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  1. 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 ...

  2. 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 ...

  3. Air China leads charge at EU carbon scheme

    Posted Sep 28th 2011, 12:00am

    ... to buy credits from EU governments and international credit markets to cover the remainder of their carbon footprint. But by 2013 just 1.5 per cent of those credits will be allowed to be bought ... guys'. The airline industry claims to be the only sector already committed to aggressive carbon reduction targets by improving fuel efficiency by 1.5 per cent annually through to 2020, capping ...

  4. Cathay slams 'bizarre' carbon caps

    Posted Aug 04th 2011, 12:00am

    ... The EU's emissions trading system, slated to start in 2012, requires carriers to buy carbon credits- now costing about Euro16 (HK$117 a tonne)- if they fail to meet a new emissions cap, set at 97 per cent of average annual emissions between 2004 and 2006. The EU will not only seek to gradually tighten the emissions cap, it wants to require the amount of chargeable carbon credits ...

  5. Lifestyle - Technology - SCIENCE FOCUS

    Should some of China's carbon emissions be attributed to Hong Kong?

    Posted Nov 18th 2012, 12:00am by PATRICK LUI

    ... pledge, China has taken, and will continue to take, numerous effective measures to reduce CO 2 emissions. To Hong Kong's credit, its government in 2010 aligned its carbon-intensity reduction ... Patrick Lui Climate-change scientists factor in trade as they seek equitable attribution of carbon dioxide emissions If they're our factories, is it our pollution too? Should Hong ...

  6. 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 ...

  7. Cathay Pacific boss warns on E.U. carbon tax

    Posted Jun 07th 2011, 12:00am

    ... this cap-and-trade scheme, airlines have to buy carbon credits from other companies that do not use all their allocation. The EU has assigned airlines 213 million tonnes of carbon emissions, forcing carriers ... on carbon dioxide emissions outside Europe. John Slosar, the airline's chief executive, said the trading scheme would cover emissions on the entire flight by a passenger aircraft and not just ...

  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. Subsidies offered to cut emissions

    Posted Mar 22nd 2012, 12:00am

    ... Adrian Wan adrian.wan@scmp.com Some 200 companies will receive a subsidy of up to HK$30,000 to conduct carbon audits under a government scheme to encourage businesses to reduce carbon emissions. The Carbon Smart programme, run by the Environment and Conservation Fund, has a budget of around HK$6 million and aims to 'create synergy between businesses and the environmental ...

  10. Business - Commodities

    Carbon is commodity of future, says man behind Kyoto accord

    Posted Jun 29th 2008, 12:00am by Peter Kammerer

    ... Peter Kammerer The architect of the Kyoto Protocol on climate change believes that carbon-emissions trading will remain a central part of the accord that replaces the pact in 2012. Maurice Strong, now an adviser to the central government on environmental issues, said during a two-day visit to Hong Kong that ended yesterday that carbon was becoming too big a commodity to ignore. ...




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