User: newstrust Topic: Global Warming
Category: Solutions :: Emissions Trading
Last updated: Apr 19 2015 22:34 IST RSS 2.0
 
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Will BRICS Carbon Traders Bailout Bankers' Climate Strategy? 19.4.2015 Truthout.com
The hope for our collective survival in the face of a likely climate catastrophe has been vested in a combination of multilateral emissions rearrangements and national regulation. But the premise behind the core strategy must be debated. Pirapora, Brazil. (Photo: guilherme/Flickr ) Truthout can only survive through reader support. Click here to make a tax-deductible donation and help publish journalism with real integrity and independence! The hope for our collective survival in the face of a likely climate catastrophe has been vested in a combination of multilateral emissions rearrangements and national regulation. But the premise behind the core strategy—the 1997 Kyoto Protocol—must be debated. Assuming a degree of state subsidization and increasingly stringent caps on greenhouse gas (GHG) emissions, Kyoto posited that market-centric strategies such as emissions trading schemes and offsets can allocate costs and benefits appropriately so as to shift the burden of mitigation and carbon sequestration ...
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Big business using trade groups to lobby against EU climate policy 15.4.2015 The Guardian -- World Latest

Major multinational companies with strong sustainability policies are, at the same time, members of trade associations lobbying against climate policy

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Ontario to join California carbon market to fight global warming 14.4.2015 SFGate: Business & Technology
Ontario to join California carbon market to fight global warming Ontario plans to join California’s cap-and-trade market for reining in greenhouse gases and fighting climate change, the Canadian province’s premier, Kathleen Wynne, said Monday. Cap and trade puts a price on the greenhouse gas emissions that the vast majority of climate scientists agree are raising temperatures worldwide. Companies in participating states and provinces must buy permits, called allowances, to pump carbon dioxide and other heat-trapping gases into the air. Companies that make deep cuts in their emissions can sell spare allowances to other businesses. “This is a bold move from the province of Ontario — and the challenge we face demands further action from other states and provinces around the world,” Brown said. While Quebec and now Ontario have pursued cap and trade, British Columbia chose another route to pricing greenhouse gas emissions.
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‘Green’ dam linked to killings of six indigenous people in Guatemala 26.3.2015 Guardian: Environment

Indigenous people are being ‘terrorised’ after protests against a mega-dam backed by European development banks, whose carbon allowances will be tradable on the EU’s emissions trading system

A planned mega-dam in Guatemala, whose carbon credits will be tradable under the EU’s emissions trading system, has been linked to grave human rights abuses, including the killing of six indigenous people, two of them children.

Several European development banks and the World Bank’s International Finance Corporation (IFC) have provided funds for the $250m (£170m) Santa Rita dam.

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Gas Should Cost $6.27 A Gallon To Account For Health And Environmental Impacts, Study Finds 6.3.2015 Think Progres

Accounting for the social costs of burning gasoline would add an average of $3.80 per gallon to the pump price, a study has found.

The post Gas Should Cost $6.27 A Gallon To Account For Health And Environmental Impacts, Study Finds appeared first on ThinkProgress.

