Oil giants Eni and Shell have both recently announced plans to use trees to offset some of their ever increasing carbon emissions. Yesterday, NGOs put out a statement opposing the oil industry’s attempts to avoid its responsibility for climate breakdown. The statement is signed by six organisations (Friends of the Earth Mozambique and South Africa;…
Tag: Friends of the Earth
Californian REDD in Acre and Chiapas: Legalising mechanisms of dispossession
The state of California is keen to include REDD credits in its cap-and-trade programme. California’s governor Jerry Brown worked closely with the oil industry on California’s climate policy, and is pushing for REDD to be allowed to “offset” ongoing pollution in California.
Environmental racism and cap-and-trade in California
In July 2017, California voted to extend its cap-and-trade scheme until 2030. Some environmental groups and the oil and gas industry support the legislation. Environmental justice groups oppose it. This post summarises some of the responses to the continuation of cap-and-trade in California.
How California’s cap and trade market undermines environmental justice
Last week, Senator Bob Wieckowski (D-Fremont) and Senate President pro Tempore Kevin de León (D-Los Angeles) gave a press conference about a new bill, SB 775, aimed at changing California’s cap-and-trade scheme. The proposed bill would start a new cap-and-trade scheme in 2021 that would include no offsets, no free pollution allowances, and a per-capita…
The Financiali$ation of Nature
“Financialisation means the increasing role of financial motives, financial markets, financial actors and financial institutions in the operation of the domestic and international economies.”