As COP26 Climate Summit Continues, Attention Turns to Carbon Markets
Negotiators must work out the rules governing trading carbon offsets to help nations achieve net zero emissions
Source: scientificamerican.com
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How would a global carbon market work? — Quartz
At COP26, negotiators hope to finally settle on rules for a market that could unlock billions of dollars for climate projects.
Source: qz.com
Daily Update: May 19, 2021
Here's an overview of today’s essential intelligence.
Source: spglobal.com
Carbon Offsets Do Not Reduce Carbon Emissions, Only Delay Them
with Alex Hanafi of the Environmental Defense Fund). But many researchers insist that offsets don’t actually reduce carbon emissions and could make it harder to achieve a fully decarbonized economy. Kate Dooley is a research fellow at the University of Melbourne who studies the impact of carbon accounting, including offsets. DOOLEY: My work looks at whether or not offsets in carbon trading are actually doing anything to mitigate climate change, because if these aren’t helping us to reduce emissions, then we’re just moving deck chairs on the Titanic. For various reasons, carbon offsets t...
Source: brinknews.com