Monday, August 1, 2011
GOGREEN Service From Barclays and DHL Launched
Saturday, July 23, 2011
New Zealand Farmers Look to Carbon Credits
In New Zealand, sheep outnumber humans 9 to 1, and this crucial sector of the economy is now proving profitable in more then just wool and lamp chops. Sheep farmers are planting tree farms that could prove valuable when the country's agricultural sector is forced to pay for greenhouse gas emissions starting in 2015.
Prime Minister John Key's government in Wellington has said a carbon trading regime will boost the country's green credentials and clout in global climate talks. The government's carbon program is also a welcome opportunity for some sheep farmers, struggling against slumping wool prices, drought, and competition for land from the dairy and lumber industries, to diversify, says Neil Walker, a forester in the Taranaki region of New Zealand's North Island.
Although New Zealand was the world's largest sheep meat exporter last year, the number of sheep have fallen from a 1982 peak of 70 million to about 40 million, official data show. New Zealand's carbon trading system requires polluting industries to buy credits that allow them to emit certain amounts of greenhouse gases, while businesses that reduce emissions can earn credits and sell them to polluters.
Farmers who convert their land from sheep grazing to planting trees could add $172 per acre in value each year to their land holdings, says David Evison, a senior lecturer at the University of Canterbury's New Zealand School of Forestry. Forests planted for carbon credits may increase to 74,000 acres, or about 0.27 percent of all pasture and grass land a year, compared with about 8,650 acres in 2009, the government estimates. "It turns forestry into a cash-flow business," says Evison.
Edwyn Kight, a farmer on New Zealand's North Island, sees the upside from the shift to forestry. He says carbon farming could improve the profitability of hill country property if converted to tree farms. "That land is not marginally economic for raising sheep and cattle, it's totally uneconomic," Kight says from his nearly 8,900-acre Akitio Station. He's planted about 1,500 acres of forest since carbon trading began and plans almost 2,000 more.
To find out more about investment opportunities in carbon farming talk to 360 Invest Group today.
Friday, July 22, 2011
Japanese Carbon Trading Sees Prices Soar
A pioneering domestic carbon trade in Japan has seen emissions reduction credits change hands for 12,000 yen per tonne, or U$S142, Reuters and Point Carbon report.
Tokyo's mandated emissions trading scheme (ETS) launched in April and obligates 1400 large-emitting factories and commercial businesses to cut emissions by 7 per cent overall over the four years to 2014. The scheme only covers 1 per cent of national emissions but is seen as a forerunner to a possible nationwide ETS down the track.
The Tokyo transaction was for a small parcel of credits over 22 tonnes of emissions reductions from an energy efficiency project operated by Daiwa House Industry and Taisei Rotec, Reuters reports.
The sale price is more than seven times the $19 a tonne prevailing price of allowances in the EU ETS and nine times the $16.70 a tonne for CERs, the carbon offsets generated under the UN CDM scheme.
The Tokyo trade took place via an online marketplace owned by Sojitz Corp and Smart Energy.
To find out more about investment opportunities in carbon credit trading talk to 360 Invest Group today.
Wednesday, July 20, 2011
Welcome to 360 Invest Group - The New Standard in World Investment
Here at 360 Invest Group, we pride ourselves on isolating and identifying unique investment opportunities throughout the world. Gearing most of our projects towards the alternative investment market, we provide a rare look at the world of investing with the maxim of minimizing risk and maximising profits. Our team of investment professionals are dedicated to make sure that our clients receive not only great investment advice, but also great business relationships with us.
Visit our website www.360investgroup.com to learn more about our investment projects.
Monday, May 16, 2011
360investgroup launch new natural gas project
360investgroup Launch Yet Another Award Winning Natural Gas Project in Mongolia
Also, here at the 360 Invest Group, we pride ourselves on isolating and identifying unique investment opportunities throughout the globe. Gearing most of our projects towards the alternative investment market, we provide a rare look to the world of investing with the maxim of minimizing risk and maximising profits. Our team of investment professionals are dedicated to make sure that our clients receive not only great investment advice, but also great business relationships with us.
