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How does the emission trading scheme work?
 
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Emission trading scheme? Cap and trade? What do these words mean? Like us https://www.facebook.com/CarbonControl Follow us https://twitter.com/CarbonControl Author: Norwegian Ministry of Environment
Views: 143114 Carbon Control
China launches carbon emissions trading system
 
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China's economic planner, the National Development and Reform Commission, recently launched a carbon emissions trading system. Under this mechanism, companies can trade carbon emission permits like they are commodities, in the hope that it will reduce carbon emissions. Under the Paris Agreement, China has promised to cut carbon emissions by 60 to 65 percent per unit of GDP by 2030, compared with 2005 levels. In the meantime, it would boost its use of non-fossil fuels, making them account for 20 percent of China's energy consumption. While other countries' carbon markets struggled, can China's system buck the trend? Wu Changhua, China/Asia Director, Office of Jeremy Rifkin, and former Greater China Director of the Climate Group; Michael K. Dorsey, co-founder and vice president of Strategy-US Climate Plan; and Isabel Hilton, CEO and Editor of chinadialogue.net, share their views. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 757 CGTN
Organized Crime in Charge of EU Carbon Trade, Europol Says
 
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Report by Raymond Frenken, EUX.TV Script: First, there was ClimateGate - the scandal with hacked emails suggesting scientists have abused data for research on global warming. Now, another international climate scandal is emerging that may have an impact on the talks in Copenhagen. Europes top police body Europol, the closest thing that European Union has to the American Fbi, has exposed a massive fraud with the unions official market in carbon credits, the Emission Trading System. The fraud is costing tax payers in a handful of European countries more than five billion euro - 7 billion dollars - and raises doubts about the effectiveness of carbon trading as a measure to curb emissions. Europol director Rob Wainwright issued the following statement: These criminal activities endanger the credibility of the European Union Emission Trading System and lead to the loss of significant tax revenue for governments. Police authorities in Belgium, Denmark, France, the Netherlands, Spain and the United Kingdom have worked together in what Europol calls a process to identify and disrupt the organised criminal structures behind these fraud schemes. Lets see if we can explain the scheme, using this graphic provided by Europol. The fraud is based on a what is tax experts and investigators call as a Carroussel fraud with missing traders. This carroussel generates money by stealing value added tax from governments. The first step of the criminals is to open a trading account with a national carbon registry, in the name of a newly registered company. From there, this company buys EU emission allowances in another country on one of the six official carbon exchanges in Europe. After that, these emission allowances are moved to another country, and subsequently sold to an unregulated broker in yet another country. This broker then charges VAT on these transactions but does not pay the collected VAT to the tax authorities. Just before the tax authorities realize that this company owes them huge amounts of VAT, basically a period of a few months, the company and its owners disappear. A new company is set up, using other front men, to repeat the carroussel. Crime rings that run such schemes can have several dozen or hundreds of companies whose real owners are difficult to trace. Basically, this type of fraud is possible because European countries continue to disagree on single market tax legislation. Carroussel fraud is a constant feature in the European cross-border market and until recently only happened with shipments of valuable goods such as iPods or flat-panel tvs, not with carbon credits. Europes tax commissioner, in an interview with EUX.TV, has estimated the damage from these carroussel frauds at more than 60 billion euro per year as Euroean finance minister continue to disagree on effective measures to fight this fraud. The Emission Trading System system was set up in 2005 as part of Europes efforts to curb emissions of greenhouse gases. That topic now is at the top of the agenda at the UN Climate summit in Copenhagen this week and next. This unprecedented and massive fraud is likely to prove a major embarrasment for EU negotiators.
Views: 30122 EURACTIV
South Africa's Carbon Trading
 
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Businesses around the world continue to try to reduce their carbon emissions as they struggle to meet reduction targets. Some governments have imposed carbon taxes, while others have attempted to introduce carbon trading schemes with varying degrees of success. Angelo Coppola reports that a South African company is developing a system that may provide a solution.
Views: 257 CGTN Africa
Emission Trading System
 
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The EU wants to reform the Emission Trading System which allows companies to trade carbon emission permits with one another.
Views: 640 Council of the EU
China launching world's largest carbon trading platform to cut emissions
 
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The world's largest carbon emitting country has launched a program that offers companies an incentive to voluntarily cut pollution. CGTN's Li Jianhua reports.
Views: 953 CGTN America
Dr. Richard Sandor on Financial Futures & Carbon Trading Discusses His “Best Idea Yet”
 
