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| | Barack Obama President, USA |
|  | | Clean energy and the jobs it createsExcerpts from President Obama's Weekly Address, The White HouseYesterday, the House of Representatives passed a historic piece of legislation that will open the door to a clean energy economy and a better future for America. ... |  | | |
| | Sunita Narain Editor, Down To Earth magazine, Centre for Science and Environment |
|  | | Another co2alition of the willing?It was the biannual gathering of over 100,000 Protestants in Bremen, a small town in Germany. As the articulate minister for environment, Sigmar Gabriel, came to participate in a discussion on energy security for a climate-secure world, many stood up. Soon the hall was full of blue placards, held high, all saying: &ld... |  | | |
| | David J. O'Reilly Chairman and CEO, Chevron Corporation |
|  | | Facts are stubborn thingsExcerpts from his speech at the Chief Executives' Club of Boston Boston, MassachusettsWe've all heard people running for office promise to reduce carbon emissions by this or that big percent... |  | | |
| | Giovanni Bisignani Director General and CEO, IATA |
|  | | Airlines should get carbon credits for every cent they pay whether in taxesThe biggest job in resizing and reshaping is our relationship with governments. It starts with climate change. Even in a recession, environment is at the top of our agenda. No other industry is as ambitious. Two years ago, I announced a vision to achieve carbon-neutral growth o... |  | | |
| | Lew Hay Chairman and CEO, FPL Group |
|  | | FPL Group is remarkably well positioned for the clean energy economy of the futureClean-energy investments are positioning FPL Group, Inc, a leading clean energy company with 2008 revenues of more than $16 billion, for continued growth in a low-carbon future, according to FPL Group Chairman and CEO Lew Hay. Hay noted that companies with low carbon-dio... |  | | |
| | Christiana Figueres Vice Chair, Carbon Rating Agency |
|  | | pCDM clearly emerging as the “new CDM”Christiana Figueres is a leading UN climate negotiator and expert on the Clean Development Mechanism. She is the Vice Chair of IDEAcarbon’s Carbon Rating Agency, and one of the most experienced CDM experts in the climate change field. Figueres is a former member of the CDM Executive Boa... |  | | |
| | Sunita Narain Editor, Down To Earth magazine, Centre for Science and Environment |
|  | | Climate lectures don’t make lessons There was a jamboree in my town recently, a gathering of the powerful and famous, to discuss the climate change agreement the world must carve out in Copenhagen by end 2009. But what happened was rather discomforting: We Indians were publicly lectured, castigated and rapped on our knuckles for being bad boys a... |  | | |
| | Lex de Jonge Chair, CDM Executive Board |
|  | | The CDM has suffered from its own successInternational emissions offsetting under Kyoto Protocol has critical role in response to climate change Combating climate change requires action on all fronts and in all countries, which underscores the need to scale up and enhance innovative initiatives like the clean development mechani... |  | | |
| | Yvo de Boer Executive Secretary, UNFCCC |
|  | | What needs to be achieved in 2009 for Copenhagen to be a success? United Nations Framework Convention on Climate Change The Secretary-General of the United Nations has termed this year the "year of climate change." The reason is obvious: Copenhagen. December. 2009. Copenhagen 20... |  | | |
| | Sunita Narain Editor, Down To Earth magazine, Centre for Science and Environment |
|  | | "I spent a week at the climate change conference in Poznan, and realized the world is in deep trouble and deeper denial,"-Sunita NarainI spent a week at the climate change conference in Poznan, and realized the world is in deep trouble and deeper denial. Worse, the denial is now entirely on the side of action. It is well accepted that climat... |  | | |
| | Elizabeth A. Moler Executive Vice President, Government and Environmental Affairs and Public Policy, Exelon Corporation |
|  | | Putting a price on greenhouse gas emissions will drive innovation We are encouraged that President Elect Obama and his team are saying that his Administration will put a high priority on working with Congress to enact mandatory, economy-wide climate legislation. We at Exelon believe that putting a price on greenhouse gas emissions wil... |  | | |
| | Yvo de Boer Executive Secretary, UNFCCC |
|  | | The current financial crisis is not a justification for delaying action on climate change Statement to the Second Committee of the UN General Assembly, 27 October 2008,Yvo de Boer, Executive Secretary, United Nations Framework Convention on Climate Change ... |  | | |
| | José Manuel Durão Barroso President, European Commission |
|  | | It is important now that we get political agreement on the whole climate change package at the December European Council Excerpts from President Barroso’s speech at the Friends of Europe VIP Policy Summit, Brussels, 9 October 2008... |  | | |
| | Kanwal Jit Singh , Surbhi Financial Technologies |
|  | | Evaluation of RE solutions: Investment Decision Kanwal Jit Singh from Surbhi Financial Technologies presents issues in the renewable energy sector. This is the first part of a series presented to the users of CARBONyatra EVALUATION OF RE SOLUTIONS: INVESTMENT DECISION ... |  | | |
| | Yvo de Boer Executive Secretary, UNFCCC |
|  | | Copenhagen 2009 is about taking responsibility Korea Green Foundation, Seoul, Republic of Korea, Lecture by Yvo de Boer, Executive Secretary, United Nations Framework Convention on Climate Change.“The need for global low-emissions economic development&rdquo... |  | | |
| | Sunita Narain Editor, Down To Earth magazine, Centre for Science and Environment |
|  | | Green politics for green technologies That we need ‘green’ technologies -- wind, solar or biomass gasification -- for future energy security is no longer a matter of debate. The critical question, now, is: under what conditions can these emerging technologies be introduced into the market? The answer is not so s... |  | | |
| | Kanwal Jit Singh , Surbhi Financial Technologies |
