Renowned Philippine Columnist, Mr. Rey “Butch” Gamboa, reported that Eco Securities of Ireland offered a local piggery, Uni-Rich, $12000/year ($4/carbon credit) for their carbon revenues till the year 2012. Uni-Rich gets carbon credits for trapping and using the methane generated from their pig manure to power some of their facilities.

In turn, Eco Securities sells their rights to big banks (Caisse des Depots) at $18/carbon credit. Does it look like a fair trade?, or is there just too much money for the middle man? But if Eco Securities are the one themselves investing in the certification and the methane trapping equipment, then it is a fair trade off. Not to mention that there are yearly monitoring costs that have to be spent to check whether Uni-Rich is indeed following its Green practices of processing their solid wastes.
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PNOC president Peter Anthony Abaya said that there are entities interested in purchasing the potential carbon credits that can be generated by the PNOC-Alternative Fuels Corporations Jatropha Plantations. Three of the entities he mentioned were EcoSecurites, Mitsubishi Securities of Japan and the World Bank.
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You probably noticed that we’ve been down for quite a few hours. The reason behind that was because we were busy migrating to our new host. So that we could proudly say that we are hosting on green servers.

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Wary of bogus Carbon Credit Offsetters that have no affect on reducing greenhouse gases, the UK Government has set new guidelines for Carbon Credit Offsetters.

The worry for the government has been that the benefits of many of the projects have proved difficult to verify and may be open to abuse.

The effect of the new “guidelines” is that only four offset providers have been found to have met the new guidelines. This drew a howl of protest from some offsetters.

Article here

Quick Guide to Carbon Offsetting