Carbon Trading
Articles tagged with Carbon Trading
Relaxing rules on carbon markets would undermine climate action, scientists warn
Researchers caution that weakening core safeguards in carbon markets risk worsening climate impacts and increasing net carbon emissions. Indigenous land stewardship is vital for maintaining intact ecosystems and vital carbon sinks, but alternative support mechanisms are needed to preserve the integrity of climate action.
Carbon credits have enabled vital protection of tropical forests, despite being oversold tenfold
A major analysis found that four in five REDD+ projects successfully protected forests. Many projects have slowed deforestation despite over-crediting; 'bad credits' do not necessarily mean bad projects.
Light-activated material offers new approach to carbon dioxide conversion
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.
Scientists report increased rather than decreased soil carbon accumulation in boreal sphagnum peatlands under warming
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.
How markets should be designed for non-permanent carbon removals
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.
Non-timber products have the potential to finance reforestation projects
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.
Locking carbon in trees and soils could help ‘stabilize climate for centuries’ – but only if combined with underground storage
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.
For nature-based climate solutions to work, they must be restructured
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.
Carbon credits: Enhanced credibility through better impact measurements
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.
Environment: Offsetting fossil fuel reserves by planting trees faces ‘unsurmountable challenges’
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...
Optimal peer-to-peer coupled electricity and carbon trading in distribution networks
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.
Decarbonization dynamics: new analysis unveils shifting trends in the voluntary carbon offset market
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.
Switch to green wastewater infrastructure could reduce emissions and provide huge savings according to new research
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...
Innovative decarbonization: UH researcher offers carbon-driven framework to accelerate shift toward net-zero electric power sector
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.
As a carbon offset, cookstove emission credits are greatly overestimated
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.
Breakthrough in organic semiconductor synthesis paves the way for advanced electronic devices
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.
New method verifies carbon capture in concrete
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.
Offset markets: New approach could help save tropical forests by restoring faith in carbon credits
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.
New study highlights feasibility and optimization of ammonia-based power generation for carbon neutrality
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.
Failings of California’s Cap and Trade Programme revealed in new analysis
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...
Direct air capture technology licensed to Knoxville-based Holocene
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.
Rationing: A fairer way to fight climate change?
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.
Targeted reimbursement: A just price for CO2
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.
Analysis: Risk aversion plays an important role in the coal-contracting behavior of US power plants
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.
What would expanding the EU's emissions trading system mean for consumers and climate goals?
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.
Study reveals impact of wild meat consumption on greenhouse gas emissions
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.
Pandemic and digitalization set stage for revival of a cast-off idea: personal carbon allowances
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.
Dealing with global carbon debt
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.
Heating our climate damages our economies - study reveals greater costs than expected
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.
Reducing carbon emissions with carbon markets
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.
Meadow restoration studied for potential to build carbon credits in California
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.
Lessons offered by emerging carbon trading markets
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.
Novel trading system could help fund global health
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.
Could cap and trade for water solve problems facing the United States' largest rivers?
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.
New research suggests cap and trade programs do not provide sufficient incentives for innovation
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.
In cap and trade fight, environmentalists had spending edge over opponents, new report finds
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.
Carbon swap bank to beat 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.
Rewarding eco-friendly farmers can help combat climate change
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...
Scripps/LLNL team wins grant to improve greenhouse gas emissions verification
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.
Cap and trade policies limiting CO2 can increase value of some electricity generating firms
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.
FCstone carbon teams up with Argonne to quantify biofuel carbon credit reductions
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.