Wednesday, October 6, 2010

More than 3,000 organisations register for carbon trading scheme

By David Williams

1 October 2010

Almost 2,800 public and private sector organisations have registered for the government’s Carbon Reduction Commitment emissions trading scheme, and a further 400 are going through the process, it was announced today.

Separate figures for the public sector are expected on Monday. However, John Maddocks, CIPFA’s policy manager for sustainability, told Public Finance that early indications showed a strong take-up by local authorities. He said more than 90% of those expected to join had signed up a few days before last night’s deadline.
‘It’s pretty good going,’ he said. ‘It might well be better than the private sector has done – but many public sector organisations are already used to managing their energy usage.’
Maddocks said the CRC was forcing many councils to get to grips with their energy usage for the first time, assessing their full property portfolios and finding easy efficiencies.
But, he added, ‘registration is relatively easy – there are concerns around the trading side, the buying and selling of carbon allowances’, as few public bodies will have prior expertise in emissions trading.
Andy Johnston, head of the centre for local sustainability at the Local Government Information Unit, said some public bodies ‘probably will have missed the boat’.
But, he noted that the Environment Agency, which runs the scheme, had already pledged to work with those who have failed to register on time, rather than name and shame straight away.
The CRC is intended to reduce emissions among the UK’s biggest polluters that are not already covered by the larger European Union Emissions Trading Scheme.
The registration criteria are complex, but qualifying organisations will be those currently spending around £500,000 a year on electricity.
Participation is mandatory for all departments of the UK, Welsh and Scottish governments. Hundreds of other public bodies including councils are expected to qualify.
The final number of registrants – 2,779 plus the 400 still being processed – is significantly less than the 5,000–6,000 expected when the CRC was launched.
Public Finance understands that many ‘parent’ organisations have registered in place of their constituent bodies, which could have been large enough to qualify on their own.
Around 8,000 organisations – not including all CRC registrants – have contacted the EA to declare that their energy usage is below the CRC threshold.

Green Markets

Green Investments

Growing concerns for the environment and rapidly increasing demand for energy and food have led to significant pressure for more green and sustainable alternatives. The sourcing of cleaner energy and reduction of carbon footprints are national priorities. Companies are now transforming operating procedures to ensure they are more socially responsible and environmentally friendly.
The energy market is undergoing major diversification with a number of new and alternative energies providing lucrative prospects for investors. Today’s global economy indicates the need to diversify investment portfolios, with the first half of 2010 highlighting the changing nature of where investment returns can be earned.

Increasingly, investors are looking towards commodities that are sustainable, socially responsible and environmentally friendly for security, as well as providing high returns on capital.
Sustainability is a key factor that reflects the long term viability of an investment as well as its long term financial rewards. Investments that combine strong social or environmental performance with strong economic performance have been shown to be more successful over the long term. Sustainable, alternative investments offer increased security to investors and have proven to be more resilient to economic downturns and volatility.

Carbon Footprint

Carbon Footprint


A carbon footprint is "the total set of greenhouse gases (GHG) emissions caused by an organization, event or product" [1]. For simplicity of reporting, it is often expressed in terms of the amount of carbon dioxide, or its equivalent of other GHGs, emitted.
The concept name of the carbon footprint originates from ecological footprint discussion.[2] The carbon footprint is a subset of the ecological footprint and of the more comprehensive Life Cycle Assessment (LCA).
An individual, nation, or organization's carbon footprint can be measured by undertaking a GHG emissions assessment. Once the size of a carbon footprint is known, a strategy can be devised to reduce it, e.g. by technological developments, better process and product management, changed Green Public or Private Procurement (GPP), Carbon capture, consumption strategies, and others.
The mitigation of carbon footprints through the development of alternative projects, such as solar or wind energy or reforestation, represents one way of reducing a carbon footprint and is often known as Carbon offsetting.

