Green Resources: Investigative reports by the Oakland Institute and Swedish TV led to the Swedish Energy Agency freezing carbon credit purchases until Green Resources meets a series of demands.
Category: Norway
Norway pays Brazil US$1 billion. But what for, exactly?
In 2008, Norway agreed to pay US$1 billion to Brazil’s Amazon Fund, if Brazil reduced deforestation in the Amazon. Norway has so far handed over US$900 million and will pay the final US$100 million before the end of this year.
Guyana Finance Minister’s budget speech: “As currently configured, it would not only be irresponsible, but a downright criminal act of deception, were we to proceed with the Amaila Falls”
On Monday, Guyana’s Finance Minister, Winston Jordan, presented the state budget in Parliament. In his speech, he slammed the proposed Amaila Falls hydropower dam, the flagship project of Guyana’s Low Carbon Development Strategy.
“Bai Shan Lin has most certainly contravened laws, regulations and approved policies of Guyana”
In August 2014, after a series of articles in the Guyanese media about Chinese company Bai Shan Lin’s logging operations, a Guyanese PhD student wrote to the Norwegian government with a simple question: Is the Low Carbon Development Strategy just a sham?
Jens Frølich Holte, political adviser to Norway’s Minister for Climate and Environment, explains why he supports using markets and pricing carbon
In March 2015, Bloomberg quoted Jens Frølich Holte, political adviser to Norway’s Minister for Climate and Environment, as saying that, “Carbon trading can speed up the global transition away from a fossil economy. Trade creates benefits and this is as true for carbon as it is for other commodities.”