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Obama to Take Action to Slash Coal Pollution
NY Times
WASHINGTON, USA, June 1, 2014
The Obama administration on Monday will announce one of the strongest actions ever taken by the United States government to fight climate change, a proposed Environmental Protection Agency regulation to cut carbon pollution from the nation’s power plants 30 percent from 2005 levels by 2030, according to people briefed on the plan who spoke anonymously because they had been asked not to reveal details.
China plans absolute CO2 cap from 2016
Reuters
BEIJING, China, June 3, 2014
China, the world's biggest emitter of climate-changing greenhouse gases, will set an absolute cap on its CO2 emissions from 2016, a top government adviser said on Tuesday.
The target will be written into China's next five-year plan, which comes into force in 2016, He Jiankun, chairman of China's Advisory Committee on Climate Change, told a conference in Beijing.
"The government will use two ways to control CO2 emissions in the next five-year plan, by intensity and an absolute cap," he said.
The move will be the first time China puts absolute limits on its CO2 emissions, which have soared 50 percent since 2005.
He's statement comes the day after the United States, the world's second-biggest emitter, for the first time announced plans to rein in carbon emissions from its power sector, a move the Obama administration hopes can inject ambition into slow-moving international climate talks.
First-Ever REDD Project in Amazon Rainforest Receives Registration Under the Verified Carbon Standard
Partnership between CIKEL and 33 Forest Capital protects Rainforest, offers green investment opportunities
PR Newswire
BELEM, Brazil, June 11, 2012
33 Forest Capital, working in cooperation with Brazilian company CKBV Florestal, part of Grupo Cikel, announced today that it has been awarded Registration under the Verified Carbon Standard (VCS) for the first-ever REDD (Reducing Emissions from Deforestation and Degradation) project in the Amazon Rainforest.
The CIKEL Brazilian Amazon REDD APD Project is expected to receive carbon credits over the next ten years based upon a projected reduction of 9.4 million tonnes of CO2 emissions.
The CIKEL Project is located in Para State, Brazil, where 63% of the Amazon Rainforest has already been lost. By using sustainable logging practices certified by the Forest Stewardship Council®, CIKEL will continue to avoid the deforestation of 27.4 thousand hectares of rainforest which would have been deforested had traditional logging practices been used.
Passing rigorous validation standards, the CIKEL Project was validated by the VCS and the Rainforest Alliance. The VCS is the most commonly used standard for carbon accounting among projects which issue credits in the voluntary markets.
The project delivers significant benefits to the rainforest by protecting carbon stored in the forest's living biomass, by protecting the biodiversity and local communities that depend on the forest's ecosystem, and by generating an alternative income source for CIKEL via the sale of VCUs (Verified Carbon Units).
Several species native to the region that the International Union for Conservation of Nature labeled endangered will remain protected under the CIKEL Project.
Emission reductions are ensured by the VCS to be real, measurable, additional, permanent, independently verified and conservatively estimated. The VCS uniquely numbers and registers VCUs in a central database where VCUs are issued, held, transferred and retired, guaranteeing transparency.
About CIKEL: CIKEL is a 100% Brazilian company active for over 35 years, its main focus is sustainable wood, outsourcing and siderurgy. Its sustainable logging practice has FSC® certification and its mission is "Transform natural and human resources into sustainable wealth".
http://www.33forestcapital.com
SOURCE 33 Forest Capital