Monday, December 15, 2008

Carbon Trading Social Portal

Wednesday, December 10, 2008

Carbon Offset Warning From International Team Of Scientists

ScienceDaily (2008-01-11) -- Leading marine scientists from across the world have issued a warning that it is too early to sell carbon offsets from ocean iron fertilization. Despite the scientific uncertainties, private companies are currently planning larger-scale iron releases to generate the sale of carbon credits.

Read Article Here

Sunday, December 7, 2008

26 million hectares of agricultural land could become attractive for forestry

ABARE report suggests that the higher the value of carbon, the more attractive forestry becomes over agricultural activities.

ABARE suggested that most of the land suitable for afforestation lay in NSW and Queensland, “due to the large areas of available land, and highly productive grazing land located within these regions”.

View article online

Thursday, December 4, 2008

Global carbon market worth about $50 billion

An increase of 41 percent over the figure for the same period in 2007 based on about 20 Euro per ton average global carbon market price.

This information was published by the International Emissions Trading Association (IETA)

View Full Article Here

Sunday, November 30, 2008

Stinking Rich

A small pig farm based in Philippines, Daniel Co,used to shovel the pig waste from his 10,000 animals into ponds on his Uni-Rich Agro Industrial farm. The manure generated thousands of tons of methane, a global warming gas, but he did not want to spend £110,000 on kit to trap the gas.

Then EcoSecurities, a British carbon trading firm, worked out that anything that captured the methane would entitle the farmer annually to nearly 3,000 “certified emission reductions” – the nearest thing to a carbon trading currency.

EcoSecurities did the paperwork for Co and gave him just over £2 per certificate. He put in the methane-capture kit, generating power and saving about £24,000 a year in utility bills. EcoSecurities sells the CERs for about £10 each to a French bank, which sells them on to power plants that need to offset emissions. The consumer pays through higher bills. A nice little earner for everyone except the poor mugs (us) at the end of the chain – but can it save the planet?

Subscribe Now: