American fossil fuel companies are tapping taxpayer money to invest heavily in energy-guzzling Direct Air Carbon Capture and Storage (DACCS), all to continue pumping out oil. This has serious ramifications for the climate and global efforts to decarbonise.
Storing carbon temporarily is being touted as a tool for tackling the climate crisis. But unless the CO2 is stored for over a century, this “solution” can do more harm than good, despite the co-benefits to ecosystems.
Carbon Market Watch (CMW) has delivered a strong verdict on the role of carbon removals and temporary carbon storage in the hierarchy of climate action in a pair of complementary reports released on 25 September 2023. A study of policy frameworks around the world
Companies selling in the European Union will no longer be able to claim that their products are carbon or climate neutral, the EU has provisionally agreed. This victory against greenwashing corresponds to longstanding demands from climate campaigners to eliminate the use of offsets and
An in-depth study of the main methodologies used by REDD+ forest conservation projects has exposed a series of shortcomings that allow project owners to stretch reality and create a vast quantity of carbon credits for projects that have questionable climate impacts.
Rating agencies are considered to play a valuable role in assessing the quality of credits in the voluntary carbon market (VCM), but do they? Our latest report sheds light on their performance.
As holidaymakers travel across the European continent to discover their destinations besieged by record-setting heatwaves and wildfires, the airline industry continues to promote the idea that jet setting need not cost the Earth. The new climate reality suggests otherwise.
The Integrity Council for the Voluntary Carbon Market’s latest guidelines provide a set of much-needed incremental improvements but fail to raise the quality of carbon credits sufficiently and leave too much wiggle room to truly tackle the climate crisis. The ICVCM has the opportunity
Green groups criticised the International Maritime Organisation’s failure to raise the shipping sector’s climate ambition sufficiently to ensure that this highly polluting sector navigates a course that is compatible with keeping global temperature increases within the 1.5°C limit set out in the Paris Agreement.
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