carbon credits

Karbone, a full service environmental credit brokerage, recently engineered a 20-year off-take agreement with Sea

Intel (Nasdaq: INTC), which became the largest purchaser of green power in the United States in the US in 2008 has publicly announced that it will seek to cover 85% of it’s US energy usage with renewable energy purchases.

With the opening its doors in Dublin, Ireland, the Convention Centre Dublin (CCD) claims it is the world's first zero carbon conference center.

Already a controversial subject, carbon credit trading finds itself further under the microscope as the United Nations investigates five chemical plants in China that have been involved in potentially fraudulent carbon credit trades.

The more you follow renewable energy, the more exciting it gets. 

There was a whole whack of important and groundbreaking news this week; but, maybe none as influential as the U.S. federal government's approval of Cape Wind, the country's first offshore wind farm.

Part I provided a brief explanation of carbon credit trading, but now the question is whether or not such a market is effective in stemming global warming. The answer is not as straight forward as one might think.

The Way it Could Be:

The market of carbon credit purchasing has doubled since 2007, reaching an estimated value of $708 million in 2009. With all the information swirling around there, a breakdown of what carbon credits are and how they work might be useful.

By Definition:

The Hurriyet Daily News, an English-language Turkish newspaper, is reporting that the Irish rock band U2 is helping to raise money to support the Dora-1 geothermal power plant in Aydin, Turkey.

Royal Dutch Shell (NYSE:RDS.A) has changed its tune in regards to government mandated cap and trade systems.