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South Korea to Increase Emissions Cap

South Korea is expected to introduce a carbon trading scheme that is about 3 percent larger than it had previously announced, according to Reuters. The South Korean government said last Thursday that it would distribute 1.687 billion metric tons of carbon-equivalent emission permits from 2015-17 as part of its trading … Read more »

South Korea to Increase Emissions Cap

South Korea is expected to introduce a carbon trading scheme that is about 3 percent larger than it had previously announced, according to Reuters. The South Korean government said last Thursday that it would distribute 1.687 billion metric tons of carbon-equivalent emission permits from 2015-17 as part of its trading … Read more »

Ben & Jerry’s Partnership Decreases GHGs, Increases Farm Profits

Ben & Jerry’s Partnership Decreases GHGs, Increases Farm Profits

Green Dream Farm in Enosburg Falls, Vt., expects to lower its greenhouse gas emissions by 12,900 metric tons over the next 10 years and save $30,000 annually as the result of a partnership with ice cream maker Ben & Jerry’s and NativeEnergy, a carbon offset and project development company. The … Read more »

industrial plant emissions

RGGI Carbon Auction Brings In $87.8 Million

Almost 18 million carbon allowances sold for $4.88 at the Regional Greenhouse Gas Initiative’s carbon auction on Sept. 3. The clearing price is slightly lower than that of the previous carbon auction, at which allowances sold for $5.02. The most recent allowances sold represent 100 percent of the allowances offered … Read more »

Carbon Offsetting Benefits $664 Per Credit, Study Says

Carbon Offsetting Benefits $664 Per Credit, Study Says

Offsetting 1 metric ton of carbon dioxide brings an additional $664 in benefits to the communities where carbon reduction projects are based, according to research by Imperial College London in partnership with the International Carbon Reduction and Offsetting Alliance. This meaning that businesses that are voluntarily offsetting their emissions are … Read more »

California capitol

Carbon Auction Raises $331.8M

California raised $331.8 million at its latest carbon auction, held Aug. 18. The state’s eighth cap-and-trade auction sold all 22.5 million allowances to release carbon emissions this year, with companies paying $11.50 a ton for the 2014 carbon credits. The state also sold an additional 6.5 million permits that can’t … Read more »

2015 eGolf

VW’s ‘Holistic Approach’ to Low-Carbon Cars

Volkswagen of America says starting with the launch of the zero-tailpipe emissions 2015 e-Golf model (pictured), it will invest in carbon reduction projects to offset emissions created from e-Golf production, distribution and up to approximately 36,000 miles of driving. VW also named SunPower as the official solar energy partner power … Read more »

United Airlines logo

United Airlines Offers Cargo Customers Emissions Reporting

United Airlines has launched a business tool for corporate cargo customers to track and offset the emissions associated with their air freight accounts. Using CarbonChoice, cargo customers with large-scale, regular shipments on United can receive customized emissions reports with options to offset their company’s carbon footprint through the airline’s partner, … Read more »

Australian Carbon Tax Repealed

Companies in Australia will no longer have to pay for their carbon emissions, following the government’s repeal of the so-called carbon tax, the New York Times reports. Scrapping the carbon tax was a key election promise made by Prime Minister Tony Abbott, who, upon election last year, demanded the upper … Read more »

coal power plant

Economy ‘Can Benefit From’ Carbon Pollution Rules

States are well positioned to implement the EPA’s Clean Power Plan, according to a new report from Analysis Group’s electric industry and economic experts. The report, EPA’s Clean Power Plan: States’ Tools for Reducing Costs & Increasing Benefits to Consumers, is based on an analysis of states that already have … Read more »

California’s Cap-and-Trade a Versatile Tool for Environmental Policies

Governor Brown signed a budget last week that lays out for the first time how to invest the millions from California’s landmark cap-and-trade program ($734 million so far). California has shown another way that cap-and-trade is like the Swiss army knife of environmental policies: a versatile tool known for its … Read more »

Yingli’s Goal: World Cup’s First-Ever Carbon Neutral Sponsor

Yingli Green Energy plans to become the first-ever carbon neutral sponsor of the FIFA World Cup, which kicks off today in Brazil. The company plans to offset all carbon emissions arising from its promotional activities in Brazil as part of its mission to help make the 2014 World Cup the … Read more »

First Agricultural GHG Offsets Issued

The first agricultural greenhouse gas emissions offsets have been issued to a Michigan farmer for voluntarily reducing nitrous oxide (N2O) emissions by curbing the amount of nitrogen-based fertilizer used to grow corn, according to the Electric Power Research Institute (EPRI). EPRI, in partnership with Michigan State University, developed the validation … Read more »