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Brazil Proposes Carbon Credits Swap

Brazil is trying to offset carbon emissions caused by the 2014 Soccer World Cup it is hosting in June by offering owners of United Nations-backed carbon credits to swap them for publicity during the games, according to Reuters. Carbon emissions generated by construction, travel and other activities related to hosting the … Read more »

United Airlines

Airline Industry Favors Global Carbon Offsets

The International Air Transport Association yesterday said the industry prefers a global carbon offsetting system that involves buying carbon credits rather than an industry-wide cap-and-trade system, Reuters reports. A group of high-level aviation industry representatives from 17 countries is working with the UN’s International Civil Aviation Organization (ICAO) to develop … 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 »

Hilton Launches Carbon-Offset Program in Southeast Asia

Hilton Worldwide has launched a carbon-offset program for events and meetings held at select hotels across Southeast Asia, using its LightStay Meeting Impact Calculator to track and measure carbon emissions from each event. Beginning this month, at no additional cost to customers, Hilton will measure carbon generated by all events … Read more »

Contract Wins: Viridian Energy, Waste Management, Emcor, 3Tier, IHS

Contract Wins: Viridian Energy, Waste Management, Emcor, 3Tier, IHS

Viridian Energy has purchased 455 metric tons of carbon offsets to counteract the 2.2 million miles that players will travel, by land and air, to reach the US Open in Flushing, NY. The New Bedford Landfill Gas Utilization Project in Dartmouth, Mass., generated the carbon offsets. Waste Management and Renmatix … Read more »

Policy & Enforcement Briefing: Air Standards, Supreme Court Ruling, EU ETS, Chevron, Keystone Fast-Track

The EPA is retaining the existing secondary National Ambient Air Quality Standards (NAAQS) for NOx and SOx. The agency said that though the standards do not provide adequate protection from harmful deposition-related effects on plants, soil, water and wildlife, levels of NOx and SOx in the air have fallen by … Read more »

Standards & Compliance Briefing: ISO 50001, LEED, BizNGO Group, CODE REDD

Coca-Cola Enterprises (CCE) has been ISO 50001-certified at its largest manufacturing site, in Wakefield, Great Britain. It is the first company in the global food and beverage industry to achieve the new standard in energy management practices, said CSR Europe. The energy management certification audit was conducted by SGS United Kingdom Ltd. … Read more »

BofA Merrill Enters California Carbon Market

Bank of America Merrill Lynch is entering the nascent California carbon trading market with an agreed option to buy several million tons of offsets from TerraPass, through 2020. The offsets will be generated from a pool of agricultural methane projects located throughout the U.S., and are all expected to be … 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 »

Carbon Futures Platform to Shut; Offsets Near Record Lows

Financial markets firm Intercontinental Exchange Inc. is to shut its emissions derivatives trading platform, Chicago Climate Futures Exchange, by the end of the first quarter, the Wall Street Journal has reported. ICE is closing the exchange as it is currently losing money and there is little chance of the government … Read more »

NYSE Euronext Goes Carbon-Neutral

NYSE Euronext has become the first carbon-neutral global exchange operator, the company has announced. The parent company of markets including the New York Stock Exchange said it reached carbon neutral status for 2010 through energy efficiency and conservation efforts, plus purchase of Green-e certified renewable energy certificates and carbon offsets. … Read more »

Disney Cuts Electricity Use, But GHG Increases

Disney Cuts Electricity Use, But GHG Increases

The Walt Disney Company saw a 0.5 percent increase in direct greenhouse gas emissions between 2009 and 2010, despite reducing electricity consumption by 2.7 percent in that year. The company’s 2010 Corporate Citizenship Report shows that greenhouse gas emissions declined by 4.6 percent between 2006 and 2010, and electricity consumption … Read more »