Friday, November 27, 2009

Isramart : China Saw 1st Carbon-offset Deal Clinched on Nov. 17

Isramart news:
SHANGHAI, Nov 18, 2009 (SinoCast Daily Business Beat via COMTEX) — CXCHF | Quote | Chart | News | PowerRating — China saw the first carbon neutral trade based on carbon footprint verification clinched on the Tianjin Climate Exchange (TCX) on November 17.

On the day, Pacific Millennium (China) Packaging & Paper Industries Co., Ltd. agreed to pay for the 6,266 tons of carbon it emitted from January 1, 2008 to June 30, 2009 by giving a consideration to HSE Environmental Engineering Consulting Co., Ltd., a company based in Xiamen, Fujian Province.

The carbon-offset deal is part of Pacific Millennium (China)’s effort to shore up environmental protection, said Mu Lingling, deputy general manger for the exchange, noting that the Shanghai-based packaging and paper maker will turn into the first zero emission company in the Chinese packaging industry.

At present, the country has not worked out detailed requirements for companies to offset carbon emission, pointed out Chen Hongbo, an expert at the Research Center for Sustainable Development under the Chinese Academy of Social Sciences.

Isramart : Energy bill in Queen’s speech latest step to low-carbon economy in Britain

Isramart news:
The latest energy bill is designed to help the UK move towards a low-carbon economy. It includes a £9.5bn levy on electricity suppliers to fund four demonstration carbon capture and storage (CCS) coal power plants. The “CCS Incentive”, as the levy is known, was announced last week by energy secretary Ed Miliband as he outlined plans to fast-track major energy infrastructure projects such as coal plants, nuclear power stations and windfarms.

Currently only two of the four demonstration projects, those from Scottish Power and E.ON, are proceeding to the next stage of the CCS competition. Professor Stuart Hazeldine, a geologist at the University of Edinburgh and CCS expert, recently claimed the government’s competition to build to such demonstration plants was “dead on its feet.”

Shadow energy secretary Greg Clark last week said he supported Miliband’s energy plans, but criticised the government for delays on energy policy that had led to a “last minute scramble.” He also said industry figures had suggested the CCS competition was likely to be delayed from its 2014 deadline for active demonstration plants.

The bill also includes provisions to establish a mandatory social price support scheme to help more of the most vulnerable households with their energy bills, and strengthen the powers of regulator Ofgem to refer market abuse to the competition commission.

Ed Miliband, the climate change secretary, said the bill would ensure consumers could “be confident that British energy is sustainable and secure.”"Carbon capture and storage is a key technology to tackle climate change, and 18 days ahead of the crucial talks in Copenhagen, this bill sets up a new CCS Incentive to support the development of up to four commercial-scale CCS projects in the UK,” he said.

Simon Hughes, the Liberal Democrat shadow energy secretary, said he was disappointed that measures on energy efficiency were not in the bill. “If you insulated every home properly in Britain it would be equivalent of taking all the cars of Britain off the roads. What the country needs is a united policy to deliver a warm home for every household,” Hughes said.

Green groups called for a legally-binding limit on greenhouse gas emissions from future coal power plants. David Norman, Director of Campaigns at WWF-UK, said: “Our main concern with this bill is that it does nothing to prevent new large coal plants being built with only a small fraction of their emissions being captured. Without a guarantee of a legally-binding policy which limits CO2 emissions, the bill gives the energy companies too much carrot and no stick.”

Greenpeace’s Jim Footner added: “It will be easier for the Government to sell public funding for carbon capture and storage to cash-strapped British consumers if it goes hand-in-hand with a legal limit on emissions from power stations. And this legal limit would make sure that the coal utilities can’t simply get paid to carry on causing climate change.”

Isramart : Carbon trading scheme gains in Australia

Isramart news:
CANBERRA, Australia, Nov. 25 (UPI) — The Australian government struck a deal Tuesday with opposition leaders on a revised carbon emissions trading scheme, clearing the way for the Senate to approve legislation this week.

The Carbon Pollution Reduction Scheme aims to cut Australia’s emissions
by between 5 percent and 15 percent from their 2000 levels within 10 years.

The deal follows five weeks of intense bargaining in which the government met opposition demands for increased compensation for coal miners, electricity generators and other large polluters. The Senate had rejected a similar bill in August.

