Topic: Reuters Group plc

New Mexico City buses cut pollution, generate cash

MEXICO CITY (Reuters) - Mexico City's sleek new public bus system is attracting significant international funding in carbon credit sales, part of the capital's ongoing effort to reduce pollution and green up its smoggy image.The government of this sprawling metropolis of 9 ...

EU Commission moves to combat carbon fraud

BRUSSELS (Reuters) - European Union carbon allowances -- the bloc's main tool to combat climate change -- face regulation alongside other financial instruments under proposed laws published on Thursday as the Commission seeks to bolster a market shaken by fraud and oversupply."By ...

Australia Senate passes forest, farm offsets scheme

CANBERRA (Reuters) - Australia's parliament on Monday endorsed the world's first national scheme that regulates the creation and trade of carbon credits from farming and forestry to complement government plans to put a price on carbon emissions from mid-2012.The laws, the first ...

U.N. CO2 panel to review, not halt, coal plant support

LONDON (Reuters) - A U.N. panel that oversees a $1.5 billion trade in carbon offsets has rejected advice to suspend support for new coal plants, proposing a review instead, its chairman Martin Hession said on Friday.The panel, called the executive board, manages ...

Australia unveils biggest carbon-reduction scheme

CANBERRA (Reuters) - Australia unveiled plans on Sunday to slap a carbon tax of A$23 a tonne on its 500 worst polluters from 2012, sweetened by tax cuts for voters fearing higher power bills, and paved the way to adopt the largest ...

Australia to unveil carbon price scheme this week

CANBERRA (Reuters) - An Australian carbon price scheme putting a tax on emissions and outlining a transition to emissions trading around 2015 will be unveiled later this week, the deputy leader of the influential Greens Party said on Monday.Christine Milne also backed ...

Californian CO2 market delay seen up to 12 months

BARCELONA (Reuters) - The start-up of a carbon market in California, viewed as a potential template for future U.S. national emissions trading, could be delayed up to 12 months or more, experts at a carbon conference said on Thursday.The multi-billion dollar plan ...

Australia releases first rules for CO2 farming scheme

SINGAPORE (Reuters) - Australia released rules on Wednesday that would allow farmers and indigenous land owners to earn carbon credits for changing the way they burn-off grasslands, a regular practice in the fire-prone north.The rules are the first to be released for ...

Kenyan wind farm gets U.N. carbon credit approval

NAIROBI (Reuters) - A 310 megawatt (MW) Kenyan wind power project has received approval to earn carbon emissions credits under the United Nations' Clean Development Mechanism, a senior company executive said on Tuesday.Construction on the 617 million euro ($873.7 million) Lake Turkana ...

EU Commission to release 2010 emissions data Apr 1

LONDON (Reuters) - The European Commission will release verified emissions data for 2010 from firms operating under its emissions trading scheme (ETS) on April 1, it said in a statement late on Friday.The data will be released at 1100 GMT (7 a.m. ...
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