April 7 (Bloomberg) — A price cap and floor on carbon- emissions credits may need to be part of a climate-change market developed in the U.S., Energy Secretary Steven Chu said. Go to Source Read more »
Camco International posts maiden profit (ShareCast via Yahoo! UK & Ireland Finance)
Carbon credit specialist Camco International reported a maiden pre-tax profit and says it is ‘well placed to move beyond the current adverse impact on climate change businesses.’ Go to Source Read more »
At 12:24pm (IST), Sensex surged 157 points at 10,899 and the NSE Nifty was up 33 points at 3,377. (India Infoline)
Markets have further gained ground after inflation dipped slightly in the last week of March. Inflation is the lowest in over two decades. Inflation rate declined to 0.26% in the week ended March 28 as against 0.31% in the previous week. Go to Source Read more »
Tip of the Carbon Cap (Morningstar.com via Yahoo! Finance)
If robust, a cap-and-trade system could remake a broad swath of the economy. Go to Source Read more »
Parks in city: Facility areas or hell? (The Times of India)
Although the recent decision of the Jaipur Municipal Corporation to develop 300 additional parks in the city, after which the Pink City can boast of having a thousand par-ks, majority of the existing parks maintained by the JMC have all been a sham. Go to Source Read more »
ADB Starts Carbon Fund to Finance Projects After Kyoto Protocol (Bloomberg)
April 8 (Bloomberg) — The Asian Development Bank may secure more than $100 million in financing for a fund to buy carbon credits after the expiry of the Kyoto Protocol in 2012, an official said. Go to Source Read more »
Anviron Releases Chinese White Paper on Carbon Credit Market … – MSN MoneyCentral
The Anviron Holding Company (Pinksheets:ANVH) (“Anviron”), a manufacturer and marketer of “Clean & Green” products and technology, announced today that the company has complied with a request to release a white paper on the use of the company’s … Go to Source Read more »
Carbon Credit Price Cap, Floor May Be Needed in U.S., Chu Says – Bloomberg
April 7 (Bloomberg) — A price cap and floor on carbon- emissions credits may need to be part of a climate-change market developed in the U.S., Energy Secretary Steven Chu said. A cap on credits, which companies would purchase for the right to emit … Go to Source Read more »
Forest owners can sell carbon credits for trees – MSN MoneyCentral
IRVINE, Ky. (AP) – Justin Maxson admits that the concept he’s been explaining to Appalachian landowners is a little difficult to wrap your mind around: “There’s an odorless, colorless gas that is sucked out of the air by your trees, and somebody’s … Go to Source Read more »
Is there a Parallel Between Carbon Trading and Subprime Lending? 3 … – Seekingalpha.com
For years, analysts have pointed to carbon dioxide cap-and-trade systems as the ideal solution to the global warming crisis, proclaiming that the best way to “go green” is through the power of green – money. And these days, carbon cap-and-trade is … Go to Source Read more »