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Jhon Micheal Vincent Carbon Credits to replace US dollar as global currency

Till now the question was whether a group of currencies would replace the dollar or even gold? Now, here comes the prediction amidst global warming and climate change concerns that carbon credit will replace the US $ as the currency of international trading with in 5 years.

The forecast was made by research, development and advice consultancy Archial Sustainable Futures following the publication by Finance Secretary John Swinney of a Carbon Assessment of the Budget for 2010-2011, the m… Continue

Added by Jhon Micheal Vincent on March 6, 2010 at 9:22pm — No Comments

Jhon Micheal Vincent Carbon Credits Model Importance

The Kyoto protocol mandates that signatory nations should play a leading role when it comes to taking measures to lower emissions of greenhouse gases. Carbon offset and carbon trading are the two ways to lower emissions as was proposed by the protocol.

Carbon trading is about purchasing and selling of carbon credits, which are financial instruments that are transacted in the world market. One carbon credit allows the buyer to release one ton of carbon dioxide or an equal amount of other… Continue

Added by Jhon Micheal Vincent on March 6, 2010 at 3:13pm — No Comments

Sherry CARBON EXPO: Cologne in 2010

After a successful edition in Barcelona, Carbon Expo - Global Carbon Market Fair & Conference will return to Cologne, where the world's largest annual platform for emissions trading and greenhouse gas reduction projects will be held for the 7th time from May 26-28. 2010. This edition will again be jointly… Continue

Added by Sherry on March 6, 2010 at 8:20am — No Comments

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Bob Simmons Climate scientists withdraw journal claims of rising sea levels

Study claimed in 2009 that sea levels would rise by up to 82cm by the end of century – but the report's author now says true estimate is still unknown.

Scientists have been forced to withdraw a study on projected sea level rise due to global warming after finding mistakes that undermined the findings.

The study, published in 2009 in Nature Geoscience, one of the top journals in its field, confirmed the conclusions of the 2007 report from the Intergovernmental Panel on Climate C… Continue

Added by Bob Simmons on February 28, 2010 at 8:44am — No Comments

Sherry Green economy and renewable energy achievable in ten years

The managing director of Nigerian Export-Import Bank (NEXIM Bank). Mr. Roberts Orya, has stressed the need for Nigeria to focus on the green economy and renewable energy in its bid to join global forces on the green economy and renewable energy in its bid to join global forces to save a world that is threatened by climate and global warming.

The managing director, who made this rema… Continue

Added by Sherry on February 28, 2010 at 5:17am — No Comments

Sherry Prospects of carbon trading under study

Petroleum Development Oman (PDO) is planning a majority foray into renewables, chiefly solar power, greenhouse gas emissions linked to its oil field operations. The move is part of a comprehensive efforts by the company to address greenhouse gas emissions linked to its hydrocarbon-related activities, John Malcom, Managing Director said, "in recent years, PDO has implemented a comprehensive program to address our emissions. In our existing operations we are minimizing… Continue

Added by Sherry on February 28, 2010 at 2:00am — No Comments

Jhon Mathew Cap and Trade

The Kyoto Protocol, set to expire in 2012, established binding reductions of greenhouse gas (GHG) emissions for thirty-six countries. The United States was not a party to the treaty.
Reducing GHG emissions through cap-and-trade programs is generating widespread discussion, including con
… Continue

Added by Jhon Mathew on February 28, 2010 at 1:25am — No Comments

Jhon Mathew Whales, Like Trees, Slow Warming

It's their parting gift to the world: Each dying whale carries tons of carbon to the sea floor as its massive body sinks, storing it there for centuries where it can't harm the climate.

In this way, whales are like the world's forests, sucking climate-changing carbon dioxide out of the atmosphere over their lifetime and socking it away. And according to new research, repopulating the oceans with whales could be as good for battling climate change as planti
… Continue

Added by Jhon Mathew on February 28, 2010 at 1:25am — No Comments

Bob Simmons Poor nations paid to preserve marine CO2 - United Nations

Developing countries could in future earn money from reducing emissions by protecting oceans and marine ecosystems, a top U.N official said on Thursday.

