Sao Paulo, Brazil, has recently brokered the first regulated stock sale of carbon credits, collecting more than $18 million in exchange for credits covering nearly 1 million tons of carbon emissions. This may lay the foundation for a carbon market.
"Brazil's largest city sold millions of dollars worth of carbon credits at an auction Wednesday in a deal that experts said paves the way for developing countries to make money fighting global warming."
"Brazil's Mercantile and Futures Exchange called Sao Paulo's sale of $18.5 million in carbon credits to Dutch-Belgian Fortis Bank the first such sale to be held on a regulated stock market and a significant step toward institutionalizing the carbon market."
"Fortis Bank beat out 13 competing bids to win the rights to emit 808,450 metric tons (891,163 U.S. tons) of carbon dioxide with an offer of $22.90 per metric ton, the exchange said in statement."
"The World Bank says the global carbon market -- where government and industry limits on carbon dioxide emissions are traded like credits -- tripled from $7.9 billion in 2005 to $24.4 billion last year."
FULL STORY: Brazil Claims First With Carbon Auction
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
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Accessibility-based planning minimizes the distance that people must travel to reach desired services and activities. Measured this way, increased density can provide more total benefits than increased speeds.
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Austin’s Proposed EV Charging Rules Regulate Station Locations, Size
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Making California State Parks More Climate-Resilient
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City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