|  | | Western media perspectives, additionality and CDM Kanwal Jit Singh from Surbhi Financial Technologies provides an insight into the concept of CDM additonality: Additionality is a key concept at the very foundation of Clean... |  | | |
| | Andrew Duff CEO, RWE npower |
|  | | Like all energy generators, we are a significant emitter of CO2RWE npower is a leading integrated UK energy company and is part of the RWE Group, one of Europe’s leading utilities. ... |  | | |
| | Sunita Narain Editor, Down To Earth magazine, Centre for Science and Environment |
|  | | Climate-murder. But who cares?The mean world of climate changeThe Prime Minister has released India’s national action plan on climate change. For those engaged ... |  | | |
| | Stavros Dimas Commissioner for Environment, EU |
|  | | EU emission trading should be the central pillar to a global carbon marketExcerpts from the speech at Meeting of Young Global Leaders at the European Parliament, Brussels, 16 July 2008As a slightly less young global leader who has spent a considerabl... |  | | |
| | José Manuel Durão Barroso President, European Commission |
|  | | We need to move fast and work hard to secure an ambitious global deal in CopenhagenThe following are excerpts from President Barroso’s press conference at the G8 Summit in Toyako, Hokkaido, Japan, 8 July 2008I am very happy wi... |  | | |
| | Sameer Sinha Vice President, Power, Alcohol and Corporate Planning, Triveni Engineering and Industries |
|  | | Look at a robust way to prove CDM financial additionality Sameer Sinha is Vice President, Power, Alcohol and Corporate Planning at Triveni Engineering and Industries Ltd. His company has alr... |  | | |
| | Stavros Dimas Member, EC, Environment, EU |
|  | | Poland could receive 1 billion euros a year for distribution of a part of carbon emission auctioning rights Following are excerpts from his speech to the Environment and Economic Commi... |  | | |
| | Phil Goff Minister of Trade, New Zealand |
|  | | Chinese customers are well aware of the growing need to manage pollution Excerpts from the speech at launch of Enviro-Energy clean technology process:... |  | | |
| | Sharad Pawar Agriculture and Food Minister, India |
|  | | Conservation of Agro-biodivesity will be a key element for adaptation to climatic changeThe following is the text of the speech by India's Agriculture and Food Minister Sharad Pawar at the High Level Conference on World Food Security at Rome recently:High prices of foodgrains have been a cause of concern f... |  | | |
| | Sunita Narain Editor , Down To Earth magazine , Centre for Science and Environment, |
|  | | Did the Nobel Prize committee make a mistake when it gave the 2007 Peace Prize to the Intergovernmental Panel on Climate Change and former US vice president Al Gore? I wonder. My disquiet is not because the prize recognized and put climate change at the centre of global debate. It stems from the fact that the Nobel Prize has held up, as ch... |  | | |
| | Francis Yeoh Managing Director, YTL Corporation Berhad |
|  | | It was a logical next step for us to get involved in CDMExcerpts from the text of speech by Tan Sri (Dr.) Francis Yeoh, CBE, YTL Corporation Berhad during the Climate Change Week 2008 W... |  | | |
| | Giovanni Bisignani Director General and CEO, IATA |
|  | | IATA is not opposed to emissions trading provided that it is fair, global and effective. Giovanni Bisignani, is the Director General and CEO of the International Air Transport Association (IATA) since June 2002. During his tenure with IATA he has completel... |  | | |
| | Stavros DIMAS Member of the European Commission (Environment), |
|  | | The EU emission trading scheme is a blueprint for those countries that want to develop their own systemsThe following are excerpts from the speech by Stavros DIMAS, Member of the European Commission (Environment), m... |  | | |
| | Neil Eckert Chairman, Trading Emissions PLC |
|  | | The carbon market is entering a fresh phase of evolution and design beyond 2012Neil Eckert is Chairman of Trading Emissions PLC, a company which invests in environmental and emissions assets, companies providing products and services related to reduction... |  | | |
| | Jonathan Johns Infrastructure Advisory – Renewables, Waste &Clean Energy Group, Ernst &Young |
|  | | We can expect a future of carbon trading worldwide, and tight regulation and heavy taxes on carbon.Jonathan Johns is a Partner in the Infrastructure Advisory – Renewables, Waste &Clean Energy Group at Ernst &Young LLP, UK.... |  | | |
| | Richard L. Sandor Executive Chairman, Climate Exchange |
|  | | The US carbon market could represent three times the size of EuropeRichard Sandor is Chairman and CEO of Chicago Climate Exchange (CCX), a globally unique market-based solution to climate change. Recognized as the “father of financial futures” and desc... |  | | |
| | Daniel Yergin chairman of Cambridge Energy Research Associates and executive vice president of IHS Inc., |
|  | | Renewable energy is crossing the divide towards a competitive role in energy markets. But there is still more terrain to cover among the different renewable energy sources in terms of economics, technology and scale, says Daniel Yergin, chairman of Cambridge Energy Research Associates (CERA) and executive vice president of IHS Inc. ... |  | | |
| | S.Rajha Gopalan President & CEO, RENCO TECH |
|  | | Comparing the carbon market between China- and India, I would have to say that there are horses for coursesRENCO TECH President & CEO, S.Rajha Gopalan says that his company has been promoting the concept of a Green Energy Fund for India (instead of a pure play Carbon Fund) and have been doing the home ... |  | | |
| | Geoff Wilson Mines and Energy Minister, Australia |
|  | | A price on carbon, through a national emissions trading scheme, is necessary to achieve structural changeGeoff Wilson was elected to State Parliament as the Member for Ferny Grove in June 1998. He was appointed the Minister for Mines and Energy in September 2006. Previously, Geoff was chair of the Parliamentary Crime and Misconduct Committee and a member of the Select Committee on the Consequences of Changing Political Stat... |  | | |
| | Eggert Voscherau Vice Chairman, BASF SE |
