EcoSecurities registers 22 biogas projects under the CDM in Mexico and the Philippines
UK-based EcoSecurities, one of the world's leading companies in the business of originating, creating and trading carbon credits, announces the registration of 22 Methane Recovery and Electricity Generation projects under the Kyoto Protocol's Clean Development Mechanism (CDM). The projects are planned and in some cases underway at a series of pig farms in Mexico and the Philippines. Each project calls for construction of a covered in-ground anaerobic reactor to convert animal waste into biogas, an energy source that can be used to generate clean electricity on the sites.
Eighteen of the 22 projects, planned in the Mexican states of Puebla and Veracruz, were developed by EcoSecurities in conjunction with Cargill and Granjas Carroll de Mexico (GCM). The additional 4 projects, in the Phillipine provinces of Tarlac and Bulacan, were developed by EcoSecurities and Philippine BioSciences Co. (PhilBio).
biomass :: bioenergy :: biofuels :: energy :: sustainability :: climate change :: Kyoto Protocol :: Clean Development Mechanism :: biogas :: Philippines :: Mexico ::
The CDM is a mechanism of the Kyoto Protocol which allows industrialised countries with a greenhouse gas reduction commitment (so-called Annex 1 countries) to invest in emission reducing projects in developing countries and count them towards their Kyoto targets.
British-based EcoSecurities, which develops and trades carbon credits, is pushing to boost its generation of carbon credits. Next year it plans to source 50 million to 100 million tonnes of greenhouse gas credits in Asia.
Recently, a number of critical organisations has pointed out that carbon trading has become a mechanism that is missing its original targets (earlier post), whereas others have revealed that CDM projects and their benefits seldom reach the poorer countries (earlier post), most notably those in Africa (earlier post).
Eighteen of the 22 projects, planned in the Mexican states of Puebla and Veracruz, were developed by EcoSecurities in conjunction with Cargill and Granjas Carroll de Mexico (GCM). The additional 4 projects, in the Phillipine provinces of Tarlac and Bulacan, were developed by EcoSecurities and Philippine BioSciences Co. (PhilBio).
"The registration of these projects represents a significant achievement, not just from the sizeable reductions achieved in greenhouse gas emissions but also in other environmental and sustainable development benefits such as the elimination of odour, additional employment opportunities and diversification of energy sources". Jessica Orrego - EcoSecurities Implementation & Monitoring Manager .These projects will reduce greenhouse gas emissions produced by the release of methane from wastewater lagoons. Methane is a greenhouse gas 21 times stronger than carbon dioxide. Combined, the projects have the potential to generate over 131,000 Certificates of Emission Reduction (CERs - one CER represents 1 tonne) per year :
biomass :: bioenergy :: biofuels :: energy :: sustainability :: climate change :: Kyoto Protocol :: Clean Development Mechanism :: biogas :: Philippines :: Mexico ::
The CDM is a mechanism of the Kyoto Protocol which allows industrialised countries with a greenhouse gas reduction commitment (so-called Annex 1 countries) to invest in emission reducing projects in developing countries and count them towards their Kyoto targets.
British-based EcoSecurities, which develops and trades carbon credits, is pushing to boost its generation of carbon credits. Next year it plans to source 50 million to 100 million tonnes of greenhouse gas credits in Asia.
Recently, a number of critical organisations has pointed out that carbon trading has become a mechanism that is missing its original targets (earlier post), whereas others have revealed that CDM projects and their benefits seldom reach the poorer countries (earlier post), most notably those in Africa (earlier post).
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