Sentences with phrase «earn carbon credits»

Our service will enable fans to be environmentally responsible by helping to reduce cars from the road and potentially earn carbon credits for their team» said Lawrence Toet V.P. of Business Development and former Member of the Environment Committee in the House of Commons.
Many project directors and government officials are not well equipped to tie together all the essential knots required to earn carbon credits for forest preservation.
Barnabas Suebu, governor of the province which makes up nearly half the island of New Guinea, has teamed with an Australian millionaire, Dorjee Sun, to develop a carbon offset plan that would see companies in developing countries pay for forest preservation in order to earn carbon credits.
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).
As a result, the 1300 - strong Paiter - Surui last week became the first indigenous tribe in the Amazon and globally to earn carbon credits under internationally recognized standards for capturing carbon in trees — setting the stage for scores of similar projects that can unleash needed funding for indigenous people who preserve endangered tropical rainforest across the Amazon.
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.
«The evidence is overwhelming that manufacturers are creating excess HFC - 23 simply to destroy it and earn carbon credits
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.
To earn carbon credits, the project developer must first demonstrate that emissions reductions created would not have happened without their project.
UN Climate Change News, 28 April 2018 — Projects that increase bicycle use over fossil - fuel - burning vehicles can now earn carbon credits, thanks to a decision taken by the Board that oversees the UN's Clean Development Mechanism (CDM).
Projects that earn carbon credits are providing employment for young Aboriginal people, empowering them to remain on their traditional land.
With their reputations at stake, the world's biggest automakers are rolling out their best efforts in electrified vehicles over the next several years and are more interested in earning carbon credits than profits.
Participating farmers in this first rice project will implement voluntary management practices on their fields to reduce methane emissions, earning carbon credits to be sold in the voluntary and potentially the California carbon markets.
This deal marked the first time an indigenous community earned carbon credits under internationally recognized standards.
That threat, however, may now be mitigated by the potential for payments for REDD (reduced emissions from deforestation and degradation) allowing companies and environmental groups to fund forest conservation by earning carbon credits for saving trees.
Forest conservation is expected to be an important emissions mitigation mechanism under the next global climate treaty, with tropical countries earning carbon credits for reducing deforestation.
All aim to slow deforestation in hopes of earning carbon credits for their efforts, and all run the risk of being punished for their early action by following rules that might not fit in with different countries» emerging national plans.

Not exact matches

In my post «Coffee farms and carbon sequestration,» I discussed the potential of carbon credits in helping coffee farmers earn extra income, and provided some statistics and references on carbon sequestration on coffee farms in and other tropical agroforestry systems.
Given the controversy surrounding George's latest bid — which is billed as an attempt to restore salmon populations but also aims to earn saleable carbon credits — Scientific American spoke with him on October 19.
With Leinen as its chief scientific officer, Climos sought to perform ocean iron fertilization experiments and sell carbon credits it could show it earned.
They charge that since 2005 a small number of firms have deliberately produced excess greenhouse gas pollution for the sole purpose of destroying it, thus earning them valuable carbon offset credits called Certified Emissions Reductions (CERs).
To earn credits, a project should owe its existence to the prospective earnings from carbon credits: the emissions reductions from the project should be additional to what would have happened in the absence of the CDM.
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.
I'm puzzled by the fact that flaring or engine burning of coalbed methane earns a «carbon credit».
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.
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.
In a «joint policy statement» published in the journal Science last month, a group of researchers from around the world said trade in carbon credits earned this way was premature «unless research provides the scientific foundation to evaluate risks and benefits.»
The city saves money on liquid fuels, heat, and electricity, (2) gains carbon credits from biochar carbon sequestration, and (3) earns income from the sale of biochar to local farmers, who provide an additional portion of the cities food.
Keeping Madagascar evoluation surrounding is our human being mission, using carbon credits to protest Madagascar is good way, let there people recognize to protect forest of them will earn money, too.
Rising Tide has had a lot of fun with entrepreneurs involved in trading credits earned by cutting greenhouse - gas emissions, recently sending «greenwash guerillas» to root out what it called «carbon traitors» at a conference on carbon trading.]
Again, any policy that actually reduces carbon emissions will earn credit based on its actual contribution under our proposal.
Companies could also earn and trade credits for actions like growing trees, which remove carbon dioxide from the air, and could trade permits and credits internationally under the Kyoto Protocol, the agreement to fight global warming that Mr. Bush rejected.
For energy companies willing to accept some limits on warming gases, one goal is to firm up a market for tradeable credits earned by companies that make sharp cuts in emissions or plant or protect forests, which absorb carbon dioxide.
Brazil's Paiter Suruí have taken a giant step towards changing that by becoming the first indigenous people to prove their actions save the forest and earning the right to generate credits for the carbon they capture in trees.
Since the Local Stakeholder Consultation meeting, ECOTRUST has been included under the Improved Cook Stoves for East Africa (ICSEA) Programme of Activities (PoA) which recently added a new methodology to allow ECOTRUST members to earn more carbon credits for shifting from a dependence on non-renewable biomass fuel to the use of renewable biomass as their primary source of fuel.
Under the CDM, chemical companies can earn almost twice as much from destroying HFC - 23 gas and selling the carbon credits as it can from selling the actual refrigerant gases.
They sell the carbon credits to the BioCarbon fund, earning a total of $ 65,000 so far.
They earn one carbon credit for each ton of carbon dioxide or its equivalent in greenhouse gases that they keep out of the atmosphere.
Michael Wara, a law professor at Stanford University, has calculated that in years when carbon credits were trading at high prices and coolant was dirt - cheap because of the oversupply, companies were earning nearly twice as much from the credits as from producing the coolant itself.
Destroying the waste gas is cheap and simple, but it is hard to know exactly how much any one company has earned from doing so, since the market price for carbon credits has varied considerably with demand — from about $ 9 to nearly $ 40 per credit — and they can be sold at a discount through futures contracts.
Eventride can track the carbon - offsets for every trip a fan takes, and these Carbon Credits can be allocated to the team and their fan community who earned them
In practice, the ACoGS methodology will enable grassland - based agricultural producers to earn income from the sale of carbon credits generated through the preservation of their grasslands.
Because there is no commercial scale tidal, wave, or clean coal, Exelon's financially challenged nuclear facilities would likely earn an estimated $ 300 million per year from low carbon credits while renewables would get virtually no support.
# 38 Trade carbon for capital... «One of the most ambitious of the Kyoto Protocol's plans to help cut greenhouse gases was the Clean Development Mechanism, through which companies in the rich world could earn credit not for reducing their own emissions but for investing in energy efficient projects in the developing world.»
Innovative companies could meet those caps through actual reductions and earn carbon «credits,» which they could sell to industry laggards.»
This positive result was overshadowed by an influx of carbon credits from the international markets as companies looked to exploit a closing loophole on the eligibility of certain methods of earning emission allowances.
For each additional ton of carbon dioxide their trees store, forest owners earn a credit that they can sell to companies who wish to offset their emissions.
As written, the LCPS would increase rates for ratepayers, and Exelon's nuclear plants would earn an estimated $ 300 million per year from low carbon credits while renewables would get almost nothing.
The standards cover all transportation fuels, including gasoline, hydrogen, and electricity; producers must meet the standard by selling sufficiently low - carbon fuel, or by purchasing credits earned by other sellers.
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