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Shell, BP, and Easyjet: The Big Polluters Designing the Rules for Voluntary Carbon Offsets

DeSmog Jan 22, 2021 @ 05:41 Many of the world’s most polluting companies are being handed a “get out of jail free” card by being invited to shape a scaled-up offsetting market, campaigners claim. The Taskforce on Scaling Voluntary Carbon Markets is due to publish its “roadmap for implementation” on Wednesday, four months after it was launched by former Bank of England Governor Mark Carney, who is now a UN Special Envoy for Climate Action and Finance. Carney’s group wants to hugely scale up the existing market, making it “large, transparent, verifiable and robust”. This, it claims, will help private corporations meet the UK’s net zero target by 2050, in line with Paris Agreement targets to limit the worst impacts of climate change by restricting global warming to 1.5C or “well below” 2C.

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Irish LNG Plan That Would Allow US Fracked Gas Imports Dead in the Water

DeSmog May 4, 2020 @ 04:41 It is increasingly unlikely that Ireland will develop new infrastructure to import liquefied natural gas (LNG) produced from fracked wells in the US, after the plans suffered a series of potentially fatal legal and political setbacks. First, the European Court of Justice advocate general, Juliane Kokott, ruled that An Bord Pleanála, Ireland’s planning appeals body, erred in not requesting an up-to-date environmental impact study for the proposed Shannon LNG terminal before extending planning permission for a planned project. The decision means the case would have to be referred back to Ireland’s High Court. Meanwhile, the political climate regarding the project has turned distinctly hostile, with the two major centrist parties Fine Gael and Fianna Fáil this week signing a joint letter that appears to signal the death knell for the LNG project.

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Shell, BP, and Easyjet: The Big Polluters Designing the Rules for Voluntary Carbon Offsets

Shell, BP, and Easyjet: The Big Polluters Designing the Rules for Voluntary Carbon Offsets
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Industry-led Carbon Offset Taskforce Fails To Address Big Fears

Industry-led Carbon Offset Taskforce ‘Fails To Address Big Fears’ An initiative led by former Bank of England governor Mark Carney is failing to address climate campaigners’ concerns about the validity of carbon credits. Jan 28, 2021 @ 06:27 The legitimacy of an industry-led taskforce’s recommendations for scaling up the voluntary carbon offset market has been questioned by climate campaigners, who are concerned they prioritise growing the market over ensuring it is environmentally effective. The Taskforce on Scaling Voluntary Carbon Markets, led by former Bank of England governor Mark Carney, last night published a “roadmap” to scale the market up from about $300m at present to between $50bn and $100 billion a year, in a bid to help private companies reach net zero carbon emissions by 2050.

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Campaigners Urge UK Government To Lock Out Polluters From COP26

DeSmog Campaigners Urge UK Government To Lock Out Polluters From COP26 “The UK Government must take a firm stance and kick climate polluters out of the 2021 UN climate talks in Glasgow,” campaigners argue. Mar 25, 2021 @ 02:01 Campaigners are calling for polluters to be denied access to this year’s pivotal COP26 summit and locked out of all future UN climate talks. A letter published today and signed by over 170 grassroots groups urged the government to “kick out” polluters from sponsoring or even visiting the summit, claiming their presence is “poisoning” the climate debate. The letter by campaign group Glasgow Calls Out Polluters reads: “To protect vulnerable communities we urgently need a just transition to a fossil-free world but many polluters, whose profits depend on inaction, won’t let this happen,”

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