Planet Carbon Credit

Gas prices continue to fall in Massachusetts; state reaps millions in drug industry settlements; CMGI changes its name.

NEW YORK, Sept. 30 (UPI) — The first regional carbon credit auction in the United States yielded more than $38 million.

By Kaylie Blair Thanks to local farmer Alf Wakelam and Regina’s C-Green Aggregators, agricultural producers in the Southwest have the opportunity to gain carbon credits and trade them on the Chicago Stock Exchange.

Implementing measures to reduce a company’s carbon footprint is neither easy nor kind to the bottom line, but vital as the earth heats up and climate changes.

There are fears that the financial crisis will spread to carbon markets and dampen investment in clean-tech. However, while short-term prices will remain volatile they are unlikely to sink below E20/tonne; long-term fundamentals will remain strong assuming emission targets are not undermined. Government backing of renewables is also likely to remain strong, despite the grim economic outlook.

Research and Markets (http://www.researchandmarkets.com/research/925c63/focus_arreon_carb) has announced the addition of the “Focus: Arreon Carbon And CDM In China” report to their offering.

Carbon Credit auction aims to curb global warming.

CantorCO2e, a division of Cantor Fitzgerald that is active in the carbon credit and renewable energy markets, and Instituto E, an institution that promotes sustainable development in Brazil and worldwide, launched at a high profile event last night – the GPSA — Global Partnership for Sustainable Attitudes. Oskar Metsavaht, President of Instituto E, and Laurence Rose, Chairman of CantorCO2e, …

SAO PAULO, Brazil—-CantorCO2e, a division of Cantor Fitzgerald that is active in the carbon credit and renewable energy markets, and Instituto E, an institution that promotes sustainable development in Brazil and worldwide, launched at a high profile event last night – the GPSA — Global Partnership for Sustainable Attitudes.

Chemicals such as methane and nitrogen, in addition to some farming practices, are making an impact on the environment. However, there are ways to control these and even benefit financially from the changes, experts say.