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AkzoNobel carbon credit

Shipping Industry Carbon Credits Developed

AkzoNobel’s Marine Coatings business and The Gold Standard Foundation have developed a carbon credit methodology for the international shipping industry that they say is the first of its kind. Certification by The Gold Standard for the peer-reviewed methodology will allow ships to generate carbon credits — thus income — for … Read more »

Merged Company Launches Reforestation Program

Touchlink Communications has changed its name to Asia Green and signed a merger agreement with Asia Green, a Vietnamese company, to launch its agroforestry and reforestation program in Vietnam. Asia Green’s Vietnam-based subsidiary has acquired 75 percent equity ownership in Hoan Vu LLC, a Vietnamese company that has been granted 1,400 … Read more »

Chevrolet Paying Colleges for Carbon Reductions

Chevrolet is helping colleges make money from their greenhouse gas reductions that result from energy efficiency programs. The automaker developed a formula where campuses can earn money for certain upgrades that reduce greenhouse gas emissions. It is investing in clean energy initiatives and says such funding enables universities to reduce … Read more »

Watts Bar 1

Policy & Enforcement Briefing: Nuclear and Hydro Approval, Ozone Standards

The Nuclear Regulatory Commission has concluded that there are no environmental impacts would preclude issuing an operating license for the Tennessee Valley Authority’s under-construction, 1,150 MW Watts Bar 2 nuclear reactor near Spring City, Tenn. The NRC continues its safety review of the license application, and expects to update its Final Safety Evaluation Report … Read more »

America’s Cup Sets Carbon Neutral Target

The America’s Cup has partnered with Offsetters Climate Solutions in an effort to make the 34th annual sailing event carbon neutral. This summer’s San Francisco race will be the first in the America’s Cup history to have an official carbon credit supplier, according to the America’s Cup Event Authority. In … Read more »

N. American Carbon Markets to ‘More Than Double’ This Year

This year, North American carbon markets will more than double in value to $2.5 billion, according to market intelligence firm Thomson Reuters Point Carbon. The growth will be driven by activity in California, whose market will increase over four-fold year-on-year to 186 Mt. Strong demand for California carbon allowances (CCAs), … Read more »

Chevy Buys IdleAir CO2 Credits

Chevrolet says it will purchase up to 75,000 metric tons worth of carbon credits created by the IdleAir truck stop electrification project. Chevy is supporting various energy-efficiency, renewable energy and conservation initiatives in its goal to prevent up to 8 million metric tons of CO2 from entering the earth’s atmosphere … Read more »

Tokyo Cap-and-Trade Cuts CO2 23% in Second Year

Tokyo’s cap-and-trade program has achieved a 23 percent reduction in emissions in its second year, according to a report published by the Tokyo Metropolitan Government (TMG). The fiscal year 2011 report compiled GHG emissions reports, submitted by the end of November 2012, from 934 facilities. TMG found total emissions for … Read more »

Calif. Carbon Credits Could be Free to Firms at Risk of Leaving State

The California Air Resources Board – the state’s air regulator – is considering giving free carbon credits for its forthcoming cap-and-trade program to companies deemed to be at risk of leaving the state when the program comes into force, according to reports. CARB, which will regulate the new program, is … Read more »

Carbon-Neutral Banks ‘Aren’t Greener’

Banks are fooling investors and the public with false claims of carbon neutrality, according to a report from carbon data publishing site Ecodesk. In the Sustainability & Finance report, Ecodesk says that companies purchasing carbon credits are “buying their way” into a perception of sustainability, and that those banks claiming … Read more »

Carbon Credits ‘Questionable’; Truckers Earning Carbon Offsets

Most carbon credits certified in India are “questionable” and do not represent real greenhouse gas reductions, according to a Wikileaks cable. An American diplomatic cable from July 2008, described in the Daily Telegraph, quoted a senior Indian carbon credit assessor as saying that no Indian projects meet international standards for … Read more »

The State of Maine: Efforts to Sell Carbon Credits Obtained from Weatherization

Like many corporate entities and governmental bodies, Maine has enthusiastically embraced the movement to limit, reduce, or remove greenhouse gas (“GHG”) emissions from the environment. Section 576, Title 38 of the Maine Revised Statutes lays the foundation for Maine’s GHG goals, which includes the reduction of GHG emissions to 10% … Read more »