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Tag: carbon market
Market for REDD+ carbon credits declines 8% in 2012
2013-05-31 00:34:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: The market for carbon credits generated from projects that reduce deforestation and forest degradation - a climate change mitigation approach known as REDD+ - dipped eight percent in 2012 according to an annual assessment of the global voluntary carbon market. The report, published by Ecosystem Marketplace and Bloomberg New Energy Finance and slated to be released next month, found that overall demand for voluntary carbon credits rose four percent in 2012, with buyers offsetting 101 million metric...
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market
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Voluntary Carbon Offsetting Tops 100 Million Tonnes As Market Goes "Clean And Green"
2013-05-30 06:30:00| pollutiononline News Articles
Voluntary demand for carbon offsetting grew 4% in 2012, when buyers committed more than $523M to offset 101 million metric tonnes of greenhouse gas emissions
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green
million
clean
European carbon market in trouble
2013-05-06 03:10:00| Climate Ark Climate Change & Global Warming Newsfeed
Washington Post: As the centerpiece of Europe's pledge to lead the global battle against climate change, the region's market for carbon emissions effectively turned pollution into a commodity that could be traded like gold or oil. But the once-thriving pollution trade here has turned into a carbon bust. Under the system, 31 nations slapped emission limits on more than 11,000 companies and issued carbon credits that could be traded by firms to meet their new pollution caps. More efficient ones could sell excess...
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european
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carbon
Europes Carbon Market Crisis: Why Does it Matter?
2013-04-18 23:53:00| Climate Ark Climate Change & Global Warming Newsfeed
National Geographic: The European Parliament this week voted 334-315 (with 60 abstentions) against a controversial "back-loading" plan that aimed to boost the flagging price of carbon, which since 2008 has fallen from about 31 euros per tonne to about 4 euros (about $5.20). Since the vote, the price has fallen even farther, to 2.80 euros. The collapsing market is hardly the kind of firm foundation needed for building a clean-energy economy. (Related: "Renewable Energy Not Growing as Fast as Necessary," and "IEA Outlook:...
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matter
crisis
carbon
EU carbon market to shrink further after fix failure
2013-04-17 16:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: More banks and trading houses could abandon Europe's carbon market, making government auctions of permits more likely to fail, after the European parliament on Tuesday rejected an emergency measure to prop up prices. Prices for EU carbon permits under the Emissions Trading Scheme (ETS) fell 40 percent to under 3 euros on Tuesday after lawmakers rejected a plan to temporarily cut permit supply by 15 percent for fear that higher carbon prices would cost European jobs and harm economic growth. About...
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failure
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carbon
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