A Sustainable Energy Option
Thursday, May 12, 2011
Energy Efficient Retrofits in New York
Energy Efficient Retrofits in New York
A jobs programme in New York State is helping residents retrofit their homes to become more energy efficient. The Green Jobs/Green NY financing programme provides low cost loans so that those who qualify can conserve energy. This will not only save them money on their monthly utility bills but will also help to decrease overall demand for energy, which will in turn reduce the number of power plants the state needs to build and maintain.
NYSERDA, the state agency in New York for energy research and development, has released participation data for January and February, revealing that those two months reflect record participation in the programme. In the first month of 2011 alone over 800 homes were retrofitted.
Low cost loans are not the only service provided through the programme. Homeowners who qualify can also receive energy audits of their home to help them understand their true energy needs and how those needs can be reduced. Audits are available free or on a low cost basis.
At present the programme serves only single family residences, but plans are underway to open up participation to other types of buildings in the near future, including multifamily dwellings and small commercial establishments. Not-for-profit institutions will also be allowed to participate in the expanded programme when it gets underway.
Alternative investments in retrofitting technologies can help create jobs as well as preserve the environment through the energy savings realised through programmes such as this one in New York.
www.360investgroup.com
Thursday, April 21, 2011
Carbon credit markets in possible merger
contact 360investgroup today for the latest information on carbon credits and how to invest in carbon trading
Tuesday, March 29, 2011
EU Carbon Rises, Has Biggest Weekly Gain in Two Years on Outages
Carbon allowances for December rose 2.6 percent to close at 17.22 euros ($24.41) a metric ton on the ICE Futures Europe exchange in London. They had a weekly gain of 9.5 percent, the biggest jump since March 2009.
Lower generation of nuclear power will require power utilities to burn more fossil fuels, boosting emissions and demand for permits. Japan upgraded its warning for parts of the Fukushima Dai-Ichi plant from a four to a five on a seven-level international scale, the International Atomic Energy Agency said yesterday. The five rating is for accidents with wider consequences. The worst nuclear accident, Chernobyl in 1986, rated seven.
“The longer the situation in Japan remains critical, the greater political pressure in Germany to keep the 7 gigawatts offline,” Mark Lewis, an analyst in Paris with Deutsche Bank AG, said today by phone. “I think it is now looking increasingly likely that at least 1 to 2 gigawatts of the 7 gigawatts will not be brought back into service.”
http://www.360investgroup.com/
Diversified investors should look to have 40 per cent of their portfolios in Carbon
Climate change forces new look at investor risk
Diversified investors should look to have 40 per cent of their portfolios in assets that are primed for the impacts of climate change, according to an advisory report to the investment industry.
The report, Climate Change Scenarios: Implications for Strategic Asset Allocation, was drafted by asset consultants Mercer, which advises big institutional investors, such as pension funds. Mercer concluded that climate change will force these highly diversified investors to re-balance their portfolios according to sources of risk, rather than the traditional approach purely according to asset classes.
Mercer says investors should bear in mind three areas of change: energy efficiency and technology; societal shifts, such as in health and food security; and shifts in policy, particularly in carbon emissions reduction.
In light of this, a range of “climate sensitive” areas were identified for returns and risk management potential emerging from the most likely climate change scenarios emerging over the next two decades. The report identifies listed shares, infrastructure and private equity as the best asset classes for investment in the recommended areas of timberland, renewable energy, energy efficiency and other sustainable assets. Investment opportunities in low-carbon technology could be as high as $5 trillion by 2030, the report states.
The report warns that weather extremes expected in a warming world, such as drought, floods and storms, could contribute 10 per to portfolio risk by 2030. But investors must not only take account of environmental damage, but anticipate policy changes designed to tackle the climate problem.
In the most likely of four global policy settings to emerge by 2030, action on climate change would be in place on a regionally divergent basis with some nations taking stronger measures to cut emissions than others, but no more than medium ambition overall. A carbon price of $110 per tonne could be expected in this scenario by 2030, the report says.
Monday, March 28, 2011
First Green Climate Fund meeting will take place next mo
UN climate chief urges governments to deliver on Cancun pledges
Christiana Figueres confirms first Green Climate Fund meeting will take place next month.
The UN's top climate change official has issued a timely call for governments to accelerate efforts to deliver on last year's Cancun Accords, ahead of the year's first official round of international climate negotiations in Bangkok next month.360investgroup
carbon trading
SIPP investments
source of article: Business green
Nairobi opens new carbon credit exchange - 360investgroup
Nairobi opens new carbon credit exchange
Kenya is better placed to emerge as a regional carbon emission trading hub.
