What is carbon trading? |
By Doc Pico on - Carbon Trade
Carbon trading is effectively an interaction between buyers and sellers trading the right to emit greenhouse gases. Mandatory government schemes have been created as a result of the Kyoto protocol, and are known as the compliance market. The scope of legislative schemes is largely limited to heavy industry and power generating companies at present, although there are moves to increase the number and type of organisations that will be included in compliance schemes in future.
EU Emissions Trading Scheme (ETS) |
By Doc Pico on - Carbon Trade
 |
The European Union’s (EU) Emissions Trading Scheme (ETS) is a cornerstone of the EU’s efforts to meet its obligation under the Kyoto Protocol. It covers more than 10,00 energy intensive facilities across the 27 EU Member countries; covered entities emit about 45% of the EU’s carbon dioxide emissions. |
Carbon credit trade in Malaysia |
By Doc Pico on - Carbon Trade
Demand for carbon credit trading in Malaysia is expected to surge in the next few years as a large number of polluting companies scramble to buy up credits in line with the European Union's environment rules.
Malaysia is expected to benefit as it has also a huge potential to increase carbon trading activities due to the abundance of waste resources.
