Clean Development Mechanism

Some words of wisdom from old China hand Tim Clissold

Illustration: Lau Ka-kuen

Tim Clissold has more than 20 years’ experience doing business on the mainland. In fact, he wrote a book about it, Mr China, which became a must-read for wannabe foreign investors in the country.

Saturday, 29 September, 2012, 4:09am

Debt woes threaten global climate talks

Global talks starting later this month to iron out a new regime to succeed the Kyoto Protocol greenhouse gas emission reduction agreement will unlikely yield a binding consensus.

7 Nov 2011 - 12:00am

EU set to ban purchase of carbon credits

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 by the destruction of certain greenhouse gases.

29 Nov 2010 - 12:00am

Cloud over climate-change mechanism needs lifting

While negotiations for a new accord to combat global warming remain stalled by conflict between developed and developing nations, it is important to maintain the credibility of the current carbon emissions regime. A more ambitious version may, after all, form part of future international action.

17 Oct 2010 - 12:00am

How China's wind farms have blown a hole in emission cuts

Hot news! Yesterday the World Bank reported that cuts to developing world greenhouse gas emissions funded by rich countries under the Kyoto Protocol's Clean Development Mechanism (or CDM) fell by half last year compared with 2008.

The finger was pointed at the economic slump, which got the blame for eating into investment in clean energy projects.

27 May 2010 - 12:00am

Mainland allows HK firms to run green projects

Hong Kong companies will receive conditional access to massive carbon-reduction markets across the border after mainland authorities eased the eligibility rules.

The change came about after the National Development and Reform Commission 'reinterpreted' the rules recently, Secretary for the Environment Edward Yau Tang-wah said.

8 Apr 2009 - 12:00am

New emissions trade scheme to help HK fulfil Kyoto obligations

Hong Kong has launched a new form of international emissions trading that will help the city fulfil its obligations under the Kyoto Protocol, which is aimed at curbing greenhouse gas emissions.

7 Jun 2008 - 12:00am

Carbon loading

Fierce winter cold and snow used to be the primary weather risks facing the 5.7 million residents of Hokkaido in northern Japan. That changed last year. The snow that arrived in December, some Sapporo citizens said, was different - the falls were lighter and sporadic, and interrupted by occasional showers.

18 Jan 2008 - 12:00am

Leadership needed for meaningful climate pact

Global warming is, as the term implies, a problem that the world as a whole faces, yet Asia has had a disjointed, often casual, approach to tackling it. The agreement signed at the East Asia Summit yesterday changes that, committing the region to taking a common path to cutting emissions of the pollutants that are causing climate change.

22 Nov 2007 - 12:00am

Calculation disputes likely to limit nation's methane reserves tapping

Disputes over the accurate calculation of methane emissions could jeopardise the exploitation by the mainland of its massive coal-bed methane reserves, according to an expert in the field of carbon credit trading.

12 Nov 2007 - 12:00am

A market for greenhouse gases

A carbon credit is a licence to emit one tonne of greenhouse gases into the atmosphere.

2 Jul 2007 - 12:00am

A CLOUD LIFTED?

Q Which power stations will be eligible?

A All those in Hong Kong and Guangdong burning coal, oil or natural gas, and which have at least one 100-megawatt turbine. Emission reductions achieved before January 1, 2006, will not earn emission credit

Q Who decides the pollution quota for a power station?

A The Hong Kong and Guangdong governments

31 Jan 2007 - 12:00am

Hong Kong as a centre for carbon trading

Climate change is a fact today: extreme weather conditions - especially rain and storm - destroy houses and properties worldwide.

The costs of these disasters is tremendous.

For this reason, strategies for the reduction of greenhouse gases (especially CO2) have been set up on an international level ('China's deal on Kyoto to include HK,' May 29).

6 Jun 2003 - 12:00am