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Financial innovator Dr. Richard Sandor is known as the “father” of financial futures and carbon trading. He discusses the unheralded and significant environmental progress being made on the local level in the U.S., plus his latest innovation, an alternative to LIBOR, the troubled global interest rate benchmark. It’s the American Financial Exchange, an electronic exchange for direct interbank and financial institution lending and borrowing. It’s up and running and he considers it his “best idea yet.” WEALTHTRACK #1524 published on November 30, 2018. Explanation of acronyms used in this episode: LIBOR: the London Interbank Offered Rate U.S. AMERIBOR: a benchmark rate that reflects the actual market-determined cost of borrowing for U.S. financial institutions Federal Reserve’s SOFR (Secured Overnight Financing Rate): a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities. SIFI: Systemically Important Financial Institution INTERCONTINENTAL EXCHANGE INC. (ICE): an American company that builds, operates and advances global financial and commodity markets CHICAGO CLIMATE EXCHANGE (CCX): founded by Richard Sandor in 2003 as a voluntary greenhouse gas (GHG) emission cap and trade scheme located in North America, and acquired by Intercontinental Exchange in 2010 EUROPEAN CLIMATE EXCHANGE (ECX): the leading marketplace for trading carbon dioxide emissions in Europe and internationally TIANJIN CLIMATE EXCHANGE CO, LTD: China’s first carbon market cap-and-trade exchange RGGI. Inc. (Regional Greenhouse Gas Initiative): the first mandatory market-based program in the United States to reduce greenhouse gas emissions.
Views: 837 WealthTrack
Carbon-Trading
 
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Our manufacturing facilities are concentrated in several charcoal furnaces of continuous operation cyclefrom Ukrainian company SYNERGY-DREAM with capacity from 60 tons per month.
Carbon trading
 
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Keep up-to-date with the latest news, subscribe here: http://bit.ly/AFP-subscribe Six leading oil and gas companies have called on governments to put into place a carbon pricing system, saying this would be the most effective way of cutting the emission of greenhouse gases. This could involve policies such as a carbon tax or a carbon market to incentivise cleaner technology.VIDEOGRAPHIC Follow AFP English on Facebook: https://www.facebook.com/AFPnewsenglish Latest news on AFP English Twitter: https://twitter.com/AFP Share your top stories on Google+ http://bit.ly/AFP-Gplus
Views: 7596 AFP news agency
Beijing launches carbon trading market
 
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Hundreds of companies started trading carbon credits in Beijing on Thursday. The capital's pilot market for compulsory carbon trading follows similar schemes in Shenzhen and Shanghai. A renewed commitment to green development.
Views: 89 CGTN
Personal Carbon Trading Market
 
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I will talk about a unique and potentially very popular policy to combat global warming. It's called Personal Carbon Trading Market. Here is how it works. Every person gets a carbon allocation (we'll call it carbon share) equal to America's per person carbon emissions. Businesses have to buy these carbon shares from the people on the open market. For all practical purposes, the only buyers will be utilities and oil companies. People can sell their shares at the pump, through their utility bills, and get a discount. Or, they can go to a bank and exchange their carbon share for cold cash. Thus, implementing this will be easy. Here is what so great about this? 1. A vast majority of people stand to make real money because their carbon emissions are below the per person emissions. Remember, the per person emissions are skewed higher by big consumers like corporations and the super-rich. The less your carbon consumption, the more money you will make by selling your carbon shares. 2. The cost increases will be barely noticeable. But the discounts at the pump, on the utility bill, or the cash at the bank will be very clear and real. People will view conservation not just as spending less money, but as making extra money. 3. How much extra money you make will depend on how much energy you save. Generally, the poor will make the most money. This is more fair. Today, even though the poor have the lowest carbon footprint, they are the most vulnerable to extreme events. We saw this with Hurricane Katrina. Last and most important, the more aggressive the carbon reduction target, the more the value of the carbon shares, and the more money in people's pockets. Yes, a virtuous cycle. So, why is no one pushing this?. 1. Many Republicans are in denial about global warming, and don't want businesses to spend anything at all to reduce global warming. And the Democrats are sometimes too fixated on taxes, when we should focus on incentivizing smarter behavior. So, pushing this policy must become a people's project. I urge you to send this to all your friends so that we can have maximum views and turn the heat on the politicians to save our earth from overheating. I am Vinay. I am running for Richmond City Council.
Views: 2942 Vinay4Richmond
How Carbon Credits Work In Less Than 2 Minutes - Qiewie
 
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This short video explains how carbon credits work and introduces Qiewie, a company creating a carbon credit marketplace for consumers. Learn more about Qiewie by visiting their website: www.qiewie.com
Views: 29667 Josh Light
Companies said they need more time to adopt carbon trading system
 
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The Korea Chamber of Commerce and Industry and the Korea Iron and Steel Association requested the government to extend the gratuitous period for the carbon trading system from 2017 to 2020. The decree offers companies with free carbon emission rights on the first year of the greenhouse trading system to be implemented in 2015. After the one-year grace period, companies have to purchase the trading rights, which would require additional expenses estimated at about 14 trillion won. The government plans to establish a central organization to reduce burdens on companies and outline a compromise plan for each industry sector. But company officials called on the government to establish separate organizations in charge of different industry sectors. 배출권 무상할당기간 연장 요구 대한상공회의소와 한국철강협회 등은 온실가스 배출권 거래제의 무상할당 기간을 2017년에서 2020년으로 연장해줄 것을 정부에 요청했습니다. 시행령에 따르면 1차 연도에는 배출권을 무상으로 지원받지만 2차, 3차 연도에는 돈을 내고 구입해야 하기 때문에 매년 14조원의 추가비용이 발생되기 때문입니다. 이에 정부는 기업들의 부담비용을 줄이기 위한 공동 작업반을 설치하고 업체별 할당량 조정안을 작성할 예정입니다. 하지만 산업계는 공동 작업반보다 공평한 할당을 위한 부문별 관장기관체계를 유지해야 한다고 주장했습니다.
Views: 4 kimacamerica
Carbon pricing: how does a cap-and-trade system work?
 
