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UK's SSE to offset CO2 in China wind farm deal  

Britain’s Scottish and Southern Energy (SSE) said on Monday it had struck a deal allowing it to offset its own CO2 emissions by buying the CO2 reduction from four Chinese wind farms.

The deal with a subsidiary of state-backed China Guodian Corporation will support the development of four 50 megawatt wind farms in northeast China, which are expected to displace around 2 million tonnes of CO2 from nearby coal-fired power stations.

Scottish & Southern will support the construction, which is already underway, by buying 2 million certified Carbon Emissions Reduction certificates (CERs) over five years from 2008 – the first time it has directly offset its CO2 through the scheme.

“The large majority of our investment in reducing carbon emissions will continue to be in the UK, but CERs are an effective means of supplementing it,” said Chief Executive Ian Marchant.

Mon Jun 25, 2007
Reuters

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