By area:

 

Of products

Several organizations have calculated carbon footprints of products;[3] The US Environmental Protection Agency has addressed paper, plastic (candy wrappers), glass, cans, computers, carpet and tires. Australia has addressed lumber and other building materials. Academics in Australia, Korea and the US have addressed paved roads. Companies, nonprofits and academics have addressed manufacture and operation of cars, buses, trains, airplanes, ships and pipelines. The US Postal Service has addressed mailing letters and packages. Carnegie Mellon University has estimated the CO2 footprints of 46 large sectors of the economy in each of eight countries. Carnegie Mellon, Sweden and the Carbon Trust have addressed foods at home and in restaurants.
The Carbon Trust has worked with UK manufacturers on foods, shirts and detergents, introducing a CO2 label in March 2007. The label is intended to comply with a new British public available specification (i.e. not a standard), PAS 2050,[4] and is being actively piloted by The Carbon Trust and various industrial partners.[5]

Of electricity

The following table compares, from peer-reviewed studies of full life cycle emissions and from various other studies, the carbon footprint of various forms of energy generation: Nuclear, Hydro, Coal, Gas, Solar Cell, Peat and Wind generation technology.
The Vattenfall study found renewable and nuclear generation responsible for far less CO2 than fossil fuel generation.
Emission factors of common fuels
Fuel/
Resource
Thermal
g(CO2-eq)/MJth
Energy Intensity
W·hth/W·he
Electric
g(CO2-eq)/kW·he
Coal&0000000000000092510000B:91.50–91.72
Br:94.33
88
&0000000000000002990000B:2.62–2.85[6]
Br:3.46[6]
3.01
&0000000000000994000000B:863–941[6]
Br:1,175[6]
955[7]
Oil&000000000000007300000073[8]&00000000000000033999993.40&0000000000000893000000893[7]
Natural gas&0000000000000068299999cc:68.20
oc:68.40
51[8]
&0000000000000002700000cc:2.35[6]
oc:3.05[6]
&0000000000000664000000cc:577[6]
oc:751[6]
599[7]
Geothermal
Power
&00000000000000030000003~&0000000000000040000000TL0–1[7]
TH91–122[7]
Uranium
Nuclear power
&0000000000000000190000WL0.18[6]
WH0.20[6]
&0000000000000062500000WL60[6]
WH65[6]
Hydroelectricity&00000000000000000460000.046[6]&000000000000001500000015[6]
Conc. Solar Pwr&000000000000004000000040±15#
Photovoltaics&00000000000000003300000.33[6]&0000000000000106000000106[6]
Wind power&00000000000000000660000.066[6]&000000000000002100000021[6]
Note: 3.6 MJ = megajoule(s) == 1 kW·h = kilowatt-hour(s), thus 1 g/MJ = 3.6 g/kW·h.
Legend: B = Black coal (supercritical)–(new subcritical), Br = Brown coal (new subcritical), cc = combined cycle, oc = open cycle, TL = low-temperature/closed-circuit (geothermal doublet), TH = high-temperature/open-circuit, WL = Light Water Reactors, WH = Heavy Water Reactors, #Educated estimate.
These studies thus concluded that hydroelectric, wind, and nuclear power always produced the least CO2 per kilowatt-hour of any other electricity sources. These figures do not allow for emissions due to accidents or terrorism.Lastly some relatively new green renewable electricity generation methods, wind power for example, emit no carbon during operation, but do leave a minor footprint during construction phase using the cradle-to-grave approach of the complete production life cycle.

Some content Courtesy of "wikipedia"

Carbon Neutral

Carbon neutrality, or having a net zero carbon footprint, refers to achieving net zero carbon emissions by balancing a measured amount of carbon released with an equivalent amount sequestered or offset, or buying enough carbon credits to make up the difference. It is used in the context of carbon dioxide releasing processes, associated with transportation, energy production and industrial processes.
The carbon neutral concept may be extended to include other greenhouse gases (GHG) measured in terms of their carbon dioxide equivalence—the impact a GHG has on the atmosphere expressed in the equivalent amount of CO2. The term climate neutral is used to reflect the fact that it is not just carbon dioxide (CO2), that is driving climate change, even if it is the most abundant, but also encompasses other greenhouse gases regulated by the Kyoto Protocol, namely: methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFC), perfluorocarbons (PFC), and sulphur hexafluoride (SF6). Both terms are used interchangeably throughout this article.
Best practice for organizations and individuals seeking carbon neutral status entails reducing and/or avoiding carbon emissions first so that only unavoidable emissions are offset. The term has two common uses:
  • It can refer to the practice of balancing carbon dioxide released into the atmosphere from burning fossil fuels, with renewable energy that creates a similar amount of useful energy, so that the carbon emissions are compensated, or alternatively using only renewable energies that don't produce any carbon dioxide (this last is called a post-carbon economy).[1]
  • It is also used to describe the practice, criticized by some,[2] of carbon offsetting, by paying others to remove or sequester 100% of the carbon dioxide emitted from the atmosphere[3] – for example by planting trees – or by funding 'carbon projects' that should lead to the prevention of future greenhouse gas emissions, or by buying carbon credits to remove (or 'retire') them through carbon trading. These practices are often used in parallel, together with energy conservation measures to minimize energy use.
The concept may be extended to include other greenhouse gases measured in terms of their carbon dioxide equivalence. The phrase was the New Oxford American Dictionary’s Word Of The Year for 2006.[4]