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Chris Ragan explains how a cap-and-trade system works. Companies who can take more low-cost actions do so. This reduces emissions at the lowest possible cost to the economy, while meeting the cap on emissions set by the government. Learn more: ecofiscal.ca/carbon-pricing-works
Companies said they need more time to adopt carbon trading system
 
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The Korea Chamber of Commerce and Industry and the Korea Iron and Steel Association requested the government to extend the gratuitous period for the carbon trading system from 2017 to 2020. The decree offers companies with free carbon emission rights on the first year of the greenhouse trading system to be implemented in 2015. After the one-year grace period, companies have to purchase the trading rights, which would require additional expenses estimated at about 14 trillion won. The government plans to establish a central organization to reduce burdens on companies and outline a compromise plan for each industry sector. But company officials called on the government to establish separate organizations in charge of different industry sectors. 배출권 무상할당기간 연장 요구 대한상공회의소와 한국철강협회 등은 온실가스 배출권 거래제의 무상할당 기간을 2017년에서 2020년으로 연장해줄 것을 정부에 요청했습니다. 시행령에 따르면 1차 연도에는 배출권을 무상으로 지원받지만 2차, 3차 연도에는 돈을 내고 구입해야 하기 때문에 매년 14조원의 추가비용이 발생되기 때문입니다. 이에 정부는 기업들의 부담비용을 줄이기 위한 공동 작업반을 설치하고 업체별 할당량 조정안을 작성할 예정입니다. 하지만 산업계는 공동 작업반보다 공평한 할당을 위한 부문별 관장기관체계를 유지해야 한다고 주장했습니다.
Views: 7 itstvnz
What Are Carbon Credits? | southpole.com
 
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Global #sustainability organisation South Pole breaks down this complicated concept in a simple bite-sized video. What Are #CarbonCredits? Chances are you've heard the phrase 'carbon credits' mentioned on the news or in companies’ sustainability plans. But what does it actually mean? How do carbon credits help combat #ClimateChange? How can companies reduce their #CarbonFootprint and offset their unavoidable emissions? And how does it all contribute to sustainable growth, healthier communities, and positive environmental and social impacts? How did carbon credits come about? The international political response to climate change began in 1992 with the adoption of the UN Framework Convention Climate Change (UNFCCC). To boost climate action and the effectiveness of the UNFCC the Kyoto Protocol was adopted in 1997. Signatories of the agreement committed to reducing emissions by an average of 5.2% below 1990 GHG level by 2012. Emissions trading and Carbon Credits were decided to be the main mechanism for achieving this target and the international carbon market was established. Developing emission reduction projects and mobilising climate finance is part of the DNA of South Pole. We are deeply committed to protecting and restoring critical ecosystems, increasing investment in renewable energy infrastructure and enabling companies to translate commitments into real action on the ground. ***** To learn more about carbon credits or our projects, please email [email protected] or visit - https://www.southpole.com Keep up to date with the latest climate news and insights on our Penguin Perspectives blog - https://blog.southpole.com/ Connect with South Pole: Twitter - https://twitter.com/southpoleglobal Facebook - https://www.facebook.com/southpoleglobal/ LinkedIn - https://www.linkedin.com/company/south-pole-/ ***** South Pole is a leading provider of global sustainability financing solutions and services, with more than 300 experts over 18 offices worldwide. For more than a decade, South Pole has worked with a wide range of public, private and civil sector organisations to accelerate the transition to a climate-smart society. South Pole has mobilised climate finance to over 700 projects in emission reduction, renewable energy, energy efficiency and sustainable land-use, acting today ‘for a better tomorrow’. South Pole’s expertise covers project and technology finance, data and advisory on sustainability risks and opportunities, as well as the development of environmental commodities such as carbon and renewable energy credits.
Views: 3120 South Pole
Tom Goldtooth: Carbon Trading is “Fraudulent” Scheme to Privatize Air & Forests to Permit Pollution
 
