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Wed08202014

Seven creative ways to teach your kids about eco-living

Seven creative ways to teach your kids about eco-living

According to Bureau of Labor Statistics, 3.1 million jobs in the United States w...

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

The Asian Development Bank will provide Indonesia a loan of up to $50 million to...

Iberdrola completes its first three renewable energy projects in South Africa

Iberdrola completes its first three renewable energy projects in South Africa

Iberdrola has completed two wind farms and a photovoltaic power plant in South A...

Former Irish president appointed as special envoy for climate change

Former Irish president appointed as special envoy for climate change

Former Irish President Mary Robinson has been appointed by United Nations Secret...

The truth about the forthcoming endangered cities

The truth about the forthcoming endangered cities

Gone are the days when the term ‘endangered’ was being cascaded to animals or di...

Elemooni: Eco-friendliness for kids

Elemooni: Eco-friendliness for kids

A new group of nano explorers could change the way children learn about positive...

R.E.S. Americas orders 166 MW-worth of wind turbines from Vestas

R.E.S. Americas orders 166 MW-worth of wind turbines from Vestas

Wind turbine manufacturer Vestas has received an order from Renewable Energy Sys...

Business

Technology

From used to useful – cigarette butts used to store energy

From used to useful – cigarette butts used to store energy

Monday, 18 August 2014

Used cigarette butts could go from unsightly trash to key materials for the next generation of energy storage devices. It’s estimated that as many as ...

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Politics

Living Green

Eco-friendly ways to decorate your home

Eco-friendly ways to decorate your home

Tuesday, 19 August 2014

When it comes to renovating a room or giving the whole house a makeover there are some steps you can take to ensure that it doesn’t have as big an imp...

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Renewables

Low-Carbon

Asia Pacific region to see more P.E.V.s by 2018 – Navigant Research

Asia Pacific region to see more P.E.V.s by 2018 – Navigant Research

Tuesday, 19 August 2014

The Asia Pacific region will surpass North America as the largest market for plug-in electric vehicles by 2018, finds a report from Navigant Research....

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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Citi buys carbon credits from Mongolian energy efficiency project

Citi will purchase 1.17 million metric tons of carbon credits over the next seven years from Seattle-based carbon markets intermediary MicroEnergy Credits for reduce household emissions in Mongolia.

In Ulaanbaatar, the Mongolian capital, local lender XacBank will finance the locals' purchase of energy- efficient stoves and insulation fixtures so they increase heat retention and lower the rate of fossil fuel consumption and carbon emissions.

Many of Ulaanbaatar's population still live in traditional, tent-like structures called gers. Gers are traditionally under-insulated and heated by inefficient coal-burning stoves.

The greenhouse gas emissions reductions from the installation of more efficient household insulation and heating fixtures will generate carbon credits.

The reduction in emissions will be earned by XacBank clients and assigned to MicroEnergy Credits. MicroEnergy Credits will then quantify, aggregate and sell the credits to Citi, which can then trade and sell the credits under the European Union Emissions Trading Scheme.

The first carbon credits are expected to be available for purchase by Citi in March next year.

Portions of the proceeds from Citi's carbon credit purchase will also be distributed by MicroEnergy Credits back to XacBank, allowing for the continuation of the energy efficiency micro-loans.

Over-the-counter price for Certified Emission Reductions is currently hovering at over 3 euros ($4) per metric ton.



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