sequestration

Version 3.2 of the Climate Action Reserve’s Forest Project Protocol continues to ensure integrity of forest offset projects

The advocates of renewable energy have long chanted a mantra of “green jobs, energy security and lower emissions”, but in country after country we continue to see a fork in the road emerging whereby individual nations are forced to make choices between lowering (global) emissions or developin

In New Zealand, where the sheep outnumber humans 9 to 1 and National Lamb Day is celebrated every Feb. 15, a carbon emission trading system that kicked off in July is upending the economics of sheep farming, a once crucial sector of the economy. Sheep farmers are walking away from the business of selling wool and lamb chops and are converting their grazing lands into tree farms that could prove valuable when the country's agricultural sector is forced to pay for greenhouse gas emissions starting in 2015.

(Reuters) - An Australian carbon services firm has signed a deal aimed at protecting tropical forests in the Democratic Republic of Congo as well as boosting renewable energy there, a senior company official said on Wednesday.

Shift2Neutral and its partners would help value the carbon storage from forest and land protection, certify carbon related services to communities in the DRC and help sell certified carbon offsets.

Gazprom Marketing & Trading, a unit of the world’s largest natural-gas producer, said its method for generating carbon credits from forestry projects was approved by the Voluntary Carbon Standard.

The International Emissions Trading Association and the World Economic Forum helped develop the voluntary carbon standard in 2005 to verify which credits companies can use to comply with carbon-reduction programs. The European Union, which runs the world’s biggest emissions market, may accept a limited number of forestry credits through 2020.