Last week, a commentator on REDD-Monitor asked about a company called World Carbon Marketplace. The commenter pointed out that on the company’s website, 28 people were advertising carbon credits from 58 projects supposedly worth a total of just over £2 million.
Author: Chris Lang
Harapan Rainforest Project: A letter from members of the Batin Sembilan to KfW and Germany’s International Climate Initiative
Members of the Batin Sembilan people living in the Harapan Rainforest Project in Sumatra recently sent a letter to KfW and Germany’s International Climate Initiative, requesting that they ask PT REKI, the company running Harapan, “to prioritize conflict resolution efforts” and to avoid “intimidating and insulting language and communication”.
EU carbon price collapses: Carbon trading is not the solution to climate change
The EU Emissions Trading Scheme is in crisis. Yesterday, the European Parliament voted against the backloading proposal which was aimed at increasing the price of carbon permits. After the vote, the price of carbon permits dropped by about 40% to its lowest ever price of €2.63. New Energy Finance predicts that it might fall as…
The EU Emissions Trading Scheme has failed: “Time to scrap the ETS”
“No amount of structural tinkering will get away from the fact that the EU has chosen the wrong tool to reduce emissions in Europe. It is inherently too weak to get the EU to where it needs to be in the necessary timescale,” says Hannah Mowat from FERN. “The EU can no longer wait for…
Some questions for David Martin, Managing Director of Carbon-Expert
Last week, REDD-Monitor wrote a post about a Marbella-based company called Carbon-Expert Ltd, which sells carbon credits to the public. The question, as with all such companies, is whether Carbon-Expert is another boiler room scam.