The exchange is modelled after the Chicago and Australia carbon exchanges but several aspects of the two have been domesticated.
The exchange has put Kenya on the global map of advance in the trading of carbon credits and will trigger more investments in development of clean, efficient energy and afforestation projects.
360investgroup
carbon trading
Tuesday, March 22, 2011
In the news this week.....
South Korea has outlined detailed rules for a scheme that will impose emission targets on over 1,500 facilities this year.
Nefco buys post-2012 CERs from Laos hydro project
Nefco has signed a deal to buy 140,000 CDM credits from a project in Laos that aims to generate carbon credits eligible for the EU ETS after 2012.
EU steel production rises 7.5%
Steel production in the 27-nation bloc rose 7.5 per cent in the first two months of 2011 compared with the same period a year ago, industry data showed on Monday.
Hungary should donate AAUs to Japan, opposition says
Hungary’s main opposition party has urged the government to donate 10 million emission rights to quake-stricken Japan to help Tokyo meet its Kyoto target.
360investgroup market leaders in carbon trading
Friday, March 18, 2011
Major UK retailer to buy 1 million voluntary offsets
Major UK retailer to buy 1 million voluntary offsets
Published: 22 Feb 2011 17:29 CET Last updated: 22 Feb 2011 18:07 CETSource - point Carbon
The UK’s Co-operative Group could buy around 1 million voluntary credits by the end of 2012.
The group, which is owned by its members and is a major player in UK food retail and financial services, said Tuesday it may have to buy around 1 million offsets in order to meet a target announced last Friday to become carbon neutral by the end of 2012.
“Our emissions were around 1.1 million in 2009 and we reckon we will need something near that number to be carbon neutral,” said Ben Norbury of the Co-operative.
The Co-op’s move to become carbon neutral in such a short space of time – part of a multi-pronged ‘Ethical Operating Plan’ – means it will become one of the UK’s biggest buyers of voluntary offset credits.
Co-op, which employs 120,000 in the UK, also aims to double its support for clean energy to £1 billion ($1.62 billion), cut the group's operational carbon emissions 35 per cent by 2017 and ensure that financial products offered by the company are not involved in funding fossil fuels.
Previously, Co-op has only bought tens of thousands of offsets, but is now ramping up its purchase plan to offset emissions across the group’s operations, particularly energy consumption at its stores and offices, as well as distribution and transport.
Projects
Co-op buys credits from the Voluntary Carbon Standard (VCS), one of the main industry standards in the voluntary market.
The offsets are sourced by JP Morgan Climate Care from projects that can demonstrate wider environmental and sustainable development benefits, such as treadle pumps in India and efficient cooking stoves in Cambodia.
“The use of treadle pumps in India, rather than diesel-based generators, cuts emissions and helps farmers in other ways, such as improving harvests and delivering greater income,” Norbury said.
Co-op will buy from similar projects in the future but on a much larger scale, Norbury said, providing a much-needed boon for the voluntary carbon market.
Since 2008, the non-compliance market has been struggling in the face of the economic downturn and lack of a future US trading scheme, where voluntary credits might have been eligible.
Carbon Neutrality
Edward Hanrahan, a spokesman for the International Carbon Reduction and Offset Alliance (Icroa), said that demand from UK companies for voluntary market offsets was likely 12 million tonnes last year, catapulting the Co-op into the upper tier of buyers.
Other major UK-based buyers of voluntary offsets include the London-based operations of HSBC bank, Barclays Bank, and US-owned Land Rover, a UK brand of offroad vehicles.
Despite the lingering impact of the economic downturn on the willingness of companies and consumers to offset, demand in the UK’s voluntary market, Europe’s largest, may pick up this year as companies aim to meet carbon neutral targets, said Hanrahan, who is also head of sales at JP Morgan Climate Care.
Marks and Spencer, one of the UK’s biggest food and clothing retailers, may have to buy voluntary credits by the end of next year to meet a £200 million commitment made in 2007 to become carbon neutral by 2012.
