Under the current rules, the federal government takes the most responsibility for buying carbon credits. A blockchain-driven market would be faster, smarter, and much more open.
According to new research, the majority of Canadians in all but three ridings across the country believe their province has already felt the effects of climate change.
THE CANADIAN PRESS/Justin Tang
Suzi Kerr, Te Herenga Waka — Victoria University of Wellington
New Zealand is a trailblazer for emissions trading, which could help drive a low-emission transformation, both domestically and overseas, in a post-Paris world.
A farmer harvests soybeans near Lenox, Iowa.
Drake University Agricultural Law Center
Whether or not farmers believe human activities are changing the climate (many don’t), an agriculture specialist urges them to pursue payments for techniques that return carbon to the soil.
The Niger Delta, where the rights of humans have been violated in the pursuit of oil.
Flickr/Sosialistisk Ungdom (SU)
Global indigenous and human rights movements that oppose the oil, coal and gas industries are charting a path for a fair and just transition to a low carbon energy future.
Despite there being no reference to the words “market mechanism” or “carbon market” in the agreement, the agreement clearly establishes a new international carbon market mechanism.
Never mind, we’ve paid some Indians to be green on our behalf.
benleahy
You’ve changed your lightbulbs, you recycle, you’ve retrofitted your house, cycle when you can, and drive an electric car when you can’t. You’re doing your bit to reduce your carbon emissions and prevent…
A reform silver lining lurking behind the clouds?
Arnold Paul
Luca Taschini, London School of Economics and Political Science and Josh Gregory, Imperial College London
In 2008, the European carbon market crashed. Carbon emission allowances in the EU Emissions Trading System (ETS) plunged from €30 per tonne of C02 in June 2008 to €7 at the beginning of 2009. Prices have…
Much more to be done in fertilising the green economy.
Niall Carson/PA
The idea of the “green economy” goes in and out of fashion, not least because it is rarely defined and frequently misunderstood. Partly this is because different groups find ways to exaggerate the aspects…
We’re comfortable buying things we can touch, but we can get used to a market in intangibles.
Jeremy Brooks
Many are puzzled by the political theory of carbon markets. Why does the Institute for Public Affairs – a libertarian think tank – oppose a market in carbon? Tim Wilson, for example, thinks that private…
Ratcliffe-on-Soar power station: carbon markets are supposed to be effective, not just hot air.
PA/David Davies
Cameron Hepburn, London School of Economics and Political Science
Just as scientists almost universally agree greenhouse gases contribute to the planet’s changing climate, economists almost universally agree the problem is made worse because polluters don’t pay for the…
Does purchasing carbon credits from others really offset our impact on the environment?
Ecopush/Flickr
Many Australian consumers and businesses are working on ways to reduce their greenhouse gas emissions. For some, the carbon tax meets their needs: it’s designed to specifically motivate changes in behaviour…
Is Tony Abbott right that the carbon price is ruining Australia?
AAP Image/Alan Porritt
… It became absolutely obvious after the Copenhagen conference that the rest of the world was not going anywhere near carbon taxes or emission trading schemes and that’s why the Coalition is absolutely…
The legal implications of changes to the carbon price mechanism are subtle, but important.
Pawel Loj
Earlier this week the federal Government announced important changes to the carbon pricing mechanism (CPM). The political and economic consequences have been much discussed, but the less-talked-of legal…
What will removing the price floor and linking to the EU carbon market mean for Australia’s carbon price?
AAP Image/Alan Porritt
You might have thought Australia’s carbon pricing scheme was done and dusted – at least until the next government comes in. Today’s announcement about the price floor and international permit trading proves…
A trading coalition would help Indonesia meet its emissions-reduction targets.
World Resources
International carbon markets are on the nose in some quarters. From some on the left they are seen as a cheap way to absolve polluters’ sins without having a real impact on reducing emissions. From some…