Sea grasses, mangroves and salt marshes naturally store huge amounts of carbon but this is released as greenhouse gasses, such as carbon dioxide, when wetlands are dr… Continue

Added by Bob Simmons on February 26, 2010 at 12:52am — No Comments

Christopher Food Prices - Impact of Emission Control Regime

Having committed for a 25-40% reduction in CO2 emission within 5 years, Indian Government (GOI) will have to ponder over the impact of such a program on various fronts. As far as the food industry is concerned, there is feeling that CO2 emission control program will reflect on the manufacturing cost of processed foods very significantly. This is probably due to additional investment, which may be necessary to install palliative equipment by the food processing industry for reducing the quantum o… Continue

Added by Christopher on February 25, 2010 at 9:01am — No Comments

Jhon Micheal Vincent Carbon cowboy in legal spat

Australia's self-proclaimed "carbon kingpin" Kirk Roberts is being investigated by a Papua New Guinea government agency for allegedly misleading villagers in deals he hopes will net millions.

Mr Roberts, a former disqualified Australian horse trainer who also ran a Philippines cock-fighting business, once said he… Continue

Added by Jhon Micheal Vincent on February 25, 2010 at 2:30am — No Comments

Jhon Mathew Billions At Stake In Carbon Trading Scheme

South Canterbury's district councils could be in line for a share of a multibillion-dollar compensation package for the Emissions Trading Scheme (ETS).

Under the ETS, landowners who fell more than two hectares of trees planted before 1990 will incur a fee if they do not replace them. However, all post-… Continue

Added by Jhon Mathew on February 21, 2010 at 8:45am — No Comments

Christopher Carbon Market Blinks

For the last five years the carbon market has been doubling year after year. But in 2009, the exponential growth trajectory paused. Point Carbon issued a report this week estimating that the world wide market in carbon trading in 2009 totalled around $136 billion dollars, which is not much higher than the 2008 figure. After years of living in a rapacious bubble, prices are about 60% below the peaks of 2008, carbon traders are starting to peel out into other commodities, and the sails are looking… Continue

Added by Christopher on February 21, 2010 at 5:00am — No Comments

Christopher Business Carbon Offsetting: A Genuine Responsibility of Every Business Owner

Image Source: Scienceblogs.com
Carbon offsetting is a not only a practical method to reduce carbon dioxide in the atmosphere but it is also a core approach to raising our society’s awareness and reducing our impact on the environment. The time when Global warming has become one of the world’s most pressing concern… Continue

Added by Christopher on February 21, 2010 at 2:30am — No Comments

Sherry Carbon Credits Market

Optimism seems to have returned to the carbon credits market, with spot prices of certified emission reductions (CERs) or carbon credits testing the euro 13-levels. The December 2009 contracts for CERs on the European Climate Exchange are trading at around euro 12-12.5 over last month. The gap between forward contracts an… Continue

Added by Sherry on February 21, 2010 at 1:50am — No Comments

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Citing Cap-and-Trade Fears, Republican Senators Kill Carbon Credits Bill

(KCPW News) The Utah Senate has shot down a bill that would allow cities, counties and special districts to trade carbon credits if they convert garbage otherwise bound for the landfill into fertilizer. Some Utah facilities already participate in a voluntary program called the Chicago Climate Exchange, but it’s unclear whether state code allows it. [...]

J.P. Morgan senior executive proposes China develop domestic carbon-trading system

BEIJING, March 9 (Xinhua) — Fang Fang, vice chairman of J. P. Morgan Asia Investment Banking division, has proposed that China develop a domestic carbon-trading system as part of its efforts to cut greenhouse gas emissions. Continue Reading at News.Xinhuanet

Utah Senate rejects carbon trading support

The Utah Senate on Monday refused to support a voluntary greenhouse gas reduction market that one senator said could help municipalities and service districts make money by reducing pollution. A few Utah entities — notably Weber County with a methane production plant that saves landfill space and reduces carbon emissions — already sell carbon credits on [...]

Opinion: Consumers driven by price, not saving CO2 – survey

LONDON (Reuters) – Consumers are still thinking about the price of the electronic goods they buy, rather than saving energy, according to a survey commissioned by energy-saving technology manufacturer Energenie on Monday. Continue Reading at UK. Reuters

APM Terminals cut CO2 emissions by 8% last year

APM Terminals told Portworld last Friday that CO2 emissions from its global network of 50 terminals in 34 countries fell 8% in 2009 from 2008 levels, through “aggressive measures to improve fuel economy” and the introduction of “environmentally sustainable terminal operating practices over the past year”. Continue Reading at PortWorld

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