Browsing All posts tagged under »Carbon offsets«

Carbon Offsets: Pros and Cons

May 7, 2011 by

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A carbon offset is a reduction in emissions of carbon dioxide or greenhouse gases made in order to compensate for or to offset an emission made elsewhere. It is measured in metric tons of carbon dioxide-equivalent (CO2e). One carbon offset represents the reduction of one metric ton of carbon dioxide or its equivalent in other […]

Aircraft GHG emissions under EU-ETS : Regulations in making

January 25, 2011 by

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International emissions from aviation transport are excluded from the targets set for developed countries by the Kyoto Protocol and the UNFCCC. The International Civil Aviation Organization (ICAO) has been given the responsibility to tackle the issue under the Kyoto Protocol. It is only recently that the ICAO had been able to reach agreement on binding […]

CCX discontinues the GHG cap-and-trade

January 25, 2011 by

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Chicago Climate Exchange (“CCX”) recently announced that they the CCX emission reduction program will be discontinued at the conclusion of its Phase I and Phase II program at the end of this year. CCX was launched in 2003 and it’s emission reduction program was the first voluntary greenhouse gas (“GHG”) cap-and-trade scheme in North America. […]

WCI’s GHG Cap and Trade – Will it create Clean Tech, energy security and Jobs?

January 25, 2011 by

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Western Climate Initiative has recently published its comprehensive strategy to address climate change and spur a clean energy economy. The stated targets include not only greenhouse gas (GHG) emissions reduction, but also clean technologies development, green jobs creation, energy security, betterment of public health, and significant cost savings. The primary target of the WCI strategy […]

EPA expands the GHG reporting rules to oil and gas

November 19, 2010 by

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Last week, the U.S. EPA finalized rules that expand the EPA’s Mandatory GHG Reporting Rule applicable to the petroleum and natural gas industry. The rule for GHG was originally created in October 2009 and was applicable to about 10,000 facilities across 31 categories – mainly energy intensive sectors such as iron and steel, glass, cement, […]

GHG guidelines for states issued by EPA

November 18, 2010 by

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The Environmental Protection Agency (EPA) has recently released guidelines for states to issue permits for industrial facilities that are major sources of greenhouse gas (GHG) emissions. These guidelines will be relevant to the states when new federal regulations take effect on January 2, 2011. These guidelines have been crafted to give states flexibility in deciding […]

Aircraft GHG emissions under EU-ETS: Regulations in making

October 26, 2010 by

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International emissions from aviation transport are excluded from the targets set for developed countries by the Kyoto Protocol and the UNFCCC. The International Civil Aviation Organization (ICAO) has been given the responsibility to tackle the issue under the Kyoto Protocol. It is only recently that the ICAO had been able to reach agreement on binding […]