Source - Point Carbon
latest carbon credit project now available from 360investgroup
Tuesday, March 15, 2011
EUAs up 5% on German nuke closures, energy prices
Front-year EUAs gained 85 cents on Monday, ending at their highest level in over 10 months on surging gas and power prices and reports of looming German nuclear plant closures.
360investgroup
New study flags $60 carbon price
ELEANOR HALL: An Australian National University report says a price on carbon may have to be set at $60 a tonne if it's to drive down Australia's greenhouse gas emissions.
The study also calls for the Government to prioritise income tax cuts over industry assistance. The Government won't endorse the report's findings, but says it welcomes discussion about the issue.
In Canberra, Naomi Woodley reports.
NAOMI WOODLEY: Doctor Frank Jotzo is the Director of the Centre for Climate Economics and Policy at the Australian National University's Crawford School.
His latest paper on carbon pricing is released today and, in his view, the Government's decision to pursue a carbon tax followed by an emissions trading scheme should keep the economic impact of introducing a carbon price manageable.
Source: ABC News -
360investgroup
UK government to create carbon floor price rules in April
The floor price is a substantial part of the government's electricity market reform (EMR) proposal as it puts a minimum tax on carbon-intensive power generation, which indirectly rewards producers of greener energy.
The government also announced on Tuesday in its Carbon Plan that it would award 1 billion pounds ($1.6 billion) to Britain's first carbon-capture and storage (CCS) project by the end of this year and publish a second-round projects shortlist by May 2012.
CCS project developers in Britain are bidding for a share of a pot worth up to 9.5 billion pounds to find the most adequate technology for catching and burying climate-warming emissions from gas and coal-fired power plants.
British Prime Minister David Cameron, Deputy Prime Minister Nick Clegg and Energy and Climate Change Secretary Chris Huhne launched the Carbon Plan on Tuesday, which also sets a deadline of June 2011 for the Department for Transport to formulate a strategy for electric vehicle infrastructure.
The government's Department for Business is also due to launch the Green Investment Bank by September 2012, and the first figures on how much it has lent and invested will be available by May 2013, according to the plan.
"This Carbon Plan sets out a vision of a changed Britain, powered by cleaner energy used more efficiently in our homes and businesses, with more secure energy supply and more stable energy prices, and benefiting from the jobs and growth that a low-carbon economy will bring," the three ministers said in a joint statement on Tuesday.
Chris Huhne will this week sign a memorandum of understanding with the Local Government Association, clarifying how local government can reduce carbon emissions from operations.
The central government has already required a 10 percent reduction in emissions from its own buildings by May.
Since last August, councils have been permitted to sell green energy produced on their own sites to the national grid as a source of additional income.
GREEN APPRENTICESHIPS
The British government also announced on Tuesday that it would provide funding for at least 1,000 new apprentices to be taught skills relating to energy-saving equipment, such as insulation installation and energy-efficient heating systems.
The apprentices will help support the government's Green Deal, a program which allows households to receive energy-saving equipment paid for through savings made on their power and gas bills and which will start in autumn 2012.
"The Green Deal is likely to support 100,000 jobs by 2015 and up to 250,000 when it reaches its peak and will be great news for local economies with local firms encouraged to get involved in this new exciting industry," Huhne said.
(Reporting by Karolin Schaps, editing by Jane Baird4)
360investgroup
carbon trading
Seven EU ministers push for deeper CO2 cuts
Such cuts would not only help protect the climate but would also shelter Europe from future spikes in the price of oil, said a joint statement from the ministers, among them those of Spain, Denmark, Portugal, Sweden and Greece.
"This is about creating a new economy in Europe," Chris Huhne, Britain's secretary of state for energy and climate, told Reuters. "We need to get the carbon price up and send clear investment signals to industry."
The statement came at a meeting of the EU's 27 environment ministers in Brussels on Monday and one week after EU climate commissioner Connie Hedegaard laid out a strategy showing a low cost route to 25 percent emissions cuts in 2020.
"The Commission's roadmap demonstrates ... that we already have the tools and policies to cut emissions by 25 percent domestically," the ministers' statement said.
"The case to move to a 30 percent target by 2020 is now stronger as a result."
Europe is deeply divided over the wisdom of deepening emissions cuts in the current economic crisis, with some big industries such as steelmakers fearing the added costs will push them out of business.
