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  • April 19, 2014
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Results 1 - 10 of 28478 for carbon credit

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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. News - Asia - NEW ZEALAND

    New Zealand tribal group threatens multi-million-dollar claim over carbon scheme

    Posted Feb 07th 2014, 04:26pm by Reuters in Wellington

    ... emissions, but access to overseas carbon credits meant New Zealand Units (NZUs) tanked when cheap credits from China and Russia flooded the market after the financial crisis. NZUs that traded ... groups. Power generators, industrials and the transport sector are meeting their carbon targets using Eastern European credits changing hands at around 30 NZ cents, leaving little or no need ...

  3. News - China

    Hubei plans province’s first carbon auction next month

    Posted Feb 11th 2014, 09:42pm by Reuters

    ... the schemes ineffective in cutting emissions. Hubei’s draft rules also specified that companies can use offset credits from carbon-cutting projects to cover for up to 10 per cent of their emissions, ... Reuters in Beijing Government to hand out 90 per cent, or 270 million, permits to emitters for free Hubei province will auction up to two million carbon permits at a government-set minimum ...

  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. News - World

    Frenchman convicted of carbon-trading fraud goes on the run

    Posted Dec 16th 2013, 04:44am by AFP

    ... in June for buying untaxed carbon credits abroad and adding on value-added tax when he traded them in France. The tax was never declared. A French court ordered Keslassy's release from prison ... Carbon trading provides financial incentives as a way of reducing the emission of carbon dioxide. Companies that exceed their agreed carbon limits can buy up unused emissions, or credits, from ...

  6. 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 ...

  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. 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 ...

  10. 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 ...




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