

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CO2 emissions-cut goal under debate

January 9, 2009 Top Stories

| Sourced From Daily Yomiuri Online |
International negotiations over a framework for cutting greenhouse gas emissions that will replace the Kyoto Protocol are set to enter their final stage in the run-up to the deadline for the talks in December.

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Is Carbon Tax Beating Cap and Trade? Exxon CEO Favors a Tax

January 9, 2009 Top Stories

| Sourced From Greetech Media |
Carbon taxes got a somewhat unlikely ally today: Rex Tillerson, CEO of ExxonMobil.
“My greatest concern is that policy makers will attempt to mandate or ordain solutions that are doomed to fail,” such as a cap-and-trade system, Tillerson said in a speech at the Woodrow Wilson Center, according to a report [...]

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Carbon market worth up to $118 bln in 2008-report

January 9, 2009 Top Stories

LONDON, Jan 8 (Reuters) – The global carbon market was worth around $118 billion in 2008, rising 84 percent from the previous year due to higher trading volumes and prices, research group New Carbon Finance said.
Continue Reading on Reuters

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Bloomberg debuts AAA-style carbon credit ratings

January 9, 2009 Top Stories

| Sourced From Business Green |
From today firms should find it easier to assess the risks associated with trading carbon credits after The Carbon Rating Agency announced that subscribers to Bloomberg’s market data service will be able to access independent information on the reliability and effectiveness of emission-reduction projects.

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First ‘World Bank Green Bonds’ Launched

January 8, 2009 Top Stories

| Sourced From The World Bank |
The bond issue responds to growing interest from investors, who wish to support climate change-related projects in developing countries
The green bonds will support the Bank’s climate action projects (both mitigation and adaptation)
The bond is an example of innovation the Bank is trying to encourage to stimulate public and private-sector [...]

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Financing the low-carbon economy

January 8, 2009 Top Stories

| Sourced From EurActiv |
Political objectives to reduce CO2 emissions and transform the energy system are set to shape the EU’s industrial and economic development in the coming decades, but the ‘third industrial revolution’ could be hampered by a financing squeeze as the world grapples with the worst financial crisis since the Great Depression.

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Correction: Russia suspended from UN carbon trading scheme

January 8, 2009 Top Stories

| Sourced From Business Green |
The immaturity of one of the UN’s flagship carbon trading scheme was underlined yesterday after Russia was suspended from registering carbon credits on the international transaction log (ITL) as a result of unpaid fees.

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Hansen appeals to Obama on climate

January 8, 2009 Top Stories

| Sourced From Carbon Positive |
Outspoken NASA climate scientist James Hansen has written a personal letter to President-elect Barack Obama appealing for action on climate change.

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Planting Trees May Not Cancel Out Your Carbon Footprint

January 7, 2009 Top Stories

| Sourced From Hawaii Reporter |
Carbon credits or offsets are a theoretical way for you to assuage your guilt for all those awful greenhouse gases you’re releasing into the air whenever you heat your house, drive your car, or even breathe.

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Carbon-Offset Cowboys Let Their Grass Grow

January 6, 2009 Top Stories

| Sourced From Scientific American |
In the rolling foothills of the madison range in southwestern Montana, a cabin-style house sits beside a washboard dirt road. A few horses loiter in a corral outside, and spotted ranch dogs bark and jump at the fence. James Stuart, manager of Sun Ranch, lives here with his wife and [...]

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easyJet and Europcar increase carbon offset

January 5, 2009 Top Stories

| Sourced From  Travel Bite |
Car rental firm Europcar and no-frills airline easyJet have announced a special initiative to increase customers’ awareness about the benefits of offsetting carbon emissions.

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EU denounces socialite’s carbon offset project

January 4, 2009 Top Stories

| Sourced From Times Online |
A PIONEERING climate change project in Africa run by Robin Birley, the socialite, has been accused by the European commission, its main donor, of making unsubstantiated claims about its environmental impact.

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UN meeting on climate change to release 13,000 tonnes of CO2 in atmosphere!

January 4, 2009 Top Stories

| Sourced From Entertainment and Showbiz |
BA meeting of a UN (United Nations) body that aims to devise ways to fight climate change, may ironically add around 13,000 tonnes of carbon dioxide (CO2) to Earth’s greenhouse effect.

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Stern hope over US climate deal

January 3, 2009 Top Stories

| Sourced From BBC |
Economist Lord Stern has said he is optimistic a global deal to reduce carbon dioxide emissions will be struck under Barack Obama’s US presidency.

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FACTBOX-U.N. CO2 credits: what are they and how do they work?

January 2, 2009 Top Stories

Dec 31 (Reuters) – Industrialised nations can meet U.N.-sanctioned greenhouse gas targets by buying emissions credits under three different trading schemes now worth billions of dollars a year.
Continue Reading on Reuters

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WSJ Slams Dell Over Carbon Neutral Claim

January 1, 2009 Top Stories

| Sourced From Environmental Leader |
The Wall Street Journal has slammed Dell over the announcement it made back in August about reaching its carbon neutral goal.
Continue reading on Environmental Leader

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US traders cross Pond for carbon market work experience

January 1, 2009 Top Stories

| Sourced From Business Green |
Growing numbers of US financial firms have started to play on the European Climate Exchange (ECX) as they seek to gain experience of how carbon markets operate ahead of the launch of a US cap-and-trade scheme.

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Calls for ’speed-limiting’ cars

December 30, 2008 Top Stories

| Sourced From BBC |
Speed-limiting devices should be fitted to cars on a voluntary basis to help save lives and cut carbon emissions, according to a new report.
The government’s transport advisers claim the technology would cut road accidents with injuries by 29%.

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Coalition targets carbon policy gap

December 29, 2008 Top Stories

| Sourced From The Age |
THE Coalition will unveil a major policy on deforestation and agriculture in a renewed effort to take on the Rudd Government, which has faced wide-ranging criticism of its greenhouse targets and climate change policies.

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Bring tree farmers into carbon markets, Icraf urges

December 29, 2008 Top Stories

| Sourced From The East African |

Despite their contribution to reducing carbon emissions there is still no agreement globally on how to enlist millions of smallholder farmers who grow trees on their farms in global efforts to fight climate change.

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UN: CDM Increasing Emission-Saving Initiatives, Critics Disagree

December 28, 2008 Top Stories

| Sourced From Environmental Leader |
The United Nations claims that its Clean Development Mechanism (CDM) is causing an increase in emission-saving initiatives around the world, BusinessGreen reports.
Continue reading on Environmental Leader |

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The war on carbon

December 27, 2008 Top Stories

| Sourced From The Times |
At the last full-scale United Nations conference on global warming, in Bali, the man in charge broke down and wept. American opposition to mandatory carbon cuts had been implacable. Canada and Japan had joined the US in demanding cuts from the big developing economies before promising any themselves. Then China [...]

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Consumers Utilize Carbon Offset Programs

December 26, 2008 Top Stories

| Sourced From  WBZ |
 Most of us know we can help the environment by recycling and conserving energy, but now some people are looking to do more about the pollution they create. Carbon offset programs are becoming more popular, but you need to be careful about how you spend your money on these programs.

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SanFran airport to feature carbon offset kiosks

December 26, 2008 Top Stories

| Sourced From Herald Tribune |
SAN FRANCISCO: San Francisco International Airport is planning to give guilt-ridden travelers a chance to offset the air pollution emitted from their plane rides.

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Chicago 2016 joins Climate Exchange

December 25, 2008 Top Stories

| Sourced From Chicago Business |
(Crain’s) — Chicago 2016, the group behind the city’s bid to host the 2016 Summer Olympic and Paralympic Games, is going green.

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OECD sees carbon raising to USD 400 a tonne

December 25, 2008 Top Stories

| Sourced From Steel Guru |
The Organization for Economic Cooperation & Development has forecasted that carbon permits will rise more than 18 fold to USD 400 a tonne by 2050 unless spending on new technologies that curb emissions is increased.

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EU parliament passes new car CO2 legislation

December 24, 2008 Top Stories

| Sourced From Motor News |
Average CO2 emissions from new cars must be slashed to 130g/km by 2015, the equivalent of achieving 58mpg with a diesel engine and 52mpg in a petrol car.

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EPA Chief Says CO2 Output Not a Factor in Approving Coal Plants

December 24, 2008 Top Stories

| Sourced From GreenBiz.Com |
WASHINGTON, D.C. — U.S. EPA Administrator Stephen Johnson has issued a memorandum saying that carbon dioxide is not a pollutant that is subject to regulation when approving new power plants.