|  | | A country that pits the environment against industry harms both Eggert Voscherau, is the Vice Chairman of the Board of Executive Directors of BASF SE. Voscherau is currently responsible for the Competence Centers Human Resources; Environment, Health & Safety; Verbund Site Management Europe; and Engineering & Maintenance; a... |  | | |
| | CARBON INSIDER True Stories on the carbon market in India, |
|  | | Buyers Beware- India's selling platinum coated carbon credits CARBONyatra.com presents an insiders view on the rapidly growing carbon trading industry. Our CARBON INSIDER has worked on all aspects of the c... |  | | |
| | Vikas Chamadia Director, Carbonequalizers |
|  | | Project owners should consider the following points while selling the CER'sVikas Chamadia from Carbonequalizers provides the following on the current carbon market in India:Talking about the Indian carbon market scenario, it can seen that there i... |  | | |
| | Yvo de Boer Executive Secretary, UNFCCC |
|  | | After Bali: Setting out on the road to Copenhagen ... |  | | |
| | Nandan Nilekani Co-Chairman, Infosys Technologies Limited |
|  | | Is the economy distracting us from climate change?It’s nice to be back in Davos. I have been talking to delegates on a wide range of issues. The conversation here is dominated by a possible recession in the U.S. and a slowdown in the world economy. I just hope our preoccupation with the current financial situation does not distract us from climate change. ... |  | | |
| | CDM on small industries' agenda Nivit Kumar Yadav, Down To Earth |
|  | | A delegate shares his disappointment with a conference held in Delhi recently...Source:Down To EarthMain article link: Click Here... |  | | |
| | Kristin Halvorsen Minister of Finance, Norway |
|  | | World’s major carbon emitters are involved in dialogues with Norges BankExcerpts from the speech "Ethics based on national commitment," at the Jan 16, 2008 Conference on "Investing for the Future" by The Minister of Finance Kristin HalvorsenAs Minister of Finance I am resp... |  | | |
| | Pranab Mukherjee Minister of External Affairs, India |
|  | | Carbon credits accounting, cost management are sunrise areas..... Speaking at an event of Management Accounting bodies across the globe which was organized by the Institute of Cost and Works Accountants of India (ICWAI), Pranab Mukherjee urged managemen... |  | | |
| | John J. Mc Gowan President/CEO, Energy Control Inc |
|  | | The mantra is that Smart buildings use energy in a clean and efficient way, thus becoming Green Buildings. John J. “Jack” Mc Gowan, CEM is an author and President / CEO of Energy Control Inc., an Energy Service Company and System Integrator. Mc Gowan is Chairman of the U. S. Department of Energy GridWise Architecture Council. The Assoc... |  | | |
| | Sunita Narain Editor , Down To Earth magazine , Centre for Science and Environment, |
|  | | The laboratory of developmentBy Sunita NarainHow will vast regions of India, where highly unreliable rainfall makes the difference between famine and sustenance, cope with climate change?Over 85 per cent of the cultivated area in this country is either directly ... |  | | |
| | Alexander Winzer Managing Director, Climate Corporation Emissions Trading GmbH |
|  | | What the CDM needs most is clarity, especially regarding a framework post 2012. Q&A - Alexander Winzer, Managing Director, Climate Corporation Emissions Trading GmbHWhat do you think will happen to carbon prices in the future. Do you ex... |  | | |
| | His excellency Mr. Rachmat Witoelar Environment Minister, Indonesia |
|  | | We have a Roadmap!Excerpts from the address by his excellency Mr. Rachmat Witoelar, President, UNFCCC at the closing of Joint High-Level Segment in Bali, 15 December 2007I am delighted to say that we have finally ach... |  | | |
| | Stavros Dimas Member of the European Commission, responsible for environment, |
|  | | It is clear that this future agreement will have to be far more ambitious than Kyoto. Speech at UN Climate Change Conference, Bali, Tuesday 11 December 2007Ten years ago today, the international community reached agreement on the Kyoto Protocol... |  | | |
| | Yvo de Boer Executive Secretary, UNFCCC |
|  | | The heyday of the climate sceptics is ended..Yvo de Boer was appointed by UN Secretary-General Kofi Annan as the new Executive Secretary of the UNFCCC on 10 August. The appointment had been endorsed by the Bureau of the Convention. Before joining the UNFCCC, Mr. de Boer was Director for Int... |  | | |
| | Vikas Chamadia Director, Carbonequalizers |
|  | | Carbon buyers, brokers need to be more transparent and committed with sellers These days the carbon credits market is growing at such a fast pace in India that the industries as well as individuals are looking for some or another kind of opportunity to earn carbon credits. Several industries in India are looking at revenues from carbon credits as a si... |  | | |
| | S. Banerjee Tourism Secretary, India |
|  | | Following is the Statement of the Tourism Secretary, Govt. of India, S. Banerjee on “Climate Change and Tourism”. The statement was delivered at the Ministerial Summit on Tourism and Climate Change held at London on November 13, 2007.As a developing country, it is important for India to strive to bring to its people a better quality ... |  | | |
| | Timothy Fox Researcher, Centre for Development Finance |
|  | | It might be time for firms to stop looking at CO2 as a commodity and instead look at it as an opportunity...Timothy Fox is a researcher at the Centre for Development Finance in Chennai focusing on Carbon Finance and Sustainable Development. Before coming to India, he worked as a consultant designing Sustainable Carbon Policies for Small and Medium... |  | | |
| | Ban Ki-moon Secretary General, UN |
|  | | Carbon-trading is but one weapon in our arsenal, even if it does range among the most effective policy solutionsSource: UNThe lines were drawn as the industrialized nations of the Group of Eight gathered in Heiligendamm, Germany on 6 June 2007. The f... |  | | |
| | Kanwal Jit Singh , Director, E SQUARE Verification P Ltd, Proprietor, Surbhi Financial Technologies |
