Carbon Footprints

EU calls for “global carbon market” after 2012
At the COP-11 meeting in Montreal next month, the EU will boast achievements such as the launch of the Europe-wide CO2 Emissions Trading Scheme in January this year. It will recommend that other nations join and build “a global carbon market” that would exploit the full potential of [...]

From today’s washington post, Expert: Warming Trends Could Plague N.M.
ALBUQUERQUE — Warming trends could cause more water shortages in New Mexico, a climatologist predicts. Experts point to carbon dioxide emissions at the primary cause of global warming.
Researchers are trying to prove that fossil fuel emissions have increased the amount of carbon dioxide in the air, [...]

There is an article in today’s Business News Americas stating “CAF, Spain sign agreement for 9Mt worth of carbon credits“.
The Andean Development Corporation (CAF) has signed an agreement with Spain to buy 9 million tonnes of CO2 equivalents as carbon credits from Clean Development Mechanism (CDM) projects in Latin American and Caribbean countries, CAF said [...]

Bloomberg are reporting just now that Hurricane Wilma Is 12th Atlantic Hurricane, Tying 1969 Record.
Wilma became the 12th hurricane of the Atlantic Ocean season today, tying a 1969 record. National Hurricane Center forecasters expect the storm’s winds to reach at least 111 mph later this week as it heads toward Florida.

From Scoop: Castalia Report: Need to Focus on Forestry Sinks
A report by leading strategic consultants, Castalia, showing it would be impossible for New Zealand to reduce carbon emissions without seriously undermining our economy, is further evidence previous climate change policy was flawed in not encouraging carbon sinks, the Kyoto Forestry Association said today.
“If we can’t [...]

From Reuters: Australia urged to review stance on carbon trading
As one of the globe’s most intensive emitters of greenhouse gases, Australia needs to review its reluctance to establish a national system for trading carbon credits, the International Energy Agency (IEA) said on Friday.

Technorati Tags: Australia, carbon credits, climate change, politics

From the Prague Monitor: Czech Republic starts trading in carbon credits
The Czech Republic yesterday started trading in carbon credits and companies that pollute air with sulphur dioxide may therefore apply for the credits through the internet, Environment Ministry spokesman Karolina Sulova said.

Technorati Tags: climate change, eco

Just a short note: HSBC buys carbon credits in New Zealand
WELLINGTON, New Zealand (UPI) — British financial giant HSBC Group PLC has bought so-called carbon credits on the international market to cut its own emissions to zero.
I’m not sure what’s ’so-called’ about them, or indeed what sort of carbon credits they bought. But it’s [...]

From an article in Business News America: “CAF, Spain sign agreement for 9Mt worth of carbon credits”
The Andean Development Corporation (CAF) has signed an agreement with Spain to buy 9 million tonnes of CO2 equivalents as carbon credits from Clean Development Mechanism (CDM) projects in Latin American and Caribbean countries, CAF said in a statement.

Saw this in today’s South African Sunday Times: Emissions deal concluded.
Carbon Solutions Africa (Carbon SA) says it has concluded an agreement with an unnamed European company, which will see it buy and trade 5-million tons of certified emissions reductions until the end of 2012.
Carbon SA is a joint venture between Cape Town-based CDM Africa [...]