 


Process

Carbon, or climate, neutrality is usually achieved by combining the following steps (although these may vary depending whether the strategy is implemented by individuals, companies, organizations, cities, regions, or countries):

Commitment

In the case of individuals, decision-making is likely to be straightforward, but for more complex set-ups, it usually requires political leadership at the highest level and wide popular agreement that the effort is worth making.

Counting and analyzing

Counting and analyzing the emissions that need to be eliminated, and the options for doing so, is the most crucial step in the cycle as it enables setting the priorities for action – from the products purchased to energy use and transport – and to start monitoring progress. This can be achieved through a GHG inventory that aims at answering questions such as:
  • Which operations, activities, units should be included?
  • Which sources should be included (see section Direct and indirect emissions)?
  • Who is responsible for which emissions?
  • Which gases should be included?
For individuals, carbon calculators simplify compiling an inventory. Typically they measure electricity consumption in kWh, the amount and type of fuel used to heat water and warm the house, and how many kilometres an individual drives, flies and rides in different vehicles. Individuals may also set various limits of the system they are concerned with, e.g. personal GHG emissions, household emissions, or the company they work for.
There are plenty of carbon calculators available online, which vary significantly in their usefulness and the parameters they measure. Some, for example, factor in only cars, aircraft and household energy use. Others cover household waste or leisure interests as well.

Action

In starting to work towards climate neutrality, businesses and local administrations can make use of an environmental (or sustainability) management system or EMS established by the international standard ISO 14001 (developed by the International Organization for Standardization). Another EMS framework is EMAS, the European Eco Management and Audit Scheme, used by numerous companies throughout the EU. Many local authorities apply the management system to certain sectors of their administration or certify their whole operations.

Reduction

One of the strongest arguments for reducing GHG emissions is that it will often save money. Energy prices across the world are rising, making it harder to afford to travel, heat and light homes and factories, and keep a modern economy ticking over. So it is both common sense and sensible for the climate to use energy as sparingly as possible. Examples of possible actions to reduce GHG emissions are:
  • Limiting energy usage and emissions from transportation (walking, using bicycles or public transport, avoiding flying, using low-energy vehicles), as well as from buildings, equipment, animals and processes.
  • Obtaining electricity and other energy from a renewable energy source, either directly by generating it (installing solar panels on the roof for example) or by selecting an approved green energy provider, and by using low-carbon alternative fuels such as sustainable biofuels.

Offsetting

Carbon offsets aim to neutralize the amount of GHG contribution by funding projects which should cause an equal reduction of emissions somewhere else, such as tree planting. Under the premise “First reduce what you can, then offset the remainder”, offsetting can be done by supporting a responsible carbon project, or by buying carbon credits, known as "carbon units"[neologism?] or "air units"[neologism?].
Offsetting is sometimes seen as a charged and contentious issue. For example, James Hansen describes offsets as “modern day indulgences, sold to an increasingly carbon-conscious public to absolve their climate sins.”

Evaluation and repeating

This phase includes evaluation of the results and compilation of a list of suggested improvements, with results documented and reported, so that experience gained of what does (and does not) work is shared with those who can put it to good use.
Finally, with all that completed, the cycle starts all over again, only this time incorporating the lessons learnt. Science and technology move on, regulations become tighter, the standards people demand go up. So the second cycle will go further than the first, and the process will continue, each successive phase building on and improving on what went before.
Being carbon neutral is increasingly seen as good corporate or state social responsibility and a growing list of corporations and states are announcing dates for when they intend to become fully neutral. Events such as the G8 Summit[5] and organizations like the World Bank[6] are also using offset schemes to become carbon neutral. Artists like The Rolling Stones[7] and Pink Floyd[8] have made albums or tours carbon neutral.