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https://democracynow.org - In South Dakota, the energy company TransCanada says it shut down part of its pipeline Thursday after a rupture spilled 210,000 gallons of oil in a field near Amherst. The pipeline carries a highly polluting form of oil called “diluted bitumen.” This comes amid a new report titled “Carbon Pricing: A Critical Perspective for Community Resistance,” which exposes the dangers of carbon trading, a scheme in which major companies purchase carbon credits from countries who agree to plant trees or protect existing forests. We speak with one of the report’s co-authors, Tom Goldtooth, executive director of the Indigenous Environmental Network, and Isabella Zizi from Richmond, California, home to a massive Chevron oil refinery. Chevron has said it will purchase carbon credits to offset increased pollution from a recent expansion of the Richmond refinery. Democracy Now! is an independent global news hour that airs weekdays on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: https://democracynow.org Please consider supporting independent media by making a donation to Democracy Now! today: https://democracynow.org/donate FOLLOW DEMOCRACY NOW! ONLINE: Facebook: http://facebook.com/democracynow Twitter: https://twitter.com/democracynow YouTube: http://youtube.com/democracynow SoundCloud: http://soundcloud.com/democracynow Daily Email: https://democracynow.org/subscribe Google+: https://plus.google.com/+DemocracyNow Instagram: http://instagram.com/democracynow Tumblr: http://democracynow.tumblr.com Pinterest: http://pinterest.com/democracynow iTunes: https://itunes.apple.com/podcast/democracy-now!-audio/id73802554 TuneIn: http://tunein.com/radio/Democracy-Now-p90/ Stitcher Radio: http://www.stitcher.com/podcast/democracy-now
Views: 6562 Democracy Now!
The EU Emissions Trading System explained
 
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The EU emissions trading system (EU ETS) is a cornerstone of the European Union's policy to combat climate change and its key tool for reducing industrial greenhouse gas emissions cost-effectively. Find out how it does so: http://ec.europa.eu/clima/policies/ets Español: https://www.youtube.com/watch?v=LbnbrK9jgRw Francais: https://www.youtube.com/watch?v=YK6IZYtLB5M Polski: https://www.youtube.com/watch?v=_AfRyb4F3kk 中国 (Chinese): https://www.youtube.com/watch?v=sH-IMxNH13o
Views: 77155 EUClimateAction
AUSANTE - Emission Trading Scheme
 
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Register: http://www.ausante.com/signup_now A carbon offset is a reduction in emissions of carbon dioxide or greenhouse gases made in order to compensate for or to offset an emission made elsewhere. Carbon offsets are measured in metric tons of carbon dioxide-equivalent (CO2e) and may represent six primary categories of greenhouse gases. The categories include: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), perfluorocarbons (PFCs), hydroflourocarbons (HFCs), and sulfur hexafluoride (SF6). One carbon offset represents the reduction of one metric ton of carbon dioxide or its equivalent in other greenhouse gases. There are two markets for carbon offsets. In the larger, compliance market, companies, governments, or other entities buy carbon offsets in order to comply with caps on the total amount of carbon dioxide they are allowed to emit. This market exists in order to achieve compliance with obligations of Annex 1 Parties under the Kyoto Protocol, and of liable entities under the EU Emissions Trading Scheme. In 2006, about $5.5 billion of carbon offsets were purchased in the compliance market, representing about 1.6 billion metric tons of CO2e reductions. In the much smaller, voluntary market, individuals, companies, or governments purchase carbon offsets to mitigate their own greenhouse gas emissions from transportation, electricity use, and other sources. For example, an individual might purchase carbon offsets to compensate for the greenhouse gas emissions caused by personal air travel. Many companies offer carbon offsets as an up-sell during the sales process so that customers can mitigate the emissions related with their product or service purchase (such as offsetting emissions related to a vacation flight, car rental, hotel stay, consumer good, etc.). In 2008, about $705 million of carbon offsets were purchased in the voluntary market, representing about 123.4 million metric tons of CO2e reductions. Offsets are typically achieved through financial support of projects that reduce the emission of greenhouse gases in the short- or long-term. The most common project type is renewable energy, such as wind farms, biomass energy, or hydroelectric dams. Others include energy efficiency projects, the destruction of industrial pollutants or agricultural byproducts, destruction of landfill methane, and forestry projects. Some of the most popular carbon offset projects from a corporate perspective are energy efficiency and wind turbine projects. For more Info Visit: http://www.facebook.com/ausante.biz
Views: 3450 Md Masudur Rashid
THE 21st Century Scam--Carbon Credits Trading
 
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How Carbon Credits Trading Works by Benton Bain Carbon offsets are a strange concept. Let me show you in layman terms how it works: Al Gore goes to an Italian restaurant and eats a loaf of garlic bread, a plate of lasagna, a bowl of spaghetti and meatballs, an extra large pizza with seven toppings, a couple bottles of expensive wine and a large assortment of pastries. As a result, he puts on 10 pounds. But he is deeply concerned that mankind is getting too fat. So he pays 10 peasants in Asia $10 each to eat nothing for a week. Although they are already skinny, by starving themselves for a week, they each lose a pound. As a result, after a week, mankind is weight neutral. Al Gore weighs 10 pounds more, 10 Asians weigh 10 pounds less -- and Al Gore is given another Nobel Propaganda Prize for his leadership in keeping mankind's obesity in check. Of course, this example is not quite fair to Gore because that imagined humanitarianism actually costs him cash money. In the real carbon offset business, he looks forward to being paid for directing other carbon consumers to invest in carbon neutral projects through Generation Investment Management which Gore is the founder and chairman. So Gore will profit from mankind's misery. I'm glad to see he finally has developed the capitalist instinct (like his daddy did with Occidental Petroleum and Armand Hammer). When Gore personally is using carbon, as when he flies in a carbon belching Gulfstream jet, one of his companies would pay some other guy not to fly or plant a tree or do something to offset Gore's carbon belching so that Gore can feel elated about himself and live as he wants. Under the TRILLION DOLLAR Kyoto Protocol's trading scheme to determine the offset of emissions and the amount of CO2 that needs to be paid for will be controlled by the same organization that controlled the pittance BILLION DOLLAR Iraqi Food for Oil SCAM with Saddam, the anti-America/anti-capitalist corrupt United Nations!!! Socialist French President Jacques Chirac said in 2000 the UN's Kyoto Protocol represented "the first component of an authentic global governance."
Views: 23762 EchelonMonitor
Riz Khan - Is carbon trade a scam? - Part 1
 
