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Forest carbon

Issue date: 
August 26, 2010

New Zealand Farmers Harvest Carbon Credits

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.

Issue date: 
Aug. 25 2010

The US way of rescuing our climate...

For individuals and business, air travel is a fact of life. The world is our playground and we are not going to stop exploring new places and opportunities.

Issue date: 
Aug 24, 2010

Indonesia project boosts global forest CO2 market

(Reuters) - Likely to be first fully validated REDD project under VCS; Approval of methodology boost for REDD projects

SINGAPORE/JAKARTA, Aug 24 (Reuters) - An Indonesian project aimed at saving a vast tract of rainforest has past a milestone seen as a boost in the development of a global market in forest carbon credits.

Issue date: 
Aug 25, 2010

Australia firm signs Congo carbon offsets deal

(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.

Issue date: 
25 August 2010

Poorer nations hit with 'exorbitant' consultancy fees for carbon offset projects

Nepalese government has paid a Norwegian consultancy €150,000 (£123,000) to get UN certification for biogas projects.

Issue date: 
Aug 26, 2010

Climate aid reaches $30 bln goal, but is it new?

(Reuters) - Aid promises from rich nations to help poor countries slow global warming are reaching the $30 billion goal agreed in Copenhagen but analysts say much of that is old funding dressed up as new pledges.

Issue date: 
24/08/2010

Chance to see the good for the trees

The much maligned Emissions Trading Scheme can provide even the owners of small forest blocks with a bonus return, if they make the effort to find out, as Peter Watson reports.

Owners of hundreds of small forestry blocks planted in Nelson before 1990 have been warned they risk either being surprised by some large bills or missing out on a one-off windfall if they don't get up to speed soon with the Emissions Trading Scheme.

Issue date: 
August 23, 2010

Nigeria: Groups call for participation in forest activities

The Nigerian government should actively engage forest community dwellers and civil society groups in the ongoing Reducing Emissions from Deforestation and Degradation, (REDD), negotiation process; and adopt community forest management practices as one of the concrete solutions to climate change.

So what: could Africa be the next big Carbon Project Market?

Issue date: 
Aug 23, 2010

Gazprom Wins Approval From Voluntary Standards Group for Forestry Credits

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.

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by Dr. Radut