Telecom Tower & Power Services, LLC

Telefónica has released its results for the second quarter of 2010, posting quarterly revenue of 15.120 billion euro (US$19.624 billion), up 9% year-on-year (y/y), and operating income before debt and amortisations (OIBDA) of 5.791 billion, up 4% y/y. The reported OIBDA margin was 38.3%, against 40.1% a year earlier. For...

Microsoft said today that it was partnering LG Uplus to launch cloud computing services in South Korea, Dow Jones reports. The two companies hope to establish a partnership that will help South Korean businesses improve productivity and boost their competitiveness while delivering integrated services across the PC, TV, and...

Fujitsu and Toshiba are aiming to sell around 7.5 million handsets and grab 25% of the domestic mobile phone market in fiscal 2011 after they merge their mobile phone businesses, the Nikkei Business Daily reports. The two companies now have a combined share of less than 19%. As part of the deal, Toshiba will spin off its...

The global voluntary market for carbon credits roughly doubled in 2008, according to a report by Ecosystem Marketplace and New Carbon Finance. For the year, 123.4 million metric tons of carbon dioxide equivalent (MtCO2e) were transacted valued at $705 million USD, compared with 65 million tons of credits valued at $331 million in 2007. The report estimates U.S.-originating 2008 offset volume at 31.4 MtCO2e.

The average price for voluntary credits in 2008 was $7.34/tCO2e, an increase of 20% from $6.10 in 2007 and 79% from $4.10 in 2006, according to the report. A carbon credit, also known as an offset, is a tradable commodity representing a unit of carbon dioxide emissions reduction or avoidance. Typically, one credit/offset represents a reduction or avoidance of one metric ton of carbon dioxide or carbon dioxide equivalent (CO2e).

Renewable energy projects were the most common sources of carbon offsets, supplying more than 50% of the total volume of credits transacted in 2008. Landfill gas (methane) capture projects were the second most popular type, responsible for 16% of the market, mostly owing to activity in the United States. More than 96% of offset credits were verified to a third-party standard in 2008. The top four verification standards, responsible for 79% of the over-the-counter market, were: Voluntary Carbon Standard, Gold Standard, Climate Action Reserve, and the American Carbon Registry. Data for the report, Fortifying the Foundation: State of the Voluntary Carbon Markets ...