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Global forest-protection plan depends on carbon credits

2013-04-03 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: The forests of Kahuzi-Biega Park in the Democratic Republic of the Congo have been pillaged for timber, minerals and wild game. But thanks to an ambitious environmental proposal, their most valuable resource may be the carbon in the trees. The project, called REDD+ (Reducing Emissions from Deforestation and Forest Degradation in Developing Countries), has a clunky name but comes with promises of billions of dollars in funding and the hope that it can reduce both deforestation and climate change....

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A Tax Credits Renewal Lifts Wind Projects

2013-03-22 03:09:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: After a deep slump at the end of last year, the wind industry is picking up. First Wind, a Boston-based developer and operator that was sitting on a pile of stalled projects with the potential to power roughly 300,000 homes, now expects to go forward with many of them. Broadwind, an energy manufacturing and services company, based in Cicero, Ill., recently announced winning two new orders for wind towers worth $62 million. At least nine utilities, including Xcel Energy and a subsidiary of American...

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Ethanol Credits May Raise Gasoline Prices Further

2013-03-21 23:12:53| AutomotiveDigest.com - Automotive Industry News

Ethanol in the US gasoline supply is raising prices at the pump and could widen the price gap between regular and premium gasoline, according to analysts. In an effort to meet federal renewable fuel standards, refiners have been trading ethanol credits in, raising credit prices recently. The prices for these credits have bounded from pennies [...]The Article Ethanol Credits May Raise Gasoline Prices Further appeared first on Automotive Digest.

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Obama Proposes Tax Credits to Promote Natural Gas Use in Trucking Industry

2013-03-20 07:11:43| Trucking - Topix.net

President Obama has proposed giving those who buy trucks powered by natural gas, a 50% tax credit on the price differential between natural gas and diesel-powered trucks.

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Disney buys $3.5M in REDD credits from rainforest conservation project in Peru

2013-03-20 06:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: The Walt Disney Company has purchased $3.5 million dollars' worth of carbon credits generated via rainforest conservation in Peru, reports Point Carbon. Disney bought 437,000 VCUs (verified carbon units) issued by the Alto Mayo Initiative, a project that aims to protect 2.8 million hectares of tropical forest in northeastern Peru. Alto Mayo is a joint initiative run by the Peruvian government and Conservation International. The credits are generated by reducing emissions from deforestation...

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