Articles tagged with Carbon Trading
Scientists have developed a light-activated material that can convert carbon dioxide into carbon monoxide, a key building block for fuels and chemicals, using sunlight and water. The material, which combines ideas from biology and materials science, produces CO extremely efficiently with no detectable by-products.
Climate warming stimulates sphagnum growth, promotes iron protection, and inhibits microbial decomposition in boreal peatlands. This leads to increased soil carbon accumulation, potentially offsetting half of the decline in boreal forest carbon sink under future warming.
A new study provides guidance on designing markets for non-permanent carbon removals, highlighting the importance of permanent storage in policy design. The research emphasizes the need for accurate monitoring and verification to prevent liabilities and adverse incentives.
A study identified 167 native species of the Atlantic Forest with bioeconomic applications, including medical, cosmetic, and food sectors. The researchers found that 78 species have registered patents in 61 countries, offering an economic incentive for reforestation projects.
A new study offers a risk management approach to assess carbon removal portfolios and their potential to limit global warming over centuries. The framework suggests combining nature-based carbon storage like forestry with technology-based solutions like Direct Air Capture can provide long-term temperature stabilization.
New research highlights four components where nature-based climate actions have fallen short, including inadequate accounting for albedo and carbon leakage. The study proposes reforms to improve the performance and scalability of these strategies.
A new approach suggests using quasi-experimental methods to estimate project impacts, reducing overestimated emissions reductions and increasing the effectiveness of carbon offsets. This could involve mechanisms like risk sharing along the value chain to overcome implementation hurdles.
A new study suggests that afforestation may not be a viable method for offsetting carbon dioxide emissions from fossil fuel reserves due to spatial requirements and financial viability. The analysis found that planting trees on an area larger than North America would be needed to offset the potential emissions, raising concerns about d...
A recent study presents a novel approach to optimizing peer-to-peer coupled electricity and carbon trading among prosumers. The proposed framework achieves optimal electricity–carbon P2P trading, outperforming traditional market schemes in terms of economic benefits and carbon-emission reduction.
A worldwide analysis of voluntary carbon offset programs identified trends in renewable energy, forestry, and other technologies. Forestry and land management projects initially increased due to REDD+ programs, but shifted towards nature-positive solutions after 2016.
A new study from Colorado State University suggests that transitioning to green wastewater-treatment approaches, financed through carbon markets, could save $15.6 billion and reduce CO2-equivalent emissions by 30 million tonnes over 40 years. The research explores the potential economic tradeoffs of switching to green infrastructure an...
Jian Shi, a UH researcher, has developed a carbon-driven framework called "ZERO-Accelerator" to expedite the transition from fossil fuels to clean energy. The framework integrates novel mechanisms and algorithms into current power grid operational practices to achieve a 24/7 zero-carbon power grid.
A new study finds that global carbon markets overcredit cookstove GHG reductions by a factor of 10, affecting climate targets and trust in the market. The study recommends prioritizing projects with stoves meeting World Health Organization's health standards.
Researchers at UNIST have achieved a significant breakthrough in organic semiconductor synthesis by synthesizing a novel molecule called BNBN anthracene. This derivative exhibits unique properties, including precise modulation of electronic properties without structural changes.
Researchers develop a method to verify whether carbon in concrete comes from air or raw materials. By analyzing carbon isotopes, they can confirm direct air capture and certify offsetting CO2 emissions. This technology is crucial for the construction industry and supports a circular economy.
A new method estimates the benefit of carbon stored because of forest conservation, enabling direct comparison of projects. The technique generates incentives for safeguarding forests long after credits have been issued.
A recent study evaluates the feasibility of ammonia-based power generation through techno-economic and carbon footprint analyses. The research reveals an impressive energy efficiency rate of 46.7% within the designed power generation process, with costs and greenhouse gas emissions considered.
A recent study published in Regional Studies found that California's Cap and Trade Programme does not achieve its goal of reducing carbon emissions while allowing for economic growth. The researchers compared county-level economic growth and emissions data with neighboring states and found no significant differences, indicating a poten...
A new, energy-efficient approach to removing CO2 directly from air has been developed at Oak Ridge National Laboratory and licensed to Holocene. The technology uses an aqueous solution containing receptors called Bis-iminoguanidine to absorb carbon dioxide, which can then be stored deep underground.
