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  • September 17, 2014
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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. ...

  2. Business - LAI SEE

    Old school politician Macfarlane tells it like it is on carbon tax

    Posted Jul 01st 2014, 04:05am by Howard Winn

    ... the current coalition government is intent on repealing the carbon and resources taxes, we wondered if the genie hadn't been let out of the bottle and that for potential investors an element ... that the government intended to change the investment environment for the mining sector. In addition to tackling the carbon and resources taxes, the government had started to tackle red and green tape, which ...

  3. News - China - ENVIRONMENT

    EU urges China to roll out carbon trading nationwide ahead of 2020 target

    Posted May 28th 2014, 05:01am by Li Jing

    ... the issuing of carbon credits. If a company's emissions go over the limit, they are required to buy more carbon credits to cover the excess discharge. At the same time, a company that becomes more energy-efficient and reduces its carbon footprint can sell carbon credits to help finance investment. Senior officials have previously said a nationwide roll-out of the carbon market would ...

  4. 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 ...

  5. 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 ...

  6. Mainland dams accused of carbon credit scams

    Posted Apr 07th 2010, 12:00am by 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 on the mainland. ... 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 the Chinese ...

  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 ...

  8. 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 ...

  9. 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 ...

  10. 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, ...




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