Category Archives: Uncategorized

Citi to Purchase 1.17 Million Tonnes of Carbon Credits in Innovative Microfinance Deal with MicroEnergy Credits and Mongolia’s XacBank

NEW YORK, Apr 26, 2012 (BUSINESS WIRE) — In a deal that combines microloans in Mongolia with the sale of carbon credits on the European Union Emissions Trading Scheme (EU ETS), Citi’s London-based Environmental Products Trading and Origination team, working … Continue reading

Posted in Uncategorized | Leave a comment

Price of Carbon Credits set to Go Up

Carbon credit prices may go up after deal on Kyoto extension Namrata Singh, Times of India news MUMBAI: Carbon credit prices , which have crashed to euro 5 per unit currently, way below the psychological euro 10 per unit level, … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

India: Himachal carbon credit project to be replicated in other states

Indian Express: After getting the Mid-Himalayan Watershed Development Project registered with the United Nations Framework Convention on Climate Change (UNFCCC), Himachal Pradesh has become the first state in India to implement the clean development mechanism (CDM) project. Under the project, world’s largest, … Continue reading

Posted in Uncategorized | Leave a comment

What are carbon credits?

Carbon credits are generated by enterprises in the developing world that shift to cleaner technologies and thereby save on energy consumption, consequently reducing their greenhouse gas emissions. For each tonne of carbon dioxide (the major GHG) emission avoided, the entity … Continue reading

Posted in Uncategorized | Leave a comment

world’s first rail network to earn carbon credits

Delhi Metro officials tour metro train facility in New Delhi, Sept. 17, 2002. The passenger rail system in India’s capital has become the world’s first rail network to earn carbon credits from the United Nations for helping to reduce greenhouse … Continue reading

Posted in Uncategorized | Leave a comment

Introduction to Carbon Credits

INTRODUCTION Everyone has been poluting for a while and getting away with it. Within the last decade, governments have agreed to tax this pollution in an effort to reduce global pollution and climate impact as a result. The conclusion of … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment