The Global Stocktake Text gives a complete package to keep the 1,5 Degrees target within sight. It introduces a goodbye to fossil fuels use and countries promise to triple renewables power capacity, double energy efficiency, and reduce methane emissions. And it also asks to accelerate work on Article 6, including the carbon market and carbon removals….
Tag: marktinstrument
European emissions system determines meeting agreed CO2 targets, fossil subsidies secondary
Abstract Many pleas for abolishing fossil subsidies fail to recognize the existence of the European Emissions Trading System: that system ensures that we meet agreed CO2 targets even before 2040. Fossil fuel subsidies do nothing to change that, while abolishing them could even lead to more overall greenhouse emissions and harm the competitive position of…
We have the Fund, 7 years rest to close the emissions gap; the CO2 market can help bridge it
The CoP27 climate talks in Sharm el Sheik ended in agreements, but the consensus rule made it extra hard this year, as many nations suffer climate disasters, war and energy crisis. I was not at the CoP this year, but was involved via the International Emissions Trading Association. Groundbreaking was, against the background described before,…
Nations develop strategies for a smart use of the global carbon market to help meet Paris goals
The Paris Agreement Parties adopted at CoP-26 in Glasgow in 2021 Art 6.2 guidelines, to make use of international carbon trading to help meet the Paris goals and a new centralized carbon credit issuing mechanism (Art 6.4). Parties are now preparing to operationalize these guidelines and to setup the Supervisory Body for Art 6.4, to…
Six tips to make the climate summit to a success
The annual climate summit, after a year of Corona postponement, is happening in Glasgow as CoP26, the first two weeks of November. I will attend the CoP for Climate Neutral Group. And I give hereby my six tips for the summit summarized in a few words: you get more ambition with more flexibility. My tips…
Quick Assessment EUs Fit for 55 Plan #FF55
See: EU Commission site
Vrijwillige CO2 markt helpt Nederland bij ‘Parijs’
Een belangrijke vraag in de media na de presentatie van het concept klimaatakkoord was ‘wie gaat dat betalen?’ Een eerste reactie zou moeten zijn: beperk de kosten en maak gebruik van de flexibiliteit die de EU biedt voor energie en industrie bij het halen van de CO2-doelen. En maak gebruik van de (mondiale) CO2-markt: dat…
Interview on Ecosystem Marketplace – A New Green Deal For The Netherlands: Will the Dutch Embrace Voluntary Carbon?
Steve Zwick for Ecosystem Marketplace “Several European organsations are experimenting with voluntary carbon markets to drive down greenhouse-gas emissions, often in cooperation with state and federal governments. The Dutch effort is called the “Green Deal”, and proponent Jos Cozijnsen hopes “to make it work by making carbon trading fun.” 30 January 2018 | UTRECHT |…