Comments on: Rise of the Carbon Traders: Interview with COzero Founder http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/ Technology Reviews, Movies and TV Shows, Personal Finance, Politics, Environment, Books... Thu, 02 Sep 2010 12:34:51 +1000 http://wordpress.org/?v=2.8.4 hourly 1 By: Evan http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1702 Evan Tue, 15 Jan 2008 17:07:51 +0000 http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1702 So how old were you when you helped start the green power company? It must of been young and that is some achievement. So how old were you when you helped start the green power company? It must of been young and that is some achievement.

]]> By: William http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1701 William Sat, 08 Sep 2007 12:57:26 +0000 http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1701 Aaron, I have to say, from what I can see 'carbon trading' is different to what COzero's is doing. I went to their website and it looks like COzero retires the carbon credit, meaning, every time you purchase a credit to offset your footprint, COzero retires that credit, throws it away, never to be traded or sold again. A carbon credit is far from being meaningless, the way I see it, the money generated from credits works like a subsidy for the green industry. So for every dollar you spend on a credit your actually helping to grow the green industry. You can't just wake up one morning and decide your going to generate and sell carbon credits. The criteria is quite strict, and you'd have to continually meet certain rules & audits to show your using the money properly. IE: A windfarm that's been approved by "The Gold Standard" to sell credits with their endorsement, would have to show the money flowing onto the installation of more wind turbines etc. I like what COzero is doing, they're going to do well simply because they're not trying to sell dodgy "in house" credits, in fact they're only selling credits from well known accredited carbon credit providers. In a emerging industry that is a smart and very wise move. I noticed they also have a social networking style of site which is quite cool aswell. You don't have to pay anything, they just ask you calculate your emissions and be aware of the problem etc. Go COzero!!! William Aaron, I have to say, from what I can see ‘carbon trading’ is different to what COzero’s is doing. I went to their website and it looks like COzero retires the carbon credit, meaning, every time you purchase a credit to offset your footprint, COzero retires that credit, throws it away, never to be traded or sold again.

A carbon credit is far from being meaningless, the way I see it, the money generated from credits works like a subsidy for the green industry. So for every dollar you spend on a credit your actually helping to grow the green industry.

You can’t just wake up one morning and decide your going to generate and sell carbon credits. The criteria is quite strict, and you’d have to continually meet certain rules & audits to show your using the money properly. IE: A windfarm that’s been approved by “The Gold Standard” to sell credits with their endorsement, would have to show the money flowing onto the installation of more wind turbines etc.

I like what COzero is doing, they’re going to do well simply because they’re not trying to sell dodgy “in house” credits, in fact they’re only selling credits from well known accredited carbon credit providers. In a emerging industry that is a smart and very wise move.

I noticed they also have a social networking style of site which is quite cool aswell. You don’t have to pay anything, they just ask you calculate your emissions and be aware of the problem etc.

Go COzero!!!

William

]]> By: Nick Armstrong http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1700 Nick Armstrong Sat, 08 Sep 2007 09:51:42 +0000 http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1700 I forgot to mention: we have a really cool <a href="http://www.cozero.net/content/whatisacredit.aspx">flash animation which explains carbon credits</a> on our website I forgot to mention: we have a really cool flash animation which explains carbon credits on our website

]]> By: Nick Armstrong http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1699 Nick Armstrong Sat, 08 Sep 2007 09:49:21 +0000 http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1699 Thanks for the question Aaron, and Yes, credits are meaningless unless they are RETIRED, that is, locked in a bank and the key thrown away. Otherwise credits become merely a financial product which can be bought and sold like shares. Most offset providers will retire the credits on behalf of their customers. COzero, in particular, retires credits in Australia with the Office of the Renewable Energy Regulator (ORER), and internationally with the Chicago Climate Exchange (where we are registered as a Carbon Retirer). When offsetting your emissions, ensure that your offset provider is actually retiring your emissions, so the buck stops then and there. You can then be certain that you are actually contributing to REAL and TANGIBLE emissions reductions. Hope this answers your question. Thanks for the question Aaron, and Yes, credits are meaningless unless they are RETIRED, that is, locked in a bank and the key thrown away. Otherwise credits become merely a financial product which can be bought and sold like shares.

Most offset providers will retire the credits on behalf of their customers. COzero, in particular, retires credits in Australia with the Office of the Renewable Energy Regulator (ORER), and internationally with the Chicago Climate Exchange (where we are registered as a Carbon Retirer).

When offsetting your emissions, ensure that your offset provider is actually retiring your emissions, so the buck stops then and there. You can then be certain that you are actually contributing to REAL and TANGIBLE emissions reductions.

Hope this answers your question.

]]> By: aaron http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1698 aaron Sat, 08 Sep 2007 02:39:25 +0000 http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1698 I'm not sure I understand this whole carbon-trading business... maybe it's because I'm American, but aren't these credits basically meaningless? I'm all for green energy generation, but I never understood this credits thing I’m not sure I understand this whole carbon-trading business… maybe it’s because I’m American, but aren’t these credits basically meaningless? I’m all for green energy generation, but I never understood this credits thing

]]> By: jews http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1697 jews Mon, 27 Aug 2007 11:45:45 +0000 http://www.bhatt.id.au/blog/rise-of-the-carbon-traders-interview-with-cozero-founder/#comment-1697 Climate issues are very important in contexts like this one. I really hope that people indeed start treating it seriously and invest efforts into saving our planet. Climate issues are very important in contexts like this one. I really hope that people indeed start treating it seriously and invest efforts into saving our planet.

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