This week saw the UN Climate Action Summit in New York. The highlight was Greta Thunberg’s “How dare you?” speech. She pointed out that the remaining CO2 budget will be gone in less than nine years at today’s emissions levels. “There will not be any solutions or plans presented in line with these figures here…
Tag: Carbon Offsets
California approves the Tropical Forest Standard. Good news for the fossil fuel industry. Bad news for the climate crisis
On 19 September 2019, the California Air Resources Board voted 7-4 to approve the Tropical Forest Standard. CARB is determined to convince us that this is not an approval of REDD offsets in California’s cap-and-trade scheme. In a presentation about the Tropical Forest Standard CARB staff point out that, “Endorsement of the Standard Does Not…
Hate to say I told you so, but the New York Forest Declaration has utterly failed to stop deforestation
Launched five years ago, the New York Declaration on Forests included a commitment “to cut natural forest loss in half by 2020, and strive to end it by 2030”. But the pledges made by governments, multinational companies, NGOs, and indigenous peoples organisations have utterly failed to address deforestation.
Swedish Energy Agency delays US$1 million carbon credit payment to Green Resources
The Swedish Energy Agency has postponed a SEK 10 million payment for carbon credits from Green Resources’ plantations in Uganda, because of on-going concerns.
Cashing in on the climate crisis: Carbon Trade Exchange and Carbon Aviation 2019
Alexandre de Juniac is a worried man. He’s head of the International Air Transport Association. And it’s not just the downturn in the global economy that’s got him worried. It’s the “flight shame” movement, which started in Sweden where it’s called flygskam, which De Juniac describes as the biggest threat to the airline industry in…