carbon credit, definition of

Biodiesel is an alternative fuel produced from renewable resources such as plant oils, animal fats, used cooking oil, and new sources such as algae. Biodiesel contains no petroleum, but can be combined in any quantity with petroleum diesel to create a biodiesel blend. Biodiesel blends can be used in most "compression-ignition" (diesel) engines with little or no modifications. Biodiesel is simple to use, biodegradable, nontoxic, and essentially free of sulfur and aromatics (the "diesel" odor). (Biodiesel is not raw vegetable oil.)

• How a Small Chinese Company Tricked the German State | DW Investigation
  DW uncovered that dozens of Chinese climate projects, certified by the German authorities as carbon credits under the upstream emission reduction scheme, failed to deliver on promises to save millions of tons of carbon emissions...
• Is Al Gore the Latter Day Pardoner?
  Carbon Credits Are Modern Indulgences.  Guest post by Dr. Tim Ball Geoffrey Chaucer (c.1342 – 1400) is among the giants of English literature, recognized for his perceptive and realistic stories about human nature. Like Shakespeare, his characters...
• Global carbon market expected to crash, already loses half of its value since 2011, from $18 to less than $10 in 2012
  Global Carbon Market Hits $176 Billion in 2011 By Jo Nova Global Carbon Market trading climbed to $176 billion in 2011 according to the The World Bank, which has just released it’s annual State and Trends of The Carbon Market … Continue reading...
• Corruption in the carbon trading market
  Corruption and crime already taking place in the carbon market Opinion piece by Julie Bishop, Deputy Leader of the Opposition (Australia) 20th July 2011 Carbon offsets have already run out of credit “…..It is alarming that the Prime Minister has …...
• Countdown to flatline: world carbon trading market falls for first time – World Bank reports rumblings of possible failure
  I wonder how long before flatlining occurs, like last year with the Chicago Climate Exchange (CCX):   Even the Guardian is covering this “failure” of carbon markets...

Related Tags: carbon trading