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Subscribe to our channel http://bit.ly/AJSubscribe Is carbon trading a win-win situation, helping to reduce greenhouse gas emissions and helping poorer countries make money by selling their credits? Or is the system being exploited - to the detriment of the environment? At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
Views: 3429 Al Jazeera English
Carbon Countdown: Prices and Politics in the EU-ETS
 
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Mark Lewis - Carbon Tracker's Head of Research explains the key findings of his series of 2018 reports on EU carbon markets and how the new Market Stability Reform that will start in Jan 2019 can help us get towards a 2030 CO2 emission cap consistent with the Paris Agreement. Download the reports here: Carbon Clampdown (Apr 2018): https://www.carbontracker.org/reports/carbon-clampdown/ Carbon Countdown (Aug 2018): https://www.carbontracker.org/reports/carbon-countdown/ The Carbon Tracker Initiative is a non-profit organisation working to align the capital markets with the climate change policy agenda. Carbon Tracker are applying our thinking on carbon budgets and stranded assets across geographies and assets classes to inform investor thinking and the regulation of capital markets.
The Emissions Trading System
 
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The EU wants to reform the Emission Trading System which allows companies to trade carbon permits with one another.
Views: 297 Council of the EU
Carbon Pricing, Explained With Chickens
 
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EarthFix explains the carbon tax and cap-and-trade carbon-pricing systems as countries aim to curb greenhouse gas emissions.
Views: 36956 EarthFixMedia
Carbon Credits Part 1
 
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"Carbon Credits ... Oxygen for Business" produced for CENSAT Agua Viva Amigos de la Tierra Colombia & Global FOrest Coalition
Views: 4502 globalforestco
China's carbon emission trading system | Pro-reunification party members detained in Taiwan
 
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China has launched a carbon emissions trading system. Under this mechanism, companies can trade carbon emission permits like they are commodities, in the hope that it will reduce carbon emissions. While other countries' carbon markets struggled, can China's system buck the trend? Four officials from Taiwan's pro-reunification party were detained shortly after returning from the Chinese mainland. Experts discuss the consequences of the one-China policy. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 400 CGTN
BYD, DNV GL and VeChain - Carbon Credit App
 
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VeChain introducing its latest blockchain powered Global Carbon Credit APP being implemented in partnership with BYD and DNV GL.
Views: 12180 Foundation VeChain
Korea to revitalize carbon emissions trading scheme
 
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탄소배출권 과다이월시 불이익..한국정부 탄소배출 줄이려 노력 As an industrial powerhouse, Korea is dedicated to doing its part to fight climate change. And on Wednesday the government announced new plans to encourage companies to make more use of the country's carbon emissions trading scheme. Lee Unshin explains. Committed to the Paris Agreement on fighting climate change, Korea is seeking to encourage companies to trade carbon emissions rights with each other. The Ministry of Environment introduced the Korea Emissions Trading Scheme in late 2014. It allocated carbon dioxide and other greenhouse gas emission rights to over 500 companies for the period of 2015 to 2017... using what are called Korean Allowance Units, or KAUs. The most KAUs were allocated to the power generation and energy industries. When companies exceed their quota, they can buy extra permits from other companies and avoid a fine. In recent months, however, the price of emissions rights have spiked due to higher demand and limited supply, which has slowed down market activity. In February, the price per ton of emissions rose to more than 23-and-a-half U.S. dollars, up nearly 38 percent in just two months. The result was a sharp drop in turnover. In January, 384-thousand tons worth of emissions rights changed hands, down from last year's monthly average of nearly a million tons. Some companies had extra emissions rights, but, instead of trading them,... carried them over to the next term. The government's plans revealed Wednesday include providing less KAUs next year to those holding on to massive stockpiles. Plus, starting in 2018, companies will be able to trade emissions rights they've acquired overseas through other countries' programs. New ways of trading emissions rights are on the way, too -- like monthly auctions and swaps. The country's finance ministry said that stabilizing the trading system will reduce overall greenhouse gas emissions -- with the ultimate goal of using it to cut emissions by 37 percent by 2030. Lee Unshin Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 80 ARIRANG NEWS
Carbon Credit! (The first superhero who smokes)
 
