| Headline |
Author |
Published |
Section |
Climos Def New company wants to seed ocean with iron to sequester carbon |
|
05 Mar 2008 |
News |
| Posted at 12:24 PM on 05 Mar 2008 Weeks after ocean-seeding company Planktos bit the iron dust, a startup called Climos is plowing ahead with a similar business plan: seed the ocean with iron dust to stimulate the growth of CO2-gobbling plankton, then sell offsets for the sequestered carbon. Climos has announced $3.5 million in venture capital and is backed by reputable investors: Tesla Chair (née Pay-Pal cofounder) Elon Mu ... |
|
| Topics: business, carbon offsets, carbon sequestration, climate, climate change mitigation, geoengineering, news, oceans (all these topics) |
|
|
Strike While the Iron Is ... Whoops, Too Late Plan to combat warming by seeding ocean with iron runs out of funds |
|
14 Feb 2008 |
News |
| Posted at 3:26 PM on 14 Feb 2008 Planktos, the company that proposed fending off global warming by seeding the ocean with iron dust, has failed to get enough funding to go forward with planned tests. Under the Planktos business plan, iron fertilization would encourage phytoplankton blooms, which would suck up extra CO2, allowing the company to sell carbon offsets. But it was not to ... |
|
| Topics: business, carbon offsets, climate, climate change mitigation, geoengineering, news, oceans (all these topics) |
|
|
Same carbon credits sold twice (as CDM and on voluntary market) Double counting does not legally qualify as fraud |
Gar Lipow |
27 Jul 2007 |
Gristmill |
| The ENDS Report -- July 2007, issue 390 ($ub. rqd): ENDS has learned that chemical corporation Rhodia is using carbon credits from the Clean Development Mechanism (CDM) to meet voluntary corporate targets -- only to sell them at a profit to be counted again elsewhere. Cement company Lafarge has not ruled out the same practice. Companies like Rhodia can use CDM credits to comply with mandatory targets under the EU Emissions Trading Scheme. But they can also use t ... |
|
| Topics: business, carbon offsets, climate, climate change mitigation (all these topics) |
|
|
More rules of the road for offsets: Common sense is good Measure, monitor, reduce, offset |
Adam Stein |
13 Jul 2007 |
Gristmill |
| Haven't had enough on offsets yet? Good. Romm's zeroth rule of carbon offsets is that you should "do everything reasonably possible to reduce your own emissions" before buying offsets. At first blush, this reads like a memo from Obviousland, a staunch statement in favor of apple pie. Pretty much every marketer of carbon offsets heavily stresses that offset purchases should go hand-in-hand with serious attempts at conservation, and I certainly agree. So far, s ... |
|
| Topics: business, carbon offsets, climate, climate change mitigation, greening biz operations (all these topics) |
|
|
PG&E's 'ClimateSmart' offsets are anything but Breaking all the offset rules |
Joseph Romm |
09 Jul 2007 |
Gristmill |
| [Important update to this post here.] One reason I began posting my Rules of Carbon Offsets is a dubious program by the California utility PG&E called ClimateSmart, which is supposed to allow PG&E customers to become 'climate neutral.' This program actually manages to violate rules zero, 1, and 2 all at once! It really makes clear why offsets are bastardized emissions reductions -- and why trees are an especially dubious offset. This picture graces the 'Ou ... |
|
| Topics: business, carbon offsets, climate, climate change mitigation, green living, greenhouse-gas emissions, greenwashing (all these topics) |
|
|
Rules of the road for carbon offsets: A better map Carbon offsets are tricky business |
Adam Stein |
09 Jul 2007 |
Gristmill |
| Joseph Romm has been running a series of 'rules of the road for carbon offsets' on these pages. This is a worthwhile endeavor, and as good of an excuse as any for me to provide some shade and color to the frequently misconceived debate over offsets. Although I mostly agree with Romm's conclusions, I don't think he chose the best route to reach them. My intent is not to rebut Romm's proposed rules -- again, I (mostly) agree with all of the guidelines posted so far, eve ... |
|
| Topics: business, carbon offsets, climate, climate change mitigation, green living, greenhouse-gas emissions (all these topics) |
|
|
Rule zero: Heal thyself Offsets should be the last thing you need to turn to |
Joseph Romm |
06 Jul 2007 |
Gristmill |
| Before you pay others to reduce their emissions on your behalf, you need to do everything reasonably possible to reduce your own emissions first. As the saying goes, 'Physician, heal thyself,' before presuming to heal other people. This rule is so obvious I almost forgot it. And yet many people, including Google and PG&E, don't seem to get it. The whole point of offsets is not to make you feel good, and it's not to allow you to continue polluting as much as y ... |
|
| Topics: business, carbon offsets, climate, climate change mitigation, green living, greenhouse-gas emissions (all these topics) |
|
|