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Carbon Market News: This Weeks Headlines
Tuesday, 20 Feb, 2010
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Zero-carbon Olympic Games: Motorists Pay Emissions Tax: Caribbean Needs to do More: De Boer Quits and more…
Green Code Unveiled for Zero-Carbon Games
Indian Express Feb 18 2010 www.indianexpress.com/news/Green-code-unveiled-for-zero-carbon-Games/581172/
An ecological code for the Commonwealth Games was released on Wednesday, encapsulating a series of measures to be taken by the Delhi government as well as the Games organising committee to offset the carbon footprint left by the event.
Five B.C. Firms to Supply Winter Olympic Carbon Credits
TheTyee.ca Feb 16 2010thetyee.ca/Blogs/TheHook/Olympics2010/2010/02/15/Five-BC-firms-to-supply-Olympic-carbon-credits/
Olympic organizers have selected five British Columbia firms to offset emissions generated by the Winter Games through new carbon-reducing energy projects to be completed over the next three years.
Motorists to Pay Carbon Emissions Tax from September
City Press Feb 18 2010 www.citypress.co.za/Content/Business/News/2205/406fb770e596480fa3ca61e4e882a1e2/17-02-2010-02-45/Motorists_to_pay_carbon_emissions_tax_from_September
From September, vehicle buyers in South Africa will be slapped with a value-based carbon emissions tax on new passenger cars.
UN Report Urges Greater Green Efforts in Latin America and the Caribbean
UN News Centre Feb 18 2010www.un.org/apps/news/story.asp
A UN report calls for greater efforts to advance environmentally sustainable development in Latin America and the Caribbean, which has witnessed the constant reduction of forest areas and the sustained increase of carbon dioxide emissions.
De Boer Quits UN Post in ‘Sad Day’ for Carbon Market
Business Week Feb 19 2010 www.businessweek.com/news/2010-02-18/de-boer-quits-un-climate-post-in-sad-day-for-carbon-market.html
Yvo de Boer is quitting his post as the United Nations’s climate chief, casting doubt on the effort to establish a worldwide market aimed at reducing the emissions blamed for global warming.
Maersk Cuts Fuel Use, Emissions 30% by Slowing Down
Environmental Leader Feb 19 2010 www.environmentalleader.com/2010/02/18/maersk-cuts-fuel-use-emissions-30-by-slowing-down/
Danish shipping company Maersk has cut fuel consumption on major routes by as much as 30%, as well as reduced greenhouse gas emissions by an equal amount by cutting the top cruising speed of its ships in half.
Malaysia to Reap Benefit from Carbon Projects: Trade Commissioner
My Sinchew Feb 19 2010 www.mysinchew.com/node/35376
Malaysia has vast potential to reap immense investment value from carbon projects, says Australia’s Asean Trade Commissioner Garth Taylor.
Green Energy Resources Lands Consulting Contract for USD 350m International Carbon Credit Project
Market Watch Feb 19 2010 www.marketwatch.com/story/green-energy-resources-lands-consulting-contract-for-350-million-international-carbon-credit-project-cdm-2010-02-18
Green Energy Resources has landed a consulting contract with 2 international companies to restore forest land in Nicaragua devastated by Hurricane Felix in 2007.
Australian Emissions Vote Delayed
The Age Feb 19 2010www.theage.com.au/national/emissions-vote-delayed-20100218-oius.html
The Rudd government will delay pushing ahead with its emissions trading scheme, prompting an accusation by Opposition Leader Tony Abbott that it is planning one of the ”all-time great political backflips”.
UK Climate Change Department Sends Staff on Hundreds of Domestic Flights
Telegraph Feb 18 2010www.telegraph.co.uk/earth/environment/climatechange/7257576/Climate-change-department-sends-staff-on-hundreds-of-domestic-flights.html
The Government department set up to tackle climate change has paid for more than 1,000 internal flights around Britain despite telling the public to cut down on air travel.
UN Emission Board Split on Renewable-Energy Projects
Business Week Feb 18 2010 www.businessweek.com/news/2010-02-17/un-emission-board-split-on-renewable-energy-projects-update1-.html
Regulators who oversee the world’s second-biggest emissions market are split on how to approve renewable-energy projects that receive subsidies from developing nations such as China, the board’s chairman said.
Economists Hail EU Emissions Trading Success
Business Green Feb 16 2010 www.businessgreen.com/business-green/news/2257877/economists-hail-eu-emissions
The widespread view that the EU’s emissions trading scheme has failed to deliver expected reductions in emissions "cannot be sustained on the basis of the evidence", according to a major new study of the first phase of the scheme.
Valere Tjolle is editor of the 2010 Sustainable Tourism Report Suite details at:www.travelmole.com/stories/1141006.php
Valere
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