Comments on: CARMA Watch: Red Light for The World Bank Group on Coal-Fired Power http://carma.org/blog/carma-watch-red-light-for-the-world-bank-group-on-coal-fired-power/ What goes around comes around Sun, 07 Sep 2008 07:32:34 +0000 http://wordpress.org/?v=2.5 By: CARMA Blog - » Confronting Coal: How to use CARMA to discover proposed Big Reds http://carma.org/blog/carma-watch-red-light-for-the-world-bank-group-on-coal-fired-power/#comment-684 CARMA Blog - » Confronting Coal: How to use CARMA to discover proposed Big Reds Mon, 11 Feb 2008 17:10:23 +0000 http://carma.org/blog/carma-watch-red-light-for-the-world-bank-group-on-coal-fired-power/#comment-684 [...] dioxide per year than the biggest emitters in the United States. As my colleague David Wheeler has pointed out, the company behind this massive plant, Tata Power, is seeking financing from the World Bank [...] […] dioxide per year than the biggest emitters in the United States. As my colleague David Wheeler has pointed out, the company behind this massive plant, Tata Power, is seeking financing from the World Bank […]

]]> By: CARMA Blog - » Zero-Emissions Power Production is Cheaper Than You Think http://carma.org/blog/carma-watch-red-light-for-the-world-bank-group-on-coal-fired-power/#comment-440 CARMA Blog - » Zero-Emissions Power Production is Cheaper Than You Think Wed, 30 Jan 2008 18:17:56 +0000 http://carma.org/blog/carma-watch-red-light-for-the-world-bank-group-on-coal-fired-power/#comment-440 [...] “Views from the Center” blog. In response to the World Bank Group’s continuing support of coal power plants in the developing world, David crunched the latest numbers on the cost differences [...] […] “Views from the Center” blog. In response to the World Bank Group’s continuing support of coal power plants in the developing world, David crunched the latest numbers on the cost differences […]

]]> By: roman.chanclor@eim-usa.com http://carma.org/blog/carma-watch-red-light-for-the-world-bank-group-on-coal-fired-power/#comment-235 roman.chanclor@eim-usa.com Wed, 09 Jan 2008 01:15:42 +0000 http://carma.org/blog/carma-watch-red-light-for-the-world-bank-group-on-coal-fired-power/#comment-235 ARMONK, N.Y. IBM (NYSE: IBM), in partnership with Enterprise Information Management Inc. and Evergreen Energy Inc. (NYSE: EEE), today announced the release of a greenhouse gas metering software called GreenCert. Thanks to its industry-specific modules, the software calculates carbon savings achieved by greenhouse gas management efforts across various industries. GreenCert quantifies the amount of carbon sequestered in soil over time, and it measures the emissions and energy consumption of light bulbs and electrical equipment in factories and corporate offices, according to IBM. A World Bank report released in 2006 listed the absence of verifiable data provided by compliance tools as a major obstacle to investment in the U.S. carbon market, which it stated could be worth as much as $30 billion. "Reducing climate change risk and promoting investment in clean energy systems is a long-term venture requiring billions of dollars of annual investment..." the report states. "In order for the (carbon) market to generate sustainable long-term capital at the scale required, the market needs a strong compliance system, more transparent and credible processes about formulating and releasing emissions data, and clear signals about future policy direction." According to IBM spokesman Greg Sabey, GreenCert could address the need for a compliance system in the carbon market, providing companies, organizations and farmers with a standard methodology for collecting and manipulating data and documenting emissions reductions. GreenCert could help customers convert emission reductions to Certified Carbon Emission Reduction Credits (CCERC), according to IBM. CCERCs are currently valued between $3 and $8 per metric ton. ARMONK, N.Y. IBM (NYSE: IBM), in partnership with Enterprise Information Management Inc. and Evergreen Energy Inc. (NYSE: EEE), today announced the release of a greenhouse gas metering software called GreenCert.

Thanks to its industry-specific modules, the software calculates carbon savings achieved by greenhouse gas management efforts across various industries. GreenCert quantifies the amount of carbon sequestered in soil over time, and it measures the emissions and energy consumption of light bulbs and electrical equipment in factories and corporate offices, according to IBM.

A World Bank report released in 2006 listed the absence of verifiable data provided by compliance tools as a major obstacle to investment in the U.S. carbon market, which it stated could be worth as much as $30 billion.

“Reducing climate change risk and promoting investment in clean energy systems is a long-term venture requiring billions of dollars of annual investment…” the report states. “In order for the (carbon) market to generate sustainable long-term capital at the scale required, the market needs a strong compliance system, more transparent and credible processes about formulating and releasing emissions data, and clear signals about future policy direction.”

According to IBM spokesman Greg Sabey, GreenCert could address the need for a compliance system in the carbon market, providing companies, organizations and farmers with a standard methodology for collecting and manipulating data and documenting emissions reductions.

GreenCert could help customers convert emission reductions to Certified Carbon Emission Reduction Credits (CCERC), according to IBM. CCERCs are currently valued between $3 and $8 per metric ton.

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