|  | | Global Warming and Carbon Credits Introduction-Part 1.1I presume we have appreciated the impact the earth’s atmosphere has in keeping us warm and comfortable, we must take time to thank GOD fo... |  | | |
| | José Manuel Barroso President, European Commission |
|  | | Climate and Environment – factors of peace and development in the XXI centurySpeech at European Development Days, Lisbon, 7 November 2007I think we all know from our previous experience of development work that we have to pool all our efforts an... |  | | |
| | Julian Carroll Managing Director, EUROPEN |
|  | | In Europe a carbon-based tax on packaging will be introduced...Big changes in The Netherlands have been announced which will have potentially significant impacts well beyond its borders on packaging and on packaged goods. For the first time in Europe a carbon-based tax on packaging will be introduced.... |  | | |
| | Sunita Narain Editor , Down To Earth magazine , Centre for Science and Environment, |
|  | | India: be the party pooper US President George Bush played host to a party of the top polluters of the world called to discuss climate change. He exhorted his guests that the world needed to act and called for a "new approach" to reduce emissions. But if you think that he has changed his mind about the science which has established the reality and urgency of climate change, think again. Or if you... |  | | |
| | Kanwal Jit Singh Director, E SQUARE Verification P Ltd, Proprietor, Surbhi Financial Technologies |
|  | | GLOBAL WARMING AND CARBON CREDITS -AN INTRODUCTION (Part 1)Before starting any discussion, we should be clear as to the reasons for undertaking this discourse and as also the reasons for which you may be reading it. It could be any of the following1. It is in the newsp... |  | | |
| | Pranab Mukherjee Minister of External Affairs, India |
|  | | The world is seized today with the issue of Climate ChangeExcerpts from the inaugural address delivered at the 2nd Ministerial meeting of the Asia-Pacific Partnership for Clean development and ClimateThe world is seized today with the issue of Clim... |  | | |
| | Sunita Narain Editor, Down To Earth magazine , Centre for Science and Environment |
|  | | Floods: blacked out but realI read newspapers and I watch the news unfold on scores of television channels. But in spite of these sources that keep me informed about current affairs, I would not know that floods are still ravaging vast parts of India. I would not know that over 2,800 people have died in these disasters, which have been termed as... |  | | |
| | Alan Brown Group Chief Investment Officer, Schroders |
|  | | Well to borrow an expression from climate change, we think we have reached a tipping point..Schroders is a global asset management company with £137.6 billion (EUR 204.5 billion / $276.2 billion) under management as at 30 June 2007. Their new fund-Schroders Global Climate Change was recently launched. Presented below are excerpts of th... |  | | |
| | John Palmisano , International Environmental Trading Group |
|  | | What do people maximize: profits, revenue, or satisfaction?John Palmisano, is with the International Environmental Trading Group, a unique view- point on the market through aid of his own model of the factors affecting carbon prices. Looking at recent CDM transactions and public price data, he tests this model against two fundamental theories of decis... |  | | |
| | Mark Meyrick , EDF Trading Ltd |
|  | | Of course sellers will always want to get more. That is human nature...Source: CD4CDM Perspectives Series 2007-What is a fair price for CDM credits?DisclaimerThe findings, opinions, interpretations and conclusions expressed in this report are entirely those of the authors and should not be at... |  | | |
| | Michael S. Dell Chairman and CEO, Dell |
|  | | At Dell, we pay close attention to our ratio of carbon emissions to revenue....Michael Dell's remarks at the Center for Strategic and International Studies Washington, DC on September 26, 2007:Energy and the environment are definitely hot topics.... |  | | |
| | P. Chidambaram Finance Minister, India |
|  | | We are profoundly concerned about environmental degradation and climate change...The following is the text of the statement by India's Finance Minister, P. Chidambaram during the high level event on climate change convened by the Secretary General titled “The future in our Hands Addressing the Leadership Challenge of Climate C... |  | | |
| | Rajesh Miglani Environmental Specialist, Sustainable Energy/Carbon Finance/Cleaner Technologies, International Finance Corp |
|  | | A credible buyer will not pay above Euro 11 per CER....Speaking at the inaugural Carbon Markets India 2007 conference which brings together for the first time carbon credit project hosts, buyers and sellers in Mumbai, Rajesh Miglani, Environmental Specialist, Sustainable Energy/Carbon Finance/Cleaner Technologies, International Finance Corp (I... |  | | |
| | David Parker Energy and Climate Change Minister, New Zealand |
|  | | Emissions trading is a significant step towards sustainability...Excerpts from David Parker's Speech notes at the announcement of the New Zealand Emissions Trading SchemeWe may be a small country but the world does look to clean-green Ne... |  | | |
| | Daniel Butler Trade Director- Czech carbon asset fund manager, Blackstone Global Ventures |
|  | | Carbon Hedge Fund Growth, Explained....... Daniel Butler, Trade Director for Czech carbon asset fund manager Blackstone Global Ventures, tells us about this much needed Carbon Market simplification:It could be said that w... |  | | |
| | Rick George President and CEO, Suncor Energy Inc |
|  | | Google the words “climate change” and you will be greeted with more than 100 million possible hits...At Suncor, we recognized our obligations early on, and have been taking action ever since. This year marks the 10th anniversary of Suncor’s climate change action plan – an internal road map for reducing GHG emissions across our ... |  | | |
| | N Yuvaraj Dinesh Babu Director (Carbon Trading), Head (Climate Change), ACX-Change |
|  | | Whether you like it or not, today’s CER prices are linked to the EUA price...The Singapore-based Asia Carbon Exchange (ACX-Change) and the Amsterdam-based Climex exchange have been working together in running online auctions for forward contracts of certified emissions reductions (CERs) since November 2005. While Climex looks to aggregate Eu... |  | | |
