By Chris Lang “Credit cards that help the planet.” That’s the sales pitch from a company called Sustain:Green. With the company’s new biodegradable credit card you can “Fight climate change”, “Fund rainforest preservation”, and “Reduce your carbon footprint”.
Category: Brazil
The Rio de Janeiro Green Exchange (BVRio): Trading away Brazil’s forests
Founded in October 2011, the Rio de Janeiro Green Exchange (Bolsa Verde do Rio de Janeiro, BVRio) is a market for trading “environmental assets”, including carbon credits, forest credits, industrial effluent credits, tire disposal credits, and recycling credits.
Genetically engineered eucalyptus trees approved in Brazil. How long before we see GE tree monocultures in REDD?
On 9 April 2015, the Brazilian Technical Commission on Biosafety (CTNBio) approved the commercial use of genetically engineered eucalyptus trees. This is the first approval of GE trees in Latin America. The application came from FuturaGene, a subsidiary of pulp and paper company, Suzano.
Financial Conduct Authority wins appeal case against Capital Alternatives
The Court of Appeal has upheld a February 2014 High Court ruling in which the Financial Conduct Authority won their case against Capital Alternatives and other firms. The FCA accused the firms of “promoting and/or operating collective investment schemes (CISs) in the UK illegally and without our authorisation”.
The Amazon is losing its capacity to absorb carbon. Or, why we can’t rely on forests to solve climate change
By Chris Lang A paper published this week in Nature concludes that the Amazon is losing its capacity to absorb carbon. In the past decade, the carbon absorbed by the Amazon each year has decreased by about one-third.