«These 74 projects hope to produce almost 38 million
carbon credits by 2013,» worth about US$ 600 million, she said.
the cleantech industrial oil re-refining group, is pleased to announce that the American Carbon Registry («ACR») has approved a rigorous emissions reduction accounting methodology to generate
carbon credits by recycling transformer oil.
After setting him right, Borges explained that the Suruí and other indigenous people could, in theory, earn
carbon credits by acting as guardians of the rainforest under schemes that reduce greenhouse gas emissions from deforestation and forest degradation (REDD).
A growing minority, however, favored an A / R (Afforestation / Reforestation) strategy, which would let them earn
carbon credits by planting trees on land that hadn't been forest for a long time — if ever.
Most members of the commission favored a REDD (Reduced Emissions from Deforestation and Degradation) strategy, which would let farmers earn
carbon credits by saving endangered forests.
Large hydro projects are projected to generate 2 billion
carbon credits by 2020, which could be a lot of hot air.
19 July 2013 Amigos de la Tierra México, the Mexican affiliate of Friends of the Earth, sent a ripple of confusion through the environmental community on Thursday when its Chiapas office posted an error - riddled story that implied the Mexican state had «cancelled» its plans to develop a statewide regulatory regime for generating
carbon credits by saving endangered rainforest.
There's a clearly understood problem — China figured out they could claim
carbon credits by building large new HCFC plants and destroying one of the byproducts, and selling the HCFCs for cheap third world air conditioners, and got away with that for some years.
Not exact matches
Some of them, including Italy and Spain, will only be able to do so
by buying
credits to offset their own emissions, for example
by investing in projects that reduce
carbon emissions in developing countries.
With savings of 7,792 kg CO2 per year in
carbon savings, the homeowner could realize an additional $ 25.50 to $ 85.80 per year in
carbon credit income just
by living in a hempcrete home.
Another issue loaded with political implications is the proposed
carbon -
credit trading mechanism,
by which countries with less «pollution» than their set limits can sell
credits to those that exceed their quotas.
The question of course remains whether certification of raw materials or
carbon credits are solutions to problems created
by an industry we can largely do without.
The State will fund the Green Jobs - Green New York loan program and establish the statewide green jobs training program, with $ 112 million in funding acquired
by auctioning
carbon emission
credits through the Regional Greenhouse Gas Initiative (RGGI).
People could be issued with personal
carbon allowances which they would spend through a «
carbon credit card», under plans being considered
by the government.
Preserving nuclear plants also allows the administration to move toward its goal of reducing greenhouse gas emissions 40 percent
by 2030, through a zero - emission
credit program that awards companies for producing energy without
carbon emissions.
Rather, the NHL will invest in
carbon offset projects and RECs, essentially
credits that are attached to the clean energy generation instead of buying the energy itself, according to information provided
by Constellation through a spokesman.
He went on to urge Blair to support the U.S. position in favor of more
credit for
carbon sequestered
by forests and sinks, assuring him that it would allow the United States to curtail even more emissions.
So companies in the developed world have an annual limit on the level of greenhouse gas emissions they can produce, and if they exceed their cap, they can purchase
credits generated
by the emission reduction projects or low -
carbon technologies in developing countries.
(To his
credit, Gore compensates for his plane trips
by buying
carbon offsets, which pay for projects that reduce greenhouse gas emissions.)
Blue
carbon markets, in which countries or corporations could offset CO2 emissions
by buying
carbon credits from projects that create or protect
carbon - rich habitat, could become viable in two to three years, says John Bruno, a marine ecologist at the University of North Carolina in Chapel Hill.
Such refrigerants can be turned to cash, either the old - fashioned way — making and selling them — or
by destroying them to reap
carbon credits.
The UN expects China to account for 41 % of all
carbon credits issued
by 2012, but a recent paper in Nature suggests that a loophole in the system has allowed investors to get rich without cutting significant amounts of emissions.
At a climate finance forum hosted
by the International Finance Corp. last week in Beijing, Xu Huaqing, deputy director general of China's National Center for Climate Change Strategy and International Cooperation, said that
carbon credits sold in the existing Chinese
carbon markets already surpassed 100 million yuan ($ 16 million) as of early May.
Besides trading
carbon allowances among each other, companies included in Shenzhen and other Chinese
carbon markets are also able to use offset
credits generated
by carbon - cutting projects to cover 5 to 10 percent of their emissions as a way of lowering emissions reduction costs.
CERs are the most heavily traded
carbon offset
credit in the world, used mostly
by European companies to keep their greenhouse gas emissions levels beneath a government - mandated cap.
A broad coalition of activists are charging that as much as a third of all Kyoto Protocol
carbon offset
credits ever sold to banks and governments could be illegitimate because they were generated
by firms manipulating the marketplace.