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REDD and Neocolonialism in the Land of the Pataxo Warriors 22.2.2015 Truthout - All Articles
It’s 5 o’clock in the morning, southern cone time, on Oct. 13, 2014. The Pataxo indigenous people of the far southern region of the state of Bahía, in the northeast of Brazil, form three barricades across the BR101 Highway in the region of Monte Pascoal, in the city of Itamaraju, one of the main roads connecting the northern and southern parts of the country. They have blocked the highway that runs along the edge of their territory with branches, sticks, and old tires,  stopping hundreds of trucks transporting merchandise from transnational corporations. It doesn’t take police long to arrive. The indigenous people are aware of the possibility of repression. Some have painted their bodies with a mixture of colors– yellow, red, black–colors that their grandfathers used to announce war. Others contrast in white, the sign of peace. Indelible colors on the skin of these people, survivors of an unjust war that has lasted for over five centuries. The atmosphere grew tense as Federal Police came in, although ...
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Here's How Countries All Over the World Are Making Polluters Pay 13.2.2015 Mother Jones
Solving climate change is essentially an economic problem: How do you force companies and consumers to pay for the damage caused by the fossil fuels they consume? Let me explain: Without a price on carbon emissions, big polluters don't pay for the greenhouse gases that they release into the atmosphere. The real cost of that pollution is borne by the planet in the form of global warming. So one of the most common strategies for reducing emissions is "cap-and-trade": Polluters purchase or bid on a limited number of permits, which allow them to emit a certain amount of CO2. A regulated market is then created in which permits can be bought and sold. The cost of the permits—in other words, the carbon price—creates an incentive to reduce carbon pollution. A new report out this week from the Berlin-based International Carbon Action Partnership shows that in the decade since the first major carbon trading program was adopted by the European Union, cap-and-trade systems have enjoyed remarkable popularity around ...
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Save the trees: New campaign against deforestation launched 10.2.2015 AP Business
STOCKHOLM (AP) -- Since the money raised by governments and corporations hasn't managed to halt the destruction of the world's rainforests - an area the size of Alabama or Greece is lost every year - a new U.S. campaign is now inviting individuals to chip in....
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One of the World's Worst Climate Villains Could Soon Be Booted From Office 5.2.2015 Mother Jones
Australian Prime Minister Tony Abbott is terrible on climate change. He has gutted his country's historic cap-and-trade carbon pricing system, has called climate science "crap," and has spoken out against strong international action to fight global warming. He praises coal as "good for humanity. " But there might soon be good news for critics of Abbott's climate policies: It looks like Australia's skeptic-in-chief could be coming to the end of the road as prime minister. Members of his party are plotting to dump him, and while it's still far from certain if the current leadership crisis will ultimately result in his downfall, one thing is clear: The climate would find a much better friend among his potential replacements. Here's a little Westminster System 101: Even though Australia's leaders run colorful, personality-driven campaigns similar to US presidential contests, prime ministers aren't actually elected by the people: Their fates are decided by a vote within the governing coalition. Abbott, a ...
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China To Launch National Carbon Market In 2016 For 6 Major Sectors 4.2.2015 Think Progres

On Wednesday, a Chinese government official said that China plans to launch the first stages of a national carbon market next year.

The post China To Launch National Carbon Market In 2016 For 6 Major Sectors appeared first on ThinkProgress.