Direct and indirect emissions

To be considered carbon neutral, an organization must reduce its carbon footprint to zero. Determining what to include in the carbon footprint depends upon the organization and the standards they are following.
Generally, direct emissions sources must be reduced and offset completely, while indirect emissions from purchased electricity can be reduced with renewable energy purchases.
Direct emissions include all pollution from manufacturing, company owned vehicles and reimbursed travel, livestock and any other source that is directly controlled by the owner. Indirect emissions include all emissions that result from the use or purchase of a product. For instance, the direct emissions of an airline are all the jet fuel that is burned, while the indirect emissions include manufacture and disposal of airplanes, all the electricity used to operate the airline's office, and the daily emissions from employee travel to and from work. In another example, the power company has a direct emission of greenhouse gas, while the office that purchases it considers it an indirect emission.

Simplification of standards and definitions

Before an agency can certify an organization or individual as carbon neutral, it is important to specify whether indirect emissions are included in the Carbon Footprint calculation.[9] Most Voluntary Carbon neutral certifiers such as Standard Carbon in the US, require both direct and indirect sources to be reduced and offset. As an example, for an organization to be certified carbon neutral by Standard Carbon, it must offset all direct and indirect emissions from travel by 1 lb CO2e per passenger mile, and all non-electricity direct emissions 100%.[10] Indirect electrical purchases must be equalized either with offsets, or renewable energy purchase. This standard differs slightly from the widely used World Resource Institute and may be easier to calculate and apply.
The World Resource Institute, in addition to publishing many tables and help aids for calculating carbon footprints, only requires direct emissions to be reduced and balanced for carbon neutral status, however there is adequate encouragement to include all emissions sources. With this accounting, there are essentially two levels of Carbon neutral: Either all direct and indirect emissions, or only direct emissions.
Much of the confusion in carbon neutral standards can be attributed to the number of voluntary carbon standards which are available. For organizations looking at which carbon offsets to purchase, knowing which standards are robust, credible in permanent is vital in choosing the right carbon offsets and projects to get involved in. Some of the main standards in the voluntary market include; The Voluntary Carbon Standard, The Gold Standard and The California Climate Action Registry. In addition companies can purchase Certified Emission Reductions (CERs) which result from mitigated carbon emissions from UNFCCC approved projects for voluntary purposes. There are various resources available however to help companies navigate the often complex carbon offsetting standards maze.[11]
The concept of shared resources also reduces the volume of carbon a particular organization has to offset, with all upstream and downstream emissions the responsibility of other organizations or individuals. If all organizations and individuals were involved then this would not result in any double accounting.

Pledges

Being carbon neutral is increasingly seen as good corporate or state social responsibility and a growing list of corporations, cities and states are announcing dates for when they intend to become fully neutral.

Carbon neutral initiatives

Many initiatives seek to assist individuals, businesses and states in reducing their carbon footprint or achieving climate neutrality. These include CO2Stats and, the similar European CO2 free websites, the Climate Neutral Network, Caring for Climate, and Together campaign.

Carbon neutral certification

Although there is currently no international certification scheme for carbon or climate neutrality, some countries have established national certification schemes. Examples include Norwegian Eco-Lighthouse Program.


From Wikipedia, the free encyclopedia

 

Climate Change

Climate change is a change in the statistical distribution of weather over periods of time that range from decades to millions of years. It can be a change in the average weather or a change in the distribution of weather events around an average (for example, greater or fewer extreme weather events). Climate change may be limited to a specific region, or may occur across the whole Earth.
In recent usage, especially in the context of environmental policy, climate change usually refers to changes in modern climate. It may be qualified as anthropogenic climate change, more generally known as "global warming" or "anthropogenic global warming" (AGW).
For information on temperature measurements over various periods, and the data sources available, see temperature record. For attribution of climate change over the past century, see attribution of recent climate change

Causes

Factors that can shape climate are climate forcings. These include such processes as variations in solar radiation, deviations in the Earth's orbit, mountain-building and continental drift, and changes in greenhouse gas concentrations. There are a variety of climate change feedbacks that can either amplify or diminish the initial forcing. Some parts of the climate system, such as the oceans and ice caps, respond slowly in reaction to climate forcing because of their large mass. Therefore, the climate system can take centuries or longer to fully respond to new external forcings.