Other industries say continued reliance on costly imports of fossil fuel is a bigger threat to the economy.
"It will increase the continent's resilience against oil price spikes and reduce its dependence on imported energy," said the ministers' statement. "And it will help Europe compete with emerging economies in the fast-growing markets for green goods and services."
NEW CARBON TAX
It was not immediately clear, however, whether the statement had full government backing in countries such as Germany, where not all government departments see eye-to-eye on the issue.
Hedegaard told reporters the first serious EU discussion of deeper cuts would be at an informal meeting of environment ministers in Budapest on March 26.
"They will come with their more profound views ... then we'll take stock," she said.
Huhne said the statement represented the view of the whole British government and that Britain would aim to get there using a range of technologies, most important of which is energy efficiency.
"I'm completely technologically agnostic on this," he said. "It's not my business to play God by picking winners in one sector or another."
360investgroup
carbon trading
BRUSSELS, March 14 - The European Union should deepen cuts to greenhouse gases beyond the current 20 percent target by the end of this decade, according to environment ministers from seven EU countries including Britain and Germany.
Wednesday, March 9, 2011
360investgroup Carbon spot price
EUA and CER OTC prices
Delivery EUA EUA CER CER EUA-CER
Close Change Close Change
Spot 15.48 -0.07 11.90 -0.08 3.58
Dec-11 15.84 -0.08 11.84 -0.09 4.00
Dec-12 16.49 -0.11 11.66 -0.09 4.83
Dec-13 17.64 -0.11 N/A N/A N/A
Dec-14 18.55 -0.08 N/A N/A N/A
Dec 11-12 strip 16.17 -0.10 11.75 -0.09 4.42
360investgroup carbon credit trading
Monday, March 7, 2011
EU Regulation May Add €10 to Price
EU Regulation May Add €10 to Price
The EU carbon market, where benchmark prices are up 14 percent from a year ago, has an oversupply of about 460 million allowances for the five years through 2012, analysts led by Trevor Sikorski at the Barclays Capital investment bank in London said today, with the EU planning to remove these and set them aside. This would probably mean a "tight market, greater price volatility and an almighty scramble for allowances," Sikorski said. The bank forecast that EU prices will be 30 euros a metric ton in 2013. A 10 euro jump would represent a surge of 33 percent.
EU carbon for December rose 0.6 percent to 15.08 euros a metric ton on the ICE Futures Europe exchange in London as of 2:20 p.m. It traded earlier today as high as 15.14 euros a ton, the most since Feb. 3.
Investors in carbon credits before the EU option may benefit from volatility, and the tightened supply could lead to significant profit taking.
360investgroup
Climate Change
The term 'greenhouse effect' was coined to describe the way some gases in the atmosphere (such as carbon dioxide, nitrous oxide, and methane) trap some of the light energy from the sun after it is reflected from the Earth's surface, and before it can escape out into space, so warming our atmosphere. This is a natural process that has been happening for billions of years, and without it the Earth would be about 33°C colder – too cold for us to live on. Now, however, human influence has upset the natural balance of carbon dioxide and other greenhouse gases and too much of the sun's energy is being trapped, causing average temperatures to rise. Human greenhouse gas emissions have gone from practically nothing to tens of billions of tons per year since the start of the industrial revolution. At present, over 30 billion tonnes of carbon dioxide (CO2) is emitted globally each year by burning fossil fuels, and another seven billion tonnes by changes of land use, mainly deforestation.
Around the world, climate change would cause greater risks from rising sea levels, flooding, droughts, food shortages, diseases, water shortages and loss of tropical forests.
Southern Europe and the Mediterranean Basin are the most vulnerable regions in Europe, and mountain areas (in particular the Alps), islands, coastal regions and densely populated floodplains are facing serious consequences.
According to the Fourth Assessment Report (AR4) of the Intergovernmental Panel on Climate Change (IPCC) in 2007, we could expect to see continued melting of ice caps, glaciers and sea ice, significant changes in rainfall patterns and possibly more intense tropical cyclones such as hurricanes.
Flooding will contaminate drinking water, expose people to toxic pollutants and make the delivery of health and social services more difficult. Droughts will increase the risk of water shortages. Food and water shortages could lead to conflict and migration.
360investgroup carbon credits
