The carbon negative South American country bides its time ahead of potential oil boom The FDI angle: In early June, Suriname’s state-owned company Staatsolie hosted an energy, oil and gas summit in the capital, Paramaribo. The aim was to “bring Suriname to the attention of the world” and promote investment into the country’s nascent offshore…
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Dr Sultan Ahmed Al Jaber, COP28 President-Designate and UAE Minister of Industry and Advanced Technology, on Monday delivered the keynote address during the ADIPEC 2023 Opening Ceremony, stating the energy industry “can and must help drive the solutions”. ADIPEC, the world’s largest energy exhibition and conference, opened on Monday, rallying industries and diverse actors around…
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A quarter of global emissions are now covered, and the share is rising fast Oct 1st 2023image: EPA/Shutterstock IF GLOBAL WARMING is to be limited, the world must forget about fossil fuels as fast as possible—that much almost everyone agrees upon. How to do so is the complicated part. Economists have long favoured putting a…
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As extreme weather events roiled communities around the world this summer, businesses and governments are feeling more pressure than ever to respond to climate change. Tracking emissions has historically been difficult, because the methods for tracking a company’s carbon footprint are all over the place. In the U.S., corporate sustainability reporting remains unstandardized and largely…
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Much has been discussed about the carbon market, here is how it actually works. Lombard Odier explains the difference between voluntary and compliance carbon markets and outlines the importance of high-integrity carbon projects. How investors can support companies’ decarbonisation strategies and diversify their portfolios via carbon markets. The Nuances of Carbon Markets: Leveraging Voluntary and…
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Exploring India’s Net-Zero Commitment: The Draft Green Credit Programme and Carbon Credit Trading Scheme of 2023 On 26th June and 28th June 2023, India propelled closer to its net-zero commitments as two groundbreaking events unfolded. The Ministry of Environment, Forests, and Climate Change introduced the ‘draft Green Credit Programme Implementation Rules, 2023’, and the Ministry…
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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 Inadequacy of Carbon Pricing: Why Carbon Markets Have Failed to Reduce Global Emissions In theory, putting a price on carbon emissions should incentivise businesses to stop…
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How much is carbon credit worth? These are important questions. Other topics we cover include; what is carbon credits in agriculture, carbon credit sellers, carbon credit investors, and how do i get carbon credits? Carbon Credit is a type of tradeable permit that allows a company to offset their carbon emissions by investing in activities…
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By providing economic incentives within a market-based system, many believe that carbon trading is the most effective way to fight climate change, but others argue that it will only delay society’s transition away from fossil fuels. CNBC’s Tom Chitty explains.
Ken Silverstein Mr. October is on deck. Marciano Dasai, Suriname’s minister of spatial planning and environment, spoke at Climate Week in New York and is pitching 4.8 million carbon offsets to the real heavy hitters — the rich nations responsible for most of the globe’s CO2 emissions. It’s the World Series of carbon finance —…
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