Latest Emissions trading Stories
NEW YORK, May 15, 2012 /PRNewswire-Asia/ -- Asia Carbon Industries, Inc. ("Asia Carbon", or the "Company") today announced its earnings for the quarter ended March 31, 2012. The Company, whose shares trade in the U.S. on the OTCQB Tier of the OTC Markets under the stock symbol "ACRB", filed its quarterly report on Form 10-Q with the Securities and Exchange Commission on May 15, 2012. Highlights of First Quarter 2012 Financials Revenues for the quarter ended March 31, 2012 were...
Environmental groups have long been pushing the technology industry to adopt big goals for renewable energy resources, and apparently somebody was listening. Microsoft announced on Tuesday that it is vowing to distance itself from coal-power and become more environmentally friendly, reducing its carbon footprint. Beginning on 1 July 2012, the software giant’s data centers, software development labs and office buildings will all be carbon neutral. The plan is to zero-out the overall...
LONDON, April 23, 2012 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today issued the following statement following the announcement by the UK Department of Energy & Climate Change. (Logo: http://photos.prnewswire.com/prnh/20090727/CL51999LOGO ) "ICE Futures Europe is delighted that the UK Department of Energy & Climate Change has selected the Exchange as...
NEW YORK, April 20, 2012 /PRNewswire/ -- Vecron Lordstock Group announced today that it reached an agreement with the European Union's (EU) most respected Carbon Credit trading group, to exclusively market its inventory of Voluntary Carbon Credit Certificates in the USA under the trade name "Vecron Carbon Market." Vecron hired GATE US, a leading secondary market trading platform and a Broker Dealer, to handle all clearance and settlements for their US Clients. Vecron provides a...
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...
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...
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...
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...
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...
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....
