Carbon Offsets Daily

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Brazil wants CO2 cuts based on historic emissions

BRASILIA (Reuters) – Brazil wants historic emissions to be the basis for greenhouse gas pollution targets, slated for discussion during December climate talks in Copenhagen, Brazil’s top climate negotiator said in an interview.

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Seeing REDD in the Amazon

| Sourced From Economist.com |

Saving rainforests needs both property rights and payments

FORESTS lock up a lot of carbon. Cutting them down accounts for around 20% of the worlds emissions of greenhouse gases. On paper, halting deforestation should be the simplest way to cut emissions. Achieving a similar reduction by building wind turbines or nuclear-power stations, or by mandating more fuel-efficient cars and buildings, would take years and cost billions. In practice, however, halting deforestation is hard: much of the worlds rainforest has already succumbed to loggers and farmers. That is because it is difficult to align the interests of people who live in forests (now 20m in the Brazilian Amazon) with those of the rest of humanity.

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New Brazilian Thermal-Electric Plant to Use Carbon Capture Technology

| Sourced From BrazzilMag.com |

As announced by the Brazilian Development Bank (BNDES) on Thursday, May 21, the project for construction of the Pecém Port thermal-electric power plant, in the city of São Gonçalo do Amarante, Ceará, in the Brazilian Northeast, was granted financing of 1.4 billion Brazilian reais (US$ 690 million) by the BNDES.

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Carbon project brings sustainable hope to remote tract of Amazon

JUMA RESERVE, Brazil (AFP) Juma Reserve, in the heart of Brazil’s vast Amazon forest, stands as an example of the perils weighing on the world’s largest tropical woodland.

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Brazil tests carbon reduction in Amazon forest

In the Juma forest reserve deep in Brazil’s Amazon, conservationists will receive money from a Brazilian bank and a global hotel chain to protect trees and combat global warming.

The project is seen as a test case watched by other potential donors, mostly in rich countries, who want to help preserve tropical forests as a way to reduce their carbon footprints but have doubts about accountability and measuring success.

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Brazilian Landfill CERs to Be Auctioned Online on Sept 25

So its time again to get involved in another carbon credits auction. And this time its coming from South America, Brazil to be precise. On Sept 25, BM&FBOVESPA is going to sell out over 700,000 CERs through its second aution. The credits come from two landfill projects, around 450,000 from the Bandeirantes one and another 260,000 from the Sao Joao landfill.

 Brazilian Online Auction of CERs

The auction is to take place through BMFs website early in the morning (8:30 Brasilia Time). Just one day prior to the auction date, the website will publish the minimum bid amount. Prospective bidders will have to pledge a sum of 400,000 euro at least 5 business days before the auction is held.

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