Archive for the 'carbon offsetting' Category



All the news reports this morning are that a deal at Copenhagen is dead. Barack Obama has said that we had run out of time to secure a deal in December.
This will please the corporate lobbyists no end.  The longer they can delay action on climate the better.
But now Copenhagen’s iconic mermaid is striking back. [...]

As bold PR moves go – and this is bold – amongst the politicians making promises today at the UN Climate Summit, the CEO of British Airways, Willie Walsh will make a dramatic pledge to cut global aviation emissions to 50 per cent of 2005 levels by 2050.
Like a snake oil salesman bearing gifts with [...]

After twelve years in power the British Labour government yesterday outlined what it has deemed a “low carbon transition plan”.
Coopting language from the growing Transition Town movement is a crafty tactic by the British government that is promising to reduce greenhouse gas emissions by 34% by 2020 with 80% cut by 2050.
Let’s get the positives [...]

As the pressure for an international deal grows in Copenhagen, one of the corner-stones of any solution will be carbon offsetting, where rich, polluting countries supposedly offset their rising emissions by investing in  “clean” projects in developing countries.
Off-setting will be high on the agenda at the next round of climate talks in Bonn this week, [...]

The fast-growing market in carbon dioxide emissions poses risks that could threaten other commodities markets, the British Financial Services Authority has warned.
The watchdog said problems including investors being sold unsuitable products, confusion over the regulation of emissions traders, and insufficient official data created risks to both the fledgling global emissions markets and to related commodities [...]