This Week In V-Carbon: Making The Cut
Governments and boiler rooms alike fall under scrutiny. Germany-based DPD goes Total Zero with CDC Climat, while Aussie printers get carbon neutral under NCOS. The climate change agenda picks up in the US as the EPA confirms plan to regulate biggest emitters. Climex invites sellers to submit projects for a big September auction.
This article originally appeared in the V-Carbon newsletter. Click here to view the original.
12 July 2012
| This week’s issue tracks voluntary carbon developments on every shore, starting with the US – where even as climate change is losing salience
as an environmental concern among Americans, action on climate change made strides as the EPA confirmed plans
to cap new greenhouse gas emissions for America’s largest power plants and industrial facilities after winning its case in court
Across the Pacific, the National Carbon Offset Standard (NCOS) gained traction with domestic printers Vega Press and Focus Press announcing carbon neutrality today. Also announcing neutrality ambitions was German parcel delivery firm DPD, which is offsetting 550,000 tCO2e for the year through its new Total Zero program by supporting Gold Standard, VCS/CCB, and JI projects chosen in partnership with CDC Climat.
A major theme over the past two weeks was due diligence, as the British Columbia government and South Australian Labor governments' carbon neutrality claims came under close scrutiny. The boiler room saga continues in the UK with the winding down of Tullett Brown Ltd and its fellow fraudulent marketers. Meanwhile, another player called Carvier Ltd – run by a former owner of Tullett Brown and occupying the same London address – was called out by several sources.
New prospects are on the table for forest carbon – particularly in BC, where the Denman Island Avoided Conversion of Forestlands Project, carried out by a public-private partnership involving ERA Ecosystem Restoration Associates Inc, became Canada's third project to receive CCBA validation.
Fast forward to September 19, when Climex will oversee a reversed auction on behalf of a Dutch buyer for 50,000 issued Gold Standard VERs at a maximum price of €7. Sellers are invited to submit project information until September 7 for wind and biomass/biogas projects covering vintage years 2009-2011.
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