The European Union must hold firm and act now to live up to its commitment to future generations by taking concrete steps to phase out free pollution permits under its Emissions Trading system, writes Laurence Lamy, head of EU Affairs at Cem’in’EU. The European Union is at a crossroads in its climate ambition. The coming …
Read more “The Carbon Border Adjustment Mechanism must replace EU carbon market freebies”
Les marchés internationaux du carbone représentent une grande opportunité de développement pour les pays africains, écrit Anyssé Kenfack Ngnintedem*. Les marchés internationaux du carbone, plus spécifiquement le régime de compensation des émissions de CO2 dans le secteur de l’aviation civile internationale (CORSIA), représentent une grande opportunité pour les pays africains. Ils permettent non seulement aux …
Read more “Amplifier la dynamique des marchés internationaux du carbone en Afrique”
China’s new carbon market replicates the problems associated with the EU’s Emissions Trading System and adds a few of its own, such as its failure to impose a cap on emissions. This casts doubts on China’s ability to meet its climate targets. Andrew Marshall explains. The world’s largest carbon market made its debut this summer. …
Read more “Will the world’s largest carbon market reduce China’s emissions?”
While major banks are making grand climate pledges, investments in fossil fuels continue to increase. Internal carbon prices coupled with the end of fossil fuel subsidies have the potential to direct investments into a clean transition to a climate-safe future. Over the last few years, as countries globally are slowly moving decarbonisation targets in the …
Read more “Will the dirty banks ever stop financing fossil fuels? “
Guest article by Kirsten Sleven, Director, WISE As the first country in the world, the Netherlands is about to introduce a carbon tax on industrial pollution. The tax is part of a broader policy package (Dutch Climate Agreement) to stimulate major industrial polluters to ‘decarbonize’ their production processes and was drawn up in consultation with …
Read more “What can we learn from the Dutch national carbon tax?”
This is a guest contribution for Watch This! by Charles Komanoff, the director and co-founder of the US based NGO Carbon Tax Centre. We take a deep dive into the US climate politics on the eve of the US presidential elections. This article was first written in July 2020. As in 2016, Democrats appear poised …
This is a guest contribution by Chandrachur Ghosh, an expert on the coal sector. Under the Paris Agreement coal phase out commitments are a necessity if we are to meet the goal of staying below 1.5C warming. In recent years the world has witnessed increased divestment from coal and several OECD countries have already committed …
Read more “Member’s insight: A case of Coal Phase-In for India”
* Update: Since COP26 was canceled, please read accordingly * Briefing by Ed King Global Strategic Communications Council (GSCC) COP26 + COVID19 – Media factsheet As the global COVID-19 pandemic continues to worsen, major sporting, cultural and political events are either being postponed or cancelled. The UN’s climate body has announced it will not hold …
Sail to the COP – COP25 from two sides of the Atlantic Ocean By Jeppe Bijker The aviation industry, for example, is a rapidly growing sector that alone is projected to emit more than the Paris Agreement carbon budget in 2050. To put travel higher on the international political agenda, four young people from the …
Acronym’s abound in the UNFCCC process, and here’s another one…O-M-G-E stands for “overall mitigation in global emissions.” Say what?! The mechanism referred to in Article 6.4(d) of the Paris Agreement: “shall aim to deliver an overall mitigation in global emissions.” Yes, it’s wonky. So, let us tryagain: This is a mandate to reflect on the hard lessons learned from the …
Read more “OMG(E)! Article 6 is Going Above and Beyond Offsetting! – ECO”
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