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Latest Emissions trading Stories

2012-04-17 06:20:43

NORFOLK, Va., April 17, 2012 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) has been recognized for outstanding performance in measuring and reducing its emissions. The American Carbon Registry gave Norfolk Southern its Corporate Excellence award for making a public commitment to reducing CO2 emissions 10 percent below 2009 levels by 2014 and for reaching nearly 40 percent of that five-year goal in the first year. ACR said, "The reductions were achieved through improvements in...

2012-04-02 06:21:32

MORRIS TOWNSHIP, N.J., April 2, 2012 /PRNewswire/ -- Honeywell (NYSE: HON) announced today that it has begun destroying inventories of certain ozone-depleting refrigerants and selling the resulting emission reduction credits for use in California's greenhouse gas cap-and-trade program. The company has already destroyed more than 27,000 pounds of CFC-11, a chlorofluorocarbon refrigerant with one of the highest ozone-depleting potentials. It plans to destroy its remaining inventory of...

2012-03-27 10:20:07

WASHINGTON, March 27, 2012 /PRNewswire-USNewswire/ -- With the Obama administration, U.S. Congress and the world's governments now united in their opposition to the application of the European Union Emissions Trading Scheme (EU ETS) to international aviation, Airlines for America (A4A), the industry trade organization for the leading U.S. airlines, today appropriately ended its private lawsuit against the EU ETS and urged the administration to accelerate its work to reverse this...

2012-03-16 11:26:05

Cap and trade programs to reduce emissions do not inherently provide incentives to induce the private sector to develop innovative technologies to address climate change, according to a new study in the journal Proceedings of the National Academy of Sciences. In fact, said author Margaret Taylor, a researcher at Lawrence Berkeley National Laboratory (Berkeley Lab) who conducted the study while an assistant professor at the University of California, Berkeley's Goldman School of Public...

2012-03-16 06:20:13

PAAUILO, Hawaii, March 16, 2012 /PRNewswire/ -- Hawaiian Legacy Hardwoods (HLH) today announced the completion of an independent feasibility study to assess the economic viability of afforestation carbon offsets using a native tree species (Acacia koa). The model was tested using both the Climate Action Reserve (CAR) and American Carbon Registry (ACR) carbon offset protocols. The assessment reveals that mid-size to smaller scale private landowners do indeed have options to generate carbon...

Global Greenhouse Gas Could Rise 50 Percent By 2050
2012-03-16 07:37:20

The Organization for Economic Cooperation and Development (OECD) said on Thursday that global greenhouse gas emissions could rise 50 percent by 2050. The report said that unless more ambitious climate policies are created, fossils fuels will supply about 85 percent of energy demand in 2050, increasing greenhouse gas emissions by 50 percent. Fossil fuels like oil, coal and gas will make up 85 percent of energy sources by 2050, while renewables are expected to make up just 10 percent....

2012-03-14 20:53:05

The United Nations (UN) global carbon market requires substantial reform because it too often fails to support the projects and people it is meant to help, according to new research from the Economic and Social Research Council (ESRC). The research findings are released as the UN, which has designated 2012 the International Year of Sustainable Energy for All, begins a policy dialogue about its Clean Development Mechanism (CDM), under which companies are allocated tradable credits if they...

2012-03-09 15:37:00

WASHINGTON, March 9, 2012 /PRNewswire-USNewswire/ -- Airlines for America (A4A), the industry trade organization for the leading U.S. airlines, today commended Department of Transportation Secretary Ray LaHood for his unwavering support and efforts to overturn the application of the European Union Emissions Trading Scheme (EU ETS) to U.S. airlines and aircraft operators. (Logo: http://photos.prnewswire.com/prnh/20111201/DC15444LOGO) "We commend Secretary LaHood for once again speaking out...

2012-03-09 06:46:00

LONDON, March 9, 2012 /PRNewswire/ -- Vestergaard Frandsen's LifeStraw(R) Carbon For Water programme has become the world's first safe water project to generate Gold Standard Voluntary Emissions Reduction (VER) credits, and has earned 1.4 million carbon credits. LifeStraw(R) Carbon For Water is a cutting-edge demonstration of how carbon finance can enable, at scale, some of the world's most disadvantaged communities to treat their water through the provision of...

2012-03-07 15:15:00

WASHINGTON, March 7, 2012 /PRNewswire-USNewswire/ -- Airlines for America (A4A), the industry trade organization for the leading U.S. airlines, today commended Sen. Claire McCaskill (D-MO) for co-sponsoring a bill that would prohibit U.S. aircraft operators from participating in the European Union Emissions Trading Scheme (EU ETS) because the scheme violates U.S. sovereignty and international law, and imposes an unfair and burdensome tax on U.S. airlines and consumers. The legislation...