Plate tectonics

Over the course of millions of years, the motion of tectonic plates reconfigures global land and ocean areas and generates topography. This can affect both global and local patterns of climate and atmosphere-ocean circulation.[4]
The position of the continents determines the geometry of the oceans and therefore influences patterns of ocean circulation. The locations of the seas are important in controlling the transfer of heat and moisture across the globe, and therefore, in determining global climate. A recent example of tectonic control on ocean circulation is the formation of the Isthmus of Panama about 5 million years ago, which shut off direct mixing between the Atlantic and Pacific Oceans. This strongly affected the ocean dynamics of what is now the Gulf Stream and may have led to Northern Hemisphere ice cover.[5][6] During the Carboniferous period, about 300 to 360 million years ago, plate tectonics may have triggered large-scale storage of carbon and increased glaciation.[7] Geologic evidence points to a "megamonsoonal" circulation pattern during the time of the supercontinent Pangaea, and climate modeling suggests that the existence of the supercontinent was conducive to the establishment of monsoons.[8]
The size of continents is also important. Because of the stabilizing effect of the oceans on temperature, yearly temperature variations are generally lower in coastal areas than they are inland. A larger supercontinent will therefore have more area in which climate is strongly seasonal than will several smaller continents or islands.

Solar output


Variations in solar activity during the last several centuries based on observations of sunspots and beryllium isotopes.
The sun is the predominant source for energy input to the Earth. Both long- and short-term variations in solar intensity are known to affect global climate.
Three to four billion years ago the sun emitted only 70% as much power as it does today. If the atmospheric composition had been the same as today, liquid water should not have existed on Earth. However, there is evidence for the presence of water on the early Earth, in the Hadean[9][10] and Archean[11][9] eons, leading to what is known as the faint young sun paradox.[12] Hypothesized solutions to this paradox include a vastly different atmosphere, with much higher concentrations of greenhouse gases than currently exist[13] Over the following approximately 4 billion years, the energy output of the sun increased and atmospheric composition changed, with the oxygenation of the atmosphere around 2.4 billion years ago being the most notable alteration. These changes in luminosity, and the sun's ultimate death as it becomes a red giant and then a white dwarf, will have large effects on climate, with the red giant phase possibly ending life on Earth.
Solar output also varies on shorter time scales, including the 11-year solar cycle[14] and longer-term modulations.[15] Solar intensity variations are considered to have been influential in triggering the Little Ice Age,[16] and some of the warming observed from 1900 to 1950. The cyclical nature of the sun's energy output is not yet fully understood; it differs from the very slow change that is happening within the sun as it ages and evolves. While most research indicates solar variability has induced a small cooling effect from 1750 to the present, a few studies point toward solar radiation increases from cyclical sunspot activity affecting global warming.[17] [18]

Orbital variations

Slight variations in Earth's orbit lead to changes in the seasonal distribution of sunlight reaching the Earth's surface and how it is distributed across the globe. There is very little change to the area-averaged annually averaged sunshine; but there can be strong changes in the geographical and seasonal distribution. The three types of orbital variations are variations in Earth's eccentricity, changes in the tilt angle of Earth's axis of rotation, and precession of Earth's axis. Combined together, these produce Milankovitch cycles which have a large impact on climate and are notable for their correlation to glacial and interglacial periods,[19] their correlation with the advance and retreat of the Sahara,[19] and for their appearance in the stratigraphic record.[20]

Volcanism

Volcanism is a process of conveying material from the crust and mantle of the Earth to its surface. Volcanic eruptions, geysers, and hot springs, are examples of volcanic processes which release gases and/or particulates into the atmosphere.
Eruptions large enough to affect climate occur on average several times per century, and cause cooling (by partially blocking the transmission of solar radiation to the Earth's surface) for a period of a few years. The eruption of Mount Pinatubo in 1991, the second largest terrestrial eruption of the 20th century[21] (after the 1912 eruption of Novarupta[22]) affected the climate substantially. Global temperatures decreased by about 0.5 °C (0.9 °F). The eruption of Mount Tambora in 1815 caused the Year Without a Summer.[23] Much larger eruptions, known as large igneous provinces, occur only a few times every hundred million years, but may cause global warming and mass extinctions.[24]
Volcanoes are also part of the extended carbon cycle. Over very long (geological) time periods, they release carbon dioxide from the Earth's crust and mantle, counteracting the uptake by sedimentary rocks and other geological carbon dioxide sinks. According to the US Geological Survey, however, estimates are that human activities generate more than 130 times the amount of carbon dioxide emitted by volcanoes.[25]

Ocean variability


A schematic of modern thermohaline circulation
The ocean is a fundamental part of the climate system. Short-term fluctuations (years to a few decades) such as the El NiƱo–Southern Oscillation, the Pacific decadal oscillation, the North Atlantic oscillation, and the Arctic oscillation, represent climate variability rather than climate change. On longer time scales, alterations to ocean processes such as thermohaline circulation play a key role in redistributing heat by carrying out a very slow and extremely deep movement of water, and the long-term redistribution of heat in the world's oceans.