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News Roundup: Solar Crunch in Conneticut, Losses for Toyota, and Aussie Carbon Cuts

December 24, 2008 Top Stories

| Sourced From Green Tech Media |
It’s another dismal day in the neighborhood.
Connecticut’s solar initiative — which had hoped to offer consumers subsidies for installing solar systems over the next two years, is out of cash six months into the project says the Green Inc. blog at the New York Times. The governor is trying [...]

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UK Wind Power Claims Cut In Half

December 23, 2008 Top Stories

| Sourced From The Newyork Times|
Wind turbines in the UK may have suddenly become less environmentally friendly according to a new formula used to calculate carbon offset figures. The Telegraph reported today that the British Wind Energy Association, an industry trade group, has cut its CO2 reduction calculations in half after talks with the UK’s [...]

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The Cost of Cutting Carbon

December 23, 2008 Top Stories

| Sourced From Technology Review |
The cheapest way to reduce carbon dioxide emissions is probably to put a price on them. One way to do that is a direct tax (see “Q&A”). Another is a cap-and-trade system, where the government sets an overall cap on emissions, but indi­vidual businesses trade emission allowances. But surprisingly, a [...]

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UN suspends carbon-trading auditor

December 22, 2008 Top Stories

| Sourced From Times Now |
THE validity of the Kyoto Protocol’s $100 billion (£67 billion) carbon-trading scheme has been called into question after the United Nations suspended the world’s largest auditor of clean-energy projects.

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Poor countries get access to carbon-credits funds

December 21, 2008 Top Stories

| Sourced From The Sunday Times |
POZNAN: Poor countries will now have the legal capacity in having direct access to a global facility that funds projects aimed at easing the effects of global warming.
The United Nations Climate Change Conference (UNFCC) in Poland ended in mid-December with a clear commitment from governments to shift into full [...]

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Lowering carbon emissions raises biodiversity

December 21, 2008 Top Stories

| Sourced From The Sunday Times |
REDUCING emissions from deforestation combats climate change and help the conservation of biodiversity, from amphibians and birds to primates.

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Smart Lighting Will Save Trillions of Dollars, Gigatons of CO2

December 20, 2008 Top Stories

| Sourced From Environment News Service |
TROY, New York, December 18, 2008 (ENS) – A new generation of lighting devices based on light-emitting diodes, LEDs, will supplant the common light bulb in coming years, according to a paper published this week by two professors at Rensselaer Polytechnic Institute.

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UPDATE 1-RGGI carbon emissions auction raises $107 mln

December 20, 2008 Top Stories

NEW YORK, Dec 19 (Reuters) – Permits for the right to emit carbon dioxide from power plants in the U.S. Northeast sold for the clearing price of $3.38 per ton in the second U.S. greenhouse gas emissions auction, states in the region said on Friday.
Continue Reading on Reuters

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EU court rejects steel’s challenge to carbon market

December 19, 2008 Top Stories

LUXEMBOURG, Dec 16 (Reuters) – The European Union’s carbon emissions trading scheme, Europe’s key tool for fighting climate change, does not discriminate against steelmakers, the EU’s top court said on Tuesday.
Continue Reading on Reuters

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UPDATE 1-US carbon output slower than thought by 2030: EIA

December 19, 2008 Top Stories

NEW YORK, Dec 17 (Reuters) – U.S. energy-related emissions of the greenhouse gas carbon dioxide by 2030 will be 9.4 percent less than forecast last year as renewable energy develops and prices cut fossil fuel demand, the top U.S. energy forecasting agency said on Wednesday.
Continue Reading on Reuters

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EU Approves Phase-In of Car CO2 Cap, Ending Battle With Germany

December 18, 2008 Top Stories

| Sourced From Bloomberg |
Dec. 17 (Bloomberg) — The European Union decided to phase in caps on carbon dioxide from cars as of 2012, ending a fight with Germany over climate rules through a compromise that eases the costs for automakers such as Daimler AG and Porsche SE.

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DJ 3rd UPDATE: EU Crt: ArcelorMittal CO2 Emissions Case Invalid

December 17, 2008 Top Stories

| Sourced From Trading Markets |
Steel giant ArcelorMittal (MT) has lost its legal battle against what it sees as unfairness in the way industries are covered by Europe’s carbon trading system, in a ruling from Europe’s highest court Tuesday. 

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EU Govts Agree CO2 Emissions Cut By 2020

December 12, 2008 Top Stories

|Sourced From easyBourse|
BRUSSELS -(Dow Jones)- European leaders unanimously agreed Friday on a historic deal to slash greenhouse gas emissions by 20% by 2020 and set an example for similar initiatives worldwide, French President Nicolas Sarkozy said at a press conference.

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Gore calls for tougher carbon emission laws while EU reaches climate deal

December 12, 2008 Top Stories

|Sourced From Plenty Magazine|
It looks like Al Gore is already making good on his promise to “[build] support for the bold changes that we have to make to solve the climate crisis.” In a recent visit to the UN climate talks in Poznan, Poland, Gore warned that even the most ambitious existing targets would be [...]

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US vows to take lead on setting carbon emissions caps

December 12, 2008 Top Stories

|Sourced From Irish Examiner.com|
THE United States next year will spring back into the world arena for tackling climate change, where it will lead by example by setting caps on its carbon emissions, Senator John Kerry said at UN talks yesterday.

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New UN Treaty May Let Some Countries Drop CO2 Limits (Update2)

December 11, 2008 Top Stories

|Sourced From Bloomberg.com|
Dec. 10 (Bloomberg) — United Nations negotiators may allow some developed nations to drop their greenhouse-gas targets in a new climate-change treaty beginning in 2013.

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Carbon Trading Market Requires Improved Infrastructure to Curb Greenhouse Gas Emissions on a Global Scale, According to Bank of New York Mellon Report

December 11, 2008 Top Stories

|Sourced From International Business Times|
NEW YORK, Dec. 10 /PRNewswire-FirstCall/ — The development of a successful global carbon trading market that delivers real and cost-efficient greenhouse gas emission reductions will require an improved market infrastructure, according to a report issued today by The Bank of New York Mellon entitled, “Towards a Common Carbon Currency: Exploring the [...]

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ADB commences Future Carbon Fund

December 11, 2008 Top Stories

|Sourced From INQUIRER.net|
POZNAN, Poland — The Asian Development Bank has received financing commitments of over $100 million for a new post-2012 carbon fund, and will commence its operations in January. In addition to its founding public sector partners, the ADB is seeking further participation from private businesses.

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Carbon trade in U.N. climate spotlight

December 10, 2008 Top Stories

POZNAN, Poland (Reuters) – Tropical forests and coal plants may get money to curb greenhouse gases under a United Nations-led carbon market from 2013 if climate negotiators meeting in Poland can defuse criticism of the present scheme.
Continue Reading on Reuters

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U.N. climate talks delay on carbon capture funds

December 10, 2008 Top Stories

POZNAN, Poland (Reuters) – U.N. climate negotiators meeting in Poland delayed until next year a decision whether to allow power plants to earn carbon offsets by fitting equipment which traps and buries carbon emissions underground.
Continue Reading on Reuters

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Climate talks to fail without tough CO2 goals: U.N.

December 9, 2008 Top Stories

POZNAN, Poland (Reuters) – The United States and other rich nations must pledge by the end of next year specific targets for cutting greenhouse gas emissions by 2020 to win agreement on a U.N. climate pact, the U.N.’s top climate official said on Tuesday.
Continue Reading on Reuters

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EU to consider CO2 labelling for products

December 9, 2008 Top Stories

|Sourced From EurActive.com|
EU environment ministers have asked the European Commission to find ways of calculating carbon footprints and assessing environmental performance of products throughout their life cycles. But the idea has attracted fierce criticism from industry.

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NASA to launch carbon sniffer-dog

December 9, 2008 Top Stories

|Sourced From ABC|
A satellite that can sniff out carbon dioxide in the air will be launched by NASA to help accurately measure the gas in the atmosphere and where it is being recycled by the earth.

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Poznan talks to look at carbon capture

December 9, 2008 Top Stories

|Sourced From Business Green|
International negotiators at the United Nations (UN) climate change talks in Poznan, Poland are today examining proposals to include Carbon Capture and Storage (CCS) projects in the Clean Development Mechanism (CDM).

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Carbon emissions trading up 41%

December 9, 2008 Top Stories

|Sourced From LowCarbonEconomy.com|
The volume of carbon emissions traded in the first half of 2008 was 41 per cent higher than in the same period of 2007, according to the International Emissions Trading Association (IETA).

