Site Archives carbon trading

Grumpy Climate Change Commentator: Emissions Targets - Do They Add Up?


Another weird day in Climate Change, where I just cant quite get things to add up.
LONDON, Feb 18 (Reuters) - Britain’s goal of cutting emissions of climate warming carbon dioxide by 60 percent by 2050 will be reviewed by the end of the year and may be raised, Environment Secretary Hilary Benn said on […]

Carbon Neutral Cities - Where Will The $$ Come From?


The United Arab Emirates’ plan to build a completely carbon free city. Thirty kilometres from capital Abu Dhabi, Masdar (Arabic for ‘source’) will be home to approximately 40,000 people and accommodate a further 60’000 commuters within its 1,500 planned business premises.
Covering six square kilometres and making extensive use of public transport, solar energy and low […]

Is The New EU Climate Plan a Heroic Attempt at Leadership? Or Economic Suicide?


Yesterday the European Union announced a new energy emissions plan in its latest bid to fight climate change. As usual, nobody is happy, with businesses warning of higher prices and environmental groups claiming that the measures fall short of the actions needed.
In typical EU style, the plan aims to please everybody and is a […]

EU Admits Biofuels Mistake, Will Same Mistakes be Made With Carbon Trading?


The EU has at long last admitted that it’s policies on biofuels were a “mistake” and is implementing a policy review to redress the issue. Environment minister of the European Commission Stavros Dimas admitted that certain environmental and social problems associated with biofuels had not been foreseen.
Our view is that the impacts of many green […]

Rainforests wanted dead, or alive – Finally a good use for carbon offsets?


 
The good news is that deforestation in the Amazon rainforest fell by 20% between August 2006 and July 2007.
But hold the champagne…

Recent satellite images suggest deforestation is starting to rise again. The fall in deforestation has primarily been due to a drop on market prices for products such as soya and meat, and not due […]