This, in turn, will help boost China's renewable energy capacity and lift
carbon prices in the international offset market, which is being oversupplied
by carbon credits from the U.N. - run Clean Development Mechanism (CDM).
At the moment, these
carbon markets only trade in
credits for terrestrial ecosystems; for example, keeping a certain amount of forest intact in order to offset a ton of
carbon dioxide emitted
by burning fossil fuels.
By investing in efficient plant it could generate lots of valuable
carbon credits to sell to wealthier, more wasteful nations.
The scheme, which issued its first
credits in 2005, has already transferred the right to emit an extra 250 million tons of
carbon dioxide (CO2), and that could swell to 2.9 billion tons
by 2012.
Any global emissions targets could be set and met
by gradually reducing the world supply of
carbon credits.
The CDM - the U.N.'s main
carbon market set up
by the Kyoto Protocol - has helped to channel almost $ 400 billion to
carbon - cutting projects in the developing world
by allowing investors to earn
credits they can sell for use in meeting emission targets in richer nations.
-- The Administrator shall issue one offset
credit to an offset project developer for each ton of
carbon dioxide equivalent that the Administrator has determined has been reduced, avoided, or sequestered during the period covered
by a verification report submitted in accordance with section 736, only if --
Seeding research funding into
carbon removal options now will pay dividends in the coming decades: Photo
credit: Jamie McCaffrey / Foter / CC
BY By Guy Lomax and Peju Adeosun Last month, we published a Commentary in the scientific journal Nature Climate Change, co-authored with Professor Tim Lenton and Dr. Mark Workman, calling on policymakers -LSB-..
BY By Guy Lomax and Peju Adeosun Last month, we published a Commentary in the scientific journal Nature Climate Change, co-authored with Professor Tim Lenton and Dr. Mark Workman, calling on policymakers -LSB-..
By Guy Lomax and Peju Adeosun Last month, we published a Commentary in the scientific journal Nature Climate Change, co-authored with Professor Tim Lenton and Dr. Mark Workman, calling on policymakers -LSB-...]
A new front splitter, side sills and rear spoiler extension — the new
carbon - fibre components
credited with the extra downforce — have been developed
by Polestar and Cyan Racing, employing data derived from contention in the World Touring Car Championship.
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Part of the
credit also goes to the new aluminium chassis with
carbon fibre - reinforced plastics, which reduces its weight
by 15 per cent and yet increase the rigidity
by 40 per cent.
The origination of embossed numbers trails back to when
credit card transactions were handled via
carbon paper and the embossment, when rubbed, would create an imprint on the paper to create a receipt and be submitted
by the merchant to the processor.
Carbon credits, including regulated
carbon credits, are not backed
by any assets and don't pay any dividends or interest.
The initiative involves the acquisition of premium
carbon credits developed
by Sustainable
Carbon — Projetos Ambientais, a consultancy firm specialising in solutions for climate change.
I'm puzzled
by the fact that flaring or engine burning of coalbed methane earns a «
carbon credit».
This is because the companies who purchase
carbon credits are still creating a
carbon footprint, it is just being offset
by an environmentally friendly action taken
by another company, whereas
by using renewable energy directly, there is no
carbon created in the first place.
It needs to be spelled out, because the «solutions» that are acceptable to the business world (
carbon credit trading and attempts at burying CO2 emissions) will have almost zero effect on the real world — the rate of increase of CO2 in the atmosphere will be unaffected
by such «solutions».
They argued that the trading system provides far too much leeway for dealing in «offsets,»
credits earned
by avoiding or preventing emissions of
carbon dioxide.
10:00 a.m.: Carol Browner mentions elements of legislation that would allow farmers to get income
by selling
credits for
carbon banked in their fields through changes in agricultural practices.
During 2005 talks over the climate treaty in Montreal, for example, the National Center for Public Policy Research, a group opposing emissions restrictions, tried to illustrate its view of
carbon markets
by handing out mock emissions
credits.
The business plan had been to sell «
carbon offset»
credits earned
by triggering blooms of phytoplankton that, in theory, would absorb a predictable amount of the climate - warming gas
carbon dioxide through photosynthesis and then sink to the seabed.
I've written quite a bit about whether markets in
carbon credits earned
by cutting, avoiding or absorbing such emissions — whether from avoided deforestation, tree planting, or leaving oil in the ground — are credible, sensible or doable.
And of course there's the reality that explosive population growth in certain places, particularly sub-Saharan Africa, could be blunted without a single draconian measure, many experts say, simply
by providing access to family planning for millions of women who already want it, but can't get it — whether or not someone gets a
carbon credit in the process.
If that's the new focus, let's get back to discussing why Algore shouldn't be required to lower his
carbon footprint directly rather than
by assuaging his enviro - guilt with
carbon credits.