The United Nations is currently developing a new carbon market that would allow countries to trade reductions in emissions. However, experts have expressed their concern that this market could do more harm than good. The market is expected to be finalized at COP28 and is based on the idea that countries can pay for climate projects in other countries and then claim the credits towards their own emission reduction goals. #CarbonMarket #COP28 #ClimateJustice

https://grist.org/article/as-the-un-designs-a-new-carbon-market-experts-call-for-a-different-approach/?utm_source=flipboard&utm_content=HariTulsidas%2Fmagazine%2FArchetypes

How carbon pricing affects Europe’s decarbonisation https://www.euractiv.com/section/emissions-trading-scheme/opinion/how-carbon-pricing-affects-europes-decarbonisation/?utm_source=dlvr.it&utm_medium=mastodon #carbonmarket #CarbonMarkets #decarbonisation

EU members approve carbon market scheme, other climate laws

https://www.dw.com/en/eu-members-approve-carbon-market-scheme-other-climate-laws/a-65427299?maca=en-dipa_news_mstdn-34613-xml-mrss

#EU #carbonmarket #climatechange #carbonemissions #Fitfor55 #EuropeanCouncil

The European Parliament adopted sweeping climate measures today aimed at massively cutting EU greenhouse emissions, including a carbon border tax on imports.

It crystallises an ambitious plan to reform Europe's carbon market by broadening emissions trading to more industries and lowering quotas of allowable polluting gases.

Ursula von der Leyen urged EU member states to give final approval to the laws.

https://www.france24.com/en/europe/20230418-vast-carbon-market-reform-adopted-by-eu-lawmakers

#EU #EP #EuropeanParliament #CarbonMarket #CarbonEmissions

EU ETS extension could have devastating impact on low-income households https://www.euractiv.com/section/emissions-trading-scheme/opinion/eu-ets-extension-could-have-devastating-impact-on-low-income-households/?utm_source=dlvr.it&utm_medium=mastodon #carbonmarket #emissiontradingsystem #EUEmissionTradingSystem

EU ETS extension could have devastating impact on low-income households https://www.euractiv.com/section/emissions-trading-scheme/opinion/eu-ets-extension-could-have-devastating-impact-on-low-income-households/?utm_source=dlvr.it&utm_medium=mastodon #carbonmarket #emissiontradingsystem #EUEmissionTradingSystem

RT @climate_cake: 🎯Tomorrow @RJeszke, CEO of @CLIMATE_CAKE would take part at @IETA #ECS2023 in the discussion on the #EUETS by 2030 & Beyond.

📅29 March, ⏰9.15 Lisbon time

✅Agenda: https://www.ieta.org/resources/Conferences_Events/2023/ECS%202023/ESC_2023_Event_Guide_v3.pdf
✅Reg.: https://reg.eventmobi.com/ECS2023

#KOBiZE #IOSPIB #LIFEVIIEW2050 #Fitfor55 #carbonmarket

🐦🔗: https://n.respublicae.eu/peterliese/status/1640645494476009477

🤯⬇️
---
RT @EveTamme
The map of the “New” Voluntary #CarbonMarket by @PuroCO2Removal.

One market
22 verticals
311 companies

Shown in the value chain from buy-side to sales-side to supply-side.

1/2
https://twitter.com/EveTamme/status/1628304176286400513

Carbon credits: Useful explainer setting out how the fed govt’s new Safeguard Credits (SCs) differ from the existing Australian Carbon Credit Units (ACCUs).

Whether SCs actually reduce greenhouse gas emissions is yet to be seen but the fact that the emissions reduction projects they relate to will be local rather than overseas should make their legitimacy easier to monitor

#auspol #climate #emissions #carbonmarket

https://thenewdaily.com.au/finance/2023/01/30/emissions-labor-carbon-tax-kohler/

Must watch❗ : #environmentaljournalism #documentary by #MartinBoudot on Cyrille Astruc, the "#carbon prince", who heisted & tanked the world's first #carbonmarket, siphoning off €bns of taxpayer money. The only thing this doc is missing is explaining the new heist of #VoluntaryCarbonMarkets aka #VCM profiting 💩 #offsets schemes, 🤡 #blockchain startups, 🦄 #carbonremoval companies, all siphoning off $$bn on #climate public money while discouraging #emissionreduction.

https://www.france.tv/france-5/planet-killers/planet-killers-saison-1/4489474-le-prince-du-carbone.html

The European Union wants to become the world’s first climate neutral continent by 2050. And to achieve this goal, it aims to emit 55% less CO2 by 2030 compared to 1990.