| | Jorma Ollila Chairman, Royal Dutch Shell plc |
|  | | Shell sees a clear need for governments to create an international CO2 policy framework....Jorma Ollila (1950) has been Chairman of Royal Dutch Shell plc and Chairman of the Board of Directors of Nokia Corporation since June 2006.In this article, Jorma Ollila discusses a number of solution pathways to address this challenge. These are: ener... |  | | |
| | Angela Merkel German Chancellor, Forbes 2007 World's Most Powerful Woman |
|  | | If we can't find a regulatory regime that is accepted by the USA, then China and India will never agree to reduction targets....For the second year in a row Angela Merkel, the first woman to become chancellor of Germany, ranks No. 1 on the recently released Forbes list of the World's 100 Most Powerful Women. ... |  | | |
| | Axel Posthumus CEO, New Values |
|  | | Will Emission Trading survive the first period?.......By Axel Posthumus, CEO New Values‘Will Emission Trading survive the first period?’ was the theme of the 2007 New Values Master Class in February of this year. Speakers from McKinsey, Barclay... |  | | |
| | Mukesh Ambani Chairman and Managing Director, Reliance Industries Limited |
|  | | Large scale generation of solar energy is imminent...Excerpts from the speech by Mukesh Ambani at the Sixth Darbari Seth Memorial Lecture at TERI:We celebrated India’s sixty years of Independence last week. On that historic day, some o... |  | | |
| | Raj Jadhav Architect, Educator, Award-winning researcher, |
|  | | Green Architecture in India-Combining Modern Technology with Traditional MethodsRaj Jadhav is a registered architect, educator and award-winning researcher in Mumbai, India. He has written numerous essays, design features and papers for Indian and international publications. In 2000, he received The JIIA-Anchor Award for Excellence in Architecture, pr... |  | | |
| | Peter Jackson Chief Editor,Yearbook Unit, UN Department of Public Information |
|  | | From Stockholm to Kyoto -A Brief History of Climate ChangePeter Jackson is Chief Editor of the Yearbook Unit of the UN Department of Public Information, which annually publishes the Yearbook of the United Nations, the most authoritative reference book on the work of the organization. ... |  | | |
| | Dr Reid A. Bryson Climatologist, Better known as "the father of the science of modern climatology" |
|  | | You can go outside and spit and have the same effect as doubling carbon dioxide...(Source: Wisconsin Energy Cooperative News)Excerpts from the article:Some ... |  | | |
| | CARBON INSIDER Part II, Telling it like it is, not how it should be! |
|  | | At the start of a scheme, traders leave market players with the impression that carbon credits are scarce... In part two of this feature, CARBONyatra.com presents an insiders view on the rapidly growing $30 billion carbon trading industry. Our CARBON INSIDER has worked on all aspects of the carbon trading business, from preparing PDD's, meeti... |  | | |
| | Paul E Hardisty Global Director, Sustainability, WorleyParsons |
|  | | The petroleum industry will be required to manage its GHG emissions more comprehensively as time goes on..Paul E Hardisty is Global Director, Sustainability, for WorleyParsons, helping clients worldwide deliver more environmentally, socially and economically sustainable projects. He is a Visiting Professor of Environmental Strateg... |  | | |
| | Don Vanderbrook Chief Operating Officer, Hydrogen Engine Center, Inc |
|  | | Ammonia will become our fuel of choice for a carbon-free power generation system.Hydrogen Engine Center offers clean solutions that fit into the environmental requirements of countries who have signed the Kyoto Protocol. Excerpts from a speech by Don Vanderbr... |  | | |
| | Sunita Narain Editor, Down To Earth magazine , Centre for Science and Environment |
|  | | Will Indian scientists measure up to the challenge of climate change? I ask this question because of the nature of the science as well as the nature of our scientists.Climate change science is young, being tutored and evolving. We know much more today about what the future will hold if we do not reduce emissions drastically. Yet our knowledge is still... |  | | |
|  | | We have set aside some €150 million of our investment budget for CDM/JI projectsExcerpts from Press conference speech of Harry Roels, CEO, RWE AG. 9 August 2007We are taking on the challenge of climate change by resolutely implementing ... |  | | |
| | Nancy Pelosi Speaker of the House, US |
|  | | Today We Declare a New Direction in Our Energy Policy - One For Our Future Generations (SOURCE: Office of the Speaker of the House)US Speaker of the House, Nancy Pelosi, speaks in support of her bill, H.R. 3221, New Direction for Energy Independence, National Security, an... |  | | |
| | CARBON INSIDER , Telling it like it is, not how it should be! |
|  | | CARBONyatra.com presents an insiders view on the rapidly growing $30 billion carbon trading industry. Our CARBON INSIDER has worked on all aspects of the carbon trading business, from preparing PDD's, meeting with potential project proponents to actually broking mega CER/VER deals in India. Over to the CARBON INSIDER to tell you how it... |  | | |
| | YC Deveshwar Chairman, ITC |
|  | | We have helped sequester over 2,000 kilotons of carbon dioxide as a firm commitment to combating climate changeMAKING MARKETS WORK FOR CSRExcerpts from ITC Chairman's AGM Speech 2007... |  | | |
| | Alistair Darling Finance Minister, UK |
|  | | All countries now recognise we need goals to reduce global emissions and a framework to achieve them. The hard work of agreeing them now begins.Excerpts from the Speech by the UK Chancellor of the Exchequer, the Rt Hon Alistair Darling, MP at the London Business School, London, 25 July 2007:... |  | | |
| | Anthony Hobley Head of climate change and carbon finance, Norton Rose |
|  | | Carbon trading will grow to become one of (if not the) major commodity markets of the 21st centuryWatching recent news reports of weatherrelated chaos from around the world, you could be forgiven for thinking that we have left it too late to tackle climate change. In recent weeks we have seen pictures of floods in China, India and Asia causing massive... |  | | |
