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Africa May Become Next Big Carbon Market

August 27th, 2010

Africa may be the next major market for carbon-reduction ventures amid investigations into Chinese certification and as the European Union imposes new regulations, the International Emissions Trading Association said. Read more…

Admin Emissions Trading, Policies/Regulation, Research, Trading

UK to launch reverse VAT charges for CO2 trading

August 27th, 2010

Britain’s tax authority will introduce reverse value-added tax (VAT) charges relating to carbon emissions trading from November 1, replacing a zero tax rate implemented last year to prevent fraud. Read more…

Admin Emissions Trading, Europe, Markets, Policies/Regulation

The CRC Energy Efficiency Scheme

August 27th, 2010

The CRC Energy Efficiency Scheme (CRC) is a mandatory cap-and-trade scheme that aims to improve energy efficiency and reduce the amount of carbon dioxide emitted by qualifying UK businesses and public sector bodies. Unlike other emissions trading schemes, including the EU ETS, the CRC targets organisations rather than sites or installations. Read more…

Admin Emissions Trading, Europe, Markets, Projects

The ‘Emissions Power’ Is a Myth

August 27th, 2010

Despite China’s total carbon emission, which shows China is a major CO2 emitter, its per-capita emissions in 2007 were only 4.6 tons, less than 25 percent of the United States and only half of the EU. Read more…

Admin Carbon Economy, Emissions Trading, Global, Markets

Carbon emissions reporting to take higher priority in travel

August 27th, 2010

The changing face of climate policy in China is bringing improvements to business travel management, with more local companies seeking to contribute to carbon emission offset programs, according to FCm Travel Solutions Greater China. Read more…

Admin Carbon Offset, Climate change

EU’s carbon offset limits: a boon for brokers?

August 27th, 2010

New European Union proposals to limit the use of industrial gas carbon offsets in its emissions trading scheme from 2013 could be a boon for reeling carbon brokers as exchanges wait for clarity before they alter their offerings. Read more…

Admin Brokers, Carbon Offset, Emissions Trading

Department of Energy and Climate Change reveals £34m cuts to low-carbon tech programme

July 16th, 2010

Details of £34m of cuts on low-carbon technology were published by the Department of Energy and Climate Change (DECC) today as part of £6.2bn savings across Whitehall. Read more…

Admin Climate change, Technology

Carbon capture? Not in my yard

July 16th, 2010

In May I was flown to Pittsburgh, birthplace of America’s coal industry, to attend the annual conference of the Global Carbon Capture and Storage Institute. A mistake all round, probably. Read more…

Admin Research

Biofuels account for 3.3% of UK’s road transport fuel

July 16th, 2010

Energy companies supplied 1.6 billion litres of biofuels in the second year of the Renewable Transport Fuel Obligation (RTFO), accounting for 3.3% of the UK’s total road transport fuel, according to provisional figures released by the Renewable Fuels Agency (RFA) today (July 15). Read more…

Admin Markets, Research

Reduce carbon by making it dear, energy economist argues

July 16th, 2010

In the absence of decisive intervention from governments, fossil fuels will remain the dominant energy source for the next 25 years to 30 years, despite strong growth in renewable-energy production and despite the build up of climate-changing carbon dioxide (C02) in the atmosphere, a leading US energy economist and author argues. Read more…

Admin Carbon Economy, Climate change