New research suggests that rationing could help states reduce greenhouse gas emissions rapidly and fairly. By allocating resources based on needs, rather than market forces, policymakers can create a more equitable approach to climate change mitigation.
The study identifies households with high energy expenditures as the most affected groups, which should receive direct transfers for compensation. Cash payments to all households combined with moderate support for renewable energies can achieve a socially just solution, lowering energy prices and reducing hardship cases.
A new analysis by Carnegie Mellon University researcher Akshaya Jha finds that risk aversion drives the purchasing of coal primarily from long-term contracts, resulting in premium prices. The study estimates that if power plants purchased all their coal from the spot market, annual aggregate cost savings would be $2.9 billion on average.
Expanding the EU's Emissions Trading System to cover road transport and heating fuels could be a cost-effective way to reduce emissions, but may affect consumers. Thoughtful policy design is crucial to relieve burdens and ensure equitable distribution of costs.
A new study found that consuming sustainably sourced wild meat instead of domesticated livestock reduces greenhouse gas emissions and retains precious tropical forest systems. This can lead to significant financial incentives for forest conservation through carbon credit revenues, totaling millions of dollars per year.
A recent study suggests that personal carbon allowances (PCAs) may be a feasible solution to reduce emissions and promote sustainable lifestyles. The researchers propose a market-based approach to provide individuals with incentives and options to link their actions with global carbon reduction goals.
A new study proposes establishing carbon removal obligations to manage the growing global carbon debt, which could amount to 2-18 years of pre-COVID emissions. This approach aims to distribute financial flows and costs more equitably over time, ensuring a viable net-negative carbon economy.
A new study reveals that climate change can cause greater damages to economies than previously thought, with up to three times the estimated output losses of a 1°C hotter year. The research found significant economic losses of 10% globally and over 20% in tropical regions by 2100.
Researchers found that the European Union Trading System (EU ETS) prevented approximately 1.2 billion tons of carbon dioxide from being emitted between 2008 and 2016. Low carbon prices were associated with a decrease in demand for emission permits, but still resulted in significant emission reductions.
Researchers at University of Nevada, Reno partner with Earthwatch Institute to study Sierra meadow ecosystems and their carbon storage potential. Citizen scientists from northern California and Reno area participate in project, measuring carbon stored in plants and vegetation.
Carbon markets are emerging at the state and global levels, teaching valuable lessons on what works and what doesn't in reducing greenhouse gas emissions. Despite challenges, these markets have expanded to cover a substantial share of global emissions and encouraged modest reductions.
A novel global trading system based on cost-effectiveness of health interventions is proposed to help fund global health. The system, which exchanges DALY credits, aims to incentivize high-income countries to scale up their health commitments and meet the Millennium Development Goals.
A cap and trade system for interstate water trading could help solve the Colorado River's water supply problems, researchers propose. The system builds on Australia's successful Murray-Darling Basin model, exploring its viability for the US.
A new study by Margaret Taylor of Lawrence Berkeley National Laboratory finds that successful cap and trade programs often reduce incentives for innovation, as low-cost emissions reductions lead to lower allowance prices. This has significant implications for developing more effective pollution control targets.
A new American University study finds that environmentalists had the spending edge in the cap and trade debate, with $1.7 billion in revenue and $394 million spent on lobbying efforts. The report also shows that news coverage overwhelmingly reflected the consensus view among scientists on climate change.
A carbon swap bank could lead to genuine reductions in carbon dioxide emissions, according to Australian researchers. The concept allows for direct deposits of sequestered carbon and withdrawals of emission rights, bypassing issues with accurate measurement and international regulation.
A new study by the University of Maryland suggests that rewarding eco-friendly farmers with financial incentives can help reduce fertilizer run-off and capture carbon dioxide, both contributing to combating climate change. By setting up a 'nutrient trading market,' farmers can earn credits for using best practices, which can then be so...
A Scripps/LLNL team has won a grant to improve greenhouse gas emissions verification using continuous atmospheric measurements. The method will focus on industrially produced gases with limited sources, aiming to create reliable computer representations of emissions activity.
A new study explores ways to target the compensation provided by free emission allowances under a CO2 cap and trade policy. Granting limited allowances can help compensate firms that benefit from the program, but may be costly to administer. The researchers suggest using targeted compensation methods to reduce costs.
The partnership aims to standardize carbon credit trading in the US, utilizing Argonne's GREET model. This collaboration may lead to increased credibility and growth in the green-energy market.