Surprise – According to The Guardian, airline carbon credit “projects had routinely overstated their emissions reductions”.
Category: Carbon credits
The Strategist: Navies Must Go Zero Carbon
Don’t mention the “N” word; The Strategist thinks the New Zealand Navy receiving money from the Treasury, then paying that money back to the Treasury to purchase carbon credits is…
Outdated carbon credits from old wind and solar farms are threatening climate change efforts
Mark Maslin, UCL and Simon Lewis, UCL French global energy giant Total recently announced it had delivered its first shipment of “carbon neutral liquid natural gas”. Natural gas is, of…
Carbon Credits: Irish Farmers Being Paid to Destroy Their Fields
Centuries of efforts to drain swamps to extend arable land in Ireland are being reversed, in an effort to trap more carbon.
Cuba Shows a Sudden Interest in Carbon Trading
Cuba’s dictatorship has developed a sudden interest in converting the poverty the Cuban people into hard currency carbon credit payments.
EU, UK & Australia Funding Orwellian Personal Carbon Rationing Trials
Guest essay by Eric Worrall The EU, UK and Australia are funding experiments in “flexible” carbon rationing, in which people receive a set weekly carbon allowance, with a mobile app…
Regional Greenhouse Gas Initiative – Successful Model?
Guest post by Roger Caiazza The Regional Greenhouse Gas Initiative (RGGI) is ten years old and has been touted as a successful example of a “cap and invest” pollution control…
Angela Merkel Reflects Fear and Loathing Amid EU Elites…
Interesting Analysis at The Conservative Treehouse. I’m posting only a small portion. German Chancellor Angela Merkel delivered some rather strongly worded remarks in advance of the upcoming G20 summit in…
Carbon Traders Whine Permits are Too Cheap to Make a Profit
Guest essay by Eric Worrall h/t JoNova – carbon traders are complaining that over-issuing of carbon permits, a lack of political will to make carbon trading work, has destroyed investor…
Stockholm Environment Institute: Carbon credits undercut climate change action
Guest essay by Eric Worrall A report by the Stockholm environment institute claims that a UN carbon credit scheme “significantly undermined” efforts to tackle global warming. According to the BBC;…
The Pope puts the kibosh on carbon credit trading, calling it a 'ploy'
Maurizio Morabito originally observed that the Pope’s climate encyclical was a “damp squib”. For the most part it is harmless, but it does confront carbon credits and a “ploy”, albeit Pope…
California Moves to Revoke Carbon Credits After Inquiry
California, operator of the nation’s biggest carbon market, plans to revoke offset credits issued to EOS Climate Inc. and Environmental Credit Corp. for ozone-depleting substances destroyed at a plant in…
$260 / ton for carbon – the price of salvation
Lord Stern: Models ‘grossly underestimate’ costs of global warming Submitted by Eric Worrall Lord Stern, the British Academic who prepared the “Stern Review” on global warming for Prime Minister Tony…
King Canuccitelli plans to tax carbon right out of the air
Many readers know the story of the Viking turned King who was said to be able to hold back the sea, only to realize that he had no such power.…
Lords a leapin
Guest post by Mike Jonas From the UK’s BBC comes this news item: Trillion-euro shortfall facing EU energy sector – Lords Committee Under the obligatory photo of chimneys spewing steam,…
EU Carbon price continues to fall amid reports of distant EU prop-up and $9 million carbon credit scam
The news from Reuters Point Carbon today is not good: Germany unlikely to form CO2 backloading position before Sept: Ireland 22 Apr 2013 11:22 Last updated: 22 Apr 2013 13:03…
Lawsuit challenges California cap and trade program – "…only way to capture CARB's attention."
While the EU carbon trading market began its death spiral this week, much like the Chicago Climate Exchange (CCX) where it ended up at a nickel per ton when the…
Watching the death of the EU Carbon Market
From the GWPF: Europe’s New Anti-Green Majority Scores Huge Victory EU Parliament Refuses To Save Its Dying Carbon Market The European Union’s climate change policy is on the brink of…
Obama By-Passes Gas
Guest Post by Willis Eschenbach President Obama continues his Global War on Cheap Energy™, this time under the guise of avoiding “spikes” in gasoline (petrol) prices. He wants to pass…
EU Carbon Trading 'death spiral' continues
UPDATE: it’s worse than we thought, see below. Carbon has closed below $4 a ton in a new record low while Deutsche Bank bails From Reuters: Deutsche Bank quits carbon…
EU carbon sinks to new record low – loses nearly 40% of value in January
From the told ya so department, after a small dead cat bounce yesterday due to an auction, traders are unloading today. Yesterday’s closing price was 5.02, today it is 4.64.…
Oh that's gonna leave a mark – EU carbon trading 'worthless'
From the I’ve been telling you so for some time now department comes this headline from Bloomberg. And it is getting desperate in the carbon market. Readers may recall last…
End times for carbon trading
Readers may recall this story this past week at WUWT: European Carbon Trading Hits Another Record Low. It was a short lived record, beaten again the very next day. Today,…