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CCB Alliance enhances carbon standard

December 9, 2008 Top Stories

|Sourced From Carbon Positive|
The rights of indigenous groups and areas of high biodiversity significance are the focus of updated carbon project verification standards issued by the Climate, Community and Biodiversity Alliance (CCBA). The group has released a second edition of its carbon offset design standards at the annual UN climate conference in Poznan, superseding the [...]

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Virgin America Partners With Carbonfund.org to Launch Carbon Offsets

December 7, 2008 Top Stories

| Sourced From MarketWatch |
California-Based Airline and Leading Carbon Offset Provider Launch Option for Travelers to Support Innovative Emissions Reduction Projects
SILVER SPRING, Md. and SAN FRANCISCO, Dec 4, 2008 (GlobeNewswire via COMTEX) — As part of a continuing effort to implement innovative environmental sustainability practices, Virgin America, the California-based airline, has partnered with Carbonfund.org , [...]

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UK govt wants airlines in carbon trading scheme

December 2, 2008 Top Stories

LONDON, December 2 (Reuters) – The British government said on Tuesday, it wanted airlines included in a European scheme to cut carbon emissions but business leaders voiced scepticism about the UK’s ability to hit its emission reduction targets.
Continue Reading on Reuters

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MEPs and Council Presidency reach deal on CO2 emissions from cars

December 2, 2008 Top Stories

| Sourced From European Parliament Official News |
Following a series of meetings between MEPs and the French Presidency of the Council, the two sides have informally agreed details of future targets on CO2 emissions from cars. The compromise reached on Monday evening still needs to be endorsed by the full Council and put to a [...]

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German automakers denounce EU compromise on CO2 emissions

December 2, 2008 Top Stories

| Sourced From AFP |
FRANKFURT (AFP) — The German automobile federation VDA slammed on Tuesday an EU compromise on rules to cut CO2 emissions from new cars, saying it ignored the sector’s current crisis.
“Globally, the project does not take enough account of the automobile industry’s difficult situation,” a VDA statement said.

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Entrepreneurial phase of CDM market over, says report

December 2, 2008 Top Stories

The recession will put pressure on carbon-reduction projects and governments must make sure that their infrastructure investments are climate-friendly, says a new report released in London overnight. Independent research firm Verdantix says that the stock market decline means that CDM developers are under pressure, and the credit crunch is making it difficult to raise capital.
Full [...]

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Replacing Corn With Perennial Grasses Improves Carbon Footprint Of Biofuels

December 2, 2008 Top Stories

| Sourced From ScienceDaily |
Converting forests or fields to biofuel crops can increase or decrease greenhouse gas emissions, depending on where – and which – biofuel crops are used, University of Illinois researchers report. The researchers analyzed data from dozens of studies to determine how planting new biofuel crops can influence the carbon content of [...]

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U.S. report questions value of carbon-offset deals

December 2, 2008 Top Stories

| Sourced From Guardian UK |
NEW YORK, Dec 2 (Reuters) – Europe’s greenhouse gas market has shown that investments by rich countries into clean-energy projects in poor nations are not always the best way to cut emissions blamed for global warming, the investigative arm of the U.S. Congress reported on Tuesday.

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Carbon capture and electric energy at centre of climate plans

December 1, 2008 Top Stories

| Sourced From Guardian UK |
Important decisions about the future of coal power in Britain are likely to be made today when the government’s climate change committee sets out plans to de-carbonise the economy.

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UN climate talks to create 13,000 tonnes of carbon

December 1, 2008 Top Stories

| Sourced From AFP |
POZNAN, Poland (AFP) — Staging a global forum on climate change is a dilemma, as it adds to the very problem it is trying to solve. Around 13,000 tonnes of carbon dioxide (CO2) will be added to the Earth’s greenhouse effect from the December 1-12 meeting of the UN Framework Convention [...]

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UK: Government set tough new target for cutting carbon emissions by 2020

December 1, 2008 Top Stories

| Sourced From Times Online UK |
Greenhouse gas emissions should be slashed by more than a third by 2020, the committee set up to advise the Government on climate change has concluded. As a bare minimum, greenhouse gas emissions, including carbon dioxide, must be reduced by 34 per cent, said Lord Turner of Ecchinswell who [...]

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UN suspends top CDM project verifier over lax audit allegations

December 1, 2008 Top Stories

| Sourced From Business Green |
Critics of the UN’s Clean Development Mechanism (CDM) carbon offsetting scheme were given fresh ammunition today, when the UN announced it is to suspend the company that has been responsible for checking the validity of almost half the emission reduction projects in the scheme.

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Carbon offsets to be capped at 50% in EU

November 28, 2008 Top Stories

| Sourced From Times of India |
BRUSSELS: European Union industries will be able to use carbon offsets to cover no more than half their emissions cuts under the bloc’s carbon market from 2013, a source close to EU talks said on Wednesday.

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Rich shelving CO2 cut ambitions as economies slow

November 28, 2008 Top Stories

OSLO – Many industrialized nations are shelving ambitions for the deepest cuts in greenhouse gas emissions by 2020 as economic slowdown overshadows the fight against climate change.
Continue Reading on Reuters

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EU power sector CO2 emissions surge in 2007-PwC

November 28, 2008 Top Stories

LONDON – Carbon emissions from top EU power producers rose in 2007 by the same amount as the previous five years as a result of burning more coal and more production overall, said a PwC report this week.
Continue Reading on Reuters

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Food and drink firms cut CO2 by 17%

November 28, 2008 Top Stories

| Sourced From Environmental Data Interactive |
Leading figures from the food and drink industry celebrated the one year anniversary of their commitment to cut their impact on the environment on Thursday. The Food and Drink Federation (FDF) announced that members have slashed their CO2 emissions by 17% compared to 1990 levels as it announced the [...]

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Financial crisis no excuse to slow carbon fight: UN climate chief

November 28, 2008 Top Stories

| Sourced From AFP |
WARSAW (AFP) — The world financial crisis must not become an excuse for backsliding on efforts to curb global carbon emissions, a top UN environmental official warned Thursday.

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UK: Just 15 zero carbon homes qualify for £15m scheme

November 28, 2008 Top Stories

| Sourced From Contract Journal |
A £15m project to build hundreds of zero carbon homes has been labelled an “eco-con” after only 15 properties qualified in the first year. Championed by Gordon Brown, the scheme was to reward owners of new zero carbon homes by waiving their stamp duty, worth about £15,000.

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Brazil, Mexico Lawmakers Back Poor-Nation CO2 Limits

November 26, 2008 Top Stories

| Sourced From Bloomberg |
Brazilian and Mexican lawmakers backed a proposal to impose greenhouse-gas limits on some developing countries after 2020 as long as the richest nations first curb their output of emissions blamed for global warming.

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EU mulls state aid to ease costs of cutting CO2

November 26, 2008 Top Stories

| Sourced From Guardian UK |
BRUSSELS, Nov 26 (Reuters) – The European Union is considering state aid to help companies deal with the risk of electricity prices rising as the EU clamps down on carbon emissions, a document seen by Reuters on Wednesday showed.

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Internet to double its carbon footprint by 2020

November 26, 2008 Top Stories

| Sourced From Tech Radar |
The internet will become a major consumer of power in the years ahead, creating an ‘energy bottleneck’ that could mean price increases and service slowdowns.

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Shell Signs Up to Join Australia’s Global Carbon Capture Body

November 26, 2008 Top Stories

| Sourced From Bloomberg |
Royal Dutch Shell Plc, Europe’s biggest oil company, will become a founding member of Australia’s A$100 million ($64 million) carbon capture and storage institute aimed at speeding low-emissions power output.

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Stern urges switch to low carbon economy during downturn

November 26, 2008 Top Stories

| Sourced From Telegraph UK |
The author of the Government’s 2006 report on climate change said that while demand is low, it is a good time to switch to “a more sustainable pattern of growth” by replacing fossil fuels with more renewables and clean energy, designing new technologies and improving energy efficiency.

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Credit Suisse to close New York carbon desk-sources

November 26, 2008 Top Stories

LONDON, Nov 26 – Credit Suisse will close its New York emissions trading desk and cut staff in London, sources familiar with matter told Reuters on Wednesday.
“They’re closing New York and cutting the London desk,” said one source who declined to be named.
Continue Reading on Reuters

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Big business faces $5bn carbon bill

November 25, 2008 Top Stories

| Sourced From The Age BusinessDay |
AUSTRALIA’S top 200 companies will have to pay $4.8 billion under an emissions trading scheme unless they reduce their carbon impact. Superannuation fund VicSuper’s Carbon Count 2008 report found that companies in the ASX 200 emit 243 million tonnes of greenhouse gas globally, including emissions from direct suppliers — [...]

