Sentences with phrase «of carbon credit schemes»

Not exact matches

The report accepts minister's efforts to include aviation in the EU emissions trading scheme, where firms would be given a certain allocation of carbon credits to buy and sell on the open market, but warns this is still «years away».

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.

EU officials have confirmed they will move to address controversial carbon credits that «game» the Clean Development Mechanism (CDM) and undermine the effectiveness of the EU emissions trading scheme (ETS)...

At any rate, in my personal view, we should not prescribe exactly what needs to be done but should instead implement flexible schemes like Kyoto or the McCain - Lieberman Climate Stewardship Act that allow trading of emissions credits, credits for carbon sequestration (provided it can truly be shown to work) and so on.

The expansion of the pellets - to - carbon - credit scheme has the feel of an energy rush akin to what happened in Pennsylvania in the early days of the hydraulic fracturing boom and the destructive palm oil push that affected food prices.

PHNOM PENH — The killing of three conservationists patrolling Cambodia's biggest carbon credit project exposes the nearly insurmountable conflicts of interest plaguing schemes in which huge corporations such as Disney and Virgin Atlantic have invested millions of dollars, observers say.

However, worried about the verifiability and permanency of carbon dioxide stored in trees, the European Union does not allow credits generated that way to be traded in its emissions trading scheme.

Increase of credits from large hydro expected by 2020A new study released in time for the climate negotiations in Durban confirms that over 20 % of all carbon credits under the UN's offsetting scheme, the Clean Development Mechanism (CDM), could come from business - as - usual large hydropower projects.

If Climate change (or global warming) folks want to make their cause more saleable then they need to stop using has been Rock or movie stars, tired burned out politicos, and most of all persons that have invested great amounts of money in «green projects», «carbon credits» and other money making scams... errr sorry schemes.

The price of carbon credits has also fallen, while plans to introduce national trading schemes, particularly in the US and Australia, remain uncertain.

One such scheme is President Bushs proposal to expand the Department of Energys Voluntary Reporting of Greenhouse Gases program to include the awarding of transferable carbon credits for voluntary greenhouse gas reductions.

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).

The research comes as efforts intensify to include protection for tropical forests in carbon credit schemes, as part of a new climate deal to replace the Kyoto protocol.»

Seen that it will create a lot of demand for carbon credits in the future, a key issue is to ensure that emissions reductions are not counted towards both national commitments under the Paris Agreement and the targets set under the future aviation offsetting scheme.

The weakness of the scheme and the fact that emissions reductions achieved through voluntary action or the newly announced home insulation scheme don't attract credits have led to a revival of the debate over the merits of a carbon tax, as an alternative to emissions trading.

However, according to Professor Rosemary Rayfuse, an expert in International Law and the Law of the Sea at the University of New South Wales, Australia, who also attended the Woods Hole meeting, ocean fertilization projects are not currently approved under any carbon credit regulatory scheme and the sale of offsets or credits from ocean fertilization on the unregulated voluntary markets is basically nothing short of fraudulent.

Additionally capping the maximum price of carbon credits will not allow the scheme to effectively find the market price for carbon and promote innovation.

MEPs in Strasbourg have vote against proposals to restrict supply of carbon credits in EU's emissions trading scheme

On Tuesday the European Parliament's 748 MEPs will vote on whether to withhold more than 900m carbon credits from the next phase of its emissions trading scheme (ETS).

A United Nations - backed scheme of carbon credits — in which companies unable to reduce their own emissions could buy «credits» from companies that did — actually increased greenhouse gas emission, a study suggests.

The carbon credit scheme was part of the Kyoto Protocol, allowing countries to generate Emission Reduction Units from greenhouse gas reduction projects that they could then sell to other countries.

Based upon it's conclusions, governments have implemented expensive carbon taxes and new overbearing regulations designed to reduce carbon dioxide emissions, cap and trade schemes, a phased - in ban on incandescent light bulbs, the forced relocation of whole populations of people to make room for carbon credit producing plantations and numerous other far reaching and expensive initiatives.

The majority of the trade is carried out not between polluting industries and factories covered by carbon trading schemes, but by banks and investors who profit from speculation on the carbon markets - packaging carbon credits into increasingly complex financial products similar to the «shadow finance» around sub-prime mortgages which triggered the recent economic crash.

He favors tax credits for carbon - emission reduction and for the adoption of eco-friendly technologies (but he opposes carbon taxes and cap - and - trade schemes).

The promise of carbon credits and free money from schemes like the U.N. - backed Clean Development Mechanism, appear to be among the causes of renewed violence.

As a party to the Protocol, the Australian Government are currently developing the national emissions trading scheme, the Carbon Pollution Reduction Scheme [45], which regulates the generation and trade of carbon credits.