Under the concessions, the coal industry will receive $1.5 billion over the next five years, double the previous level of assistance. Electricity generators will get $7.3 billion in assistance over 10 years, up from $3.9 billion. The cost for producing carbon dioxide
will begin at $9.24 per metric ton until July 2012. Thereafter, the market will determine the cost.

Under the revised plan, the government will increase the assistance available to the electricity sector from 130.7 million permits to 228.7 million permits, an increase of 75 percent. It will also increase the period over which the permits are available from five years to 10.

Australia’s carbon trading scheme could serve as a model for other countries, including the United States, during next month’s climate-change talks in Copenhagen, Robert Stavins, director of Harvard University’s environmental economics program, told Bloomberg.

Australia, the world’s largest exporter of coal, is also the biggest per-capita producer of greenhouse gases, with an average output of 20.5 tons of carbon dioxide per person each year.

“It is significant that Australia — a country with significant coal resources, dependence on coal for electricity generation, and great sensitivity of its energy-intensive industries to international competition with Asian countries — would move forward with a climate policy,” Stavins said. “Prime Minister Rudd has already been a leader internationally in climate-change policy, and this development in Parliament can only strengthen that,” he said.

Stavins noted that Australia’s policy could also represent “a meaningful signal” for the United States.

The government hopes to pass the bill before the upcoming climate talks in Copenhagen.

The Climate Institute of Australia Wednesday said although it opposes “extra assistance for big polluters,” it urged “immediate passage” of the carbon emissions trading scheme.

“Now is the time to move on and ensure this legislation is a springboard for ambitious global action and improved Australian carbon competitiveness, not a gangplank to drown global action or leave Australia in the backwaters of the growing global low-carbon economy,” said John Connor, chief of The Climate Institute.

Isramart : ICT has the potential to reduce carbon emissions by 25%

Isramart news:
ICT-based technologies, if used intensively, have the potential to reduce carbon emissions by 25% in the G20 countries, compared with 2006 baseline emissions.

According to a new report from IDC and its industry partners, there are a number of areas where information and communications-based technologies (ICT) can bring immediate benefit in reducing carbon emissions.

Other major findings of the report were that significant reductions can be made across other sectors such as energy generation and distribution, buildings, transport, and industry, and that by integrating renewable energy into energy distribution using smart grids, ICT-enabled smart building systems, ICT-optimised supply chains, and variable motor controls in industrial machinery are the leading technologies for reducing emissions in each of the sectors surveyed.

These headlines from the report were released before it is presented in full to the United Nations Climate Change Conference in Copenhagen.

Roberta Bigliani, research director at IDC Energy Insights, said of the results “ICT-based technologies have considerable potential to reduce carbon emissions. The advantage of the technologies we have identified is that they are already reasonably mature, if not widely implemented. Given that carbon emissions reductions made quickly have more impact on global warming than those that take longer to implement, we recommend that governments and industry immediately evaluate and implement these technologies.”

Isramart : ERA Carbon Offsets Poised for Significant Growth

Isramart news:
ERA Carbon Offsets Ltd. (TSX.V:ESR) has already established itself as a cutting edge innovator in the field of carbon offset generation through reforestation and ecosystem bio-remediation. But what readers of MidasLetter.com have been consistently asking is “How big could this thing get.” After another month of research and interviews, we are pleased to respond with our conclusion: Very big indeed.

Consider the company’s recent agreement with HEAG Südhessische Energie AG (HSE), one of Germany’s largest suppliers of electrical and natural gas energy. ERA closed a deal worth a total of CA$4.25 million by contracting with HSE to sell 500,000 tonnes of “Verified Emissions Reductions” ( or ‘VERs’)in tranches ending in the 1st quarter of 2010.

HSE’s subsidiary, Entega Vertrieb GmbH & Co. KG (Entega) is focused on the provision of modern, sustainable energy to retail clients throughout Germany. With these VERs, Entega will utilize the offsets to create a CO2-neutral energy product for its customers throughout Germany.

Dr. Robert Falls, CEO of ERA commented “We are pleased to be delivering this second tranche of offsets to our clients at HSE/Entega. We believe they stand at the forefront of environmental stewardship as they have made a conscious effort to support the critical role forests play in climate change. We look forward to working closely with them through the remainder of our delivery schedule and beyond.”

