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China approves controversial nitrous dioxide carbon offsets

2014-01-26 18:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China will allow big emitters to use offset credits from nitrous dioxide (N2O) destruction to meet domestic climate targets, giving its nod to a type of project that has been banned in other carbon markets. The National Development and Reform Commission (NDRC) published on Wednesday a list of more than 120 new types of projects eligible to earn carbon credits that can be sold to power generators and manufacturers facing emission caps under China's fledgling carbon markets. The list included destruction...

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Black carbon in Pune, India, air a worry, say scientists

2014-01-26 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Economic Times: The amount of black carbon or soot, a potential cancer-causing substance, has been gradually increasing over Pune city since 2005, shows a study conducted by the Indian Institute of Tropical Meteorology (IITM). Soot is a human carcinogenic which is considered second only to carbon dioxide in causing climate change or global warming. The research is still in its nascent stage, which means that scientists have still not been able to fix a maximum permissible limit for the substance. But scientists...

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Australia's CO2 Group CEO quits as new govt policy hits carbon business

2014-01-26 10:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: CO2 Group Ltd, Australia's biggest carbon project developer, said its chief executive has resigned as proposed changes to Australia's climate policy force the company to pursue new growth areas. Andrew Grant will leave his position after a decade heading up the company, according to the company statement on Tuesday. "Recent changes in government policy, the proposed abolition of the current carbon pricing regime and continuing uncertainty in the carbon market generally has led the company to...

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Getting Carbon out of Your Portfolio Is Tricky

2014-01-25 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: If you are like millions of Americans and own a broad stock index fund, you own parts of Exxon Mobil, Peabody Energy and other companies that earn money selling oil, coal and other fossil fuels. For some, that's great. Fossil fuels give us light, keep us warm, help grow our food, deliver our products and jet us around the planet. And companies such as Exxon, Chevron and Southern Co. are stable and profitable and offer consistent dividends that pad retirement accounts nicely. For others, however,...

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Getting carbon out of your portfolio is tricky

2014-01-25 03:25:00| Energy - Topix.net

If you are like millions of Americans and own a broad stock index fund, you own parts of Exxon Mobil, Peabody Energy and other companies that earn money selling oil, coal and other fossil fuels.

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