Weak consumption in the People’s Republic of China will partly offset robust domestic demand in South Asia. Disinflation is expected to continue, driven by lower food and energy prices, along with the lagged effects of previous monetary policy tightening. The region’s high-income technology exporters remain a bright spot, benefiting from …
Today at San Francisco International Airport (SFO) we are launching the Climate Passport program allowing travelers to offset the impact of their air travel through an airport kiosk. This will be the world's first airport kiosk-giving people the opportunity to calculate the environmental impact of their flights and purchase carbon …
Today at San Francisco International Airport (SFO) we are launching the Climate Passport program allowing travelers to offset the impact of their air travel through an airport kiosk. This will be the world's first airport kiosk-giving people the opportunity to calculate the environmental impact of their flights and purchase carbon …
Japan's target for a 25 percent cut in greenhouse gas emissions by 2020 could include purchases of carbon credits from abroad, the country's new environment minister said on Thursday. "I'd like to reiterate our party's stance that we could use measures including the Kyoto mechanism," Sakihito Ozawa, told a news …
New Zealand needs a sweeping emissions trading scheme to cover all sectors and greenhouse gases besides balancing economic and environmental concerns, Climate Change Minister Nick Smith said on Thursday. The minority National-led government is looking to broker a deal for an emissions trading scheme, or ETS, that will play a …
Lobbyist pressure will not weigh on a U.N. panel's decision whether to award carbon finance worth about 100 million euros ($144 million) to Chinese wind power projects, said the chair of the panel on Tuesday. "If you add it all up there are quite a number of projects, all from …
Confusing and conflicting regulations are scaring away investors from Indonesia's fledgling forest carbon credit scheme aimed at curbing deforestation, lawyers said on Monday. A U.N.-backed scheme called reduced emissions from deforestation and degradation (REDD) could potentially unlock billions of dollars in annual carbon credit sales for developing nations that protect …
The Maldives archipelago, threatened by rising sea levels blamed on climate change, said on Monday it would introduce a new environment tax on all tourists who use its resorts and provide its economic lifeline. Famed mostly for high-end luxury resorts and white-sand atolls, the Maldives has made a name for …
Despite the many calls to reform the Clean Development Mechanism (CDM), its conceptual underpinnings are strong and it will most likely survive in the post-2012 climate regime. Some modifications may be considered in the short term to strengthen the effectiveness and transparency of the mechanism without modifying the Marrakech Accords. …
As the fi nancial crisis continues to take its toll on the global economy, another serious challenge looms large: preventing the planet from warming more than 3.6 degrees Fahrenheit. Policymakers are now faced with the daunting task of stimulating growth without using carbon-intensive practices and stabilizing the climate without dampening …
Industrialized nations can deepen planned cuts in greenhouse gas emissions to shore up a U.N. climate treaty due in December but analysts say there are risks they will promise more than they deliver. Measures such as paying to protect tropical forests -- which soak up carbon as they grow -- …
The White House budget update released on Tuesday still reflects a controversial Obama administration plan to combat global warming by auctioning all permits to emit greenhouse gases even though Congress has said it will give away a substantial portion to industry. The mid-session budget review from the Office of Management …
Concern over climate change has led the U.S. to consider a cap-and-trade system to regulate emissions. Here we illustrate the land-use impact to U.S. habitat types of new energy development resulting from different U.S. energy policies. We estimated the total new land area needed by 2030 to produce energy, under …
Amanda Sutton looks over a wheat field in northern Colorado and sees a potential "carbon offset project" that could help curb greenhouse gas emissions linked to global warming. "This is a patch of highly-cultivated land that could provide potential carbon offsets," she said, standing by the field which is owned …
Plans by India to force renewable energy developers to share up to half their carbon offset revenues could prove complex to administer and deter investment, carbon market participants say. India's Central Electricity Regulatory Commission issued draft rules in May to harmonise the power price premium which state-owned distribution firms must …
When implemented properly, an early action component of a cap-and-trade program can reward early actors while preserving or enhancing the environmental outcomes of the cap-and-trade program. If designed and implemented poorly, however, early action credits can infl ate the emissions cap and reduce the overall environmental integrity of the program. …
Australian plans for a sweeping carbon trade scheme opened new divisions within the opposition parties on Friday, boosting hopes Prime Minister Kevin Rudd will win approval for his plan and avoid a possible snap election. Rudd, who remains well ahead in the polls, could have the option of an early …
A leading standard setter for voluntary carbon market offsets said on Wednesday it has eased its rules for Canadian projects that aim to cut emissions of greenhouse gases to issue carbon credits. The Voluntary Carbon Standard Association said it would allow clean projects hosted in Canada to issue the offsets, …
