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Carbofinance

The World bank's strategy on forests and climate change

Gerhard Dieterle (World Bank Forest Advisor), Civil society event at the World bank spring meetings 2009, 24 April

By 2050 it is believed that 75% of fiber will be grown in fast growing plantations.
There are opportunities in this for developing countries, however the revenues must stay in the countries to be beneficial.

Carbon trading activity doubles over year in spite of price falls

The carbon market showed a remarkable growth spurt in the first quarter of this year, with trading volumes up 37 per cent, new data show. Trading was driven by price volatility and companies selling carbon permits to raise short-term cash.

EU carbon trading failed

The free market has got us into this mess, and the free market will get us out of it.

This nonsensical idea is at the heart of all carbon trading measures, the Rudd government’s Carbon Pollution Reduction Scheme (CPRS) included.

Collapsing carbon market

...market makes mega-pollution cheap

Europe's system to edge up the cost of emissions and boost green energy has backfired. There isn't much time to rescue it

Carbon prices at all time low as of - 09 Feb 2009

Carbon price close to record low as European sell-off continues

Experts predict €10 EUAs could represent good deal for long-term investors

 

The price of carbon allowance in the EU emissions trading scheme (ETS) was at close to record lows in trading this morning as weak energy commodity prices and a continued sell-off of allowances from heavy industry continued to drive down the price.

Issue date: 
January 2009

Can money grow on trees?

There is a new wave of entrepreneurs aiming to get rich by 
saving the rainforests. Richard Lofthouse reports

Ever wanted to get rich by doing absolutely nothing? In a bizarre way that’s what a bunch of new entrepreneurs and large corporations are trying to do. The formula is ridiculously simple: buy up or lease a tract of rainforest, prop up a deckchair and watch it grow. Put a financial price on its mere existence and sell a range of ‘products’ – called ecosystem services – to polluters. If trees could hear, they’d be setting up trade unions.

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by Dr. Radut