News & Press

Opinion
By Gilles Dufrasne on 25 Apr 2019

Shell’s salad years are over

Recently, the oil giant Shell has made headlines following its announcement that it would invest $300 million in tree planting projects and offer its clients a chance to buy forestry offsets to achieve “carbon neutral driving”. Sounds good? In reality, this approach is problematic for various reasons. Shell declared that it would invest $300 million…

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Opinion
By Gilles Dufrasne on 25 Apr 2019

Canada’s industry should support carbon pricing, not fight it

First published on Carbon Pulse on 24 April 2019 The Canadian industry associations’ claims about the negative impact of carbon pricing on jobs and competitiveness are exaggerated and lack empirical evidence. Pollution pricing incentivizes companies to innovate, which will be necessary to guarantee their competitiveness in the long-term. Six months before the Canadian federal election,…

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Opinion
By Gilles Dufrasne on 25 Jan 2019

What does the current standstill in carbon market talks mean for the future?

It’s been a month since the closing gavel fell on COP24 in Katowice, Poland. Negotiations on the rules that will govern international climate policy over the coming decades -commonly known as the “Paris rulebook” were supposed to be agreed in full during this session. However as the talks ran into overtime and countries could not…

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Opinion
By ECO - COP24 on 12 Dec 2018

OMG(E)! Article 6 is Going Above and Beyond Offsetting! – ECO

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…

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News
By Femke de Jong on 26 Sep 2018

GCAS: Effective carbon pricing can no longer be hampered by bad policy

Pricing of coal pollution for its damaging impacts on our health and the planet “is an issue of life and death” according to former Secretary of State John Kerry at the Global Climate Action Summit in San Francisco this month. Carbon Market Watch participated in the summit to present how engagement of environmental groups, as a counterweight to the lobby interests of high-emitting industries, is critical for fairer and more effective carbon pricing.

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News
By Gilles Dufrasne on 14 Sep 2018

UN market negotiations: Will we learn from the past?

The divide between countries on key elements of the new UN carbon markets have become apparent at the last UNFCCC session which closed last week in Bangkok. Open questions around the transition of old markets and how to ensure that carbon offsets do not water down climate ambition are set to continue during COP24, when major rules of the Paris Rulebook are expected to be finalised in December in Katowice, Poland.

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News
By CAN International on 6 Sep 2018

The New Article 6: We Know What We Need (ECO: UNFCCC SB48)

Market negotiations resumed at full speed in Bangkok, with new text being published after only one day of negotiations. Parties are feeling the pressure now that COP24 is looming. We’ve started the session by hearing lists of priorities for items that could not be postponed to 2019 (assuming  that not all issues could be resolved…

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Opinion
By Gilles Dufrasne on 31 Aug 2018

Withdrawn UN advert shows why carbon offset scheme should be scrapped

The United Nations (UN) climate agency released a video this week mocking lifestyle changes, such as reducing meat consumption and flying, to promote the use of highly controversial credits to offset emissions. The video “Keep calm and offset” has since been removed, but inadvertently points to the main problems with offsetting, a concept that creates the illusion…

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Opinion
By Gilles Dufrasne on 19 Jun 2018

An elephant in the room

How offsetting threatens even the most ambitious carbon pricing initiatives As leaders from three major carbon pricing jurisdictions meet in Brussels this week, it is important to take stock of how effectively pollution is priced in China, Canada, and the EU, and how it can help deliver on Paris climate goals.   The 24th UN…

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Opinion
By Gilles Dufrasne on 7 Jun 2018

It’s time for rich countries to stop wasting money on fossil fuels

For almost a decade, the world’s most powerful economies have been making promises to stop channeling public money for fossil fuels that pollute our air and drive dangerous climate change, with little impact so far. This weekend’s G7 meeting in Canada is an opportunity to move from words to action. Expect intense discussions on a…

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