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Once upon a time, not so long ago, world leaders gathered to make an agreement to fight climate change. They met in Japan and agreed to the famous Kyoto Protocol. A principal feature of the Protocol turned out to be carbon trading: a magical solution to curb CO2 emissions. It was presented as a flexible market mechanism able to tackle climate change in a cost effective way. The magical elements were carbon credits, who reached the status of superheroes once their full potential was discovered. Governments and companies could buy carbon credits but most of the time they just got them for free. If they had credits or permits left they could sell them and make nice profit out of it. Either ways the result would be the same, as if by magic, carbon emissions would reduce rapidly, it was predicted. No political action was needed, the market would take care of it. Expectations were high but unfortunately the magic never happened and promises couldn't be kept. The biggest carbon market, the EU Emissions Trading Scheme, has crashed, carbon trading hasn't reduced CO2 emissions and it hasn't encouraged investments in sustainable energy infrastructure sufficiently. To the contrary, to offset their CO2 emissions companies and governments have invested in destructive projects in the South. The only ones benefiting from this system are polluting companies who have made millions by selling their free carbon credits and traders speculating on the fluctuation of their price. Reasons enough to change strategy one would think, right? Well think again. Despite the massive evidence of their failure, carbon markets are still promoted as a solution to fight climate change. Carbon markets are being expanded to other regions and similar mechanisms are being set up to trade not only clean air but also forests, wetlands and other elements of nature. Sixteen years after Kyoto carbon markets will still be central during the next climate talks in Warsaw (UNFCCC COP 19). The fairytale is kept alive by those who want us to believe in it. It is being told again and again in a slightly different version every time. But the big success factor remains no matter what: Carbon Credit! (The only superhero who smokes).
Views: 12028 Counter Balance
Paris Climate Conference - Carbon trading: a key to curbing CO2 emissions?
 
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Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Last year the world spewed out 32 gigatonnes of carbon dioxide emissions Now imagine if this pollution had a price. Enter the idea of carbon trading, a concept created by American economists. It’s known as cap and trade. If a company emits less than its limit, it can sell its permits to other companies: that’s the trade. Over time, the total number of permits is reduced…. and in theory it becomes more expensive to pollute. In 2005 the European Union introduced the world’s first carbon trading scheme with mixed results. Partly because there were too many permits given out... and the value of each one dropped … making it very cheap to pollute. Worldwide there are around 30 countries and 20 cities or regions that have chosen this path. representing 8 per cent of emissions. Now China, the biggest polluter on the planet has announced plans for its own national cap and trade scheme. It will be, by far, the world’s largest. Visit our website: http://www.france24.com Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: https://twitter.com/France24_en
Views: 1610 FRANCE 24 English
Shanghai launches China's second carbon emissions trading market
 
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Shanghai launches its emissions trading market Tuesday, following Shenzhen's carbon trading scheme which began in June. 191 companies are in the initial experimental listing. The quota takes into account historical emission levels, industrial characteristics and efforts by companies to go green.
Views: 306 CGTN
The Emissions Trading System - putting a price on carbon
 
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European Commission production: "The EU Emissions Trading Scheme (ETS) is a world first and a major weapon in Europe's fight against climate change. The innovative system has turned carbon dioxide emissions into a tradeable commodity. They can now be bought and sold like any other of the thousands of products traded on world markets today. The scheme works by placing a limit or a 'cap' on the amount of carbon dioxide participating installations - currently around 10,500 across the European Union - can emit every year. If an installation emits more than its allowance, it must either pay a very hefty fine or buy surplus allowances from companies that have managed to stay below their limit. The system ensures that overall CO2 emissions from the plants covered are cut in the most cost effective way. The video report shows: Factories and sources of CO2 emissions Renewable energies' systems ABN-Amro trading floor Pernis' Shell oil refinery (Europe's biggest oil refinery) DSM chemical plant Interviews with key figures including: Tomas Wyns, Climate Action Network Europe Jos Delbeke, Director for Climate Change & Air, DG Environment, European Commission Sara Ståhl, European Climate Exchange Gerhard Mulder, ABN-Amro Annemarie van der Rest, Shell Marc van Doorn, DSM Julia Williams-Jacobse, Dutch Environment Ministry Dr. Bert Metz, Intergovernmental Panel on Climate Change."
Views: 38789 EURACTIV
Recycling companies to suffer under emissions trading
 
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Recycling companies believe they will go bust or be forced to move overseas when the emissions trading scheme takes effect, because it does not give them credit for their role in reducing green house emissions.
S.Korea embarks on carbon trading system / YTN
 
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Starting today (Monday), South Korea embarks on a carbon trading system. The Korea Exchange (KRX), the nation's main bourse operator, and the environment ministry in charge of the new business say that they expect the launching of the system to help the country to reduce greenhouse gas emissions. Nearly 530 local companies will join the carbon-pollution cap-and-trade system, aimed to meet global efforts to curb greenhouse gas emissions to 30 percent below business-as-usual (BAU) levels over the next five years. South Korea ranks as the seventh or eighth producer of greenhouse gases in the world, accounting for 1.9 percent of global emissions in 2012. ▶ 기사 원문 : http://www.ytn.co.kr/_pn/1207_201501121036451182 ▶ 제보 안내 : http://goo.gl/gEvsAL, 모바일앱, [email protected], #2424 ▣ YTN 유튜브 채널 구독 : http://goo.gl/Ytb5SZ [ 한국 뉴스 채널 와이티엔 / Korea News Channel YTN ]
Views: 59 YTN NEWS
How to Calculate Greenhouse Gas Emissions
 
