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  1. Business - Commodities - Carbon Trading

    China's national carbon credit exchange likely delayed to 2016-2020

    Posted Jun 14th 2013, 02:44am by Eric Ng

    ... emission costs to be easily passed on to end users - meant it should adopt flexible emission caps. This would allow it to avoid what happened in Europe: carbon credit  prices plunged  when ... delayed three years The mainland will not be in a position to form a national exchange to trade carbon emission rights until after 2015, according to an  official of one of seven pilot exchanges. ...

    http://www.scmp.com/business/commodities/article/1260392/chinas-national-carbon-credit-exchange-likely-delayed-2016-2020
  2. Carbon credits run aground on UN bureaucracy

    Posted Apr 05th 2011, 12:00am

    ... Mechanism, which allows countries to earn carbon credits through cutting emissions. These credits can then be sold to other countries or companies to help them meet emission reduction targets. ... is a persistent problem globally, according to sector players, who say the much-touted carbon credit scheme is less of a godsend than is fashionable to admit right now. 'Globally, the verification ...

    http://www.scmp.com/article/964173/carbon-credits-run-aground-un-bureaucracy
  3. Mainland dams accused of carbon credit scams

    Posted Apr 07th 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih Environmental lobby group International Rivers has condemned the emergence of trade in fake carbon credits and says the biggest source is hydroelectric power projects ... the large number of supposedly new projects applying to generate CDM credits. The CDM recently withheld approval of carbon credits from numerous mainland dams and wind farms. Controversy over ...

    http://www.scmp.com/article/710702/mainland-dams-accused-carbon-credit-scams
  4. Buying carbon credits

    Posted Jul 13th 2010, 12:00am by Staff Reporter

    ... month produces one tonne of carbon monoxide. I buy carbon credits for one tonne. The company that sells these credits invests my money in a wind turbine that creates clean electricity. Or it plants trees, which absorb carbon dioxide and make the air cleaner. The one tonne of carbon dioxide I have produced means I have contributed to global warming. But buying carbon credits helps me ...

    http://www.scmp.com/article/719541/buying-carbon-credits
  5. Cathay Pacific launches carbon credits scheme for passengers

    Posted Dec 20th 2007, 12:00am by Staff Reporter

    ... Cathay Pacific Airways yesterday became the first Asian airline to allow passengers to voluntarily buy carbon credits to offset the greenhouse gasses released by their air travel. Cathay in March first announced plans to create a carbon offset programme for its 20 million passengers per year and in January the airline began to buy credits to offset all the carbon emissions from ...

    http://www.scmp.com/article/620199/cathay-pacific-launches-carbon-credits-scheme-passengers
  6. UN probes claims firms are faking carbon credits

    Posted Oct 10th 2010, 12:00am by Eric Ng

    ... of the manufacturing process. Destruction of this gas creates 'credits' that can be traded on a multibillion-dollar global market. Carbon-market watchers say the plant is an example of how a system ... is overwhelming that manufacturers are creating excess [industrial gas] simply to destroy it and earn carbon credits,' says Mark Roberts, senior counsel and policy adviser in Washington ...

    http://www.scmp.com/article/727040/un-probes-claims-firms-are-faking-carbon-credits
  7. EU set to ban purchase of carbon credits

    Posted Nov 29th 2010, 12:00am by Eric Ng

    ... Eric Ng In a move that could upend the current global carbon-trading system, the European Commission proposes banning companies in the European Union from buying credits generated ... on China to agree to reduce its own carbon emissions. China is the world's biggest emitter of greenhouse gases and the biggest supplier of so-called Certified Emission Reductions credits ...

    http://www.scmp.com/article/731972/eu-set-ban-purchase-carbon-credits
  8. Mainland to cash in on carbon credits

    Posted Nov 14th 2005, 12:00am by Jamil Anderlini

    ... greenhouse gases can buy 'carbon credits' from companies that reduce emissions in other countries or regions. Beijing has set a goal to capture at least half of that market. ... the mechanism, and if China can implement enough projects that cut emissions, it could supply half that amount. Beijing has set a minimum price of US$7 a tonne but carbon credits are trading above ...

    http://www.scmp.com/node/524901
  9. China to pace trade in carbon credits

    Posted May 23rd 2006, 12:00am by Eric Ng

    ... carbon credits that they can then sell to polluters faced with mandatory emission-reduction targets in other countries. Often it is far cheaper to achieve a given amount of pollution reduction ... pollutants and the cost of achieving the next level of pollution reduction would be far higher, said Thorsten Ansorg, managing director of Noble Carbon Credits, a unit of energy, agriculture ...

    http://www.scmp.com/article/549953/china-pace-trade-carbon-credits
  10. British carbon swap supports wind farm plan

    Posted Sep 11th 2007, 12:00am by Staff Reporter

    ... of their emissions by buying carbon credits. It is often cheaper to buy them from developing countries than pay for reductions at home. The deal comes on the heels of President Hu's comments at the Apec ... and hydroelectric power capacity. China Guodian aims to build up its wind power capacity to 100MW by the end of 2010. Earning power The number of mainland projects registered to sell carbon credits under ...

    http://www.scmp.com/article/607523/british-carbon-swap-supports-wind-farm-plan

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