carbon offsets

The Race to Carbon Neutral

Photo: Costa Rica from Above. <a href="http://flickr.com/photos/dmcl/2187855344/"> BlindAmbitionBlog (flickr)</a>
Photo: Costa Rica from Above. BlindAmbitionBlog (flickr)

This week, Norway declared that it will become the world’s first carbon-neutral country, by 2030. It turns out that the idea of “going carbon-neutral” is becoming quite the fashion around the globe, though – and Norway might find more competition than it bargained for: In 2007, Costa Rica announced it's intention to become carbon neutral by 2021, the 200th birthday of the Central American country. If Costa Rica meets its goal, it will beat Norway to claim the title of first carbon neutral country.

Update: In the weeks since this was posted, the United Nations has launched the Climate Change Network, which aims to unite global responses to climate change. Since Norway announced its intention to go carbon-neutral, three more countries have made the same declaration: Iceland, New Zealand, and Monaco. A National Geographic News article posted in March figured that Costa Rica was most likely to win the race to carbon-neutrality, considering for example that 80 percent of that country’s energy comes from renewable resources already.

From the Archives

Europe Must Admit Africa to the Carbon Trading Club

Previously filed under: Europe and Middle East, Environment
The time is right for Europe to change its carbon trading rules in order to give Africa access to the market, writes Louis V. Verchot, a climate change scientist.

Breaking News

Zimbabwe: Inflation Rockets to 231-Million Percent

All Africa - Fri, 10/10/2008 - 08:24
Zimbabwe's annual inflation raced to a record 231-million percent in July, up from 11,2-million percent the previous month, deepening a severe economic crisis, official figures showed on Thursday.

Africa: Going Bananas to Fight Poverty And Hunger

All Africa - Fri, 10/10/2008 - 07:30
Arguably one of the world's most popular fruits, bananas are poorly marketed as a value-added commercial crop in Africa. But that is about to change as a plan is being conceptualised to transform the way Africa produces and sells bananas.

Global Markets Dive in Relentless Selloff

International Herald Tribune - Fri, 10/10/2008 - 06:48
Global investors looked to leaders meeting in Washington for coordinated action to end the financial turmoil on Friday as stocks plummeted again around the world.

The Stunning Collapse of Iceland

Business Week - Fri, 10/10/2008 - 06:30
Home to just 304,000 people, tiny Iceland is emerging as the biggest casualty of the global financial crisis.

Don't Cut Aid to Africa, AU Head Pleads to World

The Epoch Times - Fri, 10/10/2008 - 11:44
The chairman of the African Union urged the world not to slow aid to the world's poorest continent. Experts say that while Africa is relatively insulated from the global credit crisis, there could well be a negative effect on investment, remittances and aid flows from abroad.

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