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Businesses in the European Union want clear direction beyond the present 2020 emissions reduction goals, so as to be able to plan investment ahead. Carbonoffsetting.ie, a leading UK information portal about carbon offsets, also believes that the European Commission should provide the necessary post-2020 legal framework for companies to cut their carbon emissions and invest in green technologies.
Earlier this month, at a meeting of the EU Member States’ Environment ministers, Poland vetoed the European Commission’s low-carbon roadmap for 2050. Almost entirely dependent on coal for electricity generation, Poland says that the economic repercussions of the targeted cuts would be too burdensome. For its lone dissenting voice, the Polish government was sharply criticised [...]
The management of a water filtration project in Kenya announced last week that the project has been awarded 1.4 million carbon credits by the Gold Standard for providing low-carbon solutions for clean water. In applauding the award, carbon-investments.co.uk notes that the project, which is the world’s first carbon-financed initiative for affording households access to safe drinking water, shows how carbon credit schemes can drive innovation among sustainable investments.
A new study from the University of Leeds shows that UK cities could cut their energy bills by billions by taking commercially attractive opportunities in renewable energy projects and carbon offsetting. These investments, which could be made in industry, transport, households, commercial and public buildings, would pay for themselves on commercial terms in just four [...]
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