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Archive for the ‘Credits’ Category

Report finds GreenPower market improves; other companies still misleading consumers about renewable energy products

Posted by gmarkets on 17 October, 2007

A report by the Total Environment Centre, Australian Conservation Fund and World Wildlife Fund Australia found that the GreenPower market – government-accredited new, renewable energy sourced from wind, water, waste or the sun – had improved in recent years, but some companies were still misleading consumers about the products they sold, reported The Sydney Morning Herald (8/10/2007, p. 8).

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Posted in Credits, Emissions, Green Markets 1003, Renewables | 1 Comment »

Carbon offset schemes should be formally accredited to allow consumer confidence

Posted by gmarkets on 17 October, 2007

Carbon offset schemes should be formally accredited, according to tourism lobby group Tourism and Transport Forum, wrote Melissa Ketchell in The Courier Mail (8/10/2007, p.33).

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Posted in Credits, Green Markets 1003, Offsets | Leave a Comment »

Troubled NSW carbon credit producer Easy Being Green told to switch from collapsed $6.50 NGAC market to APX-traded VERs at $8.75

Posted by gmarkets on 3 October, 2007

Australian Climate Exchange (ACX) Managing Director, Tim Hanlin has called upon troubled NSW carbon credit producer Easy Being Green to switch their focus from the oversupplied NGAC market to produce Greenhouse Friendly VERs, the rising star of the Australian Emissions trading scene.

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Posted in Credits, NGAC, NSW, VERs | Leave a Comment »

Many large corporations able to escape need to trade emissions due to limited number of installations and over-allocation of allowances

Posted by gmarkets on 27 September, 2007

The empirical analysis of 331 Global 500 firms sug­gests that the EU-ETS forms the most prominent scheme and, as a consequence, most firms have their emissions trading activities linked to this scheme, according to Pinkse, J. and Kolk, A., in ‘Multinational Corporations and Emissions Trading’ in European Management Journal (2007).

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Posted in Credits, Emissions Trading, Green Markets 0920 | Leave a Comment »

NSW State Government blames Federal Government for the collapse of the NSW NGAC to $6

Posted by gmarkets on 26 September, 2007

The NSW state Minister for Climate Change, the Environment and Water, Phil Koperberg, said in an email to The Sydney Morning Herald, (12/9/2007, p.4) yesterday that the NGAC price fall was a direct result of an ill-conceived announcement by the Federal Government in July that the NSW scheme would be scrapped if a national emissions trading scheme was introduced.

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Posted in Credits, Green Markets 0920 | Leave a Comment »

REC price mellows: $35.75 – small drop from highs reached two weeks ago; dramatic rise after Fed opposition announcement to increase MRET

Posted by gmarkets on 25 September, 2007

On the back of a big proceeding week, the REC market mellowed last week, according to The Green Room.

Recs price

Spot activity: A number of trades were reported in the spot variety: several of them were 10K or above, but all of them took place at $35.75. This level seemed to hit the mark for buyers and sellers and represents only a small drop form the highs reached two weeks ago.

REC price bounce on ALP MRET pledge: The graph above depicts what REC sellers may be referring to as ‘superb September’. After prices remained steady for several months (between $31.00-$32.00), the start of September saw a dramatic increase after a Federal opposition announcement to increase MRET. Though not an actual policy announcement and instead an indication of what will be announced when the ‘real’ election campaign begins, it appeared enough to brighten the outlook in the market.

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Posted in Carbon Price, Credits, Green Markets 0920 | Leave a Comment »

Flannery swoops in to PNG to do deals with villages: plans a forest-trading carbon market with Google Earth satellite data and “ebay-like” trade, by industrial firms

Posted by gmarkets on 20 September, 2007

Australian of the Year Dr Flannery gave an address in the Papua New Guinea capital, Port Moresby, calling on industrialised nations buy credits he would sell on behalf of PNG villages, reported The Canberra Times (21/8/2007, p. 2). Read the rest of this entry »

Posted in Biodiversity, Climate, Credits, Forest, Green Markets 0919, Land, PNG | Leave a Comment »

Indonesia orders Bali lobbying-frenzy to reverse first-round Kyoto agreement that does not include tradeable emissions from forest land

Posted by gmarkets on 20 September, 2007

The APEC summit will help set the stage for the UN climate change conference in Bali in December by putting the Kyoto protocol to one side “and just talking about the Earth”, according to Indonesia’s Environment Minister, reported The Australian (4/9/2007, p.7). Read the rest of this entry »

Posted in Asia, Biofuels, Carbon Price, Credits, Forest, Global, Green Markets 0919, Indonesia, Kyoto, Policy | Leave a Comment »

Federal Court case: Monaro district grazier seeks billions of dollars in compensation from Fed Govt for carbon credit payments denied to farmers

Posted by gmarkets on 20 September, 2007

The bid in the Federal Court by Monaro district grazier, Peter Spencer, to seek billions of dollars in compensation from the Federal Government for carbon credit payments denied to farmers, was to come up for a further hearing in Canberra on 31 August, reported The Land (30/8/2007, p.14). Read the rest of this entry »

Posted in Agriculture, Biofuels, Credits, Federal, Green Markets 0919, Policy, Vegetation | Leave a Comment »

Plankton boost salvation? Credits wanted for ocean-urea-sprinkling: plot is $10 to $15 per cost per tonne of CO2 abated; cheaper than $50t cost of CO2-dumps

Posted by gmarkets on 20 September, 2007

According to Ian Jones, head of the Ocean Technology Group at the University of Sydney, Australia, and director of the Ocean Nourishment Corporation (ONC) the way to make money from carbon credits at lowest-cost was ocean-urea-sprinkling. Read the rest of this entry »

Posted in CCS, CO2 Dumps, Credits, Green Markets 0919, Marine | 1 Comment »