| | Ban Ki-moon Mumbai (UN), UN Secretary-General |
|  | | On the eve of his meeting in Washington with US President George W. Bush, Secretary-General Ban Ki-moon says the two will discuss climate change ahead of a special session on the issue planned for September in New York and a global conference to be held two months later in Bali.Source:UN... |  | | |
| | Dr. Manmohan Singh Prime Minister, India |
|  | | It is a matter of satisfaction that India was in the forefront of the development of the Clean Development Mechanism and now we are the largest global player in CDM in terms of number of projects. Source:PIBThe following is an excerpt of the text of Prime M... |  | | |
| | Sergio Marchionne CEO of Fiat Strasbourg & President ACEA, |
|  | | Our industry is fully aware of the challenges of climate change, and fully committed to reducing carbon emissions.Source: ACEAThe following is an excerpt from the speech by Sergio Marchionne at the Parliamentary “Kangaroo Group” Lunc... |  | | |
| | José Manuel Barroso President, European Commission |
|  | | The worldwide biofuels market should be seen as a new opportunity for developing countries(Source: EU-International Biofuels Conference,Brussels, 5 July 2007)I sometimes have the impression that many people view biofuels as a recent breakthrough crea... |  | | |
| | Eric Young General Partner, Canaan Partners |
|  | | "We see India becoming not only a source of innovation in the cleantech industry, but also serving as a huge market for cleantech companies" - Eric YoungCanaan Partners is a 19 year old Silicon Valley Venture Capital Firm. Canaan Partners is an early stage venture investor. Founded in 1987, Canaan Partners has $2.4 billion capital under ... |  | | |
| | Jim Rogers Chairman, President and CEO, Duke Energy |
|  | | I look at my grandchildren and ask myself, ‘Will the actions I take today create a better life for them and their children tomorrow?'One of my first jobs after law school was as a consumer advocate in Kentucky. I challenged rate increases proposed by utility companies in the 1970s. Today, I am here as an advocate for Duke Energy’... |  | | |
| | Jeffrey R. Immelt Chairman of the Board and Chief Executive Officer, General Electric Company |
|  | | Our growth platforms focus on addressing complex challenges especially in emerging markets such as India...As GE's place in the global economy grows, we recognize that our products and services touch more and more people around the world. Of note, in 2007, GE will have more revenue from overseas than from within the United States. As we e... |  | | |
| | Qin Gang Foreign Ministry Spokesman, China |
|  | | It is not fair for the western countries to increase their production in China whilst at the same time attacking China over GHG emission. Foreign Ministry Spokesman Qin Gang addressed the media on the issue of carbon emissions in China. Excerpts from the intervi... |  | | |
| | Sauman Das Gupta Advisor and R&D (Head), Nexgen Fuels |
|  | | Team creation or "bundling" of micro and macro activities is key to the next generation business Let nature explain the great balance. I always wondered growing up about how the busy bee knew which cubicle was his, and how the network worked after a long hard days of work. It was too much to question and find answers in that confused child m... |  | | |
|  | | Aviation emissions cap to be linked to CDMIncluding aviation in the EU's carbon emissions-trading system is the most cost-effective and flexible means of curbing the sector's fast-growing emissions, says German MEP Peter Liese (EPP-ED), Rapporteur on the proposal, as Parliament prepares to examine the draft Directive. ... |  | | |
| | Dr. Madhoo Pavaskar Economist & Commodity Expert, |
|  | | Under the present provisions of the Forward Contracts Regulation Act, carbon credits contracts are voidWhile the local media in India has reported that futures in carbon trading may soon become a reality, Carbonyatra.com spoke to noted Economist and Commodity Expert, Dr. Madhoo Pavaskar, on issues such... |  | | |
| | Emily Tyler Member, SouthSouthNorth |
|  | | The Importance of the Offset Market for High Sustainable Development Carbon Projects Emily Tyler, has a background in climate change strategy consulting in the UK and Europe. Her experience includes the development and implementation of public sector policy, assisting companies comply with specific emissions reduction targets, and strategy formulation... |  | | |
| | Sauman Das Gupta Advisor & R&D (Head), Nexgen Fuels |
|  | | It’s great to see that a high level climate advisory committee panel has been formed, but will the perfection of bureaucratic practices and corruption stand in the way of actual progress“ …to rid our county of the scourge of poverty, ignorance and disease, we should do so in a manner that is environmentally sustaina... |  | | |
| | Dr Ram Babu Managing Director, CantorCO2e |
|  | | The carbon credit market is a commodity market and commodity markets have always been volatileCantorCO2e serves all of the world’s principal emissions markets, including the Kyoto markets (CDM, JI and European emissions trading), the USA compliance markets, and the voluntary carbon market. CantorCO2e is a leading global provider of fina... |  | | |
| | Giovanni Bisignani Director General and CEO, IATA |
|  | | For Toyota, it’s an Earth Charter, GE has ecomagination, BP has Beyond Petroleum. So what is our vision?(Source: IATA) The following is an excerpt from the speech of Giovanni Bisignani, Director General and CEO, IATA,... |  | | |
| | Sauman Das Gupta Advisor & R&D (Head), Nexgen Fuels |
|  | | Look at the mad rush of organizations who are getting into CER generation without any clear cut long drawn out plans. It’s a situation of making hay while the sun shines: Sauman Das GuptaCORPORATE SOCIAL RESPONSIBILTY & CLEAN DEFENCE MECHANISM!!!. ... |  | | |
| | Arne Mogren Head of Climate Policy, Vattenfall |
|  | | It’s not enough to just apply a regime like the Kyoto Protocol, because that will just hit the OECD countries: US, Canada, and OECD Europe: Arne Mogren(Source: JPMorgan)Following the deep science of the IPCC, ... |  | | |