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Clear Standards Bags $4M for Carbon Management

November 25, 2008 Top Stories

| Sourced From Green Tech Media |
Some green software companies set out to track emissions. Others to manage energy-use efficiently. Clear Standards, which just raised $4 million for a Series A funding, is doing both.

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Ex-Merrill Lynch Manager Launches Carbon Hedge Fund

November 25, 2008 Top Stories

| Sourced From FIN Alternatives |
Robert Preston, a former portfolio manager at Merrill Lynch, recently launched a hedge fund focusing on companies working on clean technologies and energy delivery efficiencies.

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Frontier forest science for carbon solutions

November 25, 2008 Top Stories

| Sourced From Environmental Expert |
Under the agreement, a software model referred to as CABALA, which can be used to model forest growth over time, has been licensed to CO2 Australia to assist it in the design and management of tree plantings for use in large greenhouse gas abatement projects.

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Recovery seen for 2009, but no floor for 2008 yet

November 25, 2008 Top Stories

| Sourced From Co2 Prices EU |
Continued economic backlash brings the CO2 price down to mid 2007 levels, Euro 15 and for sCER 13,80. Though for the longer term a price recovery is expected, we haven’t seen the 2008 price floor yet! That could come lower than Euro 15 next month, that was noted by [...]

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Best of the carbon offset projects

November 24, 2008 Top Stories

| Sourced From EarthSky Blogs |
This fall, Environmental Defense Fund (EDF) published CarbonOffsetList.org, a site that contains a list of carefully screened, credible carbon offset projects. There are 12 listed and most are landfill gas destruction projects in the United States. EDF says these represent more than 750,000 tons of credible emission reductions. Within the [...]

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Rudd reveals carbon capture plans

November 24, 2008 Top Stories

| Sourced From ABC News |
The Prime Minister has released a paper about Australia’s plans to spend up to $100 million a year to encourage carbon capture and storage. Kevin Rudd says the technology is vital if the world is to make deep cuts to greenhouse gas levels.

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Governments, Companies Must Hasten Carbon Capture, IEA Says

November 24, 2008 Top Stories

| Sourced From Bloomberg |
Governments and coal producers need to step up efforts to develop power projects that capture carbon pollution to have a chance of meeting emissions targets, the head of the International Energy Agency said.

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Office workers told to save carbon by pulling on a jumper

November 21, 2008 Top Stories

| Sourced From Business Green |
Inappropriate clothes will cost UK firms millions of pounds a year in higher energy bills this winter, as staff refuse to put away their summer wardrobes, instead turning up the heating so they can continue to sit at their desks in t-shirts and vest tops.

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Carbon capture serves national interest: Ferguson

November 21, 2008 Top Stories

| Sourced From The Australian |
AUSTRALIA has joined the list of nations that view carbon capture and storage as the silver bullet for rising global emissions. Australia is lobbying hard to secure at least two of the 20 large-scale commercial carbon capture and storage demonstration projects the Group of Eight leading nations want operating globally [...]

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Initiative designed to grow Oklahoma’s carbon sequestration

November 21, 2008 Top Stories

| Sourced From Enid News |
State and local representatives gathered Thursday afternoon and evening for a Legislative Bird Hunt hosted by area conservation organizations and Enid businessman John Groendyke to discuss carbon initiatives in the state.

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Carbon label licence fee costs SMEs £5000 per year

November 21, 2008 Top Stories

| Sourced From Climate Change Corp |
One medium-sized business is appalled at the cost of licensing the Carbon Trust’s Carbon Reduction Label. But the Carbon Trust claims it’s not ripping-off businesses.
Medium-sized business: “The carbon label is a rip-off. SMEs can’t afford the licence fees. Is the carbon labelling scheme just an elite club for greenwashing [...]

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Online Training Conference by ASTD-GPC Saves 106,000 Pounds of Carbon Emissions

November 21, 2008 Top Stories

| Sourced From TMC Net |
The American Society of Training and Development Greater Philadelphia Chapter (ASTD-GPC) recently held its first online conference with the help of iLinc to save on the travel costs that would have otherwise been incurred in the case of a physical conference. iLinc provides organizations with software for web conferencing as [...]

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Chicago Climate Futures Exchange® Successfully Lists Futures Contracts

November 20, 2008 Top Stories

| Sourced From Mondo Visione |
Chicago Climate Futures Exchange’s Carbon Financial Instrument®- U.S. Allowance futures (CFI®-US) contract offers the first tool for directly hedging exposure to possible future U.S. carbon allowance prices, as well as whether and when a U.S. federal greenhouse gas emission reduction mandate is established.

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UK Government raises £54m by auctioning extra carbon-emission permits

November 20, 2008 Top Stories

| Sourced From The Telegraph UK |
Energy producers and other companies anxious to increase their allowances made more than 16m bids for just 4m credits offered at a price of €16.15 per tonne.

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South Africa to move to low-carbon economy

November 20, 2008 Top Stories

| Sourced From Business Report |
Johannesburg – South Africa aims to make a transition to a low-carbon economy that is also able to promote job creation and development in a carbon-constrained future, Environmental Affairs and Tourism minister Marthinus van Schalkwyk said on Wednesday.

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Carbon disclosure should be mandatory by 2010

November 17, 2008 Top Stories

| By James Murdoch – Sourced From The Financial Times |
Information is power. Recently I met members of Britain’s Olympic cycling team and was struck by the way they had used data to analyse and improve their performance. This team, a source of pride for the nation, focuses relentlessly on the pursuit of measurable, second-by-second [...]

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Deutsche Bank to neutralize carbon footprint by 2012

November 17, 2008 Top Stories

|Sourced From Deutsche Back|
Over the next five years, Deutsche Bank has committed to reduce its global carbon footprint by 20 percentage points every year compared to its 2007 base year in order to neutralize CO2 emissions of its worldwide operations by 2012. The Bank plans to reduce its carbon emissions through sustainable improvements in the [...]

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UNFCCC: Rising industrialized countries emissions underscore need for action

November 17, 2008 Top Stories

|Sourced From UNFCCC|
(Bonn, 17 November 2008) Two weeks ahead of the UN Climate Change Conference in Poznan, Poland, the UN Climate Change Secretariat in Bonn has reported that greenhouse gas emissions in industrialized countries continue to rise.

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RWE steps up CDM drive with stake in offset specialist

November 14, 2008 Top Stories

| By James Murray – Sourced From Business Green |
The consolidation of the carbon offset market continued today with Germany energy giant RWE shelling out an undisclosed sum to acquire a 50 per cent stake in carbon emission reduction project consultancy Agrinergy PTE Ltd.

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Utah coal plant permit blocked by EPA

November 14, 2008 Top Stories

| By H. JOSEF HEBERT – Sourced From AP|
WASHINGTON (AP) — The Environmental Protection Agency has been blocked from issuing a permit for a proposed Utah coal plant without addressing global warming, jeopardizing the fate of scores of other proposed coal plants that will likely be left to the Obama administration.

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First Carbon Neutral Zone Created in the United States

November 14, 2008 Top Stories

| Sourced From Market Watch |
Climate change is one of the most daunting challenges of the 21st century, but the recent growth and popularity of American eco-consciousness has created a new sense of urgency to address this problem. Today the green movement took a significant step forward as the first “Carbon Neutral Zone” in the [...]

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Carbon-sniffing satellite to be launched

November 13, 2008 Top Stories

Sourced From UPI

The U.S. space agency’s first spacecraft dedicated to studying carbon dioxide in the atmosphere is being readied for launch at Vandenberg Air Force Base. The National Aeronautics and Space Administration said its Orbiting Carbon Observatory arrived Monday at its launch site on California’s central coast. After final tests, the spacecraft will be integrated [...]

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Nyrstar says carbon trading could shut smelters

November 13, 2008 Top Stories

Sourced From AP – Hosted By Google

CANBERRA, Australia (AP) — The world’s largest zinc producer, Nyrstar, said Thursday its Australian smelters could become unviable under a proposed national greenhouse gas emissions trading scheme.

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Goldman Sachs Buys Into Carbon Offsets

November 13, 2008 Top Stories

By Kate Galbraith – Sourced From NYTimes Green Blog

Goldman Sachs has recently bought pieces of two carbon-offset companies, in the latest sign of investment banks’ interest in the area. On Monday E+Co, a company focused on bringing clean power to developing countries, announced that Goldman had purchased a majority of its carbon-offsets portfolio.

