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…
Tag: Carbon Offsets
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…
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?”
Carbon-Expert: Another boiler room scam?
Carbon-Expert is another company selling carbon credits as an investment. As with other companies selling carbon credits, the question is whether this is another boiler room scam. Carbon-Expert’s website certainly includes potentially misleading information.
“Is REDD going ahead or not?” Indigenous leaders complain about the lack of information about the Ulu Masen project
The NGO Yayasan Rumpum Bambu works with villages inside and near to the Ulu Masen project area. We met Pak Sanusi, the head of YRB in the organisation’s office in Banda Aceh.