Carbon Offsets Daily

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  • Published: Feb 22nd, 2009
  • Category: Asia
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Carbon capture project delayed

| Sourced From The National |

A decision on whether to proceed with a landmark hydrogen power and carbon capture project in Abu Dhabi has been postponed to late next year, a delay of about 18 months.

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UAE tops world on per capita carbon footprint

Dubai: UAE residents are still consuming more natural resources than anybody else on earth, ahead of the United States and Kuwait, according to the WWF Living Planet 2008 report which came out on Thursday and is based on statistics gathered in 2005.
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  • Published: Oct 31st, 2008
  • Category: Asia
  • Comments: None

UAE Govts Initiatives for Zero

ABU DHABI – All the countries should look at zero carbon programme, green building construction and sustainable development to be ready for any climate change, stated Dr Elizabeth Ness, an environmentalist and sustainable development expert.
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SCC Raises $280 M to Fund Over 40 Carbon Offset Projects

Reuters today revealed through an undisclosed source that the British firm Sindicatum Carbon Capital (SCC) has been successful in raising $280 million to support carbon offset projects on a global scale. Dubai-based Istithmar contributed around 25% of the fund whereas most of the remaining came from US endowment funds and pension funds.

Carbon Offsets Projects Get Funds

SCC previously tried to raise around $300 million in the first quarter of 2008 but the efforts werent really successful due to a declining economy. The current deal, however, is a new sign of hope for the global carbon offsets market.

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