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Klimawandel

Carbon Cap and Trade - green gambling?

You've heard of credit default swaps and subprime mortgages. Are carbon default swaps and subprime offsets next? If the Waxman-Markey climate bill is signed into law, it will generate, almost as an afterthought, a new market for carbon derivatives. That market will be vast, complicated, and dauntingly difficult to monitor. And if Washington doesn't get the rules right, it will be vulnerable to speculation and manipulation by the very same players who brought us the financial meltdown.

Waxman-Markey: How US lobbying works

July 14, 2009: The landmark American Clean Energy and Security Act of 2009 that narrowly passed through Congress on June 26 has come under fire by environmental critics who see the pared down measure as too little, too late. Originally proposed by Reps. Henry Waxman (D-CA) and Edward Markey (D-MA), the bill went through the wringer on the Hill, coming out with a number of amendments and omissions.

UK: Woodland creation part of national Low Carbon transition strategy

Markus Sommerauer - Fri, 17/07/2009 - 07:35

July 15, 2009: The UK has released its Low Carbon Transition Plan. The Plan plots out how the UK will meet the cut in emissions set out in the budget of 34% on 1990 levels by 2020.

Issue date:

Jun 29, 2009

Historical background of REDD

June 29, 2009: A New Idea to Save Tropical Forests Takes Flight and then in 2005, a small group of countries changed everything. Papua New Guinea teamed up with Costa Rica and a handful of other countries to make a formal plea to the United Nations.

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