Friday, April 20, 2012

Carbon: the case for tree change | The Australian

Carbon dioxide is already the fastest-growing commodity trade in the world. As the federal Minister for Climate Change, Greg Combet, recently pointed out, the World Bank's 2011 report on carbon markets showed a near 13-fold increase in four years - from about $US11 billion in 2005 to $US140 billion in 2009-10. "The sheer scale is amazing," Grant says. "It has the same growth dimension as social networking."

Planting trees is, however, very "land-hungry". As part of its voluntary carbon reduction program in 2007, Qantas offset its carbon emissions from a single day of domestic and international flights - 40,000 tonnes of greenhouse gases produced by 950 flights carrying 100,000 passengers.

Environmental Finance | News | Fund to invest €45m in African carbon credits

French institutions have collaborated with the West Africa Development Bank to launch a fund that will invest in carbon credits from projects that reduce emissions in Africa.

Britain for negotiated settlement of aviation tax | TwoCircles.net

Despite opposition from over two dozen countries, including the India, US, Australia, Russia and China, the EU's Emissions Trading Scheme (ETS) came into force on Jan 1.

Palmerston North City Council To Avoid Carbon Credit Debt... | Stuff.co.nz

Palmerston North City Council is close to escaping a $622,000 penalty for the likely shortfall.

New Carbon Credit Market in the USA - MarketWatch

Vecron Lordstock Group announced today that it reached an agreement with the European Union's (EU) most respected Carbon Credit trading group, to exclusively market its inventory of Voluntary Carbon Credit Certificates in the USA under the trade name "Vecron Carbon Market."

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