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Carbon permits face pressure on price from global crisis

November 13, 2008 Top Stories

By Lenore Taylor – Sourced From The Australian

THE global financial crisis could force up the price of the developing-country carbon permits that the Rudd Government is hoping will provide a cheap source of greenhouse gas reductions for Australian companies under its new emissions trading scheme.

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Bonn: UNFCCC Deputy Executive Secretary to participate in Global Climate Summit

November 13, 2008 Top Stories

Sourced From Bonner-Wirtschaftsgespraeche

Bonn/Los Angeles – On Wednesday, 19 November 2008, the Deputy Executive Secretary of the United Nations Framework Convention on Climate Change, Richard Kinley, will be attending the Governors Global Climate Summit hosted by California Governor Arnold Schwarzenegger.  Mr. Kinley will deliver a statement to the summit and take part in facilitated discussions throughout [...]

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EU offered plan to commercialize carbon capture

November 12, 2008 Top Stories

Sourced From EurActiv

An EU demonstration programme (PDF) external  to bring forward the large-scale deployment of carbon capture and storage (CCS) by ten years was unveiled on 10 November by a multi-stakeholder platform of industry, scientists and NGOs united in support of the technology.

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Carbon Sciences to Benefit from Obama Administration

November 12, 2008 Top Stories

Sourced From Oil Voice

Carbon Sciences, Inc. (CABN), the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, today commented on potential benefits from the Obama administration’s emphasis on developing renewable energy sources. Industry observers forecast that legislation may come early next year to speed a transition to an [...]

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Carbon Offsets Go Online as List of Top Providers Released

November 12, 2008 Top Stories

By ClimateBiz Staff – Sourced From GreenBiz
OAKLAND, Calif. — Potential carbon offset buyers got some help wading through their options over the last week with the launch of two online offset portfolios and the release of a report ranking North America’s top providers.

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CarbonNeutral Company aquires GreenLife in global push

November 12, 2008 Top Stories

Sourced From Environmental Expert
The CarbonNeutral Company, the world-leading carbon offset and carbon management company, today announced the acquisition of The GreenLife Organization LLC, a privately held New York-based provider of carbon management services. With this acquisition, The CarbonNeutral Company expands its global presence, providing carbon management services in a market estimated at more than $66 [...]

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Montreal exchange ready for Canada CO2 market

November 11, 2008 Top Stories

By Michael Szabo (Reuters), Sourced From Guardian

The Montreal Climate Exchange aims to become the central Canadian marketplace for carbon emissions trading, even before the government finalises the climate change legislation required to kick-start the market.

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Iceland to Join EU’s Carbon Market in `Near Future’ (Update1)

November 11, 2008 Top Stories

By Jeremy van Loon, Sourced From Bloomberg

Iceland, whose currency collapsed last month, plans to join the European Union’s carbon market, where nations can raise cash by selling surplus emission permits, Environment Minister Thorunn Sveinbjarnardottir said.

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EU energy chief backs $13 billion for carbon capture

November 10, 2008 Top Stories

BRUSSELS (Reuters) – Europe’s energy chief gave his backing on Monday to a source of billions of euros of public funding for power stations to trap and bury carbon dioxide in the battle against climate change.
New technology to trap CO2 and pump it underground is seen as a potential silver bullet to curb emissions from [...]

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Biotech expert says GM crops reduce CO2 emission

November 10, 2008 Top Stories

Sourced From ABC-CBN News
Genetically modified (GM) crops have an immense capability of protecting the environment, an agricultural economist said.

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AT&T buys software to save energy, CO2

November 10, 2008 Top Stories

Sourced From Climate Change Corp

Communications provider AT&T recently launched a new programme on over 300,000 PCs within its organisation to turn the computers off during non-peak hours, saving more than 135 million kilowatt hours of electricity and 123,941 tons of carbon dioxide emissions each year. The power management software from 1E is called NightWatchman, [...]

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Japan bank bolsters role as CO2 offset info provider

November 10, 2008 Top Stories

TOKYO (Reuters) – Three more companies on Monday started providing price data on U.N. carbon offsets to the state-backed Japan Bank for International Cooperation, bolstering the bank’s role as a supplier of such information in Japan.
Continue Reading on Reuters

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Nanotech may have big carbon footprint

November 10, 2008 Top Stories

By Brooke Borel – Sourced From Cosmos Online
NEW YORK: The manufacture of nanomaterials may have significant environmental impacts, according to new research, which reveals that some require significantly more energy over their lives than conventional materials.

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Comesa seeks to exploit growing carbon trade

November 10, 2008 Top Stories

By Zeddy Sambu, Sourced From Business Daily Africa
The Common Market for East and Southern Africa (Comesa) is to invest in more carbon emission reduction projects as the continent’s largest trading bloc moves to tap into the Sh2.4 trillion ($30 billion) global carbon emissions reduction business.

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Igneous rock key to carbon sequestration

November 10, 2008 Top Stories

By Timothy Gardner (Reuters), Sourced From ABC Science News

A rock commonly found in the southeast corner of the Arabian Peninsula could be used to soak up carbon dioxide and slow down global warming, scientists say.

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Large cuts in carbon emissions possible soon: report

November 10, 2008 Top Stories

Sourced From ABC News
New research has found the Victorian Government’s goal of halving carbon emissions by 2050 could easily be met 30 years earlier.

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European Parliament aims for 30% smaller carbon footprint

November 10, 2008 Top Stories

Sourced From European Parliament News
The European Parliament has decided to set out bold new plans to cut the institution’s substantial carbon footprint by 30% by 2020. The leaders of the main political groups in Parliament have committed it to a review of its output of greenhouse gasses in a bid to meet the future target.

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Reuters Summit-China climate exchange sees cash in govt promises

November 8, 2008 Top Stories

(For other news from the Reuters Summit, click on http://www.reuters.com/summit/ChinaSummit08?pid=500)
By Emma Graham-Harrison
Reuters – China’s first emissions exchange hopes to capitalise on the country’s pledges to shift towards cleaner growth, even in the absence of any government caps on production of pollutants, its chief executive told Reuters.

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New monthly record set on European carbon derivatives market

November 8, 2008 Top Stories

The European Energy Exchange and Eurex achieved the highest monthly trading volume to date in October for their jointly-operated market for carbon dioxide emission rights, with European Union emission allowance (EUA) futures equivalent to 16.7 million tonnes of carbon dioxide, 17 times higher compared than the equivalent of 977,000 tonnes in October 2007 and up [...]

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Africa left behind in Kyoto carbon offset trade: experts

November 8, 2008 Top Stories

DAKAR (AFP) — Administrative and technical problems mean that Africa cannot profit from schemes to tackle climate change through projects to cut carbon emissions in developing countries, climate specialists meeting in Dakar said.

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Brazil sees carbon market saving Amazon

November 8, 2008 Top Stories

MANAUS, Brazil (AFP) — Growing concern over climate change, and the potential of the carbon credit market, could give the Amazon forest a financial value rivalling the lucrative activities that are eating it away, Brazilian officials believe.

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Credit crunch, carbon crunch

November 8, 2008 Top Stories

New York — The presumption that the new U.S. administration shares Canada’s desire to immediately develop a North American approach to cap and trade greenhouse-gas emissions overlooks critical points (PM Moves Fast To Build Bridges With Obama – Nov. 7).

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New thinking needed to cut farming’s carbon emissions

November 7, 2008 Top Stories

FARMERS have recently been in the firing line over their contributions to global warming and carbon emissions.

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Yale report cites emerging carbon finance market

November 7, 2008 Top Stories

New Haven, Conn.—Climate change is an unprecedented global problem and an emerging carbon finance market will play a critical role in addressing it, asserts a newly published Yale report.

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Gartner and WWF Assess Low Carbon and Environmental Leadership Among Global ICT Companies

November 6, 2008 Top Stories

Cannes, France — Gartner, Inc., presented the results of an assessment of 24 global information and communication technology (ICT) providers on their commitment to tackling climate change within their own company and their capabilities in innovating and developing solutions that will help them and their clients thrive in a low carbon economy. The assessment was [...]

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Low carbon investment down 4 percent in 08: report

November 6, 2008 Top Stories

| Sourced From Enn.com |
LONDON (Reuters) – New investment in low carbon energy will decline by 4 percent in 2008 compared to 2007 due to the global financial crisis but the conditions for growth are intact, research group New Energy Finance said.

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Does Obama’s win spell victory for ethanol and carbon trading?

