In 2019, the illegal wildlife trade reached staggering levels. Pangolin scales and ivory were being trafficked in massive quantities from Africa to Asia, exposing a network of crime syndicates operating at an industrial scale. The sheer volume of these shipments marked a disturbing milestone, one that revealed the global reach …
The need for a reduction in carbon emissions was debated at the United Nations Conference on Environment & Development (The Earth Summit) in Rio de Janeiro in 1992, resulting in the adoption of United Nations Framework Convention on Climate Change (UNFCCC), an international treaty on environment. The Kyoto Protocol, 1998, …
India has emerged as the second largest seller of carbon credits in the global market with six per cent share in 2007, while China tops the list with a huge 73 per cent, a World Bank report said. "India and Brazil, at 6 per cent market share each, transacted the …
CERs to rise 75% this year; India accounts for 43% of emission reductions issued by global body. In the backdrop of an increasing threat of global climate change, the worldwide carbon credit market is expected to grow by nearly 75 per cent in 2008. "The carbon market size, which was …
Furnishes letter by Union MOS saying no deal has been signed with World Bank by any state or Centre Even as Chief Minister Prem Kumar Dhumal and his Congress predecessor Virbhadra Singh have already locked horns on the carbon credits issue, a sitting Lok Sabha member, Chander Kumar, today gave …
NOW that the first Rudd-Swan budget is behind us, the real test of the new Labor Government's economic management credentials emerges - climate change. Budgets are annual set-piece events. In contrast, trying to layer an emissions trading scheme on an extraction economy like Australia's, as Woodside's chief executive Don Voelte …
Tata Motors may be in for a shock. Under a tough new emissions regime to be introduced by the European Union, Land Rover and Jaguar are likely to face emission fines of up to
The government's ban on four agricultural commodities may have hit commodity exchanges hard, but that did not stop the Multi Commodity Exchange of India (MCX) from trying to induce vibrancy in its carbon credit trading platform. MCX has roped in IDEAcarbon as its global strategic advisor on climate change policy. …
Senator John McCain sought to distance himself from US President George W. Bush on Monday as he called for a mandatory limit on greenhouse gas emissions in the United States to combat climate change. Mr McCain, in a speech at a wind power company, also pledged to work with the …
Personal carbon trading has been shelved by Government after a Defra study concluded it would be too expensive and would not be accepted by the public. In a 2006 speech, then Environment Secretary David Miliband said there was potential to create a system where individuals carried bank cards that stored …
COLOGNE: The global carbon market more than doubled in 2007 from 2006 to $64 billion, the World Bank said in a study issued on Wednesday. The centerpiece, the European Union emissions trading program doubled in value to $50 billion from a year earlier, the study said. The Kyoto offset market, …
This just in from Climate Counts, the nonprofit group that scores consumer products companies on their green track records: consumer companies are getting greener, but they are still a pretty carbon-intensive lot. On Wednesday, the group was to release its second annual ranking of 56 consumer companies on how they …
A European Union proposal to auction all carbon dioxide perm its rather than hand some out for free would cost Germany 113 billion euros($175.6 billion) in the eight years through 2020, according to industry group VIK. Both industrial and household consumers would bear the cost as energy providers raise tariffs …
A new international accord to fight global warming must extend greenhouse-gas limits to poorer nations that have fought caps for years, British economist Nicholas Stern said. All countries must pitch into reduce emissions by a combined 50%and help avoid dangerous temperature increases, Stern said in a report released in the …
Market-based incentives for additional greenhouse gas emission reductions for project activities offer new opportunities in developing countries. The revenue from Clean Development Mechanism (CDM) projects can ensure financial viability of energy conservation and cost reduction measures in many industries. Carbon credits generation activity is growing at 80% in India. Though …
You can stop berating yourself for buying that Spanish clementine or New Zealand lamb. Although lists of "what you can do to save the planet" include eating locally
Green Ventures India aims to offer technology and advisory services in return for securing carbon credits Positioned as an emissions commodity asset management company, the Green Ventures India Group (gvig) is a fund with a difference. A sub-advisor to Green Ventures International Ltd, a privately held asset management firm headquartered …
The European Union is set to consider plans to make carbon capture and storage mandatory for new coal fired power stations in an effort to significantly reduce the emissions of the energy sector. With the stick is likely to come a carrot, however, with early adopters possibly picking up bonus …
The purpose of this report is not to prescribe specific instruments or technologies. Different technologies and different policy instruments can be applied to different sectors and countries. Indeed, the more differentiated the global strategy, the greater the scope for learning, so it is important not to be unduly prescriptive on …
