[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Add NWW headlines to your site (click here)

Get weekly updates

when your community is targeted


RSS feeds and more

Keep Wind Watch online and independent!

Donate via Paypal

Donate via Stripe

Selected Documents

All Documents

Research Links


Press Releases


Campaign Material

Photos & Graphics


Allied Groups

News Watch Home

TrustPower carbon sale 

European company Electrabel has signed an Emission Reduction Purchase Agreement with TrustPower to buy carbon credits from one of its wind farms.

Electrabel will purchase 228,000 carbon credits from TrustPower’s Tararua II Wind Farm over the period 2008-12.

The Tararua II Wind Farm is an eligible project under the Joint Implementation mechanism of the Kyoto Protocol yielding Emission Reduction Units.

Electrabel will use the Emission Reduction Units to cover its commitments under the European emission trading scheme.

TrustPower trading manager Therese Thorn says the sale of Emission Reduction Units to Electrabel is a “great example of how businesses in other countries can effectively help pay for the cost of New Zealand investments in clean, green, sustainable energy and other projects”.

She says TrustPower is looking to place a further allocation of its remaining 1.1 million Assigned Amount Units produced from its renewable generation portfolio into the market soon.

TrustPower did not disclose the sale price. Assuming a carbon price near current EU trading levels of $30 a tonne, TrustPower would have netted around $7 million from the deal.

NewsRoom.co.nz Agency Story

Additional material has been added by NBR staff.

The National Business Review

20 November 2007

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
   Donate via Paypal
(via Paypal)
Donate via Stripe
(via Stripe)


e-mail X FB LI TG TG Share

News Watch Home

Get the Facts
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.


Wind Watch on X Wind Watch on Facebook

Wind Watch on Linked In Wind Watch on Mastodon