Carbon Offsets Daily

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Shell Signs Up to Join Australias Global Carbon Capture Body

| Sourced From Bloomberg |

Royal Dutch Shell Plc, Europes biggest oil company, will become a founding member of Australias A$100 million ($64 million) carbon capture and storage institute aimed at speeding low-emissions power output.
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Scientists say soil carbon valuable

| Sourced From Stock Journal – Farm Online |

Last weeks message from high-profile scientists Dr Jeff Baldock and Professor Peter Grace was clear: soil carbon is intrinsically valuable, but on current understanding it seems unlikely to yield a meaningful return to farmers in a carbon trading scheme.
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Stern urges switch to low carbon economy during downturn

| 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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  • Published: Nov 26th, 2008
  • Category: UK
  • Comments: None

UK SMEs lead the race for carbon pound

| Sourced From Inthenews |

Making up 99 per cent of all UK businesses, small to medium sized enterprises (SMEs) are the driving force behind Britain’s economy. Against the backdrop of the current economic downturn, a new report suggests that SMEs should harness their powers of innovation for increased opportunities moving forward.
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Credit Suisse to close New York carbon desk-sources

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.

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  • Author:
  • Published: Nov 26th, 2008
  • Category: Asia
  • Comments: None

Pakistan: MoE, UNIDO sign project for capacity building on CDM

| Sourced From Daily Mail |

ISLAMABADMinistry of Environment and United Nations Industrial Development Organization (UNIDO) on Tuesday inked a project for Institutional Capacity Enhancement for Clean Development Mechanism (CDM) in Pakistan.
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  • Published: Nov 26th, 2008
  • Category: India
  • Comments: None

Acciona’s Indian Wind Farms Certified As CDM Projects

| Sourced From iStockAnalyst |

Acciona has announced that the Clean Development Mechanism of the United Nations Framework Convention on Climate Change, has agreed to register two wind farms owned by the company in India as clean development mechanism projects.
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Big business faces $5bn carbon bill

| 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 or 42 per cent of Australia’s emissions.
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Clear Standards Bags $4M for Carbon Management

| 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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Business urged to come clean on carbon cuts

| Sourced From ABC News |

The Climate Institute is calling on the business community to reveal its position on Australia’s carbon pollution reduction targets. Campaigners say business leaders should announce how much they think Australia should reduce its carbon emissions by 2020.
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Ex-Merrill Lynch Manager Launches Carbon Hedge Fund

| 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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Consultancies created to take advantage of low carbon economy

YORKSHIRE is taking several steps forward in becoming world’s leading centre of excellence for carbon reducing technology with the launch of two new specialist consultancies.
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Carbon market should encourage tree planting, ICRAF study says

| Sourced From Africa Science News |

Nairobi-based World Agroforestry Centre,ICRAF says that allowing farmers to sell that carbon on global carbon markets could reduce greenhouse gas emissions as quickly and effectively as possible, as well as generate as much as US10 billion each year for poor people in rural areas.
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Frontier forest science for carbon solutions

| 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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  • Published: Nov 25th, 2008
  • Category: Asia
  • Comments: None

Macquarie Group and First Climate form strategic cooperation to further develop CDM opportunities in China

| Sourced From Environmental Expert |

Macquarie Group, a global provider of banking, financial, advisory, investment and funds management services, and First Climate AG, a fully integrated carbon asset management company, today announced a broad strategic cooperation designed to strengthen and expand their respective pipelines of emission reduction projects in China. First Climates current pipeline of projects in China includes the whole range of emission reduction projects, such as wind, hydro, industrial gases and waste heat projects.
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  • Published: Nov 25th, 2008
  • Category: Asia
  • Comments: 1

Bangladesh: First CDM Project Goes into Operation

| Sourced From Energy Bangla |

Country’s first carbon project goes into operation Tuesday with the objective of reducing emission of 89,000 tonnes of green house gas (GHG) under the Clean Development Mechanism (CDM) in next couple of years.
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Recovery seen for 2009, but no floor for 2008 yet

| 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 IdeaCarbon as a floor. Read the rest of this entry »

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Interview: Justin Brown, CEO of FGX, on cutting shipping emissions by 30%

FGX Ship greener. Ship direct.

Q. Hi Justin, and welcome to Carbon Offsets Daily. The recent news about First Global Express cutting emissions by 30% is significant for business decision makers who are exploring ways to address their carbon footprints. Can you explain how you do it?

A. Well, we have been able to achieve this benchmark by reorganizing the common business model used in the shipping industry. Big shipping companies use a model known as

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Best of the carbon offset projects

| 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 list are links to organizations that sell the offsets for each project, so you can purchase them.
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Rudd reveals carbon capture plans

| 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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Australia: Govt fails to reveal carbon footprint figures, Oppn says

| Sourced From ABC News |

The Queensland Opposition says the State Government has not come through on its promise to provide a clear picture of its carbon footprint. Government departments and agencies were required to report on greenhouse gas emissions in their annual reports this year.
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ASX firms more carbon clear

| Sourced From Financial Standard |

VicSuper’s carbon report card found the number of Australian listed companies publicly and adequately detailing their carbon footprint rose five per cent to 30 per cent in a year.
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Governments, Companies Must Hasten Carbon Capture, IEA Says

| 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

| 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

| 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 by 2020.
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