Monday, December 13, 2010

Cancun Climate Change Conference agrees plan to cut carbon emissions

Cancun Climate Change Conference agrees plan to cut carbon emissions

Delegates from193 countries agreed at Cancun to cut carbon emissions and help developing countries tackle climate change as part of an "historic" deal to help stop global warming.

Full story :

http://www.telegraph.co.uk/earth/environment/climatechange/8196634/Cancun-Climate-Change-Conference-agrees-plan-to-cut-carbon-emissions.html

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Wednesday, December 8, 2010

Shipping , cleaner carbon

Shipping to steer cleaner carbon course

Ships could be charged different fees to dock depending on how much carbon they emit, according to ideas being discussed at the UN climate summit.
The government of Papua New Guinea is considering the plan, and is hoping other nations may become involved.
The Carbon War Room, co-founded by Sir Richard Branson, has launched an online tool grading 60,000 commercial vessels according to their emissions.
Shipping contributes about 1Gt of CO2 each year, more than the entire UK.
Currently shipping fuels are exempt from national carbon accounts, which has caused much head-scratching about how their emissions could be curbed.
The new approach is to give businesses the tool they need to selectively use lower-emitting vessels.
"The Carbon War Room has been advocating the need for business to play a leading role in the fight to reduce carbon emissions," said Sir Richard.
"This data hub for shipping will help the key players in the industry and their customers make better decisions for their businesses and ultimately, the planet."
Data for 60,000 ships, including many of the big, long-distance carriers, has been put in to the website using data from international registers and methods developed by the International Maritime Organisation (IMO).
The project's initiators hope that big corporations in particular will selectively use low-carbon carriers, encouraging all operators to improve their operations and reducing the industry's overall carbon footprint.
"We're hoping that companies like Nike or Walmart will go for it for two reasons," said Peter Boyd of the Carbon War Room.
"Firstly, they're concerned about greening their brands, but also about securing their supply chains."
But, he said, he was also intrigued by the idea that governments could set differential landing charges for ships depending on their emissions.
Papua New Guinea's delegate to the UN climate convention meeting, Kevin Conrad, told BBC News his government was considering the idea as part of a bigger package of measures designed to cut carbon through engagement with the private sector.
"Our duty is to find those that are leading the charge in the private sector, and work with them to achieve our climate goals," he said.
The ships would be rated on an A-G scale according to their efficiency.
The scheme's labels look very similar to the ratings given to consumer electrical goods such as refrigerators in the EU, which have helped drive up standards.
The Carbon War Room - a non-profit organisation aiming to "harness the power of entrepreneurs" to curb climate change - is hoping that ship owners will voluntarily choose to lodge their emissions data on the website shippingeffiency.org in order to boost their profile.
They calculate that global shipping emissions could be cut by about 30% just through increasing efficiency, although much greater gains could materialise in future as designers pursue new - or revisit old - concepts such as sails, kites and solar power.
Ships could be charged different fees to dock depending on how much carbon they emit, according to ideas being discussed on the sidelines of the UN climate summit.
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Tuesday, November 30, 2010

India's carbon credits to triple by 2012

India is expected to see a three-fold rise in the number of carbon credits issued for emission reduction projects over the next three years, according to a study by CRISIL Research.
New capacity addition in renewable energy sector will drive the issuance of carbon credits (Certified Emission Reduction units or CERs) to 246 million units by December 2012 from 72 million in November 2009, the study said.

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Carbon emissions could reach record levels in 2010

A new study published in Nature Geoscience and conducted by researchers in the UK suggests that despite efforts to cut greenhouse gases,carbon emissions will increase by three percent this year, which is similar to the growth rates seen between the years 2000 and 2008.

