Latest Certified Emission Reduction Stories
LAS VEGAS, Jan. 17, 2013 /PRNewswire/ -- Global Resource Energy Inc. (OTCQB-GBEN) is pleased to announce the pre-purchase of 66,000 Certified Emission Reduction Credits from BluForest Inc. (BLUF). Total purchase price of $660,000.00 is to be paid to BluForest in the form of 3,000,000 restricted shares of Global Resource Energy Inc. Robert Baker, President & CEO of Global Resource Energy Inc. (OTCQB-GBEN) is excited about the potential this opportunity provides to both GBEN and...
LONDON, Nov. 27, 2012 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today announced that ICE Futures Europe will reopen the daily futures market for Phase II EU Allowances (EUA) and Certified Emission Reductions (CER) on December 10, 2012. On the same date, ICE Futures Europe will introduce a new daily futures contract for Phase III EU Allowances. (Logo: http://photos.prnewswire.com/prnh/20090727/CL51999LOGO) The...
XI'AN, China, Nov. 21, 2012 /PRNewswire-FirstCall/ -- China Recycling Energy Corp. (NASDAQ: CREG; "CREG" or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced that its subsidiary, Erdos TCH Energy Saving Co., Ltd., has recently completed the registration of a Clean Development Mechanism (CDM) project entitled, "Inner Mongolia Erdos Metallurgy Co., Ltd. Electric Furnaces Waste Energy Utilization for Power Generation Project (Phase One)". The CDM...
, Nov. 29, 2011 /PRNewswire-USNewswire/ -- As UNFCCC climate negotiators meet in Durban, EIA is calling on all Parties to reject HFC-23 carbon credits following widespread evidence and CDM Executive Board acknowledgment that most of the credits do not represent real emission reductions. Last week the Executive Board of the UN Clean Development Mechanism (CDM) modified the flawed HFC-23 Methodology, cutting the number of Certified Emission Reduction (CER) credits allowed by...
WASHINGTON, Nov. 8, 2011 /PRNewswire-USNewswire/ -- In the run-up to the international climate negotiations in Durban later this month, China has responded to efforts to ban the trading of widely discredited HFC-23 offsets by threatening to release huge amounts of the potent industrial chemical into the atmosphere unless other nations pay what amounts to a climate ransom. China's threat comes after the European Union and other nations moved to ban HFC-23 credits from internal carbon...
New Report Reveals Fatal Flaws in Bank's Justification for Business as Usual WASHINGTON and LONDON, Aug. 26 /PRNewswire-USNewswire/ -- In an effort to justify its participation in perhaps the biggest carbon market scandal to date, the World Bank has dismissed concerns that the UN Clean Development Mechanism's (CDM) HFC-23 projects are generating millions of fake carbon credits. An analysis released today by the Environmental Investigation Agency (EIA), Ethically Bankrupt: World Bank...
HONG KONG, Sept. 29 /PRNewswire/ -- Carbon Bank Ireland, Ltd., an Irish investment bank, today announced the execution of a joint-venture agreement with the Chinese financial conglomerate, CITIC GROUP, to implement a trading platform for Voluntary Emission Credits (VERs). These will be generated by companies which wish to reduce their carbon emissions in the Peoples Republic of China (PRC). This platform will be the first of its kind in the PRC to harvest VERs from government owned and...
ZURICH, March 11 /PRNewswire/ -- BP Alternative Energy Plc has taken a minority interest in South Pole Carbon Asset Management Ltd., a leading developer of high-quality greenhouse gas emission reduction projects. Since its inception in 2006, South Pole has been profitable and has financed its growth out of the cash flow generated from carbon asset development and related advisory services. Through the investment from BP the company will accelerate its expansion and consolidate its leading...
French energy major GDF Suez has secured two carbon trading deals relating to hydro projects in China, which are expected to be operational by the end of 2009. The contracts cover a total estimated volume of about 1.6 million certified emissions reduction (CERs) during the 2009-2012 contractual period. The CERs will be generated through one 48MW hydro project in northwest China, and one 99MW hydro project in southeast China. The transaction was formalized with emission right purchase...
ESPOO, Finland, September 30 /PRNewswire-FirstCall/ -- Fortum will gain approximately 1.5 million tonnes of emission reduction units (ERU) from Joint Implementation projects conducted at the Russian Territorial Generating Company No. 10 (TGC-10). The projects TGC-10 will implement include construction of new power generation facilities in the Tyumen and Chelyabinsk areas, and they will be conducted during the Kyoto Period (2008-2012) of the European Emissions Trading Scheme. (Logo:...
