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  1. 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 ...

  2. Carbon scheme pushed for credit cards

    Posted Mar 23rd 2007, 12:00am by Staff Reporter

    ... Cheung Chi-fai Credit card issuers in Hong Kong are being urged to join a scheme under which the 'carbon footprint' of purchases is shown on customers' statements. ... products or services with low carbon footprints. Ms Tennant, who helped develop the idea, said the carbon-credit card could create a better link between a person's life and climate change, ...

  3. 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 ...

  4. Beijing considers EU-style carbon trading

    Posted Aug 01st 2007, 12:00am by Tom Miller

    ... and electricity at a realistic level encourages waste. Analysts said a cap-and-trade system, whereby enterprises buy and sell carbon credits to meet mandatory individual emissions quotas, was a long way ... Tom Miller in Beijing The mainland may set carbon emissions quotas and establish a carbon-trading exchange based on Europe's cap-and-trade system under plans to use financial ...

  5. Guangdong waste firm is pioneer in carbon trading

    Posted Feb 07th 2007, 12:00am by Staff Reporter

    ... to put international carbon credit buyers in contact with mainland sellers to help cut the country's carbon emissions. Carbon emissions trading is in its infancy in Guangdong and the deal ... a carbon exchange centre in Beijing to link international credit buyers with domestic environmental projects and set up a network of centres around the country to help regional areas generate ...

  6. Mainland exchange to trade pollution credits

    Posted Nov 22nd 2007, 12:00am by Martin Zhou

    ... assets, in this case pollution credits. An exchange for trading pollution credits would make the market for them more transparent, allowing mainland companies to get a better price- and a higher profit- for their credits, the idea being that this would encourage them to invest more to reduce pollution so they have more credits to sell. Polluters are allotted credits, or rights to pollute, ...

  7. Your impact on the planet

    Posted Mar 26th 2007, 12:00am by Staff Reporter

    ... Should a system be implemented in Hong Kong where the 'carbon footprint' of purchases is shown on customers' credit card statements? Tell us your views. Write to us ...

  8. Carbon scheme seen as tough sell for HK

    Posted Dec 13th 2007, 12:00am by Enoch Yiu

    ... futures contract have been given the thumbs-up by the carbon credit industry, but experts say established competitors and uncertainty on what role mainland companies may play leaves the exchange ... years. Most of the carbon credit activity in the mainland is Europe-driven, with European buyers coming to Asia to buy credits and then trade them on continental exchanges. 'Most ...

  9. Carbon banking innovator striving for a better world

    Posted Nov 15th 2007, 12:00am by Tim Metcalfe

    ... and offer innovative solutions that help produce low-cost abatement opportunities across the globe'. Fortis is also co-sponsor of the European Carbon Fund, which invests in carbon credits ... pioneering environmental initiatives, Fortis is a global leader in the market of 'carbon banking', and was earlier this year named financial services provider to a United Nations ...

  10. A market for greenhouse gases

    Posted Jul 02nd 2007, 12:00am by Staff Reporter

    ... Cameron Dueck A carbon credit is a licence to emit one tonne of greenhouse gases into the atmosphere. These tradable credits are produced by firms in developed nations that pollute less than their quotas as defined under the Kyoto Protocol, or by companies in developing nations that voluntarily reduce emissions and sell the resulting 'credit' to buyers in developed ...




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