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Monday, November 29, 2010

UK 'must triple efforts to cut emissions'

UK 'must triple efforts to cut emissions'


The UK needs to triple its efforts towards cutting emissions and moving to a low-carbon economy by 2050, a report has warned.
The Climate Policy Tracker for the European Union by wildlife charity WWF and innovation company Ecofys reveals that EU countries on average are doing only a third of what is needed to cut emissions by between 80 per cent and 95 per cent by mid-century.
The report examines all EU countries on areas such as transport, buildings and renewables, giving them an overall grade of between A and G, and reveals the UK scores only an "E" rating.
The grade means the UK is doing only a third of what is necessary to put the economy on track towards massively slashing greenhouse gases by 2050.
While the country is awarded a "best in class" B rating for its Climate Change Act, which was the first legislation in the world to set legally binding long-term targets for cutting emissions, the report says the UK lags behind other countries in a number of its climate policies.
According to the report, the UK trails behind Germany, Denmark, Ireland and Sweden on the overall steps it is taking to cut its emissions and move to a low-carbon economy.
The four best countries receive only a D rating, meaning they still need to double their efforts to put them on track to cutting emissions by the amount needed.

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source: ITN News.ITN, itn.co.uk, 23/11/2010

Wednesday, November 10, 2010

United Nations Carbon Credit Prices May Rise by 42% by 2012, Barclays Says

United Nations Carbon Credit Prices May Rise by 42% by 2012, Barclays Says


Prices of United Nations Certified Emission Reduction credits will increase by as much as 42 percent by 2012 as new rules reduce supplies, Barclays Plc said.
CERs under the UN’s Clean Development Mechanism program may rise to about 18 euros a metric ton in two years, and to as much as 25 euros in the third phase of the European Union’s carbon- trading plan starting 2013, Trevor Sikorski, a London-based analyst at Barclays Capital, said yesterday. UN CERs for December fell 1.6 percent to 12.69 euros a ton yesterday on London’s European Climate Exchange.
The issuance of as many as 30 million tons of CERs under the UN’s Clean Development Mechanism may be delayed to next year, cutting this year’s supplies by about 30 percent,Sikorski said in an interview at the Carbon Asia Forum 2010 conference in Singapore.
Prices of CERs may average 14.5 euros a ton in the first half of 2011, and 16 euros in the second half, according to a Barclays report on Oct. 21. CDM offsets are currently used for compliance in the European carbon market, the world’s biggest.
The UN and the European Union said they may issue new rules on the methodology of issuance and acceptance of carbon credits for hydro-fluorocarbon (HFC) combustion plants and other industrial gases.
The European Commission, regulator of the EU program, plans to publish an impact assessment on offset restrictions by November and said in May that projects related to two industrial gases, HFC-23 and nitrous oxide, create significant windfall profits and may be banned after 2012. A proposed U.S. energy law bans HFC credits.
Prices of CERs, which typically track prices of European Union carbon allowances, will rise as UN restrictions will reduce supplies of HFC-linked CERs and EU rules will force utilities and other users to switch to credits from renewable energy industries, Sikorski said

source bloomberg - http://www.bloomberg.com/news/2010-10-29/united-nations-carbon-credit-prices-may-rise-by-42-by-2012-barclays-says.html

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Tuesday, November 2, 2010

Climate change challenge for computer gamers

Climate change challenge for computer gamers

Green Campaigners welcome new Console game - Fate of the World, a new strategy game launched on Tuesday. Fate of the World game

Fate of the World: The video game in which players save the world from catastrophic climate change.

Photograph: Red Redemption
They've previously tackled alien invasions, gang violence in New York and how to raise a happy family, but this week computer games wrestle with an even more pressing issue: climate change.

Arriving on PCs on Tuesday and Macs shortly after, the British-made Fate of the World puts players at the helm of a future World Trade Organisation-style environmental body with a task of saving the world by cutting carbon emissions or damning it by letting soaring temperatures wreak havoc through floods, droughts and fires.
The strategy game is already being hailed by gaming experts as a potential breakthrough for such social change titles, and welcomed by climate campaigners as a way of reaching new audiences.


Fate of the World is released Tuesday for £14.99 via digital download and Oxfam stores across the UK.

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