At the core of the plan is a carbon market known as the Emissions Trading System (ETS). It caps how much companies can emit and allows them to trade these emission rights.

Now the EU Parliament has struck a deal to reform this system.

https://www.dw.com/en/eu-reforms-emissions-trading-system-what-you-need-to-know/a-64236135

#EU #ClimateNeutral #CarbonMarket #ETS #Emissions

"The #CarbonMarket will be progressively extended to the maritime sector, intra-European flights, and waste incineration sites depending on a favourable report by the commission.

The agreement also aims to make households pay for #emissions linked to fuel and gas heating from 2027, but the price will be capped until 2030."

https://www.aljazeera.com/news/2022/12/18/eu-reaches-agreement-on-pivotal-carbon-market-deal

"The #CarbonMarket will be progressively extended to the maritime sector, intra-European flights, and waste incineration sites depending on a favourable report by the commission.

The agreement also aims to make households pay for #emissions linked to fuel and gas heating from 2027, but the price will be capped until 2030."

https://www.aljazeera.com/news/2022/12/18/eu-reaches-agreement-on-pivotal-carbon-market-deal

EU reaches deal on critical climate policy after marathon talks

The agreement is crucial to the bloc meeting its target of cutting CO2 emissions by 55 percent by the end of the decade.

https://www.politico.eu/article/climate-policy-deal-emissions-trading-system-european-union/

#News #Europe #EU #EuropeanUnion #GreenDeal #CarbonMarket #ClimateChange

Europe Reaches Deal to Bolster Carbon Market in Green Deal Push

The European Union reached an agreement to strengthen and expand its flagship carbon market, endorsing the centerpiece of the Green Deal strategy that aims to make its economy climate-neutral by mid-century.

https://www.bnnbloomberg.ca/europe-reaches-deal-to-bolster-carbon-market-in-green-deal-push-1.1860649

#News #Europe #EU #EuropeanUnion #GreenDeal #CarbonMarket #ClimateChange

EU member states and parliamentarians on Sunday announced an agreement for a major reform to the bloc's carbon market, the central plank of its ambitions to reduce emissions and invest in climate-friendly technologies.

The deal aims to accelerate emissions cuts, phase out free allowances to industries and targets fuel emissions from the building and road transport sectors.

https://www.france24.com/en/europe/20221218-eu-strikes-key-deal-on-carbon-trading-to-slash-emissions-by-2030

#EU #Emissions #CarbonMarket #CarbonTrading #ETS

EU strikes key agreement to overhaul carbon market

https://www.dw.com/en/eu-strikes-key-agreement-to-overhaul-carbon-market/a-64138297?maca=en-dipa_news_mstdn-34613-xml-mrss

#CO2 #EU #carbonmarket #globalwarming #climatechange

This is the way the world ends...

I went hunting for a book critiquing carbon markets in Australia. The main thing google shows is a sponsored link to a company selling carbon credits for Native vegetation removal.

#climateCrisis #carbonMarket #environment #deforestation #google #advertising

This is the way the world ends...

I went hunting for a book critiquing carbon markets in Australia. The main thing google shows is a sponsored link to a company selling carbon credits for Native vegetation removal.

#climateCrisis #carbonMarket #environment #deforestation #google #advertising

Algae related technologies that could be used to sequester carbon, if only we had a cap and trade market:

Algael Turf Scraping
Seaweed Farming
Vertical Algae Farms
Passive CO2 Sponges
Raceway Algae Farms

#algae #sequestration #ClimateChange #GlobalWarming #CO2 #GHGs #CarbonDioxide #CarbonMarket #CapAndTrade