Discover and read the best of Twitter Threads about #CarbonMarket
Most recents (4)
On my way to #COP27 & during my stopover in London tuning in to follow the ongoing discussions of the #Article6.4 Mechanism Supervisory Body (read #CarbonMarket), where members are discussing methodologies for the mechanism & some of its activities: unfccc-events.azureedge.net/Article64third…. A 🧵
#NoOffsets: For the #Article6.4 mechanism to have any positive contributions to enhancing #ClimateAmbition, it must be clear that "credits" generated cannot be used for offsets. You cannot offset your way to 1.5C. #NoOffsets
Critically, members are discussing the potential for "removal" activities, but removals are not reductions and come with considerable risks for #HumanRights, reversals (i.e. when wildfires subsequently destroy a forest), etc.
1/
RAMP IT UP!
11 EU Nations back acceleration of Green Deal ->
#octt #euets #CarbonMarket #gas #gasprices #coal #Emissions #ClimateCrisis
RAMP IT UP!
11 EU Nations back acceleration of Green Deal ->
#octt #euets #CarbonMarket #gas #gasprices #coal #Emissions #ClimateCrisis
2/ 11 EU nations say “Now is the time to be bold and to move ahead with determination with the green transition. Any delay ... will only prolong our energy dependence … negotiations on the package should therefore be accelerated and ambitions ramped up”
3/ “A strong ETS is the cornerstone of the FF55 package, providing us with an effective tool to ensure a cost-effective transition combined with ambitious sectoral measures and standards”
If you ever wanted to acquire #carbonoffsets, you've surely faced the question of categorization. Here is an easy taxonomy 👇 🧵
1/ Two weeks ago I highlighted the difference between carbon emission reduction and removal projects.
The idea of #CarbonReduction is to pay others to reduce emissions in your place. But your output remains in the system. One plus zero.
The idea of #CarbonReduction is to pay others to reduce emissions in your place. But your output remains in the system. One plus zero.
2/ #CarbonRemoval on the other hand scrubs carbon directly from the atmosphere. Plus one, minus one.
But technically, the #carbonmarket makes no difference. A ton is a ton.
But technically, the #carbonmarket makes no difference. A ton is a ton.
This is a learning thread.
A lesson in #language, "purpose" & #NewPower.
From inception, #NetZero was devised as the language to garner uptake/demand from citizenry while simultaneously building a framework to propel #CarbonMarkets, #CCS technology, #NETs, & #nuclear.
A lesson in #language, "purpose" & #NewPower.
From inception, #NetZero was devised as the language to garner uptake/demand from citizenry while simultaneously building a framework to propel #CarbonMarkets, #CCS technology, #NETs, & #nuclear.
Note the panel. Nicole Schwab as moderator (daughter of Klaus Schwab), #naturebasedsolutions, 1TDOTorg, #Gates, #Carney (#ImpactInvesting), Nazareth (regulation), & Bill Winters, chair, Taskforce on Scaling Voluntary #CarbonMarkets.
"#NewPower – The ability to harness the connected crowd to get what you want" – Jeremy Heimans, Purpose/Avaaz/Verifed
Launched Sept 2020 by Carney, the taskforce includes #BlackRock #BP #Saleforce #Shell #Unilever #GoldmanSachs #NaturalCapital Partners:
iif.com/tsvcm
Launched Sept 2020 by Carney, the taskforce includes #BlackRock #BP #Saleforce #Shell #Unilever #GoldmanSachs #NaturalCapital Partners:
iif.com/tsvcm
