By Chris Lang A REDD-Monitor reader, let’s call him Andrew, recently wrote asking for advice: I was contacted by a company called Chloride Eastern Ltd yesterday saying they could sell my VERs by re-formatting them to European Emissions at a cost of £1 per unit and this would then sell for about £21.93 per unit….
Copenhagen is using biomass from monoculture plantations in Brazil to become “carbon neutral”: Yet another false solution to the climate crisis
By Chris Lang Copenhagen plans to be the world’s first carbon neutral capital city by 2025. One of the city’s targets is to produce electricity from wind and “sustainable biomass”. Two weeks ago the ship IDC Pearl arrived at the Amager BIO4 power plant in Copenhagen carrying more than 32,000 tons of wood chips from…
The Swedish Energy Agency has stopped buying carbon credits from Green Resources’ destructive plantations in Uganda
By Chris Lang The Swedish Energy Agency has cancelled its contract to buy carbon credits from Green Resources. The Swedish Energy Agency has finally recognised the impacts that Green Resources’ industrial tree plantations have on local communities in Kachung in Uganda.
The Green Climate Fund must reject Arbaro’s industrial tree plantations
By Chris Lang At its 25th board meeting from 10-12 March 2020, the Green Climate Fund is due to decide whether to provide US$25 million to the Arbaro Fund. The money, together with a further US$175 million co-financing largely from other public sources, would be used to establish 75,000 hectares of commercial tree plantations in…
Tropical forests are losing their ability to store carbon. “What more of a wake-up call do we need?”
By Chris Lang According to research published in Nature, one of the most worrying impacts of the climate crisis has already started. Tropical forests are losing their ability to absorb carbon. The research found that the Amazon could stop being a carbon sink as soon as 2035.