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.
Skoll World Forum debate: “How do we feed the world and still address the drivers of deforestation?”
This week the 10th Skoll World Forum takes place at the Saïd Business School in Oxford. One of the topics for debate is “How do we feed the world and still address the drivers of deforestation?”
Can REDD save the thorn forests of the Paraguayan Chaco?
The Paraguayan Chaco covers an area about the size of Poland. Thorn forests provide habitat to a wide range of species, including jaguar, ocelot, puma, tapir and giant armadillo. It is home to indigenous peoples, such as the Ayoreo, some of whom are uncontacted, the last uncontacted indigenous tribe south of the Amazon.