Just the Beginning
ERA has now sold and delivered VERs to Shell Canada, one of the world’s major suppliers of petroleum products, HSE, and many other smaller entities, all of which points to an evolving business model that is gaining acceptance internationally as the world accepts carbon emissions ‘cap and trade’ strategies as one way to attempt global carbon dioxide emissions reduction. But the real elephant in the room is the United States market. The U.S. is blamed for nearly 6 billion tonnes of CO2 emissions annually, and is the largest emitter by far than any other country on the planet. The next closest is China, with 3.5 billion tonnes emitted annually.

Thus far, the U.S. has been slow to evolve a legislative framework that would force major industrial emitters onto some kind of schedule that would see any sort of reductions in emissions. That would appear to be on the verge of change, however, as two bills now working their way through the process edge closer and closer to becoming law.

The Senate environment committee approved the Kerry-Boxer cap-and-trade bill on 5 November in a vote that pleased supporters but also emphasized how partisan the issue of climate change has become in Congress.

Democratic environment committee Chair Barbara Boxer proceeded to a vote despite a boycott by all of the committee’s Republican members, who claimed the Environmental Protection

Agency had not completed a full economic analysis – a charge Boxer and other Democrats denied.

Seperately, A group of senators led by Michigan Democrat Debbie Stabenow yesterday released the Clean Energy Partnership Act, which will be added to the Kerry-Boxer cap-and-trade bill making its way through Congress.

The new bill establishes rules for the creation of an agricultural and forestry offset program in the US.

It also contains provisions for offsets generated from reduced emissions from deforestation and forest degradation (Redd) projects in developing countries. Co-sponsors of the bill include moderate Democrats who represent rural and manufacturing states. Their support is considered essential to the passage of Kerry-Boxer.

These senators include Montana Democrat Max Baucus, the only Democrat on the environment committee to vote against passing the Kerry-Boxer bill out of the committee on 5 November.

Other key senators supporting the bill are Democrats Sherrod Brown, Mark Begich, and Tom Harkin.

“There are a number of noteworthy co-sponsors that you ultimately need to attract to pass a bill in the Senate,” said Kyle Danish, counsel to the Coalition for Emission Reduction Projects.

The coalition praised the bill, claiming it will help to provide sufficient supply of offsets in a federal cap-and- trade system.

The bill lists specific eligible offset types. They include:

* coalmine methane, landfill gas and fugitive emissions from the oil and gas sector;
* projects involving afforestation or reforestation of acreage not forested as of 1 January 2009;
* forest management and reduced deforestation;
* carbon capture and storage;
* recycling and waste minimization projects;
* projects relating to agricultural, grassland and rangeland management;
* animal management practices;
* urban tree-planting.

The bill also allows offsets for international reduced deforestation projects that started after 1 January 2001 and are registered no later than 2 years after the start of an offset program.

The international deforestation project provisions were not present in an earlier version of the bill and reflect a strong push from offset organizations to get early action Redd projects included in the bill, said Danish.

The legislation also allows a broad range of offset programmes that qualify for registering projects, said Danish.

Qualifying programs would likely include the Climate Action Reserve, the Voluntary Carbon Standard and the American Carbon Registry, he said.

In a previous version of the bill, preference was given to state-run programmes, such as the Regional Greenhouse Gas Initiative and California’s AB 32.

“The bill sets a clearer pathway for voluntary programmes,” said Danish.

The legislation provides a 10-year crediting period for projects that go back as far as 1 January 2001.

It provides a 1 to 1 fungibility for these pre-2009 offsets, as long as they meet the standard eligibility requirements for offsets.

Unlike the Kerry-Boxer bill, the amendment allows for both the US Environmental Protection Agency (EPA) and the US Department of Agriculture (USDA) to administer offsets. The National Farmers Union also voiced support for the bill.

Big Emitters will be Big Customers for ERA
A study by Point Carbon research analysts examined which companies face the greatest financial burden under an emissions-trading system (ETS) outlined in the Senate’s Kerry-Boxer bill.