| | Pamposh Bhat Director, Cimate Change, GTZ CDM-India |
|  | | The tough competition between Indian CDM consultants has led to a tendency to cut corners in the selection of projects and to attempt to relabel business-as-usual projects as CDM: Pamposh BhatIn an exclusive interview with CARBONyatra.com, Pamposh Bhat, director, climate change, GTZ CDM-India, said that China and India are unlikely to be allocated an ... |  | | |
| | Russell Caplan Chairman, Shell Australia |
|  | | I believe we’re now beyond debating the scientific links between CO2 emissions and climate change – it’s now time for action. The question is what sort of action, by whom and by when: CaplanEnergy is the lifeblood of civilization. It fuels economic activity and growth, and it is essential for social development. Whether as... |  | | |
| | Sunita Narain Editor, Down To Earth magazine, Centre for Science and Environment |
|  | | Let us be clear: we do not have time to waste on bad politics and bad politicians. The fact is that the world knows what needs to be done to combat climate change. The question is why this is not happening. This is what we need to address, this is what we need to resolve :Sunita Narain... |  | | |
| | George Bush President, USA |
|  | | We are effectively confronting the important challenge of global climate change through regulations, public-private partnerships, incentives, and strong economic investment: Bush I was pleased to receive the Energy Information Administration's report today, which includes its "flash estimate" of U.S. carbon dioxide emissions for 2006. Th... |  | | |
| | Bruno Lafont Chairman and Chief Executive Officer, Lafarge |
|  | | It would be easy to run Lafarge without consideration for the broader impacts the Group has on the world around us, easy but wrong-LafontFor Lafarage, the overall net emissions have been cut from 0.763 tonnes of CO2/tonne of cement in 1990 to 0.655 in 2006, a 14.2% decrease. A number of developments have contributed such as reducing the... |  | | |
| | Jim Mather MSP Minister for Enterprise, Energy and Tourism, Scottish Executive, Scotland |
|  | | The focus of this new Scottish government is on sustainable growth - two words, which must go side by side in relation to energy. The energy sector has been a vital driver of Scotland’s economy and I want it to remain as a driver. For our energy policies and energy strengths are key to achieving sustainable economic growth – to reducing carbon emissions - and to helping secure the future of our planet. ... |  | | |
| | Dr Mike Raupach Climate Change Expert, CSIRO Marine & Atmospheric Research |
|  | | We’re burning more carbon per dollar of wealth created. In the last few years, the global usage of fossil fuels has actually become less efficient:Dr Mike Raupach (Source:CSIRO) Carbon dioxide emissions from fossil fuels, the principal driver of climate change, have accelerated globally at a far greater rate than exp... |  | | |
| | A. Schwarzenegger Governor, California, USA |
|  | | Imagine the power of a single, universal standard driving competitors in India to supply low-carbon products to the trillion-dollar-a year international fuels marketplace: A. Schwarzenegger, California Governor We can protect the environment, slow global warming and stimulate a new economy of low-carbon fuels all at once. And, the Low Carbon Fuel... |  | | |
| | Paul Golby Chief Executive, E.ON UK |
|  | | We aim to reduce the carbon intensity of our emissions by 10% by 2012. This builds on the existing achievement of reducing carbon intensity by 20% since 1990: Paul GolbyThere is clearly a strong emphasis on climate change. How far does this issue influence your business agenda?... |  | | |
| | Warren Jestin Chief Economist, Scotiabank |
|  | | Globally, meaningful progress requires major adjustments in all nations. China, the second-largest annual producer of GHG emissions after the U.S., India, and many other emerging industrial nations rely on coal-burning power generation to help fuel their fast-track growth, says Warren Jestin, Scotiabank’s Chief Economist who has been with the Bank for more than 25 years. ... |  | | |
| | Andris Piebalgs Energy Commissioner,, EU |
|  | | The ambitious renewable energy policy that we have all signed up to, binding national targets to reach the goal of 20% renewable energy, is a tough one, and for some Member States, rather frightening. Excuses can always be found for doing nothing: Andris PiebalgsThe reason why the EU will clearly need to focus on having more renewable energy, is exact... |  | | |
| | Shruti Shulka Programme Officer, Climate Change and Energy Programme, WWF-India |
|  | | Gold Standard VERs and CERs get a premium price as opposed to other CDM projects. The Gold Standard is the first independent best practice benchmark for CDM (Clean Development Mechanism) and JI (Joint Implementation) greenhouse gas offset projects. The Gold Standard is built on the basic architecture of CDM projects and is in line with the rules of th... |  | | |
| | Jeroen van der Veer and Aron Cramer President and CEO of Business for Social Responsibility, Shell |
|  | | Jeroen van der Veer says that with so much more energy needed for development – especially in India and China – he is convinced that there is a financially sustainable future for a responsible hydrocarbon company.How do you see Shell’s future – as an oil company, an energy company or a sustainable energy company?... |  | | |
| | Reto Braun Chairman, Earth Council |
|  | | There is no reason why we cannot adopt best practices being used globally within the industry in combating climate change: Reto Braun.The Earth Council e-Learning is a Geneva-based NGO that aims to... |  | | |
| | Rahul Rai Manager, Renewable Energy and Carbon Credits, Rabo India |
|  | | CDM market is seeing the entry of punters and people are offering future prices that are equal or more than the spot CER prices: Rabo Bank.Rahul Rai with Rabo Bank spoke exclusively to CARBONyatra.com and said that his company had invested close to Rs 600 crores in carbon credits from Indian projects. He says that the ... |  | | |
| | Dr Wolfgang Palz Chairman, World Council for Renewable Energies |
