|Updated: 5/16/2006; 10:02:51 AM.
|Ken Novak's Weblog
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Wednesday, February 06, 2002
News on carbon trading:
- Canadian power producer BC Hydro is in the market for large amounts of greenhouse gas (GHG) offsets from anywhere in the world.
- The Davos meeting in New York purchased offsets for its meetings from an Indonesian geothermal producer (and very effectively publicized the purchase).
- The Chicago Climate Exchange has built a long roster of partners during its design phase (funded by Chicago's Joyce Foundation).
- The World Bank Prototype Carbon Fund met its $150m funding target, has started a few projects, runs a training and research programme, and is building a substantial document library of its activities.
Large hydroelectric dams produce greenhouse gases,
according to a Brazilian study. CO2, NOx and methane are produced by the decomposition of vegetation in flooded reservoir areas, large quantities of algae emitting CO2, and the accumulation of organic nutrients taken to reservoirs by rain and rivers.
This contradicts the traditional view of hydro dams as producers of clean energy. 12:33:04 PM
Copyright 2006 © Ken Novak.
Last update: 5/16/2006; 10:02:51 AM.