The report focused on the power and oil sectors, which together account for nearly 40 per cent of covered emissions under the bill’s proposed carbon market. Although top US emitter ExxonMobil accounts for over 6 per cent of the country’s total greenhouse gas emissions, its annual operating income would be only mildly affected by cap and trade.

This is because oil companies will be able to recover most of their carbon costs through raising gasoline prices 5 per cent, Point Carbon analysts said.

They estimated allowances would cost $15 during the first few years of a cap-and-trade scheme, which would begin in 2012.

US carbon caps under Kerry-Boxer are set at 20 per cent below 2005 levels by 2020. ExxonMobil would have a final carbon cost of $277 million, as the oil giant would need to buy $5.9 billion worth of allowances each year to comply with caps, or 8 per cent of its operating income.

Isramart : Carbon Offset Your Business at RSNA 2009 with Schaef SystemTechnik’s Carbon Credits

Isramart news:
Schaef SystemTechnik GmbH seeks to help businesses in the medical IT sector impact upon their contribution to global warming through the provision of carbon credits, and is symbolising their commitment at this year’s Radiological Society of North America meeting in Chicago. Carbon credits will be available in the form of certificates representing ownership of olive trees planted in South Africa by a company called Carbon Credit Tree Africa, and all visitors to Schaef SystemTechnik’s stand at RSNA 2009 will receive a free tree in the name of their choice.

London UK (PRWEB) November 25, 2009 — In the ever-intensifying fight against global warming carbon credits have emerged as a simple yet effective weapon. They enable organisations to decrease their impact on the environment without altering business practices. At the RSNA 2009 General meeting and Scientific Assembly, Schaef SystemTechnik will be providing an opportunity to carbon offset the emissions of attendees and will be giving away carbon credits in the form of trees planted in the name of choice of the first 1000 visitors to their booth.

Schaef SystemTechnik believes that global warming can only be impacted upon if positive steps are taken in all industry sectors and believes that the RSNA 2009 meeting, as the preeminent professional radiology event in the world, is the perfect platform on which to deliver this important message. In addition, an innovative scheme to provide X-ray facilities to people in remote African locations is being developed as described below, and details of this will also available at the event.

Schaef SystemTechnik is a company focussed not only on making the medical IT industry more aware of its environmental impact but also on providing solutions to the highlighted problems. In partnering with Carbon Credit Tree Africa, whose tree plantations act as safe havens for Aids orphans, they have put in place a strategy to do just that and invite all attendees at RSNA 2009 to come and share in their vision.

Statistics show that a single computer can produce as much as two tonnes of carbon dioxide every year whereas a single tree can remove up to three tonnes from the atmosphere over its lifetime. Schaef SystemTechnik’s initial agreement with Carbon Credit Tree Africa consists of the cultivation of 1000 trees representing a significant investment in the reduction of global warming.

Besides the removal of atmospheric carbon during photosynthesis, such trees will also help reduce other types of air pollution, recycle water, generate oxygen and control local soil erosion, all of which compounds their positive environmental impact.

Planting trees has long been identified as an effective carbon offsetting strategy and is accepted by the Kyoto Protocol as such. For medical IT companies the ability to purchase the carbon credits offered at RSNA 2009 has the dual benefit of reducing environmental impact whilst raising their environmental profile. In addition, Carbon Credit Tree Africa offers more than a carbon offsetting opportunity; they also provide an incredible multifaceted environmental and social return on investment, as is explained further below.

The African company has a sustainable business model in every sense of the word but also goes above and beyond a carbon credit business. The trees planted not only reduce atmospheric carbon during their lifetime but are also used to further offset emissions once matured. Olive trees planted in the company’s Western Cape property in South Africa will, for example, also produce olive oil as a replacement for diesel and biogas burned in place of natural gas.

The company also offsets its own emissions through planting trees and provides information on how customers may decrease emissions in other ways. The tree plantations it owns and manages are designed as safe, healthy habitats where Aids orphans can live and work meaning that any carbon credits purchased through Schaef SystemTechnik will be of both environmental and humanitarian benefit.

Carbon Credit Tree Africa is the very definition of a socially and environmentally aware business and the possibility to positively impact a company’s effect on global warming by partnering with them is one that should not be easily overlooked.

