Kohlenstoff

The landmark approval of a carbon accounting methodology to underpin REDD projects in Asia shows the project-based voluntary carbon market leading the way in the development of mechanisms to halt the destruction of climate-critical tropical forests.

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

25 August 2010 | The first Voluntary Carbon Standard (VCS) methodology to quantify the climate benefits for projects reducing emissions from deforestation and forest degradation (REDD) is now approved and available for use after going live this Monday. 

Summary

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.