November 5, 2008 Top Stories

As Democrat Barack Obama handily won the U.S. presidency Tuesday night, cleantech insiders began projecting corn-based ethanol, carbon trading and transportation as winners too.

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Carbon crash hits Europe’s emission trading scheme

November 5, 2008 Top Stories

WHILE you were distracted by crashing banks and clashing US senators, you may have missed a small environmental earthquake. The price of carbon has collapsed.

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Policy leap vital for any serious cut in carbon emissions

November 5, 2008 Europe

While you were distracted by crashing banks and clashing senators, you may have missed a small environmental earthquake. The price of carbon has collapsed.

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Rurelec secures forward sale of carbon credits valued at £7 million

November 5, 2008 Top Stories

Rurelec (AIM: RUR), the power plant developer and operator with assets in Latin America, announced that it signed an agreement for the forward sale of carbon credits, valued at £7.3 million.

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EU talks on car CO2 cuts enter final round

November 4, 2008 Top Stories

EU member states have given the French Presidency a mandate to start negotiations with the European Parliament to fine-tune a draft regulation on reducing CO2 emissions from new vehicles. The law could see manufacturers’ obligations delayed to 2015.

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HSBC sees business opportunities in low-carbon environment

November 4, 2008 Top Stories

Climate change is a reality that requires a low-carbon economy, which in turn, offers opportunities for businesses across a wide range of industries, according to one of the leading global financial institutions.

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Germany: UNFCCC Executive Secretary Yvo de Boer to give press conference

November 4, 2008 Top Stories

Bonn/Beijing – On 7 November 2008, Mr. Yvo de Boer, the UN’s top climate change official will attend the “Beijing High-level Conference on Climate Change:
Technology Development and Technology Transfer”, co-hosted in Beijing on 7 and 8 November by the Chinese Government and the United Nations. This conference will bring together high-level representatives of Governments, international [...]

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Australia: Cattle industry rejects report on carbon levy

November 4, 2008 Top Stories

Livestock producers are calling on the government to recognise the good environmental work they do, saying a new report just focuses on the sector’s emissions.

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Carbon markets will be hit by economic slow-down

November 4, 2008 Top Stories

A general drop off in industry is likely to result in less demand for the European trading scheme’s carbon allowances, according to market analysts.

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UPDATE 1-GDF Suez buys 1.6 million CERs from China

November 3, 2008 Top Stories

LONDON, Nov 3 (Reuters) – French utility GDF Suez said on Monday it has bought around 1.6 million certified emission reduction credits (CERs) CEREc1 from two projects in China.
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Carbon Trust launches £250m Qatar-UK cleantech fund

November 3, 2008 Top Stories

UK government-funded body Carbon Trust, alongside the Qatar Investment Authority, is to establish a new £250m Qatar-UK Clean Technology Investment Fund, to be managed by CT Investment Partners, the group’s fund management advisory business.

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Bluescope wants global carbon scheme

November 3, 2008 Top Stories

AAP – Steelmaker Bluescope Steel Ltd says carbon pollution reduction schemes must be global and create a level playing field, otherwise some steel makers will be disadvantaged.

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Choose forest carbon standard carefully: Study

November 3, 2008 Top Stories

A study into forestry verification standards for projects in the voluntary carbon market reveals project developers must do their homework in matching the right standard to their activities. There are significant differences in approach among the emerging group of offset kitemarks and this also has implications for the buyers of the resulting credits.

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UK: i10 launches ‘£1k Low Carbon Voucher’ for East of England businesses

November 3, 2008 Top Stories

Following its successful funding bid of £192,000 to help regional businesses go low carbon, i10 has launched its ground breaking ‘£1k Low Carbon voucher’ scheme.

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Australia: Call to keep agriculture out of carbon scheme

November 3, 2008 Top Stories

AAP – INCLUDING the agriculture sector in a carbon trading scheme is an impossible dream because emissions can’t be measured with the necessary certainty, a new paper from the Australia Institute says.

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Global Recession Reaches Carbon Market – EU ETS Shortfall To Drop By 44% Due To Recession, Says IDEAcarbon

November 3, 2008 Top Stories

The global economic recession will have a significant effect on the European carbon market, nearly halving the shortfall in EU Allowances (EUAs), according to a new projection in the latest weekly report from IDEAcarbon, a leading carbon market analysis and research firm.

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Carbon trading up, clean energy investments down

November 1, 2008 Global

NEW DELHI: Even as Carbon trading market is booming and witnessed a growth of 36 % between January-Septmember 2008, investments in clean energy is certainly down this year, according to New Energy Finance, a London based company that tracks energy markets.

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Penny Wong to go easy on carbon emissions trading scheme

November 1, 2008 Australasia

THE Rudd Government has no ambitions to set an example by moving dramatically ahead of other countries with its emissions trading regime, Climate Change Minister Penny Wong has indicated.

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Japan approves 2 green projects for carbon offsets

November 1, 2008 Asia

TOKYO, Oct 31 (Reuters) – Japan has approved two reafforestation projects in China and Moldova to provide Japanese fund suppliers U.N. carbon offsets to help them reduce greenhouse gas emissions.
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Developers partly to blame for CO2 offset delays: U.N.

November 1, 2008 Global

GOLD COAST, Australia (Reuters) – Developers of U.N.-backed carbon projects should stop blaming the scheme’s governing panel for lengthy approval delays, a senior U.N. official said on Friday, accusing sloppy paperwork by some developers for the backlog.
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EU nations agree to push back CO2 auto limits to 2015

November 1, 2008 Europe

BRUSSELS (AFP) — EU member states are ready to grant automakers a three-year delay until 2015 to reduce the CO2 emissions of their new vehicles, in light of the global economic crisis, negotiators said Saturday.

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Press Release: Worldwide Carbon Black Market to be Over 12 Million Metric Tons by 2015

November 1, 2008 Global

San Jose, CA (PRWEB) October 30, 2008 — Tires and rubber products represent the major end-use applications, accounting for about 90% of global carbon black market, as stated by Global Industry Analysts, Inc. Developing economies in Asia Pacific, Middle East/Africa and Latin America emerge as the largest and the most lucrative markets in the upcoming [...]

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UAE tops world on per capita carbon footprint

November 1, 2008 Asia

Dubai: UAE residents are still consuming more natural resources than anybody else on earth, ahead of the United States and Kuwait, according to the WWF Living Planet 2008 report which came out on Thursday and is based on statistics gathered in 2005.

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Ctrip Launches Carbon Offset Program In China

November 1, 2008 Asia

To help in the fight against global warming and reduce greenhouse gas emissions, Ctrip.com has announced that it has launched a carbon offset program in China.

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Australia Will Lose Out With Fixed Carbon Price, Bankers Says

November 1, 2008 Australasia

Oct. 31 (Bloomberg) — Australia will lose investment and trading opportunities should it decide to introduce a fixed price for carbon or limit prices on emissions allowances, Credit Suisse Group’s head of carbon trading said.

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Carbon market’s future hangs in the balance

October 31, 2008 Global

LONDON (Reuters) – The future of global carbon markets is finely poised as recession threatens the political will to shoulder costs but New Zealand, Australia and Japan follow Europe with their own cap and trade schemes.
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China issues post-Kyoto plans on climate change

October 31, 2008 Asia

The clean development mechanism (CDM) should continue to be implemented even after 2012, when the Kyoto Protocol expires, says a white paper on China’s policies on climate change.

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Study: Biotechnology reduces carbon footprint of milk by 9 percent

October 31, 2008 Global

Dairy farmers have focused on preserving their natural resources to sustain their way of life for generations. Recently at the World Dairy Expo, dairy farmers – often overlooked as environmentalists – learned how biotechnology is maximizing their focus on resource conservation and making the dairy industry even greener.

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Adjust carbon tax to lift burden on poor, think-tank says

October 31, 2008 Canada

VANCOUVER — British Columbia’s controversial new carbon tax places an unfair burden on low-income families and needs to be reworked, according to a report released yesterday by the Canadian Centre for Policy Alternatives.

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Carbon footprint standard launched

October 31, 2008 Top Stories

Businesses will be able to more accurately measure the carbon footprint of their goods and services with a new standard launched by BSI British Standards, the Carbon Trust and the Department for the Environment, Food and Rural Affairs (Defra).

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Families to be slugged A$360 a year for carbon emissions

October 30, 2008 Australasia

FAMILIES will be slugged $360 extra a year in bills and food prices are expected to jump once the Federal Government introduces an emissions trading scheme.

