Donations of U.N.-backed carbon credits to help reduce the carbon footprint of the World Cup in Brazil have surpassed the half million mark, the local government said on Thursday.

(Reuters) - Norway will buy 21 million U.N.

European Union carbon permits had the biggest quarterly gain in six years as lawmakers consider permanent measures to curb a surplus that helped push prices to a record low.

A man takes a photograph standing in front of a structure covered with an image of the Hong Kong island skyline at the waterfront in the Tsim Sha Tsui area on Aug. 22, 2013.

Australian landfills, set to make total windfall profits of up to A$200 million ($187 million), if the country's carbon tax is repealed have proposed using some of the revenue to buy millions of U.

During the first Kyoto commitment period, the Clean Development Mechanism (CDM) emerged to be a global standard for the global carbon market. Linking developing and industrialized countries in an international cooperation mechanism, it provided a governance and accounting framework for emission reduction efforts around the world.

Brazil, looking to offset the carbon emissions generated by construction, travel and other activities related to hosting the 2014 Soccer World Cup, said on Tuesday it wants holders of United Nation

Efforts to bring cleaner, more efficient stoves to the billions of people who use traditional biomass for cooking and heating have gained new momentum in recent years, driven both by longstanding health and environmental concerns, and by a growing recognition of the importance of modern energy access for development.

The development of coal mine methane (CMM) projects is subject to various kinds of risk, one of these being their highly variable methane content. In this study, a new methodology is proposed to reflect the impact of this uncertainty on a negotiated Certified Emission Reduction (CER) price, which is based on the available information. To simulate a process of price negotiation the Rubinstein-Ståhl bargaining game is utilized, where a buyer’s discount factor is unknown. It is assumed that a buyer’s willingness to accomplish price negotiations depends on the CER uncertainty.

PHEP-I: Punatsangchhu hydroelectric project I (PHEP-I) will earn about Nu 1.4B worth of foreign currency annually upon commissioning, in exchange for carbon credits.