Latest Energy Procurement News and Industry Best Practices

Forest Carbon Market Branches Out, Worth $150M to Date

January 15, 2010 by Paul Nastu

While nearly $150 million has been spent to date on carbon offsets from planting trees and preserving forests, the market is in a precipitous position. Passage of a U.S. climate bill or a meaningful global climate deal would push the market to new heights. Without such government help, the market ... Read more »

U.S. Chamber Reloads to Fight Climate Regs

January 13, 2010 by Gina Roos

The U.S. Chamber of Commerce President Tom Donohue wants Congress to reconsider the proposed climate regulations and other policies that he says will raise costs for businesses and slow economic recovery, reports the New York Times. Meanwhile, energy businesses and environmentalists are focused on lobbying efforts aimed at the Environmental ... Read more »

Who Needs a Carbon Market?

January 13, 2010September 13, 2010 by Graciela Chichilnisky

Are “carbon offsets” an effective means of cutting carbon for society and industry? Carbon offsets are a recent invention of the Kyoto Protocol. Kyoto has a unique distinction – it uses market forces. It trades the nations’ rights to use the planet’s atmosphere. These are the “carbon offsets” – or ... Read more »

Clean Tech Firms Get $2.3B in Tax Credits

January 11, 2010January 12, 2010 by Gina Roos

President Obama has awarded $2.3 billion in tax credits for clean energy manufacturing projects across the United States. Targeted at 183 projects in 43 states, the Recovery Act Advanced Energy Manufacturing Tax Credits program is expected to create 17,000 U.S. manufacturing jobs. The Section 48C program will provide a 30 ... Read more »

Global Carbon Trading Volumes Grew 68% in 2009

January 8, 2010 by Gina Roos

The global carbon trading market grew 68 percent last year compared with the previous year, despite a global economic downturn. But the value of the market remained virtually unchanged after carbon prices fell, averaging $16.40 in 2009. That’s down from $27.15 in 2008, according to a new report from Point ... Read more »

HP, IBM, Yahoo Share In IT Energy Efficiency Windfall

January 7, 2010 by Paul Nastu

To promote energy efficiency projects, the Department of Energy has showered $47 million in grants on IT and communication firms. IBM, Yahoo, Alcatel-Lucent and HP are among firms receiving the grants, which will be matched by $70 million in private industry funding, reports PCWorld. IBM is getting $1.66 million to ... Read more »

Australia, Belgium Find More Cases of Carbon Fraud

January 7, 2010 by Gina Roos

More carbon fraud cases are popping up around the globe including Australia and Belgium as government watchdog organizations step up efforts to monitor the nascent green business sector. As an example, the Australian Competition and Consumer Commission (ACCC) says it is closely watching the green business sector, reports SmartCompany. ACCC ... Read more »

CO, NC, MA, WI, HA, Utah Starting Building Retrofit Programs

January 7, 2010December 14, 2010 by Paul Nastu

A pilot program will help institute energy efficiency building retrofit programs in six states. The National Governors Association announced the program, which is funded by the U.S. Department of Energy as part of its $11 billion building retrofit and weatherization stimulus program, according to a press release. Colorado, Hawaii, Massachusetts, ... Read more »

Large Polluters Would Pay More in Revised Version of French Carbon Tax

January 6, 2010 by Paul Nastu

Despite France’s Constitutional Council rejecting a tax on carbon emissions because of too many exemptions for major industrial polluters, the nation plans to move forward with a new version of the tax later this year, reports the Wall Street Journal. In late December, the council said the bill, backed by ... Read more »

Senator: Cap and Trade a No-Go in 2010

January 6, 2010 by Paul Nastu

As went the Copenhagen climate talks, so goes U.S. cap-and-trade legislation. Or so it would seem from the comments of Sen. Jeff Bingaman, D-N.M., chairman of the Senate Energy and Natural Resources Committee. Bingaman on Jan. 5 said that without consensus on the final form of a cap-and-trade system, he ... Read more »

Carbon Trading May Reach $395B in 2014

January 5, 2010January 5, 2010 by Gina Roos

The connection between carbon capture and sequestration (CCS) and the carbon emissions trading market is growing, as carbon credits accrued from CCS plants will be traded at carbon exchanges, generating more revenue for CCS project developers, according to a new report from ABI Research. ABI’s study, “Carbon Capture, Sequestration and ... Read more »

France Rejects Carbon Tax

December 30, 2009 by Gina Roos

Two days before going into effect, France’s Constitutional Council rejected a tax on carbon emissions because of too many exemptions for major industrial polluters, reports the New York Times. The council also said the bill, backed by President Nicolas Sarkozy, threatened to make tax collection unfair, primarily raising the cost ... Read more »

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