Ken Silverstein Mr. October is on deck. Marciano Dasai, Suriname’s minister of spatial planning and environment, spoke at Climate Week in New York and is pitching 4.8 million carbon offsets to the real heavy hitters — the rich nations responsible for most of the globe’s CO2 emissions. It’s the World Series of carbon finance — a potential…
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Many governments and business leaders have made commitments to reduce carbon emissions in response to the 2015 Paris Agreement. This series covers topics surrounding green energy transition The 2015 Paris Agreement is a historic agreement between world governments to reduce carbon emissions in order to combat the effects of climate change. As a result, many…
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Amsterdam, 22 sept 2023 — Singapore’s new carbon exchange traded 12,000 tonnes of emissions on its first trading day as the city-state bets on the growth of an industry that has been slammed for corporate greenwashing. Chevron, Vitol, Standard Chartered and China’s CICC on Wednesday traded credits on Climate Impact X, which is hoping to…
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From Crisis to Confidence by Eftimiya Salo The Voluntary Carbon Market (VCM) has been recognized as a powerful tool for climate change mitigation by supporting corporate climate targets in addition to deep emission cuts aligned with a 1.5-degree trajectory. However, with great power comes significant responsibility, and unfortunately, the current state of the VCM falls…
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All details will be revealed to Suriname’s President on Block 58’s development prospects, said TotalEnergies’ Chief Executive Patrick Pouyanné. Speaking at the Barclays CEO-Energy Power Conference being held in New York, Pouyanné said that the oil field is big enough “to launch a sizeable deepwater development” but held other details close. He is due for…
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By Susanna Twidale and Sarah Mcfarlane LONDON, Sept 1 (Reuters) – Voluntary carbon markets have shrunk for the first time in at least seven years, as companies including food giant Nestle and fashion house Gucci reduced buying and studies found several forest protection projects did not deliver promised emissions savings. Preserving forests is crucial to meeting international goals…
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In the past decade, the phrase “put a price on carbon” has gathered steam around the globe. And carbon pricing has been hailed by scientists, economists, and business leaders as one of the most cost-effective tools to decarbonize economies. But the exact price—typically expressed in terms of value (e.g. dollars or other local currency) per…
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The forestry industry is going through an extensive transformation, with inventory, harvesting and management all going digital and data-driven. This means demand for new solutions in which Finland is a world-class provider. We help the industry respond to the growing demand for wood, while preserving the environment for future generations. Finland has the digital innovations,…
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The Next Generation of Energy Clean energy technologies are central to limiting the impacts of climate change as the world shifts away from emissions-intensive energy sources. Embracing clean energy alternatives means fundamentally changing the way we produce and consume energy—in all its forms. The State of Decarbonization While the ecological, economic, and social risks of…
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