How do carbon markets work?
In theory putting a price on carbon emissions should incentivise businesses to stop polluting. So why have carbon markets failed to achieve their goal of reducing global emissions?
In theory putting a price on carbon emissions should incentivise businesses to stop polluting. So why have carbon markets failed to achieve their goal of reducing global emissions?
The renewable revolution is plainly gaining speed and impact. So why are so many analysts so wrong about the pace and scale of innovation? The renewable revolution is advancing at remarkable speed. In fact, the speed of the renewable revolution has defied many leading energy commentators who have continuously underestimated its true trajectory. They have…
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In the 1960s, for the United States, the greatest threat was just 90 miles south of Florida, Cuba and the communist dictatorship established by Fidel Castro and his proxy Che Guevara. Che Guevara was a scholar, philosopher, writer, teacher, healer, revolutionary, mass murderer, psychopath. So who was the real Che Guevara? Hosted by Colin D.…
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Production at Brazil’s state-run Petrobras hit close to four million barrels a day in this quarter, according to its chief executive officer, Jean-Paul Prates. In a post on X (formerly Twitter), Prates said Petrobras began producing oil in 1953 with just shy of three thousand barrels a day. “Today, @petrobras produces more than a thousand…
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Yuka Obayashi A man works at the Tokyo Stock Exchange after market open in Tokyo, Japan, Oct. 2, 2020. REUTERS/Kim Kyung-Hoon/ TOKYO, Oct 11 (Reuters) – Japan’s Tokyo Stock Exchange (TSE) started trading carbon credits on Wednesday, as the world’s fifth-largest carbon dioxide (CO2) emitter put in place a key element of its strategy to…
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How Xinjiang’s Uyghurs perennially bridge east and west Razib Khan On March 1, 2014, eight knife-wielding ethnic Uyghur assailants attacked passengers at a Kunming railway station in the province of Yunnan, China, killing 31 and wounding 143 others. Occurring deep in southern China, where Han are the overwhelming majority, the terror attack shocked the nation.…
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Smart windows save households money and CO2 A thermochrome coating is applied to the windows. This extra layer ensures that the optical properties change at a certain temperature. If it is warmer than 20 degrees Celsius, then the solar heat is kept out. Is it colder? Then the windows let in the heat of the…
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“Margin Call” is a very underappreciated movie IMO. The movie is starred by Stanley Tucci and Kevin Spacey. There are a lot of parallels between this movie and what happened last Friday with the unwinding of Archegos Capital Management’s positions by Goldman Sachs and others. No idea why I started thinking about it on Friday…
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With the adoption of the Carbon Border Adjustment Mechanism (Cbam), Brussels subjects imports of seven inputs to surcharges of 20% to 35% if production exceeds its environmental limits The European Union has been proactive in pressuring its trading partners to adhere to its domestic greenhouse gas emissions reduction goals, primarily rooted in protectionism. First, with…
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The for sustainability claims are based on three principles: claims must be current and factually correct, they must be concretely substantiated and that substantiation must be understandable and imitable. In the guideline, the AFM explains the three principles in detail and provides examples of good and bad behavior. Those examples should help organizations report as…
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