Carbon Offsets/RECs

Voluntary Carbon Market Found Lacking

Industry players in the voluntary carbon market are unhappy with the lack of meaningful emission cuts, yet voluntary emissions cuts continue to gain steam. For instance, ...

Cap-and-Trade Program Reduces NOx Emissions in Eastern U.S.

Summertime nitrogen oxide (NOx) emissions from power plants and large industrial sources were down by 62 percent compared to year 2000 levels and 75 percent lower ...

CBO Chief: Cap-and-Trade May Slightly Decrease GDP

Speaking before the Senate energy panel Oct. 14, the head of the Congressional Budget Office said that the cap-and-trade system included in the House ...

Restored Wetlands Considered for Carbon Offsets

As landowners increasingly market forest lands for their carbon offsets, other sources are being considered. Enter wetland restoration projects, which are known for helping absorb carbon ...

Goldman Sachs Sells $12M in Carbon Offsets in Largest Such U.S. Deal So Far

Goldman Sachs marketed $12 million worth of carbon offsets to CE2 Carbon Capital in what Goldman Sachs is calling the largest publicly announced U.S. ...

EU’s Reverse VAT on Carbon Offsets Intended to Reduce Fraud

To cut down on fraud in the carbon trading market, the European Union is proposing a reverse payment scheme for value added taxes (VAT) ...

UK Gives Tesco, Hilton 1-Year Passes on Buying Carbon Permits

Larger non-utility, non-manufacturer polluters in the UK are getting a one-year reprieve on having to purchase carbon offsets, reports Bloomberg. Starting in April 2011, ...

Vail Resorts Backs Away from Wind RECs

Vail Resorts Inc. has chosen not to renew its three-year commitment to buy wind-energy offset credits. Instead, the ski resort and hotel company is putting ...

UPS Lets Customers Offset CO2 of Shipments

UPS is offering eco-minded customers the option of paying a price to offset the emissions associated with shipment of their packages. The UPS ...

Emissions Traders Oppose Senate’s Limits on Carbon Credit Imports

Restricting cheap carbon credits that can be imported from poor countries in a proposed U.S. cap-and-trade system will drive up costs for consumers, according to the ...

Sierra Pacific Industries to Sell Offsets From Forest Lands

In a move that indicates commercial forest owners see financial potential from carbon markets, the largest private forest owner in California, Sierra Pacific Industries, is entering ...

Global Investors Favor Forest Carbon Market

A survey of investors, who manage approximately $7 trillion of assets, shows support for an expanded carbon market mechanism, which would address the estimated 20 percent ...

Caterpillar, FedEx Join Debate Over Carbon Tax Vs. Cap and Trade

Industry-leading businesses and associations are locking horns over the merits of a carbon tax versus a cap-and-trade program as passed in the House's climate legislation ...

Deloitte Reports Tax Implications for U.S. GHG Regulations

Whether the U.S. chooses a cap-and-trade scheme as passed in the House's climate bill in June or adopts a carbon tax, there will be tax ...

San Fran Fliers Can Offset Emissions at Climate Passport Kiosks

New kiosks at San Francisco International Airport will allow fliers to offset the carbon footprint of their flights. Three credit-card operated kiosks ...

New Zealand to Revise Emissions Trading Scheme

New Zealand will revise its Emissions Trading Scheme (ETS) to lower the costs to households and to reduce the impact on jobs, while ensuring a responsible ...

JP Morgan Boosts Carbon Trading Resume With EcoSecurities Buyout

Seeking to cement its status in the carbon-trading realm, JP Morgan has agreed to buy EcoSecurities for $204 million. In the bidding, JP Morgan beat out EcoSecurities co-founder and former president Pedro Moura Costa, ...

Feed-in Tariffs May Push Renewables More Than RECs

By establishing a set price, feed-in tariff (FiT) policies reduce the need for multiple incentives and complex financing through tax liabilities currently used to supplement renewable ...

More Carbon Market Fraud Unearthed

The biggest clean energy auditor in the world has been suspended by United Nations inspectors, the latest in a round of fraud headlines involving ...

GHG Allowances Fall 32% to $2.19 in RGGI Auction

The poor economy and a decrease in manufacturing activity led to a precipitous decline in greenhouse gas emissions allowances in the most recent Regional Greenhouse Gas ...