Human influences


Increase in Atmospheric CO2 Levels
Anthropogenic factors are human activities that change the environment. In some cases the chain of causality of human influence on the climate is direct and unambiguous (for example, the effects of irrigation on local humidity), while in other instances it is less clear. Various hypotheses for human-induced climate change have been argued for many years. Presently the scientific consensus on climate change is that human activity is very likely the cause for the rapid increase in global average temperatures over the past several decades.[26] Consequently, the debate has largely shifted onto ways to reduce further human impact and to find ways to adapt to change that has already occurred.[27]
Of most concern in these anthropogenic factors is the increase in CO2 levels due to emissions from fossil fuel combustion, followed by aerosols (particulate matter in the atmosphere) and cement manufacture. Other factors, including land use, ozone depletion, animal agriculture[28] and deforestation, are also of concern in the roles they play - both separately and in conjunction with other factors - in affecting climate, microclimate, and measures of climate variables.

Physical evidence for climatic change

Evidence for climatic change is taken from a variety of sources that can be used to reconstruct past climates. Reasonably complete global records of surface temperature are available beginning from the mid-late 1800s. For earlier periods, most of the evidence is indirect—climatic changes are inferred from changes in proxies, indicators that reflect climate, such as vegetation, ice cores,[29] dendrochronology, sea level change, and glacial geology.

Historical and archaeological evidence

Climate change in the recent past may be detected by corresponding changes in settlement and agricultural patterns.[30] Archaeological evidence, oral history and historical documents can offer insights into past changes in the climate. Climate change effects have been linked to the collapse of various civilisations.[30]

Glaciers

Variations in CO2, temperature and dust from the Vostok ice core over the last 450,000 years

Decline in thickness of glaciers worldwide
Glaciers are considered among the most sensitive indicators of climate change,[31] advancing when climate cools and retreating when climate warms. Glaciers grow and shrink, both contributing to natural variability and amplifying externally forced changes. A world glacier inventory has been compiled since the 1970s, initially based mainly on aerial photographs and maps but now relying more on satellites. This compilation tracks more than 100,000 glaciers covering a total area of approximately 240,000 km2, and preliminary estimates indicate that the remaining ice cover is around 445,000 km2. The World Glacier Monitoring Service collects data annually on glacier retreat and glacier mass balance From this data, glaciers worldwide have been found to be shrinking significantly, with strong glacier retreats in the 1940s, stable or growing conditions during the 1920s and 1970s, and again retreating from the mid 1980s to present.[32]
The most significant climate processes since the middle to late Pliocene (approximately 3 million years ago) are the glacial and interglacial cycles. The present interglacial period (the Holocene) has lasted about 11,700 years.[33] Shaped by orbital variations, responses such as the rise and fall of continental ice sheets and significant sea-level changes helped create the climate. Other changes, including Heinrich events, Dansgaard–Oeschger events and the Younger Dryas, however, illustrate how glacial variations may also influence climate without the orbital forcing.
Glaciers leave behind moraines that contain a wealth of material—including organic matter, quartz, and potassium that may be dated—recording the periods in which a glacier advanced and retreated. Similarly, by tephrochronological techniques, the lack of glacier cover can be identified by the presence of soil or volcanic tephra horizons whose date of deposit may also be ascertained.

Vegetation

A change in the type, distribution and coverage of vegetation may occur given a change in the climate; this much is obvious. In any given scenario, a mild change in climate may result in increased precipitation and warmth, resulting in improved plant growth and the subsequent sequestration of airborne CO2. Larger, faster or more radical changes, however, may well[weasel words] result in vegetation stress, rapid plant loss and desertification in certain circumstances.[34]

Ice cores

Analysis of ice in a core drilled from a ice sheet such as the Antarctic ice sheet, can be used to show a link between temperature and global sea level variations. The air trapped in bubbles in the ice can also reveal the CO2 variations of the atmosphere from the distant past, well before modern environmental influences. The study of these ice cores has been a significant indicator of the changes in CO2 over many millennia, and continues to provide valuable information about the differences between ancient and modern atmospheric conditions.

