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Archive for the ‘Carbon Credits’ Category

March 3, 2008 (The Edge Daily) – Carbon Capital Corp Sdn Bhd will launch RM150 million worth of biogas and biomass projects in Sarawak next month as part of its long-term strategy for growth.
“We will be launching four biogas projects and one 10 megawatt biomass power plant there, utilising empty fruit bunches (from oil palm).
“These [...]

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Spring 2008 (YES! Magazine, Anna Fahey) – Last summer, Chinese President Hu Jintao toured the country in short sleeves to show that his countrymen could turn their air conditioners down. In China, conservation is “in.” Fashions do change.
Global warming denial is out of vogue. Unfortunately, though, the climate change do-nothing set is sporting a new [...]

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February 26, 2008 (Bloomberg) – Lehman Brothers Holdings Inc., the fourth-largest U.S. securities firm, said it would trade United Nation emission credits in Japan, the first non-Japanese bank to win permission to buy and sell the environmental products there. Lehman has opened an account in Japan’s emissions registry, an ownership tracking system, the bank said [...]

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February 26, 2008 (Canberra Times) – Australia’s rapidly escalating electricity consumption remains the biggest risk to meeting its Kyoto treaty targets, a new Federal Government report warns. A Department of Climate Change analysis of national greenhouse emission trends estimates Australia’s emissions from electricity use will increase 59 per cent on 1990 levels by 2020.
Despite use [...]

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February 25, 2008 (Bloomberg) – GreenAir, a carbon credit dealer, is seeking to raise A$100 million ($92.4 million) ahead of plans for an initial public offering after the Australian government signed the Kyoto Protocol, the Australian Financial Review said. The Sydney-based company, established by former Westpac Banking Corp. executive Himanshu Dua, is trying to secure [...]

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February 20, 2008 (The Star Online) – As the world’s second largest crude palm oil producer, Malaysia has great potential to reap revenue from certified emission reduction (CER), or carbon credits. According to Aseambankers, palm oil milling, which produces organic waste, create opportunities to generate CERs. It named plantation player TSH Resources Bhd as one [...]

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February 20, 2008 (Economic Times) – Politics and jittery equity indices are making the global carbon credit markets nervous. Carbon credit prices have plunged in the last few weeks. This could be troubling for major supplier India, which sold 20 million carbon credits in 2007, and has a larger number in the pipeline. The bad [...]

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February 16, 2008 (Jakarta Post) – The idea of introducing nuclear power to Indonesia is nothing more than a vehicle for a few needy individuals to gain public attention. Any moderately educated engineer will agree that Indonesia’s need for electricity is widely decentralized so nuclear power or large coal power plants are the ideas of [...]

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February 15, 2008 (Financial Express) – India’s carbon market is growing faster than even information technology, bio technology and BPO sectors as 850 projects with an investment of a whopping Rs 65,000 crore are in pipeline. The revenue from 200 projects is estimated at $2 billion till 2012, according to Prodipto Ghosh, member of the [...]

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February 14, 2008 (New Zealand Herald) – Ministers and officials are grappling with some thorny issues over how to parcel out more than $1 billion worth of free carbon credits to the owners of commercial forests planted before 1990. They ought to have better things to do with their time.
Under the rules of the Kyoto [...]

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