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  1. 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 ...

  2. Policy of high carbon trading price defended by officials

    Posted Oct 28th 2006, 12:00am by Shi Jiangtao

    ... supplier of carbon credits in the Clean Development Mechanism (CDM) market under the Kyoto Protocol, was in line with the international emissions-cutting treaty and in the interests of a stable ... China's carbon credit prices, averaging US$10 a tonne, were set at a level sufficient to support the country's drive towards sustainable development. 'There should be adequate room ...

  3. Clearing up emissions trading

    Posted Aug 06th 2006, 12:00am by Norma Connolly

    ... this? Currently, the only mandatory emissions trading scheme is run by the European Union, which issues permits to polluting companies. Britain and California signed a carbon trading deal last ... a mandatory cap on the quantity of greenhouse gases, such as carbon dioxide, that can be emitted by the 31 industrial countries to have ratified the treaty among the 164 that are signatories. The 31 ...

  4. How you can reduce CO2 levels

    Posted Jun 22nd 2006, 12:00am by Staff Reporter

    ... warming by absorbing carbon dioxide and producing oxygen. Some organisations will plant trees on your behalf. Buy carbon credits A carbon credit is registered by any activity which keeps 1 tonne ... Rickin Majithia Daily human activities increase atmospheric carbon dioxide levels and are feared to speed up the rate of global warming. The average family produces 3 tonnes of CO2 a year, ...

  5. HSBC, Cathay going clean and green

    Posted Nov 25th 2006, 12:00am by Staff Reporter

    ... gas emissions- and carbon trading. Among companies that have chosen to reduce and offset their contribution to global warming through voluntary carbon credit programmes are HSBC and Cathay Pacific Airways. As these companies are not subject to Kyoto Protocol emission caps- Hong Kong comes under China's status as a developing country- they can buy carbon credits in parallel ...

  6. HKEx eyes climate derivatives

    Posted Nov 29th 2006, 12:00am by Enoch Yiu

    ... member countries to meet the Kyoto commitments. Companies that adopt policies to reduce pollution or carbon emission output earn credits or allowances that can be traded in a climate exchange ... of development as international trading of carbon emission credits and futures products is growing,' Ms Loh said. 'HKEx should be more proactive in catching up with this worldwide trend ...

  7. Dirty job of clearing waste grows green money

    Posted Nov 25th 2006, 12:00am by Staff Reporter

    ... a gas-to-energy project that receives carbon credits under a United Nations programme that brings new technology and cash to developing countries by cleaning up their industries. 'It prevents the gas ... and funding and selling the carbon credits to European buyers, creating extra income for their companies. The Clean Development Mechanism (CDM) is a programme under the Kyoto Protocol that allows ...

  8. Fighting on the home front

    Posted Dec 26th 2006, 12:00am by Gwynne Dyer

    ... carbon dioxide emissions- filling their car, paying their utility bills, buying an airline ticket- carbon points are deducted from their credit or debit cards. They're like frequent-flier ... pay for it. The frugal and the poor can sell their unused credits back into the system- and every year or so, as the average carbon efficiency improves, the size of the free personal carbon ...

  9. Emissions-trading event for Beijing

    Posted Sep 23rd 2006, 12:00am by Josephine Ma

    ... Josephine Ma in Beijing Carbon Expo Asia highlights mainland's prominence in greenhouse gas market An emissions-trading event will be held for the first time in Beijing next month in a bold attempt to attract a large number of buyers of carbon credits from developed countries. It is hoped the first Carbon Expo Asia will help promote carbon credits, developed under the Kyoto ...

  10. China poised to become world's top shipbuilder

    Posted Jul 21st 2006, 12:00am by Jamil Anderlini

    ... in five years, up from 5 per cent now, Mr Madsen said. In addition to classifying ships, DNV provides certification in various sectors, including carbon credit licensing under the Kyoto Protocol ... power plant- can apply for certified carbon credits which they then sell on international exchanges or directly to polluting firms in other countries. Mr Madsen said DNV, which is approved ...




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