The environmental commitment exhibited by the Germany-based Schaef SystemTechnik also ext further than the facilitation of carbon credits. They have an agreement in place with innovative solar energy company SolarBotanic that will enable women in remote African villages access to X-ray scanning equipment.

SolarBotanic has developed next-generation solar products in the form of artificial trees that utilise a combination of nanotechnologies to capture energy in the form of heat, light and wind resulting in renewable, highly efficient and aesthetically pleasing electricity generation.

By creating X-ray scanning facilities powered by solar trees, SolarBotanic and Schaef SystemTechnik will provide people in remote areas the access to a technology they may never have used before, using electricity generated by a completely renewable source. The ability to engage in such humanitarian activity with the provision of a technology that is renewable and carbon neutral is in line with Schaef SystemTechnik’s environmental outlook and further emphasises their commitment to fight global warming.

If yours is one of a growing number of companies eager to fight against global warming then Schaef SystemTechnik’s carbon credit opportunity could be just the pretext you need. Please visit booth 1832i at RSNA 2009 to receive your free carbon credits and learn more about how Schaef SystemTechnik and their partnerships with SolarBotanic and Carbon Credit Tree Africa is combating climate change and could also help carbon offset your organisation in the process.

Isramart : The Linde Group and Algenol Biofuels agree to cooperate in CO2 and O2 management for biofuel production from algae

Isramart news:
Munich, 18 November 2009 – The technology group The Linde Group and the US company Algenol Biofuels LLC have agreed to collaborate in a joint development project in order to identify the optimum management of carbon dioxide (CO2) and oxygen (O2) for Algenol’s unique algae and photobioreactor technology. This cooperation will see the companies join forces to develop cost-efficient technologies that capture, store, transport and supply CO2 for Algenol’s proprietary process for the production of third-generation (3G) biofuels out of carbon dioxide (CO2), salt water and algae, as well as remove oxygen from the photobioreactor.

“Producing fuels or chemicals from algae is a promising way of reducing greenhouse gas emissions,” said Dr Aldo Belloni, member of the Executive Board of Linde AG. “A cost-efficient supply of CO2 is a key factor in this biofuel chain. As a pioneer and leading company in CO2 capture, transport and supply we are delighted to be a key player in major projects in the algae-to-biofuel area.”

The research collaboration builds on a process developed by Algenol Biofuels and other partners. This method utilizes algae, CO2, salt water and sunlight to directly produce 3G bioethanol and other 3G biofuels or biochemicals in photobioreactors. This technology promises numerous benefits. The production facilities, for example, do not need to be built on land required for food or feed production. Furthermore, the procedure does not consume fresh water nor does it involve costly steps for processing or harvesting and storing biomass. A further key benefit is that the algae also consume CO2 from fossil fuel sources (combustion flue gases from coal-fired power plants, for example). The process is almost entirely powered by the sun.

Linde has a wealth of experience in the cost-efficient supply of CO2 for climate- and eco-friendly CO2 recycling applications. The OCAP project (organic CO2 for assimilation by plants) in the Netherlands is a case in point. Here, Linde supplies over 500 greenhouses covering a total area of 1,500 hectares with CO2 transported by pipeline from a refinery. The higher concentrations of CO2 enable the greenhouse crops to grow much faster. Linde also works with leading energy groups to develop, plan and build pilot facilities for capturing and storing CO2 from power plant processes.

About the Linde Group The Linde Group is a world leading gases and engineering company with almost 50,000 employees working in around 100 countries worldwide. In the 2008 financial year it achieved sales of 12.7 billion euro. The strategy of The Linde Group is geared towards sustainable earnings-based growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. Linde is committed to technologies and products that unite the goals of customer value and sustainable development.

For more information, please see The Linde Group online at www.linde.com

About Algenol
Algenol today possesses the most advanced third-generation biofuel technology in the United States. Algenol makes low-cost ethanol directly from CO2 and seawater using hybrid algae in sealed, clear plastic photobioreactors through its unique, patented Direct to Ethanol® technology – all powered by the sun. Algenol’s research and development efforts have culminated in a process that produces over 6,000 gallons of ethanol per acre per year, compared to corn at 400. Algenol’s process achieves an energy balance of more than five to one and a lifecycle carbon footprint that is merely 20 percent of petroleum (an 80 percent reduction from petroleum).