A United Nations panel recommendation this week to change carbon credits calculating methodology for hydroflourocarbons (HFCs) can result in India losing half of its credits valid till 2012. Read more…
Make no bones about it: the basic trajectory of the LCDS is to generate carbon credits/offsets, derived from the avoided deforestation of Guyana’s forests, for commercial sale on global carbon trading markets. Read more…
The fast-track growth of the global carbon trading market, which grew at a compound annual growth rate of 89 percent from 2005 to 2009, has also resulted in several carbon trading scams over the past year in the UK, Norway, Belgium, the Netherlands, and now Germany as European countries put more policing efforts in place. Read more…
International climate-change officials have raised questions about the economics behind about two dozen Chinese wind-power projects, underscoring the complications involved in putting a price tag on global-warming emissions ahead of a new round of environmental talks in Copenhagen. Read more…
The United Nations should award carbon credits to countries for not cutting down trees in a new climate treaty being negotiated, Australia said. Read more…
The size of the global carbon market will fall 32 per cent in 2009 to €62.6bn (£55.7bn) as the economic recession continues to dampen demand for carbon credits. Read more…
The price of permits to emit carbon dioxide CFI2Z9 in the European Union hit a record low on Monday for the second trading period of the bloc’s emissions trading scheme from 2008-12. Read more…
The immaturity of one of the UN’s flagship carbon trading scheme was underlined yesterday after Russia was suspended from trading carbon credits as a result of unpaid fees. Read more…
The main U.S. market for greenhouse gas credits will soon impose new rules designed to bolster the credibility of the carbon credits it sells. Read more…