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Learn the steps involved in calculating your company's greenhouse gas emissions from bill and utility meter data. Covers use of emission factors and global warming potentials. DISCLAIMER: This presentation is provided for informational purposes only. All definitions and methodologies are presented in a general context only. This presentation is not a substitute for formal education and training.
Views: 28057 e3solutionsincdotcom
Beijing starts carbon emissions trading
 
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Beijing implemented a carbon emissions trading program on Thursday. More than 200 companies are eligible to participate in the program.
Views: 100 New China TV
100 companies produce most carbon emissions
 
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And the people in the Trump administration tasked with regulating those companies are dining out with them instead. Learn more about this story at www.newsy.com/72523/ Find more videos like this at www.newsy.com Follow Newsy on Facebook: www.facebook.com/newsyvideos Follow Newsy on Twitter: www.twitter.com/newsyvideos
Views: 1417 Newsy
Offworld Trading Company - Original Soundtrack -  2016
 
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Full Credit for the Playlist to William Russell https://www.youtube.com/user/Pluvialis Thanks a lot for the help William. Very appreciate. 01. Red Planet Nocturne (0:00) 02. Welcome to Mars (4:08) 03. Martian Mining and Manufacturing (6:10) 04. Sea of Sirens (10:21) 05. "For Happy Workers, Try Adrenaline Boosts!” (11:55) 06. Roboto Agitato (14:11) 07. Look at All the Money (16:06) 08. Thinking Machines (20:09) 09. Hacker Array (22:27) 10. Assembly Lines (24:51) 11. Carbon Scrubbers (27:12) 12. Trade War (28:54) 13. Homeostasis (31:50) 14. MULE (35:37) 15. Bribery (37:28) 16. Brave New Planet (38:58) 17. Glass Furnace (43:20) 18. Martian Glassworks, Inc. (45:07) 19. Offworld Price Index (46:48) 20. Trickle-Down Economics (48:16) 21. Allegro for Hydroponic Systems (50:29) 22. Sunrise on Mars (54:13) 23. Sad Robot Lament (57:59) 24. Sabotage (59:38) 25. Magnetic Storm (1:02:06) 26. Ares Defense Industries (1:05:15) 27. Electronics Factory (1:07:41) 28. EMP (1:09:42) 29. Power Surge (1:11:22) 30. Hostile Takeover (1:13:15) Best Game Soundtracks: https://goo.gl/5H1EMY Best Game Trailers: https://goo.gl/5GP3Ai Best Game Themes: https://goo.gl/xFV686 Best Movie Themes: https://goo.gl/XiXx8I
Views: 50048 Epic Step
Carbon Trading
 
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To watch the full 25-minute film visit: www.swpictures.co.uk Story: Carbon offsetting is a modern-day phenomenon – turning big polluters into environmentalists. It’s about heavy industry – mostly in the developed world – buying credits to offset the pollution it creates by exceeding its carbon emissions limit. It’s a multi-billion dollar industry, but at grass-roots level it’s helping to regenerate parts of the developing world by planting trees and creating business opportunities. One such place is Mozambique, where carbon offsetting has brought together an unlikely alliance of a celebrity agency in LA, a hedge fund investor in London and a Burger Chain empire in Sweden.They have been drawn together by the UK-based company Envirotrade, which sells carbon offsets to businesses and individuals to support the conservation and management of existing forests and the planting of new ones. These three companies offset the 27,000 tonnes of carbon they produce each year, by planting 90,000 trees in Gorongosa National Park in Mozambique. In Carbon Trading we follow the flow of money from companies who are voluntarily buying offsets, from the City of London to the small farmers who maintain the trees. To watch the full 25-minute film visit: www.swpictures.co.uk
Views: 5 SWPictures
Renewable Energy to Carbon Credits Company
 
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http://70centsagallon.com/solutions/algae-production/ Our mission is to provide effective solutions for the Renewable Energy and Alternative Fuels Industry! We Specialize in Turn Key Systems, for a Complete System Solution. Do not waste time hunting for parts and pieces! Get a solution from One Source! Your Source for all Bio Fuel Technology! Biodiesel, Green Fuel, Bio Fuel, Algae Farming Systems. 70CentsaGallon.com is BioFuel Technology!
Views: 506 70CentsaGallon
What is EMISSIONS TRADING? What does EMISSIONS TRADING mean? EMISSIONS TRADING meaning
 
