Target

Flexibilities in 2040 target risk breaking the EU carbon market – study

by Khaled Diab2050 climate strategiesPosted on Comments are Disabled

The EU’s Emissions Trading System is essential to meeting the European Union’s 2040 climate target. Watering the EU ETS down with international carbon credits or carbon removals will prove fatal, concludes a study commissioned by Carbon Market Watch. Under pressure from industry and pro-business stakeholders, the European Commission has been toying with ways to water …

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Cover of agrifood CCRM

Cream of a disappointing crop: Danone makes greatest climate progress of slow-moving agrifood corporations – report

by Khaled DiabCorporate climate responsibility, Global marketsPosted on Comments are Disabled

Despite some good initiatives, the climate strategies of top food and agriculture corporations are not cutting the mustard, according to a preview of the Corporate Climate Responsibility Monitor. Danone ranks highest among the assessed companies, while JBC and PepsiCo are bottom of the class.

EU carbon market pays polluters instead of financing clean industrial revolution, says new report

by Khaled DiabDecarbonising European industry, EU carbon marketPosted on Comments are Disabled

Heavy industries covered by the EU Emissions Trading System (ETS) received most of their pollution permits for free, effectively subsidising Europe’s dirtiest businesses, a new report by Carbon Market Watch and WWF reveals. This wasteful and inefficient policy cost society €40 billion.

EU scientific body’s call for separate binding climate targets aligns with civil society

by Khaled DiabCarbon dioxide removals, Decarbonising European industry, EU carbon marketPosted on Comments are Disabled

In its freshly published report on scaling up carbon dioxide removals in the EU, the European Scientific Advisory Board on Climate Change (ESABCC), established by the EU Climate Law, makes setting separate climate targets its number one recommendation. This aligns with what Carbon Market Watch and other stakeholders have been advocating.

Tesla Roadster in Earth orbit

Billionauts’ space tourism and Mars fantasies need to be pulled back to Earth

by Khaled DiabAviation, Corporate climate responsibilityPosted on Comments are Disabled

Space has become the final frontier for tourism. But is it responsible during a climate crisis for the super-rich to play billionauts and boldly go where no billionaire has gone before in search of a Planet B? Tech billionaire and pioneering space tourist Jared Isaacman is back and he is on a mission to boldly …

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