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China hopes for step-by-step progress of low carbon economy

October 30, 2008 Asia

BEIJING, Oct. 30 (Xinhua) — Developing the Low Carbon Economy (LCE), a strategic option to cope with global warming, should follow a step-by-step pattern in accordance with a country’s situation, China’s Vice Environment Minister Zhou Jian said here Thursday.

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Carbon capture peddles win innovation award

October 30, 2008 Top Stories

A UK university has won an award for its carbon capture technology. The University of Greenwich has won a Times Higher Education Award for an innovation which turns contaminated land into harmless material.

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Press Release: New Shipping Company Cuts Carbon Emissions by 30%

October 30, 2008 Global

Update Nov 24, 2008 – Read the Interview with the CEO here.
New York, NY [Oct. 30, 2008] – New York-based international shipping company First Global Xpress (FGX) has applied green business practices to the shipping industry and ended up with a faster, cheaper, greener solution to shipping a package.

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Carbon Sciences Announces Prototype Plan for CO2-to-Fuel Technology

October 29, 2008 Global

Carbon Sciences Inc. (OTCBB: CABN), the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, today announced that it anticipates the completion of a prototype that will demonstrate its innovative biocatalytic CO2 to fuel process by Q1 2009.

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EU carmakers closer to CO2 loans

October 29, 2008 Europe

The European Union (EU) has backed the possibility of granting carmakers on the continent loans at attractive rates in the wake of the economic downturn.

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Carbon financing scheme can boost farming, reduce global warming – UN expert

October 29, 2008 Global

Agricultural experts met today to discuss how the sector can tap into the billions of dollars available every year under the United Nations-sponsored Kyoto Protocol – aimed at reducing global greenhouse gas (GHG) emissions – to improve the lives of poor farmers from around the world.

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World’s first carbon exchange traded commodity to launch on LSE

October 29, 2008 Europe

Investors will be able to access the rapidly growing carbon futures market later this week with the launch of the world’s first carbon exchange traded commodity (ETC) on the London Stock Exchange.

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Australia carbon plan no company killer: Government

October 29, 2008 Australasia

CANBERRA (Reuters) – Australia’s plan to slash greenhouse gas emissions through carbon trade will not be the “company killer” feared by business and no major polluters will be forced to move offshore, the government said on Wednesday.
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Nations see REDD in rush for carbon credits

October 29, 2008 Global

| Sourced From TheStar.com.my |
SINGAPORE (Reuters) – In the far north of Indonesia’s Sumatra island lies a vast stretch of forest brimming with orangutans and rare Sumatran tigers and elephants.

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Abu Dhabi $3 bln carbon capture project set for 2013

October 28, 2008 Asia

ABU DHABI, Oct 28 (Reuters) – Abu Dhabi’s ambitious $3 billion Carbon Capture & Storage (CCS) project will be operational by early 2013, allowing for enhanced oil recovery and providing alternative energy for power and transport, the project’s developer said on Monday.

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Japanese exchange trials carbon-neutral power trade

October 28, 2008 Asia

TOKYO, Oct 28 (Reuters) – The Japan Electric Power Exchange (JEPX) plans an Internet site to bring together parties wanting to trade carbon-neutral power that is generated from renewable sources or from fossil fuels offset by U.N. carbon credits.
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MENA’s role important in oil & gas CDM

October 28, 2008 Global

UNITED ARAB EMIRATES: Middle East and North Africa (MENA) represent six percent of the global share of oil and natural gas Clean Development Mechanism (CDM) projects, based on data revealed at the World Carbon Emission Reduction Summit in Abu Dhabi. There are eight oil and gas projects in MENA with only one registered avoided gas [...]

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Carbon footprint standard for all products drawn up by Government

October 28, 2008 Top Stories

The world’s first standard to measure the carbon footprint of every product in our shops will be launched tomorrow by the Government in an effort to end the continuing confusion over “eco-labels”.

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EU urged to prepare to tackle “carbon leakage”

October 28, 2008 Europe

The EU must develop a comprehensive set of policies in readiness to tackle carbon leakage, the loss of business to companies in regions unconstrained by emissions trading schemes or carbon taxes, according to the International Energy Agency (IEA).

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Carbon crisis to cost 29,000 jobs

October 27, 2008 Australasia

UP to 29,000 jobs would be lost in Victoria by 2020, under carbon emissions cuts backed by federal climate change adviser Ross Garnaut.

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Coal Power Wants A$1 Billion in Carbon Permits

October 27, 2008 Australasia

Oct. 28 (Bloomberg) — Coal-fired power generators want Australia to give them a third of the carbon permits they would need over the first two decades of an emission trading plan as part of an adjustment package worth more than A$1 billion ($600 million), the Australian Financial Review said.

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Australia’s land carbon measuring system goes global

October 27, 2008 Australasia

The Australian Government’s carbon measuring system has picked up the CSIRO Partnership Excellence Award.

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Goldman Sachs Enters Offsets Market with Blue Source Deal

October 27, 2008 Top Stories

Goldman Sachs has become the latest investment bank to buy its way into the carbon offset market, shelling out an undisclosed sum for an equity stake in US offsetting specialist Blue Source.

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UK’s carbon credits registry goes online

October 27, 2008 Top Stories

Carbon credits issued under the current phase of the EU emissions trading scheme (ETS) will come to life this morning when the UK’s national allowance registry goes back online.

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Climate Exchange to boost emission trading

October 27, 2008 Asia

A month after two environment and energy exchanges opened virtually simultaneously in Beijing and Shanghai in August, an environmental trading platform was established in Tianjin municipality, one of most vigorously developing cities in China.

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China: Three companies join carbon fight

October 26, 2008 Asia

(Xinhua) THREE Chinese companies have joined The Climate Group, an environmental watchdog and advocator of a low-carbon economy, the London-based non-governmental organization announced yesterday.

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California Registry offset program becomes first to be recognized by VCS

October 26, 2008 Top Stories

GENEVA and LOS ANGELES – The Voluntary Carbon Standard Association (VCSA) approved the California Climate Action Registry as the first independent greenhouse gas (GHG) offset program it has recognized.  Its recognition by VCS provides the foundation for the establishment of common global standards for voluntary GHG emission reduction projects and their offsets.  This is significant [...]

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Carbon tax is just tilting at windmills

October 26, 2008 Australasia

THE one certainty of climate change (anthropogenic or not) is that it is unstoppable. Government advertisements suggest worst-case scenarios but they do not concede that these are no less likely should Australia cut its carbon dioxide output. Whether or not you believe in man-made climate change, it’s out of our control.

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High Demand Prompts Forest Carbon Partnership Facility to Expand Beyond Original 20 Developing Countries

October 26, 2008 Global

(Press Release) WASHINGTON, October 24, 2008 – With more than 40 developing countries asking to become part of the Forest Carbon Partnership Facility, the FCPF has announced that it aims to expand its expected number of developing country participants from 20 countries to 30.  Tropical forested countries are seeking to build capacity to reduce greenhouse [...]

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Carbon Credit Biz Feels Meltdown Heat

October 25, 2008 Carbon Market News

NEW DELHI: With developed economies staring at a recession, talks of the global financial meltdown forcing climate change negotiations into a freeze have gained ground.

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Japan utilities may join trial CO2 scheme

October 24, 2008 Asia

TOKYO, Oct 24 (Reuters) – Each Japanese utility will consider participating in the planned domestic trial carbon dioxide (CO2) trading scheme, keeping in mind the industry’s voluntary goals under the Kyoto Protocol, the chairman of an industry association said on Friday.
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New EU CO2 caps anger airlines

October 24, 2008 Europe

LUXEMBOURG (AFP) — The European Union on Friday imposed tougher pollution limits on airlines from 2012, angering the air industry and the United States, whose carriers will be included.

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Carbon finance seen solid despite global crunch

October 24, 2008 Carbon Market News

ABU DHABI, Oct 23 (Reuters) – Carbon finance has escaped a hit from the global credit jitters but regulators must act fast to speed up project delays to maintain the momentum to combat climate change, World Bank and industry officials said.
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Rudd unveils small business package

October 24, 2008 Australasia

The Federal Government says the tax office will work with small business to minimise the impact of the global economic crisis.

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Japan Power Bourse to Start U.N. Carbon-Credit Trade Next Month

October 24, 2008 Asia

Oct. 24 (Bloomberg) — The Japan Electric Power Exchange will start trading United Nations-emission credits and carbon- free electricity next month, a bourse official said.

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Sarkozy’s carbon footprint as big as 1,000 Frenchmen: report

October 23, 2008 Europe

PARIS (AFP) — He may be a diminutive man, but President Nicolas Sarkozy has a huge carbon footprint, equivalent to that made by 1,000 of his fellow French citizens, an ecological magazine said Thursday.

