SEOUL, May 4 (Reuters) – South Korea, Asia’s fourth-largest economy, says it will finalise plans in September for an emissions trading scheme covering the majority of the nation’s carbon pollution.
Trading is likely to start from 2012 and is part of a two-step plan by the government to mandate emissions cuts by big polluters. The trading …
Category Archive
for: ‘Carbon Capture & Exchange’
South Korea moves towards carbon cap-and-trade
Media blasts Rudd’s retreat on CPRS
Rudd’s ETS flip-flop sparks climate chaos
LENORE TAYLOR NATIONAL AFFAIRS CORRESPONDENT, THE SYDNEY MORNING HERALD
April 29, 2010
THE Rudd government has conceded its emissions trading scheme could be delayed beyond the 2013 election, and that the politically inspired decision to leave the country in policy limbo for at least three years will make it much more expensive …
EU ETS Overview
A May 2008 Pew Center analysis by two leading experts on the design and implementation of emission trading regimes reviewed the initial phase of the ETS and directly addressed these issues. Noting that the initial period (2005-7) was a trial period with the goal of developing the necessary infrastructure for successful trading, the study concluded …
Report: State of Green Business 2010
In its third annual edition of State of GreenBusiness report, GreenBiz.com continued to measure the environmental impacts of the emerging green economy. This year’s effort was characterised by the Great Recession and its myriad of impacts on individuals, companies, and governments around the world.
Carbon Intensity
Absolute greenhouse gas emissions have shrunk along with the momentum of …
Eyjafjallajoekull: The world’s first negative CO2 volcano
Who’s emitting the most CO2 per day?
http://www.informationisbeautiful.net/2010/planes-or-volcano/
Implementing the Australian Carbon Pollution Reduction Scheme
Australia’s plans for a multi-billion dollar carbon trading scheme were delayed further in February when the Australian Senate postponed debate on the package of 11 bills until at least May.
The delay has intensified the political stalemate over an issue championed by Prime Minister Kevin Rudd but which has damaged his government’s credibility and could hurt …
International Carbon Trading: Reflections on Copenhagen and the state of the market.
The Copenhagen summit drew to a close in December with a bare-minimum agreement that fell well short of the conference’s original goals. Rather than a full and legally binding international agreement to reduce climate change, the accord represents a statement of intent from 193 member states to reduce greenhouse gas emission levels within their own …
The ETS and New Zealand Forestry
New Zealand Forestry
New Zealand is a world leader in the use of forestry for compliance-based carbon markets. Through the creation of the New Zealand Emissions Trading Scheme (NZ ETS) and the Permanent Forests Sink Initiative (PFSI), New Zealand currently represents the only platform from which forest carbon sequestration can be converted into internationally traded Assigned …
International Carbon Trading
Carbon Trading
Carbon markets have experienced tremendous growth worldwide as governments, businesses, and individuals have sought to reduce greenhouse gas emissions and align themselves with international sentiment regarding climate change and sustainable development.
These markets have the potential to achieve emissions reduction at the lowest possible economic cost and as a result emissions trading will remain at …
An Overview of the NZ Emissions Trading Scheme
The New Zealand Emissions Trading Scheme
The NZ ETS was introduced through the Climate Change Response Act (2002) in September 2008 and has since remained in force. New Zealand’s forestry sector is currently the only industry to have entered the scheme.
Design
The NZ ETS has been designed to create new incentives for participants to reduce their greenhouse …