|  | | Energy is a basic need of our economy. Yet the world relies primarily on the polluting and exhaustible fossil energies. Consequently, we are faced today with three essential geopolitical challenges: security of energy supply, depletion of conventional fossil energy resources, and climate change that is by and large a result of current energy consumption patterns. The overarching solution for all these problems is the speed... |  | | |
| | Stavros Dimas Member of the European Commission, (Environment), ASEM Environment Minister's meeting |
|  | | The Clean Development Mechanism is expected to generate more than 1 billion tonnes of CO2-equivalent emissions reductions by 2012. The European Union has created an emissions trading system, the largest of its kind in the world. On the 10th of March, EU Heads of State and Government unanimously agreed on an ambitious EU climate change and e... |  | | |
| | N Yuvaraj Dinesh Babu Director, Carbon Trading, Asia Carbon Exchange |
|  | | Just days before the next online aution on ACX-Change, N Yuvaraj Dinesh Babu, Director, Carbon Trading told CARBONyatra that he feels that the demand supply of the current carbon market is varying widely due to various parameters, surplus AAUs being the major factor widely contributing to such an uncertainty. ... |  | | |
| | Raymond J. Kopp Senior Fellow and Director, Climate and Technology Policy Program, RFF |
|  | | The purpose of my remarks is to provide a brief introduction to the European Union Emissions Trading Scheme, which goes under the acronym EU ETS. I will also discuss some lessons one might draw from the EU experience. The EU ETS is an emissions allowance cap-and-trade system, similar in many respects to the current system used to control sulfur dioxide under provisions of the Clean Air Act.... |  | | |
| | Stavros Dimas Member of the European Commission, (Environment), 8th Session of Working group 2 of the Intergovernmental Panel on Climate Change |
|  | | The EU's starting point is that climate change must be limited to no more than 2 degrees Celsius above pre-industrial temperatures. As the Commission stated in its January communication, to have even a 50/50 chance of keeping within this 2 degree limit, global emissions will need to peak around the year 2020 and then fall by as much as 50% of 1990 levels by 2050.... |  | | |
| | Somnath Roy Chief Executive, Projects, Man Industries (India) Ltd |
|  | | Man Industries (India) Ltd, a leading manufacturer of large diameter submerged arc welded line pipes and coating systems has after commissioning a state-of-the-art line pipe and coating complex at Anjar (Gujarat) in 2005, emerged as a prominent manufacturer of line pipes and coating system on a global level with a total installed capacity to manufacture over 2500 KM of Line Pipe and over 5.00 Million Sq. Meters of Coating System... |  | | |
| | Ahmed Buhari President and CEO,, Coal and Oil Company LLC (C&O) |
|  | | Ahmed Buhari President and CEO, Coal and Oil Company LLC (C&O), is expecting to do business worth Rs 1,800 crores by March 2007. C&O currently supplies coal to Indian power and cement majors such as Tata Power, Reliance, Grasim and ACC among others. The company is now looking at the carbon credits market and the biomass sector.Excerpts from a conversation with CA... |  | | |
| | Frederic Amoudru Chief Executive and Country Head, BNP Paribas India |
|  | | In an exclusive interview to CARBONyatra.com, Frederic Amoudru, Chief Executive and Country Head, BNP Paribas India says that his bank is betting big on the CDM market in India. Excerpts from an exclusive interview with CARBONyatra.com:Could you explain your carbon finance strategy fo... |  | | |
| | Mr Prat Kumar President & CEO, GE Infrastructure |
|  | | Mr Prat Kumar, President & CEO, GE Infrastructure in India says that his company is looking at ways to monetize carbon and he believes that a carbon management regime needs to be in place. The architecture and form of any such regime needs to be determined, he adds. Excerpts from an exclusive interview with carbonyatra.com:... |  | | |
| | Justin Mundy Senior adviser to the Special Representative Climate Change., UK Foreign & Commonwealth Office |
|  | | Environment projects in India are all set to get a boost, courtesy, additional funds allocated by the UK government. The funds will come in as part of the Global Opportunities Fund programme being offered to 15 countries by the UK.Under the said scheme, an additional £ 700,000 will be made available to Indian projects. Justin Mundy, senior adviser to the Special Representative for Climate Change, UK Foreign & Commonwealth Off... |  | | |
| | Rajiv Jalota CEO, Maharashtra Industrial Development Corporation (MIDC) |
|  | | According to Rajiv Jalota, CEO, Maharashtra Industrial Development Corporation (MIDC), the state is looking at grouping captive power projects in the Maharashtra, including biomass-based projects. There are about six such projects that could provide 100 MW to the state. Excerpts from an exclusive interview with carbonyatra.com:Q: What is the current status of carbon credit generation from... |  | | |
| | Nandan Nilekani CEO and MD, Infosys Technologies Ltd. |
|  | | This year it is clearly about climate change and sustainability. But as is common with such complex topics there is as much confusion as clarity. Today, 70% of the world's carbon emissions originate from the US and Europe. The carbon emission per capita in the US is 24 tons per annum, whereas it is 4 tons in China and 2 tons in India. Everyone agrees that if India and China achieve the same standard of living as the US, we w... |  | | |
| | Raphael Bejar CEO, Air Savings |
|  | | Airsavings is the group buying service used by: Virgin Express, Sky Europe, Luxair, City Airline, Air Méditerranée, Spanair, Air EUropa, to help such airlines reduce their purchase costs as well as in the implementation of their ancillary revenues services.Air Savings CEO Raphael Bejar spoke to carbonyatra about carbon credits in the aviation sector and India.1. Why in your opinion are carbon credits and emission trading schemes (ETS) going to become a ... |  | | | |
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