All Blog Posts (336)

A carbon footprint calculator measures our emission of CO2 that we put in the air by just having a day-to-day routine. Straightforward items that we do every day like drive to function and to the store. When we go to the shop, most stores ask these days do you want paper or plastic. I say neither simply…

In a digital heist reminiscent of a John le Carré novel, more than $9 million worth of greenhouse-gas emissions permits were stolen from the Czech Republic electricity and carbon trading registry this week and transferred to accounts in other countries, at the same time as the Prague-based registry office was…

The European Commission has partially shut down its carbon-trading market – the world’s largest – after carbon allowances worth up to €30 million were stolen from insecure accounts.



The thefts mean more negative press for the European Union’s emissions trading scheme (ETS), a key pillar of efforts to force…

Sindicatum Carbon Capital Ltd., the developer of clean-energy projects that’s partly owned by Citigroup Inc. and Cargill Inc., sold 5.5 million United Nations emissions permits to European buyers.



The company sold UN Certified Emission Reductions on a forward basis to two energy groups in June and December…

Despite hesitance to adopt carbon trading by countries around the world, experts believe that the acceptance of carbon trading markets is inevitable. China has been reluctant, but as they face an energy crisis, carbon trading markets are emerging as one of the best solutions to curbing their overuse of predominantly coal…

The Chinese government will impose binding emission targets on its regions as part of its efforts to meet 2020 national carbon intensity goals, a senior Chinese climate official said on Wednesday.



Su Wei, the director general of the climate change department at the National Development and Reform Commission, said a working group would be set up to draw up specific targets and policies, Thomson Reuters affiliate Point Carbon reported.



"Since China has a binding carbon…

Despite commencing construction during one of the coldest English winters in January 2010, Accrington train station – part funded by the EU through the Interreg IVB programme – received a very warm welcome. The new eco station, the first of its kind on the UK's northern rail network, received a BREEAM (Building Research Establishment Environmental Assessment Method) rating of 'excellent' at the beginning of December 2010.



The building is made from recycled stone and uses…

Could swapping carbon emissions rather than trading them reduce climate change?



Australian researchers have suggested that nations should abandon the concept of carbon emissions trading in favor of a carbon swap bank that might lead to genuine reductions in the amount of carbon dioxide greenhouse gas entering the atmosphere and so provide a mechanism for reducing climate change. Details of the carbon swap bank are outlined in the journal Interdisciplinary Environmental…

Mitsubishi Heavy Industries, Ltd. (MHI) has signed a license agreement for carbon dioxide recovery technology with National Fertilizers Limited (NFL), a state fertilizer company in India.



NFL will use the technology to increase urea production at its existing Vijaipur Plant in Guna District, Madhya Pradesh State. The recovery units can capture 450 metric tons of CO2 per day, one of the world's largest capacities. The CO2 recovery plant is scheduled for completion in June…

Standard Bank Group is to help replace kerosene lamps with hand-held LED lights in 1.5-million homes in Tanzania, funding the scheme by buying the carbon credits generated through the large scale replacement of fossil fuel lighting.



This and a number of other projects in East Africa, particularly in Uganda and Kenya, are expected to position Standard Bank Group (SBG) as a leader in the development and execution of Clean Development Mechanism (CDM) initiatives in Africa, which…

ANY legislation which follows today’s Climate Change Bill must give credit to Ireland’s pasture and forestry, and not exceed EU carbon emission obligations, said the IFA.



IFA president John Bryan outlined the economic pressures already being experienced by Irish farmers in a meeting yesterday with Minister for the Environment John Gormley and Minister of State Ciaran Cuffe. Among other points, Mr Bryan stressed that the Climate Change legislation should not hinder the food…

Stanbic Bank Tanzania Limited has launched a scheme to help replace kerosene lamps with hand-held LED lights in 1.5 million homes in Tanzania.



Speaking…

Denmark Gives Away $7B USD, or 2% of GDP to Carbon Credit Traders



The Danish tax authority has been robbed blind by a carbon trading scandal that has rocked the market for carbon off sets: while the story saw some press a year ago, significantly higher losses have since been reported and the MSM has ignored the…

Italy stands to waste € 2.2 billion on foreign carbon credits between 2008 and 2012, according to a new report from the emissions trading NGO, Sandbag.

The government’s attempts to shield Italian companies from reducing their emissions in the EU Emissions Trading Scheme (ETS) will mean € 1.7 billion in…

India, has however, broken the ice, openly agreeing in a meeting in Cancun that it would consider the binding treaty. India's Environment Minister, Jairam Ramesh, has, shifted from his country’s earlier stand that India was ready to look at a binding deal at an appropriate time, and GBA appreciates India’s stand. He was speaking in a meeting in Cancun to discuss how to reduce greenhouse gas emissions that is causing heavy damage to the global climate and GBA has appreciated the move by…

A handful of Chinese and Indian chemicals companies seemingly have the world over a barrel – or rather a large number of barrels of a super-greenhouse gas called HFC-23, which is 14,800 times more potent than carbon dioxide.



This week, apparently following Chinese threats to vent stockpiles of HFC-23 into the…