carbon credits

Several companies are now trying to put this into practice and thus make money by selling carbon credits.

Chinese firms have received billions of dollars worth of carbon credits, much of which has been used to fund wind farms.

"You could increase the income, so I hope some day people that maintain this area are able to get carbon credits, " Ahnert says.

The Centre wants farmers to be able to claim carbon credits for increasing forest cover.

About 90 per cent of the bank's investment will be used to buy carbon credits in various emissions trading schemes around the world.

Poland also wants to be able to continue selling certain carbon credits after the Kyoto protocol expires in 2012.

Chemical plants that reduce the amount of polluting HFC gases they release into the atmosphere receive "carbon credits" in return.

Carbon credits are bought by companies or countries that have exceeded their emissions limits, as a way to balance their emissions budget.

A United Nations committee is in various stages of reviewing about 25 wind-power projects that applied to receive carbon credits.

Companies that emit excess of carbon would be able to buy carbon credits to offset their pollution.

"We intend to be front-runners in selling carbon credits for our industry, " Mr Woo told the Financial Times.

The possibility of selling carbon credits to companies in the industrialised world is an added financial advantage.

Camco generates carbon credits by partnering with companies to identify, develop and manage projects that reduce greenhouse gas emissions.

The demand for carbon credits comes mostly from within the ETS, from polluters who need certificates allowing them to emit carbon.

The company is now working with the Chinese government to reward farmers who plant the rice with carbon credits that they can sell for cash.

The EU proposal will assign each sector a "benchmark" and award carbon credits if the sector makes cuts that go beyond the benchmark.

Their dirty industries collapsed during the 1990s, so they are awash with carbon credits that can be bought for a small consideration.

Camco then arranges the sale and delivery of carbon credits to international compliance buyers and into the voluntary market.

Tougher regulation is driving the creation of a large market for trading carbon credits.

However, some scientists believe that carbon credits can still be a valuable tool.

And at least one private firm has come in for criticism for attempting to sell carbon credits based on ocean fertilisation.

China looks well placed to capture international clean coal technology contracts, even without help from carbon credits.

When expectations of carbon markets were higher, plans were afoot for bonds offering a mixture of financial returns and carbon credits.

The oil's net present value is over four times greater than the market price of the European carbon credits Mr Correa hoped to obtain.

Carbon credits could provide additional incentive to rebuild fish and whale populations, Pershing says.

Carbon credits can be purchased in a variety of ways.

Carbon credits encourage those countries to undertake gas flaring reduction projects.

TransMilenio first large transportation project approved by UN to generate and sell carbon credits.

Development of new contracting structures designed to deliver more value to the generators of carbon credits.

To encourage them to grow these reflective crops, farmers could be rewarded with carbon credits.

Under the CDM mechanism, rich countries can invest in carbon-abatement projects in poor countries and get carbon credits that can be traded.

More than 500 National Hockey League players have promised to offset their travel emissions by buying carbon credits.

There are signs that China is contemplating using carbon credits as a way to reach its goal of slowing the pace of carbon emissions.

Unlike oil, gold and other commodities, carbon credits have no existence outside the registries' databanks.

It hopes the move will also encourage other public and private investors to invest in carbon credits that may come on stream after 2012.

But the European Commission has proposed a ban on forestry carbon credits until 2020, fearing such moves would flood the carbon market.

In early January thieves took advantage of lax security to steal over 3m carbon credits (about 2 billion are issued each year).

Some 1, 950 projects have been registered with the UN's Clean Development Mechanism, which issues carbon credits under the Kyoto protocol.

By installing cheap equipment, the companies could gain "carbon credits" which they could sell for hundreds of millions of dollars.

The supply of carbon credits comes principally from two sources.

Under the CDM, the UN awards carbon credits to emissions-reducing projects in the developing world.

The UN's climate change secretariat said China was expected to account for 41 per cent of all carbon credits issued by the UN by 2012.

These projects, such as wind farms or solar power, are granted carbon credits by the United Nations.

At the same time, hunters will earn a certain amount of carbon credits and carbon trading in the process of converting it into money.

Japan's carbon-dioxide emissions would also rise, forcing businesses to buy additional carbon credits.

Forests planted for carbon credits may increase to 30, 000 hectares a year compared with 3, 500 hectares in 2009, the government estimates.

Can carbon credits ease your pain?

How do you price those different carbon credits with this international currency?

H: This is true. So I'd like you all to consider buying carbon credits.

People who fly more than that would have to buy carbon credits on the equivalent of a credit card.

Spot prices for carbon credits were NZ$18. 45 per metric ton on Aug.

This scheme allows developing countries to earn tradeable carbon credits for emissions reductions from clean-energy projects.

Chinese projects created 73 per cent of last year's Kyoto carbon credits.

About $3bn in carbon credits from developing countries were traded in the first nine months of last year, according to the World Bank.

The types of projects that are valuable for carbon credits include: