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Archive for the ‘carbon trading’ Category

A great docummentary on REDD by Global Forest Coalition and Global Justice Ecology Project.

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Since the last climate summit, several reports on carbon trading and REDD have been issued. Here is a list of what I found: The international human rights organisation the Forest Peoples Programme teamed with several Peruvian indigenous people’s organizations to issue a report on the reality of REDD in Peru (link). The report exposes how [...]

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Since the European Union’s Emissions Trading System was launched, in 2005, it has been a privileged background for financial crime of all sorts. Now, the EU is changing the rules of its carbon market to close some loopholes. But a new report by Carbon Trade Watch and Corporate Europe Observatory (PDF) shows how corporate lobbying has [...]

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Meet the forest guard in Cameroon. That’s right, not a forest guard but the forest guard. This guy is responsible for policing hundreds of thousands of hectares of forest and several well-financed European logging companies, yet he has no vehicle, no radio, and his shoes are several sizes too small. This is one of the [...]

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In the third phase of the European Union Emissions Trading System (EU ETS), free allowances will be given away to some Eastern European countries, with the pretext of subsidizing their transition to clean energy. But what will happen, of course, is that free allowances will be given to major polluters, so that they can essentially [...]

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CDM fraud exposed by Wikileaks

A cable from the US embassy in Mumbai released by Wikileaks shows how Indian industrialists have been gaming the carbon market to get carbon credits (Wikileaks). The climate consultant Payal Parekh has a very detailed analysis of the cable in his blog (link) and International Rivers also provides additional information (link). The cable is so [...]

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REDD could do more harm than good

Unless power over REDD projects is in the hands of local people, these projects to reward forest conservation with carbon credits will fail to deliver benefits to them, a new report by the International Institute for the Environment and Development warns (link). The report was based on the work from the Forest Governance Learning Group [...]

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We are and have always been poor indigenous people and yet we do not need the money from any government or company to preserve the environment because we understand that it is the responsibility of all who live on this planet to care for it and protect it. Despite the promises of easy money, this [...]

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Clean Development? Not really

Meet Chemplast Sanmar, a chemicals manufacturer from Mettur, in southern India. The company has an appalling environmental record, having polluted heavily the surrounding air and water for decades. Villagers complain of breathing problems, rashes and stillbirths, as well as damages to their agricultural crops. While Chemplast assures its compliance with strict environmental standards, the truth [...]

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This is how Friends of the Earth Australia categorizes the Carbon Price Mechanism devised by the new Labor-Greens government (link). Under the mechanism, polluters will pay a tax on their greenhouse gas emissions to prepare them for a carbon trading scheme which will be implemented in a few years. The tax, however, is offset by [...]

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