By Chris Lang The Paris Agreement aims for a target of “Holding the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels, recognizing that this would significantly reduce the risks and impacts of climate change.” It’s time to…
Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”
By Chris Lang Three weeks ago, Blackmore Bond’s mini-bond investment scheme collapsed into administration. The Financial Conduct Authority was warned three years ago about one of the boiler room operations that was cold calling pensioners to persuade them to invest in Blackmore Bond. But the FCA took no action.
REDD in the news: 4-10 May 2020
REDD-Monitor’s round-up of the week’s news on forests, the climate crisis, REDD, and natural climate solutions. For regular updates, follow @reddmonitor on Twitter.
Regulatory failure: The strange case of a French company called Carbon Market
By Chris Lang Carbon Market is a timber company, registered in France in May 2009. The company imports timber from Bolivia, Brazil, Peru, Cameroon, the Democratic Republic of Congo, and Gabon.
Coronavirus notes #5: FSC Australia’s shameful role in promoting logging as an “essential service”
By Chris Lang Australia suffered devastating fires between September 2019 and February 2020. About 7.4 million hectares of forest was burned, mainly in New South Wales and Victoria. The fires released 830 million tonnes of carbon dioxide – significantly more than the 530 million tonnes of CO2 that the country emits each year.