carbon markets
While the price of carbon dioxide needs to be around $100 a tonne to make a clean-energy economy and a safe climate viable, the nascent carbon market is instead backsliding in price and devolving in multiple ways. In France, for example, carbon pricing has appeared to become more of a
carbon markets
Carbon offset schemes not only haven’t helped reduce carbon dioxide emissions to any degree, they might actually be encouraging companies to keep polluting and worsening the future climate situation. That’s the warning from Steffen Böhm and Siddhartha Dabhi, two researchers from the University of Essex who have compiled
carbon markets
Expanding the global market for carbon permits and credits — essentially trading or selling the right to emit carbon dioxide — could set off a second “sub-prime”-style financial collapse while doing nothing to prevent dangerous climate change, according to a new report from Friends of the Earth. “Pushing a world carbon
carbon markets
The voluntary carbon markets doubled in both transaction volume and value in 2008, according to Ecosystem Marketplace and New Carbon Finance’s report, “Fortifying the Foundation: State of the Voluntary Carbon Markets 2009.” Released this week, the report finds that voluntary carbon market transactions totalled about 123 million tonnes of
