CDM
92% of South African businesses favour more environmental tax incentives, 55% feel the current criteria for these are too tough and 73% feel that current government policies relating to tax, incentives, or trading schemes are ineffective in encouraging businesses to significantly change behaviour.
The 2009 National Business Initiative (NBI) Annual Report Back to members and stakeholders was held on the 10th of November 2009. The NBI delivered in-depth insights into the role of businesses in achieving a sustainable future.
Towards the end of last year, the Carbon Disclosure Project (CDP) launched the CDP Water Disclosure, a new programme that will help institutional investors better understand the business risks and opportunities associated with water scarcity and other water-related issues, by increasing the availability of high quality business information on this critical issue.
Monday, 09 November 2009 14:02

An international look at carbon management

Based on responses by more than 300 global companies, The Carbon Management and Offsetting Trends Survey Results 2009 from EcoSecurities, offers a snapshot of global corporate attitudes toward the voluntary carbon market and the role carbon offsets play within larger carbon management strategies.
As we approach the last round of international climate change negotiations prior to Copenhagen in December this year, it is critical to assess whether business in South Africa is significantly prepared to respond to international and national calls to action and strategic responses to climate change. Furthermore, as the negotiating blocs lobby for a new deal in Copenhagen, it is clear that climate change is increasingly presenting a threat not only to the environment but to business as well.
Monday, 09 November 2009 13:53

Overview: Carbon Tax

The notion of a ‘carbon tax’ or taxation imposed on the emissions of greenhouse gases with the objective of reducing such emissions, has become a ‘hot’ policy topic internationally.
Monday, 09 November 2009 13:45

CDM in SA: Where are we?

The Clean Development Mechanism is the international marketplace for high quality carbon reduction credits. Under strict regulation, Certified Emission Reductions (CERs) are generated through a set of project procedures, as set out in the CDM protocol. CERs command a higher price than VERs, as buyers are guaranteed a credible emissions reduction established through internationally accepted standards. (See 25° in Africa, Journal 3 2009)
Monday, 09 November 2009 13:39

Carbon tax legislation

Carbon tax legislation has become a burning issue of late in the global community. While more and more nations are passing legislation aimed at reducing their carbon footprint, South Africa has yet to formally commit to such a system – a state that is likely to change within the near future.
Wednesday, 16 September 2009 10:23

Carbon trading via VERs and CERs?

The Clean Development Mechanism is the international marketplace for high-quality carbon reduction credits. Under strict regulation, Certified Emission Reductions (CERs) are generated through a complex set of project procedures, as set out in the CDM protocol.
The European Union is expected to release a complete list of airlines that will be required to participate in the European cap and trade system. In the interim, their preliminary list includes over 700 airlines registered in the U.S., including Delta, United and American Airlines.