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What is EMISSIONS TRADING? What does EMISSIONS TRADING mean? EMISSIONS TRADING meaning - EMISSIONS TRADING definition - EMISSIONS TRADING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Emissions trading or cap and trade is a government-mandated, market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants. Various countries, states and groups of companies have adopted such trading systems, notably for mitigating climate change. A central authority (usually a governmental body) allocates or sells a limited number of permits to discharge specific quantities of a specific pollutant per time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that want to increase their emissions must buy permits from others willing to sell them. Financial derivatives of permits can also be traded on secondary markets. In theory, polluters who can reduce emissions most cheaply will do so, achieving the emission reduction at the lowest cost to society. Cap and trade is meant to provide the private sector with the flexibility required to reduce emissions while stimulating technological innovation and economic growth. There are active trading programs in several air pollutants. For greenhouse gases, which may cause dangerous climate change, permit units are often called carbon credits. The largest greenhouse gases trading program is the European Union Emission Trading Scheme, which trades primarily in European Union Allowances (EUAs); the Californian scheme trades in California Carbon Allowances, the New Zealand scheme in New Zealand Units and the Australian scheme in Australian Units. The United States has a national market to reduce acid rain and several regional markets in nitrogen oxides.
Views: 259 The Audiopedia
RfD at COP21 - Wayne Sharpe (CEO Carbon Trade Exchange) [Full Interview]
 
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Carbon Trade Excahnge (CTE) is a profitable exchange business for carbon credits. Founder & CEO Wayne Sharpe explains how the company came to be; what is does to save the climate and how it might help fighting climate change during COP21 in Paris.
Views: 140 Room for Discussion
Korea′s carbon emissions market opened Monday 

온실가스 배출권 거래시장 오늘 개장
 
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The Korea Exchange opened its first carbon emission market on Monday... joining the government′s efforts to curb greenhouse gas emissions. The government is hoping to cut it to 30 percent below the usual levels over the next five years. Kim Ji-yeon reports. A carbon emissions trading market opened at the headquarters of the Korea Exchange in Busan on Monday. More than five-hundred business entities are participating in the market... to buy and sell leftover emissions credits,... much like a stock exchange. Around one-thousand 2-hundred tons of emissions credits were bought and sold during the first day of trading. The price for 15 Korea Allowance Units rose nearly 10-percent to around 8-thousand 6-hundred Korean won or roughly eight U.S. dollars. One KAU is equivalent to one ton of carbon dioxide gas. "It will require continuous preparation and interest from business entities. Additional emissions quotas could be necessary if they′re building additional plants." The government allocated nearly one-point-six billion tons of greenhouse gas emissions to around 5-hundred participating companies. This round of emissions credits expires in 2017. Companies emitting more than one ton of chemical substances are required by law to participate in the emissions trading market. Among the participating companies... are some of the country′s biggest conglomerates,... including Samsung′s Cheil Industries and Hanwha Fine Chemical Corporation. Korea is the seventh biggest carbon emitter in the world,... releasing nearly 2-percent of global greenhouse gas emissions. Kim Ji-yeon, Arirang News.
Views: 66 ARIRANG NEWS
IBM & Veridium Labs to Tokenize Carbon Credits and Carbon Footprint - Nobody Cares
 
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Views: 1102 Decentralized TV
Carbon markets look to the Amazon for offsets
 
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Each tree in the forests of the Amazon is being assessed for its price as a commodity on international carbon trading markets.
carbon credit companies scam
 
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get overseas permits for less in this con job
Views: 928 nightvoice123
Riz Khan - Is carbon trade a scam? - Part 2
 
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Subscribe to our channel http://bit.ly/AJSubscribe Is carbon trading a win-win situation, helping to reduce greenhouse gas emissions and helping poorer countries make money by selling their credits? Or is the system being exploited - to the detriment of the environment? At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
Views: 1243 Al Jazeera English
Carbon Trading: Solution to Climate Change or Corporate Resource Grab?
 
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Larry Lohmann Author and founding member of the Durban Group for Climate Justice 02/08/2008
Views: 105 BYU Kennedy Center
Carbon Credits: Bum Life Special
 
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http://en.wikipedia.org/wiki/Carbon_credit Carbon credits are a key component of national and international emissions trading schemes. They provide a way to reduce greenhouse effect emissions on an industrial scale by capping total annual emissions and letting the market assign a monetary value to any shortfall through trading. Credits can be exchanged between businesses or bought and sold in international markets at the prevailing market price. Credits can be used to finance carbon reduction schemes between trading partners and around the world. There are also many companies that sell carbon credits to commercial and individual customers who are interested in lowering their carbon footprint on a voluntary basis. These carbon offsetters purchase the credits from an investment fund or a carbon development company that has aggregated the credits from individual projects. The quality of the credits is based in part on the validation process and sophistication of the fund or development company that acted as the sponsor to the carbon project. This is reflected in their price; voluntary units typically have less value than the units sold through the rigorously-validated Clean Development Mechanism[1].
Views: 2052 HistoricThirdWard
paul bowden  on the impact of the 2013 emissions trading rules
 
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Paul Bowden from Freshfields talks about the impact of the 2013 emissions trading rules and what companies can do now to prepare.
Views: 476 David Leloup