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Study Finds More Value in Peat CO2 Credits

Posted by Environmental Leader on 09/11/2009

Carbon-rich peatlands may trap more greenhouse gases than first thought, driving up their potential value on the carbon market, according to a new study, reports Reuters.Huge amounts of greenhouse gases are released when peatlands are logged or drained for agriculture, and even more when the drie ...

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Forests Carbon Offsets Endangered by New UN CO2 Credit Plan

Posted by Environmental Leader on 03/11/2009

Some forest carbon-dioxide credits under a new UN forestry climate agreement may be worth less after text that protected forests was removed last month, according to an investor’s group, reports Bloomberg News.This could leave some companies who have bought certain forest carbon offsets fee ...

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Kyoto CDM Offset Spending Fell 12% in 2008 – More to Come

Posted by Environmental Leader on 23/10/2009

The 12 percent drop in purchases of carbon offsets under the Kyoto Protocol’s Clean Development Mechanism (CDM) in 2008 may be just the tip of the iceberg, considering the global economic turndown and growing skepticism about the future of the program.Investment in CDM offsets fell 12 perce ...

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Greenpeace Calls Noel Kempff Climate Action Project a Carbon Scam

Posted by Environmental Leader on 16/10/2009

Greenpeace released a new report that calls into question the Noel Kempff Climate Action Project (NKCAP) aimed at saving Bolivia’s rainforests, stating the project did not deliver promised emissions reductions. However, other environmental groups like the Nature Conservancy and Union of Con ...

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Voluntary Carbon Market Found Lacking

Posted by Environmental Leader on 15/10/2009

Industry players in the voluntary carbon market are unhappy with the lack of meaningful emission cuts, yet voluntary emissions cuts continue to gain steam. For instance, BP is spending $2.5 million to offset its carbon emissions in Australia.Meanwhile, Brazil may set emission caps at 2005 levels. ...

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