Dendroclimatology

Dendroclimatology is the analysis of tree ring growth patterns to determine past climate variations. Wide and thick rings indicate a fertile, well-watered growing period, whilst thin, narrow rings indicate a time of lower rainfall and less-than-ideal growing conditions.

Pollen analysis

Palynology is the study of contemporary and fossil palynomorphs, including pollen. Palynology is used to infer the geographical distribution of plant species, which vary under different climate conditions. Different groups of plants have pollen with distinctive shapes and surface textures, and since the outer surface of pollen is composed of a very resilient material, they resist decay. Changes in the type of pollen found in different layers of sediment in lakes, bogs, or river deltas indicate changes in plant communities. These changes are often a sign of a changing climate.[35][36] As an example, palynological studies have been used to track changing vegetation patterns throughout the Quaternary glaciations[37] and especially since the last glacial maximum.[38]

Insects

Remains of beetles are common in freshwater and land sediments. Different species of beetles tend to be found under different climatic conditions. Given the extensive lineage of beetles whose genetic makeup has not altered significantly over the millennia, knowledge of the present climatic range of the different species, and the age of the sediments in which remains are found, past climatic conditions may be inferred.[39]

Sea level change

Global sea level change for much of the last century has generally been estimated using tide gauge measurements collated over long periods of time to give a long-term average. More recently, altimeter measurements — in combination with accurately determined satellite orbits — have provided an improved measurement of global sea level change.[40] To measure sea levels prior to instrumental measurements, scientists have dated coral reefs that grow near the surface of the ocean, coastal sediments, marine terraces, ooids in limestones, and nearshore archaeological remains. The predominant dating methods used are uranium series and radiocarbon, with cosmogenic radionuclides being sometimes used to date terraces that have experienced relative sea level fall.

Courtesy of wikipedia

Carbon Market

From Wikipedia, the free encyclopedia

A coal power plant in Germany. Due to emissions trading, coal may become a less competitive fuel than other options.
Emissions trading (also known as cap and trade) is a market-based approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants.[1]
A central authority (usually a governmental body) sets a limit or cap on the amount of a pollutant that can be emitted. The limit or cap is allocated or sold to firms in the form of emissions permits which represent the right to emit or discharge a specific volume of the specified pollutant. Firms are required to hold a number of permits (or credits) equivalent to their emissions. The total number of permits cannot exceed the cap, limiting total emissions to that level. Firms that need to increase their emission permits must buy permits from those who require fewer permits (Stavins 2001, p 4.).[1] The transfer of permits is referred to as a trade. In effect, the buyer is paying a charge for polluting, while the seller is being rewarded for having reduced emissions. Thus, in theory, those who can reduce emissions most cheaply will do so, achieving the pollution reduction at the lowest cost to society.[2]
There are active trading programs in several air pollutants. For greenhouse gases the largest is the European Union Emission Trading Scheme.[3] In the United States there is a national market to reduce acid rain and several regional markets in nitrogen oxides.[4] Markets for other pollutants tend to be smaller and more localized.

What is carbon credit trading

Carbon Credit Trading


Time to change?
Purchasing carbon credits to offset harmful emissions is a popular carbon reducing option. Investors can invest in companies that provide credits for carbon emissions, through forestry plantations for example, which are then sold on.
If you are looking to trade credits or indeed if you are having difficulty meeting your targets and need credit, contact us today.
Whilst the search for alternatives to fossil fuels is well under way, fossil fuels continue to be used as a main energy source, and in the future they will still provide key uses, albeit reduced. This in mind, carbon reduction is today, of vital significance to ensure sustainability and solutions our world’s energy issues. Carbon reduction technology is imperative to reduce the damaging environmental effects, created by traditional fossil fuels.
For these reasons, investment into the advancement of carbon reducing technology is a viable and profitable option for incisive investors to consider.
The carbon market is one of considerable sizeable and importance, as the entire world appears united in efforts to reduce carbon footprints. Carbon reduction is already becoming mainstream with many companies adopting these technologies. Investment into this market now, will yield highly lucrative returns in the years to come.
Carbon reduction for companies may also be in the form of purchasing carbon credits to offset any harmful emissions that are produced through their operations.
ROI
Purchasing carbon credits to offset harmful emissions is a popular carbon reducing option. Investors can invest in companies that provide credits for carbon emissions, through forestry plantations for example, which are then sold on