Monday, 2 July 2012

GMO Carbon in the News week 26


CARBON IN THE NEWS 
WEEK 26 2012




Postal system may be first to use credits to cancel all emissions
The postal system could become the first industry in the world to eliminate carbon emissions as it seeks to buy carbon credits under the new global trading system. Speaking at the second Sustainable Development Seminar for Postal Operation in Asia and Pacific Countries in HCM City yesterday, said: “The carbon emission fund in postal services should be submitted at the Universal Postal Union’s (UPU) next meeting.” (The UPU is a department of the UN.) In the last 20 years many environmental solutions have become outdated while some have been successful, but pollution has become a more and more serious threat, he said. “In the last two decades, floods increased by 2.3 times, in 2012 drought increased by 40 per cent,” he pointed out. “The meeting aims to share experiences and skills to achieve sustainable management for a better environment.” About 50 delegates from 20 Asia – Pacific countries, international organisations such as the International Labour Organisation, Global Union of Trade, Asia-Pacific Postal Union, and France’s La Poste are taking part in the three-day meeting that ends tomorrow. To read this article in full click here

140 MW of New Wind and Hydro for Costa Rica by 2015
In the next two and half years, Costa Rica is planning to add 100 megawatts of wind power and 40 from hydroelectric. While this amount is a fraction of the 1,000 MW of wind power Uruguay is trying to add in the same time frame, it is still an ambitious plan. It also meshes well with Costa Rica’s overall  plan to become carbon neutral by 2021. Planting trees to offset its carbon emissions, combined with creating more clean energy, is the country’s basic approach to having a net contribution to climate change of zero. “In the case of electricity, the aim is to stop burning petroleum derivatives. The projects included in this process will contribute to this objective of carbon neutrality,” said Ulises Zuniga Blanco, an employee of  Instituto Costarricense de Electricidad, Costa Rica’s government-managed utility. The new wind power farms could all be operational by 2014, and the hydroelectric project by the following year. In 2011, Costa Rica generated about 73% of its power from hydroelectric, but just 4% from wind power. Wind power potential there is said to be good, with many rural areas experiencing winds of 15 to 20 mph. To read this article in full click here

O2 becomes the first network operator to certify carbon footprints with the Carbon Trust
O2 works together with the Carbon Trust to calculate and certify carbon emissions of voice and data services. O2 has become the first mobile network operator to have carbon footprints independently verified by the Carbon Trust. Using our Footprint Expert software O2 calculated the greenhouse gas emissions embedded throughout the entire lifecycle of its voice and data services. Gareth Rice, Head of Environment at O2 says; 'Our aim is to develop the UK's most carbon-efficient network, putting our own operations under the microscope and looking for ways to reduce the footprint we leave on the world. By evaluating our impact in conjunction with the Carbon Trust we feel we are doing just that.' Darran Messem, Managing Director of Certification at the Carbon Trust commented: 'We congratulate O2 for becoming the first mobile network to have telecommunication service carbon footprints independently verified by the Carbon Trust. We look forward to supporting O2 in its Think Big ambitions.' To read this article in full click here


CO2 Credit Exchange Opens in Texas
The Texas Climate & Carbon Exchange, which allows companies to voluntarily offset emissions by buying credits, opened Thursday in Austin through a partnership with Australia-based Carbon Trade Exchange. TCCX opened with one client, the city of Beppu, Japan, Dallas Morning News reported. The exchange doesn’t yet have any customers who want to sell carbon credits, DMN reported. Carbon Trade Exchange, which has more than 145 members in 22 countries, will provide the electronic trading platform technology and infrastructure to TCCX. The Texas exchange will offer a lower membership fee than exchanges in countries that regulate greenhouse gases. Texas emits more greenhouse gases than any other state, according to EPA data. The exchange will provide brokerage services for Texas companies and allow these business to offset their emissions and become carbon-neutral, CTX said. The Texas exchange will promote the origination as well as the selling and purchasing of carbon credits on the CTX global exchange platform. To read this article in full click here


Norway pledges $141 mln for Africa clean energy
Norway is to provide 850 million Norwegian crownsto fund clean energy projects in Ethiopia, Kenya and Liberia, finance that could unlock private sector investment in new types of carbon markets, the country's government said on Monday. The African countries will get the cash as part of the Norway-led Energy+ Partnership, which aims to give the world's poorest countries access to energy and encourage a new market-based system to limit emissions from global energy generation. Efforts to promote new means of financing cleaner energy in developing countries comes at a time when investment in current U.N. mechanisms is shrinking fast. "Part of the motivation for this funding is to develop pilot projects that could be eligible for future new market mechanisms and attract sufficient investment from the carbon market by 2015," said Hans Olav Ibrekk, a policy director with Norway's foreign ministry. Through the terms of the deal, which was signed last week at the Rio+20 climate talks, Ethiopia will get NOK 500 million to invest in low carbon energy, forests and agriculture. To read this article in full click here


Retailer grows green fingers
It is five years since Marks and Spencer launched Plan A, a sustainability programme with the aim of turning the high street bellwether into Britain’s greenest retailer. Sir Stuart Rose, the former chairman and chief executive of M&S, said when the set of 100 environmental initiatives was launched that it would be no easy task. “This is a deliberately ambitious and, in some areas, difficult plan,” he said. Indeed, he said M&S was “calling this “Plan A” because there is no ‘plan B’”. Nevertheless, Sir Stuart persevered, as he believed that to stay one step ahead of consumer demands, M&S needed to become a green brand. And according to Neil Saunders, managing director of Conlumino, the consultancy: “In terms of sustainability, it is one of the retail success stories.” That success was recognised on Wednesday night when M&S was named Responsible Business of the Year at Business in the Community’s annual awards dinner in London (full list of Winners and Highly Commended companies in BITC’s Awards for Excellence ). The dinner was due to be attended by the Prince of Wales, who has been president of BITC for 27 years. To read this article in full click here

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