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CantorCO2e and EcoloCap Sign Agreement

October 23, 2008 Global

MONTREAL, QUEBEC, Oct 23, 2008 (MARKET WIRE via COMTEX) — EcoloCap Solutions, Inc. today announced that it has signed an exclusive Greenhouse Gas Offset Management Services and Representation agreement with CantorCO2e LLC and its affiliates (”CantorCO2e”) to develop and market EcoloCap’s growing portfolio of potential Certified Emission Reductions (CERs) as well as pre-Clean Development Mechanism [...]

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NY-NJ transit agency plans to buy carbon credits

October 23, 2008 Top Stories

NEW YORK – The agency that owns the New York City region’s airports, bridges and tunnels is gearing up to go green.

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Caltex says Australia carbon plan may threaten refineries

October 23, 2008 Australasia

PERTH (Reuters) – Australia’s proposed carbon emissions trading scheme may threaten the viability of the country’s oil refining industry, Caltex Australia Ltd, the country’s biggest oil refiner, said on Thursday.
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Financial crisis divides EU on greenhouse gas cuts

October 23, 2008 Europe

VIENNA, Austria (AP) — What price clean air, sparkling streams, stately chestnut trees along busy avenues? In some ways it depends on whether you are a citizen of Old or New Europe.

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China warns of huge rise in emissions

October 23, 2008 Asia

China is famously reticent with its greenhouse gas emissions data. But a new report penned by researchers at the Chinese Academy of Sciences says China’s greenhouse gas pollution could more than double in two decades.

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French phase-in plans for car CO2 opposed

October 23, 2008 Europe

An attempt by Dutch government officials to throw out a Franco-German deal that would delay stricter CO2 rules for carmakers gathered ‘wide-ranging support’ among EU environment ministers, government sources told EurActiv.

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Credit Suisse to offer largest structured CO2 deal

October 23, 2008 Global

LONDON, Oct 22 (Reuters) – Credit Suisse (CSGN.VX: Quote, Profile, Research) will offer a structured carbon emissions deal next month worth about $200 million, the Swiss bank’s head of carbon trading told a conference on Wednesday.
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German ministry sees EUA allocation within days

October 22, 2008 Europe

FRANKFURT (Reuters) – Germany may receive permission from Brussels to issue carbon emission permits to its industry for 2008 within days, the environment ministry said on Wednesday.
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Italian Backlash Threatens EU’s Climate Fight

October 22, 2008 Europe

NAPLES/BRUSSELS – Italian Prime Minister Silvio Berlusconi warned on Tuesday that 10 other EU nations backed his efforts to block an EU climate plan, prompting further doubts over European action on global warming.

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Chinese CDM projects suffering from approval delays – officials

October 22, 2008 Asia

Beijing. October 22. INTERFAX-CHINA – Clean Development Mechanism (CDM) projects offer China a way to reach its ambitious goals for a more ecologically friendly energy industry, but the projects are suffering from bottlenecks in the international approval process, government and project officials said at a recent industry forum.
By Hou jie
Full Article Available Only to InterFax [...]

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Carbon credits see erosion in value

October 22, 2008 Carbon Market News

MUMBAI: With the US engulfed by recession, bilateral trades in the voluntary market for carbon offsets in India are said to have almost come to a naught.

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UN climate-change body holds first Irish meeting

October 22, 2008 Top Stories

THE FIRST meeting in Ireland under the auspices of the UN Framework Convention on Climate Change (UNFCCC) opened yesterday in an effort to reach agreement on the transfer of low-carbon technologies to developing countries.

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World Bank finds future demand in global CDM market

October 22, 2008 Carbon Market News

UNITED ARAB EMIRATES: An official with the World Bank said the organization is looking at future demand for the Clean Development Mechanism (CDM) market in reducing greenhouse gas emissions beyond 2008. Speaking at the World Carbon Emission Reduction Summit today in Abu Dhabi, the official was quick to point out that policy vacuum should be [...]

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Carlson Wagonlit Travel signs global deal with The CarbonNeutral Company

October 22, 2008 Global

Carlson Wagonlit Travel has signed a global agreement with The CarbonNeutral Company to provide emissions management services to its clients. CWT can now offer its clients pre-trip carbon calculator, post-trip emissions management reporting, and a range of services designed to reduce carbon dioxide emissions.
Through the CarbonNeutral Company, it can assess greenhouse gas, independently verify a [...]

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When all’s said and done, the carbon tax is toast

October 22, 2008 Canada

The demise of Stéphane Dion has killed any national attempt to tax carbon-producing products. Even if such a tax were offset by lower personal and corporate taxes, Canadians apparently won’t accept this way of tackling the challenge of greenhouse-gas emissions that warm the atmosphere.

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Trust has helped firms save £32m with carbon cuts

October 22, 2008 Top Stories

THE Carbon Trust has helped businesses in Wales save £32m in energy costs and cut carbon emissions by more than 500,000 tonnes since its inception in 2001, according to new figures.

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PM reassures wind industry of commitment to low carbon energy

October 22, 2008 Top Stories

Prime Minister Gordon Brown reassured the wind energy industry yesterday that the “difficult” global economic situation will not dampen the government’s commitment to cleaner energy.

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Global recession: A soft landing for low-carbon industry?

October 22, 2008 Global

The fledgling climate-change sector faces its first economic recession. David Metcalfe from research firm Verdantix predicts that some firms will hit the wall, but others will emerge stronger that ever

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Eni, Enel team up on carbon capture

October 22, 2008 Europe

Enel is building a CO2 capture and liquefaction plant in Brindisi, Italy, and Eni plans to inject the gas in Cortemaggiore.

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Carbon project brings sustainable hope to remote tract of Amazon

October 22, 2008 Global

JUMA RESERVE, Brazil (AFP) — Juma Reserve, in the heart of Brazil’s vast Amazon forest, stands as an example of the perils weighing on the world’s largest tropical woodland.

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Beijing offers cash to curb capital’s pollution

October 21, 2008 Asia

BEIJING (Reuters) – The Beijing government will give companies who stop highly polluting production up to 2.3 million yuan ($336,500) as a bonus, state media said Sunday, in the latest attempt to clear the capital’s notoriously poor air.
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Former Australian treasurer casts doubt over carbon trading

October 21, 2008 Australasia

Australia’s former federal treasurer, Peter Costello, says the government’s proposed carbon trading scheme could be threatened by the changing economic situation.

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Citing economic downturn, some European countries push to delay cutting emissions

October 21, 2008 Europe

LONDON — Worried about the costs of reducing greenhouse gas emissions in the face of a worldwide economic downturn, a growing number of European nations are dragging their heels on making pledged emissions cuts, raising fears that already lagging international climate talks could stall.

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Credit crisis to redraw carbon markets

October 21, 2008 Carbon Market News

Carbon market participants are braced for the effects of a dramatic reduction in risk capital available to the sector, as the full impact of the credit crisis and a looming recession make themselves felt.

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Carbon-Capture Costs Delay Projects, Hamper CO2 Goals

October 21, 2008 Global

Oct. 20 (Bloomberg) — Rising costs for carbon dioxide capture and storage are delaying new projects that use the technology and jeopardizing plans to meet emission-reduction targets, the International Energy Agency said.

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London Firm Launches Carbon Hedge Fund

October 21, 2008 Carbon Market News

London-based CF Partners, an environmental finance firm specializing in carbon advisory and trading, is launching a carbon emissions hedge fund strategy next month.

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Carbon prices slashed as recession fears deepen

October 21, 2008 Australasia

The economic recession could contain an unlikely silver lining: Lower carbon prices for companies entering the emissions trading scheme.

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Nova Scotia earmarks $2.6 million for projects to cut harmful emissions

October 21, 2008 Canada

HALIFAX — Funding of $2.6 million has been approved for the latest round of projects in Nova Scotia that aim to reduce harmful air emissions.

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France: turmoil must not hurt climate change bill

October 21, 2008 Europe

LUXEMBOURG (AP) — France and Germany urged smaller European Union economies not to use the world financial meltdown as an excuse to gut legislation that aims to combat global warming with deep cuts in greenhouse gas emissions.

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Japan Government Approves Voluntary C02-Trading Trial (Update1)

October 21, 2008 Asia

Oct. 21 (Bloomberg) — Prime Minister Taro Aso’s government today approved a carbon-trading trial in Japan, the world’s fourth-largest polluter, allowing companies to set their own emission-reduction targets.

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