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Australia Burns While Murdoch Puppet Tony Abbott Fiddles 6.1.2015 Crooks Liars
When Tony "Coal Is Good For Humanity" Abbott, Rupert Murdoch's pal, was elected prime minister in 2013, one of the first things he did was repeal the emissions trading regulations put in place by the previous Turnbull administration. Coal is the largest industry in Australia, and the heavy use of the fuel is why Australia is the canary in the coal mine of global warming. Abbott's administration has continued the time-honored conservative tradition of doubling down on the very worst policies. Via VICE News: Wildfires in South Australia ripped across 20,000 hectares of land, destroying several homes on Sunday. After yet another summer of catastrophic burning, Australians are debating whether the fires are the result of climate change, and whether enough is being done to stop them. The blazes had destroyed at least 26 homes as of Monday afternoon, but the full extent of damage may not be known for several more days. Large areas remain inaccessible, and authorities are focused on fighting the fires that ...
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Addressing Climate Change Requires Real Solutions, Not Blind Faith in the Magic of Markets 11.12.2014 Truthout.com
Brisbane, Australia - Norwegians know something of life in a climate change world. Migratory birds arrive earlier in spring, trees come into leaf before previously expected, and palsa mires (wetlands) are being lost as permafrost thaws. Norwegians are currently waiting while geologists try to predict if, and when,  Mount Mannen  might collapse, destroying homes in its path, after torrential rain in the region. According to the Intergovernmental Panel on Climate Change (IPCC), this will be just the beginning for Norway – and the rest of the world – unless urgent and immediate action is taken to substantially reduce greenhouse gas emissions. While reducing our dependence on the dirty fossil fuel industries is widely lauded as representing the fastest and most effective strategy to reduce our global emissions, much of the world’s attention – including that of many governments and industry – has been captured by the promise of carbon trade markets. There are hopes that pricing and selling carbon just might ...
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Brazilian Indigenous Leader: Carbon Trading Scheme "REDD" a False Solution to Climate Change 11.12.2014 Truthout.com
The controversial carbon trading scheme known as REDD, or Reducing Emissions from Deforestation and Forest Degradation, has set off protests not only in Africa, but also in South America, especially in the Amazon region. We speak to Chief Ninawa Huni Kui, president of the Federation of the Huni Kui, an indigenous group in Brazil. He has traveled to the U.N. climate summit in Lima to voice his opposition to REDD. TRANSCRIPT: AMY GOODMAN: We turn right now to the controversial carbon trading that [Nnimmo Bassey] was talking about, known as REDD—again, Reducing Emissions from Deforestation and Forest Degradation, R-E-D-D, which has set off protests not only in Africa, but also in South America, especially in the Amazon. Earlier this week, I interviewed Chief Ninawa Huni Kui, president of the Federation of the Huni Kui, an indigenous group in Brazil. He traveled to Lima to voice his opposition to REDD. NINAWA HUNI KUI: [translated] My name is Ninawa, and I am the president of the Federation of the Huni Kui ...
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From South America to Africa, "Capitalist" Solutions to Climate Change Seen as Path to Catastrophe 11.12.2014 Truthout.com
We are broadcasting from the United Nations climate summit in Lima, Peru, where high-level talks have just gotten under way. On Tuesday, Bolivian President Evo Morales called on delegates to include the wisdom of indigenous people in the global agreement to address climate change and criticized the summit for failing to address capitalism as the root of the crisis. We discuss the state of the climate talks with Nnimmo Bassey, a Nigerian environmental activist, director of Health of Mother Earth Foundation, and author of To Cook a Continent: Destructive Extraction and the Climate Crisis in Africa. Bassey says the carbon trading included in the draft agreement could increase deforestation, displace farmers and contribute to the food crisis in Africa. TRANSCRIPT: AMY GOODMAN: Peruvian musicians who performed yesterday at the opening ceremony of the U.N. climate summit. They were just practicing in the walkways here in Pentagonito. That is the site, the very well-fortified site, where this U.N. climate ...
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"Corporate Conquistadors": New Report Exposes How Multinationals Drive, Profit From Climate Change 10.12.2014 Truthout - All Articles
As we broadcast from the United Nations Climate Summit in Lima, Peru, we speak with Pascoe Sabido of the Corporate Europe Observatory, which has just released a new report, "Corporate Conquistadors: The Many Ways Multinationals Both Drive and Profit from Climate Destruction." "This is COP 20. For 20 years we've been going without progressing to a fair and progressive climate deal that we need," Sabido says. "One of the big reasons is the aggressive lobbying of the fossil fuel industry both at the national level and here at the talks." TRANSCRIPT: This is a rush transcript. Copy may not be in its final form. AMY GOODMAN: Before that, you heard Pascoe Sabido of the Corporate Europe Observatory. Pascoe joins us here live right now. We're broadcasting from Lima, Peru. We are inside the COP 20, as it's called, right now. Interesting, it's sort of "cop watch" in New York to "COP watch" right now in Lima. COP is, here, short for Conference of Parties, and it's the 20th anniversary. The Corporate Europe ...
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Lima climate change talks and a year of Ebola 9.12.2014 The Guardian -- World Latest

Delegates are in Peru for UN discussions on how to tackle climate change and we mark a year since the first case of Ebola in Guinea

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Monkey Cage: A realistic approach to linking carbon markets 1.12.2014 Washington Post: Politics
Monkey Cage: A realistic approach to linking carbon markets
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GM’s Latest Plan To Combat Climate Change: Protect Grass 17.11.2014 Think Progres

Chevrolet, a unit of GM, will become the first company to purchase carbon credits in a new program administered by the U.S. Agriculture Department meant to preserve grasslands.

The post GM’s Latest Plan To Combat Climate Change: Protect Grass appeared first on ThinkProgress.

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Chevrolet first company to join project that protects grasslands, reduces carbon pollution 17.11.2014 Star Tribune: Business
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Chevrolet supports grassland preservation program 17.11.2014 AP Business
TRAVERSE CITY, Mich. (AP) -- Chevrolet has become the first corporate participant in a public-private initiative that pays farmers not to convert natural prairie to large-scale crop production, which would release gases that are warming the planet, officials said Monday....
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